FIGA ASSET LIMITED
Opportunity 73/100 (strong), bankability 80/100. 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
3 live charges · oldest 3.9y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~3.9 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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.
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 | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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 confirmation-statement
Corporate timeline (15 events)Click to expand
- 2025-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-06📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-09-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-03-05🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2023-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-18🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2022-06-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-20🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2022-03-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-12-29🏢Company incorporatedAs FIGA ASSET LIMITED
- 2020-12-29➕HUGHES, Fiona Kathryn appointeddirector
- 2020-12-29📄incorporation-companyincorporation · NEWINC
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.
- +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.
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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Fiona Kathryn Hughes Individual · British · DOB 02/1975 · age 51 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 29/12/2020 |
Mr Gareth Hughes Individual · British · DOB 03/1982 · age 44 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 29/12/2020 |
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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8 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 · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 05/03/2024 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 18/07/2022 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 20/06/2022 | — |