BICC PALCO LIMITED

💤Zombieactive
01724908 · ltd · incorporated 1983-05-19
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
70/100
Strong
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What this business does
Primary activity: SIC 7499
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 70/100 (strong), bankability 55/100. Strong seller-intent signal (78/100, director aged 79). 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 (53/100).

Data confidence

Overall: low (47/100)

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
10 officers (2 active, 10 linked, 7 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
9 connected companies via shared directors
72
Filing history
2 filings — limited history
30
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
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.

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 (18 events)Click to expand
  1. 2020-03-10
    📄
    restoration-order-of-court
    restoration · AC92
  2. 2000-09-30
    MURRAY, Stuart Fraser resigned
    director
  3. 1999-05-28
    BNOMS LIMITED appointed
    corporate-secretary
  4. 1999-05-28
    PEARSON, Christopher Rait O'Neill appointed
    director
  5. 1999-05-28
    MCDONNELL, Albert resigned
    secretary
  6. 1999-05-28
    MCDONNELL, Albert resigned
    director
  7. 1999-05-28
    MURRAY, Stuart Fraser appointed
    director
  8. 1999-05-28
    SLEEMAN, Howard David resigned
    director
  9. 1997-12-01
    MCDONNELL, Albert appointed
    secretary
  10. 1997-12-01
    MCDONNELL, Albert appointed
    director
  11. 1997-10-31
    PORTER, Keith James resigned
    director
  12. 1997-08-02
    EVANS, Roger William resigned
    director
  13. 1997-07-31
    FILDES, Graham resigned
    secretary
  14. 1996-02-01
    EVANS, Roger William appointed
    director
  15. 1995-06-30
    HUTSON, Ronald Barry resigned
    director
  16. 1994-11-23
    PORTER, Keith James appointed
    director
  17. 1987-01-01
    📄
    selection-of-documents-registered-before-January-1987
    historical · PRE87
  18. 1983-05-19
    🏢
    Company incorporated
    As BICC PALCO LIMITED

Owner dependency

100/100
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 27 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

100/100
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 79 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 27 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

1 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: 2001-10-31

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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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.

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🔒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.

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Company details

Statusactive
Typeltd
Incorporated1983-05-19
Jurisdictionengland-wales
Primary SIC7499 — SIC 7499

Registered office

Fourth Floor
130 Wilton Road
London
SW1V 1LQ

Filing status

Accounts
Next due: 2001-10-31OVERDUE
Last made up to: 1999-12-31
Confirmation statement
Next due:
Last:

Officers (2 active · 8 resigned)

BNOMS LIMITED
corporate-secretary · appointed 1999-05-28
View their other companies + combined net worth →
Active
PEARSON, Christopher Rait O'Neill
director · ~79y · appointed 1999-05-28
View their other companies + combined net worth →
Active
FILDES, Graham
secretary · resigned 1997-07-31
Resigned
MCDONNELL, Albert
secretary · appointed 1997-12-01 · resigned 1999-05-28
Resigned
EVANS, Roger William
director · ~79y · appointed 1996-02-01 · resigned 1997-08-02
Resigned
HUTSON, Ronald Barry
director · ~88y · resigned 1995-06-30
Resigned
MCDONNELL, Albert
director · ~80y · appointed 1997-12-01 · resigned 1999-05-28
Resigned
MURRAY, Stuart Fraser
director · ~78y · appointed 1999-05-28 · resigned 2000-09-30
Resigned
PORTER, Keith James
director · ~77y · appointed 1994-11-23 · resigned 1997-10-31
Resigned
SLEEMAN, Howard David
director · ~77y · resigned 1999-05-28
Resigned

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

Recent filings (2 total)

restoration-order-of-court
restoration · AC92
2020-03-10
selection-of-documents-registered-before-January-1987
historical · PRE87
1987-01-01