BY-PASS FILTRATION LIMITED

💤Zombieactive
02501145 · ltd · incorporated 1990-05-11
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 Oct 2025
Net worth
£13.6k
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 30990
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. 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 (73/100).

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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (2 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
97 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £13,644

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£14k
Current Assets
£21k
Current Liabilities
—
£0£4k£9k£13k£17k£21kOct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-10-312024-10-31
Total assets£15.0k—
Current assets£21.3k—
Net assets£13.6k—
Average employees—200

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
5
filings
  • • 2 persons-with-significant-control
  • • 1 accounts
  • • 1 confirmation-statement
Last 180 days
6
filings
  • • 2 persons-with-significant-control
  • • 2 officers
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-04-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-03-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-03-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2026-03-20
    ➖
    CORNETT, Brian resigned
    director
  5. 2026-03-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2026-03-19
    ➕
    LAYTON, Lara Dawn appointed
    director
  7. 2026-03-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-05-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2025-05-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2024-04-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-05-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-06-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-06-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-07-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-07-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2011-08-31
    ➕
    LAYTON, Lara appointed
    secretary
  19. 2011-08-31
    ➖
    BUNCE, Adrian Paul resigned
    secretary
  20. 2011-08-31
    ➖
    BUNCE, Adrian Paul resigned
    director
  21. 2011-08-31
    ➕
    CORNETT, Brian appointed
    director
  22. 2011-08-31
    ➖
    GILL, Robin Edward resigned
    director
  23. 2011-08-31
    ➖
    MITCHENER, Nicholas James resigned
    director
  24. 2000-04-07
    ➕
    GILL, Robin Edward appointed
    director
  25. 1990-05-11
    🏢
    Company incorporated
    As BY-PASS FILTRATION LIMITED

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Lara Dawn Layton
Individual · British · DOB 03/1968 · age 58
75–100%
75–100%board control75-100% shares · 75-100% voting · board control20/03/2026
1 historic (ceased) PSC
  • Mr Brian Cornettceased 20/03/2026· 75-100% shares · 75-100% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1990-05-11
Jurisdictionengland-wales
Primary SIC30990 — SIC 30990

Registered office

Unit A The Maltings Fenton Lane
Sherburn In Elmet
Leeds
LS25 6EZ

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2027-04-06
Last: 2026-03-23

Officers (2 active · 5 resigned)

LAYTON, Lara→
secretary · appointed 2011-08-31
View their other companies + combined net worth →
Active
LAYTON, Lara Dawn→
director · ~58y · appointed 2026-03-19
View their other companies + combined net worth →
Active
BUNCE, Adrian Paul→
secretary · resigned 2011-08-31
Resigned
BUNCE, Adrian Paul→
director · ~72y · resigned 2011-08-31
Resigned
CORNETT, Brian→
director · ~85y · appointed 2011-08-31 · resigned 2026-03-20
Resigned
GILL, Robin Edward→
director · ~69y · appointed 2000-04-07 · resigned 2011-08-31
Resigned
MITCHENER, Nicholas James→
director · ~70y · resigned 2011-08-31
Resigned

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

Recent filings (97 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-23
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-23
termination-director-company-with-name-termination-date
officers · TM01
2026-03-20
appoint-person-director-company-with-name-date
officers · AP01
2026-03-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-29