BUTLERBUS TECHNIK LIMITED

🌳Matureactive

03687075 · ltd · incorporated 1998-12-22

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Aug 2025

Net worth

£296.9k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Retail trade of motor vehicle parts and accessories

Sector: Wholesale & retail

Investor take

Pursue

Asset-holding vehicle with a 64-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (60/100, director aged 64). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -60% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 27.2y

30/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 27.2 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Cashflow trend is negative — lender view likely cautious.

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

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

6 officers (4 active, 6 linked, 3 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

2 connected companies via shared directors

Filing history

78 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £296,941

Net assets shrinking

Down £312,689 YoY

Cash draining

Cash down 60% YoY

Cash YoY

-60%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£252k

↓ 60% YoY

Net Worth

£297k

↓ 51% YoY

Current Assets

£539k

↓ 39% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-08-31	2024-08-31
Total assets	£299.0k	£628.8k
Current assets	£538.6k	£876.2k
Cash	£251.5k	£629.4k
Debtors	£125.3k	£87.3k
Net assets	£296.9k	£609.6k

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (29 events)Click to expand

2026-05-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-09-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-09-19
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-09-19
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-09-19
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-30
➕
VARLOW, Emily appointed
director
2024-08-30
➕
VARLOW, Matthew appointed
director
2024-05-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-22
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-22
🔓
Charge satisfied #2
2024-04-12
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-12
🔓
Charge satisfied #1
2023-05-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-05
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-05-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-05-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-02-26
🔒
Charge registered #2
Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
1999-05-04
🔒
Charge registered #1
Lender: National Westminster Bank PLC
1998-12-22
🏢
Company incorporated
As BUTLERBUS TECHNIK LIMITED
1998-12-22
➕
BUTLER, Wendy Louise appointed
secretary
1998-12-22
➕
BUTLER, David Raymond appointed
director
1998-12-22
➕
LONDON LAW SECRETARIAL LIMITED appointed
corporate-nominee-secretary
1998-12-22
➖
LONDON LAW SECRETARIAL LIMITED resigned
corporate-nominee-secretary
1998-12-22
➕
LONDON LAW SERVICES LIMITED appointed
corporate-nominee-director
1998-12-22
➖
LONDON LAW SERVICES 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

+Founder name in company name: Company name contains director surname "BUTLER" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 64 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
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.)

Group structure

Butler Technik Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Butler Technik Group Ltd

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

BUTLERBUS TECHNIK LIMITED

This company · 03687075

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
Butler Technik Group Ltd Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	30/08/2024

2 historic (ceased) PSCs

Mrs Wendy Louise Butlerceased 30/08/2024· 25-50% shares
Mr David Raymond Butlerceased 30/08/2024· 25-50% shares

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 · Automotive · LN postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A&K CARS LTD→ 17038810 · est 2026 · no financials extracted	—	—	—	—	—	—	—
BARBER'S GARAGE LIMITED→ 06156638 · est 2007 · no financials extracted	—	—	—	—	19y	—	—
BHIUK LIMITED→ 08584501 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
BILLINGHAY GARAGE LTD→ 14718023 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
BODY RESTORE LTD→ 14812982 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
BROMLEY'S VEHICLE SERVICING & REPAIRS LTD→ 07572612 · est 2011 · no financials extracted	—	—	—	—	15y	—	—
BROWNIES BIKE SPARES LIMITED→ 09941472 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
CABSERVE LIMITED→ 05809978 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
CADWELL MOTORCYCLES LTD→ 15344749 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
CAENBY CORNER GARAGE LIMITED→ 01594774 · est 1981 · no financials extracted	—	—	—	—	44y	—	—
CAISTOR CAR AND COMMERCIAL LTD→ 16805092 · est 2025 · no financials extracted	—	—	—	—	—	—	—
CAR PAINT KRIS LTD→ 15716850 · est 2024 · no financials extracted	—	—	—	—	1y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated1998-12-22

Jurisdictionengland-wales

Primary SIC45320 — Retail trade of motor vehicle parts and accessories

Registered office

Aubourn Enterprise Centre Bridge Road

Aubourn

Lincoln

LN5 9FD

England

Filing status

Accounts

Next due: 2027-05-31

Last made up to: 2025-08-31

Confirmation statement

Next due: 2027-04-25

Last: 2026-04-11

Officers (4 active · 2 resigned)

BUTLER, Wendy Louise→

secretary · appointed 1998-12-22

View their other companies + combined net worth →

Active

BUTLER, David Raymond→

director · ~64y · appointed 1998-12-22

View their other companies + combined net worth →

Active

VARLOW, Emily→

director · ~29y · appointed 2024-08-30

View their other companies + combined net worth →

Active

VARLOW, Matthew→

director · ~30y · appointed 2024-08-30

View their other companies + combined net worth →

Active

LONDON LAW SECRETARIAL LIMITED→

corporate-nominee-secretary · appointed 1998-12-22 · resigned 1998-12-22

Resigned

LONDON LAW SERVICES LIMITED→

corporate-nominee-director · appointed 1998-12-22 · resigned 1998-12-22

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	satisfied	Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)	A registered charge	—	26/02/2016	22/04/2024
	satisfied	National Westminster Bank National Westminster Bank PLC	Mortgage debenture	1 property	04/05/1999	12/04/2024

Recent filings (78 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-05-07

confirmation-statement-with-updates

confirmation-statement · CS01

2026-04-29

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-05-28

confirmation-statement-with-updates

confirmation-statement · CS01

2025-04-11

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-01-27

appoint-person-director-company-with-name-date

officers · AP01

2024-09-19

appoint-person-director-company-with-name-date

officers · AP01

2024-09-19

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC02

2024-09-19

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2024-09-19

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2024-09-19

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-05-23

mortgage-satisfy-charge-full

mortgage · MR04

2024-04-22

mortgage-satisfy-charge-full

mortgage · MR04

2024-04-12

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-12-21

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-05-25