BOROCUDA LIMITED
💤Zombieactive
10329063 · ltd · incorporated 2016-08-15
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 Aug 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Sports and recreation education
Sector: Education
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (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
2 live charges · oldest 7.2y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
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 | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Average employees | 23 | 2700 |
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 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2026-05-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-07➖TRETHOWAN, Tamla Vee-Jay resigneddirector
- 2024-09-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-18🔓Charge satisfied #2
- 2024-09-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-09-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-09-11📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2023-11-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-03➕TRETHOWAN, Tamla Vee-Jay appointeddirector
- 2020-11-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-10-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-07-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-06-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-05-22🔒Charge registered #2Lender: National Westminster Bank PLC
- 2019-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-05-24🔒Charge registered #1Lender: National Westminster Bank PLC
- 2018-11-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-06-02➖TRETHOWAN, James resigneddirector
- 2016-09-16➖CHADAWAY, David Anthony resigneddirector
- 2016-08-15🏢Company incorporatedAs BOROCUDA LIMITED
- 2016-08-15➕TRETHOWAN, James Derek Charles appointeddirector
- 2016-08-15➕CHADAWAY, David Anthony appointeddirector
- 2016-08-15➕TRETHOWAN, James 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.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Derek Charles Trethowan Individual · British · DOB 08/1986 · age 40 | 25–50% | — | 25-50% shares | 08/12/2022 |
Mrs Tamla Vee-Jay Trethowan Individual · British · DOB 03/1987 · age 39 | 25–50% | — | 25-50% shares | 08/12/2022 |
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 · Education & training · TS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ACCL EDUCATION LIMITED→ 12518419 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ASIC GLOBAL LTD→ 07882636 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ASIC UK LTD→ 06040297 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| ASPIRE TECHNICAL TRAINING & ASSESSMENT LIMITED→ 11049522 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ASPLIN NORTH EAST LIMITED→ 09025929 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ASTAM GLOBAL OVERSEAS LIMITED→ 16486776 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BLACKHALL CRICKET CLUB JUNIORS CIC→ 16354801 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BLAST PROGRAMME LIMITED→ 09243206 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| BLENCO CONNECT LTD→ 16609009 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BOROCUDA TEESSIDE AMATEUR SWIMMING CLUB CIC→ 14037793 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BRIDGE LEARNING CENTRE CIC→ 16100043 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BRIGHT SPARKS LED NURSERY GROUP LIMITED→ 10354339 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2016-08-15
Jurisdictionengland-wales
Primary SIC85510 — Sports and recreation education
Registered office
11 Cannon Park Way
Middlesbrough
TS1 5JU
England
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-11-15
Last: 2025-11-01
Officers (1 active · 3 resigned)
TRETHOWAN, James Derek Charles→
Activedirector · ~40y · appointed 2016-08-15
View their other companies + combined net worth →
CHADAWAY, David Anthony→
Resigneddirector · ~51y · appointed 2016-08-15 · resigned 2016-09-16
TRETHOWAN, James→
Resigneddirector · ~47y · appointed 2016-08-15 · resigned 2017-06-02
TRETHOWAN, Tamla Vee-Jay→
Resigneddirector · ~39y · appointed 2020-11-03 · resigned 2025-03-07
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 | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 22/05/2020 | 18/09/2024 | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 24/05/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (37 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-28
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-03
termination-director-company-with-name-termination-date
officers · TM01
2025-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-25
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-09-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-09-11
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2024-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-05
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-16