15 PARC ROAD LTD

💤Zombieactive
11571815 · ltd · incorporated 2018-09-17
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 Sept 2024
Net worth
£9.4k
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 6.9y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 6.9 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · 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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
71/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £9,365

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£9k
↑ 120% YoY
Current Assets
£50k
↓ 1.4% YoY
Current Liabilities
£0£10k£20k£30k£41k£51kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-282023-09-28
Total assets£134.3k£134.4k
Current assets£50.0k£50.7k
Cash£733
Debtors£50.0k£50.0k
Net assets£9.4k£4.3k

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 mortgage
Last 180 days
4
filings
  • 3 mortgage
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-02-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-02-24
    🔒
    Charge registered #5
    Lender: Onesavings Bank PLC
  3. 2025-12-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-12-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-12-01
    🔒
    Charge registered #4
    Lender: Ms Lending Spv 1 Limited
  6. 2025-12-01
    🔒
    Charge registered #3
    Lender: Ms Lending Spv 1 Limited
  7. 2025-05-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-06-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2022-08-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2022-08-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2022-08-24
    🔒
    Charge registered #2
    Lender: Fleet Mortgages Limited
  14. 2022-08-24
    🔓
    Charge satisfied #1
  15. 2022-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2021-08-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2021-06-30
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  18. 2021-04-09
    CURSIO, John Anthony resigned
    director
  19. 2021-04-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2021-04-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2021-02-02
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  22. 2020-09-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2019-10-23
    BURBIDGE, James Gary William appointed
    director
  24. 2019-10-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  25. 2019-10-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  26. 2019-05-29
    🔒
    Charge registered #1
    Lender: Paragon Bank PLC
  27. 2018-09-17
    🏢
    Company incorporated
    As 15 PARC ROAD LTD
  28. 2018-09-17
    CURSIO, John Anthony appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material 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 signal

Some 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 ·
3 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-02-24: A registered charge; 2025-12-01: A registered charge; 2025-12-01: A registered charge

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr James Gary William Burbidge
Individual · British · DOB 02/1980 · age 46
75100%
75–100%board control75-100% shares · 75-100% voting · board control23/10/2019
1 historic (ceased) PSC
  • Mr John Anthony Cursioceased 09/04/2021· 75-100% shares · 75-100% voting

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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2018-09-17
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Axis 8 Mallard Way
Swansea Vale
Swansea
SA7 0AJ
United Kingdom

Filing status

Accounts
Next due: 2026-06-28
Last made up to: 2024-09-28
Confirmation statement
Next due: 2026-11-06
Last: 2025-10-23

Officers (1 active · 1 resigned)

BURBIDGE, James Gary William
director · ~46y · appointed 2019-10-23
View their other companies + combined net worth →
Active
CURSIO, John Anthony
director · ~50y · appointed 2018-09-17 · resigned 2021-04-09
Resigned

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

Mortgages & charges

5
Total charges
4
Outstanding
3
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Onesavings Bank
Onesavings Bank PLC
A registered charge1 property24/02/2026
outstanding
Ms Lending Spv 1
Ms Lending Spv 1 Limited
A registered charge1 property01/12/2025
outstanding
Ms Lending Spv 1
Ms Lending Spv 1 Limited
A registered charge1 property01/12/2025
outstanding
Fleet Mortgages
Fleet Mortgages Limited
A registered charge1 property24/08/2022
satisfied
Paragon
Paragon Bank PLC
A registered charge1 property29/05/201924/08/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (28 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-09
mortgage-satisfy-charge-full
mortgage · MR04
2022-08-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-08-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-05