BAPP INDUSTRIAL SUPPLIES (PRESTON) LIMITED
Opportunity 78/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
6 live charges · 5 lenders · oldest 26.4y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 26.4 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Average employees | 1000 | 1000 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 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
- • 2 officers
- • 1 accounts
- • 3 officers
- • 2 persons-with-significant-control
- • 1 accounts
Corporate timeline (46 events)Click to expand
- 2026-06-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-05-21➖KNIGHT, Richard Alan resignedsecretary
- 2026-05-21➖KNIGHT, Richard Alan resigneddirector
- 2026-05-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-05-21📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2026-04-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2026-04-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-03-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-24🔓Charge satisfied #4
- 2026-01-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-01-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-05➕CONWAY, Brian George appointeddirector
- 2026-01-05➕PLATTS, Ben Adam appointeddirector
- 2025-12-02📄resolutionresolution · RESOLUTIONS
- 2025-12-02📄memorandum-articlesincorporation · MA
- 2025-09-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-14🔒Charge registered #6Lender: Hsbc UK Bank PLC
- 2023-05-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-07-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-07-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-07-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-07-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2014-12-18➖MCNEIL, Christopher Joseph resigneddirector
- 2014-01-20🔒Charge registered #5Lender: Hsbc Invoice Finance (UK) LTD
- 2011-03-17🔒Charge registered #4Lender: Hsbc Bank PLC
- 2007-12-31➖HYDE, Phillip Graham resigneddirector
- 2006-06-27🔒Charge registered #3Lender: Hsbc Invoice Finance (UK) LTD ("the Security Holder")
- 2006-05-23🔓Charge satisfied #1
- 2002-06-06🔒Charge registered #2Lender: Hsbc Bank PLC
- 2000-09-25➖MCGRAYNOR, Peter resigneddirector
- 2000-03-20🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 1999-07-29➕COOK, Dean Garth appointeddirector
- 1999-07-29➕KNIGHT, Richard Alan appointedsecretary
- 1999-07-29➖WATERLOW SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1999-07-29➕HYDE, Phillip Graham appointeddirector
- 1999-07-29➕KNIGHT, Richard Alan appointeddirector
- 1999-07-29➕MCGRAYNOR, Peter appointeddirector
- 1999-07-29➕MCNEIL, Christopher Joseph appointeddirector
- 1999-07-29➖WATERLOW NOMINEES LIMITED resignedcorporate-nominee-director
- 1999-04-08🏢Company incorporatedAs BAPP INDUSTRIAL SUPPLIES (PRESTON) LIMITED
- 1999-04-08➕WATERLOW SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1999-04-08➕WATERLOW NOMINEES LIMITED appointedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: KNIGHT, Richard Alan resigned 2026-05-21; KNIGHT, Richard Alan resigned 2026-05-21
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Blaeb Holdings Limited holds 25-50% — a significant corporate investor but not a controlling parent.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Dean Garth Cook Individual · English · DOB 01/1963 · age 63 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Blaeb Holdings Limited Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/11/2025 |
1 historic (ceased) PSC
- Mr Richard Alan Knightceased 20/11/2025· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| AL-REHMAN FABRICS UK LTD→ 15457951 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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| BIRKACRE LOGISTICS LIMITED→ 16671423 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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| BOBS WHOLESALE LTD→ 12002451 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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 →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
Registered office
Filing status
Officers (3 active · 7 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 14/02/2024 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) LTD | A registered charge | 1 property | 20/01/2014 | — | |
| satisfied | HSBC Hsbc Bank PLC | Legal assignment | 1 property | 17/03/2011 | 24/02/2026 | |
| outstanding | HSBC Hsbc Invoice Finance (UK) LTD ("the Security Holder") | Fixed charge on purchased debts which fail to vest | 1 property | 27/06/2006 | — | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 06/06/2002 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture deed | 1 property | 20/03/2000 | 23/05/2006 |