APPLETREE (2) LTD
💤Zombieactive
09629160 · ltd · incorporated 2015-06-08
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 Jun 2025
Net worth
£-95.6k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Child day-care activities
Sector: Human health & social work
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 73/100 (strong), bankability 75/100. 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: strategic trade sale (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 9.1y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 5 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £95,566
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£96k
Current Assets
£19k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £15.6k | — |
| Current assets | £19.4k | — |
| Debtors | £19.4k | — |
| Net assets | £-95.6k | — |
| Average employees | — | 0 |
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
5
filings
- • 2 officers
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
- 2026-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-01-20✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2026-01-19➖BUTTLE, Victoria resigneddirector
- 2026-01-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-15➕BUTTLE, Peter appointeddirector
- 2026-01-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-01-17➕BUTTLE, Peter appointedsecretary
- 2024-01-17➖EVANS, Adrian Martyn resignedsecretary
- 2024-01-17➖EVANS, Adrian Martyn resigneddirector
- 2024-01-17📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-01-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-17📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2022-10-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-07-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-07-01➕BUTTLE, Victoria appointeddirector
- 2022-04-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-07-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-03-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-07-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-06-30➖BUTTLE, Victoria resignedsecretary
- 2019-06-30➖BUTTLE, Peter resigneddirector
- 2019-06-30➖BUTTLE, Victoria resigneddirector
- 2019-06-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-06-30📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-06-01➕EVANS, Adrian Martyn appointedsecretary
- 2019-06-01➕EVANS, Adrian Martyn appointeddirector
- 2018-06-05🔓Charge satisfied #1
- 2017-08-10🔒Charge registered #2Lender: Finance Wales Investments (10) LTD
- 2017-06-06🔒Charge registered #1Lender: Alfandari Private Equities LTD
- 2016-09-29➕BUTTLE, Victoria appointeddirector
- 2015-06-08🏢Company incorporatedAs APPLETREE (2) LTD
- 2015-06-08➕BUTTLE, Victoria appointedsecretary
- 2015-06-08➕BUTTLE, Peter 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
1 med ·Name changed recently
mediumName changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2026-01-20: certificate-change-of-name-company
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Victoria Buttle Individual · British · DOB 08/1978 · age 48 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 10/10/2016 |
Mr Peter Buttle Individual · British · DOB 08/1977 · age 49 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 09/06/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Healthcare & medical · NP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AJB UROLOGY LIMITED→ 14134059 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ANDRADA DENT LTD→ 15310783 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ANEANO HEALTHCARE LIMITED→ 13571631 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ARCADIA CARE HOMES LIMITED→ 07798439 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ARTEMIS SOUL SANCTUARY LIMITED→ 14691455 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ATI2UDE CARE LIMITED→ 16886367 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AUDERE MEDICAL SERVICES LIMITED→ 04328849 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| AVENTIS HEALTH LTD→ 17023539 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AZIRA AESTHETICS LIMITED→ 10183710 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| B124U LTD→ 13435945 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| B4U CARE LTD→ 10033573 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| BALOUA LIMITED→ 13797303 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2015-06-08
Jurisdictionengland-wales
Primary SIC88910 — Child day-care activities
Registered office
Wales 1 Day Nursery Newport Road
Magor
Caldicot
NP26 3DG
Wales
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-06-08
Last: 2026-05-25
Officers (2 active · 6 resigned)
Active
BUTTLE, Peter→
Activedirector · ~49y · appointed 2026-01-15
View their other companies + combined net worth →
BUTTLE, Victoria→
Resignedsecretary · appointed 2015-06-08 · resigned 2019-06-30
EVANS, Adrian Martyn→
Resignedsecretary · appointed 2019-06-01 · resigned 2024-01-17
BUTTLE, Peter→
Resigneddirector · ~49y · appointed 2015-06-08 · resigned 2019-06-30
BUTTLE, Victoria→
Resigneddirector · ~48y · appointed 2022-07-01 · resigned 2026-01-19
BUTTLE, Victoria→
Resigneddirector · ~48y · appointed 2016-09-29 · resigned 2019-06-30
EVANS, Adrian Martyn→
Resigneddirector · ~61y · appointed 2019-06-01 · resigned 2024-01-17
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Finance Wales Investments (10) Finance Wales Investments (10) LTD | A registered charge | — | 10/08/2017 | — | |
| satisfied | Alfandari Private Equities Alfandari Private Equities LTD | A registered charge | 7 properties | 06/06/2017 | 05/06/2018 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (48 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-26
certificate-change-of-name-company
change-of-name · CERTNM
2026-01-20
termination-director-company-with-name-termination-date
officers · TM01
2026-01-19
appoint-person-director-company-with-name-date
officers · AP01
2026-01-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-29
accounts-with-accounts-type-dormant
accounts · AA
2024-03-28
termination-secretary-company-with-name-termination-date
officers · TM02
2024-01-17
termination-director-company-with-name-termination-date
officers · TM01
2024-01-17
appoint-person-secretary-company-with-name-date
officers · AP03
2024-01-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-07
appoint-person-director-company-with-name-date
officers · AP01
2022-10-28