ROTHMANN & CIE. TEP UK 2 LIMITED
Opportunity 58/100 (worth a look), bankability 52/100. Strong seller-intent signal (78/100, director aged 75). Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
86 live charges · 6 lenders · oldest 19.6y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 19.6 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (57/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (211 events)Click to expand
- 2020-10-13📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2020-10-13🏁Company dissolved
- 2020-06-23📄gazette-notice-voluntarygazette · GAZ1(A)
- 2020-06-11📄dissolution-application-strike-off-companydissolution · DS01
- 2020-04-14📄accounts-with-accounts-type-smallaccounts · AA
- 2019-04-16📄accounts-with-accounts-type-smallaccounts · AA
- 2018-04-24📄accounts-with-accounts-type-fullaccounts · AA
- 2017-04-24📄accounts-with-accounts-type-fullaccounts · AA
- 2016-05-08📄accounts-with-accounts-type-fullaccounts · AA
- 2016-03-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2016-03-03🔒Charge registered #88Lender: Unicredit Luxembourg Societe Anonyme
- 2016-01-25📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-01-25📄change-corporate-director-company-with-change-dateofficers · CH02
- 2015-06-29📄accounts-with-accounts-type-fullaccounts · AA
- 2015-03-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2015-03-16🔒Charge registered #87Lender: Unicredit Luxembourg Societe Anonyme
- 2015-02-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2015-01-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-12-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2014-12-05🔒Charge registered #86Lender: Unicredit Luxembourg Societe Anonyme
- 2014-09-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2014-09-18🔒Charge registered #85Lender: Unicredit Luxembourg Societe Anonyme
- 2014-08-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2014-08-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2014-08-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2014-08-21🔒Charge registered #84Lender: Unicredit Luxembourg Societe Anonyme
- 2014-08-21🔒Charge registered #83Lender: Unicredit Luxembourg Societe Anonyme
- 2014-08-19🔒Charge registered #82Lender: Unicredit Luxembourg Societe Anonyme
- 2014-06-19📄accounts-with-accounts-type-fullaccounts · AA
- 2014-05-09🔒Charge registered #81Lender: Unicredit Luxembourg Societe Anonyme
- 2014-03-11➕BROWN, David appointedsecretary
- 2014-02-07🔒Charge registered #80Lender: Unicredit Luxembourg Societe Anonyme
- 2014-01-08🔒Charge registered #79Lender: Unicredit Luxembourg Societe Anonyme
- 2013-12-09🔒Charge registered #78Lender: Unicredit Luxembourg Societe Anonyme
- 2013-12-09🔒Charge registered #77Lender: Unicredit Luxembourg Societe Anonyme
- 2013-11-27➕GFS CORPORATE DIRECTOR LIMITED appointedcorporate-director
- 2013-11-27➖COONEY, Richard James resigneddirector
- 2013-11-27➖NORRIS, Anthony Carmelo resigneddirector
- 2013-11-26➖COONEY, Richard James resignedsecretary
- 2013-10-03🔒Charge registered #76Lender: Unicredit Bank Ag
- 2013-09-19🔒Charge registered #75Lender: Unicredit Bank Ag, Unicredit Luxembourg Societe Anonyme
- 2013-09-18🔒Charge registered #74Lender: Unicredit Bank Ag, Unicredit Luxembourg Societe Anonyme
- 2013-09-17🔒Charge registered #73Lender: Unicredit Bank Ag, Unicredit Luxembourg Societe Anonyme
- 2012-07-03🔓Charge satisfied #71
- 2012-07-03🔓Charge satisfied #70
- 2012-07-03🔓Charge satisfied #69
- 2012-07-03🔓Charge satisfied #68
- 2012-07-03🔓Charge satisfied #67
- 2012-07-03🔓Charge satisfied #66
- 2012-07-03🔓Charge satisfied #65
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 "LIMITED" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 75 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high · 1 med · 1 lowCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2020-10-13
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Brown Individual · English · DOB 03/1951 · age 75 | — | — | board controlboard control · trust interest · firm interest | 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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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 (0 active · 15 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Unicredit Luxembourg Societe Anonyme / Unicredit Bank Ag | A registered charge | 1 property | 03/03/2016 | — | |
| outstanding | Unicredit Luxembourg Societe Anonyme / Unicredit Bank Ag | A registered charge | 1 property | 16/03/2015 | — | |
| outstanding | Unicredit Luxembourg Societe Anonyme / Unicredit Bank Ag | A registered charge | 1 property | 05/12/2014 | — | |
| outstanding | Unicredit Luxembourg Societe Anonyme / Unicredit Bank Ag | A registered charge | 1 property | 18/09/2014 | — | |
| outstanding | Unicredit Luxembourg Societe Anonyme / Unicredit Bank Ag | A registered charge | 1 property | 21/08/2014 | — | |
| outstanding | Unicredit Luxembourg Societe Anonyme / Unicredit Bank Ag | A registered charge | 1 property | 21/08/2014 | — | |
| outstanding | Unicredit Luxembourg Societe Anonyme / Unicredit Bank Ag | A registered charge | 1 property | 19/08/2014 | — | |
| outstanding | Unicredit Luxembourg Societe Anonyme / Unicredit Bank Ag | A registered charge | 1 property | 09/05/2014 | — | |
| outstanding | Unicredit Luxembourg Societe Anonyme / Unicredit Bank Ag | A registered charge | 1 property | 07/02/2014 | — | |
| outstanding | Unicredit Luxembourg Societe Anonyme / Unicredit Bank Ag | A registered charge | 1 property | 08/01/2014 | — | |
| outstanding | Unicredit Luxembourg Societe Anonyme / Unicredit Bank Ag | A registered charge | 1 property | 09/12/2013 | — | |
| outstanding | Unicredit Luxembourg Societe Anonyme / Unicredit Bank Ag | A registered charge | 1 property | 09/12/2013 | — | |
| outstanding | Unicredit Bank Ag / Unicredit Luxembourg Societe Anonyme | A registered charge | 1 property | 03/10/2013 | — | |
| outstanding | Unicredit Bank Ag, Unicredit Luxembourg Societe Anonyme | A registered charge | 1 property | 19/09/2013 | — | |
| outstanding | Unicredit Bank Ag, Unicredit Luxembourg Societe Anonyme | A registered charge | 1 property | 18/09/2013 | — | |
| outstanding | Unicredit Bank Ag, Unicredit Luxembourg Societe Anonyme | A registered charge | 1 property | 17/09/2013 | — | |
| outstanding | Unicredit Bank Ag Acting for Itself & as Trustee for Unicredit Luxembourg Societe Anonyme | Assignment by way of security of policies | 1 property | 29/06/2012 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 23/04/2012 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policy | 1 property | 23/04/2012 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 08/03/2012 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 03/02/2012 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 16/11/2011 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 03/10/2011 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 30/08/2011 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 15/10/2010 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 15/10/2010 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 15/10/2010 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 2 properties | 24/08/2010 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 24/08/2010 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 24/08/2010 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 24/08/2010 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 30/07/2010 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 28/07/2009 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 25/06/2009 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 23/03/2009 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignments of life policies | 1 property | 20/05/2008 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 21/04/2008 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 12/03/2008 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 23/01/2008 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 22/01/2008 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 4 properties | 16/01/2008 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 3 properties | 17/12/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 17/12/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 11/12/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 28/11/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 3 properties | 13/11/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 3 properties | 12/11/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 12/11/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 22/10/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 17/10/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 16/10/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 16/10/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 3 properties | 10/10/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of policies | 1 property | 09/10/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 01/10/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 29/08/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life polices | 1 property | 28/08/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 08/08/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 08/08/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 31/07/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 24/07/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 11/07/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 10/07/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 11/06/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 23/05/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 30/04/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International LTD | Assignment of life policies | 1 property | 24/04/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 10/04/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International LTD | Assignment of life policies | 1 property | 27/03/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International LTD | Assignment of life policies | 1 property | 05/03/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International LTD | Assignment of life policies | 1 property | 05/03/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 19/02/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International LTD | Assignment of life policies | 1 property | 06/02/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International LTD | Assignment of life policies | 1 property | 06/02/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 22/01/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 19/01/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International LTD | Assignment of life policies | 1 property | 19/01/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International LTD | Assignment of life policies | 1 property | 19/01/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International LTD | Assignment of life policies | 2 properties | 19/01/2007 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International LTD | Assignment of life policies | 1 property | 05/12/2006 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International LTD | Assignment of life policies | 1 property | 05/12/2006 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International LTD | Assignment of life policies | 1 property | 05/12/2006 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International LTD | Assignment of life policies | 1 property | 05/12/2006 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International LTD | Assignment of life policies | 1 property | 13/11/2006 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 13/10/2006 | 03/07/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland International Limited | Assignment of life policies | 1 property | 18/09/2006 | 03/07/2012 |