BRIXHAM TRAWLER AGENTS LIMITED

📉Decliningactive
02147074 · ltd · incorporated 1987-07-14
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.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "declining"
🔒Estimated value
—
Upgrade to see
Turnover
£16.93M
year to Dec 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 46380Wholesale of other food, including fish, crustaceans and molluscs
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

2 live charges · oldest 21.3y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 21.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
13 officers (4 active, 13 linked, 10 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
127 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £112,808
Turnover YoY
-3%
Year on year

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
Turnover£16.93M£17.47M
Gross profit£2.20M£2.34M
Operating profit£108.6k£191.4k
Profit before tax£112.8k£193.7k
Average employees72006300

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

🔒Filing-note intelligence

2 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
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2025-09-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-04-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-04-25
    ➖
    BAILEY, Mathew James resigned
    director
  4. 2024-08-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2023-09-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2022-11-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2022-09-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2021-12-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2021-09-23
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2020-11-16
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2020-11-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2020-11-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2020-11-01
    ➕
    MUDGE, Adam Stuart appointed
    director
  14. 2020-10-31
    ➖
    SHAW, Michael Colin resigned
    director
  15. 2019-09-25
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2019-04-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  17. 2019-04-10
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  18. 2019-02-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2019-01-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2019-01-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2019-01-01
    ➕
    MUDGE, Adam Stuart appointed
    secretary
  22. 2019-01-01
    ➕
    WATSON, Neil appointed
    director
  23. 2018-12-31
    ➖
    SHAW, Michael Colin resigned
    secretary
  24. 2018-12-31
    ➖
    SMITH, Richard Northcott resigned
    director
  25. 2018-12-31
    ➖
    WALKER, Michael Roberts resigned
    director
  26. 2018-05-23
    ➕
    BAILEY, Mathew James appointed
    director
  27. 2013-01-01
    ➕
    YOUNG, Barry Charles appointed
    director
  28. 2011-12-20
    ➕
    SHAW, Michael Colin appointed
    director
  29. 2005-03-02
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  30. 2005-03-02
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  31. 2004-08-31
    ➖
    PYNN, David John resigned
    director
  32. 2003-08-01
    ➕
    SHAW, Michael Colin appointed
    secretary
  33. 2003-07-31
    ➖
    HART, Paul Ernest resigned
    secretary
  34. 2001-04-10
    ➖
    COOKE, Malcolm Neale Grenside resigned
    director
  35. 2001-01-26
    ➕
    SMITH, Richard Northcott appointed
    director
  36. 2001-01-26
    ➕
    WALKER, Michael Roberts appointed
    director
  37. 1998-08-31
    ➖
    DODD, Barry Thomas Richard resigned
    director
  38. 1987-07-14
    🏢
    Company incorporated
    As BRIXHAM TRAWLER AGENTS LIMITED

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

63/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondary12+ year tenure: Director in role 13 years.
  • secondaryStable-but-static management: Company is 39 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

South West Trawler Agents (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
South West Trawler Agents (Holdings) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
BRIXHAM TRAWLER AGENTS LIMITED
This company · 02147074

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
South West Trawler Agents (Holdings) Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control03/04/2019

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
Incorporated1987-07-14
Jurisdictionengland-wales
Primary SIC03110 — SIC 03110

Registered office

New Fish Quay
Brixham
South Devon
TQ5 8AW

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-28
Last: 2026-04-14

Officers (4 active · 9 resigned)

MUDGE, Adam Stuart→
secretary · appointed 2019-01-01
View their other companies + combined net worth →
Active
MUDGE, Adam Stuart→
director · ~60y · appointed 2020-11-01
View their other companies + combined net worth →
Active
WATSON, Neil→
director · ~59y · appointed 2019-01-01
View their other companies + combined net worth →
Active
YOUNG, Barry Charles→
director · ~56y · appointed 2013-01-01
View their other companies + combined net worth →
Active
HART, Paul Ernest→
secretary · resigned 2003-07-31
Resigned
SHAW, Michael Colin→
secretary · appointed 2003-08-01 · resigned 2018-12-31
Resigned
BAILEY, Mathew James→
director · ~59y · appointed 2018-05-23 · resigned 2025-04-25
Resigned
COOKE, Malcolm Neale Grenside→
director · ~90y · resigned 2001-04-10
Resigned
DODD, Barry Thomas Richard→
director · ~82y · resigned 1998-08-31
Resigned
PYNN, David John→
director · ~76y · resigned 2004-08-31
Resigned
SHAW, Michael Colin→
director · ~71y · appointed 2011-12-20 · resigned 2020-10-31
Resigned
SMITH, Richard Northcott→
director · ~80y · appointed 2001-01-26 · resigned 2018-12-31
Resigned
WALKER, Michael Roberts→
director · ~81y · appointed 2001-01-26 · resigned 2018-12-31
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property02/03/2005—
outstanding
National Westminster Bank
National Westminster Bank PLC
Charge of deposit1 property02/03/2005—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (127 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-15
accounts-with-accounts-type-full
accounts · AA
2025-09-09
termination-director-company-with-name-termination-date
officers · TM01
2025-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-17
accounts-with-accounts-type-full
accounts · AA
2024-08-01
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-25
accounts-with-accounts-type-full
accounts · AA
2023-09-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-28
change-person-director-company-with-change-date
officers · CH01
2022-11-28
accounts-with-accounts-type-full
accounts · AA
2022-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-22
change-person-director-company-with-change-date
officers · CH01
2021-12-06
accounts-with-accounts-type-full
accounts · AA
2021-09-23
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-27
accounts-with-accounts-type-full
accounts · AA
2020-11-16