THE POSITIVE STEPS PARTNERSHIP
Opportunity 74/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 75). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
59 live charges · 5 lenders · oldest 23.2y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 23.2 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: low (49/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 accounts
Corporate timeline (150 events)Click to expand
- 2025-12-15📄accounts-with-accounts-type-groupaccounts · AA
- 2025-08-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-08-25🔒Charge registered #59Lender: Social and Sustainable Housing Ii Holdco Limited
- 2025-07-31📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-07-30➕KELLET-SMITH, Michelle appointeddirector
- 2025-07-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-15🔒Charge registered #58Lender: Social and Sustainable Housing Ii Holdco Limited
- 2025-07-15🔒Charge registered #57Lender: Social and Sustainable Housing Ii Holdco Limited
- 2025-07-15🔒Charge registered #56Lender: Social and Sustainable Housing Ii Holdco Limited
- 2025-07-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-11🔒Charge registered #55Lender: Social and Sustainable Housing Ii Holdco Limited
- 2025-07-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-08🔓Charge satisfied #39
- 2025-07-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-07-07🔓Charge satisfied #44
- 2025-07-07🔓Charge satisfied #43
- 2025-07-07🔓Charge satisfied #42
- 2025-07-07🔓Charge satisfied #41
- 2025-07-07🔓Charge satisfied #40
- 2025-07-07🔓Charge satisfied #38
- 2025-07-07🔓Charge satisfied #37
- 2025-07-07🔓Charge satisfied #36
- 2025-07-07🔓Charge satisfied #35
- 2025-07-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-30🔒Charge registered #54Lender: Social and Sustainable Housing Ii Holdco Limited
- 2025-06-30🔒Charge registered #53Lender: Social and Sustainable Housing Ii Holdco Limited
- 2025-06-30🔒Charge registered #52Lender: Social and Sustainable Housing Ii Holdco Limited
- 2025-06-30🔒Charge registered #51Lender: Social and Sustainable Housing Ii Holdco Limited
- 2025-06-30🔒Charge registered #50Lender: Social and Sustainable Housing Ii Holdco Limited
- 2025-06-30🔒Charge registered #49Lender: Social and Sustainable Housing Ii Holdco Limited
- 2025-06-30🔒Charge registered #48Lender: Social and Sustainable Housing Ii Holdco Limited
- 2025-06-30🔒Charge registered #47Lender: Social and Sustainable Housing Ii Holdco Limited
- 2025-06-30🔒Charge registered #46Lender: Social and Sustainable Housing Ii Holdco Limited
- 2025-06-30🔒Charge registered #45Lender: Social and Sustainable Housing Ii Holdco Limited
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 75 — 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 75 years old. Natural succession window is now.
- 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
2 med · 1 lowHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2025-08-25: A registered charge; 2025-07-15: A registered charge; 2025-07-15: A registered charge
Multiple 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.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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 · 24 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 25/08/2025 | — | |
| outstanding | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 3 properties | 15/07/2025 | — | |
| outstanding | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 15/07/2025 | — | |
| outstanding | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 3 properties | 15/07/2025 | — | |
| outstanding | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 11/07/2025 | — | |
| outstanding | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 30/06/2025 | — | |
| outstanding | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 30/06/2025 | — | |
| outstanding | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 30/06/2025 | — | |
| outstanding | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 30/06/2025 | — | |
| outstanding | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 30/06/2025 | — | |
| outstanding | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 30/06/2025 | — | |
| outstanding | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 30/06/2025 | — | |
| outstanding | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 30/06/2025 | — | |
| outstanding | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 30/06/2025 | — | |
| outstanding | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 30/06/2025 | — | |
| satisfied | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 11/03/2025 | 07/07/2025 | |
| satisfied | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 15/01/2025 | 07/07/2025 | |
| satisfied | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 23/12/2024 | 07/07/2025 | |
| satisfied | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 09/12/2024 | 07/07/2025 | |
| satisfied | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 09/12/2024 | 07/07/2025 | |
| satisfied | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 27/11/2024 | 08/07/2025 | |
| satisfied | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 18/11/2024 | 07/07/2025 | |
| satisfied | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 18/11/2024 | 07/07/2025 | |
| satisfied | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 08/11/2024 | 07/07/2025 | |
| satisfied | Social and Sustainable Housing Ii Holdco Social and Sustainable Housing Ii Holdco Limited | A registered charge | 1 property | 01/10/2024 | 07/07/2025 | |
| outstanding | Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital ) Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital LLP) | A registered charge | 2 properties | 28/11/2022 | — | |
| outstanding | Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital ) Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital LLP) | A registered charge | 2 properties | 25/11/2022 | — | |
| outstanding | Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital ) Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital LLP) | A registered charge | 3 properties | 04/11/2022 | — | |
| outstanding | Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital ) Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital LLP) | A registered charge | 1 property | 27/10/2022 | — | |
| outstanding | Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital ) Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital LLP) | A registered charge | 1 property | 07/10/2022 | — | |
| outstanding | Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital ) Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital LLP) | A registered charge | 1 property | 28/09/2022 | — | |
| outstanding | Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital ) Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital LLP) | A registered charge | 1 property | 12/09/2022 | — | |
| outstanding | Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital ) Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital LLP) | A registered charge | 1 property | 31/08/2022 | — | |
| outstanding | Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital ) Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital LLP) | A registered charge | 1 property | 16/08/2022 | — | |
| outstanding | Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital ) Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital LLP) | A registered charge | 3 properties | 02/08/2022 | — | |
| outstanding | Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital ) Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital LLP) | A registered charge | 1 property | 02/06/2022 | — | |
| outstanding | Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital ) Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital LLP) | A registered charge | 1 property | 31/05/2022 | — | |
| outstanding | Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital ) Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital LLP) | A registered charge | 1 property | 19/04/2022 | — | |
| outstanding | Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital ) Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital LLP) | A registered charge | 1 property | 19/04/2022 | — | |
| outstanding | Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital ) Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital LLP) | A registered charge | 1 property | 04/04/2022 | — | |
| outstanding | Social and Sustainable Housing LP | A registered charge | 1 property | 04/02/2022 | — | |
| outstanding | Social and Sustainable Housing LP | A registered charge | 1 property | 14/01/2022 | — | |
| outstanding | Social and Sustainable Housing LP | A registered charge | 1 property | 09/12/2021 | — | |
| outstanding | Social and Sustainable Housing LP | A registered charge | 1 property | 01/12/2021 | — | |
| outstanding | Social and Sustainable Housing LP | A registered charge | 1 property | 02/11/2021 | — | |
| outstanding | Social and Sustainable Housing LP | A registered charge | 1 property | 15/10/2021 | — | |
| outstanding | Social and Sustainable Housing LP | A registered charge | 1 property | 15/07/2021 | — | |
| satisfied | Social and Sustainable Housing LP | A registered charge | 1 property | 05/07/2021 | 10/08/2021 | |
| outstanding | Social and Sustainable Housing LP | A registered charge | 1 property | 05/07/2021 | — | |
| outstanding | Social and Sustainable Housing LP | A registered charge | 3 properties | 09/06/2021 | — | |
| outstanding | Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital ) Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital LLP) | A registered charge | 1 property | 17/05/2021 | — | |
| outstanding | Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital ) Social and Sustainable Housing LP (Acting Through Its Manager Social and Sustainable Capital LLP) | A registered charge | 1 property | 17/05/2021 | — | |
| outstanding | Social and Sustainable Housing LP | A registered charge | 1 property | 31/03/2021 | — | |
| outstanding | Social and Sustainable Housing LP | A registered charge | 1 property | 25/03/2021 | — | |
| outstanding | Social and Sustainable Housing LP | A registered charge | 1 property | 08/03/2021 | — | |
| outstanding | Social and Sustainable Housing LP | A registered charge | 1 property | 08/03/2021 | — | |
| outstanding | Social and Sustainable Housing LP | A registered charge | 1 property | 11/02/2021 | — | |
| outstanding | Social and Sustainable Housing LP (Acting Through Its General Partner, Social and Sustainable Capital ) Social and Sustainable Housing LP (Acting Through Its General Partner, Social and Sustainable Capital LLP) | A registered charge | — | 26/11/2020 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 21/02/2003 | 30/01/2014 |