BUSE SCIENTIFIC LTD

💤Zombieactive
01781278 · ltd · incorporated 1983-12-29
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 Dec 2024
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 77/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 39.9y

15/100
under pressure

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

  • · Oldest live charge is 39.9 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
14 officers (1 active, 14 linked, 13 with DOB)
89
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
147 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees100100

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
  1. 2025-04-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-04-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2023-07-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2023-07-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2023-07-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-07-01
    BELL, Jonathan appointed
    director
  7. 2023-06-30
    SFIKAS, Dimitrios resigned
    director
  8. 2023-05-11
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2022-08-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2022-08-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2022-07-01
    HENDRIKS, Ronald Gradus resigned
    director
  12. 2022-07-01
    SFIKAS, Dimitrios appointed
    director
  13. 2022-07-01
    SFIKAS, Dimitrios resigned
    director
  14. 2022-07-01
    SFIKAS, Dimitrios appointed
    director
  15. 2022-07-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2022-07-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2022-07-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2022-07-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2021-10-15
    📄
    accounts-with-accounts-type-small
    accounts · AA
  20. 2020-09-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  21. 2020-01-23
    📄
    resolution
    resolution · RESOLUTIONS
  22. 2019-02-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2019-02-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2019-02-01
    HENDRIKS, Ronald Gradus appointed
    director
  25. 2019-02-01
    STODDART, Keith Charles resigned
    director
  26. 2018-01-10
    BRAEKLING, Roland Franz resigned
    director
  27. 2016-08-31
    BRAEKLING, Roland Franz appointed
    director
  28. 2016-08-31
    PEPPER, Nicola Louise resigned
    director
  29. 2016-08-31
    PEPPER, Wayne Graham resigned
    director
  30. 2016-08-31
    STODDART, Keith Charles appointed
    director
  31. 2016-05-10
    🔓
    Charge satisfied #3
  32. 2011-11-04
    🔒
    Charge registered #3
    Lender: Bransford Facilities Management Limited
  33. 2011-10-07
    NEIL, Arthur John resigned
    secretary
  34. 2011-10-07
    KINNEAR, Brenda resigned
    director
  35. 2011-10-07
    KINNEAR, Colin Alexander resigned
    director
  36. 2011-10-07
    NEIL, Arthur John resigned
    director
  37. 2011-10-07
    PEPPER, Nicola Louise appointed
    director
  38. 2011-10-07
    PEPPER, Wayne Graham appointed
    director
  39. 2011-10-07
    TAYLOR, Paul Adrian resigned
    director
  40. 2011-07-28
    🔓
    Charge satisfied #2
  41. 2011-04-27
    TAYLOR, Paul Adrian appointed
    director
  42. 2003-05-28
    NEIL, Arthur John appointed
    director
  43. 1995-09-12
    🔒
    Charge registered #2
    Lender: Lloyds Bank PLC
  44. 1995-09-07
    🔓
    Charge satisfied #1
  45. 1995-08-31
    KINNEAR, Brenda appointed
    director
  46. 1995-05-31
    NEIL, Arthur John resigned
    director
  47. 1986-09-01
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  48. 1983-12-29
    🏢
    Company incorporated
    As BUSE SCIENTIFIC LTD

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • 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 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

Buse Gases Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Buse Gases Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
BUSE SCIENTIFIC LTD
This company · 01781278

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
Buse Gases Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control31/08/2016
2 historic (ceased) PSCs
  • Mr Wayne Graham Pepperceased 31/08/2016· 25-50% shares · 25-50% voting
  • Mrs Nicola Louise Pepperceased 31/08/2016· 25-50% shares · 25-50% voting

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
Incorporated1983-12-29
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade

Registered office

Gresty Lane Gresty Lane
Shavington
Crewe
CW2 5DD
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-03
Last: 2026-02-17

Officers (1 active · 13 resigned)

BELL, Jonathan
director · ~41y · appointed 2023-07-01
View their other companies + combined net worth →
Active
NEIL, Arthur John
secretary · resigned 2011-10-07
Resigned
BRAEKLING, Roland Franz
director · ~60y · appointed 2016-08-31 · resigned 2018-01-10
Resigned
HENDRIKS, Ronald Gradus
director · ~56y · appointed 2019-02-01 · resigned 2022-07-01
Resigned
KINNEAR, Brenda
director · ~90y · appointed 1995-08-31 · resigned 2011-10-07
Resigned
KINNEAR, Colin Alexander
director · ~90y · resigned 2011-10-07
Resigned
NEIL, Arthur John
director · ~83y · appointed 2003-05-28 · resigned 2011-10-07
Resigned
NEIL, Arthur John
director · ~83y · resigned 1995-05-31
Resigned
PEPPER, Nicola Louise
director · ~57y · appointed 2011-10-07 · resigned 2016-08-31
Resigned
PEPPER, Wayne Graham
director · ~58y · appointed 2011-10-07 · resigned 2016-08-31
Resigned
SFIKAS, Dimitrios
director · ~47y · appointed 2022-07-01 · resigned 2022-07-01
Resigned
SFIKAS, Dimitrios
director · ~47y · appointed 2022-07-01 · resigned 2023-06-30
Resigned
STODDART, Keith Charles
director · ~68y · appointed 2016-08-31 · resigned 2019-02-01
Resigned
TAYLOR, Paul Adrian
director · ~72y · appointed 2011-04-27 · resigned 2011-10-07
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Bransford Facilities Management
Bransford Facilities Management Limited
Debenture1 property04/11/201110/05/2016
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Single debenture1 property12/09/199528/07/2011
satisfied
Barclays
Barclays Bank PLC
Debenture1 property01/09/198607/09/1995

Recent filings (147 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-11
accounts-with-accounts-type-small
accounts · AA
2025-04-16
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-04
accounts-with-accounts-type-small
accounts · AA
2024-04-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-20
termination-director-company-with-name-termination-date
officers · TM01
2023-07-12
appoint-person-director-company-with-name-date
officers · AP01
2023-07-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-12
accounts-with-accounts-type-small
accounts · AA
2023-05-11
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-27
change-person-director-company-with-change-date
officers · CH01
2022-08-04
accounts-with-accounts-type-small
accounts · AA
2022-08-02
termination-director-company-with-name-termination-date
officers · TM01
2022-07-01
termination-director-company-with-name-termination-date
officers · TM01
2022-07-01
appoint-person-director-company-with-name-date
officers · AP01
2022-07-01