CHROME DEVELOPMENTS LTD
Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 7.6y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (73/100)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 | 2024-05-31 |
|---|---|
| Total assets | £360.8k |
| Current assets | £4.8k |
| Net assets | £369.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 accounts
- • 1 change-of-name
- • 1 persons-with-significant-control
- • 1 accounts
- • 1 change-of-name
- • 1 persons-with-significant-control
Corporate timeline (18 events)Click to expand
- 2026-02-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-02-06✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2026-02-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-23➖FARID, Nazar resigneddirector
- 2024-07-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-10-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-10-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-10-09🔒Charge registered #1Lender: Canoas Enterprises Limited
- 2018-05-25🏢Company incorporatedAs CHROME DEVELOPMENTS LTD
- 2018-05-25➕MASOOD, Moadood appointeddirector
- 2018-05-25➕FARID, Nazar appointeddirector
- 2018-05-25📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2026-02-06: certificate-change-of-name-company
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Moadood Masood Individual · British · DOB 04/1979 · age 47 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 25/05/2018 |
1 historic (ceased) PSC
- Mr Nazar Faridceased 23/12/2025· 25-50% shares · 25-50% voting
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.
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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.
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Registered office
Filing status
Officers (1 active · 1 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Canoas Enterprises / Platform Business Consultancy (Fze) Canoas Enterprises Limited / Platform Business Consultancy (Fze) | A registered charge | 1 property | 09/10/2018 | — |