24 VERNON ROAD LTD
Opportunity 76/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
2 live charges · oldest 1.0y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 1.0 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey 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 | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £1 | £1 |
| Net assets | £1 | £1 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
Corporate timeline (11 events)Click to expand
- 2025-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-06-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-06🔓Charge satisfied #1
- 2025-05-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-22🔒Charge registered #2Lender: C & M Wealth International LTD
- 2025-05-22🔒Charge registered #1Lender: C & M Wealth International LTD
- 2024-09-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-05🏢Company incorporatedAs 24 VERNON ROAD LTD
- 2023-01-05➕WRIGHT, Colin Desmond appointeddirector
- 2023-01-05📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +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.
- 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 Colin Desmond Wright Individual · British · DOB 07/1961 · age 65 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 05/01/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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10 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 (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | C & M Wealth International / Yingxin Li C & M Wealth International LTD / Yingxin Li | A registered charge | 1 property | 22/05/2025 | — | |
| satisfied | C & M Wealth International / Yingxin Li C & M Wealth International LTD / Yingxin Li | A registered charge | 1 property | 22/05/2025 | 06/06/2025 |