TITCHWOOD FINANCE LIMITED
💤Zombieactive
SC109907 · ltd · incorporated 1988-03-17
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£129.1k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
Sector: Financial & insurance
ALSO REGISTERED FOR
- 68201Renting and operating of Housing Association real estate
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (65/100).
🏦
Refinance opportunity
2 live charges · oldest 23.1y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 23.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
86 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £129,098
Net assets shrinking
Down £1,060 YoY
Cash YoY
+82%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£486k
↑ 82% YoY
Net Worth
£129k
~ YoY
Current Assets
£486k
↑ 1.6% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £129.1k | £130.2k |
| Current assets | £485.5k | £478.1k |
| Cash | £485.5k | £266.1k |
| Debtors | — | £212.0k |
| Net assets | £129.1k | £130.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2025-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-07-23🔓Charge satisfied #1
- 2019-12-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-11-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-12-15📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-16📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-11-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-05-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-09-09📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-07-07➖CLARK, Jacine Elizabeth resignedsecretary
- 2003-04-16🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 2003-03-27➕CLARK, Jacine Elizabeth appointedsecretary
- 2003-03-27➖CUMMINGS, Laura Hazel resignedsecretary
- 2003-03-27➖CUMMINGS, Susan Adele resigneddirector
- 2003-03-27🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1988-03-17🏢Company incorporatedAs TITCHWOOD FINANCE LIMITED
- 1988-03-17➕CUMMINGS, Laura Hazel appointeddirector
- 1988-03-17➕CUMMINGS, Laura Hazel appointedsecretary
- 1988-03-17➕CUMMINGS, Susan Adele appointeddirector
Owner dependency
85/100
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.
- +Long-tenure founder: Senior director has been in place 38 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 38 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 38 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Laura Cummings Individual · British · DOB 10/1970 · age 56 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
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 · Financial services · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| TDS (E&W) LIMITED→ SC530749 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| THE ER NETWORK LIMITED→ SC292243 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| THE LONDON MORTGAGE COMPANY LIMITED→ SC474874 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| THE MORTGAGE ADVICE SERVICE (SCOTLAND) LTD→ SC600894 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| THE PSYCHOLOGY EXPERT WITNESS GROUP LTD→ SC865511 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| THOMSON MCCALLUM LIMITED→ SC382004 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| THORNE INVESTMENTS LTD→ SC527615 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| TMW (COMMERCIAL) LIMITED→ SC781785 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| TOMINEY PROFESSIONAL LIMITED→ SC379379 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| TOPMARK ADJUSTERS LIMITED→ SC227097 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| TOSCAFUND GP (7) LIMITED→ SC482854 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| TR PROPERTIES (EAST) LIMITED→ SC695184 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
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
Typeltd
Incorporated1988-03-17
Jurisdictionscotland
Primary SIC64921 — Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors
Registered office
C/O Dm Mcnaught & Co Ltd
166 Buchanan Street
Glasgow
G1 2LW
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-16
Last: 2025-05-02
Officers (1 active · 3 resigned)
CUMMINGS, Laura Hazel→
Activedirector · ~56y · appointed 1988-03-17
View their other companies + combined net worth →
CLARK, Jacine Elizabeth→
Resignedsecretary · appointed 2003-03-27 · resigned 2014-07-07
CUMMINGS, Laura Hazel→
Resignedsecretary · appointed 1988-03-17 · resigned 2003-03-27
CUMMINGS, Susan Adele→
Resigneddirector · ~58y · appointed 1988-03-17 · resigned 2003-03-27
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 16/04/2003 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 27/03/2003 | 23/07/2020 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (86 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-13
mortgage-satisfy-charge-full
mortgage · MR04
2020-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-03