HOWDEN UK REFINANCE 2 PLC
🌿Early-stageactive
15326844 · plc · incorporated 2023-12-04
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Activities of financial services holding companies
Sector: Financial & insurance
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · oldest 2.3y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 2.3 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 23/100 — clean.
Data confidence
Overall: medium (60/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
4
filings
- • 2 officers
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
- 2026-05-20📄accounts-with-accounts-type-fullaccounts · AA
- 2026-03-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-03-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-17➕PANUCCIO, Susan Lee appointeddirector
- 2026-02-17➖CRAIG, Mark Skimming resigneddirector
- 2025-09-16📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-09-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-12➕SHALDERS, David Peter appointeddirector
- 2025-09-12➖ROBERTS, Gareth Huw resigneddirector
- 2025-04-14📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-04-14📄legacyaccounts · PARENT_ACC
- 2025-04-14📄legacyother · AGREEMENT2
- 2025-04-14📄legacyother · GUARANTEE2
- 2024-10-03📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-10-03📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-09-30➕MOORE, Andrew John appointedsecretary
- 2024-09-30➖GRIFFIN, Steven Terence Hunter resignedsecretary
- 2024-03-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-03-14➖BLOOMER, William David resigneddirector
- 2024-02-15📄memorandum-articlesincorporation · MA
- 2024-02-15📄resolutionresolution · RESOLUTIONS
- 2024-02-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-15🔒Charge registered #2Lender: Morgan Stanley Senior Funding, Inc.
- 2024-02-15🔒Charge registered #1Lender: Morgan Stanley Senior Funding, Inc.
- 2024-01-18➖KEYTE, Robert Peter resigneddirector
- 2024-01-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-10📄change-person-director-company-with-change-dateofficers · CH01
- 2024-01-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-08➕BLOOMER, William David appointeddirector
- 2024-01-08➕ROBERTS, Gareth Huw appointeddirector
- 2023-12-20📄legacyincorporation · CERT8A
- 2023-12-04🏢Company incorporatedAs HOWDEN UK REFINANCE 2 PLC
- 2023-12-04➕GRIFFIN, Steven Terence Hunter appointedsecretary
- 2023-12-04➕CRAIG, Mark Skimming appointeddirector
- 2023-12-04➕KEYTE, Robert Peter appointeddirector
Owner dependency
71/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +Young company: Only 2.5 years old — management layer unlikely to be developed.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: CRAIG, Mark Skimming resigned 2026-02-17; ROBERTS, Gareth Huw resigned 2025-09-12
Group structure
Hgh Finance Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Hgh Finance Limited
Corporate parent · holds 75-100% shares · board control
⬇
HOWDEN UK REFINANCE 2 PLC
This company · 15326844
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Hgh Finance Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 04/12/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Holding company · EC postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALDERSGATE HOLDING COMPANY LIMITED→ 12215272 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ALEA FINANCE LTD→ 10841663 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ALEXANDRE GLOBAL HOLDINGS LTD→ 16683913 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALICORN (PHX) OSS II LIMITED→ 16480166 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALKRA INTERNATIONAL LTD→ 11073212 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ALL CARDS HELPLINE LIMITED→ 16777144 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALLEGRA INVEST LIMITED→ 15633023 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ALLIANCE TOPCO LTD→ 14547301 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALLIANCEBERNSTEIN HOLDINGS LIMITED→ 07095980 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ALLIANZ EUROPE LIMITED→ 01571671 · est 1981 · no financials extracted | — | — | — | — | 44y | — | — |
| ALLIED WORLD INDUSTRIAL CO., LIMITED→ 07666954 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ALLIGARE HOLDINGS (UK) LIMITED→ 12511273 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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 →🔒Advanced scoring suite
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
Statusactive
Typeplc
Incorporated2023-12-04
Jurisdictionengland-wales
Primary SIC64205 — Activities of financial services holding companies
Registered office
One Creechurch Place
London
EC3A 5AF
United Kingdom
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-03-15
Last: 2026-03-01
Officers (3 active · 5 resigned)
MOORE, Andrew John→
Activesecretary · appointed 2024-09-30
View their other companies + combined net worth →
PANUCCIO, Susan Lee→
Activedirector · ~54y · appointed 2026-02-17
View their other companies + combined net worth →
SHALDERS, David Peter→
Activedirector · ~59y · appointed 2025-09-12
View their other companies + combined net worth →
GRIFFIN, Steven Terence Hunter→
Resignedsecretary · appointed 2023-12-04 · resigned 2024-09-30
BLOOMER, William David→
Resigneddirector · ~57y · appointed 2024-01-08 · resigned 2024-03-14
CRAIG, Mark Skimming→
Resigneddirector · ~54y · appointed 2023-12-04 · resigned 2026-02-17
KEYTE, Robert Peter→
Resigneddirector · ~38y · appointed 2023-12-04 · resigned 2024-01-18
ROBERTS, Gareth Huw→
Resigneddirector · ~48y · appointed 2024-01-08 · resigned 2025-09-12
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Morgan Stanley Senior Funding, . Morgan Stanley Senior Funding, Inc. | A registered charge | — | 15/02/2024 | — | |
| outstanding | Morgan Stanley Senior Funding, . Morgan Stanley Senior Funding, Inc. | A registered charge | — | 15/02/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (28 total)
accounts-with-accounts-type-full
accounts · AA
2026-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-13
appoint-person-director-company-with-name-date
officers · AP01
2026-03-02
termination-director-company-with-name-termination-date
officers · TM01
2026-03-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-09
change-account-reference-date-company-current-extended
accounts · AA01
2025-09-16
appoint-person-director-company-with-name-date
officers · AP01
2025-09-15
termination-director-company-with-name-termination-date
officers · TM01
2025-09-15
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-04-14
legacy
accounts · PARENT_ACC
2025-04-14
legacy
other · AGREEMENT2
2025-04-14
legacy
other · GUARANTEE2
2025-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-10
appoint-person-secretary-company-with-name-date
officers · AP03
2024-10-03
termination-secretary-company-with-name-termination-date
officers · TM02
2024-10-03