12 RECREATION ROAD FREEHOLD LIMITED
💤Zombieactive
09413596 · ltd · incorporated 2015-01-30
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 Mar 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 75/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 2.4y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.4 years old — likely still in initial term.
- · 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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 5 with DOB)
87
Ownership & PSC
2 active PSC(s) of 6 total, 6 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 1 | 200 |
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
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2025-12-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-01-31📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-01-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-01-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-11-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-03-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-03-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-03-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-12-20📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2023-12-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-11-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-24➖SUMMERFIELD, Daniel resigneddirector
- 2023-11-24🔒Charge registered #1Lender: Fleet Mortgages Limited
- 2023-09-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-09-13📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-09-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-09-13📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-08-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-08-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-05-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-05-11➖GRAY, Simon resigneddirector
- 2021-06-11➕BROWN, Lauren Josephine Ironmonger appointeddirector
- 2021-06-11➖BROWN, James resigneddirector
- 2020-11-12➖BRITTON, Sarah resigneddirector
- 2020-11-12➕SUMMERFIELD, Daniel appointeddirector
- 2019-01-30➖BISHOP & SEWELL SECRETARIES LIMITED resignedcorporate-secretary
- 2015-01-30🏢Company incorporatedAs 12 RECREATION ROAD FREEHOLD LIMITED
- 2015-01-30➕BISHOP & SEWELL SECRETARIES LIMITED appointedcorporate-secretary
- 2015-01-30➕BRITTON, Sarah appointeddirector
- 2015-01-30➕BROWN, James appointeddirector
- 2015-01-30➕GRAY, Simon appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Trinest Ltd holds majority control (50-75%). Likely parent but not wholly-owned.
🏛️majority
Trinest Ltd
Corporate parent · holds 50-75% shares
⬇
12 RECREATION ROAD FREEHOLD LIMITED
This company · 09413596
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Trinest Ltd Corporate entity | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 24/11/2023 |
Ms Lauren Josephine Ironmonger Brown Individual · British · DOB 05/1981 · age 45 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 11/06/2021 |
4 historic (ceased) PSCs
- Daniel Summerfieldceased 24/11/2023· 25-50% shares · 25-50% voting
- Mr Simon Martin Grayceased 11/05/2022· 25-50% shares · 25-50% voting · board control
- Mr James Brownceased 11/06/2021· 25-50% shares · 25-50% voting · board control
- Miss Sarah Brittonceased 12/11/2020· 25-50% shares · 25-50% voting · board control
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 · GU postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 107 FORTUNESWELL LTD→ 09296091 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 117-135 SEASIDE LLP→ OC441717 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 129 M2 LTD→ 10834997 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 182, FERNHEAD ROAD LIMITED→ 01312080 · est 1977 · no financials extracted | — | — | — | — | 48y | — | — |
| 3 FRAMES OF THINKING LIMITED→ 09145308 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 3KITES TECHNOLOGIES LTD→ 05999036 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 4 MAINTENANCE.ORG LTD→ 07809859 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 4000 HOLES LIMITED→ 06536619 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| 448 KINGS ROAD LIMITED→ 04372993 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| 4CALIBRATION LIMITED→ 08440549 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| 50 LOOP ROAD MANAGEMENT COMPANY LIMITED→ 03704650 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| 57 LINDEN GARDENS LIMITED→ 04637373 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
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
Incorporated2015-01-30
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999
Registered office
Ashcombe Court
Woolsack Way
Godalming
Surrey
GU7 1LQ
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-13
Last: 2026-01-30
Officers (1 active · 5 resigned)
BROWN, Lauren Josephine Ironmonger→
Activedirector · ~45y · appointed 2021-06-11
View their other companies + combined net worth →
BISHOP & SEWELL SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2015-01-30 · resigned 2019-01-30
BRITTON, Sarah→
Resigneddirector · ~48y · appointed 2015-01-30 · resigned 2020-11-12
BROWN, James→
Resigneddirector · ~49y · appointed 2015-01-30 · resigned 2021-06-11
GRAY, Simon→
Resigneddirector · ~63y · appointed 2015-01-30 · resigned 2022-05-11
SUMMERFIELD, Daniel→
Resigneddirector · ~38y · appointed 2020-11-12 · resigned 2023-11-24
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Fleet Mortgages Fleet Mortgages Limited | A registered charge | 2 properties | 24/11/2023 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (53 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-20
accounts-with-accounts-type-dormant
accounts · AA
2025-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-01-31
accounts-with-accounts-type-dormant
accounts · AA
2024-11-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-03-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-04
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-04
change-account-reference-date-company-current-extended
accounts · AA01
2023-12-20
termination-director-company-with-name-termination-date
officers · TM01
2023-12-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-09-13