CLARES OFFICE SUPPLIES LIMITED

🌳Matureactive
01048653 · ltd · incorporated 1972-04-06
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
not disclosed
Net worth
book net assets
Opportunity
62/100
Worth a look
🔔
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What this business does
Primary activity: SIC 47620
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

10 live charges · 5 lenders · oldest 48.8y

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 48.8 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 48/100 (high).

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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
13 officers (3 active, 13 linked, 9 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
162 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
33
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

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 (59 events)Click to expand
  1. 2025-12-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2025-12-02
    WHITTAL, Richard Marcus resigned
    director
  3. 2025-12-02
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  4. 2025-12-02
    📄
    legacy
    accounts · PARENT_ACC
  5. 2025-12-02
    📄
    legacy
    other · GUARANTEE2
  6. 2025-12-02
    📄
    legacy
    other · AGREEMENT2
  7. 2025-12-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-11-27
    CLARE, Dawn resigned
    secretary
  9. 2025-11-27
    HARPER-WILDE, Tammy resigned
    director
  10. 2025-11-27
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2025-11-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2024-11-14
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  13. 2024-11-14
    📄
    legacy
    accounts · PARENT_ACC
  14. 2024-11-14
    📄
    legacy
    other · AGREEMENT2
  15. 2024-11-14
    📄
    legacy
    other · GUARANTEE2
  16. 2023-09-07
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  17. 2023-09-07
    📄
    legacy
    accounts · PARENT_ACC
  18. 2023-08-22
    📄
    legacy
    other · GUARANTEE2
  19. 2023-08-22
    📄
    legacy
    other · AGREEMENT2
  20. 2023-06-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2023-06-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  22. 2023-03-31
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  23. 2023-03-20
    📄
    legacy
    capital · SH20
  24. 2023-03-20
    ⚠️
    legacy
    insolvency · CAP-SS
  25. 2022-10-06
    🔒
    Charge registered #10
    Lender: Lloyds Bank Commerciial Finance LTD
  26. 2022-10-03
    🔓
    Charge satisfied #9
  27. 2022-05-18
    COTTON, Janet Ann resigned
    director
  28. 2022-04-01
    WESTON, Nicholas James appointed
    director
  29. 2022-04-01
    WHITTAL, Richard Marcus appointed
    director
  30. 2022-04-01
    WHITTAL, Richard Marcus appointed
    director
  31. 2020-08-20
    🔒
    Charge registered #9
    Lender: Hsbc UK Bank PLC
  32. 2020-05-01
    HARPER-WILDE, Tammy appointed
    director
  33. 2019-01-29
    🔒
    Charge registered #8
    Lender: Hsbc Equipment Finance (UK) LTD
  34. 2018-08-21
    CLARE, Dawn appointed
    secretary
  35. 2018-08-21
    COTTON, Janet Ann resigned
    secretary
  36. 2009-07-25
    🔓
    Charge satisfied #7
  37. 2008-03-29
    🔓
    Charge satisfied #5
  38. 2008-03-29
    🔓
    Charge satisfied #2
  39. 2007-12-21
    CLARE, David Stewart resigned
    director
  40. 2007-06-29
    COTTON, Janet Ann appointed
    secretary
  41. 2007-05-11
    CLARE, David Stewart resigned
    secretary
  42. 2003-10-07
    🔓
    Charge satisfied #6
  43. 2003-03-13
    CLARE, David Stewart appointed
    secretary
  44. 2003-03-12
    CLARE, Janice Mary resigned
    secretary
  45. 2003-03-12
    CLARE, Brian George resigned
    director
  46. 2003-03-12
    CLARE, Janice Mary resigned
    director
  47. 2003-01-29
    🔒
    Charge registered #7
    Lender: Hsbc Bank PLC
  48. 2002-05-01
    COTTON, Janet Ann appointed
    director
  49. 1999-05-18
    CLARE, David Stewart appointed
    director
  50. 1996-05-23
    🔓
    Charge satisfied #4
Showing most recent 50 of 59 events

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • +Founder name in company name: Company name contains director surname "CLARE" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryStable-but-static management: Company is 54 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high · 2 med ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-11

1 insolvency-related filing on record
high

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

Evidence: 2023-03-20: legacy

3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: CLARE, Dawn resigned 2025-11-27; HARPER-WILDE, Tammy resigned 2025-11-27; WHITTAL, Richard Marcus resigned 2025-12-02

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

The Business Supplies Group Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
The Business Supplies Group Holdings Ltd
Corporate parent · holds 75-100% shares
ultimate parent
CLARES OFFICE SUPPLIES LIMITED
This company · 01048653

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
The Business Supplies Group Holdings Ltd
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting01/04/2022
1 historic (ceased) PSC
  • Clares Business Solutions Ltdceased 31/03/2022· 75-100% shares · 75-100% voting · 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 →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1972-04-06
Jurisdictionengland-wales
Primary SIC47620 — SIC 47620

Registered office

Unit D1 Voyager Park
Portfield Road
Portsmouth
Hampshire
PO3 5FN

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-11OVERDUE
Last: 2025-05-28

Officers (3 active · 10 resigned)

CLARE, Stephen John
director · ~59y
View their other companies + combined net worth →
Active
WESTON, Nicholas James
director · ~54y · appointed 2022-04-01
View their other companies + combined net worth →
Active
WHITTAL, Richard Marcus
director · ~57y · appointed 2022-04-01
View their other companies + combined net worth →
Active
CLARE, David Stewart
secretary · appointed 2003-03-13 · resigned 2007-05-11
Resigned
CLARE, Dawn
secretary · appointed 2018-08-21 · resigned 2025-11-27
Resigned
CLARE, Janice Mary
secretary · resigned 2003-03-12
Resigned
COTTON, Janet Ann
secretary · appointed 2007-06-29 · resigned 2018-08-21
Resigned
CLARE, Brian George
director · ~88y · resigned 2003-03-12
Resigned
CLARE, David Stewart
director · ~52y · appointed 1999-05-18 · resigned 2007-12-21
Resigned
CLARE, Janice Mary
director · ~86y · resigned 2003-03-12
Resigned
COTTON, Janet Ann
director · ~65y · appointed 2002-05-01 · resigned 2022-05-18
Resigned
HARPER-WILDE, Tammy
director · ~39y · appointed 2020-05-01 · resigned 2025-11-27
Resigned
WHITTAL, Richard Marcus
director · ~57y · appointed 2022-04-01 · resigned 2025-12-02
Resigned

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

Mortgages & charges

10
Total charges
2
Outstanding
2
Active lenders
Status:Lender:10 of 10 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank Commerciial Finance LTD
A registered charge06/10/2022
satisfied
HSBC
Hsbc UK Bank PLC
A registered charge1 property20/08/202003/10/2022
outstanding
HSBC
Hsbc Equipment Finance (UK) LTD
A registered charge29/01/2019
satisfied
HSBC
Hsbc Bank PLC
Legal mortgage1 property29/01/200325/07/2009
satisfied
Midland Bank
Midland Bank PLC
Legal charge1 property17/08/199407/10/2003
satisfied
Midland Bank
Midland Bank PLC
Fixed and floating charge1 property03/03/199229/03/2008
satisfied
Midland Bank
Midland Bank PLC
Charge on book debts1 property27/01/198823/05/1996
satisfied
Midland Bank
Midland Bank PLC
Legal charge1 property16/11/198717/05/1995
satisfied
Midland Bank
Midland Bank PLC
Legal charge1 property16/02/198129/03/2008
satisfied
Midland Bank
Midland Bank PLC
Floating charge1 property26/08/197723/05/1996
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (162 total)

termination-director-company-with-name-termination-date
officers · TM01
2025-12-10
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-12-02
legacy
accounts · PARENT_ACC
2025-12-02
legacy
other · GUARANTEE2
2025-12-02
legacy
other · AGREEMENT2
2025-12-02
appoint-person-director-company-with-name-date
officers · AP01
2025-12-02
termination-secretary-company-with-name-termination-date
officers · TM02
2025-11-27
termination-director-company-with-name-termination-date
officers · TM01
2025-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-28
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-11-14
legacy
accounts · PARENT_ACC
2024-11-14
legacy
other · AGREEMENT2
2024-11-14
legacy
other · GUARANTEE2
2024-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-29