B.A.GOUGH EQUIPMENT LIMITED

💤Zombieactive
00832770 · ltd · incorporated 1964-12-30
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 Mar 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 28220
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (65/100, director aged 64). Share purchase looks the cleaner deal structure. 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 (73/100).

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
97 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review 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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 officers
Last 180 days
2
filings
  • 1 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-05-11
    O'CARROLL, Nicholas Sean resigned
    director
  2. 2026-05-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-01-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-08-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-01-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-01-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2022-05-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2021-11-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2020-10-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2020-10-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2020-10-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2020-10-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2020-10-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2020-10-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2020-10-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2020-10-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2020-10-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2020-10-11
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  19. 2019-10-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2002-07-01
    GOUGH, Bernard Alfred resigned
    director
  21. 1997-02-01
    O'CARROLL, Janet Gwendoline appointed
    secretary
  22. 1997-01-31
    GOUGH, Gwendoline Muriel resigned
    secretary
  23. 1997-01-31
    GOUGH, Gwendoline Muriel resigned
    director
  24. 1994-11-01
    O CARROLL, Janet Gwendoline appointed
    director
  25. 1994-11-01
    O'CARROLL, Nicholas Sean appointed
    director
  26. 1964-12-30
    🏢
    Company incorporated
    As B.A.GOUGH EQUIPMENT LIMITED

Owner dependency

93/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

90/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 61 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: 2026-05-28

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mrs Janet Gwendoline O Carroll
Individual · British · DOB 07/1962 · age 64
2550%
25-50% shares06/04/2016

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 →
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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
Typeltd
Incorporated1964-12-30
Jurisdictionengland-wales
Primary SIC28220 — SIC 28220

Registered office

Snailbeach Farmhouse
Snailbeach
Shrewsbury
SY5 0LW
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-28OVERDUE
Last: 2025-05-14

Officers (2 active · 4 resigned)

O'CARROLL, Janet Gwendoline
secretary · appointed 1997-02-01
View their other companies + combined net worth →
Active
O CARROLL, Janet Gwendoline
director · ~64y · appointed 1994-11-01
View their other companies + combined net worth →
Active
GOUGH, Gwendoline Muriel
secretary · resigned 1997-01-31
Resigned
GOUGH, Bernard Alfred
director · ~97y · resigned 2002-07-01
Resigned
GOUGH, Gwendoline Muriel
director · ~93y · resigned 1997-01-31
Resigned
O'CARROLL, Nicholas Sean
director · ~58y · appointed 1994-11-01 · resigned 2026-05-11
Resigned

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

Recent filings (97 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-05-11
accounts-with-accounts-type-dormant
accounts · AA
2026-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-16
accounts-with-accounts-type-dormant
accounts · AA
2024-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-13
accounts-with-accounts-type-dormant
accounts · AA
2024-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-14
accounts-with-accounts-type-dormant
accounts · AA
2022-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-06
accounts-with-accounts-type-dormant
accounts · AA
2021-11-06
change-person-director-company-with-change-date
officers · CH01
2020-10-12
change-person-director-company-with-change-date
officers · CH01
2020-10-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-10-12