BATH SOFT CHEESE LIMITED

🌳Matureactive

03557622 · ltd · incorporated 1998-05-05

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 22.9y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2025

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 46330

Sector: Wholesale & retail

ALSO REGISTERED FOR

47290Other retail sale of food in specialised stores
56101Licenced restaurants

Investor take

Pursue

Active trading company with a 79-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 22.9y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 22.9 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

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

Company profile

address, 3 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

5 officers (3 active, 5 linked, 2 with DOB)

Ownership & PSC

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

Director network

3 connected companies via shared directors

Filing history

76 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-09-30	2024-09-30
Total assets	—	£1.54M
Current assets	—	£791.9k
Cash	—	£441.0k
Debtors	—	£125.8k
Net assets	—	£353.0k
Average employees	65	—

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

filings

• 1 confirmation-statement
• 1 accounts

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2026-04-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-04-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-06-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-04-21
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-04-21
📄
change-person-director-company-with-change-date
officers · CH01
2017-04-21
📄
change-person-secretary-company-with-change-date
officers · CH03
2017-04-21
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-04-11
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-05-23
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-04-12
🔓
Charge satisfied #1
2012-04-07
➕
PADFIELD, Hugh Edward appointed
director
2004-09-08
🔒
Charge registered #2
Lender: Hsbc Bank PLC
2003-07-29
🔒
Charge registered #1
Lender: National Westminster Bank PLC
1998-06-10
➕
PADFIELD, Gabrielle Philippa appointed
secretary
1998-06-10
➕
PADFIELD, Graham appointed
director
1998-06-10
➖
CREDITREFORM SECRETARIES LIMITED resigned
corporate-nominee-secretary
1998-06-10
➖
CREDITREFORM LIMITED resigned
corporate-nominee-director
1998-05-05
🏢
Company incorporated
As BATH SOFT CHEESE LIMITED
1998-05-05
➕
CREDITREFORM SECRETARIES LIMITED appointed
corporate-nominee-secretary
1998-05-05
➕
CREDITREFORM LIMITED appointed
corporate-nominee-director

Owner dependency

91/100

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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 79 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 28 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.)

Group structure

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

🏛️

Padfield Holdings Ltd

Corporate parent · holds 75-100% shares

ultimate parent

⬇

BATH SOFT CHEESE LIMITED

This company · 03557622

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%

Name	Shares	Voting rights	Nature of control	Notified
Padfield Holdings Ltd Corporate entity	75–100%	—	75-100% shares	06/04/2016

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

Incorporated1998-05-05

Jurisdictionengland-wales

Primary SIC46330 — SIC 46330

Registered office

Park Farm

Kelston

Bath

BA1 9AQ

England

Filing status

Accounts

Next due: 2027-06-30

Last made up to: 2025-09-30

Confirmation statement

Next due: 2027-05-04

Last: 2026-04-20

Officers (3 active · 2 resigned)

PADFIELD, Gabrielle Philippa→

secretary · appointed 1998-06-10

View their other companies + combined net worth →

Active

PADFIELD, Graham→

director · ~79y · appointed 1998-06-10

View their other companies + combined net worth →

Active

PADFIELD, Hugh Edward→

director · ~50y · appointed 2012-04-07

View their other companies + combined net worth →

Active

CREDITREFORM SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 1998-05-05 · resigned 1998-06-10

Resigned

CREDITREFORM LIMITED→

corporate-nominee-director · appointed 1998-05-05 · resigned 1998-06-10

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	HSBC Hsbc Bank PLC	Debenture	1 property	08/09/2004	—
	satisfied	National Westminster Bank National Westminster Bank PLC	Debenture	1 property	29/07/2003	12/04/2013

Click column headers to sort. Use filters above to narrow by status and lender.