118 GROUP HOLDINGS LTD

🏛️Establishedactive

10298457 · ltd · incorporated 2016-07-27

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

—

book net assets

Opportunity

74/100

Strong

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What this business does

Primary activity: Activities of other holding companies n.e.c.

Sector: Financial & insurance

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 74/100 (strong), bankability 57/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

7 live charges · 7 lenders · oldest 9.1y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 9.1 years old — likely at or near maturity.
· 7 lenders named — inter-creditor friction likely.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

7 charges (7/7 with lender, 7/7 with type)

Directors & officers

11 officers (5 active, 11 linked, 9 with DOB)

Ownership & PSC

2 active PSC(s) of 6 total, 6 with control declared

Director network

23 connected companies via shared directors

Filing history

73 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

74/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · IFRS

Metric	2024-12-31	2023-12-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 officers

Counts from Companies House filing history.

Corporate timeline (45 events)Click to expand

2025-12-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-11-30
➖
WEATHERSTONE, Andrew Paul resigned
director
2025-07-30
📄
accounts-with-accounts-type-group
accounts · AA
2024-06-24
📄
accounts-with-accounts-type-group
accounts · AA
2024-03-19
📄
resolution
resolution · RESOLUTIONS
2024-03-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-03-05
➕
PRESTON, Kelly appointed
director
2024-02-29
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-28
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-28
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-09-11
📄
accounts-with-accounts-type-group
accounts · AA
2023-03-13
📄
memorandum-articles
incorporation · MA
2023-01-16
📄
resolution
resolution · RESOLUTIONS
2022-10-06
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-10-04
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-09-30
📄
accounts-with-accounts-type-group
accounts · AA
2022-03-24
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-12-01
📄
resolution
resolution · RESOLUTIONS
2021-11-29
📄
capital-cancellation-shares
capital · SH06
2021-11-29
📄
capital-return-purchase-own-shares
capital · SH03
2021-11-09
📄
capital-allotment-shares
capital · SH01
2021-09-29
📄
accounts-with-accounts-type-group
accounts · AA
2021-03-25
➕
WEATHERSTONE, Andrew Paul appointed
director
2020-10-27
➕
SMITH, Steve appointed
director
2019-04-12
➖
PIPER, Richard Gary resigned
director
2019-03-22
➖
BRADSHAW, Patrick Julian resigned
director
2017-05-25
➕
PIPER, Richard Gary appointed
director
2017-04-28
➕
CAMPBELL, Donald John appointed
director
2017-04-28
➕
FIORAMONTI, Marie Louise appointed
director
2017-03-24
🔒
Charge registered #7
Lender: Pcp V Cayman Aiv, L.P. (As Mezzanine Security Agent)
2017-03-24
🔒
Charge registered #6
Lender: The Prudential Insurance Company of America (As Senior Security Agent)
2017-03-24
🔒
Charge registered #5
Lender: Jason Chainey
2017-03-24
🔒
Charge registered #4
Lender: Paul Spinks
2017-03-24
🔒
Charge registered #3
Lender: Patrick Bradshaw
2017-03-24
🔒
Charge registered #2
Lender: Pcp V Cayman Aiv, L.P.
2017-03-24
🔒
Charge registered #1
Lender: The Prudential Insurance Company of America
2017-03-15
➕
SPINKS, Paul James appointed
director
2017-03-15
➖
SQUIRE PATTON BOGGS SECRETARIES LIMITED resigned
corporate-secretary
2017-03-15
➕
BRADSHAW, Patrick Julian appointed
director
2017-03-15
➖
CROSSLEY, Peter Mortimer resigned
director
2017-03-15
➖
SQUIRE PATTON BOGGS DIRECTORS LIMITED resigned
corporate-director
2016-07-27
🏢
Company incorporated
As 118 GROUP HOLDINGS LTD
2016-07-27
➕
SQUIRE PATTON BOGGS SECRETARIES LIMITED appointed
corporate-secretary
2016-07-27
➕
CROSSLEY, Peter Mortimer appointed
director
2016-07-27
➕
SQUIRE PATTON BOGGS DIRECTORS LIMITED appointed
corporate-director

Owner dependency

55/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

60/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.

Red flags

1 low

7 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Pgim Private Capital Fund (Ireland) Icav holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️

Pgim Private Capital Fund (Ireland) Icav

Corporate parent · holds 25-50% shares

significant stake

⬇

118 GROUP HOLDINGS LTD

This company · 10298457

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Pgim Private Capital Fund (Ireland) Icav Corporate entity	25–50%	25–50%	25-50% shares · 25-50% voting	08/09/2023
Mr Paul James Spinks Individual · British · DOB 12/1963 · age 63	—	—	sig. influencesignificant influence	23/03/2017

4 historic (ceased) PSCs

Prudential Financial Incceased 29/09/2022· 50-75% shares · 50-75% voting
Pcp V Cayman Aiv, L.P.ceased 08/09/2023· 50-75% voting
Mr Patrick Julian Bradshawceased 12/05/2019· significant influence
Squire Patton Boggs Directors Limitedceased 23/03/2017· 75-100% shares · 75-100% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

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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09119075 LIMITED→ 12285075 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
1 - 3 BARBICAN ROAD RTM COMPANY LIMITED→ 11046395 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
1-19 SPREABURY CLOSE RTM COMPANY LIMITED→ 13406631 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
10 WAKE GREEN RTM COMPANY LIMITED→ 05126273 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
10-16 LORDS LANE (STUDLEY) LIMITED→ 04148129 · est 2001 · no financials extracted	—	—	—	—	25y	—	—
10-16 METCHLEY RISE RTM COMPANY LIMITED→ 15158465 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
103 HANDSWORTH WOOD ROAD LIMITED→ 12851363 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
108 WAKE GREEN ROAD LIMITED→ 13804519 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
11 WARWICK PLACE RTM COMPANY LIMITED→ 09916365 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
118 GROUP INVESTMENTS LTD.→ 10495899 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
11C PARK STREET LIMITED→ 13464047 · est 2021 · no financials extracted	—	—	—	—	4y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

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 →

🔒Advanced scoring suite

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

Statusactive

Typeltd

Incorporated2016-07-27

Jurisdictionengland-wales

Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

62 Anchorage Road Anchorage Road

Sutton Coldfield

B74 2PG

England

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-11-05

Last: 2025-10-22