PARKSIDE RECRUITMENT SERVICES LIMITED

💤Zombieactive

05707227 · ltd · incorporated 2006-02-13

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

—

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Temporary employment agency activities

Sector: Administrative & support services

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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

1 live charge · oldest 19.9y

45/100

under pressure

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

· Oldest live charge is 19.9 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

14 officers (2 active, 14 linked, 7 with DOB)

Ownership & PSC

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

Director network

10 connected companies via shared directors

Filing history

93 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

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.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31	2023-12-31
Average employees	100	100

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

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (43 events)Click to expand

2025-09-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-09-18
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-09-26
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-09-28
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-09-24
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-09-25
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-09-11
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-01-21
📄
change-person-director-company-with-change-date
officers · CH01
2018-10-05
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-10-06
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-10-12
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-03-04
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-10-12
📄
accounts-with-accounts-type-dormant
accounts · AA
2015-02-27
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-07-03
📄
appoint-person-secretary-company-with-name
officers · AP03
2014-05-28
➕
RUPARELIA, Sagar Ramnik appointed
secretary
2014-05-28
➖
ELSON, Tremayne resigned
secretary
2013-12-31
➖
RYALL, Michael resigned
director
2013-10-31
➕
ELSON, Tremayne appointed
secretary
2013-10-31
➖
READ, Graeme resigned
director
2013-10-31
➖
RUSSELL, Paul Dean resigned
director
2011-07-18
➕
GOODWIN, Anthony Michael appointed
director
2011-07-18
➖
FROME, Andrew Paul resigned
director
2011-07-18
➖
HERRMANNSEN, Chris resigned
director
2011-07-18
➕
READ, Graeme appointed
director
2011-07-18
➕
RUSSELL, Paul Dean appointed
director
2011-07-18
➕
RYALL, Michael appointed
director
2007-07-04
➖
SHANMUGAM, Bala resigned
secretary
2007-07-04
➕
FROME, Andrew Paul appointed
director
2007-07-04
➖
SHANMUGAM, Bala resigned
director
2006-09-06
🔒
Charge registered #1
Lender: Hsbc Bank PLC
2006-08-10
➕
SHANMUGAM, Bala appointed
secretary
2006-08-10
➖
T M SECRETARIES LIMITED resigned
corporate-secretary
2006-08-10
➕
HERRMANNSEN, Chris appointed
director
2006-08-10
➕
SHANMUGAM, Bala appointed
director
2006-08-10
➖
T M DIRECTORS LIMITED resigned
corporate-director
2006-02-16
➕
T M SECRETARIES LIMITED appointed
corporate-secretary
2006-02-16
➖
WATERLOW SECRETARIES LIMITED resigned
corporate-nominee-secretary
2006-02-16
➕
T M DIRECTORS LIMITED appointed
corporate-director
2006-02-16
➖
WATERLOW NOMINEES LIMITED resigned
corporate-nominee-director
2006-02-13
🏢
Company incorporated
As PARKSIDE RECRUITMENT SERVICES LIMITED
2006-02-13
➕
WATERLOW SECRETARIES LIMITED appointed
corporate-nominee-secretary
2006-02-13
➕
WATERLOW NOMINEES LIMITED appointed
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

+Sole director: Only one active director — all governance concentrated on one person.
+Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

88/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 15 years.
secondaryStable-but-static management: Company is 20 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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Parkside Recruitment Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Parkside Recruitment Limited

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

ultimate parent

⬇

PARKSIDE RECRUITMENT SERVICES LIMITED

This company · 05707227

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
Parkside Recruitment 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 · Professional services · WD postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A.R.F ADVISORY LTD→ 16222338 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ANHEDDEM LTD→ 13303798 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
ANTAL RECRUITMENT LTD→ 12850514 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
ANTIMONY LTD→ 11297836 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
APEX RESOURCES LIMITED→ 05038793 · est 2004 · no financials extracted	—	—	—	—	22y	—	—
APHS HERTS LTD→ 15264552 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
APPLE ACCOUNTANCY SERVICES LIMITED→ 06596872 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
APPLY RECRUITMENT LTD→ 10521120 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
APTELIGEN LIMITED→ 07419975 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
AQUMEN CONSULTING LIMITED→ 11675356 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
ARAE CONSULTING LIMITED→ 15547455 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
ARAELLA LIMITED→ 11597040 · est 2018 · no financials extracted	—	—	—	—	7y	—	—

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

Incorporated2006-02-13

Jurisdictionengland-wales

Primary SIC78200 — Temporary employment agency activities

Registered office

Radius House First Floor

51 Clarendon Road

Watford

Herts

WD17 1HP

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-02-27

Last: 2026-02-13

Officers (2 active · 12 resigned)

RUPARELIA, Sagar Ramnik→

secretary · appointed 2014-05-28

View their other companies + combined net worth →

Active

GOODWIN, Anthony Michael→

director · ~64y · appointed 2011-07-18

View their other companies + combined net worth →

Active

ELSON, Tremayne→

secretary · appointed 2013-10-31 · resigned 2014-05-28

Resigned

SHANMUGAM, Bala→

secretary · appointed 2006-08-10 · resigned 2007-07-04

Resigned

T M SECRETARIES LIMITED→

corporate-secretary · appointed 2006-02-16 · resigned 2006-08-10

Resigned

WATERLOW SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 2006-02-13 · resigned 2006-02-16

Resigned

FROME, Andrew Paul→

director · ~65y · appointed 2007-07-04 · resigned 2011-07-18

Resigned

HERRMANNSEN, Chris→

director · ~61y · appointed 2006-08-10 · resigned 2011-07-18

Resigned

READ, Graeme→

director · ~59y · appointed 2011-07-18 · resigned 2013-10-31

Resigned

RUSSELL, Paul Dean→

director · ~50y · appointed 2011-07-18 · resigned 2013-10-31

Resigned

RYALL, Michael→

director · ~58y · appointed 2011-07-18 · resigned 2013-12-31

Resigned

SHANMUGAM, Bala→

director · ~54y · appointed 2006-08-10 · resigned 2007-07-04

Resigned

T M DIRECTORS LIMITED→

corporate-director · appointed 2006-02-16 · resigned 2006-08-10

Resigned

WATERLOW NOMINEES LIMITED→

corporate-nominee-director · appointed 2006-02-13 · resigned 2006-02-16

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	HSBC Hsbc Bank PLC	Debenture	1 property	06/09/2006	—

Click column headers to sort. Use filters above to narrow by status and lender.