BUTCHERS ARMS (NORTH KELSEY) LIMITED

🌳Matureactive
03211619 · ltd · incorporated 1996-06-13
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 25.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£-16.8k
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 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

1 live charge · oldest 25.3y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 25.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — 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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 5 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
91 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £16,785

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£17k
↑ 63% YoY
Current Assets
£29k
↓ 1.0% YoY
Current Liabilities
—
-£45k-£30k-£16k-£565£14k£29kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-06-302024-06-30
Total assets£105.8k£107.1k
Current assets£29.0k£29.3k
Net assets£-16.8k£-45.4k

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

🔒Filing-note intelligence

1 signal 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
0
filings
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-03-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-02-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2024-02-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-02-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-02-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-02-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-02-09
    ➖
    WOOD, John Levick resigned
    director
  10. 2024-02-09
    ➖
    WOOD, Paul Anthony resigned
    director
  11. 2024-02-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2024-02-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2023-03-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2022-03-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-03-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2020-09-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2020-03-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2019-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2011-03-30
    ➖
    WOOD, Thomas Mark resigned
    director
  20. 2001-03-28
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  21. 1996-07-10
    ➕
    WOOD, Judith Elizabeth appointed
    director
  22. 1996-06-17
    ➕
    WOOD, John Levick appointed
    director
  23. 1996-06-17
    ➕
    WOOD, Paul Anthony appointed
    director
  24. 1996-06-17
    ➕
    WOOD, Thomas Mark appointed
    director
  25. 1996-06-13
    🏢
    Company incorporated
    As BUTCHERS ARMS (NORTH KELSEY) LIMITED
  26. 1996-06-13
    ➕
    WOOD, Judith Elizabeth appointed
    secretary
  27. 1996-06-13
    ➕
    WOOD, Ian David appointed
    director
  28. 1996-06-13
    ➕
    LONDON LAW SECRETARIAL LIMITED appointed
    corporate-nominee-secretary
  29. 1996-06-13
    ➖
    LONDON LAW SECRETARIAL LIMITED resigned
    corporate-nominee-secretary
  30. 1996-06-13
    ➕
    LONDON LAW SECRETARIAL LIMITED appointed
    corporate-nominee-director
  31. 1996-06-13
    ➖
    LONDON LAW SECRETARIAL LIMITED resigned
    corporate-nominee-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 72 — 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 72 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 30 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

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Judith Elizabeth Wood
Individual · British · DOB 03/1954 · age 72
25–50%
25–50%board control25-50% shares · 25-50% voting · board control09/02/2024
Mr Ian David Wood
Individual · British · DOB 02/1955 · age 71
25–50%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence · firm interest07/04/2016

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 · Hospitality · LN postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BARNEY'S CHURROS LTD→
14355943 · est 2022 · no financials extracted
————3y——
BELLCASTLE EVENTS LTD→
15594679 · est 2024 · no financials extracted
————2y——
BELLCASTLE HOSPITALITY LTD→
13910881 · est 2022 · no financials extracted
————4y——
BENTLEYS HOLIDAY HOMES LIMITED→
15189033 · est 2023 · no financials extracted
————2y——
BOOTLEG BARS LIMITED→
09359114 · est 2014 · no financials extracted
————11y——
BRACEBRIDGE TANDOORI LTD→
15609608 · est 2024 · no financials extracted
————2y——
BRANT LOWFIELD LTD→
16909925 · est 2025 · no financials extracted
———————
BURTONLN LTD→
17117139 · est 2026 · no financials extracted
———————
BUTCHER & BEAST (LINCOLN) LIMITED→
16090511 · est 2024 · no financials extracted
————1y——
BYRON HOSPITALITY LTD→
15950191 · est 2024 · no financials extracted
————1y——
CAFE 81 (BIRCOTES) LIMITED→
15723667 · est 2024 · no financials extracted
————1y——
CAFFE PORTICO LIMITED→
15294421 · est 2023 · no financials extracted
————2y——
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
Incorporated1996-06-13
Jurisdictionengland-wales
Primary SIC56302 — Public houses and bars

Registered office

The Manor Halls Lane
North Kelsey
Market Rasen
Lincolnshire
LN7 6EG
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-03-06
Last: 2026-02-20

Officers (3 active · 5 resigned)

WOOD, Judith Elizabeth→
secretary · appointed 1996-06-13
View their other companies + combined net worth →
Active
WOOD, Ian David→
director · ~71y · appointed 1996-06-13
View their other companies + combined net worth →
Active
WOOD, Judith Elizabeth→
director · ~72y · appointed 1996-07-10
View their other companies + combined net worth →
Active
LONDON LAW SECRETARIAL LIMITED→
corporate-nominee-secretary · appointed 1996-06-13 · resigned 1996-06-13
Resigned
WOOD, John Levick→
director · ~73y · appointed 1996-06-17 · resigned 2024-02-09
Resigned
WOOD, Paul Anthony→
director · ~69y · appointed 1996-06-17 · resigned 2024-02-09
Resigned
WOOD, Thomas Mark→
director · ~62y · appointed 1996-06-17 · resigned 2011-03-30
Resigned
LONDON LAW SECRETARIAL LIMITED→
corporate-nominee-director · appointed 1996-06-13 · resigned 1996-06-13
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal mortgage2 properties28/03/2001—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (91 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-16
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-02-19
change-person-director-company-with-change-date
officers · CH01
2024-02-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-19
termination-director-company-with-name-termination-date
officers · TM01
2024-02-19
termination-director-company-with-name-termination-date
officers · TM01
2024-02-19
change-person-director-company-with-change-date
officers · CH01
2024-02-09
change-person-director-company-with-change-date
officers · CH01
2024-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-21