PARKSIDE RECRUITMENT LIMITED

🌳Matureactive
01655502 · ltd · incorporated 1982-07-30
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2023
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Temporary employment agency activities
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 74/100 (strong), 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. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

13 live charges · 9 lenders · oldest 37.3y

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 37.3 years old — likely at or near maturity.
  • · 9 lenders named — inter-creditor friction likely.
  • · Legal-friction score 55/100 (high).

Data confidence

Overall: medium (75/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
22 officers (3 active, 22 linked, 15 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
189 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-12-31
Average employees2400

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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 2 officers
Counts from Companies House filing history.
Corporate timeline (75 events)Click to expand
  1. 2026-02-26
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  2. 2026-02-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-10-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-12-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2022-11-29
    PARKINSON, Robert Michael resigned
    director
  8. 2022-11-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-11-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2021-11-01
    PARKINSON, Robert Michael appointed
    director
  11. 2021-10-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  12. 2021-10-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2021-01-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2019-10-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2019-01-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2019-01-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2018-10-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2017-10-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2016-08-25
    RUPARELIA, Sagar Ramnik appointed
    director
  20. 2014-05-28
    RUPARELIA, Sagar Ramnik appointed
    secretary
  21. 2014-05-28
    ELSON, Tremayne resigned
    secretary
  22. 2013-12-31
    ELSON, Tremayne appointed
    secretary
  23. 2013-12-31
    RYALL, Michael resigned
    director
  24. 2013-10-31
    READ, Graeme resigned
    director
  25. 2013-10-31
    RUSSELL, Paul Dean resigned
    director
  26. 2012-10-17
    🔓
    Charge satisfied #6
  27. 2012-10-17
    🔓
    Charge satisfied #5
  28. 2012-09-27
    🔒
    Charge registered #13
    Lender: Hsbc Bank PLC
  29. 2012-05-15
    🔒
    Charge registered #12
    Lender: Hsbc Bank PLC
  30. 2011-08-11
    🔒
    Charge registered #11
    Lender: Hsbc Invoice Finance (UK) LTD ("the Security Holder")
  31. 2011-07-20
    🔓
    Charge satisfied #10
  32. 2011-07-18
    GOODWIN, Anthony Michael appointed
    director
  33. 2011-07-18
    FROME, Andrew Paul resigned
    director
  34. 2011-07-18
    HERRMANNSEN, Chris resigned
    director
  35. 2011-07-18
    READ, Graeme appointed
    director
  36. 2011-07-18
    RUSSELL, Paul Dean appointed
    director
  37. 2011-07-18
    RYALL, Michael appointed
    director
  38. 2010-02-22
    🔒
    Charge registered #10
    Lender: Bibby Financial Services Limited
  39. 2009-05-13
    🔒
    Charge registered #9
    Lender: Hsbc Bank PLC
  40. 2007-07-04
    SHANMUGAM, Bala resigned
    secretary
  41. 2007-07-04
    FROME, Andrew Paul appointed
    director
  42. 2007-07-04
    SHANMUGAM, Bala resigned
    director
  43. 2007-03-12
    🔒
    Charge registered #8
    Lender: David Frost and Paul Sexton
  44. 2006-09-06
    🔒
    Charge registered #7
    Lender: Hsbc Bank PLC
  45. 2006-08-22
    🔒
    Charge registered #6
    Lender: Hsbc Invoice Finance (UK) PLC
  46. 2006-08-22
    🔒
    Charge registered #5
    Lender: Hsbc Invoice Finance (UK) LTD
  47. 2006-08-10
    SHANMUGAM, Bala appointed
    secretary
  48. 2006-08-10
    T M SECRETARIES LIMITED resigned
    corporate-secretary
  49. 2006-08-10
    HERRMANNSEN, Chris appointed
    director
  50. 2006-08-10
    SHANMUGAM, Bala appointed
    director
Showing most recent 50 of 75 events

Owner dependency

66/100
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.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

79/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 44 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 low
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.

6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

8a Antal Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
8a Antal Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
PARKSIDE RECRUITMENT LIMITED
This company · 01655502

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
8a Antal 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

7 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
Incorporated1982-07-30
Jurisdictionengland-wales
Primary SIC78200 — Temporary employment agency activities

Registered office

Radius House First Floor
51 Clarendon Road
Watford
Herts
WD17 1HP

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-27
Last: 2025-09-13

Officers (3 active · 19 resigned)

RUPARELIA, Sagar Ramnik
secretary · appointed 2014-05-28
View their other companies + combined net worth →
Active
GOODWIN, Anthony Michael
director · ~64y · appointed 2011-07-18
View their other companies + combined net worth →
Active
RUPARELIA, Sagar Ramnik
director · ~43y · appointed 2016-08-25
View their other companies + combined net worth →
Active
COSTELLO, Malcolm
secretary · resigned 2003-08-29
Resigned
ELSON, Tremayne
secretary · appointed 2013-12-31 · resigned 2014-05-28
Resigned
SHANMUGAM, Bala
secretary · appointed 2006-08-10 · resigned 2007-07-04
Resigned
WRIGHT, Stephen Dennis
secretary · appointed 2003-08-29 · resigned 2006-01-20
Resigned
T M SECRETARIES LIMITED
corporate-secretary · appointed 2006-01-20 · resigned 2006-08-10
Resigned
COSTELLO, Malcolm
director · ~69y · resigned 2003-08-29
Resigned
FROME, Andrew Paul
director · ~65y · appointed 2007-07-04 · resigned 2011-07-18
Resigned
HERRMANNSEN, Chris
director · ~61y · appointed 2006-08-10 · resigned 2011-07-18
Resigned
HERRMANNSEN, Chris
director · ~61y · appointed 2005-05-10 · resigned 2006-01-20
Resigned
KEADY, Paul Dermot
director · ~73y · resigned 2003-08-29
Resigned
PARKINSON, Robert Michael
director · ~48y · appointed 2021-11-01 · resigned 2022-11-29
Resigned
READ, Graeme
director · ~59y · appointed 2011-07-18 · resigned 2013-10-31
Resigned
REEVES, Anthony Henry
director · ~86y · appointed 2003-08-29 · resigned 2006-01-20
Resigned
RUSSELL, Paul Dean
director · ~50y · appointed 2011-07-18 · resigned 2013-10-31
Resigned
RYALL, Michael
director · ~58y · appointed 2011-07-18 · resigned 2013-12-31
Resigned
SHANMUGAM, Bala
director · ~54y · appointed 2006-08-10 · resigned 2007-07-04
Resigned
WOODWARD, Douglas Malcolm
director · ~75y · appointed 2004-01-28 · resigned 2004-08-31
Resigned

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

Mortgages & charges

13
Total charges
6
Outstanding
2
Active lenders
Status:Lender:13 of 13 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property27/09/2012
outstanding
HSBC
Hsbc Bank PLC
Legal assignment1 property15/05/2012
outstanding
HSBC
Hsbc Invoice Finance (UK) LTD ("the Security Holder")
Fixed charge on non-vesting debts and floating charge1 property11/08/2011
satisfied
Bibby Financial Services
Bibby Financial Services Limited
Debenture1 property22/02/201020/07/2011
outstanding
HSBC
Hsbc Bank PLC
Legal assignment1 property13/05/2009
outstanding
David Frost and Paul Sexton
Rent deposit deed1 property12/03/2007
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property06/09/2006
satisfied
HSBC
Hsbc Invoice Finance (UK) PLC
Floating charge1 property22/08/200617/10/2012
satisfied
HSBC
Hsbc Invoice Finance (UK) LTD
Fixed charge on purchased debts which fail to vest1 property22/08/200617/10/2012
satisfied
Lloyds Banking Group
The Royal Bank of Scotland Commercial Services Limited
Fixed and floating charge1 property10/05/200407/08/2006
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property08/12/200307/08/2006
satisfied
Barclays
Barclays Bank PLC
Fixed charge1 property06/09/199313/04/1996
satisfied
Barclays
Barclays Bank PLC
Debenture1 property20/03/198924/10/2002
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (189 total)

change-person-secretary-company-with-change-date
officers · CH03
2026-02-26
change-person-director-company-with-change-date
officers · CH01
2026-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
termination-director-company-with-name-termination-date
officers · TM01
2022-12-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-14
appoint-person-director-company-with-name-date
officers · AP01
2021-11-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2021-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-13
accounts-with-accounts-type-full
accounts · AA
2021-10-07