2 CLARENCE SQUARE (CHELTENHAM) LIMITED

💤Zombieactive
02517058 · ltd · incorporated 1990-06-29
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
year to Dec 2024
Net worth
£5
book net assets
Opportunity
78/100
Strong
🔔
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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 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (68/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
15 officers (2 active, 15 linked, 9 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
114 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £5

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£5
~ YoY
Current Assets
Current Liabilities
£0£1£2£3£4£5Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£5£5
Net assets£5£5

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
  1. 2025-07-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-07-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-06-21
    DIXON, Matthew Lees resigned
    director
  4. 2024-10-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-04-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-04-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2023-04-17
    CADMAN, Christine, Dr appointed
    director
  8. 2022-07-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-07-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-06-21
    BURSON, Stephen Paul resigned
    director
  11. 2022-01-06
    SECOMBE, Caroline resigned
    director
  12. 2022-01-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2021-07-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-07-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-04-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2018-04-24
    SECOMBE, Caroline appointed
    director
  19. 2017-12-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2017-09-08
    ROWNTREE, Martin resigned
    director
  21. 2017-09-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2017-09-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  23. 2017-07-13
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  24. 2015-08-11
    ROWNTREE, Martin appointed
    director
  25. 2014-07-16
    BURSON, Stephen Paul appointed
    director
  26. 2014-03-21
    RICHARDSON, Helen Mary resigned
    secretary
  27. 2014-03-21
    RICHARDSON, Helen Mary resigned
    director
  28. 2012-06-11
    RICHARDSON, Helen Mary appointed
    director
  29. 2011-07-01
    CMG LEASEHOLD MANAGEMENT LTD appointed
    corporate-secretary
  30. 2011-01-31
    THE FLAT MANAGERS LIMITED resigned
    corporate-secretary
  31. 2010-07-23
    JACKSON, Simon David resigned
    director
  32. 2003-07-14
    MCCALL, Karen resigned
    secretary
  33. 2003-07-14
    GRIFFITHS, Sarah Louise resigned
    director
  34. 2003-06-21
    THE FLAT MANAGERS LIMITED appointed
    corporate-secretary
  35. 2003-06-21
    DIXON, Matthew Lees appointed
    director
  36. 2003-06-21
    JACKSON, Simon David appointed
    director
  37. 2002-10-01
    RICHARDSON, Helen Mary appointed
    secretary
  38. 1998-05-20
    MCCALL, Karen appointed
    secretary
  39. 1998-05-20
    GRIFFITHS, Sarah Louise appointed
    director
  40. 1998-05-11
    ADAMS, Haydn Neil resigned
    director
  41. 1998-04-24
    LEA, Jonathan Richard David resigned
    secretary
  42. 1991-09-03
    HAINES, Caroline resigned
    secretary
  43. 1991-09-03
    LEA, Jonathan Richard David appointed
    secretary
  44. 1990-06-29
    🏢
    Company incorporated
    As 2 CLARENCE SQUARE (CHELTENHAM) LIMITED

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 36 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

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

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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
Incorporated1990-06-29
Jurisdictionengland-wales
Primary SIC98000 — Residents property management

Registered office

134 Cheltenham Road
Longlevens
Gloucester
Gloucestershire
GL2 0LY

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-13
Last: 2025-06-29

Officers (2 active · 13 resigned)

CMG LEASEHOLD MANAGEMENT LTD
corporate-secretary · appointed 2011-07-01
View their other companies + combined net worth →
Active
CADMAN, Christine, Dr
director · ~60y · appointed 2023-04-17
View their other companies + combined net worth →
Active
HAINES, Caroline
secretary · resigned 1991-09-03
Resigned
LEA, Jonathan Richard David
secretary · appointed 1991-09-03 · resigned 1998-04-24
Resigned
MCCALL, Karen
secretary · appointed 1998-05-20 · resigned 2003-07-14
Resigned
RICHARDSON, Helen Mary
secretary · appointed 2002-10-01 · resigned 2014-03-21
Resigned
THE FLAT MANAGERS LIMITED
corporate-secretary · appointed 2003-06-21 · resigned 2011-01-31
Resigned
ADAMS, Haydn Neil
director · ~67y · resigned 1998-05-11
Resigned
BURSON, Stephen Paul
director · ~52y · appointed 2014-07-16 · resigned 2022-06-21
Resigned
DIXON, Matthew Lees
director · ~57y · appointed 2003-06-21 · resigned 2025-06-21
Resigned
GRIFFITHS, Sarah Louise
director · ~56y · appointed 1998-05-20 · resigned 2003-07-14
Resigned
JACKSON, Simon David
director · ~52y · appointed 2003-06-21 · resigned 2010-07-23
Resigned
RICHARDSON, Helen Mary
director · ~53y · appointed 2012-06-11 · resigned 2014-03-21
Resigned
ROWNTREE, Martin
director · ~45y · appointed 2015-08-11 · resigned 2017-09-08
Resigned
SECOMBE, Caroline
director · ~65y · appointed 2018-04-24 · resigned 2022-01-06
Resigned

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

Recent filings (114 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-04
termination-director-company-with-name-termination-date
officers · TM01
2025-07-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-20
appoint-person-director-company-with-name-date
officers · AP01
2023-04-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-20
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-13
termination-director-company-with-name-termination-date
officers · TM01
2022-07-04
termination-director-company-with-name-termination-date
officers · TM01
2022-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-13
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-02