CROSSMAN (PORTLAND STREET) LTD
Opportunity 67/100 (strong), bankability 52/100. 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
5 live charges · 3 lenders · oldest 2.9y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 2.9 years old — likely still in initial term.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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 · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | — | £-44.4k |
| Cash | — | £3.1k |
| Net assets | — | £-44.4k |
| Average employees | 0 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (16 events)Click to expand
- 2025-10-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-07🔒Charge registered #5Lender: Close Brothers Limited
- 2025-10-07🔒Charge registered #4Lender: Close Brothers Limited
- 2025-08-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-18🔒Charge registered #3Lender: Ricky David Chandler
- 2023-08-18🔒Charge registered #2Lender: Together Commercial Finance Limited
- 2023-08-18🔒Charge registered #1Lender: Together Commercial Finance Limited
- 2023-04-26🏢Company incorporatedAs CROSSMAN (PORTLAND STREET) LTD
- 2023-04-26➕HALSTEAD, Matthew James Robert appointeddirector
- 2023-04-26➕HUGHES, Bradley Simon appointeddirector
- 2023-04-26📄incorporation-companyincorporation · NEWINC
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
2 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 |
|---|---|---|---|---|
Mr Ricky David Chandler Individual · British · DOB 09/1961 · age 65 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 26/04/2023 |
Crossman Acquisitions Ltd Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 26/04/2023 |
Crossman Land Limited Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 26/04/2023 |
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 | Close Brothers Close Brothers Limited | A registered charge | 2 properties | 07/10/2025 | — | |
| outstanding | Close Brothers Close Brothers Limited | A registered charge | 2 properties | 07/10/2025 | — | |
| outstanding | Ricky David Chandler | A registered charge | 2 properties | 18/08/2023 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 18/08/2023 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 2 properties | 18/08/2023 | — |