BOLCORMAR LIMITED
Opportunity 73/100 (strong), bankability 77/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
9 live charges · 5 lenders · oldest 24.2y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 24.2 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
- • 1 accounts
Corporate timeline (62 events)Click to expand
- 2026-05-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-04🔓Charge satisfied #9
- 2025-03-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-29📄change-person-director-company-with-change-dateofficers · CH01
- 2021-04-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2020-11-25📄resolutionresolution · RESOLUTIONS
- 2020-11-25📄memorandum-articlesincorporation · MA
- 2020-11-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-11-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-11-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-11-10🔓Charge satisfied #8
- 2020-11-10🔓Charge satisfied #6
- 2020-11-06🔒Charge registered #9Lender: Tc Loans (Cbils) Limited (as Security Trustee)
- 2020-10-02📄accounts-with-accounts-type-smallaccounts · AA
- 2020-01-21📄auditors-resignation-companyauditors · AUD
- 2019-10-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-10-02🔒Charge registered #8Lender: Praetura Commercial Finance Limited
- 2019-06-28📄accounts-with-accounts-type-smallaccounts · AA
- 2019-04-11🔓Charge satisfied #7
- 2018-12-19🔓Charge satisfied #5
- 2018-09-20➖FLETCHER, Michael James resigneddirector
- 2016-11-14➖CROTTY, Michael Patrick resigneddirector
- 2016-04-01➖O'REILLY, Peadar James resigneddirector
- 2015-07-31➕TANNAHILL, William Boyd appointeddirector
- 2015-04-28➖SUTTON, Paul resigneddirector
- 2014-07-15➕CROTTY, Michael Patrick appointeddirector
- 2014-07-15➕FLETCHER, Michael James appointeddirector
- 2014-07-15➖LAWSON, Barbara resigneddirector
- 2014-07-15➕O'REILLY, Peadar James appointeddirector
- 2014-07-15🔒Charge registered #7Lender: Centric Spv 1 Limited
- 2014-07-15🔒Charge registered #6Lender: The Greater Manchester Combined Authority
- 2014-07-15🔓Charge satisfied #3
- 2014-06-19🔒Charge registered #5Lender: National Westminster Bank PLC
- 2013-02-19🔓Charge satisfied #4
- 2013-02-19🔓Charge satisfied #2
- 2013-02-19🔓Charge satisfied #1
- 2009-11-17➖HASLAM, Heather resignedsecretary
- 2009-11-17➖HASLAM, Heather resigneddirector
- 2009-06-12🔒Charge registered #4Lender: National Westminster Bank PLC
- 2006-10-13➖DICKSON, Patricia Jean resignedsecretary
- 2006-10-13➕HASLAM, Heather appointedsecretary
- 2006-10-13➖DICKSON, Andrew Michael resigneddirector
- 2006-10-13➖DICKSON, Patricia Jean resigneddirector
- 2006-10-13🔒Charge registered #3Lender: National Westminster Bank PLC
- 2006-04-24🔒Charge registered #2Lender: National Westminster Bank PLC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 25 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 ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Strandhall Management Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Strandhall Management Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (1 active · 12 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Tc Loans (Cbils) (as Security Trustee) Tc Loans (Cbils) Limited (as Security Trustee) | A registered charge | 3 properties | 06/11/2020 | 04/06/2025 | |
| satisfied | Praetura Commercial Finance Praetura Commercial Finance Limited | A registered charge | 13 properties | 02/10/2019 | 10/11/2020 | |
| satisfied | Centric Spv 1 Centric Spv 1 Limited | A registered charge | 9 properties | 15/07/2014 | 11/04/2019 | |
| satisfied | The Greater Manchester Combined Authority | A registered charge | — | 15/07/2014 | 10/11/2020 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 19/06/2014 | 19/12/2018 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Charge of deposit | 1 property | 12/06/2009 | 19/02/2013 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 13/10/2006 | 15/07/2014 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Charge of deposit | 1 property | 24/04/2006 | 19/02/2013 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Charge of deposit | 1 property | 25/03/2002 | 19/02/2013 |