BUSINESS & LEISURE OPTIONS LIMITED

⚰️Wound downdissolved
02833726 · ltd · incorporated 1993-07-06
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: SIC 7011
Sector: Professional, scientific & technical
ALSO REGISTERED FOR
  • 7012SIC 7012
  • 7020SIC 7020
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 52/100. Strong seller-intent signal (78/100, director aged 79). Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 29.7y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 29.7 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: low (48/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 7 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

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 (50 events)Click to expand
  1. 2013-06-18
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  2. 2013-06-18
    🏁
    Company dissolved
  3. 2013-03-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2011-08-12
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  5. 2011-08-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2010-07-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  7. 2010-07-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2010-06-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  9. 2010-04-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2009-07-07
    📄
    legacy
    annual-return · 363a
  11. 2008-07-09
    📄
    legacy
    annual-return · 363a
  12. 2008-05-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2007-07-11
    📄
    legacy
    annual-return · 363a
  14. 2007-06-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2006-07-13
    📄
    legacy
    annual-return · 363s
  16. 2006-07-13
    📄
    legacy
    annual-return · 363(287)
  17. 2006-07-13
    📄
    legacy
    annual-return · 363(353)
  18. 2006-05-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2006-01-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2005-10-18
    📍
    legacy
    address · 287
  21. 2005-07-18
    📄
    legacy
    annual-return · 363s
  22. 2004-07-13
    📄
    legacy
    annual-return · 363s
  23. 2004-06-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  24. 2004-03-19
    📄
    legacy
    officers · 288b
  25. 2004-03-18
    📄
    legacy
    mortgage · 395
  26. 2004-03-10
    🔒
    Charge registered #5
    Lender: Gordon Trevor Dickerson and Pamela Joan Dickerson
  27. 2004-01-28
    LYGOE, Jeffrey Peter resigned
    director
  28. 2003-09-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  29. 2002-11-05
    🔒
    Charge registered #4
    Lender: The Secretary of State for Defence
  30. 2001-02-22
    🔓
    Charge satisfied #1
  31. 2000-09-20
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  32. 1999-12-13
    DICKERSON, Gordon Trevor appointed
    director
  33. 1999-12-13
    LYGOE, Jeffrey Peter appointed
    director
  34. 1999-11-23
    PLACE, Timothy Margetson resigned
    director
  35. 1999-04-16
    DICKERSON, Pamela Joan appointed
    secretary
  36. 1999-04-16
    PIKE, Richard James resigned
    secretary
  37. 1999-04-16
    HAMMOND, Kenneth George resigned
    director
  38. 1999-04-16
    PIKE, Richard James resigned
    director
  39. 1996-10-01
    🔒
    Charge registered #2
    Lender: The Secretary of State for Defence
  40. 1996-09-06
    DICKERSON, Pamela Joan appointed
    director
  41. 1996-09-06
    PIKE, Sally Frances resigned
    director
  42. 1996-09-06
    🔒
    Charge registered #1
    Lender: Timchris Farms Limited
  43. 1996-05-03
    HAMMOND, Kenneth George appointed
    director
  44. 1996-05-03
    PIKE, Richard James appointed
    director
  45. 1996-05-03
    PLACE, Timothy Margetson appointed
    director
  46. 1993-07-06
    🏢
    Company incorporated
    As BUSINESS & LEISURE OPTIONS LIMITED
  47. 1993-07-06
    PIKE, Richard James appointed
    secretary
  48. 1993-07-06
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  49. 1993-07-06
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  50. 1993-07-06
    PIKE, Sally Frances appointed
    director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 33 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 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2013-06-18

🔒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

9 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

Statusdissolved
Typeltd
Incorporated1993-07-06
Jurisdictionengland-wales
Primary SIC7011 — SIC 7011

Registered office

2 Noverre House
14 Theatre Street
Norwich
Norfolk
NR2 1RG

Filing status

Accounts
Next due:
Last made up to: 2009-07-31
Confirmation statement
Next due:
Last:

Officers (0 active · 7 resigned)

DICKERSON, Pamela Joan
secretary · appointed 1999-04-16
View their other companies + combined net worth →
Active
DICKERSON, Gordon Trevor
director · ~79y · appointed 1999-12-13
View their other companies + combined net worth →
Active
DICKERSON, Pamela Joan
director · ~78y · appointed 1996-09-06
View their other companies + combined net worth →
Active
PIKE, Richard James
secretary · appointed 1993-07-06 · resigned 1999-04-16
Resigned
SWIFT INCORPORATIONS LIMITED
corporate-nominee-secretary · appointed 1993-07-06 · resigned 1993-07-06
Resigned
HAMMOND, Kenneth George
director · ~87y · appointed 1996-05-03 · resigned 1999-04-16
Resigned
LYGOE, Jeffrey Peter
director · ~80y · appointed 1999-12-13 · resigned 2004-01-28
Resigned
PIKE, Richard James
director · ~80y · appointed 1996-05-03 · resigned 1999-04-16
Resigned
PIKE, Sally Frances
director · ~72y · appointed 1993-07-06 · resigned 1996-09-06
Resigned
PLACE, Timothy Margetson
director · ~63y · appointed 1996-05-03 · resigned 1999-11-23
Resigned

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

Mortgages & charges

5
Total charges
4
Outstanding
3
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Gordon Trevor Dickerson and Pamela Joan Dickerson
Legal charge1 property10/03/2004
outstanding
The Secretary of State for Defence
Deed of rectification and charge2 properties05/11/2002
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property20/09/2000
outstanding
The Secretary of State for Defence
Deed1 property01/10/1996
satisfied
Timchris Farms
Timchris Farms Limited
Legal charge1 property06/09/199622/02/2001
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (74 total)

gazette-dissolved-compulsory
gazette · GAZ2
2013-06-18
gazette-notice-compulsory
gazette · GAZ1
2013-03-05
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2011-08-12
gazette-notice-compulsory
gazette · GAZ1
2011-08-02
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-07-13
change-person-director-company-with-change-date
officers · CH01
2010-07-13
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-06-25
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-04-20
legacy
annual-return · 363a
2009-07-07
legacy
annual-return · 363a
2008-07-09
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-05-29
legacy
annual-return · 363a
2007-07-11
accounts-with-accounts-type-total-exemption-small
accounts · AA
2007-06-07
legacy
annual-return · 363s
2006-07-13
legacy
annual-return · 363(287)
2006-07-13