BUSINESS PARCS (MK) LIMITED

🌳Matureactive
05176500 · ltd · incorporated 2004-07-12
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 20.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£152.5k
book net assets
Opportunity
82/100
Exceptional
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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 79-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 79). 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 (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 20.6y

50/100
clean up first

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

  • · Oldest live charge is 20.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 33/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
70 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
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 · accounting standard not declared
Positive net assets
Net assets £152,535

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£153k
↑ 145% YoY
Current Assets
£2.6m
↓ 10% YoY
Current Liabilities
—
£0£584k£1.2m£1.8m£2.3m£2.9mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£152.5k£62.4k
Current assets£2.62M£2.92M
Net assets£152.5k£62.4k

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

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 (37 events)Click to expand
  1. 2025-10-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-10-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-10-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2025-06-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-03-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2025-03-07
    ➖
    BUTCHART, Monique Wendy Grant resigned
    secretary
  8. 2025-01-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-01-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2025-01-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2025-01-01
    ➕
    BUTCHART, Anna, Dr appointed
    director
  12. 2024-12-31
    ➖
    BUTCHART, Monique Wendy Grant resigned
    director
  13. 2024-12-31
    ➖
    DORMER, Simon Julian resigned
    director
  14. 2024-11-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2024-09-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2024-09-01
    ➖
    PATEL, Yogesh resigned
    director
  17. 2023-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2023-03-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2022-07-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2021-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2020-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2019-09-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  23. 2018-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  24. 2017-02-01
    ➕
    DORMER, Simon Julian appointed
    director
  25. 2016-08-15
    ➖
    CORMIE, Robert David resigned
    director
  26. 2015-04-01
    ➕
    CORMIE, Robert David appointed
    director
  27. 2014-07-23
    🔒
    Charge registered #2
    Lender: Homes and Communities Agency
  28. 2005-10-14
    🔒
    Charge registered #1
    Lender: John Grant Butchart
  29. 2005-05-17
    ➕
    ROLWEGAN, Margaret Ruth appointed
    director
  30. 2004-07-12
    🏢
    Company incorporated
    As BUSINESS PARCS (MK) LIMITED
  31. 2004-07-12
    ➕
    BUTCHART, Monique Wendy Grant appointed
    secretary
  32. 2004-07-12
    ➕
    LONDON LAW SECRETARIAL LIMITED appointed
    corporate-nominee-secretary
  33. 2004-07-12
    ➖
    LONDON LAW SECRETARIAL LIMITED resigned
    corporate-nominee-secretary
  34. 2004-07-12
    ➕
    BUTCHART, Monique Wendy Grant appointed
    director
  35. 2004-07-12
    ➕
    PATEL, Yogesh appointed
    director
  36. 2004-07-12
    ➕
    LONDON LAW SERVICES LIMITED appointed
    corporate-nominee-director
  37. 2004-07-12
    ➖
    LONDON LAW SERVICES LIMITED resigned
    corporate-nominee-director

Owner dependency

83/100
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 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

86/100
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 79 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 21 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr John Grant Butchart
Individual · British · DOB 08/1945 · age 81
75–100%
—75-100% shares12/07/2016

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 →

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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
Incorporated2004-07-12
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

20 Belgrave Mews West
London
SW1X 8HT
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-26
Last: 2025-07-12

Officers (2 active · 7 resigned)

BUTCHART, Anna, Dr→
director · ~43y · appointed 2025-01-01
View their other companies + combined net worth →
Active
ROLWEGAN, Margaret Ruth→
director · ~79y · appointed 2005-05-17
View their other companies + combined net worth →
Active
BUTCHART, Monique Wendy Grant→
secretary · appointed 2004-07-12 · resigned 2025-03-07
Resigned
LONDON LAW SECRETARIAL LIMITED→
corporate-nominee-secretary · appointed 2004-07-12 · resigned 2004-07-12
Resigned
BUTCHART, Monique Wendy Grant→
director · ~59y · appointed 2004-07-12 · resigned 2024-12-31
Resigned
CORMIE, Robert David→
director · ~61y · appointed 2015-04-01 · resigned 2016-08-15
Resigned
DORMER, Simon Julian→
director · ~55y · appointed 2017-02-01 · resigned 2024-12-31
Resigned
PATEL, Yogesh→
director · ~73y · appointed 2004-07-12 · resigned 2024-09-01
Resigned
LONDON LAW SERVICES LIMITED→
corporate-nominee-director · appointed 2004-07-12 · resigned 2004-07-12
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Homes and Communities Agency
A registered charge1 property23/07/2014—
outstanding
John Grant Butchart
Legal charge1 property14/10/2005—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (70 total)

change-person-director-company-with-change-date
officers · CH01
2025-10-31
change-person-director-company-with-change-date
officers · CH01
2025-10-30
change-person-director-company-with-change-date
officers · CH01
2025-10-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-27
termination-secretary-company-with-name-termination-date
officers · TM02
2025-03-11
appoint-person-director-company-with-name-date
officers · AP01
2025-01-29
termination-director-company-with-name-termination-date
officers · TM01
2025-01-29
termination-director-company-with-name-termination-date
officers · TM01
2025-01-29
termination-director-company-with-name-termination-date
officers · TM01
2024-11-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-12