FERENEZE DEVELOPMENTS LIMITED
- · Hygiene score: 85 → 45
- · Bankability: 80 → 60
- · Deal-killer verdict: workable → complicated
- · Opportunity score: 75 → 67
- · 4 recent signals weakening vs 0 strengthening
Picture worsened over the last 30 days — 4 negative signals vs 0 positive.
- ↓Deal-killer verdict: workable → complicated
- ↓Opportunity score: 75 → 67
- ↓Hygiene score: 85 → 45
- ↓Bankability: 80 → 60
- ·Distress / opportunity: avoid → speculative
No snapshot from 90 days ago — start tracking from today.
No snapshot from 180 days ago — start tracking from today.
Opportunity 67/100 (strong), bankability 60/100. 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).
Refinance opportunity
1 live charge · oldest 3.2y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~3.2 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-07-31 | 2023-07-24 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 gazette
- • 1 gazette
- • 1 gazette
- • 1 confirmation-statement
- • 1 officers
Corporate timeline (22 events)Click to expand
- 2026-07-07📄gazette-notice-compulsorygazette · GAZ1
- 2026-01-30➖MEECHAN, Martin James resigneddirector
- 2026-01-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-02-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-05-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-05-05🔒Charge registered #1Lender: The Mortgage Lender Limited
- 2023-04-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-03-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-05-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-01-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-01-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-01-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-01-06📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-06-30➖MEECHAN, Martin James resignedsecretary
- 2020-06-01➕MEECHAN, Martin James appointeddirector
- 2020-03-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-04-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-04-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-07-15🏢Company incorporatedAs FERENEZE DEVELOPMENTS LIMITED
- 2011-07-15➕MEECHAN, Ross Andrew appointeddirector
- 2011-07-15➕MEECHAN, Martin James appointedsecretary
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 15 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.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 15 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-04-30
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ross Andrew Meechan Individual · British · DOB 06/1980 · age 46 | 75–100% | — | 75-100% shares | 30/06/2020 |
1 historic (ceased) PSC
- Mr Martin James Meechanceased 30/06/2020· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 (1 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 05/05/2023 | — |