BRIDGWATER METALCRAFT LIMITED
💤Zombieactive
02625220 · ltd · incorporated 1991-06-28
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 Nov 2025
Net worth
£67.1k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -63% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 32.5y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 32.5 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 3 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
95 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £67,097
Net assets shrinking
Down £14,404 YoY
Cash draining
Cash down 63% YoY
Cash YoY
-63%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£22k
↓ 63% YoY
Net Worth
£67k
↓ 18% YoY
Current Assets
£67k
↓ 28% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-11-30 | 2024-11-30 |
|---|---|---|
| Total assets | £73.6k | £89.6k |
| Current assets | £67.3k | £93.7k |
| Cash | £21.8k | £59.1k |
| Debtors | £42.2k | £30.1k |
| Net assets | £67.1k | £81.5k |
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
4
filings
- • 1 accounts
- • 1 officers
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2026-03-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-03-02📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-10📄capital-allotment-sharescapital · SH01
- 2022-08-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-06-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-12-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-12-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-12-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-12-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-12-16📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-11-13➖RODD, Richard Keith resignedsecretary
- 2019-11-13➖PALMER, Lindsay George resigneddirector
- 2019-11-13➖RODD, Richard Keith resigneddirector
- 2015-12-01➕NEWTON, David appointeddirector
- 2003-04-01➕RODD, Richard Keith appointeddirector
- 1993-12-22🔒Charge registered #1Lender: National Westminster Bank PLC
- 1991-06-28🏢Company incorporatedAs BRIDGWATER METALCRAFT LIMITED
- 1991-06-28➕RODD, Richard Keith appointedsecretary
- 1991-06-28➕BRISTOL LEGAL SERVICES LIMITED appointedcorporate-nominee-secretary
- 1991-06-28➖BRISTOL LEGAL SERVICES LIMITED resignedcorporate-nominee-secretary
- 1991-06-28➕PALMER, Lindsay George appointeddirector
- 1991-06-28➕BOURSE SECURITIES LIMITED appointedcorporate-nominee-director
- 1991-06-28➖BOURSE SECURITIES LIMITED resignedcorporate-nominee-director
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
60/100
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 35 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
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
David Newton Individual · British · DOB 09/1969 · age 57 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 13/11/2019 |
2 historic (ceased) PSCs
- Mr Richard Keith Roddceased 13/11/2019· 25-50% shares · 25-50% voting
- Lindsey George Palmerceased 13/11/2019· 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 · Manufacturing · TA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BEADMASTER LIMITED→ 02961303 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| BK DORSET LIMITED→ 11703181 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BLOSSOM EMBROIDERY LIMITED→ 05794954 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| BONSOIR OF LONDON LIMITED→ 02958778 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| BOUGH HOUSE LIMITED→ 10286021 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BRADLEY THE BLACKSMITH LIMITED→ 14371140 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BRAMBLE & CO. (SW) LIMITED→ 04658548 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| BRENT ENGINEERING COMPANY LIMITED→ 06409913 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| BRICK LIVING AND DINING LIMITED→ 12360039 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BRIDGWATER CARPENTRY & JOINERY LIMITED→ 05742998 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| BRIDGWATER TRAILERS LIMITED→ 12068293 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BRITON AIR LIMITED→ 12107195 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated1991-06-28
Jurisdictionengland-wales
Primary SIC25990 — SIC 25990
Registered office
8 Wills Business Park
Salmon Parade
Bridgwater
TA6 5JT
England
Filing status
Accounts
Next due: 2027-08-31
Last made up to: 2025-11-30
Confirmation statement
Next due: 2027-01-30
Last: 2026-01-16
Officers (1 active · 5 resigned)
NEWTON, David→
Activedirector · ~57y · appointed 2015-12-01
View their other companies + combined net worth →
RODD, Richard Keith→
Resignedsecretary · appointed 1991-06-28 · resigned 2019-11-13
BRISTOL LEGAL SERVICES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1991-06-28 · resigned 1991-06-28
PALMER, Lindsay George→
Resigneddirector · ~76y · appointed 1991-06-28 · resigned 2019-11-13
RODD, Richard Keith→
Resigneddirector · ~75y · appointed 2003-04-01 · resigned 2019-11-13
BOURSE SECURITIES LIMITED→
Resignedcorporate-nominee-director · appointed 1991-06-28 · resigned 1991-06-28
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 22/12/1993 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (95 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-09
change-person-director-company-with-change-date
officers · CH01
2026-03-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-21
capital-allotment-shares
capital · SH01
2023-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-02-02