BANCROFT HINCHEY LIMITED
💤Zombieactive
02496196 · ltd · incorporated 1990-04-26
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 Mar 2025
Net worth
£467
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Agents specialised in the sale of other particular products
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 71121Engineering design activities for industrial process and production
- 71122Engineering related scientific and technical consulting activities
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
3 live charges · oldest 28.5y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 28.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 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
4 officers (1 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
116 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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £467
Net assets shrinking
Down £14,373 YoY
Cash YoY
+20203%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£63k
↑ 20203% YoY
Net Worth
£467
↓ 97% YoY
Current Assets
£168k
↑ 47% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £467 | £14.8k |
| Current assets | £167.5k | £114.1k |
| Cash | £62.9k | £310 |
| Debtors | £88.1k | £99.5k |
| Net assets | £467 | £14.8k |
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
2
filings
- • 1 confirmation-statement
- • 1 address
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2026-03-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-05-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-05-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-04-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-04-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-04-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-04-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-26📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-04-21📄memorandum-articlesincorporation · MA
- 2023-04-21📄resolutionresolution · RESOLUTIONS
- 2023-04-18➕GRANT, Joshua Lee appointeddirector
- 2023-04-18➖BANCROFT-HINCHEY, Lorena Ann resignedsecretary
- 2023-04-18➖BANCROFT-HINCHEY, Christopher Simon resigneddirector
- 2023-04-11📄capital-allotment-sharescapital · SH01
- 2022-11-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-04📍move-registers-to-registered-office-company-with-new-addressaddress · AD04
- 2020-12-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-04-27🔓Charge satisfied #3
- 2017-04-27🔓Charge satisfied #2
- 2017-04-27🔓Charge satisfied #1
- 2006-03-08🔒Charge registered #3Lender: Barclays Bank PLC
- 1998-10-01➕BANCROFT-HINCHEY, Lorena Ann appointedsecretary
- 1998-09-30➖HINCHEY, Arthur George Bancroft resignedsecretary
- 1998-01-19🔒Charge registered #2Lender: Barclays Bank PLC
- 1998-01-19🔒Charge registered #1Lender: Barclays Bank PLC
- 1990-04-26🏢Company incorporatedAs BANCROFT HINCHEY LIMITED
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalMultiple 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 36 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Grant Group Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Grant Group Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
BANCROFT HINCHEY LIMITED
This company · 02496196
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Grant Group Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 18/04/2023 |
2 historic (ceased) PSCs
- Mrs Lorena Ann Bancroft-Hincheyceased 18/04/2023· 25-50% shares · 25-50% voting
- Mr Christopher Simon Bancroft-Hincheyceased 18/04/2023· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · RG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AXUNIO LTD→ 15677540 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BAD WORKWEAR UK PTY LTD→ 14318721 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BALDERTECH LTD→ 11852754 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| BALUS LTD→ 16900790 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BAMTS LIMITED→ 04203897 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| BARBARY GROUP LIMITED→ 15861109 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BARKHAM OFFICE FURNITURE LIMITED→ 04126900 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| BAROLHURST RESOURCES LIMITED→ 01665878 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| BASHIR INTERNATIONAL LIMITED→ 15794459 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BASHIR TRADING LIMITED→ 15788053 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BASIOX CONTROLS LIMITED→ 14598606 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| BAYER PUBLIC LIMITED COMPANY→ 00935048 · est 1968 · no financials extracted | — | — | — | — | 57y | — | — |
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
Incorporated1990-04-26
Jurisdictionengland-wales
Primary SIC46180 — Agents specialised in the sale of other particular products
Registered office
10 Beech Court, Wokingham Road
Hurst
Reading
RG10 0RQ
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-05-03
Last: 2026-04-19
Officers (1 active · 3 resigned)
GRANT, Joshua Lee→
Activedirector · ~37y · appointed 2023-04-18
View their other companies + combined net worth →
BANCROFT-HINCHEY, Lorena Ann→
Resignedsecretary · appointed 1998-10-01 · resigned 2023-04-18
HINCHEY, Arthur George Bancroft→
Resignedsecretary · resigned 1998-09-30
BANCROFT-HINCHEY, Christopher Simon→
Resigneddirector · ~68y · resigned 2023-04-18
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 08/03/2006 | 27/04/2017 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 19/01/1998 | 27/04/2017 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 19/01/1998 | 27/04/2017 |
Recent filings (116 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-11
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-05-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-05-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-04-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-04-26
appoint-person-director-company-with-name-date
officers · AP01
2023-04-26
termination-director-company-with-name-termination-date
officers · TM01
2023-04-26