BUTTONS BEAR AND FRIENDS LIMITED

💤Zombieactive
01433838 · ltd · incorporated 1979-06-29
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
not disclosed
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (78/100, director aged 74). 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

3 live charges · 3 lenders · oldest 43.7y

15/100
under pressure

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

  • · Oldest live charge is 43.7 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (60/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
10 officers (1 active, 10 linked, 8 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
127 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2025-10-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-05-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-05-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  4. 2025-05-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-04-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2025-04-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2025-04-10
    🔓
    Charge satisfied #3
  8. 2025-04-10
    🔓
    Charge satisfied #2
  9. 2025-04-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  10. 2025-04-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2025-04-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2024-10-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2024-05-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2024-04-19
    JOHNSON, Kevin Andrew resigned
    director
  15. 2023-09-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2022-11-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2021-12-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2021-07-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2021-05-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2020-11-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2019-09-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  22. 2014-07-28
    CHAING, Ben Ka Ping appointed
    director
  23. 2014-07-28
    GARDNER, Edward Danny resigned
    secretary
  24. 2014-07-28
    GARDNER, Edward Danny resigned
    director
  25. 2014-07-28
    GARDNER, Gary Timothy resigned
    director
  26. 2014-07-28
    JOHNSON, Kevin Andrew appointed
    director
  27. 2005-01-26
    MATTHEWS, Susanna Yin Fan resigned
    secretary
  28. 2005-01-26
    GARDNER, Gary Timothy appointed
    director
  29. 2005-01-26
    MATTHEWS, Lloyd Harry resigned
    director
  30. 2004-03-01
    GARDNER, Edward Danny appointed
    secretary
  31. 2004-03-01
    GARDNER, Edward Danny appointed
    director
  32. 2003-06-30
    MATTHEWS, James Gordon resigned
    director
  33. 2001-11-26
    MATTHEWS, James Gordon appointed
    director
  34. 2001-11-26
    MATTHEWS, Susanna Yin Fan resigned
    director
  35. 1998-07-02
    CHAN, Man Tat resigned
    director
  36. 1998-07-02
    MATTHEWS, Susanna Yin Fan appointed
    director
  37. 1987-06-16
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  38. 1983-09-21
    🔒
    Charge registered #2
    Lender: The Hong Kong and Shanghai Banking Corporation.
  39. 1982-09-07
    🔒
    Charge registered #1
    Lender: Bank of China
  40. 1979-06-29
    🏢
    Company incorporated
    As BUTTONS BEAR AND FRIENDS LIMITED

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

90/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 47 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 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Humatt Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Humatt Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
BUTTONS BEAR AND FRIENDS LIMITED
This company · 01433838

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
Humatt 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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1979-06-29
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

Alhambra House
9 St Michael's Road
Croydon
CR0 2ZD
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-24
Last: 2026-04-10

Officers (1 active · 9 resigned)

CHAING, Ben Ka Ping
director · ~74y · appointed 2014-07-28
View their other companies + combined net worth →
Active
GARDNER, Edward Danny
secretary · appointed 2004-03-01 · resigned 2014-07-28
Resigned
MATTHEWS, Susanna Yin Fan
secretary · resigned 2005-01-26
Resigned
CHAN, Man Tat
director · ~94y · resigned 1998-07-02
Resigned
GARDNER, Edward Danny
director · ~80y · appointed 2004-03-01 · resigned 2014-07-28
Resigned
GARDNER, Gary Timothy
director · ~75y · appointed 2005-01-26 · resigned 2014-07-28
Resigned
JOHNSON, Kevin Andrew
director · ~57y · appointed 2014-07-28 · resigned 2024-04-19
Resigned
MATTHEWS, James Gordon
director · ~46y · appointed 2001-11-26 · resigned 2003-06-30
Resigned
MATTHEWS, Lloyd Harry
director · ~74y · resigned 2005-01-26
Resigned
MATTHEWS, Susanna Yin Fan
director · ~80y · appointed 1998-07-02 · resigned 2001-11-26
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
Debenture1 property16/06/198710/04/2025
satisfied
HSBC
The Hong Kong and Shanghai Banking Corporation.
Debenture1 property21/09/198310/04/2025
outstanding
Bank of China
Debenture1 property07/09/1982
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (127 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-17
accounts-with-accounts-type-dormant
accounts · AA
2025-10-02
change-person-director-company-with-change-date
officers · CH01
2025-05-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-05-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-14
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-04-08
change-person-director-company-with-change-date
officers · CH01
2025-04-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-07
accounts-with-accounts-type-dormant
accounts · AA
2024-10-09
termination-director-company-with-name-termination-date
officers · TM01
2024-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-19
accounts-with-accounts-type-dormant
accounts · AA
2023-09-28