MIDCO 1 LIMITED
🌳Matureactive
05835640 · ltd · incorporated 2006-06-02
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
—
not disclosed
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 77/100 (strong), bankability 67/100. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
20 live charges · 6 lenders · oldest 19.3y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 19.3 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
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
20 charges (20/20 with lender, 20/20 with type)
90
Directors & officers
20 officers (5 active, 20 linked, 14 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
25 connected companies via shared directors
90
Filing history
160 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 officers
Last 180 days
4
filings
- • 2 officers
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (92 events)Click to expand
- 2026-03-24📄change-person-director-company-with-change-dateofficers · CH01
- 2026-02-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-16📄accounts-with-accounts-type-fullaccounts · AA
- 2026-02-12➕BRADLEY, Fiona Mary appointeddirector
- 2025-02-25📄accounts-with-accounts-type-fullaccounts · AA
- 2024-02-16📄accounts-with-accounts-type-fullaccounts · AA
- 2024-01-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-31➖HUGHES, Alison Jane Margaret resigneddirector
- 2023-03-23📄accounts-with-accounts-type-fullaccounts · AA
- 2022-09-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-09-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-09-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-01➕FREEMAN, Andrew David appointeddirector
- 2022-09-01➕HUGHES, Alison Jane Margaret appointeddirector
- 2022-08-31➖MCMAHON, Gregory Joseph resigneddirector
- 2022-04-25📄auditors-resignation-companyauditors · AUD
- 2022-02-08📄accounts-with-accounts-type-fullaccounts · AA
- 2021-04-14📄accounts-with-accounts-type-fullaccounts · AA
- 2020-09-09📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2020-09-09📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-09-07➕BURTON, Denise Patricia appointedsecretary
- 2020-09-07➖MCMAHON, Gregory Joseph resignedsecretary
- 2020-04-02📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2020-04-02📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-04-01➕MCMAHON, Gregory Joseph appointedsecretary
- 2020-03-31➖BURTON, Denise Patricia resignedsecretary
- 2020-02-25📄accounts-with-accounts-type-fullaccounts · AA
- 2017-07-19🔓Charge satisfied #20
- 2017-07-19🔓Charge satisfied #19
- 2017-07-19🔓Charge satisfied #18
- 2017-07-19🔓Charge satisfied #17
- 2017-07-19🔓Charge satisfied #2
- 2017-07-19🔓Charge satisfied #1
- 2017-07-19🔓Charge satisfied #16
- 2017-07-19🔓Charge satisfied #15
- 2017-07-19🔓Charge satisfied #14
- 2017-07-19🔓Charge satisfied #12
- 2017-07-19🔓Charge satisfied #11
- 2017-07-19🔓Charge satisfied #10
- 2017-07-19🔓Charge satisfied #9
- 2017-07-19🔓Charge satisfied #8
- 2017-07-19🔓Charge satisfied #7
- 2017-07-19🔓Charge satisfied #3
- 2017-07-15🔓Charge satisfied #6
- 2017-07-15🔓Charge satisfied #5
- 2015-11-23➖DE POLO, Steven Michael resigneddirector
- 2015-11-23➖GOSLING, Martin John resigneddirector
- 2015-11-23➖MOTTRAM, Mark resigneddirector
- 2015-11-23➖PHILLIPS, Liz resigneddirector
- 2015-09-24➕BURTON, Denise Patricia appointedsecretary
Showing most recent 50 of 92 events
Owner dependency
48/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- 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
Mitchells & Butlers Retail (No 2) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Mitchells & Butlers Retail (No 2) Limited
Corporate parent · holds 75-100% shares · board control
⬇
MIDCO 1 LIMITED
This company · 05835640
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 |
|---|---|---|---|---|
Mitchells & Butlers Retail (No 2) 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 · Property · B postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1.2.1 HOUSES LIMITED→ 13541214 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 105 WHICHMORE PROPERTIES LIMITED→ 11594592 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 137 NEWHALL STREET (MANAGEMENT) LIMITED→ 02196293 · est 1987 · no financials extracted | — | — | — | — | 38y | — | — |
| 168 ESTATES LTD→ 12415040 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 17.17 PROPERTY INVESTMENT LTD→ 16199996 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 170TE ASKL & SONS LTD→ 17077310 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 174SR ASKL & SONS LTD→ 17077409 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 1821 PROPERTY INVESTMENTS LIMITED→ 13717351 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 184-66 LTD→ 16081337 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1878 PUBCO LTD→ 07806757 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 18FH LTD→ 14047793 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 192 PROPERTIES LTD→ 16399000 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2006-06-02
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
27 Fleet Street
Birmingham
B3 1JP
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-27
Confirmation statement
Next due: 2027-01-22
Last: 2026-01-08
Officers (5 active · 15 resigned)
BURTON, Denise Patricia→
Activesecretary · appointed 2020-09-07
View their other companies + combined net worth →
BRADLEY, Fiona Mary→
Activedirector · ~48y · appointed 2026-02-12
View their other companies + combined net worth →
FREEMAN, Andrew David→
Activedirector · ~46y · appointed 2022-09-01
View their other companies + combined net worth →
MILES, Lee Jonathan→
Activedirector · ~56y · appointed 2014-09-15
View their other companies + combined net worth →
VAUGHAN, Andrew William→
Activedirector · ~63y · appointed 2014-09-15
View their other companies + combined net worth →
BURTON, Denise Patricia→
Resignedsecretary · appointed 2015-09-24 · resigned 2020-03-31
MCMAHON, Gregory Joseph→
Resignedsecretary · appointed 2020-04-01 · resigned 2020-09-07
WOODALL, Hannah Elizabeth→
Resignedsecretary · appointed 2014-06-16 · resigned 2015-09-24
T&H SECRETARIAL SERVICES LIMITED→
Resignedcorporate-secretary · appointed 2006-06-02 · resigned 2012-11-02
DE POLO, Steven Michael→
Resigneddirector · ~45y · appointed 2014-06-16 · resigned 2015-11-23
FREEMAN, Charles Truscott→
Resigneddirector · ~70y · appointed 2006-06-02 · resigned 2013-02-06
GOSLING, Martin John→
Resigneddirector · ~61y · appointed 2014-06-16 · resigned 2015-11-23
HALL, Jonathan Rufus→
Resigneddirector · ~63y · appointed 2006-06-02 · resigned 2014-06-11
HEALY, Martin William Oliver→
Resigneddirector · ~64y · appointed 2014-06-11 · resigned 2014-06-15
HUGHES, Alison Jane Margaret→
Resigneddirector · ~46y · appointed 2022-09-01 · resigned 2023-12-31
MCMAHON, Gregory Joseph→
Resigneddirector · ~66y · appointed 2014-06-13 · resigned 2022-08-31
MOTTRAM, Mark→
Resigneddirector · ~56y · appointed 2014-06-13 · resigned 2015-11-23
PHILLIPS, Liz→
Resigneddirector · ~63y · appointed 2014-06-16 · resigned 2015-11-23
TRIGWELL, Andy→
Resigneddirector · ~50y · appointed 2013-02-06 · resigned 2014-06-11
T&H DIRECTORS LIMITED→
Resignedcorporate-director · appointed 2006-06-02 · resigned 2006-06-02
Click a director name to see their full track record across all companies.
Mortgages & charges
20
Total charges
2
Outstanding
1
Active lenders
Status:Lender:20 of 20 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Deutsche Bank Ag, Acting Through Its London Branch | Legal charge | 1 property | 13/03/2013 | 19/07/2017 | |
| satisfied | Deutsche Bank Ag, Acting Through Its London Branch | Security assignment of contractual rights under a specific contract | 1 property | 05/09/2012 | 19/07/2017 | |
| satisfied | Deutsche Bank Ag Acting Through Its London Branch (The Security Agent) | Hedge charge | 1 property | 16/12/2008 | 19/07/2017 | |
| satisfied | Deutsche Bank Ag as Security Agent | Assignation of rental income | 1 property | 13/12/2008 | 19/07/2017 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland as Security Trustee for Itself and Othersecured Parties | Debenture | 1 property | 29/01/2007 | 19/07/2017 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland (For Itself as a Secured Party and as Securitytrustee for the Other Secured Parties) | Assignation of rents | 2 properties | 29/01/2007 | 19/07/2017 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland (For Itself as a Secured Party and as Securitytrustee for the Other Secured Parties) | A standard security which was presented for registration in scotland on the 15/03/07 and | 1 property | 26/01/2007 | 19/07/2017 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland (For Itself as a Secured Party and as Securitytrustee for the Other Secured Parties) | A standard security which was presented for registration in scotland on 02ND february 2007 and | 1 property | 26/01/2007 | 19/07/2017 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland (For Itself as a Secured Party and as Securitytrustee for the Other Secured Parties) | A standard security which was presented for registration in scotland on 02ND february 2007 and | 1 property | 26/01/2007 | 19/07/2017 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland (For Itself as a Secured Party and as Securitytrustee for the Other Secured Parties) | A standard security which was presented for registration in scotland on 02ND february 2007 and | 1 property | 26/01/2007 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland (For Itself as a Secured Party and as Securitytrustee for the Other Secured Parties) | A standard security which was presented for registration in scotland on 02ND february 2007 and | 1 property | 26/01/2007 | 19/07/2017 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland (For Itself as a Secured Party and as Securitytrustee for the Other Secured Parties) | A standard security which was presented for registration in scotland on 02ND february 2007 and | 1 property | 26/01/2007 | 19/07/2017 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland (For Itself as a Secured Party and as Securitytrustee for the Other Secured Parties) | A standard security which was presented for registration in scotland on 02ND february 2007 and | 1 property | 26/01/2007 | 19/07/2017 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland (For Itself as a Secured Party and as Securitytrustee for the Other Secured Parties) | The governor and company of the bank of scotland (for itself as a secured party and as security trustee for the other secured parties) | 1 property | 26/01/2007 | 19/07/2017 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland (For Itself as a Secured Party and as Securitytrustee for the Other Secured Parties) | A standard security which was presented for registration in scotland on 02ND february 2007 and | 2 properties | 26/01/2007 | 19/07/2017 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland (For Itself as a Secured Party and as Securitytrustee for the Other Secured Parties) | A standard security which was presented for registration in scotland on 02ND february 2007 and | 1 property | 26/01/2007 | 19/07/2017 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland (For Itself as a Secured Party and as Securitytrustee for the Other Secured Parties) | A standard security which was presented for registration in scotland on 02ND february 2007 and | 1 property | 26/01/2007 | 15/07/2017 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland (For Itself as a Secured Party and as Securitytrustee for the Other Secured Parties) | A standard security which was presented for registration in scotland on 02ND february 2007 and | 1 property | 26/01/2007 | 15/07/2017 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland (For Itself as a Secured Party and as Securitytrustee for the Other Secured Parties) | A standard security which was presented for registration in scotland on 02ND february 2007 and | 1 property | 26/01/2007 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland (For Itself as a Secured Party and as Seuritytrustee for the Other Secured Parties) | A standard security which was presented for registration in scotland on 02ND february 2007 and | 1 property | 26/01/2007 | 19/07/2017 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (160 total)
change-person-director-company-with-change-date
officers · CH01
2026-03-24
appoint-person-director-company-with-name-date
officers · AP01
2026-02-20
accounts-with-accounts-type-full
accounts · AA
2026-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-14
accounts-with-accounts-type-full
accounts · AA
2025-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-22
accounts-with-accounts-type-full
accounts · AA
2024-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-12
termination-director-company-with-name-termination-date
officers · TM01
2024-01-04
accounts-with-accounts-type-full
accounts · AA
2023-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-20
appoint-person-director-company-with-name-date
officers · AP01
2022-09-15
appoint-person-director-company-with-name-date
officers · AP01
2022-09-15
termination-director-company-with-name-termination-date
officers · TM01
2022-09-14
auditors-resignation-company
auditors · AUD
2022-04-25