BILLET COURT (BERKHAMSTED) MANAGEMENT COMPANY LIMITED

🌳Matureactive

01271540 · ltd · incorporated 1976-08-03

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.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 29.6y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Apr 2025

Net worth

—

book net assets

Opportunity

78/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Residents property management

Sector: Activities of households

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

1 live charge · oldest 29.6y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 29.6 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (70/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

19 officers (3 active, 19 linked, 17 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

115 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

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

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-04-30	2024-04-30
Average employees	200	200

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

🔒Filing-note intelligence

1 signal 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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (46 events)Click to expand

2026-01-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-18
➖
NASH, Ronald resigned
director
2021-08-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-12-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-01-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-02-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-02-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-01-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-01-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-01-29
➕
DOUGLAS, Emer Catherine appointed
director
2018-01-29
➖
MULCAHY, Ian Robert resigned
director
2018-01-29
➕
NASH, Ronald appointed
director
2017-01-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-02-02
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-10-19
➖
DAY, Christopher Frank John resigned
director
2009-02-25
➕
DAY, Christopher Frank John appointed
director
2008-06-18
➖
COLLINS, Deborah Ann resigned
director
2006-09-30
➖
BAIRD, James William Robert resigned
director
2006-09-30
➖
BRADLEY, Wendy resigned
director
2006-09-30
➕
COLLINS, Deborah Ann appointed
director
2006-09-30
➕
MULCAHY, Ian Robert appointed
director
2006-02-15
➕
LAMB, David appointed
director
2004-11-16
➖
WARD, John resigned
director
2002-09-30
➖
SMITH, Stuart Armstrong resigned
director
2002-09-23
➕
BRADLEY, Wendy appointed
director
2001-11-12
➕
WARD, John appointed
director
1999-09-26
➖
EMBERSON, Robin resigned
director
1999-09-26
➕
SEWELL, John Ward appointed
director
1999-09-26
➖
SEWELL, John Ward resigned
director
1999-09-26
➕
SMITH, Stuart Armstrong appointed
director
1997-07-31
➖
ROW, Nigel resigned
director
1997-07-31
➖
SELFE, Maria resigned
director
1996-10-23
🔒
Charge registered #1
Lender: National Westminster Bank PLC
1995-06-15
➖
SUTTON, Simon resigned
director
1994-08-15
➕
SUTTON, Simon appointed
director
1994-07-13
➖
BRADLEY, Wendy resigned
director
1992-10-14
➕
BAIRD, James William Robert appointed
director
1992-10-14
➕
ROW, Nigel appointed
director
1992-04-30
➖
KEMP, Andy resigned
director
1991-10-30
➖
SAMPSON, David resigned
director
1976-08-03
🏢
Company incorporated
As BILLET COURT (BERKHAMSTED) MANAGEMENT COMPANY LIMITED

Owner dependency

68/100

High — earn-out structure required

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

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

66/100

Strong succession signal

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

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 50 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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Similar companies

Active · Holding company · WD postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
107 NORTH WESTERN AVENUE (WATFORD) LIMITED→ 12427793 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
18 GAMES ROAD (COCKFOSTERS) RESIDENTS ASSOCIATION LIMITED→ 01306158 · est 1977 · no financials extracted	—	—	—	—	49y	—	—
19-27 (ODD) BYEWATERS RTM COMPANY LTD→ 13249451 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
2 COBHAM TERRACE GREENHITHE LIMITED→ 03838893 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
2-4 WHITE'S ROW MANAGEMENT LIMITED→ 05182114 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
20 ALEXANDRA ROAD FREEHOLD COMPANY LIMITED→ 16189755 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
20 ROSECROFT AVENUE TENANTS MANAGEMENT COMPANY LIMITED→ 01069355 · est 1972 · no financials extracted	—	—	—	—	53y	—	—
202 BISHOPSGATE (MANAGEMENT) LIMITED→ 03831470 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
22 QUEEN'S GATE TERRACE LIMITED→ 03342824 · est 1997 · no financials extracted	—	—	—	—	29y	—	—
23 CLARENDON GARDENS LIMITED→ 03814779 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
23 DOLLIS AVENUE (1998) LIMITED→ 03599246 · est 1998 · no financials extracted	—	—	—	—	27y	—	—
23 WIMPOLE STREET LIMITED→ 02637192 · est 1991 · no financials extracted	—	—	—	—	34y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated1976-08-03

Jurisdictionengland-wales

Primary SIC98000 — Residents property management

Registered office

147 Hempstead Road

Watford

WD17 3HF

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2026-08-28

Last: 2025-08-14

Officers (3 active · 16 resigned)

HUNT, Robert Paul→

secretary

View their other companies + combined net worth →

Active

DOUGLAS, Emer Catherine→

director · ~41y · appointed 2018-01-29

View their other companies + combined net worth →

Active

LAMB, David→

director · ~57y · appointed 2006-02-15

View their other companies + combined net worth →

Active

BAIRD, James William Robert→

director · ~75y · appointed 1992-10-14 · resigned 2006-09-30

Resigned

BRADLEY, Wendy→

director · ~83y · appointed 2002-09-23 · resigned 2006-09-30

Resigned

BRADLEY, Wendy→

director · ~83y · resigned 1994-07-13

Resigned

COLLINS, Deborah Ann→

director · ~62y · appointed 2006-09-30 · resigned 2008-06-18

Resigned

DAY, Christopher Frank John→

director · ~75y · appointed 2009-02-25 · resigned 2009-10-19

Resigned

EMBERSON, Robin→

director · ~63y · resigned 1999-09-26

Resigned

KEMP, Andy→

director · ~67y · resigned 1992-04-30

Resigned

MULCAHY, Ian Robert→

director · ~45y · appointed 2006-09-30 · resigned 2018-01-29

Resigned

NASH, Ronald→

director · ~80y · appointed 2018-01-29 · resigned 2021-08-18

Resigned

ROW, Nigel→

director · ~60y · appointed 1992-10-14 · resigned 1997-07-31

Resigned

SAMPSON, David→

director · ~63y · resigned 1991-10-30

Resigned

SELFE, Maria→

director · resigned 1997-07-31

Resigned

SEWELL, John Ward→

director · ~87y · appointed 1999-09-26 · resigned 1999-09-26

Resigned

SMITH, Stuart Armstrong→

director · ~62y · appointed 1999-09-26 · resigned 2002-09-30

Resigned

SUTTON, Simon→

director · ~71y · appointed 1994-08-15 · resigned 1995-06-15

Resigned

WARD, John→

director · ~87y · appointed 2001-11-12 · resigned 2004-11-16

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	National Westminster Bank National Westminster Bank PLC	Legal mortgage	1 property	23/10/1996	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (115 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-01-20

confirmation-statement-with-updates

confirmation-statement · CS01

2025-08-26

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-01-28

confirmation-statement-with-updates

confirmation-statement · CS01

2024-08-14

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-01-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-08-15

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-01-04

confirmation-statement-with-updates

confirmation-statement · CS01

2022-08-15

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-02-04

termination-director-company-with-name-termination-date

officers · TM01

2021-08-18

confirmation-statement-with-updates

confirmation-statement · CS01

2021-08-16

accounts-with-accounts-type-total-exemption-full

accounts · AA

2020-12-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-08-19

accounts-with-accounts-type-total-exemption-full

accounts · AA

2020-01-28

confirmation-statement-with-updates

confirmation-statement · CS01

2019-08-14