AGNEW LEASING LTD
Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (83/100, director aged 76). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 10 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
8 live charges · 7 lenders · oldest 48.9y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 48.9 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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.
Recent activity
Corporate timeline (48 events)Click to expand
- 2025-10-11📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-10-11📄legacyaccounts · PARENT_ACC
- 2025-10-11📄legacyother · GUARANTEE2
- 2025-10-11📄legacyother · AGREEMENT2
- 2024-10-20📄accounts-with-accounts-type-fullaccounts · AA
- 2023-10-10📄accounts-with-accounts-type-fullaccounts · AA
- 2023-07-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-07-14➖COLLINSON, Adam resigneddirector
- 2023-07-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-07-13➕MOORHOUSE, Simon appointeddirector
- 2023-02-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-31🔒Charge registered #8Lender: National Westminster Bank PLC as Security Agent
- 2022-09-28📄accounts-with-accounts-type-fullaccounts · AA
- 2021-09-27📄accounts-with-accounts-type-fullaccounts · AA
- 2020-10-06📄accounts-with-accounts-type-fullaccounts · AA
- 2020-03-13📄resolutionresolution · RESOLUTIONS
- 2020-03-13✏️change-of-name-noticechange-of-name · CONNOT
- 2019-10-02📄accounts-with-accounts-type-fullaccounts · AA
- 2018-10-10📄accounts-with-accounts-type-fullaccounts · AA
- 2017-09-06📄accounts-with-accounts-type-fullaccounts · AA
- 2013-03-20🔒Charge registered #7Lender: N.I.I.B. Group Limited
- 2013-03-20🔒Charge registered #6Lender: N.I.I.B. Group Limited
- 2012-06-30➕MURPHY, Alan appointedsecretary
- 2012-06-30➖AGNEW, Philip William resignedsecretary
- 2012-06-30➖AGNEW, Philip William resigneddirector
- 2012-05-31➖AGNEW, Andrew Isaac David resigneddirector
- 2012-01-24🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2012-01-24🔒Charge registered #4Lender: National Westminster Bank PLC
- 2012-01-19🔓Charge satisfied #3
- 2012-01-19🔓Charge satisfied #2
- 2012-01-19🔓Charge satisfied #1
- 2012-01-10➕COLLINSON, Adam appointeddirector
- 2009-05-01➖MC CLELLAND, Cecil Edmund resigneddirector
- 2007-06-22➕AGNEW, Philip William appointedsecretary
- 2007-06-22➖MURRAY, James Peter resignedsecretary
- 2007-06-22➕AGNEW, Philip William appointeddirector
- 2007-06-22➖MURRAY, James Peter resigneddirector
- 2007-03-22➕AGNEW, Andrew Isaac David appointeddirector
- 2005-08-24➕MAGEE, Samuel Yuile appointeddirector
- 2005-08-24➖AGNEW, David Isaac Ferris resigneddirector
- 1985-11-11🔒Charge registered #3Lender: Lloyds Bowmaker Rentals Limited
- 1977-11-04🔒Charge registered #2Lender: Forward Trust Limited
- 1977-06-03🔒Charge registered #1Lender: Northern Bank Limited
- 1977-03-24🏢Company incorporatedAs AGNEW LEASING LTD
- 1977-03-24➕MURRAY, James Peter appointedsecretary
- 1977-03-24➕AGNEW, David Isaac Ferris appointeddirector
- 1977-03-24➕MC CLELLAND, Cecil Edmund appointeddirector
- 1977-03-24➕MURRAY, James Peter appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 76 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med · 1 lowMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Isaag Agnew (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Isaag Agnew (Holdings) Limited Corporate entity | 75–100% | 75–100% | board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence | 09/04/2016 |
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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8 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 (3 active · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank as Security Agent National Westminster Bank PLC as Security Agent | A registered charge | — | 31/01/2023 | — | |
| outstanding | N.I.I.B. Group N.I.I.B. Group Limited | Master deed of assignment | 2 properties | 20/03/2013 | — | |
| outstanding | N.I.I.B. Group N.I.I.B. Group Limited | Account assignment | 1 property | 20/03/2013 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 24/01/2012 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 24/01/2012 | — | |
| satisfied | Lloyds Banking Group Lloyds Bowmaker Rentals Limited / Lloyds Bowmaker Equipment Leasing Limited / Lloyds Bowmaker Leasing Limited / Lloyds Bowmaker Limited | Indenture | 1 property | 11/11/1985 | 19/01/2012 | |
| satisfied | Forward Trust Forward Trust Limited | Debenture | 1 property | 04/11/1977 | 19/01/2012 | |
| satisfied | Northern Bank Northern Bank Limited | Floating charge | 1 property | 03/06/1977 | 19/01/2012 |