10 COWPER ROAD WORTHING LTD
Opportunity 72/100 (strong), bankability 62/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 4.2y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.2 years — mid-life; refi window approaching.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-08-30 | 2024-08-30 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 accounts
- • 1 accounts
- • 1 confirmation-statement
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (28 events)Click to expand
- 2026-04-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-05-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-08-20📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-08-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-08-06📄gazette-notice-compulsorygazette · GAZ1
- 2024-06-05📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-06-04📄gazette-notice-compulsorygazette · GAZ1
- 2023-05-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-12📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-03-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-12-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-21🔓Charge satisfied #1
- 2022-12-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-12-14🔒Charge registered #3Lender: Gatehouse Bank PLC
- 2022-12-14🔒Charge registered #2Lender: Together Commercial Finance Limited
- 2022-03-16➕MENSAH, Chriss appointedsecretary
- 2022-03-16➖MENSAH, Richmond resignedsecretary
- 2022-03-16📄change-person-director-company-with-change-dateofficers · CH01
- 2022-03-16📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-03-16📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-03-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-04🔒Charge registered #1Lender: Stichting Max Crowdfund Security Trustee Foundation
- 2022-02-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-08-13🏢Company incorporatedAs 10 COWPER ROAD WORTHING LTD
- 2021-08-13➕MENSAH, Richmond appointeddirector
- 2021-08-13➕MENSAH, Richmond appointedsecretary
- 2021-08-13📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richmond Mensah Individual · British · DOB 06/1978 · age 48 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 13/08/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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8 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (2 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Gatehouse Bank Gatehouse Bank PLC | A registered charge | 1 property | 14/12/2022 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 14/12/2022 | — | |
| satisfied | Stichting Max Crowdfund Security Trustee Foundation | A registered charge | 1 property | 04/03/2022 | 21/12/2022 |