23 SOUTHSEA RTM COMPANY LIMITED

🌿Early-stageactive
14970731 · private-limited-guarant-nsc · incorporated 2023-06-29
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Residents property management
Sector: Activities of households
Investor take
Pursue
Asset-holding vehicle with a 72-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 72). Share purchase looks the cleaner deal structure. 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 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red 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
£0£0£0£0£0£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30

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

🔒Filing-note intelligence

2 signals 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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-02-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-03-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-03-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-03-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-08-12
    BUTCHER, Carol Ann resigned
    director
  7. 2024-08-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2024-08-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2023-06-29
    🏢
    Company incorporated
    As 23 SOUTHSEA RTM COMPANY LIMITED
  10. 2023-06-29
    BUTCHER, Edward Terence appointed
    director
  11. 2023-06-29
    LEWIS, Samuel Bartley appointed
    director
  12. 2023-06-29
    BUTCHER, Carol Ann appointed
    director
  13. 2023-06-29
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

78/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 72 — succession pressure is live.
  • +Young company: Only 3.0 years old — management layer unlikely to be developed.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Edward Terence Butcher
Individual · British · DOB 05/1954 · age 72
25–50%25-50% voting29/06/2023
Samuel Bartley Lewis
Individual · British · DOB 03/1973 · age 53
25–50%25-50% voting29/06/2023
1 historic (ceased) PSC
  • Carol Ann Butcherceased 12/08/2024· 25-50% voting

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 →
🔒Tailored diligence questions

8 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
Typeprivate-limited-guarant-nsc
Incorporated2023-06-29
Jurisdictionengland-wales
Primary SIC98000 — Residents property management

Registered office

1434 London Road
Leigh-On-Sea
SS9 2UL
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-06-22
Last: 2026-06-08

Officers (2 active · 1 resigned)

BUTCHER, Edward Terence
director · ~72y · appointed 2023-06-29
View their other companies + combined net worth →
Active
LEWIS, Samuel Bartley
director · ~53y · appointed 2023-06-29
View their other companies + combined net worth →
Active
BUTCHER, Carol Ann
director · ~71y · appointed 2023-06-29 · resigned 2024-08-12
Resigned

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

Recent filings (11 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-28
change-person-director-company-with-change-date
officers · CH01
2025-03-27
change-person-director-company-with-change-date
officers · CH01
2025-03-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-12
termination-director-company-with-name-termination-date
officers · TM01
2024-08-12
incorporation-company
incorporation · NEWINC
2023-06-29