EASTPLACE PROPERTY CO LIMITED
🌳Matureactive
00722656 · ltd · incorporated 1962-04-30
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
£21.8k
year to Dec 2024
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueProperty-backed borrower with a 88-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (83/100, director aged 88). Biggest value-creation lever: Consolidate lender relationships. 12 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
16 live charges · 8 lenders · oldest 58.1y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 58.1 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
16 charges (16/16 with lender, 16/16 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 4 with DOB)
80
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
118 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredLoss-making
Loss before tax £235
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Turnover | £21.8k | — |
| Operating profit | £2.5k | — |
| Profit before tax | £-235 | — |
| Average employees | 300 | 200 |
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 (40 events)Click to expand
- 2025-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-04-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-04-04📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-02📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-06-03📄capital-allotment-sharescapital · SH01
- 2015-06-03📄resolutionresolution · RESOLUTIONS
- 2015-03-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-04-30➖BUDIBENT, Diana Mary resigneddirector
- 2013-04-10➕WEBBER, Lucinda appointedsecretary
- 2013-04-10➖BUDIBENT, Diana Mary resignedsecretary
- 1997-08-29➖SHEARER, Cathy Louise resigneddirector
- 1994-10-31➖BUDIBENT, Nicholas George resignedsecretary
- 1994-10-31➖SHEARER, Cathy Louise resignedsecretary
- 1994-07-08➕WEBBER, Lucinda Hallamore appointeddirector
- 1992-10-03🔓Charge satisfied #14
- 1989-09-02🔓Charge satisfied #15
- 1984-06-13🔒Charge registered #16Lender: Barclays Bank PLC
- 1984-04-12🔒Charge registered #15Lender: Barclays Bank PLC
- 1984-01-27🔒Charge registered #14Lender: Barclays Bank PLC
- 1982-09-23🔒Charge registered #13Lender: Barclays Bank PLC
- 1981-11-10🔒Charge registered #12Lender: Barclays Bank PLC
- 1980-09-01🔒Charge registered #11Lender: Barclays Bank PLC
- 1972-10-09🔒Charge registered #10Lender: M.M. Purkis
- 1972-09-07🔒Charge registered #9Lender: Kenneth Brown
- 1972-04-27🔒Charge registered #8Lender: Barclays Bank PLC
- 1971-12-21🔒Charge registered #7Lender: R Rhodes
- 1971-12-21🔒Charge registered #6Lender: A. Hammond
- 1970-04-28🔒Charge registered #5Lender: Crusader Insurance Company LTD
- 1968-09-25🔒Charge registered #4Lender: Alfred Hammond
- 1968-09-25🔒Charge registered #3Lender: Alfred Hammond
- 1968-05-17🔒Charge registered #1Lender: Mrs M.M. Purkis
- 1968-05-13🔒Charge registered #2Lender: Mrs M.M. Purkis
- 1962-04-30🏢Company incorporatedAs EASTPLACE PROPERTY CO LIMITED
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 88 — succession pressure is live.
Succession & seller-readiness
96/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 88 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 64 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 · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
14 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Lucinda Hallamore Webber Individual · British · DOB 02/1969 · age 57 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mrs Cathy Louise Shearer Individual · British · DOB 03/1966 · age 60 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Nicholas George Budibent Individual · British · DOB 10/1938 · age 88 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · LD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ABB INVESTMENTS LTD→ 15309801 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AW 2001 LIMITED→ 05243357 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| BURGESS LAND LTD→ 09995881 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| BWLCH LEISURE LIMITED→ 16678708 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CAPEL Y MAEN LTD→ 16006065 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CASTLE WYE LIMITED→ 10701150 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| CLUD PROPERTY LIMITED→ 08120978 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| DARK SKY RETREAT LTD→ 15657735 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| DEFYNNOG PROPERTIES LIMITED→ 07556723 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| ELAN PROPERTY SERVICES LTD→ 13858105 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| EPPCO (UK) LIMITED→ 03205546 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| ERD PROPERTY LIMITED→ 16576425 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated1962-04-30
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
Bishop House 10 Wheat Street
Brecon
Powys
LD3 7DG
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-17
Last: 2025-11-03
Officers (3 active · 5 resigned)
Active
Active
WEBBER, Lucinda Hallamore→
Activedirector · ~57y · appointed 1994-07-08
View their other companies + combined net worth →
BUDIBENT, Diana Mary→
Resignedsecretary · resigned 2013-04-10
BUDIBENT, Nicholas George→
Resignedsecretary · resigned 1994-10-31
SHEARER, Cathy Louise→
Resignedsecretary · resigned 1994-10-31
BUDIBENT, Diana Mary→
Resigneddirector · ~85y · resigned 2013-04-30
SHEARER, Cathy Louise→
Resigneddirector · ~60y · resigned 1997-08-29
Click a director name to see their full track record across all companies.
Mortgages & charges
16
Total charges
14
Outstanding
9
Active lenders
Status:Lender:16 of 16 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 13/06/1984 | — | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 12/04/1984 | 02/09/1989 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 27/01/1984 | 03/10/1992 | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 23/09/1982 | — | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 10/11/1981 | — | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 01/09/1980 | — | |
| outstanding | M.M. Purkis / B.C.W. Hart / K. Brown | Charge | 1 property | 09/10/1972 | — | |
| outstanding | Kenneth Brown | Legal charge | 1 property | 07/09/1972 | — | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 27/04/1972 | — | |
| outstanding | R Rhodes / A Hammond | Charge | 1 property | 21/12/1971 | — | |
| outstanding | A. Hammond / C. Rhodes | Charge | 1 property | 21/12/1971 | — | |
| outstanding | Crusader Insurance Company Crusader Insurance Company LTD | Legal charge | 1 property | 28/04/1970 | — | |
| outstanding | Alfred Hammond | Legal charge | 1 property | 25/09/1968 | — | |
| outstanding | Alfred Hammond | Legal charge | 1 property | 25/09/1968 | — | |
| outstanding | Mrs M.M. Purkis / K. Brown / B.C.W. Hart | Legal charge | 1 property | 17/05/1968 | — | |
| outstanding | Mrs M.M. Purkis / B.C.W. Hart / K. Brown | Legal charge | 1 property | 13/05/1968 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (118 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-21