CHEPSTOW MARKETS LIMITED
🌳Matureactive
04937661 · ltd · incorporated 2003-10-20
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 47890
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 77/100. Strong seller-intent signal (68/100, director aged 53). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 21.8y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 21.8 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
17 officers (3 active, 17 linked, 11 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
106 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
77
Few red 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 (59 events)Click to expand
- 2025-10-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-10-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-25➕HUNT, Bradley David appointeddirector
- 2022-10-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-02-28➖ROBERTSON, Kevin Stuart resigneddirector
- 2022-01-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-26📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-02📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-10-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-09-29➖O'DRISCOLL, Patrick Colin resigneddirector
- 2018-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-08📄change-person-director-company-with-change-dateofficers · CH01
- 2018-05-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-05-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-05-10🔓Charge satisfied #5
- 2018-05-10🔓Charge satisfied #4
- 2015-07-23➖KELLY, Anthony Brian resigneddirector
- 2015-01-16🔓Charge satisfied #3
- 2014-06-30➕ROBERTSON, Kevin Stuart appointeddirector
- 2012-08-31➖RENTON, Robert Ian resigneddirector
- 2012-05-30➕RENTON, Robert Ian appointeddirector
- 2012-05-14➕HILL, Megan Joy appointedsecretary
- 2012-05-14➖NELSON, Rachel Anne resignedsecretary
- 2012-03-16➖HARRINGTON, Julie Anne resigneddirector
- 2008-06-30➖STREET, Rodney Grant resigneddirector
- 2008-01-31➕HARRINGTON, Julie Anne appointeddirector
- 2007-08-31🔓Charge satisfied #2
- 2007-08-31🔓Charge satisfied #1
- 2007-08-20🔒Charge registered #5Lender: The Governor and Company of the Bank of Scotland (The Security Trustee)
- 2007-08-20🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland as Security Trustee for the Secured Parties(The Security Trustee)
- 2007-08-01➕NAHUM, Stephane Abraham Joseph appointeddirector
- 2007-08-01➕O'DRISCOLL, Patrick Colin appointeddirector
- 2007-06-22➖CLARKE, Simon William resigneddirector
- 2007-02-14➖KELLY, Anthony Brian resignedsecretary
- 2007-02-14➕NELSON, Rachel Anne appointedsecretary
- 2004-09-19➖CLARKE, Stanley William, Sir resigneddirector
- 2004-09-10➕KELLY, Anthony Brian appointedsecretary
- 2004-09-10➕KELLY, Anthony Brian appointeddirector
- 2004-09-03➖STOKES, Mark Bryan resignedsecretary
- 2004-09-03➖STOKES, Mark Bryan resigneddirector
- 2004-08-04🔒Charge registered #3Lender: Horserace Betting Levy Board
- 2004-08-04🔒Charge registered #2Lender: Aib Group (UK) PLC
- 2004-08-04🔒Charge registered #1Lender: Aib Group (UK) PLC
- 2003-12-18➕STOKES, Mark Bryan appointedsecretary
Showing most recent 50 of 59 events
Owner dependency
68/100
High — earn-out structure requiredMaterial 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.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 23 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 ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Northern Racing Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Northern Racing Limited
Corporate parent · holds 75-100% shares · board control
⬇
CHEPSTOW MARKETS LIMITED
This company · 04937661
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 |
|---|---|---|---|---|
Northern Racing Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 · Retail · SW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 26 CASTLE LTD→ 11554401 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 3RD TIME GLOBAL LIMITED→ 14138329 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 7 FLOOR.1 LIMITED→ 15165060 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 966 LTD→ 12876203 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AAROW LTD→ 13334877 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ABBEY MILLS MARKET LTD→ 16626737 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABBEY ROAD FRAMING LTD→ 09117274 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ABELL & CO TRADING LTD→ 16106618 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABG DIGITAL LTD→ 16237736 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABG IMAGES (UK) LTD→ 13654299 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ABHAYA CAKES LIMITED→ 17050120 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ABIHA SA LIMITED→ 14931598 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2003-10-20
Jurisdictionengland-wales
Primary SIC47890 — SIC 47890
Registered office
4th Floor Millbank Tower
21-24 Millbank
London
England
SW1P 4QP
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-03
Last: 2025-10-20
Officers (3 active · 14 resigned)
Active
HUNT, Bradley David→
Activedirector · ~53y · appointed 2022-10-25
View their other companies + combined net worth →
NAHUM, Stephane Abraham Joseph→
Activedirector · ~51y · appointed 2007-08-01
View their other companies + combined net worth →
KELLY, Anthony Brian→
Resignedsecretary · appointed 2004-09-10 · resigned 2007-02-14
NELSON, Rachel Anne→
Resignedsecretary · appointed 2007-02-14 · resigned 2012-05-14
STOKES, Mark Bryan→
Resignedsecretary · appointed 2003-12-18 · resigned 2004-09-03
CRESCENT HILL LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-10-20 · resigned 2003-12-18
CLARKE, Simon William→
Resigneddirector · ~61y · appointed 2003-12-18 · resigned 2007-06-22
CLARKE, Stanley William, Sir→
Resigneddirector · ~93y · appointed 2003-12-18 · resigned 2004-09-19
HARRINGTON, Julie Anne→
Resigneddirector · ~57y · appointed 2008-01-31 · resigned 2012-03-16
KELLY, Anthony Brian→
Resigneddirector · ~60y · appointed 2004-09-10 · resigned 2015-07-23
O'DRISCOLL, Patrick Colin→
Resigneddirector · ~51y · appointed 2007-08-01 · resigned 2018-09-29
RENTON, Robert Ian→
Resigneddirector · ~68y · appointed 2012-05-30 · resigned 2012-08-31
ROBERTSON, Kevin Stuart→
Resigneddirector · ~57y · appointed 2014-06-30 · resigned 2022-02-28
STOKES, Mark Bryan→
Resigneddirector · ~61y · appointed 2003-12-18 · resigned 2004-09-03
STREET, Rodney Grant→
Resigneddirector · ~60y · appointed 2003-12-18 · resigned 2008-06-30
ST ANDREWS COMPANY SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 2003-10-20 · resigned 2003-12-18
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland (The Security Trustee) | Legal charge | 1 property | 20/08/2007 | 10/05/2018 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland as Security Trustee for the Secured Parties(The Security Trustee) | Debenture | 1 property | 20/08/2007 | 10/05/2018 | |
| satisfied | Horserace Betting Levy Board | Security document | 1 property | 04/08/2004 | 16/01/2015 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Mortgage debenture | 1 property | 04/08/2004 | 31/08/2007 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Legal mortgage | 2 properties | 04/08/2004 | 31/08/2007 |
Recent filings (106 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
appoint-person-director-company-with-name-date
officers · AP01
2022-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-20
termination-director-company-with-name-termination-date
officers · TM01
2022-03-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-20
change-person-director-company-with-change-date
officers · CH01
2021-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-20