BIS SALAMIS LIMITED

🌳Matureactive
01690942 · ltd · incorporated 1983-01-13
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
not disclosed
Net worth
book net assets
Opportunity
62/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 4525
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 45/100. Strong seller-intent signal (78/100, director aged 70). 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 (45/100). Current lenders should be on monthly review.

Data confidence

Overall: low (49/100)

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
16 officers (3 active, 16 linked, 10 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
3 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
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 (29 events)Click to expand
  1. 2018-05-29
    📄
    restoration-order-of-court
    restoration · AC92
  2. 2010-06-10
    BIRKETT, Andrew Richard resigned
    director
  3. 2010-05-31
    ASHCROFT, Paul Stuart appointed
    secretary
  4. 2010-05-31
    DAVIDSON, Gordon resigned
    secretary
  5. 2008-12-31
    WAUGH, Stephen David appointed
    director
  6. 2008-12-31
    NICKERSON, Ian resigned
    director
  7. 2007-09-01
    BIRKETT, Andrew Richard appointed
    director
  8. 2005-08-01
    NICKERSON, David Malcolm appointed
    director
  9. 2005-07-31
    THOMSON, David Andrew Torrens resigned
    director
  10. 2003-12-31
    WEDDLE, William Joseph resigned
    director
  11. 2003-08-20
    DAVIDSON, Gordon appointed
    secretary
  12. 2003-07-18
    ELVIN, Steven James resigned
    secretary
  13. 2003-02-14
    BRODIE, Ian resigned
    director
  14. 2000-05-18
    ELVIN, Steven James appointed
    secretary
  15. 2000-04-05
    MORRISON, Louise Mary resigned
    secretary
  16. 2000-02-17
    DRUMMOND, Robert Sommerville resigned
    director
  17. 2000-02-17
    NICKERSON, Ian appointed
    director
  18. 1999-01-13
    BRODIE, Ian resigned
    secretary
  19. 1999-01-13
    MORRISON, Louise Mary appointed
    secretary
  20. 1998-12-03
    BRODIE, Ian appointed
    secretary
  21. 1998-12-03
    WEDDLE, William Joseph resigned
    secretary
  22. 1998-12-03
    BRODIE, Ian appointed
    director
  23. 1998-12-03
    DRUMMOND, Robert Sommerville appointed
    director
  24. 1998-12-03
    NEALE, Terence Gary resigned
    director
  25. 1998-12-03
    THOMSON, David Andrew Torrens appointed
    director
  26. 1998-12-03
    TRIGG, Bernard resigned
    director
  27. 1995-01-01
    📄
    selection-of-documents-registered-before-January-1995
    historical · PRE95
  28. 1987-01-01
    📄
    selection-of-documents-registered-before-January-1987
    historical · PRE87
  29. 1983-01-13
    🏢
    Company incorporated
    As BIS SALAMIS LIMITED

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 70 — 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 70 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 43 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high ·
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: 2011-09-30

Confirmation statement overdue
high

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

Evidence: Next due: 2017-06-05

🔒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 →

Similar companies

Active · Automotive · WA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AM AUTOS NW LTD
14237852 · est 2022 · no financials extracted
3y
AM VEHICLE GROUP LTD
12033816 · est 2019 · no financials extracted
6y
ASTMOOR BRIDGE GARAGE LIMITED
07896533 · est 2012 · no financials extracted
14y
AVI4ALL LTD
10610606 · est 2017 · no financials extracted
9y
BAS (NW) LIMITED
08353221 · est 2013 · no financials extracted
13y
BIRCHWOOD MOT LTD
10222412 · est 2016 · no financials extracted
9y
BIRKIN SERVICE CENTRE LIMITED
03796986 · est 1999 · no financials extracted
26y
BITUMEN PLANT & COMMERCIAL LIMITED
11450212 · est 2018 · no financials extracted
7y
BLACKBROOK CAR SALES COMPANY LTD
16286453 · est 2025 · no financials extracted
1y
BLYTH VEHICLE SERVICES LTD
16438179 · est 2025 · no financials extracted
BM AUTO BODY WORKS LTD
16815165 · est 2025 · no financials extracted
BOARDMAN'S COACHES LIMITED
00516474 · est 1953 · no financials extracted
73y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated1983-01-13
Jurisdictionengland-wales
Primary SIC4525 — SIC 4525

Registered office

Axis House Tudor Road
Manor Park
Runcorn
Cheshire
WA7 1BD
United Kingdom

Filing status

Accounts
Next due: 2011-09-30OVERDUE
Last made up to: 2009-12-31
Confirmation statement
Next due: 2017-06-05OVERDUE
Last:

Officers (3 active · 13 resigned)

ASHCROFT, Paul Stuart
secretary · appointed 2010-05-31
View their other companies + combined net worth →
Active
NICKERSON, David Malcolm
director · ~50y · appointed 2005-08-01
View their other companies + combined net worth →
Active
WAUGH, Stephen David
director · ~70y · appointed 2008-12-31
View their other companies + combined net worth →
Active
BRODIE, Ian
secretary · appointed 1998-12-03 · resigned 1999-01-13
Resigned
DAVIDSON, Gordon
secretary · appointed 2003-08-20 · resigned 2010-05-31
Resigned
ELVIN, Steven James
secretary · appointed 2000-05-18 · resigned 2003-07-18
Resigned
MORRISON, Louise Mary
secretary · appointed 1999-01-13 · resigned 2000-04-05
Resigned
WEDDLE, William Joseph
secretary · resigned 1998-12-03
Resigned
BIRKETT, Andrew Richard
director · ~63y · appointed 2007-09-01 · resigned 2010-06-10
Resigned
BRODIE, Ian
director · ~78y · appointed 1998-12-03 · resigned 2003-02-14
Resigned
DRUMMOND, Robert Sommerville
director · ~71y · appointed 1998-12-03 · resigned 2000-02-17
Resigned
NEALE, Terence Gary
director · ~79y · resigned 1998-12-03
Resigned
NICKERSON, Ian
director · ~79y · appointed 2000-02-17 · resigned 2008-12-31
Resigned
THOMSON, David Andrew Torrens
director · ~81y · appointed 1998-12-03 · resigned 2005-07-31
Resigned
TRIGG, Bernard
director · ~92y · resigned 1998-12-03
Resigned
WEDDLE, William Joseph
director · ~76y · resigned 2003-12-31
Resigned

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

Recent filings (3 total)

restoration-order-of-court
restoration · AC92
2018-05-29
selection-of-documents-registered-before-January-1995
historical · PRE95
1995-01-01
selection-of-documents-registered-before-January-1987
historical · PRE87
1987-01-01