BASECOURSE LIMITED
🌳Matureactive
02560366 · ltd · incorporated 1990-11-20
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 35.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£206.2k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Residents property management
Sector: Activities of households
Investor take
PursueAsset-holding vehicle. Family succession underway — not a classic acquisition target.
Opportunity 79/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
12 live charges · oldest 35.2y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 35.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)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
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 5 with DOB)
84
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
119 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
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £206,185
Net assets shrinking
Down £4,675 YoY
Cash YoY
+726%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£6k
↑ 726% YoY
Net Worth
£206k
↓ 2.2% YoY
Current Assets
£7k
↑ 366% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £272.0k | £315.0k |
| Current assets | £6.9k | £1.5k |
| Cash | £6.3k | £757 |
| Debtors | £669 | £727 |
| Net assets | £206.2k | £210.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
3
filings
- • 1 gazette
- • 1 confirmation-statement
- • 1 officers
Last 180 days
5
filings
- • 2 gazette
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
- 2026-03-28📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-03-27📄replacement-filing-of-director-appointment-with-nameofficers · RP01AP01
- 2026-03-17📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2026-03-03📄gazette-notice-compulsorygazette · GAZ1
- 2025-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-10-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-10-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-10-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-10-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-10-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-10-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-10-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-10-23🔓Charge satisfied #10
- 2023-10-23🔓Charge satisfied #7
- 2023-10-23🔓Charge satisfied #6
- 2023-10-23🔓Charge satisfied #5
- 2023-10-23🔓Charge satisfied #4
- 2023-10-23🔓Charge satisfied #3
- 2023-10-23🔓Charge satisfied #2
- 2023-10-23🔓Charge satisfied #1
- 2023-03-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-11-05➕CLIFF, Kristian appointeddirector
- 2020-11-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-03-30➖CLIFF, Simon resigneddirector
- 2015-06-09🔒Charge registered #12Lender: Barclays Bank PLC
- 2015-05-11🔒Charge registered #11Lender: Barclays Bank PLC
- 2010-05-01➖CLIFF, Julian resigneddirector
- 2007-11-09➕CLIFF, Mary Elizabeth appointedsecretary
- 2007-11-09➖CLIFF, Simon resignedsecretary
- 2006-06-19🔒Charge registered #10Lender: Barclays Bank PLC
- 2003-11-01➕CLIFF, Mary Elizabeth appointeddirector
- 2002-05-01➕CLIFF, Joseph appointeddirector
- 2002-02-08🔒Charge registered #9Lender: Barclays Bank PLC
- 2002-02-08🔒Charge registered #8Lender: Barclays Bank PLC
- 1992-06-22🔒Charge registered #7Lender: Barclays Bank PLC
- 1992-06-22🔒Charge registered #6Lender: Barclays Bank PLC
- 1992-06-22🔒Charge registered #5Lender: Barclays Bank PLC
- 1992-06-22🔒Charge registered #4Lender: Barclays Bank PLC
- 1991-04-02🔒Charge registered #3Lender: Barclays Bank PLC
- 1991-04-02🔒Charge registered #2Lender: Barclays Bank PLC
- 1991-04-02🔒Charge registered #1Lender: Barclays Bank PLC
- 1990-11-20🏢Company incorporatedAs BASECOURSE LIMITED
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 82 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFamily succession underway: Not a takeover target — CLIFF, Kristian (same surname) appointed 2021-11-05. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 36 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 ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Mary Elizabeth Cliff Individual · British · DOB 07/1949 · age 77 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
Mr Joseph Cliff Individual · British · DOB 05/1944 · age 82 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 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 · Holding company · SR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ARMOUR HOLDINGS LIMITED→ 12143724 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ARRIVA BUS & COACH HOLDINGS LIMITED→ 00502322 · est 1951 · no financials extracted | — | — | — | — | 74y | — | — |
| ARRIVA HOLDCO LIMITED→ 15148608 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARRIVA INTERNATIONAL GROUP LIMITED→ 15148687 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARRIVA MIDCO LIMITED→ 15148519 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARRIVA MOTOR HOLDINGS LIMITED→ 02368266 · est 1989 · no financials extracted | — | — | — | — | 37y | — | — |
| ASHBROOKE HALL FREEHOLD MANAGEMENT LIMITED→ 11345476 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ASHMORE HOUSE MANAGEMENT LIMITED→ 09496481 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ASSET ORGANISATION LTD→ 09717925 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AUTOMOTIVE FINANCE ASSOCIATES LTD→ 10658707 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| BEACON DRIVE RESIDENTS ASSOCIATION LIMITED→ 05629815 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| BEDE BROOK RESIDENTS LIMITED→ 07655015 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
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
Incorporated1990-11-20
Jurisdictionengland-wales
Primary SIC98000 — Residents property management
Registered office
57 Woodville Crescent,
Sunderland.
SR4 8QG
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-04
Last: 2025-11-20
Officers (4 active · 3 resigned)
CLIFF, Mary Elizabeth→
Activesecretary · appointed 2007-11-09
View their other companies + combined net worth →
CLIFF, Joseph→
Activedirector · ~82y · appointed 2002-05-01
View their other companies + combined net worth →
CLIFF, Kristian→
Activedirector · ~53y · appointed 2021-11-05
View their other companies + combined net worth →
CLIFF, Mary Elizabeth→
Activedirector · ~77y · appointed 2003-11-01
View their other companies + combined net worth →
CLIFF, Simon→
Resignedsecretary · resigned 2007-11-09
CLIFF, Julian→
Resigneddirector · ~54y · resigned 2010-05-01
CLIFF, Simon→
Resigneddirector · ~56y · resigned 2017-03-30
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
4
Outstanding
1
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | A registered charge | 1 property | 09/06/2015 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 11/05/2015 | — | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 19/06/2006 | 23/10/2023 | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 08/02/2002 | — | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 08/02/2002 | — | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 22/06/1992 | 23/10/2023 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 22/06/1992 | 23/10/2023 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 22/06/1992 | 23/10/2023 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 22/06/1992 | 23/10/2023 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 02/04/1991 | 23/10/2023 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 02/04/1991 | 23/10/2023 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 02/04/1991 | 23/10/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (119 total)
gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-27
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2026-03-27
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-03-17
gazette-notice-compulsory
gazette · GAZ1
2026-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-27
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-23
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-23
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-23
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-23
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-23