D & A MORTON LTD
Opportunity 74/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
4 live charges · 3 lenders · oldest 12.9y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 12.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover 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 |
|---|---|---|
| Cash | £146.1k | — |
| Net assets | £648.2k | — |
| Average employees | — | 500 |
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 persons-with-significant-control
- • 1 confirmation-statement
- • 1 resolution
- • 2 confirmation-statement
- • 1 persons-with-significant-control
- • 1 resolution
- • 2 confirmation-statement
- • 1 persons-with-significant-control
- • 1 resolution
Corporate timeline (29 events)Click to expand
- 2026-04-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-21📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2026-04-09📄resolutionresolution · RESOLUTIONS
- 2026-04-09📄memorandum-articlesincorporation · MA
- 2025-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-03-31🔓Charge satisfied #2
- 2025-03-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-20🔒Charge registered #4Lender: Oxbury Bank PLC
- 2025-03-14🔒Charge registered #3Lender: Oxbury Bank PLC
- 2024-10-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-20🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2024-03-05📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2023-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-18📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2021-08-17📄capital-name-of-class-of-sharescapital · SH08
- 2020-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-10➖MORTON, David Wilson resigneddirector
- 2017-09-05🔓Charge satisfied #1
- 2015-11-04➕MORTON, Gillian Ella appointeddirector
- 2013-06-11🔒Charge registered #1Lender: Bank of Scotland PLC
- 2012-03-27🏢Company incorporatedAs D & A MORTON LTD
- 2012-03-27➕MORTON, Quintin David appointeddirector
- 2012-03-27➕MORTON, David Wilson appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "MORTON" — strong identity link between founder and business.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Gillian Ella Morton Individual · British · DOB 07/1978 · age 48 | 50–75% | — | 50-75% shares | 06/04/2016 |
Mr Quintin David Morton Individual · British · DOB 04/1972 · age 54 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 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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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 →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 · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Oxbury Bank Oxbury Bank PLC | A registered charge | 2 properties | 20/03/2025 | — | |
| outstanding | Oxbury Bank Oxbury Bank PLC | A registered charge | — | 14/03/2025 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 20/08/2024 | 31/03/2025 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 11/06/2013 | 05/09/2017 |