BROWNLEE & ASSOCIATES LTD

🌳Matureactive
09664789 · ltd · incorporated 2015-07-01
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2025
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
-£11k-£7k-£3k£1k£5k£9kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Total assets£-11.1k
Current assets£9.4k
Net assets£-11.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
2
filings
  • 1 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-07-21
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-06-29
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2026-01-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2025-04-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-07-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2024-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-04-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-03-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-04-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-04-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-03-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2016-02-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2016-01-29
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  16. 2016-01-28
    BROWNLEE, Helen appointed
    director
  17. 2016-01-28
    BROWNLEE, Katharine appointed
    director
  18. 2016-01-28
    WILLIAMS, Nathaniel, Mr. resigned
    director
  19. 2015-07-01
    🏢
    Company incorporated
    As BROWNLEE & ASSOCIATES LTD
  20. 2015-07-01
    WILLIAMS, Nathaniel, Mr. appointed
    director

Owner dependency

81/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "BROWNLEE" — strong identity link between founder and business.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-07-14

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ms Katharine Brownlee
Individual · British · DOB 12/1983 · age 43
75100%
75-100% shares06/04/2016
Ms Helen Brownlee - Rowe
Individual · British · DOB 12/1983 · age 43
2550%
25-50% shares01/07/2016

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusactive
Typeltd
Incorporated2015-07-01
Jurisdictionengland-wales
Primary SIC93130 — Fitness facilities

Registered office

2 Palmers Way
Newcastle Under Lyme
ST5 1HA
England

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-14OVERDUE
Last: 2025-06-30

Officers (2 active · 1 resigned)

BROWNLEE, Helen
director · ~43y · appointed 2016-01-28
View their other companies + combined net worth →
Active
BROWNLEE, Katharine
director · ~43y · appointed 2016-01-28
View their other companies + combined net worth →
Active
WILLIAMS, Nathaniel, Mr.
director · ~33y · appointed 2015-07-01 · resigned 2016-01-28
Resigned

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

Recent filings (30 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-07-21
dissolution-application-strike-off-company
dissolution · DS01
2026-06-29
accounts-with-accounts-type-dormant
accounts · AA
2026-01-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-30