METRO LODGE LIMITED
- · Oldest live charge 17.0y old — refinance window within 12 months
Opportunity 53/100 (worth a look), bankability 55/100. Strong seller-intent signal (78/100, director aged 65). Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (50/100). Current lenders should be on monthly review.
Refinance opportunity
2 live charges · oldest 17.0y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 17.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (59/100)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 (30 events)Click to expand
- 2022-09-24⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2022-09-24🏁Company dissolved
- 2022-06-24⚠️liquidation-in-administration-move-to-dissolution-scotland-2insolvency · AM23(Scot)
- 2022-05-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-08-06⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2021-05-12⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · AM19(Scot)
- 2021-02-08⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2020-09-07⚠️liquidation-in-administration-removal-of-administrator-from-office-scotlandinsolvency · AM16(Scot)
- 2020-08-12⚠️liquidation-in-administration-appointment-of-a-replacement-or-additional-administrator-scotlandinsolvency · AM11(Scot)
- 2020-08-07⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2020-05-27⚠️liquidation-in-administration-extension-of-period-scotlandinsolvency · AM19(Scot)
- 2020-02-05⚠️liquidation-in-administration-progress-report-scotlandinsolvency · AM10(Scot)
- 2019-10-24⚠️liquidation-miscellaneousinsolvency · LIQ MISC
- 2019-08-22⚠️liquidation-in-administration-notice-administrators-proposals-scotlandinsolvency · AM03(Scot)
- 2019-07-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-06-28⚠️liquidation-in-administration-appointment-of-administrator-scotlandinsolvency · AM01(Scot)
- 2018-07-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-06-19📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-08-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-06📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-06-06📄change-person-director-company-with-change-dateofficers · CH01
- 2016-06-06📄change-person-director-company-with-change-dateofficers · CH01
- 2016-06-06📄change-person-secretary-company-with-change-dateofficers · CH03
- 2015-07-09📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-05-07🔒Charge registered #2Lender: Royal Bank of Scotland PLC
- 2009-04-27🔒Charge registered #1Lender: Royal Bank of Scotland PLC
- 2007-05-29🏢Company incorporatedAs METRO LODGE LIMITED
- 2007-05-29➕GARRETT, Nicholas John appointedsecretary
- 2007-05-29➕GARRETT, Nicholas John appointeddirector
- 2007-05-29➕GARRETT, Sharon Angela appointeddirector
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.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 65 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 19 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 19 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
2 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2022-09-24
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2022-09-24: gazette-dissolved-liquidation; 2022-06-24: liquidation-in-administration-move-to-dissolution-scotland-2
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Sharon Angela Garrett Individual · British · DOB 09/1963 · age 63 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Nicholas John Garrett Individual · British · DOB 10/1961 · age 65 | 25–50% | — | 25-50% shares | 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.
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10 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 · 0 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 07/05/2009 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Floating charge | 1 property | 27/04/2009 | — |