MITCHELLS & BUTLERS LEISURE RETAIL LIMITED

🌳Matureactive
01001181 · ltd · incorporated 1971-01-29
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 39.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 77/100 (strong), bankability 85/100. Strong seller-intent signal (73/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 39.9y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 39.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 20/100 — clean.

Data confidence

Overall: medium (61/100)

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
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
42 officers (6 active, 42 linked, 32 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
21 connected companies via shared directors
90
Filing history
201 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 1 officers
  • 1 accounts
Last 180 days
5
filings
  • 3 officers
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (100 events)Click to expand
  1. 2026-03-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-02-23
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2026-02-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2026-02-12
    BRADLEY, Fiona Mary appointed
    director
  5. 2026-01-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-12-31
    HOPKINS, Christian resigned
    director
  7. 2025-02-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2024-10-17
    📄
    capital-allotment-shares
    capital · SH01
  9. 2024-10-17
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  10. 2024-10-17
    📄
    legacy
    capital · SH20
  11. 2024-10-17
    ⚠️
    legacy
    insolvency · CAP-SS
  12. 2024-10-17
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2024-02-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2024-01-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2023-12-31
    HUGHES, Alison Jane Margaret resigned
    director
  16. 2023-03-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2022-10-17
    📄
    capital-allotment-shares
    capital · SH01
  18. 2022-10-01
    📄
    memorandum-articles
    incorporation · MA
  19. 2022-10-01
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2022-09-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2022-09-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2022-09-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2022-09-01
    FREEMAN, Andrew David appointed
    director
  24. 2022-09-01
    HUGHES, Alison Jane Margaret appointed
    director
  25. 2022-08-31
    MCMAHON, Gregory Joseph resigned
    director
  26. 2022-02-16
    📄
    accounts-with-accounts-type-full
    accounts · AA
  27. 2020-09-07
    BURTON, Denise Patricia appointed
    secretary
  28. 2020-09-07
    MCMAHON, Gregory Joseph resigned
    secretary
  29. 2020-04-01
    MCMAHON, Gregory Joseph appointed
    secretary
  30. 2020-03-31
    BURTON, Denise Patricia resigned
    secretary
  31. 2018-06-27
    HOPKINS, Christian appointed
    director
  32. 2014-01-31
    YOUNG, Robin Mark resigned
    director
  33. 2013-02-15
    MCMAHON, Gregory Joseph appointed
    director
  34. 2013-01-31
    EVANS, Douglas George resigned
    director
  35. 2012-11-12
    SINGH, Saudagar resigned
    director
  36. 2012-06-11
    EVANS, Douglas George appointed
    director
  37. 2012-02-15
    TODD, Kevin resigned
    director
  38. 2011-11-15
    COLDRICK, Amanda resigned
    director
  39. 2011-11-15
    MARTIN, Adam Melville resigned
    director
  40. 2011-11-15
    MOXHAM, Roger Timothy resigned
    director
  41. 2011-03-15
    FOWLE, Adam Peter resigned
    director
  42. 2011-03-08
    BERROW, Jacqueline Ann resigned
    director
  43. 2011-01-19
    BURTON, Denise Patricia appointed
    secretary
  44. 2011-01-19
    TROUSDALE, Carolyn resigned
    secretary
  45. 2010-11-15
    BENJAMIN, Rachel Abigail resigned
    secretary
  46. 2010-11-15
    TROUSDALE, Carolyn appointed
    secretary
  47. 2010-10-21
    KENNEDY, Bronagh resigned
    director
  48. 2010-08-31
    MARTINDALE, Susan Katrina appointed
    director
  49. 2010-08-31
    MILES, Lee Jonathan appointed
    director
  50. 2010-08-31
    VAUGHAN, Andrew William appointed
    director
Showing most recent 50 of 100 events

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

63/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 16 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2024-10-17: legacy

Group structure

Mitchells & Butlers Leisure Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Mitchells & Butlers Leisure Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
MITCHELLS & BUTLERS LEISURE RETAIL LIMITED
This company · 01001181

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
Mitchells & Butlers Leisure Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

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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.

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Company details

Statusactive
Typeltd
Incorporated1971-01-29
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

27 Fleet Street
Birmingham
West Midlands
B3 1JP

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-27
Confirmation statement
Next due: 2027-02-14
Last: 2026-01-31

Officers (6 active · 36 resigned)

BURTON, Denise Patricia
secretary · appointed 2020-09-07
View their other companies + combined net worth →
Active
BRADLEY, Fiona Mary
director · ~48y · appointed 2026-02-12
View their other companies + combined net worth →
Active
FREEMAN, Andrew David
director · ~46y · appointed 2022-09-01
View their other companies + combined net worth →
Active
MARTINDALE, Susan Katrina
director · ~65y · appointed 2010-08-31
View their other companies + combined net worth →
Active
MILES, Lee Jonathan
director · ~56y · appointed 2010-08-31
View their other companies + combined net worth →
Active
VAUGHAN, Andrew William
director · ~63y · appointed 2010-08-31
View their other companies + combined net worth →
Active
ABBEY, Andre
secretary · appointed 1994-09-06 · resigned 2001-05-08
Resigned
ABBEY, Andre
secretary · resigned 1993-05-03
Resigned
BENJAMIN, Rachel Abigail
secretary · appointed 2009-04-06 · resigned 2010-11-15
Resigned
BURTON, Denise Patricia
secretary · appointed 2011-01-19 · resigned 2020-03-31
Resigned
KENNEDY, Bronagh
secretary · appointed 2001-05-08 · resigned 2003-07-02
Resigned
MCCABE, Thomas Gabriel
secretary · appointed 1993-05-03 · resigned 1994-09-06
Resigned
MCMAHON, Gregory Joseph
secretary · appointed 2020-04-01 · resigned 2020-09-07
Resigned
PENRICE, Victoria Margaret
secretary · appointed 2003-07-02 · resigned 2009-04-06
Resigned
TROUSDALE, Carolyn
secretary · appointed 2010-11-15 · resigned 2011-01-19
Resigned
ABBEY, Andre
director · ~85y · resigned 2001-05-08
Resigned
BERROW, Jacqueline Ann
director · ~61y · appointed 2010-08-31 · resigned 2011-03-08
Resigned
BRAMLEY, Michael Lloyd
director · ~75y · appointed 2003-11-04 · resigned 2009-04-11
Resigned
BUTTERFIELD, John Christopher Noel Robert Hay
director · ~61y · appointed 2003-11-04 · resigned 2008-07-04
Resigned
CAMPBELL, Alan David
director · ~80y · appointed 1995-05-01 · resigned 1999-04-26
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Watney Truman
Watney Truman Limited
Debenture1 property22/09/198828/12/2000
satisfied
Watney Combe Reid & Truman
Watney Combe Reid & Truman Limited
Debenture1 property04/07/198613/10/1995

Recent filings (201 total)

change-person-director-company-with-change-date
officers · CH01
2026-03-24
accounts-with-accounts-type-full
accounts · AA
2026-02-23
appoint-person-director-company-with-name-date
officers · AP01
2026-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-11
termination-director-company-with-name-termination-date
officers · TM01
2026-01-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-14
accounts-with-accounts-type-full
accounts · AA
2025-02-05
capital-allotment-shares
capital · SH01
2024-10-17
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-10-17
legacy
capital · SH20
2024-10-17
legacy
insolvency · CAP-SS
2024-10-17
resolution
resolution · RESOLUTIONS
2024-10-17
accounts-with-accounts-type-full
accounts · AA
2024-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-12
termination-director-company-with-name-termination-date
officers · TM01
2024-01-04