B R G DIRECT LIMITED

💤Zombieactive
03063404 · ltd · incorporated 1995-06-01
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 May 2025
Net worth
£-6.3k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Data processing, hosting and related activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 25.1y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 25.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
11 officers (1 active, 11 linked, 8 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
96 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £6,328

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£6k
↓ 26% YoY
Current Assets
£7k
↓ 12% YoY
Current Liabilities
—
-£6k-£3k-£531£2k£5k£8kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-312024-05-31
Total assets£-5.3k£-785
Current assets£7.2k£8.2k
Net assets£-6.3k£-5.0k

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
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
  1. 2026-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-01-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-01-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-12-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-08-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2020-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-06-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2019-06-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2019-06-03
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  12. 2019-05-31
    ➖
    MURPHY, John Joseph resigned
    secretary
  13. 2019-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-09-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-08-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2017-07-31
    ➖
    GARDNER, David Thomas resigned
    director
  17. 2017-06-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2017-04-03
    ➕
    CLARKE, Karen Shirley appointed
    director
  19. 2006-12-22
    ➖
    CLARKE, Karen Shirley resigned
    director
  20. 2006-10-19
    ➖
    WICKS, Sharon Elizabeth resigned
    director
  21. 2006-07-21
    ➖
    COX, John Reginald resigned
    director
  22. 2006-03-07
    🔓
    Charge satisfied #1
  23. 2005-11-28
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  24. 2005-10-03
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  25. 2004-06-09
    ➕
    WICKS, Sharon Elizabeth appointed
    director
  26. 2002-04-05
    ➖
    TAYLOR, Stuart James resigned
    director
  27. 2001-06-06
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  28. 2000-04-17
    ➖
    MATTHEWS, Andrew David resigned
    director
  29. 1999-06-01
    ➕
    MATTHEWS, Andrew David appointed
    director
  30. 1998-03-01
    ➕
    CLARKE, Karen Shirley appointed
    director
  31. 1998-03-01
    ➕
    COX, John Reginald appointed
    director
  32. 1997-11-10
    ➕
    TAYLOR, Stuart James appointed
    director
  33. 1996-05-10
    ➖
    GARDNER, David Thomas resigned
    secretary
  34. 1996-05-10
    ➕
    MURPHY, John Joseph appointed
    secretary
  35. 1996-05-10
    ➖
    READHEAD, Nigel John resigned
    director
  36. 1995-06-01
    🏢
    Company incorporated
    As B R G DIRECT LIMITED
  37. 1995-06-01
    ➕
    GARDNER, David Thomas appointed
    secretary
  38. 1995-06-01
    ➕
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  39. 1995-06-01
    ➖
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  40. 1995-06-01
    ➕
    GARDNER, David Thomas appointed
    director
  41. 1995-06-01
    ➕
    READHEAD, Nigel John appointed
    director

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 31 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%
NameSharesVoting rightsNature of controlNotified
Mrs Karen Shirley Clarke
Individual · British · DOB 11/1957 · age 69
75–100%
—75-100% shares31/05/2019
1 historic (ceased) PSC
  • Mr David Thomas Gardnerceased 31/05/2019· 75-100% shares

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

8 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
Incorporated1995-06-01
Jurisdictionengland-wales
Primary SIC63110 — Data processing, hosting and related activities

Registered office

Choone House Choone Farm
St Buryan
Penzance
Cornwall
TR19 6ER
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-06-15
Last: 2026-06-01

Officers (1 active · 10 resigned)

CLARKE, Karen Shirley→
director · ~69y · appointed 2017-04-03
View their other companies + combined net worth →
Active
GARDNER, David Thomas→
secretary · appointed 1995-06-01 · resigned 1996-05-10
Resigned
MURPHY, John Joseph→
secretary · appointed 1996-05-10 · resigned 2019-05-31
Resigned
SWIFT INCORPORATIONS LIMITED→
corporate-nominee-secretary · appointed 1995-06-01 · resigned 1995-06-01
Resigned
CLARKE, Karen Shirley→
director · ~69y · appointed 1998-03-01 · resigned 2006-12-22
Resigned
COX, John Reginald→
director · ~80y · appointed 1998-03-01 · resigned 2006-07-21
Resigned
GARDNER, David Thomas→
director · ~73y · appointed 1995-06-01 · resigned 2017-07-31
Resigned
MATTHEWS, Andrew David→
director · ~69y · appointed 1999-06-01 · resigned 2000-04-17
Resigned
READHEAD, Nigel John→
director · ~70y · appointed 1995-06-01 · resigned 1996-05-10
Resigned
TAYLOR, Stuart James→
director · ~58y · appointed 1997-11-10 · resigned 2002-04-05
Resigned
WICKS, Sharon Elizabeth→
director · ~59y · appointed 2004-06-09 · resigned 2006-10-19
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property28/11/2005—
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property03/10/2005—
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property06/06/200107/03/2006
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (96 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-03
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-05
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-08
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-25