BOYCE GROUP LTD Group Structure: Subsidiaries & UBO
Executive summary
BOYCE GROUP LTD (company number 08194280) is an active UK holding entity incorporated on 29 August 2012, operating under SIC code 68100 (buying and selling of own real estate). Downstream corporate ownership mapping via reverse PSC analysis confirms that BOYCE GROUP LTD exercises direct statutory control over nine active UK subsidiaries, predominantly structured as property special purpose vehicles and management entities. Upstream control sits entirely with Mr Niall Oliver Leighton-Boyce, who holds an ownership interest of 75% to 100% of the shares, establishing him as the sole ultimate beneficial owner (UBO).
What a Companies House search shows
A direct query on the Companies House register reveals only the company's standalone statutory filing history and its upward control chain. Under the statutory framework established by Part 21A of the Companies Act 2006, a company's public register identifies its directors, its filing history, and the parties who control it upwards. It does not provide an outward-looking index of the corporate entities that the company itself owns.
Searching for BOYCE GROUP LTD on the public register returns its current corporate status, incorporation date, registered office filings, and its Persons with Significant Control (PSC) register. According to the PSC register, the upstream control of BOYCE GROUP LTD is recorded as follows:
- Mr Niall Oliver Leighton-Boyce: individual person with significant control, holding ownership of shares from 75% to 100%. The public record shows this control was notified on 6 April 2016.
In terms of corporate officers, the public register records the following directorship appointments:
- Niall LEIGHTON-BOYCE: appointed director on 22 November 2012, British nationality, resident in the United Kingdom, born June 1987. Status: active.
- Niall BOYCE: appointed director on 29 August 2012, resigned on 22 November 2012, British nationality, resident in England, born August 1987.
While this reveals who directs and owns BOYCE GROUP LTD, Companies House search does not display downstream holdings. A corporate analyst or legal counsel reviewing BOYCE GROUP LTD on the registry cannot see the subsidiaries it controls without searching every single UK register entry individually or interrogating historical filed accounts.
What the reverse PSC search reveals: the downstream group
To map the corporate group structure downwards, Corp Intel indexes the entire UK PSC register and runs a reverse PSC search. By identifying every UK company that lists BOYCE GROUP LTD as a registrable corporate person with significant control, the downstream group can be fully reconstructed tier by tier.
Filed group accounts can list subsidiaries, but they are frequently filed months after the accounting reference date, may omit dormant or recently incorporated entities, or are entirely absent when a group qualifies for small or micro-entity audit exemptions. In contrast, the statutory PSC register requires companies to notify changes within 14 days and file within an additional 14 days under the Economic Crime and Corporate Transparency Act 2023.
The reverse PSC search establishes that BOYCE GROUP LTD acts as the corporate parent for nine active UK subsidiaries. Each subsidiary is controlled at the 75% to 100% shareholding threshold, and none currently record second-tier subsidiaries.
BOYCE GROUP LTD downstream subsidiaries
| Company | Number | Status | Control band | Own subsidiaries |
| :--- | :--- | :--- | :--- | :--- |
| BOYCE SPV 3 LTD | 13356770 | Active | 75-100% shares | 0 |
| BOYCE SPV 10 LTD | 14367681 | Active | 75-100% shares | 0 |
| NAP MANAGEMENT LTD | 14378710 | Active | 75-100% shares | 0 |
| BOYCE SPV LTD | 13289867 | Active | 75-100% shares | 0 |
| BOYCE SPV 2 LTD | 13293393 | Active | 75-100% shares | 0 |
| BOYCE SPV 11 LTD | 14682206 | Active | 75-100% shares | 0 |
| KINGSWAY CENTRE MANAGEMENT LTD | 15370487 | Active | 75-100% shares | 0 |
| BOYCE SPV 9 LTD | 14354564 | Active | 75-100% shares | 0 |
| THREE BLACKBIRDS LTD | 12373238 | Active | 75-100% shares | 0 |
All nine entities are private limited companies incorporated between December 2019 and December 2023. Seven of the nine entities carry numerical special purpose vehicle (SPV) designations, consistent with property holding and ring-fenced asset structures commonly encountered under SIC code 68100. Two subsidiaries, NAP MANAGEMENT LTD and KINGSWAY CENTRE MANAGEMENT LTD, reflect operational or management designations.
Who sits at the top: upstream ownership to the UBO
Tracing the ownership chain upwards confirms that BOYCE GROUP LTD does not have an intermediate or offshore parent company. The upstream chain terminates directly in an individual person with significant control.
Under Schedule 1A of the Companies Act 2006, an individual holding more than 25% of the shares or voting rights qualifies as a registrable person. For BOYCE GROUP LTD, Mr Niall Oliver Leighton-Boyce holds between 75% and 100% of the share capital. Because no intermediate corporate vehicles sit between BOYCE GROUP LTD and Mr Niall Oliver Leighton-Boyce, he is identified for the purposes of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017) as the ultimate beneficial owner of the entire group.
When verifying beneficial ownership across the subsidiaries, the control path is uniform: Mr Niall Oliver Leighton-Boyce controls BOYCE GROUP LTD, which in turn holds statutory control (75% to 100% shares) across all nine subsidiary entities.
Why the structure matters for due diligence
Understanding the exact corporate group structure of BOYCE GROUP LTD is critical for multiple legal, credit, and commercial procedures.
Contracting and corporate liability
In a parent-subsidiary framework, corporate separateness dictates that a contract entered into with BOYCE GROUP LTD does not automatically bind BOYCE SPV LTD, BOYCE SPV 2 LTD, or any other entity in the tree. Commercial counterparties and suppliers must identify precisely which legal entity owns the underlying assets or operational turnover before executing agreements.
Secured lending, charges, and asset ring-fencing
Property SPV structures are routinely deployed to compartmentalise liabilities and grant isolated security to specific senior lenders. A bank advancing funding against real estate held by BOYCE SPV 3 LTD requires a debenture and legal charge registered over that specific company's assets. Lenders must conduct a company charge check across each subsidiary to verify existing encumbrances, fixed charges, and floating charges filed at Companies House.
Insolvency risk and cross-guarantees
If an SPV encounters cash-flow distress, lenders and creditors must examine whether parent company guarantees or cross-company indemnities exist. Where insolvency exposure is assessed, practitioners reviewing petition risks should perform a winding up search across both the parent and operating subsidiaries to determine if any creditor action has been commenced against individual vehicles.
AML and KYC compliance
Under UK anti-money laundering regulations, banks, legal conveyancers, and regulated professionals cannot rely solely on self-certified corporate org charts. Regulated entities must verify the complete chain of ownership from each trading subsidiary up to the natural persons who exercise ultimate control. With BOYCE GROUP LTD, compliance officers can confirm that 100% of the downstream vehicles map directly to a single identified UBO.
Step-by-step: how to verify a UK corporate structure
When conducting formal due diligence on an unquoted UK corporate group, analysts and legal teams should apply this structured verification methodology:
1. Extract root filings: inspect the target company's current register record, incorporation certificate, and standard industrial classification (SIC) codes on Companies House.
2. Examine upstream PSC filings: determine whether the target is owned by natural persons, intermediate holding companies, or overseas entities.
3. Perform a reverse PSC search: query the comprehensive UK PSC database to identify all UK companies that name the target entity as their registrable corporate PSC.
4. Map multi-tier structures: for each identified subsidiary, repeat the reverse query to capture second-tier and third-tier subsidiaries.
5. Audit outstanding security: conduct a search for registered legal mortgages and debentures against every entity across the tree.
6. Establish continuous monitoring: configure free company monitoring to receive immediate notifications when new subsidiaries are incorporated, share allocations change, or directors are updated.
How to get this as a chart
Mapping complex groups manually across multiple Companies House filings is slow and vulnerable to missed subsidiaries, particularly when entities do not share common naming conventions. Corp Intel produces a consolidated Corporate Org Chart PDF for £25. The report automatically extracts the Register of Companies and the full PSC register, visualizing the complete upstream ownership chain and all downstream subsidiaries, complete with incorporation dates, company numbers, and statutory control tiers.
For corporate lawyers, lenders and compliance teams
Corporate conveyancers, M&A fee-earners, and institutional lenders are legally obligated to evidence beneficial ownership structures prior to transaction completion or credit approval. Relying on outdated filed accounts leaves blind spots for recent SPV additions, disposals, or changes in control bands. Corp Intel delivers dated, fully mapped corporate structure charts sourced directly from public register data to ensure compliance files meet rigorous MLR 2017 standards.
FAQ
Can you find a company's subsidiaries directly on Companies House?
No. The standard Companies House search tool only looks upward and displays the target company's own record, its directors, and its PSC register. It does not provide a feature to search downward and list the entities that a company owns. Downstream subsidiaries can only be uncovered systematically by searching the entire public register in reverse to find every company that names the parent as its corporate PSC.
Who is the ultimate beneficial owner of BOYCE GROUP LTD?
According to the statutory PSC register, Mr Niall Oliver Leighton-Boyce is the sole ultimate beneficial owner of BOYCE GROUP LTD, holding an ownership interest of 75% to 100% of the shares. Because BOYCE GROUP LTD owns between 75% and 100% of the shares in its nine subsidiaries, he is also the UBO of those subsidiaries.
How many subsidiaries does BOYCE GROUP LTD have?
BOYCE GROUP LTD has nine direct UK subsidiaries recorded on the statutory register: BOYCE SPV 3 LTD, BOYCE SPV 10 LTD, NAP MANAGEMENT LTD, BOYCE SPV LTD, BOYCE SPV 2 LTD, BOYCE SPV 11 LTD, KINGSWAY CENTRE MANAGEMENT LTD, BOYCE SPV 9 LTD, and THREE BLACKBIRDS LTD. None of these entities currently register second-tier subsidiaries.
Why are filed group accounts insufficient for subsidiary due diligence?
Filed group accounts reflect a historical snapshot as of the company's financial year-end and are often submitted several months later. Additionally, small or medium-sized groups may claim filing exemptions that omit granular subsidiary balance sheets, and newly incorporated SPVs will not appear in annual accounts until the subsequent reporting cycle. A reverse PSC search reflects current statutory filings notified to the registrar.
What nature of control does BOYCE GROUP LTD exercise over its subsidiaries?
Across all nine subsidiaries, the PSC register records BOYCE GROUP LTD under the ownership control band of 75% to 100% of shares, representing outright majority ownership and voting control.