AS UNDERWRITING LLP
Opportunity 69/100 (strong), bankability 57/100. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (38/100).
Refinance opportunity
16 live charges · 9 lenders · oldest 16.6y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 16.6 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: low (54/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
Corporate timeline (50 events)Click to expand
- 2025-10-02📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2025-09-15📄accounts-with-accounts-type-fullaccounts · AA
- 2024-10-15📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2024-10-14📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2024-10-14📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2024-10-11📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-09-19📄accounts-with-accounts-type-fullaccounts · AA
- 2023-10-09📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-09-14📄accounts-with-accounts-type-fullaccounts · AA
- 2022-10-13📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2022-09-26📄accounts-with-accounts-type-fullaccounts · AA
- 2022-07-25📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2022-07-25📄change-to-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC04
- 2021-10-12📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-10-03📄accounts-with-accounts-type-fullaccounts · AA
- 2021-02-04📄accounts-with-accounts-type-fullaccounts · AA
- 2020-10-02📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2019-11-26➖WARKCUP, Darren resignedllp-member
- 2019-11-26📄termination-member-limited-liability-partnership-with-name-termination-dateofficers · LLTM01
- 2019-10-07📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2019-10-01📄accounts-with-accounts-type-fullaccounts · AA
- 2018-10-11📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2018-09-11📄accounts-with-accounts-type-fullaccounts · AA
- 2017-10-11📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2017-09-29📄accounts-with-accounts-type-fullaccounts · AA
- 2017-09-07📄change-corporate-member-limited-liability-partnership-with-name-change-dateofficers · LLCH02
- 2011-02-02🔒Charge registered #16Lender: Lloyds Tsb Bank PLC
- 2011-02-02🔒Charge registered #15Lender: Lloyds Tsb Bank PLC
- 2010-12-20🔒Charge registered #14Lender: The Society, the Trustees, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form MG01)
- 2010-02-02🔒Charge registered #13Lender: Lloyds Tsb Bank PLC
- 2010-02-02🔒Charge registered #12Lender: Lloyds Tsb Bank PLC
- 2010-01-01🔒Charge registered #11Lender: The American Trustee, All Policy Holders and Certain Other Persons or Bodies (As Further Defined on Form LLMG01)
- 2010-01-01🔒Charge registered #10Lender: Lloyd’S and Certain Other Persons or Bodies (As Further Defined on the Form LLMG01)
- 2010-01-01🔒Charge registered #9Lender: Lloyd’S and Certain Other Persons or Bodies (As Further Defined on the Form LLMG01)
- 2010-01-01🔒Charge registered #8Lender: Rbc Dexia Investor Services Trust and Certain Other Persons or Bodies (As Further Defined on Form LLMG01)
- 2010-01-01🔒Charge registered #7Lender: Lloyd’S, and Certain Other Persons or Bodies (As Further Defined on Form LLMG01)
- 2010-01-01🔒Charge registered #6Lender: Lloyd’S, the Regulating Trustee and Certain Other Persons or Bodies (As Further Defined on Form LLMG01)
- 2009-11-26🔒Charge registered #5Lender: Lloyd's, the Trustees, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form MG01)
- 2009-11-24🔒Charge registered #4Lender: Lloyd's, the Trustees, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form MG01)
- 2009-11-24🔒Charge registered #3Lender: Lloyd's, the Trustees, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form LLMG01)
- 2009-11-24🔒Charge registered #2Lender: Lloyd's, the Trustees, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form LLMG01)
- 2009-11-24🔒Charge registered #1Lender: Lloyd's, the Trustees, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form LLMG01)
- 2009-09-30➕JONES, Nicholas appointedllp-member
- 2009-09-30➕OSBORNE, Antonia Patricia Mary appointedllp-member
- 2009-09-30➕ROWLAND, Andrew appointedllp-member
- 2009-09-30➕WHITE, Simon Andrew Charles appointedllp-member
- 2009-09-30➕WARKCUP, Darren appointedllp-member
- 2009-09-29🏢Company incorporatedAs AS UNDERWRITING LLP
- 2009-09-29➕ARGENTA CONTINUITY LIMITED appointedcorporate-llp-designated-member
- 2009-09-29➕ARGENTA LLP SERVICES LIMITED appointedcorporate-llp-designated-member
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryStable-but-static management: Company is 17 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Simon Andrew Charles White Individual · British · DOB 01/1968 · age 58 | — | 25–50% | 25-50% voting | 06/04/2016 |
Mr Nicholas Jones Individual · British · DOB 06/1971 · age 55 | — | 25–50% | 25-50% voting | 06/04/2016 |
Mrs Antonia Patricia Mary Osborne Individual · British · DOB 05/1967 · age 59 | — | 25–50% | 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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 (6 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Deed of charge | 1 property | 02/02/2011 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Deed of charge | 1 property | 02/02/2011 | — | |
| outstanding | The Society, the Trustees, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form MG01) | Security and trust deed (letter of credit and guarantee) (gen) (10) (the trust deed) | 2 properties | 20/12/2010 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | A deed of charge | 1 property | 02/02/2010 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Deed of charge | 1 property | 02/02/2010 | — | |
| outstanding | The American Trustee, All Policy Holders and Certain Other Persons or Bodies (As Further Defined on Form LLMG01) | Lloyd’s american trust deed dated 24 march 2009 (the trust deed) | 4 properties | 01/01/2010 | — | |
| outstanding | Lloyd’S and Certain Other Persons or Bodies (As Further Defined on the Form LLMG01) | Lloyd’s asia (singapore policies) instrument 2002 (general business of all underwriting members) (the singapore policies instrument) dated 13 february 2002 | 1 property | 01/01/2010 | — | |
| outstanding | Lloyd’S and Certain Other Persons or Bodies (As Further Defined on the Form LLMG01) | Lloyd’s asia (offshore policies) instrument 2002 (general business of all underwriting members) (the offshore policies instrument) dated 13 february 2002 | 1 property | 01/01/2010 | — | |
| outstanding | Rbc Dexia Investor Services Trust and Certain Other Persons or Bodies (As Further Defined on Form LLMG01) | Lloyd’s canadian trust deed dated 25 may 2001 (the trust deed) | 1 property | 01/01/2010 | — | |
| outstanding | Lloyd’S, and Certain Other Persons or Bodies (As Further Defined on Form LLMG01) | Amendment and restatement lloyd’s american instrument 1995 (general business of corporate members) (the 1995 american instrument (corporate members)) dated 31 july 1995 and amended on 28 december 2001, 1 april 2001, 1 august 2001, 13 february 2002, 27 september 2007 and 24 march 2009 | 1 property | 01/01/2010 | — | |
| outstanding | Lloyd’S, the Regulating Trustee and Certain Other Persons or Bodies (As Further Defined on Form LLMG01) | Lloyd’s premium trust deed (general business) (the trust deed) | 1 property | 01/01/2010 | — | |
| outstanding | Lloyd's, the Trustees, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form MG01) | Deposit trust deed (third party deposit) (the "trust deed") | 1 property | 26/11/2009 | — | |
| outstanding | Lloyd's, the Trustees, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form MG01) | Deposit trust deed (third party deposit) (the "trust deed") | 1 property | 24/11/2009 | — | |
| outstanding | Lloyd's, the Trustees, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form LLMG01) | Deposit trust deed (third party deposit) (gen) (09) (the "trust deed") | 1 property | 24/11/2009 | — | |
| outstanding | Lloyd's, the Trustees, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form LLMG01) | Deposit trust deed (third party deposit) (gen) (09) (the "trust deed") | 1 property | 24/11/2009 | — | |
| outstanding | Lloyd's, the Trustees, the Beneficiaries and the Other Persons or Bodies (As Further Defined on Form LLMG01) | Deposit trust deed (third party deposit) (gen) (09) (the "trust deed") | 1 property | 24/11/2009 | — |