SQ3 LIMITED

🌳Matureactive

04416359 · ltd · incorporated 2002-04-15

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 23.8y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Development of building projects

Sector: Construction

ALSO REGISTERED FOR

68100Buying and selling of own real estate

Investor take

Pursue

Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 23.8y

70/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 23.8 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 20/100 — 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, 2 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

18 officers (4 active, 18 linked, 13 with DOB)

Ownership & PSC

2 active PSC(s) of 3 total, 3 with control declared

Director network

28 connected companies via shared directors

Filing history

123 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

• 2 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (55 events)Click to expand

2025-11-21
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2025-11-21
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2025-11-19
➕
THOMSON, Alexis appointed
secretary
2025-11-19
➖
PARK, Katherine Mary resigned
secretary
2025-06-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-03
📄
change-person-director-company-with-change-date
officers · CH01
2022-12-15
📄
change-person-director-company-with-change-date
officers · CH01
2022-08-03
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-05-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-17
📄
change-person-director-company-with-change-date
officers · CH01
2021-07-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-13
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-12-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-10-27
➖
BUTCHART, Ian resigned
director
2019-11-22
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2019-11-22
📄
change-person-director-company-with-change-date
officers · CH01
2019-08-21
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2019-08-08
➕
PARK, Katherine Mary appointed
secretary
2019-07-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-08-29
➕
KING, Allan Alexander appointed
director
2018-08-29
➕
MILLOY, David Thomas appointed
director
2018-08-29
➕
BUTCHART, Ian appointed
director
2018-08-29
➖
RUTTERFORD, Michael David resigned
director
2018-08-29
➖
SUTHERLAND, Andrew resigned
director
2017-06-30
➖
HAGGERTY, Euan James Edward resigned
director
2015-05-31
➖
MILLER, Philip Hartley resigned
director
2012-05-16
➖
SMYTH, Pamela June resigned
secretary
2011-07-01
➖
BORLAND, Donald William resigned
director
2011-07-01
➕
HAGGERTY, Euan James Edward appointed
director
2011-05-19
🔓
Charge satisfied #2
2009-09-18
➖
JACKSON, Julie Mansfield resigned
director
2009-05-29
➖
WOOD, Marlene resigned
director
2007-08-20
➕
BORLAND, Donald William appointed
director
2005-02-25
➕
JACKSON, Julie Mansfield appointed
director
2005-02-25
➕
WOOD, Marlene appointed
director
2004-01-21
🔓
Charge satisfied #1
2004-01-19
🔒
Charge registered #2
Lender: Motorola Limited
2003-12-17
➕
YOUNG, Eric Macfie appointed
director
2003-12-17
➕
MILLER, Philip Hartley appointed
director
2003-12-17
➖
MILLOY, David Thomas resigned
director
2003-12-17
➕
RUTTERFORD, Michael David appointed
director
2003-12-17
➖
WOOD, Marlene resigned
director
2002-07-17
➕
MILLOY, David Thomas appointed
director
2002-07-11
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
2002-04-15
🏢
Company incorporated
As SQ3 LIMITED
2002-04-15
➕
SMYTH, Pamela June appointed
secretary
2002-04-15
➕
SDG SECRETARIES LIMITED appointed
corporate-nominee-secretary

Showing most recent 50 of 55 events

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

+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

80/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

2 corporate shareholders identified. Group structure is distributed.

🏛️

M2 Three Limited

Corporate parent · holds 50-75% shares

majority

🏛️

Rutterford Limited

Corporate parent · holds 25-50% shares

significant stake

⬇

SQ3 LIMITED

This company · 04416359

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

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
M2 Three Limited Corporate entity	50–75%	50–75%	50-75% shares · 50-75% voting	03/04/2018
Rutterford Limited Corporate entity	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

1 historic (ceased) PSC

Miller Developments Holdings Limitedceased 03/04/2018· 25-50% shares · 25-50% 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 →

Similar companies

Active · Construction · M postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
100 PERCENT GROUP LIMITED→ 06930633 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
11:88 MANAGEMENT LTD→ 12415207 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
110% INTERIORS LIMITED→ 05069858 · est 2004 · no financials extracted	—	—	—	—	22y	—	—
1214 DEVELOPMENTS LTD→ 12490486 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
123 CONSTRUCTIONS LIMITED→ 08832265 · est 2014 · no financials extracted	—	—	—	—	12y	—	—
14 FLOORING LTD→ 12088026 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
1NG UTILITIES LTD→ 16231128 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
1ST CALL MAINTENANCE (MANCHESTER) LTD→ 06686719 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
1ST CHOICE ACE GARAGE DOORS LTD→ 16373524 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
1ST CHOICE GRAB HIRE LIMITED→ 10405017 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
1ST CHOICE PROPERTY SERVICES (UK) LTD→ 06713536 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
1ST SHIELD MAINTENANCE LTD→ 14104984 · est 2022 · no financials extracted	—	—	—	—	3y	—	—

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

Incorporated2002-04-15

Jurisdictionengland-wales

Primary SIC41100 — Development of building projects

Registered office

One

St. Peters Square

Manchester

Greater Manchester

M2 3DE

United Kingdom

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-01-31

Last: 2026-01-17

Officers (4 active · 14 resigned)

THOMSON, Alexis→

secretary · appointed 2025-11-19

View their other companies + combined net worth →

Active

KING, Allan Alexander→

director · ~37y · appointed 2018-08-29

View their other companies + combined net worth →

Active

MILLOY, David Thomas→

director · ~61y · appointed 2018-08-29

View their other companies + combined net worth →

Active

YOUNG, Eric Macfie→

director · ~71y · appointed 2003-12-17

View their other companies + combined net worth →

Active

PARK, Katherine Mary→

secretary · appointed 2019-08-08 · resigned 2025-11-19

Resigned

SMYTH, Pamela June→

secretary · appointed 2002-04-15 · resigned 2012-05-16

Resigned

SDG SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 2002-04-15 · resigned 2002-04-15

Resigned

BORLAND, Donald William→

director · ~60y · appointed 2007-08-20 · resigned 2011-07-01

Resigned

BUTCHART, Ian→

director · ~70y · appointed 2018-08-29 · resigned 2020-10-27

Resigned

HAGGERTY, Euan James Edward→

director · ~49y · appointed 2011-07-01 · resigned 2017-06-30

Resigned

JACKSON, Julie Mansfield→

director · ~61y · appointed 2005-02-25 · resigned 2009-09-18

Resigned

MILLER, Philip Hartley→

director · ~70y · appointed 2003-12-17 · resigned 2015-05-31

Resigned

MILLOY, David Thomas→

director · ~61y · appointed 2002-07-17 · resigned 2003-12-17

Resigned

RUTTERFORD, Michael David→

director · ~79y · appointed 2003-12-17 · resigned 2018-08-29

Resigned

SUTHERLAND, Andrew→

director · ~65y · appointed 2002-04-15 · resigned 2018-08-29

Resigned

WOOD, Marlene→

director · ~64y · appointed 2005-02-25 · resigned 2009-05-29

Resigned

WOOD, Marlene→

director · ~64y · appointed 2002-04-15 · resigned 2003-12-17

Resigned

SDG REGISTRARS LIMITED→

corporate-nominee-director · appointed 2002-04-15 · resigned 2002-04-15

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	satisfied	Motorola Motorola Limited	Standard security which was presented for registration in scotland on 23 january 2004 and	1 property	19/01/2004	19/05/2011
	satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Legal charge	1 property	11/07/2002	21/01/2004

Recent filings (123 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-01-19

termination-secretary-company-with-name-termination-date

officers · TM02

2025-11-21

appoint-person-secretary-company-with-name-date

officers · AP03

2025-11-21

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-06-25

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-01-17

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-06-13

confirmation-statement-with-updates

confirmation-statement · CS01

2024-01-17

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-06-16

change-person-director-company-with-change-date

officers · CH01

2023-05-03

confirmation-statement-with-updates

confirmation-statement · CS01

2023-01-17

change-person-director-company-with-change-date

officers · CH01

2022-12-15

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2022-08-03

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-05-26

confirmation-statement-with-updates

confirmation-statement · CS01

2022-01-17

change-person-director-company-with-change-date

officers · CH01

2022-01-17