BAPP INDUSTRIAL SUPPLIES (HULL) LIMITED

🌳Matureactive
01820891 · ltd · incorporated 1984-05-31
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
—
year to Dec 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: SIC 46760
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 63-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 57/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

6 live charges · 5 lenders · oldest 33.4y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 33.4 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: high (83/100)

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
11 officers (2 active, 11 linked, 9 with DOB)
86
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
128 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Dec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-12-312024-12-31
Average employees18001800

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

🔒Filing-note intelligence

3 signals 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
2
filings
  • • 1 address
  • • 1 accounts
Last 180 days
3
filings
  • • 1 address
  • • 1 accounts
  • • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
  1. 2026-06-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-06-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2026-02-26
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2026-02-26
    🔓
    Charge satisfied #4
  5. 2025-09-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-07-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-02-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2024-02-16
    🔒
    Charge registered #6
    Lender: Hsbc UK Bank PLC
  9. 2024-02-12
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  10. 2023-05-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-05-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-01-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2021-01-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-12-08
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2020-10-08
    📄
    capital-allotment-shares
    capital · SH01
  16. 2020-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-02-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-10-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2017-04-11
    ➖
    REEVE, Peter Anthony resigned
    secretary
  20. 2017-04-11
    ➖
    REEVE, Peter Anthony resigned
    director
  21. 2014-01-20
    🔒
    Charge registered #5
    Lender: Hsbc Invoice Finance (UK) LTD
  22. 2011-03-17
    🔒
    Charge registered #4
    Lender: Hsbc Bank PLC
  23. 2009-01-01
    ➕
    REEVE, Adam Peter appointed
    director
  24. 2006-06-27
    🔒
    Charge registered #3
    Lender: Hsbc Invoice Finance (UK) LTD ("the Security Holder")
  25. 2006-06-16
    ➕
    REEVE, Peter Anthony appointed
    director
  26. 2006-05-23
    🔓
    Charge satisfied #1
  27. 2005-09-01
    ➕
    REEVE, Peter Anthony appointed
    director
  28. 2005-09-01
    ➖
    REEVE, Peter Anthony resigned
    director
  29. 2005-09-01
    ➖
    TOPHAM, Anthony Brian resigned
    director
  30. 2005-04-19
    ➖
    COOK, Barry Millthorpe resigned
    secretary
  31. 2005-04-19
    ➕
    REEVE, Peter Anthony appointed
    secretary
  32. 2005-04-19
    ➖
    COOK, Barry Millthorpe resigned
    director
  33. 2002-06-06
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  34. 2000-09-25
    ➖
    MCGRAYNOR, Peter resigned
    director
  35. 1998-12-15
    ➖
    PHILLIPS, Malcolm resigned
    director
  36. 1998-12-15
    ➕
    TOPHAM, Anthony Brian appointed
    director
  37. 1997-11-14
    ➕
    COOK, Dean Garth appointed
    director
  38. 1997-11-14
    ➕
    PHILLIPS, Malcolm appointed
    director
  39. 1996-08-31
    ➖
    REEVE, Peter Anthony resigned
    director
  40. 1993-02-24
    🔒
    Charge registered #1
    Lender: Lloyds Bank PLC
  41. 1984-05-31
    🏢
    Company incorporated
    As BAPP INDUSTRIAL SUPPLIES (HULL) 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 29 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

86/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 42 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.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Adam Peter Reeve
Individual · British · DOB 01/1982 · age 44
25–50%
—25-50% shares01/07/2016
Mr Dean Cook
Individual · English · DOB 01/1963 · age 63
——sig. influencesignificant influence12/04/2017
1 historic (ceased) PSC
  • Mr Peter Anthony Reeveceased 11/04/2017· significant influence

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
Incorporated1984-05-31
Jurisdictionengland-wales
Primary SIC46760 — SIC 46760

Registered office

Units 3 & 4 The Point
Stoneferry Road
Hull
East Riding Of Yorkshire
HU8 8BZ
England

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (2 active · 9 resigned)

COOK, Dean Garth→
director · ~63y · appointed 1997-11-14
View their other companies + combined net worth →
Active
REEVE, Adam Peter→
director · ~44y · appointed 2009-01-01
View their other companies + combined net worth →
Active
COOK, Barry Millthorpe→
secretary · resigned 2005-04-19
Resigned
REEVE, Peter Anthony→
secretary · appointed 2005-04-19 · resigned 2017-04-11
Resigned
COOK, Barry Millthorpe→
director · ~90y · resigned 2005-04-19
Resigned
MCGRAYNOR, Peter→
director · ~91y · resigned 2000-09-25
Resigned
PHILLIPS, Malcolm→
director · ~67y · appointed 1997-11-14 · resigned 1998-12-15
Resigned
REEVE, Peter Anthony→
director · ~75y · appointed 2006-06-16 · resigned 2017-04-11
Resigned
REEVE, Peter Anthony→
director · ~75y · appointed 2005-09-01 · resigned 2005-09-01
Resigned
REEVE, Peter Anthony→
director · ~75y · resigned 1996-08-31
Resigned
TOPHAM, Anthony Brian→
director · ~71y · appointed 1998-12-15 · resigned 2005-09-01
Resigned

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

Mortgages & charges

6
Total charges
4
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property16/02/2024—
outstanding
HSBC
Hsbc Invoice Finance (UK) LTD
A registered charge1 property20/01/2014—
satisfied
HSBC
Hsbc Bank PLC
Legal assignment1 property17/03/201126/02/2026
outstanding
HSBC
Hsbc Invoice Finance (UK) LTD ("the Security Holder")
Fixed charge on purchased debts which fail to vest1 property27/06/2006—
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property06/06/2002—
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Single debenture1 property24/02/199323/05/2006
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (128 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-06-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-04
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-20
change-account-reference-date-company-previous-extended
accounts · AA01
2024-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-01-04