42 THE ESPLANADE LTD
- · Oldest live charge 3.3y old — refinance window within 12 months
Opportunity 69/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
1 live charge · oldest 3.3y
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~3.3 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (84/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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 · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
- • 5 resolution
- • 1 incorporation
- • 1 officers
- • 5 resolution
- • 1 incorporation
- • 1 officers
Corporate timeline (27 events)Click to expand
- 2026-03-28📄memorandum-articlesincorporation · MA
- 2026-03-27📄resolutionresolution · RESOLUTIONS
- 2026-03-27📄resolutionresolution · RESOLUTIONS
- 2026-03-27📄resolutionresolution · RESOLUTIONS
- 2026-03-27📄resolutionresolution · RESOLUTIONS
- 2026-03-27📄resolutionresolution · RESOLUTIONS
- 2026-03-03📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-21📄resolutionresolution · RESOLUTIONS
- 2025-11-11📄capital-name-of-class-of-sharescapital · SH08
- 2025-11-11📄resolutionresolution · RESOLUTIONS
- 2025-11-11📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2025-11-11📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2025-11-11📄capital-name-of-class-of-sharescapital · SH08
- 2025-11-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-11-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-11-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-11-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-10-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-10-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-10-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-02-24🔒Charge registered #1Lender: Empowered Trustees LTD
- 2022-12-19🏢Company incorporatedAs 42 THE ESPLANADE LTD
- 2022-12-19➕HENRY, Christopher John appointeddirector
- 2022-12-19➕PATON, Christopher appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-05-24
Group structure
3 corporate shareholders identified. Group structure is distributed.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Aspire Group Holdings Ltd Corporate entity | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 31/05/2025 |
Sjkj Holdings Ltd Corporate entity | — | — | sig. influencesignificant influence | 07/11/2025 |
Rclc Holdings Ltd Corporate entity | — | — | sig. influencesignificant influence | 07/11/2025 |
2 historic (ceased) PSCs
- Mr Christopher John Henryceased 20/10/2025· significant influence
- Mr Christopher Patonceased 20/10/2025· significant influence
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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9 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 · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Empowered Trustees Empowered Trustees LTD | A registered charge | 2 properties | 24/02/2023 | — |