LISCOMBE BUSINESS PARK LIMITED

🌳Matureactive
04612362 · ltd · incorporated 2002-12-09
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£4.78M
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 70-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

7 live charges · 3 lenders · oldest 23.2y

15/100
under pressure

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

  • · Oldest live charge is 23.2 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
11 officers (2 active, 11 linked, 7 with DOB)
83
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
105 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
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
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 · FRS 102
Positive net assets
Net assets £4,780,095
Cash YoY
-20%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£91k
↓ 20% YoY
Net Worth
£4.8m
~ YoY
Current Assets
£1.7m
↓ 8.1% YoY
Current Liabilities
£0£956k£1.9m£2.9m£3.8m£4.8mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£8.44M£8.40M
Current assets£1.73M£1.88M
Cash£91.1k£113.3k
Debtors£1.64M£1.76M
Net assets£4.78M£4.75M

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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
  1. 2025-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-03-19
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2018-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-01-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2018-01-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2018-01-09
    🔓
    Charge satisfied #5
  13. 2018-01-09
    🔓
    Charge satisfied #4
  14. 2017-12-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2017-12-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2017-12-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  17. 2017-12-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  18. 2017-12-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2017-12-20
    🔒
    Charge registered #6
    Lender: National Westminster Bank PLC
  20. 2017-12-19
    HAWKINS, John appointed
    director
  21. 2017-12-19
    WILLIAMS, Richard appointed
    director
  22. 2017-12-19
    BRAZIER, Peter Charles resigned
    secretary
  23. 2017-12-19
    BRAZIER, Peter Charles resigned
    director
  24. 2017-12-19
    TONNISON, John Geoffrey David resigned
    director
  25. 2017-12-19
    🔒
    Charge registered #7
    Lender: National Westminster Bank PLC
  26. 2016-04-01
    🔓
    Charge satisfied #3
  27. 2016-04-01
    🔓
    Charge satisfied #2
  28. 2013-09-26
    🔒
    Charge registered #5
    Lender: Lloyds Tsb Bank PLC
  29. 2013-08-16
    🔒
    Charge registered #4
    Lender: Lloyds Tsb Bank PLC
  30. 2011-12-07
    BRAZIER, Daniel Charles resigned
    director
  31. 2011-12-07
    BRAZIER, Peter Charles appointed
    director
  32. 2008-03-02
    BRAZIER, Peter Charles appointed
    secretary
  33. 2008-03-01
    RUFFLE, David resigned
    secretary
  34. 2007-06-07
    BRAZIER, Roy Charles Edward resigned
    director
  35. 2007-06-07
    TONNISON, John Geoffrey David appointed
    director
  36. 2004-10-04
    🔓
    Charge satisfied #1
  37. 2003-10-28
    BRAZIER, Daniel Charles resigned
    secretary
  38. 2003-10-28
    RUFFLE, David appointed
    secretary
  39. 2003-05-02
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  40. 2003-05-02
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  41. 2003-03-26
    🔒
    Charge registered #1
    Lender: Close Brothers Limited
  42. 2002-12-09
    🏢
    Company incorporated
    As LISCOMBE BUSINESS PARK LIMITED
  43. 2002-12-09
    ALLY, Bibi Rahima appointed
    nominee-secretary
  44. 2002-12-09
    ALLY, Bibi Rahima resigned
    nominee-secretary
  45. 2002-12-09
    BRAZIER, Daniel Charles appointed
    secretary
  46. 2002-12-09
    BRAZIER, Daniel Charles appointed
    director
  47. 2002-12-09
    BRAZIER, Roy Charles Edward appointed
    director
  48. 2002-12-09
    COLLETT, Brian appointed
    nominee-director
  49. 2002-12-09
    COLLETT, Brian resigned
    nominee-director

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

76/100
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 70 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Starnes Estates Limited
Corporate parent · holds 25-50% shares
significant stake
🏛️
Falcon Realty Limited
Corporate parent · holds 25-50% shares
significant stake
LISCOMBE BUSINESS PARK LIMITED
This company · 04612362

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Starnes Estates Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting19/12/2017
Falcon Realty Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting19/12/2017
2 historic (ceased) PSCs
  • Mr Peter Charles Brazierceased 19/12/2017· 25-50% shares
  • Mr John Geoffrey David Tonnisonceased 19/12/2017· 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 →

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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
Incorporated2002-12-09
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

1 Lonsdale Gardens
Tunbridge Wells
TN1 1NU
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-02
Last: 2026-03-19

Officers (2 active · 9 resigned)

HAWKINS, John
director · ~70y · appointed 2017-12-19
View their other companies + combined net worth →
Active
WILLIAMS, Richard
director · ~62y · appointed 2017-12-19
View their other companies + combined net worth →
Active
ALLY, Bibi Rahima
nominee-secretary · appointed 2002-12-09 · resigned 2002-12-09
Resigned
BRAZIER, Daniel Charles
secretary · appointed 2002-12-09 · resigned 2003-10-28
Resigned
BRAZIER, Peter Charles
secretary · appointed 2008-03-02 · resigned 2017-12-19
Resigned
RUFFLE, David
secretary · appointed 2003-10-28 · resigned 2008-03-01
Resigned
BRAZIER, Daniel Charles
director · ~48y · appointed 2002-12-09 · resigned 2011-12-07
Resigned
BRAZIER, Peter Charles
director · ~67y · appointed 2011-12-07 · resigned 2017-12-19
Resigned
BRAZIER, Roy Charles Edward
director · ~100y · appointed 2002-12-09 · resigned 2007-06-07
Resigned
COLLETT, Brian
nominee-director · ~83y · appointed 2002-12-09 · resigned 2002-12-09
Resigned
TONNISON, John Geoffrey David
director · ~76y · appointed 2007-06-07 · resigned 2017-12-19
Resigned

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

Mortgages & charges

7
Total charges
2
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
A registered charge20/12/2017
outstanding
National Westminster Bank
National Westminster Bank PLC
A registered charge1 property19/12/2017
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
A registered charge1 property26/09/201309/01/2018
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
A registered charge1 property16/08/201309/01/2018
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property02/05/200301/04/2016
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property02/05/200301/04/2016
satisfied
Close Brothers
Close Brothers Limited
Legal charge1 property26/03/200304/10/2004
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (105 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2019-03-22