1 AND 2 GLADSTONE COURT LIMITED

🌳Matureactive

04703207 · private-limited-guarant-nsc · incorporated 2003-03-19

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 Mar 2025

Net worth

—

book net assets

Opportunity

72/100

Strong

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What this business does

Primary activity: Residents property management

Sector: Activities of households

Investor take

Pass (distressed without resilience)

Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 79). Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

7 officers (3 active, 7 linked, 3 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

64 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31

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

Recent activity

Last 30 days

filings

• 2 officers

Last 90 days

filings

• 2 officers

Last 180 days

filings

• 2 officers
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (28 events)Click to expand

2026-03-28
📄
change-person-director-company-with-change-date
officers · CH01
2026-03-26
📄
change-person-director-company-with-change-date
officers · CH01
2025-11-23
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-11-24
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-12-18
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-11-23
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-11-23
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-02-18
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-11-21
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-11-23
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-11-24
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-11-27
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-03-19
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2015-11-26
📄
accounts-with-accounts-type-dormant
accounts · AA
2015-03-22
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2014-11-28
📄
accounts-with-accounts-type-dormant
accounts · AA
2005-10-18
➕
MULCAHY, Michael appointed
secretary
2005-10-18
➕
GALLOWAY, Steven Anthony James appointed
director
2005-10-18
➕
MULCAHY, Michael appointed
director
2005-05-31
➖
LEA, Rachel Helen resigned
secretary
2005-05-31
➖
LEA, David John resigned
director
2003-03-26
➕
LEA, Rachel Helen appointed
secretary
2003-03-26
➕
LEA, David John appointed
director
2003-03-19
🏢
Company incorporated
As 1 AND 2 GLADSTONE COURT LIMITED
2003-03-19
➕
SECRETARIAL APPOINTMENTS LIMITED appointed
corporate-nominee-secretary
2003-03-19
➖
SECRETARIAL APPOINTMENTS LIMITED resigned
corporate-nominee-secretary
2003-03-19
➕
CORPORATE APPOINTMENTS LIMITED appointed
corporate-nominee-director
2003-03-19
➖
CORPORATE APPOINTMENTS LIMITED resigned
corporate-nominee-director

Owner dependency

83/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

91/100

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 79 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-02

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Michael Mulcahy Individual · British · DOB 11/1947 · age 79	—	—	sig. influencesignificant influence	19/03/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Holding company · CV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
1 PURLEY PLACE MANAGEMENT LTD→ 15754926 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
1-11 GCA FREEHOLD COMPANY LIMITED→ 15693770 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
10 DALE STREET MANAGEMENT LIMITED→ 02993860 · est 1994 · no financials extracted	—	—	—	—	31y	—	—
10 WILLES ROAD FREEHOLD LIMITED→ 06626975 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
100 IVERSON ROAD LIMITED→ 05991678 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
11 GABRIEL STREET RTM COMPANY LIMITED→ 16107581 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
11112741 LTD→ 11112741 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
14 JEFFERSON AVENUE FREEHOLD LIMITED→ 12500907 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
15 TO 22 MARSTON CROFT RESIDENTS MANAGEMENT COMPANY LIMITED→ 13763952 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
150-160 (EVEN) RUGBY ROAD LIMITED→ 06955580 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
15041469 NATALIS LTD→ 15229522 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
153 WSM PROPERTY MANAGEMENT COMPANY LIMITED→ 12091620 · est 2019 · no financials extracted	—	—	—	—	6y	—	—

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.

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Company details

Statusactive

Typeprivate-limited-guarant-nsc

Incorporated2003-03-19

Jurisdictionengland-wales

Primary SIC98000 — Residents property management

Registered office

16 Ladycroft

Cubbington

Leamington Spa

Warwickshire

CV32 7NH

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-04-02OVERDUE

Last: 2025-03-19

Officers (3 active · 4 resigned)

MULCAHY, Michael→

secretary · appointed 2005-10-18

View their other companies + combined net worth →

Active

GALLOWAY, Steven Anthony James→

director · ~50y · appointed 2005-10-18

View their other companies + combined net worth →

Active

MULCAHY, Michael→

director · ~79y · appointed 2005-10-18

View their other companies + combined net worth →

Active

LEA, Rachel Helen→

secretary · appointed 2003-03-26 · resigned 2005-05-31

Resigned

SECRETARIAL APPOINTMENTS LIMITED→

corporate-nominee-secretary · appointed 2003-03-19 · resigned 2003-03-19

Resigned

LEA, David John→

director · ~71y · appointed 2003-03-26 · resigned 2005-05-31

Resigned

CORPORATE APPOINTMENTS LIMITED→

corporate-nominee-director · appointed 2003-03-19 · resigned 2003-03-19

Resigned

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

Recent filings (64 total)

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

officers · CH01

2026-03-28

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

officers · CH01

2026-03-26