22 BPG LIMITED

🌳Matureactive

07596932 · ltd · incorporated 2011-04-08

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 Apr 2025

Net worth

£5.0k

book net assets

Opportunity

81/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Residents property management

Sector: Activities of households

Investor take

Pursue

Asset-holding vehicle with a 82-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 82). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (77/100)

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

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

7 officers (4 active, 7 linked, 5 with DOB)

Ownership & PSC

3 active PSC(s) of 5 total, 5 with control declared

Director network

Network not yet resolved

Filing history

47 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

81/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £5,005

Very low cash

Cash position: £5

Cash YoY

+0%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£5

~ YoY

Net Worth

£5k

~ YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-04-30	2024-04-30
Total assets	£5.0k	£5.0k
Cash	£5	£5
Net assets	£5.0k	£5.0k

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

• 1 confirmation-statement
• 1 accounts

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (31 events)Click to expand

2026-03-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-05
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2023-10-05
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-10-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-10-03
📄
change-person-director-company-with-change-date
officers · CH01
2023-10-03
📄
change-person-director-company-with-change-date
officers · CH01
2023-10-03
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-03
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-03
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-03
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2023-10-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-10-02
📍
move-registers-to-sail-company-with-new-address
address · AD03
2023-10-02
📍
change-sail-address-company-with-new-address
address · AD02
2023-10-02
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-29
➕
CASSEN, Raoul David appointed
secretary
2023-09-29
➕
ROUSSEL, Theodore Francois appointed
director
2023-09-24
➖
TAYLOR, Adam resigned
secretary
2023-09-24
➖
TAYLOR, Adam resigned
director
2023-05-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-22
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-04-22
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-04-22
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-04-21
➕
CASSEN, Raoul David appointed
director
2022-04-21
➖
RANCON, Clementine Aurelie resigned
director
2011-04-08
🏢
Company incorporated
As 22 BPG LIMITED
2011-04-08
➕
MORGAN, Susan Margaret appointed
director
2011-04-08
➕
TAYLOR, Adam appointed
secretary
2011-04-08
➕
RANCON, Clementine Aurelie appointed
director
2011-04-08
➕
TAYLOR, Adam appointed
director

Owner dependency

75/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 82 — succession pressure is live.

Succession & seller-readiness

73/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 15 years.
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

3 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Theodore Francois Roussel Individual · French · DOB 04/1992 · age 34	25–50%	25–50%	25-50% shares · 25-50% voting	29/09/2023
Mr Raoul David Cassen Individual · British · DOB 01/1979 · age 47	—	25–50%	25-50% voting	14/12/2021
Susan Margaret Morgan Individual · British · DOB 02/1944 · age 82	—	25–50%	25-50% voting	06/04/2016

2 historic (ceased) PSCs

Mr Adam Taylorceased 24/09/2023· 25-50% voting
Mrs Clementine Aurelie Ranconceased 14/12/2021· 25-50% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

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Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
10 HEATON MOOR ROAD RTM COMPANY LIMITED→ 17098269 · est 2026 · no financials extracted	—	—	—	—	—	—	—
15 ELLINGTON STREET, LONDON, N7 LIMITED→ 06481510 · est 2008 · no financials extracted	—	—	—	—	18y	—	—
1909 LEISURE LTD→ 11191495 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
2020 FINANCE GROUP LTD→ 11481400 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
21 ZETLAND ROAD LIMITED→ 07053142 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
210 ELFIN VILLAS LIMITED→ 05330141 · est 2005 · no financials extracted	—	—	—	—	21y	—	—
229 BURTON ROAD (DIDSBURY) MANAGEMENT COMPANY LIMITED→ 16582214 · est 2025 · no financials extracted	—	—	—	—	—	—	—
229 HAWTHORNE ROAD FREEHOLD COMPANY LIMITED→ 14165606 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
22A, B & C DERBY ROAD MANAGEMENT CO LTD→ 11302588 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
24 OSBORNE STREET MANAGEMENT COMPANY LIMITED→ 02352703 · est 1989 · no financials extracted	—	—	—	—	37y	—	—
24 RYECROFT ROAD MANAGEMENT LIMITED→ 05061568 · est 2004 · no financials extracted	—	—	—	—	22y	—	—
25 CLARENCE LTD→ 15873106 · est 2024 · no financials extracted	—	—	—	—	1y	—	—

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

Incorporated2011-04-08

Jurisdictionengland-wales

Primary SIC98000 — Residents property management

Registered office

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

England

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2027-04-22

Last: 2026-04-08

Officers (4 active · 3 resigned)

CASSEN, Raoul David→

secretary · appointed 2023-09-29

View their other companies + combined net worth →

Active

CASSEN, Raoul David→

director · ~47y · appointed 2022-04-21

View their other companies + combined net worth →

Active

MORGAN, Susan Margaret→

director · ~82y · appointed 2011-04-08

View their other companies + combined net worth →

Active

ROUSSEL, Theodore Francois→

director · ~34y · appointed 2023-09-29

View their other companies + combined net worth →

Active

TAYLOR, Adam→

secretary · appointed 2011-04-08 · resigned 2023-09-24

Resigned

RANCON, Clementine Aurelie→

director · ~47y · appointed 2011-04-08 · resigned 2022-04-21

Resigned

TAYLOR, Adam→

director · ~64y · appointed 2011-04-08 · resigned 2023-09-24

Resigned

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

Recent filings (47 total)

confirmation-statement-with-updates

confirmation-statement · CS01

2026-04-16

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-03-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-05-01

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-09-11

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-05-13

appoint-person-secretary-company-with-name-date

officers · AP03

2023-10-05

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2023-10-05

appoint-person-director-company-with-name-date

officers · AP01

2023-10-05

change-person-director-company-with-change-date

officers · CH01

2023-10-03

change-person-director-company-with-change-date

officers · CH01

2023-10-03

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2023-10-03

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2023-10-03

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2023-10-03

termination-secretary-company-with-name-termination-date

officers · TM02

2023-10-03

termination-director-company-with-name-termination-date

officers · TM01

2023-10-03