34 DRAKE CIRCUS LIMITED

🌳Matureactive
07022530 · ltd · incorporated 2009-09-17
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
—
year to Dec 2024
Net worth
£2
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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
Confirmed no charges registered
85
Directors & officers
7 officers (2 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
19 connected companies via shared directors
90
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£2
~ YoY
Current Assets
£1
~ YoY
Current Liabilities
—
£0£0£1£1£2£2Dec 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£2£2
Current assets£1£1
Net assets£2£2

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-09-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-08-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-05-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2023-09-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-08-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-08-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-12-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-12-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2020-12-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2020-12-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2020-12-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2020-12-01
    ➕
    BARTLETT, Steven appointed
    director
  13. 2020-12-01
    ➖
    BLACK, Gary John resigned
    director
  14. 2019-09-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-01-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2019-01-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2019-01-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2019-01-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2019-01-16
    ➕
    BLACK, Gary John appointed
    director
  20. 2019-01-16
    ➖
    THOMPSON, Rebecca Ann resigned
    director
  21. 2018-09-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2014-12-01
    ➖
    OAKLEYS SECRETARIES LIMITED resigned
    corporate-secretary
  23. 2011-12-01
    ➖
    BARTLETT, Steven George resigned
    director
  24. 2011-12-01
    ➕
    THOMPSON, Rebecca Ann appointed
    director
  25. 2011-10-21
    ➕
    W.K. THOMSON LTD appointed
    corporate-director
  26. 2010-01-01
    ➖
    BARTLETT, Steve resigned
    director
  27. 2010-01-01
    ➕
    BARTLETT, Steven George appointed
    director
  28. 2009-09-17
    🏢
    Company incorporated
    As 34 DRAKE CIRCUS LIMITED
  29. 2009-09-17
    ➕
    OAKLEYS SECRETARIES LIMITED appointed
    corporate-secretary
  30. 2009-09-17
    ➕
    BARTLETT, Steve appointed
    director

Owner dependency

66/100
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.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

69/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 17 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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Steven Bartlett
Individual · British · DOB 05/1965 · age 61
——sig. influencesignificant influence01/12/2020
2 historic (ceased) PSCs
  • Mr Gary Blackceased 01/12/2020· significant influence
  • Mrs Rebecca Ann Thompsonceased 16/01/2019· significant influence

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 · Other · PL postcode area
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1 TAVISTOCK PLACE LTD→
03838371 · est 1999 · no financials extracted
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2 PERCY TERRACE LIMITED→
02697657 · est 1992 · no financials extracted
————34y——
2 WYNDHAM SQUARE MANAGEMENT CO LTD→
03394205 · est 1997 · no financials extracted
————28y——
2 WYNDHAM TERRACE PLYMOUTH MANAGEMENT LIMITED→
02074798 · est 1986 · no financials extracted
————39y——
24 HILLPARK CRESCENT MANAGEMENT CO LTD→
03394158 · est 1997 · no financials extracted
————28y——
256 NORTH ROAD WEST MANAGEMENT COMPANY LIMITED→
03273813 · est 1996 · no financials extracted
————29y——
28 MUTLEY PLAIN LIMITED→
05771138 · est 2006 · no financials extracted
————20y——
3 RADNOR PLACE MANAGEMENT CO LTD→
03394178 · est 1997 · no financials extracted
————28y——
31 QUEENS ROAD (PLYMOUTH) LTD→
03394144 · est 1997 · no financials extracted
————28y——
328 COOKING STUDIO LIMITED→
11413881 · est 2018 · no financials extracted
————7y——
35 HEADLAND PARK MANAGEMENT COMPANY LTD.→
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————28y——
36-40 THORN PARK MANAGEMENT COMPANY LIMITED→
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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
Incorporated2009-09-17
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

C/O Oakleys Accountants
117 North Hill
Plymouth
Devon
PL4 8JY
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-20
Last: 2025-12-06

Officers (2 active · 5 resigned)

BARTLETT, Steven→
director · ~61y · appointed 2020-12-01
View their other companies + combined net worth →
Active
W.K. THOMSON LTD→
corporate-director · appointed 2011-10-21
View their other companies + combined net worth →
Active
OAKLEYS SECRETARIES LIMITED→
corporate-secretary · appointed 2009-09-17 · resigned 2014-12-01
Resigned
BARTLETT, Steve→
director · ~61y · appointed 2009-09-17 · resigned 2010-01-01
Resigned
BARTLETT, Steven George→
director · ~61y · appointed 2010-01-01 · resigned 2011-12-01
Resigned
BLACK, Gary John→
director · ~58y · appointed 2019-01-16 · resigned 2020-12-01
Resigned
THOMPSON, Rebecca Ann→
director · ~51y · appointed 2011-12-01 · resigned 2019-01-16
Resigned

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

Recent filings (53 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-13
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-04
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-10
termination-director-company-with-name-termination-date
officers · TM01
2020-12-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-12-09