BONUS ELECTRICAL LIMITED

🌳Matureactive
01191139 · ltd · incorporated 1974-11-19
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£2.64M
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: SIC 46439
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 60-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 48.1y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 48.1 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
16 officers (3 active, 16 linked, 10 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
129 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £2,644,219
Net assets shrinking
Down £818,901 YoY
Cash YoY
-28%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£866k
↓ 28% YoY
Net Worth
£2.6m
↓ 24% YoY
Current Assets
£2.6m
↓ 21% YoY
Current Liabilities
—
£0£693k£1.4m£2.1m£2.8m£3.5mJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Total assets£2.64M£3.46M
Current assets£2.61M£3.30M
Cash£866.1k£1.20M
Debtors£559.6k£798.0k
Net assets£2.64M£3.46M

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

🔒Filing-note intelligence

1 signal 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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (50 events)Click to expand
  1. 2026-03-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-03-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2024-03-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2023-06-30
    ➕
    HENRIKSEN, Jean appointed
    secretary
  5. 2023-06-30
    ➖
    GIBSON, Thomas Edward resigned
    secretary
  6. 2023-06-30
    ➖
    GIBSON, Thomas Edward resigned
    director
  7. 2023-06-30
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2023-06-30
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  9. 2023-06-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2023-03-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2022-05-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2022-05-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2022-05-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  14. 2022-03-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2021-07-01
    ➕
    GIBSON, Thomas Edward appointed
    secretary
  16. 2021-07-01
    ➕
    GIBSON, Thomas Edward appointed
    director
  17. 2021-07-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2021-07-01
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  19. 2021-07-01
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  20. 2021-07-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2021-07-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2021-06-30
    ➖
    JACKSON, Rodney resigned
    secretary
  23. 2021-06-30
    ➖
    JACKSON, Rodney resigned
    director
  24. 2021-06-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  25. 2020-02-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  26. 2018-04-25
    🔓
    Charge satisfied #4
  27. 2016-09-26
    ➕
    JACKSON, Rodney appointed
    secretary
  28. 2016-09-26
    ➖
    PARKER, David resigned
    secretary
  29. 2013-04-23
    ➖
    GREEN, John Howard resigned
    secretary
  30. 2013-04-23
    ➕
    PARKER, David appointed
    secretary
  31. 2013-03-01
    ➖
    YOUNG, Allen resigned
    director
  32. 2011-03-29
    🔒
    Charge registered #5
    Lender: The Trustees of the Bonus Electrical Limited Directors Pension Scheme
  33. 2010-10-13
    🔒
    Charge registered #4
    Lender: Rbs Invoice Finance Limited
  34. 2010-08-13
    🔓
    Charge satisfied #3
  35. 2007-05-01
    ➕
    GREEN, John Howard appointed
    secretary
  36. 2007-04-30
    ➖
    JAGGER, Robert Wilfred resigned
    secretary
  37. 2007-04-30
    ➖
    JAGGER, Robert Wilfred resigned
    director
  38. 2003-01-31
    ➖
    CLIFFE, Gary resigned
    director
  39. 2002-07-01
    ➕
    YOUNG, Allen appointed
    director
  40. 2001-09-01
    ➕
    MADDEN, Darren appointed
    director
  41. 1998-12-31
    ➖
    BOANAS, Pamela resigned
    director
  42. 1997-11-10
    🔒
    Charge registered #3
    Lender: Axa Equity & Law (Trustees) Limited(as Pension Trustee)
  43. 1997-05-31
    ➖
    BOANAS, Trevor Samuel Eric resigned
    director
  44. 1997-01-01
    ➕
    BOANAS, Shaun Trevor Eric appointed
    director
  45. 1997-01-01
    ➕
    JACKSON, Rodney appointed
    director
  46. 1993-12-01
    ➖
    JOBLING, Peter resigned
    director
  47. 1993-10-01
    ➕
    CLIFFE, Gary appointed
    director
  48. 1980-06-27
    🔒
    Charge registered #2
    Lender: National Westminster Bank LTD
  49. 1978-05-23
    🔒
    Charge registered #1
    Lender: National Westminster Bank LTD
  50. 1974-11-19
    🏢
    Company incorporated
    As BONUS ELECTRICAL LIMITED

Owner dependency

76/100
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.
  • +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

76/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 52 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Bonus Electrical Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Bonus Electrical Group Ltd
Corporate parent · holds 75-100% shares
ultimate parent
⬇
BONUS ELECTRICAL LIMITED
This company · 01191139

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Bonus Electrical Group Ltd
Corporate entity
75–100%
—75-100% shares06/04/2016

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 →

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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
Incorporated1974-11-19
Jurisdictionengland-wales
Primary SIC46439 — SIC 46439

Registered office

Unit 1 Kingswood Business Park
Connaught Road
Hull
HU7 3AP
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (3 active · 13 resigned)

HENRIKSEN, Jean→
secretary · appointed 2023-06-30
View their other companies + combined net worth →
Active
BOANAS, Shaun Trevor Eric→
director · ~56y · appointed 1997-01-01
View their other companies + combined net worth →
Active
MADDEN, Darren→
director · ~60y · appointed 2001-09-01
View their other companies + combined net worth →
Active
GIBSON, Thomas Edward→
secretary · appointed 2021-07-01 · resigned 2023-06-30
Resigned
GREEN, John Howard→
secretary · appointed 2007-05-01 · resigned 2013-04-23
Resigned
JACKSON, Rodney→
secretary · appointed 2016-09-26 · resigned 2021-06-30
Resigned
JAGGER, Robert Wilfred→
secretary · resigned 2007-04-30
Resigned
PARKER, David→
secretary · appointed 2013-04-23 · resigned 2016-09-26
Resigned
BOANAS, Pamela→
director · ~79y · resigned 1998-12-31
Resigned
BOANAS, Trevor Samuel Eric→
director · ~80y · resigned 1997-05-31
Resigned
CLIFFE, Gary→
director · ~70y · appointed 1993-10-01 · resigned 2003-01-31
Resigned
GIBSON, Thomas Edward→
director · ~43y · appointed 2021-07-01 · resigned 2023-06-30
Resigned
JACKSON, Rodney→
director · ~71y · appointed 1997-01-01 · resigned 2021-06-30
Resigned
JAGGER, Robert Wilfred→
director · ~82y · resigned 2007-04-30
Resigned
JOBLING, Peter→
director · ~90y · resigned 1993-12-01
Resigned
YOUNG, Allen→
director · ~68y · appointed 2002-07-01 · resigned 2013-03-01
Resigned

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

Mortgages & charges

5
Total charges
3
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
The Trustees of the Bonus Electrical Directors Pension Scheme
The Trustees of the Bonus Electrical Limited Directors Pension Scheme
Charge1 property29/03/2011—
satisfied
NatWest Group
Rbs Invoice Finance Limited
All assets debenture1 property13/10/201025/04/2018
satisfied
Axa Equity & Law (Trustees) (as Pension Trustee) / Trevor Samuel Eric Boanas / And Lisa Jayne Warren(All Asc Trustees of the Bunus Electical Directors' Pension Scheme) / Pamela Boanas / Shaun Trevor Eric Boanus
Axa Equity & Law (Trustees) Limited(as Pension Trustee) / Trevor Samuel Eric Boanas / And Lisa Jayne Warren(All Asc Trustees of the Bunus Electical Limited Directors' Pension Scheme) / Pamela Boanas / Shaun Trevor Eric Boanus
Mortgage debenture1 property10/11/199713/08/2010
outstanding
National Westminster Bank
National Westminster Bank LTD
Mortgage debenture1 property27/06/1980—
outstanding
National Westminster Bank
National Westminster Bank LTD
Legal mortgage1 property23/05/1978—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (129 total)

accounts-with-accounts-type-small
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-06
accounts-with-accounts-type-small
accounts · AA
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-02
accounts-with-accounts-type-small
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-03
termination-secretary-company-with-name-termination-date
officers · TM02
2023-06-30
appoint-person-secretary-company-with-name-date
officers · AP03
2023-06-30
termination-director-company-with-name-termination-date
officers · TM01
2023-06-30
accounts-with-accounts-type-small
accounts · AA
2023-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-03
change-person-director-company-with-change-date
officers · CH01
2022-05-06
change-person-director-company-with-change-date
officers · CH01
2022-05-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-05-06
accounts-with-accounts-type-small
accounts · AA
2022-03-10