A.BUTLER & SONS LIMITED

💤Zombieactive
00147485 · ltd · incorporated 1917-05-17
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
79/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 25720
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 60-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 72/100. Strong seller-intent signal (72/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 35.6y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 35.6 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
113 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
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
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees10001000

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

🔒Filing-note intelligence

2 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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2024-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-11-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  6. 2022-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-06-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-09-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-08-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2019-08-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-12-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2018-09-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-09-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-08-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-11-30
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-03-18
    HORSLEY, Robin Andrew resigned
    director
  17. 2007-12-10
    🔓
    Charge satisfied #3
  18. 2006-01-26
    🔓
    Charge satisfied #4
  19. 2006-01-26
    🔓
    Charge satisfied #2
  20. 2005-09-23
    CALDWELL, Lynda appointed
    secretary
  21. 2005-09-23
    HORSLEY, Pamela Mary resigned
    secretary
  22. 2000-11-20
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  23. 1998-07-04
    CALDWELL, James Rankin appointed
    director
  24. 1998-07-04
    HORSLEY, Philip Geoffrey resigned
    director
  25. 1998-01-16
    🔒
    Charge registered #3
    Lender: Nationwide Building Society
  26. 1998-01-16
    🔓
    Charge satisfied #1
  27. 1995-02-10
    HORSLEY, Lilian Georgina resigned
    director
  28. 1994-01-25
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  29. 1990-11-25
    🔒
    Charge registered #1
    Lender: Midland Bank PLC
  30. 1917-05-17
    🏢
    Company incorporated
    As A.BUTLER & SONS LIMITED

Owner dependency

93/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 109 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 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

A. Butler & Sons (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
A. Butler & Sons (Holdings) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
A.BUTLER & SONS LIMITED
This company · 00147485

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
A. Butler & Sons (Holdings) Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr James Rankin Caldwellceased 01/05/2016· board control

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

Active · Manufacturing · WC postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ADGHAL OILFIELD SUPPLIES LTD
16800714 · est 2025 · no financials extracted
ADM-INDICIA MARKETING SERVICES HOLDING COMPANY LIMITED
13645415 · est 2021 · no financials extracted
4y
ADORE FLOORS LIMITED
13212215 · est 2021 · no financials extracted
5y
AEREON UK LTD
14883997 · est 2023 · no financials extracted
2y
AEROTECH AIRFIELD LIGHTING LTD
14156577 · est 2022 · no financials extracted
3y
AETHEL MINING EUROPE LIMITED
11875859 · est 2019 · no financials extracted
7y
AFDRILL LTD
12391947 · est 2020 · no financials extracted
6y
AFOSCRAFT LTD
14987277 · est 2023 · no financials extracted
2y
AG CREATIVE DESIGNER LTD
12566409 · est 2020 · no financials extracted
5y
AGENT GLOW LTD
15171644 · est 2023 · no financials extracted
2y
AGLEN TECH & RESEARCH LTD
15228271 · est 2023 · no financials extracted
2y
AGPLUS DIAGNOSTICS LTD
06994240 · est 2009 · no financials extracted
16y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated1917-05-17
Jurisdictionengland-wales
Primary SIC25720 — SIC 25720

Registered office

45 Theobalds Road
London
WC1X 8SP
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-14
Last: 2025-11-30

Officers (2 active · 4 resigned)

CALDWELL, Lynda
secretary · appointed 2005-09-23
View their other companies + combined net worth →
Active
CALDWELL, James Rankin
director · ~60y · appointed 1998-07-04
View their other companies + combined net worth →
Active
HORSLEY, Pamela Mary
secretary · resigned 2005-09-23
Resigned
HORSLEY, Lilian Georgina
director · ~116y · resigned 1995-02-10
Resigned
HORSLEY, Philip Geoffrey
director · ~83y · resigned 1998-07-04
Resigned
HORSLEY, Robin Andrew
director · ~81y · resigned 2014-03-18
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property20/11/200026/01/2006
satisfied
Nationwide
Nationwide Building Society
Legal charge1 property16/01/199810/12/2007
satisfied
Barclays
Barclays Bank PLC
Debenture1 property25/01/199426/01/2006
satisfied
Midland Bank
Midland Bank PLC
Fixed and floating charge1 property25/11/199016/01/1998

Recent filings (113 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-11-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-08-03