BASSETTS (WALES) LTD

🌳Matureactive
03012938 · ltd · incorporated 1995-01-23
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Sale of new cars and light motor vehicles
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 45112SIC 45112
Investor take
Pursue
Active trading company with a 63-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (60/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

9 live charges · 3 lenders · oldest 30.9y

25/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 30.9 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.
  • · Not currently profitable — coverage conversation is a harder sell.

Data confidence

Overall: medium (72/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
11 officers (4 active, 11 linked, 8 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
106 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Loss-making
Loss before tax £714,540

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-31
Profit before tax£-714.5k
Average employees4300

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
0
filings
Counts from Companies House filing history.
Corporate timeline (52 events)Click to expand
  1. 2025-11-17
    📄
    accounts-amended-with-accounts-type-full
    accounts · AAMD
  2. 2025-09-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2025-07-11
    ➖
    FRANCIS, Edward Huw resigned
    director
  4. 2025-07-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-11-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-11-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2024-11-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2024-11-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2024-11-12
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  10. 2024-11-11
    ➕
    HARRIES, Ioan appointed
    director
  11. 2024-11-11
    ➕
    PARRY, Kevin appointed
    director
  12. 2024-09-12
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2023-09-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2022-09-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2021-09-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2020-09-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2019-09-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2018-08-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2017-09-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2009-12-30
    🔓
    Charge satisfied #9
  21. 2009-12-30
    🔓
    Charge satisfied #7
  22. 2009-12-30
    🔓
    Charge satisfied #6
  23. 2009-12-30
    🔓
    Charge satisfied #5
  24. 2009-12-30
    🔓
    Charge satisfied #4
  25. 2009-12-30
    🔓
    Charge satisfied #3
  26. 2009-12-30
    🔓
    Charge satisfied #2
  27. 2009-12-30
    🔓
    Charge satisfied #1
  28. 2008-03-01
    ➕
    FRY, Deborah appointed
    director
  29. 2007-07-31
    ➖
    EVANS, David James resigned
    director
  30. 2006-01-31
    ➕
    EVANS, David James appointed
    director
  31. 2006-01-31
    ➖
    PRICE, Edward Timothy resigned
    director
  32. 2001-06-13
    🔒
    Charge registered #9
    Lender: Bank of Wales
  33. 2001-05-23
    🔒
    Charge registered #8
    Lender: The Governor and Company of the Bank of Scotland
  34. 2001-05-23
    🔒
    Charge registered #7
    Lender: The Governor and Company of the Bank of Scotland
  35. 2001-05-23
    🔒
    Charge registered #6
    Lender: The Governor and Company of the Bank of Scotland
  36. 2001-05-23
    🔒
    Charge registered #5
    Lender: The Governor and Company of the Bank of Scotland
  37. 1999-11-16
    ➖
    FRANCIS, Sheelah Ann resigned
    director
  38. 1998-03-13
    ➕
    PRICE, Edward Timothy appointed
    director
  39. 1996-12-16
    🔒
    Charge registered #4
    Lender: Bank of Wales PLC
  40. 1995-12-13
    🔒
    Charge registered #3
    Lender: Bank of Wales PLC
  41. 1995-08-23
    ➖
    JONES, Robert Michael resigned
    director
  42. 1995-07-14
    🔒
    Charge registered #2
    Lender: Bank of Wales PLC
  43. 1995-07-14
    🔒
    Charge registered #1
    Lender: Bank of Wales PLC
  44. 1995-02-22
    ➕
    FRANCIS, Edward Huw appointed
    secretary
  45. 1995-02-22
    ➖
    WATERLOW SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  46. 1995-02-22
    ➕
    FRANCIS, Edward Huw appointed
    director
  47. 1995-02-22
    ➕
    FRANCIS, Sheelah Ann appointed
    director
  48. 1995-02-22
    ➕
    JONES, Robert Michael appointed
    director
  49. 1995-02-22
    ➖
    WATERLOW NOMINEES LIMITED resigned
    corporate-nominee-director
  50. 1995-01-23
    🏢
    Company incorporated
    As BASSETTS (WALES) LTD
Showing most recent 50 of 52 events

Owner dependency

68/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

63/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 18 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Bassett Property Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Bassett Property Holdings Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
BASSETTS (WALES) LTD
This company · 03012938

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%
NameSharesVoting rightsNature of controlNotified
Bassett Property Holdings Ltd
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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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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
Incorporated1995-01-23
Jurisdictionengland-wales
Primary SIC45111 — Sale of new cars and light motor vehicles

Registered office

Valley Way
The Enterprise Park
Swansea
West Glamorgan
SA6 8QX

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-14
Last: 2025-08-31

Officers (4 active · 7 resigned)

FRANCIS, Edward Huw→
secretary · appointed 1995-02-22
View their other companies + combined net worth →
Active
FRY, Deborah→
director · ~61y · appointed 2008-03-01
View their other companies + combined net worth →
Active
HARRIES, Ioan→
director · ~49y · appointed 2024-11-11
View their other companies + combined net worth →
Active
PARRY, Kevin→
director · ~63y · appointed 2024-11-11
View their other companies + combined net worth →
Active
WATERLOW SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 1995-01-23 · resigned 1995-02-22
Resigned
EVANS, David James→
director · ~52y · appointed 2006-01-31 · resigned 2007-07-31
Resigned
FRANCIS, Edward Huw→
director · ~80y · appointed 1995-02-22 · resigned 2025-07-11
Resigned
FRANCIS, Sheelah Ann→
director · ~80y · appointed 1995-02-22 · resigned 1999-11-16
Resigned
JONES, Robert Michael→
director · ~69y · appointed 1995-02-22 · resigned 1995-08-23
Resigned
PRICE, Edward Timothy→
director · ~74y · appointed 1998-03-13 · resigned 2006-01-31
Resigned
WATERLOW NOMINEES LIMITED→
corporate-nominee-director · appointed 1995-01-23 · resigned 1995-02-22
Resigned

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

Mortgages & charges

9
Total charges
1
Outstanding
1
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
satisfied
Bank of Wales
Legal mortgage2 properties13/06/200130/12/2009
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Debenture1 property23/05/2001—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property23/05/200130/12/2009
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property23/05/200130/12/2009
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property23/05/200130/12/2009
satisfied
Bank of Wales
Bank of Wales PLC
Legal charge1 property16/12/199630/12/2009
satisfied
Bank of Wales
Bank of Wales PLC
Mortgage debenture1 property13/12/199530/12/2009
satisfied
Bank of Wales
Bank of Wales PLC
Legal mortgage1 property14/07/199530/12/2009
satisfied
Bank of Wales
Bank of Wales PLC
Legal mortgage1 property14/07/199530/12/2009
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (106 total)

accounts-amended-with-accounts-type-full
accounts · AAMD
2025-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-01
accounts-with-accounts-type-full
accounts · AA
2025-09-01
termination-director-company-with-name-termination-date
officers · TM01
2025-07-11
appoint-person-director-company-with-name-date
officers · AP01
2024-11-13
appoint-person-director-company-with-name-date
officers · AP01
2024-11-12
change-person-director-company-with-change-date
officers · CH01
2024-11-12
change-person-director-company-with-change-date
officers · CH01
2024-11-12
change-person-secretary-company-with-change-date
officers · CH03
2024-11-12
accounts-with-accounts-type-full
accounts · AA
2024-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-02
accounts-with-accounts-type-full
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-31
accounts-with-accounts-type-full
accounts · AA
2022-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-02