THUS GROUP HOLDINGS LIMITED

🌳Matureactive
SC192666 · ltd · incorporated 1999-01-19
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 24.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
69/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other telecommunications activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 85/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

8 live charges · 2 lenders · oldest 24.2y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 24.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 28/100 — 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.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
47 officers (5 active, 47 linked, 36 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
291 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
51
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
5
filings
  • 2 accounts
  • 2 other
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (129 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  2. 2025-12-18
    📄
    legacy
    accounts · PARENT_ACC
  3. 2025-12-18
    📄
    legacy
    other · GUARANTEE2
  4. 2025-12-18
    📄
    legacy
    other · AGREEMENT2
  5. 2025-06-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-06-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-06-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-06-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-06-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2025-06-13
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2025-06-13
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  12. 2025-06-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2025-05-31
    LERNER, Stephen appointed
    secretary
  14. 2025-05-31
    GLIDDON, Nicholas Francis appointed
    director
  15. 2025-05-31
    LERNER, Stephen Daniel appointed
    director
  16. 2025-05-31
    PURKIS, Darren Martin appointed
    director
  17. 2025-05-31
    YORSTON, Andrew Michael appointed
    director
  18. 2025-05-31
    VODAFONE CORPORATE SECRETARIES LIMITED resigned
    corporate-secretary
  19. 2025-05-31
    MASON, Peter Jonathan resigned
    director
  20. 2025-05-31
    MCCONNELL, Amy-Jane resigned
    director
  21. 2025-04-24
    📄
    second-filing-of-director-appointment-with-name
    officers · RP04AP01
  22. 2025-02-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2025-02-13
    LENTINK, Alexander Henricus resigned
    director
  24. 2025-01-31
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  25. 2025-01-31
    📄
    legacy
    capital · SH20
  26. 2025-01-31
    ⚠️
    legacy
    insolvency · CAP-SS
  27. 2025-01-31
    📄
    resolution
    resolution · RESOLUTIONS
  28. 2024-12-21
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  29. 2024-12-21
    📄
    legacy
    accounts · PARENT_ACC
  30. 2024-12-21
    📄
    legacy
    other · GUARANTEE2
  31. 2024-12-21
    📄
    legacy
    other · AGREEMENT2
  32. 2024-04-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  33. 2024-04-01
    MASON, Peter Jonathan appointed
    director
  34. 2024-04-01
    WRIGHT, Neil Andrew resigned
    director
  35. 2023-11-01
    VODAFONE CORPORATE SECRETARIES LIMITED appointed
    corporate-secretary
  36. 2023-11-01
    VODAFONE ENTERPRISE CORPORATE SECRETARIES LIMITED resigned
    corporate-secretary
  37. 2023-11-01
    MCCONNELL, Amy-Jane appointed
    director
  38. 2023-11-01
    VODAFONE ENTERPRISE CORPORATE SECRETARIES LIMITED resigned
    corporate-director
  39. 2023-06-30
    LENTINK, Alexander Henricus appointed
    director
  40. 2023-03-31
    WATSON, Helen Ruth resigned
    director
  41. 2018-10-26
    WRIGHT, Neil Andrew appointed
    director
  42. 2018-10-25
    SMITH, Neil Colin resigned
    director
  43. 2018-04-01
    COPESTICK, Helen Vikki Frances resigned
    director
  44. 2018-04-01
    WATSON, Helen Ruth appointed
    director
  45. 2018-01-01
    MAY, Andrew George Fraser resigned
    director
  46. 2017-05-31
    VODAFONE CORPORATE SECRETARIES LIMITED resigned
    corporate-secretary
  47. 2017-05-31
    VODAFONE ENTERPRISE CORPORATE SECRETARIES LIMITED appointed
    corporate-secretary
  48. 2017-05-31
    VODAFONE CORPORATE SECRETARIES LIMITED resigned
    corporate-director
  49. 2017-05-31
    VODAFONE ENTERPRISE CORPORATE SECRETARIES LIMITED appointed
    corporate-director
  50. 2016-04-05
    JEBB, Steven Paul resigned
    director
Showing most recent 50 of 129 events

Owner dependency

48/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.

Red flags

1 high · 2 med ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-01-31: legacy

3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: VODAFONE CORPORATE SECRETARIES LIMITED resigned 2025-05-31; MASON, Peter Jonathan resigned 2025-05-31; MCCONNELL, Amy-Jane resigned 2025-05-31

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Vodafone Enterprise U.K. is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Vodafone Enterprise U.K.
Corporate parent · holds 75-100% shares
ultimate parent
THUS GROUP HOLDINGS LIMITED
This company · SC192666

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%
NameSharesVoting rightsNature of controlNotified
Vodafone Enterprise U.K.
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting14/03/2019
1 historic (ceased) PSC
  • Thus Group Limitedceased 14/03/2019· 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 · Technology · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
SEEBYTE LIMITED
SC194014 · est 1999
£6.84M
£4.88M£8.79M
£10.82M880027y9261y
CANONGATE BOOKS LIMITED
SC152259 · est 1994
£6.02M
£4.30M£7.74M
6431y8565y
EXTRAORDINARY MANAGED SERVICES LIMITED
SC214448 · est 2001 · no financials extracted
25y8358y
INFOGISTICS LIMITED
SC208321 · est 2000
70025y8360y
INTELLIGENT MOBILE LIMITED
SC266060 · est 2004
22y8366y
MICROSYS SOLUTIONS LIMITED
SC185715 · est 1998
£140.2k28y8359y
NDI TECHNOLOGIES LTD.
SC173002 · est 1997 · no financials extracted
29y8393y
NETWORK ROI LTD
SC299422 · est 2006
£161.9k20y8371y
NILE HQ LTD
SC306908 · est 2006
4019y8363y
OCCUPANCY MARKETING LIMITED
SC360835 · est 2009
£2.10M16y8360y
OPTIMISE HOLDINGS LIMITED
SC291827 · est 2005
30020y8363y
OPTIMISE SOLUTIONS LIMITED
SC119824 · est 1989
10036y8363y
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
Incorporated1999-01-19
Jurisdictionscotland
Primary SIC61900 — Other telecommunications activities

Registered office

50 Lothian Road
Festival Square
Edinburgh
EH3 9WJ
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-10
Last: 2026-01-27

Officers (5 active · 42 resigned)

LERNER, Stephen
secretary · appointed 2025-05-31
View their other companies + combined net worth →
Active
GLIDDON, Nicholas Francis
director · ~59y · appointed 2025-05-31
View their other companies + combined net worth →
Active
LERNER, Stephen Daniel
director · ~60y · appointed 2025-05-31
View their other companies + combined net worth →
Active
PURKIS, Darren Martin
director · ~54y · appointed 2025-05-31
View their other companies + combined net worth →
Active
YORSTON, Andrew Michael
director · ~47y · appointed 2025-05-31
View their other companies + combined net worth →
Active
BLAIN, Andrew John
secretary · appointed 1999-01-19 · resigned 1999-01-27
Resigned
HANSCOMB, Heledd Mair
secretary · appointed 2009-01-31 · resigned 2010-07-08
Resigned
MACLEOD, David
secretary · appointed 1999-09-30 · resigned 2009-01-31
Resigned
MITCHELL, Andrew Ross
secretary · appointed 1999-02-01 · resigned 1999-09-30
Resigned
MOORE, Paul Anthony
secretary · appointed 2010-07-08 · resigned 2012-08-24
Resigned
VODAFONE CORPORATE SECRETARIES LIMITED
corporate-secretary · appointed 2023-11-01 · resigned 2025-05-31
Resigned
VODAFONE CORPORATE SECRETARIES LIMITED
corporate-secretary · appointed 2012-08-24 · resigned 2017-05-31
Resigned
VODAFONE ENTERPRISE CORPORATE SECRETARIES LIMITED
corporate-secretary · appointed 2017-05-31 · resigned 2023-11-01
Resigned
ALLAN, William
director · ~73y · appointed 1999-09-30 · resigned 2008-10-02
Resigned
BERRY, Charles Andrew
director · ~74y · appointed 1999-10-15 · resigned 2002-07-10
Resigned
BLAIN, Andrew John
director · ~60y · appointed 1999-01-19 · resigned 1999-01-27
Resigned
BROWN, Roy Drysdale
director · ~80y · appointed 2001-01-04 · resigned 2004-09-01
Resigned
CALDWELL, John Macrae
director · ~54y · appointed 1999-01-19 · resigned 1999-01-27
Resigned
CHIPPENDALE, Ian Hugh
director · ~77y · appointed 1999-10-15 · resigned 2008-10-02
Resigned
CONNELL, Josephine Lilian
director · ~78y · appointed 2001-01-01 · resigned 2007-12-31
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

8
Total charges
0
Outstanding
0
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Composite debenture1 property06/03/200918/01/2010
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Bond & floating charge1 property03/03/200918/01/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property12/07/200726/11/2008
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property11/07/200726/11/2008
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property08/11/200506/02/2008
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property08/11/200506/02/2008
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge2 properties21/03/200207/12/2005
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property20/03/200207/12/2005

Recent filings (291 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-27
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-12-18
legacy
accounts · PARENT_ACC
2025-12-18
legacy
other · GUARANTEE2
2025-12-18
legacy
other · AGREEMENT2
2025-12-18
termination-director-company-with-name-termination-date
officers · TM01
2025-06-16
termination-director-company-with-name-termination-date
officers · TM01
2025-06-16
appoint-person-director-company-with-name-date
officers · AP01
2025-06-13
appoint-person-director-company-with-name-date
officers · AP01
2025-06-13
appoint-person-director-company-with-name-date
officers · AP01
2025-06-13
termination-secretary-company-with-name-termination-date
officers · TM02
2025-06-13
appoint-person-secretary-company-with-name-date
officers · AP03
2025-06-13
appoint-person-director-company-with-name-date
officers · AP01
2025-06-13
second-filing-of-director-appointment-with-name
officers · RP04AP01
2025-04-24
termination-director-company-with-name-termination-date
officers · TM01
2025-02-24