CONRAD (RUNCORN) LIMITED

🏛️Establishedactive
10969291 · ltd · incorporated 2017-09-19
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 3.5y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
ALSO REGISTERED FOR
  • 41100Development of building projects
  • 82990Other business support service activities n.e.c.
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 3.5y

60/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Charge age ~3.5 years — mid-life; refi window approaching.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (61/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 6 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
56 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
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 2 accounts
Last 180 days
4
filings
  • 2 accounts
  • 2 other
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-04-09
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  2. 2026-04-09
    📄
    legacy
    accounts · PARENT_ACC
  3. 2025-12-28
    📄
    legacy
    other · GUARANTEE2
  4. 2025-12-28
    📄
    legacy
    other · AGREEMENT2
  5. 2025-04-11
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  6. 2025-04-11
    📄
    legacy
    accounts · PARENT_ACC
  7. 2025-04-11
    📄
    legacy
    other · GUARANTEE2
  8. 2025-04-11
    📄
    legacy
    other · AGREEMENT2
  9. 2025-01-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2024-12-30
    O'CARROLL, Anthony James appointed
    director
  11. 2024-10-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2024-10-22
    HARDMAN, Steven Neville resigned
    director
  13. 2024-04-08
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  14. 2024-04-08
    📄
    legacy
    accounts · PARENT_ACC
  15. 2024-04-08
    📄
    legacy
    other · GUARANTEE2
  16. 2024-04-08
    📄
    legacy
    other · AGREEMENT2
  17. 2023-04-20
    📄
    accounts-with-accounts-type-small
    accounts · AA
  18. 2023-01-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  19. 2023-01-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2022-12-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2022-12-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2022-12-20
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC (The Lender)
  23. 2022-12-20
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
  24. 2022-11-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  25. 2022-10-31
    SHEARS, Christopher Noel Barry resigned
    director
  26. 2022-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  27. 2021-05-06
    BATES, David Philip Geoffrey appointed
    director
  28. 2021-04-28
    APPLEBY, Sarah Helen resigned
    director
  29. 2020-07-27
    APPLEBY, Sarah Helen appointed
    director
  30. 2020-07-24
    DUNLEY, Christopher John Stewart resigned
    director
  31. 2018-02-07
    NEW, Mark David appointed
    secretary
  32. 2017-12-19
    DUNLEY, Christopher John Stewart appointed
    director
  33. 2017-09-19
    🏢
    Company incorporated
    As CONRAD (RUNCORN) LIMITED
  34. 2017-09-19
    HARDMAN, Steven Neville appointed
    director
  35. 2017-09-19
    SHEARS, Christopher Noel Barry appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Conrad (Windrush) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Conrad (Windrush) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
CONRAD (RUNCORN) LIMITED
This company · 10969291

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Conrad (Windrush) Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control20/12/2022
1 historic (ceased) PSC
  • Conrad Energy (Holdings) Limitedceased 20/12/2022· 75-100% shares · 75-100% 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 →

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14618542 · est 2023 · no financials extracted
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13815308 · est 2021 · no financials extracted
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13033963 · est 2020 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2017-09-19
Jurisdictionengland-wales
Primary SIC35110 — SIC 35110

Registered office

Suites D & E, Windrush Court
Blacklands Way
Abingdon
OX14 1SY
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-02
Last: 2025-09-18

Officers (3 active · 4 resigned)

NEW, Mark David
secretary · appointed 2018-02-07
View their other companies + combined net worth →
Active
BATES, David Philip Geoffrey
director · ~43y · appointed 2021-05-06
View their other companies + combined net worth →
Active
O'CARROLL, Anthony James
director · ~52y · appointed 2024-12-30
View their other companies + combined net worth →
Active
APPLEBY, Sarah Helen
director · ~47y · appointed 2020-07-27 · resigned 2021-04-28
Resigned
DUNLEY, Christopher John Stewart
director · ~59y · appointed 2017-12-19 · resigned 2020-07-24
Resigned
HARDMAN, Steven Neville
director · ~58y · appointed 2017-09-19 · resigned 2024-10-22
Resigned
SHEARS, Christopher Noel Barry
director · ~55y · appointed 2017-09-19 · resigned 2022-10-31
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC (The Lender)
A registered charge20/12/2022
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
A registered charge2 properties20/12/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (56 total)

accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2026-04-09
legacy
accounts · PARENT_ACC
2026-04-09
legacy
other · GUARANTEE2
2025-12-28
legacy
other · AGREEMENT2
2025-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-19
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-04-11
legacy
accounts · PARENT_ACC
2025-04-11
legacy
other · GUARANTEE2
2025-04-11
legacy
other · AGREEMENT2
2025-04-11
appoint-person-director-company-with-name-date
officers · AP01
2025-01-06
termination-director-company-with-name-termination-date
officers · TM01
2024-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-24
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-04-08
legacy
accounts · PARENT_ACC
2024-04-08
legacy
other · GUARANTEE2
2024-04-08