PERLE HOTELS LIMITED
Opportunity 78/100 (strong), bankability 57/100. 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 (73/100).
Refinance opportunity
6 live charges · 3 lenders · oldest 9.2y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 9.2 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: medium (72/100)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.
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 | 2024-12-31 |
|---|---|
| Total assets | £18.18M |
| Current assets | £3.54M |
| Cash | £436.0k |
| Debtors | £2.98M |
| Net assets | £6.36M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
4 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
Corporate timeline (49 events)Click to expand
- 2025-09-22📄accounts-with-accounts-type-groupaccounts · AA
- 2024-11-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-14➕REHMAN, Beth Ann appointeddirector
- 2024-09-26📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-23📄accounts-with-accounts-type-groupaccounts · AA
- 2024-01-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-08➖FINLAY, Angela Joanne resigneddirector
- 2023-09-25📄capital-alter-shares-redemption-statement-of-capitalcapital · SH02
- 2023-09-21📄accounts-with-accounts-type-groupaccounts · AA
- 2023-09-19📄memorandum-articlesincorporation · MA
- 2023-09-19📄resolutionresolution · RESOLUTIONS
- 2023-08-25📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2023-08-12📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2023-08-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-07🔒Charge registered #6Lender: Middlebridge Partners Pte Limited
- 2022-11-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-03🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2022-09-22📄accounts-with-accounts-type-groupaccounts · AA
- 2021-11-25➖RAMSAY, William Clark resignedsecretary
- 2021-11-25📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-11-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2021-11-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-11-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-09-28📄accounts-with-accounts-type-groupaccounts · AA
- 2021-01-02📄memorandum-articlesincorporation · MA
- 2020-12-28➕RAMSAY, William Clark appointedsecretary
- 2020-09-30➖JAY, Christopher resignedsecretary
- 2019-11-20➖HOYLAND, Lorraine resignedsecretary
- 2019-11-20➕JAY, Christopher appointedsecretary
- 2019-09-06🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2018-12-07🔓Charge satisfied #2
- 2018-12-07🔓Charge satisfied #1
- 2018-11-21🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2018-09-10➕HOYLAND, Lorraine appointedsecretary
- 2018-09-10➖JAY, Christopher Simon resignedsecretary
- 2017-02-13🔒Charge registered #2Lender: Santander UK PLC as Security Trustee
- 2017-02-13🔒Charge registered #1Lender: Santander UK PLC as Security Trustee
- 2016-11-08➖JAQUES, Joanna Dawn resignedsecretary
- 2016-11-08➕JAY, Christopher Simon appointedsecretary
- 2015-08-01➕JAQUES, Joanna Dawn appointedsecretary
- 2015-04-23➖IMMERZEEL, Pamela resigneddirector
- 2015-04-09➕FINLAY, Angela Joanne appointeddirector
- 2014-08-15➕REHMAN, Fasih appointeddirector
- 2014-06-04➕IMMERZEEL, Pamela appointeddirector
- 2014-06-04➖REHMAN, Fasih resigneddirector
- 2014-04-11➖LEE, Daniel Thomas resigneddirector
- 2014-04-11➕REHMAN, Fasih appointeddirector
- 2014-04-08🏢Company incorporatedAs PERLE HOTELS LIMITED
- 2014-04-08➕LEE, Daniel Thomas appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +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.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Middlebridge Partners Pte Limited holds majority control (50-75%). Likely parent but not wholly-owned.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Fasih Rehman Individual · British · DOB 01/1976 · age 50 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
Middlebridge Partners Pte Limited Corporate entity | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 23/12/2020 |
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.
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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 · 9 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Middlebridge Partners Pte Middlebridge Partners Pte Limited | A registered charge | — | 07/08/2023 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 03/11/2022 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 06/09/2019 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 21/11/2018 | — | |
| satisfied | Santander Santander UK PLC as Security Trustee | A registered charge | — | 13/02/2017 | 07/12/2018 | |
| satisfied | Santander Santander UK PLC as Security Trustee | A registered charge | — | 13/02/2017 | 07/12/2018 |