BISHOPBOND LIMITED

💤Zombieactive
01683451 · ltd · incorporated 1982-12-02
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
59/100
Worth a look
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What this business does
Primary activity: SIC 3614
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 59/100 (worth a look), bankability 30/100. Strong seller-intent signal (63/100, director aged 89). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

Data confidence

Overall: low (43/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
2 filings — limited history
30
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (3 events)Click to expand
  1. 2017-12-20
    📄
    restoration-order-of-court
    restoration · AC92
  2. 1987-01-01
    📄
    selection-of-documents-registered-before-January-1987
    historical · PRE87
  3. 1982-12-02
    🏢
    Company incorporated
    As BISHOPBOND LIMITED

Owner dependency

95/100
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.
  • +Founder age: Director aged approximately 89 — succession pressure is live.
  • +No director turnover: Company is 43 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

85/100
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 89 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 43 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 1993-04-30

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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11 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.

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Company details

Statusactive
Typeltd
Incorporated1982-12-02
Jurisdictionengland-wales
Primary SIC3614 — SIC 3614

Registered office

Winchester House
Corporation Street
Taunton
Somerset
TA1 4AJ

Filing status

Accounts
Next due: 1993-04-30OVERDUE
Last made up to: 1991-06-30
Confirmation statement
Next due:
Last:

Officers (2 active · 0 resigned)

TREHARNE, Judith Peta
secretary
View their other companies + combined net worth →
Active
TREHARNE, Maldwyn Louis
director · ~89y
View their other companies + combined net worth →
Active

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

Recent filings (2 total)

restoration-order-of-court
restoration · AC92
2017-12-20
selection-of-documents-registered-before-January-1987
historical · PRE87
1987-01-01