228 HIGH ST (CHELTENHAM) LIMITED
🏛️Establishedactive
10725558 · ltd · incorporated 2017-04-13
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 Apr 2025
Net worth
£304
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Special-situation opportunityDistressed trade-services with salvageable qualities — special-situations priority.
Opportunity 69/100 (strong), 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: Cash flow review and working-capital discipline. Cash down -73% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
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 5 total, 5 with control declared
90
Director network
Network not yet resolved
30
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £304
Net assets shrinking
Down £1,846 YoY
Cash draining
Cash down 73% YoY
Cash YoY
-73%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£654
↓ 73% YoY
Net Worth
£304
↓ 86% YoY
Current Assets
£654
↓ 73% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £304 | £2.1k |
| Current assets | £654 | £2.5k |
| Cash | £654 | £2.5k |
| Net assets | £304 | £2.1k |
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
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-01-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-05-20📄change-person-director-company-with-change-dateofficers · CH01
- 2024-04-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-04-23➕MITCHELL, Jo appointeddirector
- 2024-04-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-10-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-10-11➕BORG, Lawrence appointeddirector
- 2022-10-11➖WATSON, Andrew Arthur resigneddirector
- 2022-10-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-10-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-10-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-06-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-05-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-09-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-04-13🏢Company incorporatedAs 228 HIGH ST (CHELTENHAM) LIMITED
- 2017-04-13➕WATSON, Andrew Arthur appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-04-26
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Jo Mitchell Individual · British · DOB 10/1963 · age 63 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 23/04/2024 |
Mr Lawrence Borg Individual · British · DOB 01/1966 · age 60 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 11/10/2022 |
3 historic (ceased) PSCs
- Mr Andrew Arthur Watsonceased 11/10/2022· 25-50% shares · 25-50% voting
- Mr Alex Clarkceased 12/04/2022· 25-50% shares · 25-50% voting
- Mr Adam Leylandceased 12/04/2022· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Trade services · GL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 STOP FIRE AND SECURITY LTD→ 09364285 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 1979 LIMITED→ 11234510 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 1E4 CONSULTING LTD→ 10423881 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 20 GREAT STANHOPE STREET LIMITED→ 04616516 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| 24KEYS LIMITED→ 08985202 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| 26 EVESHAM ROAD MANAGEMENT COMPANY LIMITED→ 05019435 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| 2ND CHANCE MAINTENANCE LTD→ 14126195 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 3JN LTD→ 06588680 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 4RIIS LTD→ 16559303 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 5 MONTPELLIER BARBERS LTD→ 17012446 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 7 RUTLAND MEWS LIMITED→ 09127041 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 7NORTHFIELD PROJECTS LIMITED→ 09366145 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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
Incorporated2017-04-13
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
Flat 1 228 High Street
Cheltenham
GL50 3HF
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-04-26OVERDUE
Last: 2025-04-12
Officers (2 active · 1 resigned)
BORG, Lawrence→
Activedirector · ~60y · appointed 2022-10-11
View their other companies + combined net worth →
MITCHELL, Jo→
Activedirector · ~63y · appointed 2024-04-23
View their other companies + combined net worth →
WATSON, Andrew Arthur→
Resigneddirector · ~65y · appointed 2017-04-13 · resigned 2022-10-11
Click a director name to see their full track record across all companies.
Recent filings (33 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-20
change-person-director-company-with-change-date
officers · CH01
2024-05-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-24
appoint-person-director-company-with-name-date
officers · AP01
2024-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-17
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-10-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-10-12
appoint-person-director-company-with-name-date
officers · AP01
2022-10-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-11
termination-director-company-with-name-termination-date
officers · TM01
2022-10-11