BAE SYSTEMS FUNDS MANAGEMENT

⚰️Wound downdissolved
03598894 · private-unlimited · incorporated 1998-07-10
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
50/100
Worth a look
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 50/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (53/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (60/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
8 officers (3 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
82 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

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 (36 events)Click to expand
  1. 2025-03-09
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2025-03-09
    🏁
    Company dissolved
  3. 2024-12-09
    ⚠️
    liquidation-voluntary-members-return-of-final-meeting
    insolvency · LIQ13
  4. 2024-10-05
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2024-10-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-10-03
    ⚠️
    liquidation-voluntary-declaration-of-solvency
    insolvency · LIQ01
  7. 2024-10-03
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  8. 2024-10-03
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2024-09-30
    📄
    memorandum-articles
    incorporation · MA
  10. 2024-09-30
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2024-06-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2024-06-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2024-06-05
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  14. 2024-06-05
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2024-06-01
    HOLDING, Ann-Louise appointed
    secretary
  16. 2024-06-01
    HOLDING, Ann-Louise appointed
    director
  17. 2024-05-31
    PARKES, David Stanley resigned
    secretary
  18. 2024-05-31
    PARKES, David Stanley resigned
    director
  19. 2023-12-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2023-12-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2023-12-11
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  22. 2023-12-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  23. 2023-08-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  24. 2022-07-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  25. 2021-08-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  26. 2021-06-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  27. 2015-04-01
    PATARA, Rajdeep appointed
    director
  28. 2015-03-31
    BRENT, David Michael resigned
    director
  29. 2004-03-12
    BLACK, Terence Robert William resigned
    director
  30. 2004-03-12
    BRENT, David Michael appointed
    director
  31. 1999-02-26
    BLACK, Terence Robert William appointed
    director
  32. 1999-02-26
    CARROLL, Stuart Paul resigned
    director
  33. 1998-07-10
    🏢
    Company incorporated
    As BAE SYSTEMS FUNDS MANAGEMENT
  34. 1998-07-10
    PARKES, David Stanley appointed
    secretary
  35. 1998-07-10
    CARROLL, Stuart Paul appointed
    director
  36. 1998-07-10
    PARKES, David Stanley appointed
    director

Owner dependency

73/100
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.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

61/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2025-03-09

4 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-03-09: gazette-dissolved-liquidation; 2024-12-09: liquidation-voluntary-members-return-of-final-meeting

Group structure

Bae Systems Plc is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Bae Systems Plc
Corporate parent · holds 75-100% shares · board control
ultimate parent
BAE SYSTEMS FUNDS MANAGEMENT
This company · 03598894

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
Bae Systems Plc
Corporate entity
75100%
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

10 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.

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Company details

Statusdissolved
Typeprivate-unlimited
Incorporated1998-07-10
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

10 Fleet Place
London
EC4M 7RB

Filing status

Accounts
Next due:
Last made up to: 2022-12-31
Confirmation statement
Next due:
Last: 2024-06-05

Officers (0 active · 5 resigned)

HOLDING, Ann-Louise
secretary · appointed 2024-06-01
View their other companies + combined net worth →
Active
HOLDING, Ann-Louise
director · ~65y · appointed 2024-06-01
View their other companies + combined net worth →
Active
PATARA, Rajdeep
director · ~54y · appointed 2015-04-01
View their other companies + combined net worth →
Active
PARKES, David Stanley
secretary · appointed 1998-07-10 · resigned 2024-05-31
Resigned
BLACK, Terence Robert William
director · ~67y · appointed 1999-02-26 · resigned 2004-03-12
Resigned
BRENT, David Michael
director · ~75y · appointed 2004-03-12 · resigned 2015-03-31
Resigned
CARROLL, Stuart Paul
director · ~75y · appointed 1998-07-10 · resigned 1999-02-26
Resigned
PARKES, David Stanley
director · ~63y · appointed 1998-07-10 · resigned 2024-05-31
Resigned

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

Recent filings (82 total)

gazette-dissolved-liquidation
gazette · GAZ2
2025-03-09
liquidation-voluntary-members-return-of-final-meeting
insolvency · LIQ13
2024-12-09
resolution
resolution · RESOLUTIONS
2024-10-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-03
liquidation-voluntary-declaration-of-solvency
insolvency · LIQ01
2024-10-03
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2024-10-03
resolution
resolution · RESOLUTIONS
2024-10-03
memorandum-articles
incorporation · MA
2024-09-30
resolution
resolution · RESOLUTIONS
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-05
appoint-person-director-company-with-name-date
officers · AP01
2024-06-05
termination-director-company-with-name-termination-date
officers · TM01
2024-06-05
appoint-person-secretary-company-with-name-date
officers · AP03
2024-06-05
termination-secretary-company-with-name-termination-date
officers · TM02
2024-06-05
change-person-director-company-with-change-date
officers · CH01
2023-12-13