BINDER FASTENER SYSTEMS (U.K.) LIMITED

💤Zombieactive

02653396 · ltd · incorporated 1991-10-11

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 Dec 2025

Net worth

—

book net assets

Opportunity

74/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Wholesale of textiles

Sector: Wholesale & retail

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (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 (58/100).

Data confidence

Overall: medium (78/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

13 officers (1 active, 13 linked, 7 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

108 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

74/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-12-31	2024-12-31
Average employees	1	100

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (44 events)Click to expand

2026-04-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-16
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-26
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-07-07
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-07-20
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-11-03
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2020-07-22
📄
accounts-with-accounts-type-audited-abridged
accounts · AA
2020-07-16
📄
change-person-director-company-with-change-date
officers · CH01
2020-05-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-04-30
➖
ANTROBUS, David resigned
secretary
2020-04-30
➖
ANTROBUS, David resigned
director
2020-04-28
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-08-05
📄
change-person-director-company-with-change-date
officers · CH01
2019-07-23
📄
change-person-director-company-with-change-date
officers · CH01
2019-07-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-07-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-06-28
➕
RECHLIN, Stefan appointed
director
2019-06-28
➖
HAFNER, Claus-Peter resigned
director
2019-06-18
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-05-21
📄
accounts-with-accounts-type-audited-abridged
accounts · AA
2016-05-01
➕
HAFNER, Claus-Peter appointed
director
2009-10-21
➕
ANTROBUS, David appointed
director
2009-10-21
➖
NILSSON, Gunnar resigned
director
2009-10-21
➖
SCHULTE, Axel, Dr Ing resigned
director
2006-04-11
➕
NILSSON, Gunnar appointed
director
2006-01-16
➕
ANTROBUS, David appointed
secretary
2006-01-16
➖
TUNSTALL, Peter John Grant resigned
secretary
2006-01-16
➖
TUNSTALL, Peter John Grant resigned
director
2004-02-12
➖
SMITH, Janet Camelia resigned
secretary
2004-02-01
➕
TUNSTALL, Peter John Grant appointed
secretary
2003-04-01
➕
TUNSTALL, Peter John Grant appointed
director
2002-10-11
➖
BOND, David Neil resigned
secretary
2002-10-11
➕
SMITH, Janet Camelia appointed
secretary
2002-10-11
➖
BOND, David Neil resigned
director
1991-12-06
➕
BOND, David Neil appointed
secretary
1991-12-06
➖
CCS SECRETARIES LIMITED resigned
corporate-nominee-secretary
1991-12-06
➕
BOND, David Neil appointed
director
1991-12-06
➕
SCHULTE, Axel, Dr Ing appointed
director
1991-12-06
➖
CCS DIRECTORS LIMITED resigned
corporate-nominee-director
1991-10-11
🏢
Company incorporated
As BINDER FASTENER SYSTEMS (U.K.) LIMITED
1991-10-11
➕
CCS SECRETARIES LIMITED appointed
corporate-nominee-secretary
1991-10-11
➕
CCS DIRECTORS LIMITED appointed
corporate-nominee-director

Owner dependency

75/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100

Strong succession signal

Multiple 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.

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%

Name	Shares	Voting rights	Nature of control	Notified
Dr Axel Schulte Individual · German · DOB 11/1982 · age 44	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	14/11/2017

1 historic (ceased) PSC

Dr. Axel Reinhold Schulteceased 10/06/2017· 75-100% shares · board control

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 →

Similar companies

Active · Wholesale & distribution · CW postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ANTHESIS PRODUCT SALES LTD→ 12393668 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
ASIA BUSINESS CONNECTIONS 2 EUROPE LTD→ 10917968 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
ATC SEMITEC LIMITED→ 03369982 · est 1997 · no financials extracted	—	—	—	—	28y	—	—
AURA PRODUCTS LTD→ 10265662 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
BABIESKIN AND KIND LIMITED→ 14932221 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
BATHERTON HEALTHCARE LIMITED→ 10308670 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
BBM POUND LIMITED→ 15054447 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
BELLAGIO FOOTBALL LTD→ 11600838 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
BEST OF BREED LIVESTOCK LIMITED→ 11205881 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
BIG FIVE CRICKET LIMITED→ 11057859 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
BIOENERGY PARTS CO. LIMITED→ 16460542 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BIONIC GLOVES TECHNOLOGY EUROPE LIMITED→ 06494644 · est 2008 · no financials extracted	—	—	—	—	18y	—	—

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

Incorporated1991-10-11

Jurisdictionengland-wales

Primary SIC46410 — Wholesale of textiles

Registered office

Bank House

Market Square

Congleton

Cheshire

CW12 1ET

England

Filing status

Accounts

Next due: 2027-09-30

Last made up to: 2025-12-31

Confirmation statement

Next due: 2026-10-25

Last: 2025-10-11

Officers (1 active · 12 resigned)

RECHLIN, Stefan→

director · ~45y · appointed 2019-06-28

View their other companies + combined net worth →

Active

ANTROBUS, David→

secretary · appointed 2006-01-16 · resigned 2020-04-30

Resigned

BOND, David Neil→

secretary · appointed 1991-12-06 · resigned 2002-10-11

Resigned

SMITH, Janet Camelia→

secretary · appointed 2002-10-11 · resigned 2004-02-12

Resigned

TUNSTALL, Peter John Grant→

secretary · appointed 2004-02-01 · resigned 2006-01-16

Resigned

CCS SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 1991-10-11 · resigned 1991-12-06

Resigned

ANTROBUS, David→

director · ~58y · appointed 2009-10-21 · resigned 2020-04-30

Resigned

BOND, David Neil→

director · ~83y · appointed 1991-12-06 · resigned 2002-10-11

Resigned

HAFNER, Claus-Peter→

director · ~70y · appointed 2016-05-01 · resigned 2019-06-28

Resigned

NILSSON, Gunnar→

director · ~74y · appointed 2006-04-11 · resigned 2009-10-21

Resigned

SCHULTE, Axel, Dr Ing→

director · ~81y · appointed 1991-12-06 · resigned 2009-10-21

Resigned

TUNSTALL, Peter John Grant→

director · ~57y · appointed 2003-04-01 · resigned 2006-01-16

Resigned

CCS DIRECTORS LIMITED→

corporate-nominee-director · appointed 1991-10-11 · resigned 1991-12-06

Resigned

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

Recent filings (108 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-04-17

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-10-23

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-04-16

confirmation-statement-with-updates

confirmation-statement · CS01

2024-10-29

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2024-10-16

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-05-02

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-10-23

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2023-05-26

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-10-24

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2022-07-07

confirmation-statement-with-updates

confirmation-statement · CS01

2021-10-14

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2021-07-20

confirmation-statement-with-updates

confirmation-statement · CS01

2020-11-09

termination-secretary-company-with-name-termination-date

officers · TM02

2020-11-03

accounts-with-accounts-type-audited-abridged

accounts · AA

2020-07-22