BRITEL FUND TRUSTEES LIMITED
🌳Matureactive
01687153 · ltd · incorporated 1982-12-15
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Pension funding
Sector: Financial & insurance
Investor take
PursueStrong 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. Biggest value-creation lever: Consolidate lender relationships. 18 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (48/100).
🏦
Refinance opportunity
30 live charges · 18 lenders · oldest 42.9y
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 42.9 years old — likely at or near maturity.
- · 18 lenders named — inter-creditor friction likely.
- · Legal-friction score 63/100 (high).
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
30 charges (30/30 with lender, 30/30 with type)
90
Directors & officers
30 officers (3 active, 30 linked, 24 with DOB)
86
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
191 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.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (109 events)Click to expand
- 2026-02-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-08-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-08-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-01➕MCGOWAN, Laura Eileen appointeddirector
- 2025-08-01➖HASELDEN, Gillian resigneddirector
- 2025-04-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-08-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-08-05➕HASELDEN, Gillian appointeddirector
- 2024-08-05➖LYNXWILER, Elizabeth resigneddirector
- 2024-08-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-02➕MACKENZIE, Jill Francine appointeddirector
- 2024-05-02➖SHEPHERD, Beryl Ann resigneddirector
- 2024-03-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-06-02➕LYNXWILER, Elizabeth appointeddirector
- 2023-06-02➖TOLLIS, Katherine Ann resigneddirector
- 2023-06-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-03-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-03-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-03-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-03-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-03-17🔓Charge satisfied #32
- 2023-03-17🔓Charge satisfied #30
- 2023-03-17🔓Charge satisfied #29
- 2023-02-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-02-21🔓Charge satisfied #31
- 2022-04-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-08-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-04-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-05-19➕BT PENSION SCHEME MANAGEMENT LIMITED appointedcorporate-secretary
- 2020-05-19➖TOLLIS, Katherine Ann resignedsecretary
- 2020-02-14➕TOLLIS, Katherine Ann appointedsecretary
- 2020-02-14➖WELCH, Susan resignedsecretary
- 2020-02-14➕TOLLIS, Katherine Ann appointeddirector
- 2020-02-14➖WELCH, Susan resigneddirector
- 2020-01-06🔒Charge registered #32Lender: Bam Properties Limited
- 2017-10-27🔒Charge registered #31Lender: The City of Edinburgh Council
- 2017-10-16🔒Charge registered #30Lender: Bam Properties Limited
- 2017-10-16🔒Charge registered #29Lender: Bam Properties Limited
- 2013-03-22➖LYNCH, Agnes Christina resignedsecretary
- 2013-03-22➕WELCH, Susan appointedsecretary
- 2013-03-22➖LYNCH, Agnes Christina resigneddirector
- 2013-03-22➕WELCH, Susan appointeddirector
- 2012-05-31➖LABRAM, Nigel resigneddirector
- 2011-02-28➖KENT, Roderick David resigneddirector
- 2011-01-11➕SHEPHERD, Beryl Ann appointeddirector
- 2011-01-10➖MARCHANT, Howard resigneddirector
- 2011-01-08🔓Charge satisfied #21
Showing most recent 50 of 109 events
Owner dependency
66/100
High — earn-out structure requiredMaterial 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 60 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
22 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
2 corporate shareholders identified. Group structure is distributed.
🏛️ultimate parent
Britel Fund Nominees Limited
Corporate parent · holds 75-100% shares
🏛️
Bt Pension Scheme Trustees Limited
Corporate parent
⬇
BRITEL FUND TRUSTEES LIMITED
This company · 01687153
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Britel Fund Nominees Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
Bt Pension Scheme Trustees Limited Corporate entity | — | — | sig. influencesignificant influence | 06/04/2016 |
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 →Similar companies
Active · Financial services · EC postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AURORA UNDERWRITING (1997) LIMITED→ 03431418 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| AUTOMINT IO LIMITED→ 16949906 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AVALON INVESTMENT SERVICES (NOMINEES) LIMITED→ 03826842 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| AWE FINANCE LIMITED→ 11296999 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| AXA GLOBAL HEALTHCARE (UK) LIMITED→ 03039521 · est 1995 · no financials extracted | — | — | — | — | 31y | — | — |
| AXI DIGITAL (UK) LIMITED→ 14613945 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AXIOMA EUROPE LTD→ 11447632 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AXIS MANAGING AGENCY LTD.→ 08702952 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| AXIS SPECIALTY FINANCE PLC→ 08831330 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| AXPO UK TRADING LIMITED→ 06600992 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| AXXELTROVA LIMITED→ 10016621 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| AXXELTROVA PARTNERS LIMITED→ 14421956 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated1982-12-15
Jurisdictionengland-wales
Primary SIC65300 — Pension funding
Registered office
One America Square
17 Crosswall
London
EC3N 2LB
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-06-21
Last: 2026-06-07
Officers (3 active · 27 resigned)
BT PENSION SCHEME MANAGEMENT LIMITED→
Activecorporate-secretary · appointed 2020-05-19
View their other companies + combined net worth →
MACKENZIE, Jill Francine→
Activedirector · ~60y · appointed 2024-05-02
View their other companies + combined net worth →
MCGOWAN, Laura Eileen→
Activedirector · ~52y · appointed 2025-08-01
View their other companies + combined net worth →
HARTRIDGE- PRICE, Colin Charles→
Resignedsecretary · appointed 1996-02-01 · resigned 2008-12-31
LYNCH, Agnes Christina→
Resignedsecretary · appointed 2009-01-01 · resigned 2013-03-22
REED, Martin John→
Resignedsecretary · resigned 1996-01-31
TOLLIS, Katherine Ann→
Resignedsecretary · appointed 2020-02-14 · resigned 2020-05-19
WELCH, Susan→
Resignedsecretary · appointed 2013-03-22 · resigned 2020-02-14
ANSON, Mark Jonathon→
Resigneddirector · ~67y · appointed 2006-02-01 · resigned 2007-08-31
BELL, Roy John→
Resigneddirector · ~93y · appointed 1993-11-18 · resigned 1995-07-27
BUNNAGE, Ralph Mason→
Resigneddirector · ~101y · resigned 1995-08-31
CHESSELLS, Arthur David, Sir→
Resigneddirector · ~85y · appointed 1999-01-14 · resigned 2007-12-31
HARTRIDGE- PRICE, Colin Charles→
Resigneddirector · ~79y · appointed 1996-02-01 · resigned 2008-12-31
HASELDEN, Gillian→
Resigneddirector · ~58y · appointed 2024-08-05 · resigned 2025-08-01
KENT, Roderick David→
Resigneddirector · ~79y · appointed 2008-01-01 · resigned 2011-02-28
LABRAM, Nigel→
Resigneddirector · ~73y · appointed 2008-01-01 · resigned 2012-05-31
LYNCH, Agnes Christina→
Resigneddirector · ~59y · appointed 2009-01-01 · resigned 2013-03-22
LYNXWILER, Elizabeth→
Resigneddirector · ~54y · appointed 2023-06-02 · resigned 2024-08-05
MARCHANT, Howard→
Resigneddirector · ~81y · appointed 1995-12-21 · resigned 2011-01-10
MORPETH, Douglas, Sir→
Resigneddirector · ~102y · resigned 1992-09-30
Click a director name to see their full track record across all companies.
Mortgages & charges
30
Total charges
22
Outstanding
8
Active lenders
Status:Lender:30 of 30 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Bam Properties Bam Properties Limited | A registered charge | 7 properties | 06/01/2020 | 17/03/2023 | |
| satisfied | The City of Edinburgh Council | A registered charge | 3 properties | 27/10/2017 | 21/02/2023 | |
| satisfied | Bam Properties Bam Properties Limited | A registered charge | 1 property | 16/10/2017 | 17/03/2023 | |
| satisfied | Bam Properties Bam Properties Limited | A registered charge | 1 property | 16/10/2017 | 17/03/2023 | |
| outstanding | David John Bradbury, James Michael Brady, Richard Anthony Harrold, Roger Edward Quince, James Tuckey Together the Trustees of the Mepc Pension and Assurance Scheme David John Bradbury, James Michael Brady, Richard Anthony Harrold, Roger Edward Quince, James Tuckey Together the Trustees of the Mepc Limited Pension and Assurance Scheme | Security interest agreement | 1 property | 11/04/2008 | — | |
| outstanding | Calyon as Trustee for Each of the Finance Parties (The Security Trustee) | Subordination agreement | 1 property | 01/11/2005 | — | |
| outstanding | Calyon as Trustee for Each of the Finance Parties (The Security Trustee) | Security agreement | 1 property | 01/11/2005 | — | |
| outstanding | Calyon as Trustee for Each of the Finance Parties (The Security Trustee) | Legal charge | 2 properties | 01/11/2005 | — | |
| outstanding | Calyon as Trustee for Each of the Finance Parties (The Security Trustee) | Debenture | 1 property | 01/11/2005 | — | |
| outstanding | Calyon as Trustee for Each of the Finance Parties (The Security Trustee) | Debenture | 1 property | 01/11/2005 | — | |
| outstanding | Calyon as Security Trustee | A deed of subordination | 1 property | 25/07/2005 | — | |
| satisfied | Barclays Barclays Bank PLC (As Security Trustee for the Finance Parties) | Deed of subordination | 1 property | 25/01/2005 | 08/01/2011 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC as Agent for the Bank and as Security Trustee for the Financeparties (The Agent) | Debenture | 1 property | 16/03/2004 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC as Agent for the Banks and as Security Trustee for the Financeparties (The Agent) | Deed of charge of securities | 1 property | 16/03/2004 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC as Agent for the Banks and as Security Trustee for the Financeparties (The Agent) | Charge of interest in limited partnership | 1 property | 15/03/2004 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC as Agent for the Banks and as Security Trustee for the Financeparties | Deed of charge of securities | 1 property | 15/03/2004 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC in Its Capacity as Agent for the Banks and as Security Trustefor the Finance Parties (Secured Party) | Agreement of confirmation of security arrangements | 1 property | 22/12/2003 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | A standard security which was presented for registration in scotland on 26 june 2003 dated 24 june 2003 and | 2 properties | 23/06/2003 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | A standard security which was presented for registration in scotland on 26 june 2003 dated 24 june 2003 and | 1 property | 23/06/2003 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC as Agent for the Banks and as Security Trustee for the Financeparties | A charge of interest in limited partnership | 1 property | 24/01/2003 | 25/08/2006 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC as Agent for the Banks and as Security Trustee for the Financeparties | A deed of charge of securities | 1 property | 30/09/2002 | — | |
| outstanding | Wurttembergische Hypothekenbank Aktiengesellschaft | Security agreement between the chargor, and wurttembergische hypothekenbank aktiengesellschaft | 1 property | 19/06/2001 | — | |
| outstanding | Wurttembergische Hypothekenbank Aktiengesellschaft | Security agreement between the chargor, the headrow limited partnership limited and headrow general partner limited and wurttembergische hypothekenbank aktiengesellschaft | 1 property | 19/06/2001 | — | |
| outstanding | Bayerische Hypo-Und Vereinsbank Aktiengesellschaft ("the Agent") | Supplemental mortgage of shares | 1 property | 06/09/2000 | — | |
| outstanding | Bayerische Hypo-Und Vereinsbank Aktiengesellschaft ("the Agent") | Supplemental mortgage of shares | 1 property | 06/09/2000 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Deposit agreement | 1 property | 26/07/1999 | — | |
| outstanding | Bayerische Hypotheken-Und Wechsel-Bank Aktiengesellschaft Defined) and the Counterparty (As Defined)as Agent and Trustee for the Finance Parties (As | Mortgage of shares | 1 property | 05/01/1996 | — | |
| outstanding | The United Bank of Kuwait as Agent and Trustee for the Finance Parties and the Counterparty The United Bank of Kuwait PLC as Agent and Trustee for the Finance Parties and the Counterparty | Mortgage of shares | 1 property | 05/01/1996 | — | |
| satisfied | The Trustees of the National Deposit Friendly Society | Charge | 1 property | 28/02/1985 | 22/04/1994 | |
| satisfied | Barclays Barclays Bank PLC | Letter of charge | 1 property | 12/08/1983 | 22/04/1994 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (191 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-18
accounts-with-accounts-type-dormant
accounts · AA
2026-02-07
appoint-person-director-company-with-name-date
officers · AP01
2025-08-05
termination-director-company-with-name-termination-date
officers · TM01
2025-08-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-12
accounts-with-accounts-type-dormant
accounts · AA
2025-04-01
appoint-person-director-company-with-name-date
officers · AP01
2024-08-07
termination-director-company-with-name-termination-date
officers · TM01
2024-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-07
appoint-person-director-company-with-name-date
officers · AP01
2024-05-03
termination-director-company-with-name-termination-date
officers · TM01
2024-05-03
accounts-with-accounts-type-dormant
accounts · AA
2024-03-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-09
appoint-person-director-company-with-name-date
officers · AP01
2023-06-02
termination-director-company-with-name-termination-date
officers · TM01
2023-06-02