FIVE ON FIVE LIMITED
Opportunity 58/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.
Refinance opportunity
2 live charges · 2 lenders · oldest 21.1y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 21.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (72/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2022-06-30 |
|---|---|
| Total assets | £8 |
| Current assets | £8 |
| Debtors | £8 |
| Net assets | £8 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals 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
- • 1 address
- • 1 address
- • 1 address
Corporate timeline (32 events)Click to expand
- 2026-04-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-11-10📄dissolution-voluntary-strike-off-suspendeddissolution · SOAS(A)
- 2022-10-11📄gazette-notice-voluntarygazette · GAZ1(A)
- 2022-09-30📄dissolution-application-strike-off-companydissolution · DS01
- 2022-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-27📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-07-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-04📄change-person-director-companyofficers · CH01
- 2019-09-04📄change-person-director-company-with-change-dateofficers · CH01
- 2018-09-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-01-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-01-20🔒Charge registered #2Lender: Unity Trust Bank PLC
- 2017-01-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-01-19🔓Charge satisfied #1
- 2016-09-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-01-27📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-12-22➖SAYERS, Alan resigneddirector
- 2009-12-22➕WHELAN, Alexander appointeddirector
- 2009-12-22➖WHELAN, Alexander resigneddirector
- 2008-10-01➖WHELAN, Alexander resigneddirector
- 2005-03-28🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2005-02-14➕SAYERS, Alan appointeddirector
- 2005-01-27🏢Company incorporatedAs FIVE ON FIVE LIMITED
- 2005-01-27➕WHELAN, Morag appointedsecretary
- 2005-01-27➕WHELAN, Morag appointeddirector
- 2005-01-27➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2005-01-27➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2005-01-27➕WHELAN, Alexander appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2024-03-31
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2024-02-10
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alex Whelan Individual · British · DOB 09/1955 · age 71 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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.
See pricing →Similar companies
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10 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 (2 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Unity Trust Bank Unity Trust Bank PLC | A registered charge | — | 20/01/2017 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 28/03/2005 | 19/01/2017 |