BASICFARE LIMITED

🌳Matureactive
02940672 · ltd · incorporated 1994-06-20
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 31.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 59). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 31.3y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 31.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
87 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

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

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 · accounting standard unknown
Metric2024-12-312023-12-31
Average employees12001300

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

🔒Filing-note intelligence

4 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 (27 events)Click to expand
  1. 2025-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-09-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  5. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-12-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2020-09-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2020-08-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2020-08-24
    🔓
    Charge satisfied #2
  10. 2019-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-10-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2016-09-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-05-31
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-09-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-05-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2014-07-30
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  18. 2009-06-20
    🔓
    Charge satisfied #1
  19. 2000-07-17
    ➕
    CROSS, Amanda Jeanne appointed
    director
  20. 1995-04-18
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  21. 1994-07-14
    ➕
    CROSS, Amanda Jeanne appointed
    secretary
  22. 1994-07-14
    ➕
    COOPER, Simon John appointed
    director
  23. 1994-07-14
    ➖
    RWL REGISTRARS LIMITED resigned
    corporate-nominee-secretary
  24. 1994-07-14
    ➖
    BONUSWORTH LIMITED resigned
    corporate-nominee-director
  25. 1994-06-20
    🏢
    Company incorporated
    As BASICFARE LIMITED
  26. 1994-06-20
    ➕
    RWL REGISTRARS LIMITED appointed
    corporate-nominee-secretary
  27. 1994-06-20
    ➕
    BONUSWORTH LIMITED appointed
    corporate-nominee-director

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 32 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Simon John Cooper
Individual · British · DOB 10/1968 · age 58
25–50%
—25-50% shares26/05/2017
Mrs Amanda Jeanne Cross
Individual · British · DOB 05/1971 · age 55
25–50%
—25-50% shares26/05/2017

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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15669547 · est 2024 · no financials extracted
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12822014 · est 2020 · no financials extracted
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04227435 · est 2001 · no financials extracted
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11074417 · est 2017 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated1994-06-20
Jurisdictionengland-wales
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

Hammond House
Heapy Street
Macclesfield
Cheshire
SK11 7JB

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-06-09
Last: 2026-05-26

Officers (3 active · 2 resigned)

CROSS, Amanda Jeanne→
secretary · appointed 1994-07-14
View their other companies + combined net worth →
Active
COOPER, Simon John→
director · ~59y · appointed 1994-07-14
View their other companies + combined net worth →
Active
CROSS, Amanda Jeanne→
director · ~55y · appointed 2000-07-17
View their other companies + combined net worth →
Active
RWL REGISTRARS LIMITED→
corporate-nominee-secretary · appointed 1994-06-20 · resigned 1994-07-14
Resigned
BONUSWORTH LIMITED→
corporate-nominee-director · appointed 1994-06-20 · resigned 1994-07-14
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
A registered charge—30/07/201424/08/2020
satisfied
Barclays
Barclays Bank PLC
Debenture1 property18/04/199520/06/2009

Recent filings (87 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-09-30
mortgage-satisfy-charge-full
mortgage · MR04
2020-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-06