BUTCHER'S PET CARE LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 78/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 12 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (53/100).
Refinance opportunity
21 live charges · 12 lenders · oldest 24.4y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 24.4 years old — likely at or near maturity.
- · 12 lenders named — inter-creditor friction likely.
- · Legal-friction score 53/100 (high).
Data confidence
Overall: medium (60/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 2 accounts
- • 2 accounts
Corporate timeline (117 events)Click to expand
- 2026-04-24📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2026-03-28📄accounts-with-accounts-type-fullaccounts · AA
- 2025-12-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-01🔒Charge registered #21Lender: Alter Domus Trustees (UK) Limited, as Security Agent for Itself and the Other Secured Parties (as Defined in the Instrument)
- 2025-10-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-09🔓Charge satisfied #17
- 2025-08-06📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-20📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2025-05-06📄accounts-with-accounts-type-groupaccounts · AA
- 2025-04-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-15🔒Charge registered #20Lender: Credit Agricole Leasing & Factoring
- 2025-04-15🔒Charge registered #19Lender: Credit Agricole Leasing & Factoring
- 2025-04-14🔒Charge registered #18Lender: Credit Agricole Leasing & Factoring
- 2024-12-31➖COLLINSON, Rachel resigneddirector
- 2024-12-31➖FORD, Benjamin Giles resigneddirector
- 2024-12-31➖WATSHAM, Timothy James resigneddirector
- 2024-12-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-09📄memorandum-articlesincorporation · MA
- 2024-12-09📄resolutionresolution · RESOLUTIONS
- 2024-12-05📄capital-name-of-class-of-sharescapital · SH08
- 2024-12-05📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2024-12-05📄capital-alter-shares-subdivisioncapital · SH02
- 2024-11-13📄memorandum-articlesincorporation · MA
- 2024-11-13📄resolutionresolution · RESOLUTIONS
- 2024-10-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-28🔒Charge registered #17Lender: Kroll Trustee Services Limited (Formerly Known as Lucid Agency Services Limited) as Security Agent
- 2024-10-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-08🔓Charge satisfied #16
- 2024-10-08🔓Charge satisfied #14
- 2024-10-01➕STONES, Anthony Robert appointeddirector
- 2024-10-01➕VAN BENTHEM, Arthur appointeddirector
- 2024-10-01➖BAKER, Graham William resigneddirector
- 2024-10-01➖EATON, Geoffrey Dennis resigneddirector
- 2024-10-01➖SCOTT, Graham Robert resigneddirector
- 2024-09-25🔓Charge satisfied #15
- 2024-09-03➖RAMSAY, Andrew David resignedsecretary
- 2022-02-09🔓Charge satisfied #13
- 2022-02-09🔓Charge satisfied #12
- 2022-02-09🔓Charge satisfied #11
- 2022-02-01🔒Charge registered #16Lender: Secure Trust Bank PLC
- 2022-02-01🔒Charge registered #15Lender: National Westminster Bank PLC
- 2022-02-01🔒Charge registered #14Lender: Blazehill Capital Finance Limited
- 2021-11-30➖WOOD, Steven John resigneddirector
- 2021-09-03➕RAMSAY, Andrew David appointedsecretary
- 2021-09-03➖TURNER, Chris resignedsecretary
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +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
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- 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 ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Dalton Bidco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Dalton Bidco Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/10/2024 |
1 historic (ceased) PSC
- F W Baker Limitedceased 01/10/2024· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (2 active · 29 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Alter Domus Trustees (UK) , as Security Agent for Itself and the Other Secured Parties (as Defined in the Instrument) Alter Domus Trustees (UK) Limited, as Security Agent for Itself and the Other Secured Parties (as Defined in the Instrument) | A registered charge | — | 01/12/2025 | — | |
| outstanding | Credit Agricole Leasing & Factoring | A registered charge | — | 15/04/2025 | — | |
| outstanding | Credit Agricole Leasing & Factoring | A registered charge | — | 15/04/2025 | — | |
| outstanding | Credit Agricole Leasing & Factoring | A registered charge | — | 14/04/2025 | — | |
| satisfied | Kroll Trustee Services (Formerly Known as Lucid Agency Services ) as Security Agent Kroll Trustee Services Limited (Formerly Known as Lucid Agency Services Limited) as Security Agent | A registered charge | — | 28/10/2024 | 09/10/2025 | |
| satisfied | Secure Trust Bank Secure Trust Bank PLC | A registered charge | — | 01/02/2022 | 08/10/2024 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 01/02/2022 | 25/09/2024 | |
| satisfied | Blazehill Capital Finance Blazehill Capital Finance Limited | A registered charge | 1 property | 01/02/2022 | 08/10/2024 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 21/11/2018 | 09/02/2022 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | A registered charge | — | 21/11/2018 | 09/02/2022 | |
| satisfied | Lombard North Central Lombard North Central PLC | A registered charge | — | 19/11/2018 | 09/02/2022 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 02/07/2010 | 04/12/2018 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 19/05/2010 | 27/11/2018 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | An omnibus guarantee and set-off agreement | 1 property | 19/05/2010 | 27/11/2018 | |
| satisfied | Legal and General Assurance (Pensions Management) Legal and General Assurance (Pensions Management) Limited | Deed of charge | 1 property | 12/04/2010 | 05/01/2016 | |
| satisfied | Barclays Barclays Bank PLC | Mortgage | 1 property | 23/02/2006 | 11/03/2011 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 03/01/2006 | 03/07/2010 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 20/09/2004 | 21/06/2007 | |
| satisfied | Barclays Barclays Bank PLC | Mortgage | 1 property | 30/04/2004 | 11/01/2008 | |
| satisfied | Barclays Barclays Bank PLC | Mortgage | 1 property | 03/02/2004 | 11/01/2008 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 29/01/2002 | 29/06/2007 |