ITS OPERATING GROUP LTD
🌱Startupactive
16020697 · ltd · incorporated 2024-10-16
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
66/100
Strong
What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
PursueAsset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.
Opportunity 66/100 (strong), bankability 57/100. 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 · 2 lenders · oldest 1.6y
15/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 1.6 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 33/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (57/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2025-10-20📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-09-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-16🔓Charge satisfied #2
- 2025-09-16🔓Charge satisfied #1
- 2025-09-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-05🔒Charge registered #3Lender: Allica Bank Limited
- 2025-07-30📄capital-allotment-sharescapital · SH01
- 2024-11-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-25🔒Charge registered #2Lender: Malcolm Knott
- 2024-10-25🔒Charge registered #1Lender: Malcolm Knott
- 2024-10-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-10-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-23📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-10-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-22➕MILLS, Andrew Ian appointeddirector
- 2024-10-22➖A G SECRETARIAL LIMITED resignedcorporate-secretary
- 2024-10-22➖HART, Roger resigneddirector
- 2024-10-22➖A G SECRETARIAL LIMITED resignedcorporate-director
- 2024-10-22➖INHOCO FORMATIONS LIMITED resignedcorporate-director
- 2024-10-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-10-22✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2024-10-16🏢Company incorporatedAs ITS OPERATING GROUP LTD
- 2024-10-16➕A G SECRETARIAL LIMITED appointedcorporate-secretary
- 2024-10-16➕HART, Roger appointeddirector
- 2024-10-16➕A G SECRETARIAL LIMITED appointedcorporate-director
- 2024-10-16➕INHOCO FORMATIONS LIMITED appointedcorporate-director
- 2024-10-16📄incorporation-companyincorporation · NEWINC
Owner dependency
80/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Young company: Only 1.6 years old — management layer unlikely to be developed.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
2 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Name changed recently
mediumName changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2024-10-22: certificate-change-of-name-company
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew Ian Mills Individual · British · DOB 12/1979 · age 47 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 22/10/2024 |
1 historic (ceased) PSC
- Inhoco Formations Limitedceased 22/10/2024· 75-100% shares · 75-100% voting · board control
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 · TS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 13-15 SKINNER STREET MANAGEMENT COMPANY LIMITED→ 10483753 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 4FINANCE GROUP LTD.→ 13441121 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 4FINANCE HOLDING LTD.→ 13457443 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A S GUPTA HOLDINGS LTD→ 15605088 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ACREPEARL LIMITED→ 01805612 · est 1984 · no financials extracted | — | — | — | — | 42y | — | — |
| AFRICAYAMUKA LIMITED→ 16269768 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALPHA PROPERTY NE LTD→ 15239684 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALRAHI HOLDINGS LIMITED→ 16945743 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AM & SONS HOLDINGS LIMITED→ 16622849 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANESTY COURT (BISHOPTON) MANAGEMENT COMPANY LIMITED→ 03038639 · est 1995 · no financials extracted | — | — | — | — | 31y | — | — |
| APOTHEOSIS HOLDINGS LIMITED→ 14702234 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| APPLIED TECHNICAL PRODUCTS (HOLDINGS) LIMITED→ 16712358 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Typeltd
Incorporated2024-10-16
Jurisdictionengland-wales
Primary SIC64209 — Activities of other holding companies n.e.c.
Registered office
Its House High Force Road
Riverside Park
Middlesbrough
Cleveland
TS2 1RH
United Kingdom
Filing status
Accounts
Next due: 2026-07-16
Last made up to: —
Confirmation statement
Next due: 2026-07-23
Last: 2025-07-09
Officers (1 active · 4 resigned)
MILLS, Andrew Ian→
Activedirector · ~47y · appointed 2024-10-22
View their other companies + combined net worth →
A G SECRETARIAL LIMITED→
Resignedcorporate-secretary · appointed 2024-10-16 · resigned 2024-10-22
HART, Roger→
Resigneddirector · ~55y · appointed 2024-10-16 · resigned 2024-10-22
A G SECRETARIAL LIMITED→
Resignedcorporate-director · appointed 2024-10-16 · resigned 2024-10-22
INHOCO FORMATIONS LIMITED→
Resignedcorporate-director · appointed 2024-10-16 · resigned 2024-10-22
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Allica Bank Allica Bank Limited | A registered charge | 1 property | 05/09/2025 | — | |
| satisfied | Malcolm Knott / Simon Michael Close | A registered charge | 1 property | 25/10/2024 | 16/09/2025 | |
| satisfied | Malcolm Knott / Simon Michael Close | A registered charge | — | 25/10/2024 | 16/09/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (19 total)
change-account-reference-date-company-current-extended
accounts · AA01
2025-10-20
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-16
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-31
capital-allotment-shares
capital · SH01
2025-07-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-10-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-23
termination-director-company-with-name-termination-date
officers · TM01
2024-10-23
termination-director-company-with-name-termination-date
officers · TM01
2024-10-23
termination-secretary-company-with-name-termination-date
officers · TM02
2024-10-23
termination-director-company-with-name-termination-date
officers · TM01
2024-10-23