BEARGIL LTD

💤Zombieactive
03775898 · ltd · incorporated 1999-05-24
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 Mar 2026
Net worth
£974.7k
book net assets
Opportunity
77/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Operation of sports facilities
Sector: Arts, entertainment & recreation
Investor take
Pursue
Asset-holding vehicle with a 61-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 85/100. Strong seller-intent signal (65/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 25.4y

30/100
under pressure

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

  • · Oldest live charge is 25.4 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
12 officers (2 active, 12 linked, 7 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
108 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £974,737

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£975k
↑ 2.4% YoY
Current Assets
£808k
~ YoY
Current Liabilities
—
£0£195k£390k£585k£780k£975kMar 2025Mar 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2026-03-312025-03-31
Total assets£974.7k£951.8k
Current assets£807.5k£809.4k
Net assets£974.7k£951.8k

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
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
  1. 2026-07-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-09-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-02-18
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  4. 2025-02-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-02-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-09-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2024-09-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2023-12-21
    ➖
    GABRIEL, Richard Gabriel resigned
    director
  9. 2023-06-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2022-11-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2022-02-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2022-02-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2021-05-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2021-05-10
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2020-05-12
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2019-11-12
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  17. 2019-10-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2018-08-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  19. 2018-04-09
    ➕
    GABRIEL, Richard Gabriel appointed
    director
  20. 2015-07-09
    🔓
    Charge satisfied #3
  21. 2015-07-09
    🔓
    Charge satisfied #2
  22. 2014-03-05
    ➕
    GABRIEL, Helen appointed
    secretary
  23. 2014-03-05
    ➕
    GABRIEL, Helen appointed
    director
  24. 2014-03-05
    ➖
    GABRIEL, Richard Gabriel resigned
    director
  25. 2014-02-11
    ➖
    BUGDEN, David Harry resigned
    secretary
  26. 2014-02-11
    ➖
    BUGDEN, David Harry resigned
    director
  27. 2013-11-06
    🔓
    Charge satisfied #1
  28. 2013-09-19
    ➖
    PATEL, Pareshkumar Vinubhai resigned
    director
  29. 2012-01-01
    ➖
    BUGDEN, Ashley David resigned
    director
  30. 2012-01-01
    ➕
    PATEL, Pareshkumar Vinubhai appointed
    director
  31. 2011-08-12
    ➕
    GABRIEL, Richard Gabriel appointed
    director
  32. 2011-03-11
    ➕
    BUGDEN, Ashley David appointed
    director
  33. 2011-02-11
    ➖
    GABRIEL, Richard Gabriel resigned
    director
  34. 2005-12-22
    🔒
    Charge registered #3
    Lender: Hsbc Bank PLC
  35. 2005-11-29
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  36. 2003-08-20
    ➕
    BUGDEN, David Harry appointed
    secretary
  37. 2003-05-20
    ➖
    OVALSEC LIMITED resigned
    corporate-nominee-secretary
  38. 2001-03-14
    🔒
    Charge registered #1
    Lender: Sg Hambros Trust Company (Jersey) Limited
  39. 1999-12-22
    ➕
    BUGDEN, David Harry appointed
    director
  40. 1999-12-22
    ➕
    GABRIEL, Richard Gabriel appointed
    director
  41. 1999-12-22
    ➖
    OVAL NOMINEES LIMITED resigned
    corporate-nominee-director
  42. 1999-12-22
    ➖
    OVALSEC LIMITED resigned
    corporate-nominee-director
  43. 1999-05-24
    🏢
    Company incorporated
    As BEARGIL LTD
  44. 1999-05-24
    ➕
    OVALSEC LIMITED appointed
    corporate-nominee-secretary
  45. 1999-05-24
    ➕
    OVAL NOMINEES LIMITED appointed
    corporate-nominee-director
  46. 1999-05-24
    ➕
    OVALSEC LIMITED appointed
    corporate-nominee-director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

78/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 12 years.
  • secondaryStable-but-static management: Company is 27 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

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.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Helen Gabriel
Individual · British · DOB 09/1965 · age 61
75–100%
75–100%75-100% shares · 75-100% voting26/04/2018
2 historic (ceased) PSCs
  • Mr Richard Gabrielceased 27/01/2022· 50-75% shares · 50-75% voting
  • First Names Groupceased 26/04/2018· 50-75% shares · 50-75% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Leisure & entertainment · HA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ATLAS VOLUNTEERS LTD→
15534425 · est 2024 · no financials extracted
————2y——
AURELIA EVENTS LIMITED→
16699672 · est 2025 · no financials extracted
———————
B3 CREATIVE LIMITED→
05411717 · est 2005 · no financials extracted
————21y——
BAHAR TRAVEL LTD→
09785535 · est 2015 · no financials extracted
————10y——
BARULIS LIMITED→
06449515 · est 2007 · no financials extracted
————18y——
BATS CABS GLOBAL LIMITED→
12178370 · est 2019 · no financials extracted
————6y——
BB FOOTBALL LIMITED→
14568612 · est 2023 · no financials extracted
————3y——
BDR MOTORSPORT LTD→
16132834 · est 2024 · no financials extracted
————1y——
BE FREE LOVE YOGA LIMITED→
10351998 · est 2016 · no financials extracted
————9y——
BE ON POINTE LTD→
08350032 · est 2013 · no financials extracted
————13y——
BEATCYCLE LTD→
13269661 · est 2021 · no financials extracted
————5y——
BEE ACTIVE CLUB LTD→
12135110 · est 2019 · no financials extracted
————6y——
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
Incorporated1999-05-24
Jurisdictionengland-wales
Primary SIC93110 — Operation of sports facilities

Registered office

2 Mountside
Stanmore
Middlesex
HA7 2DT

Filing status

Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2026-08-23
Last: 2025-08-09

Officers (2 active · 10 resigned)

GABRIEL, Helen→
secretary · appointed 2014-03-05
View their other companies + combined net worth →
Active
GABRIEL, Helen→
director · ~61y · appointed 2014-03-05
View their other companies + combined net worth →
Active
BUGDEN, David Harry→
secretary · appointed 2003-08-20 · resigned 2014-02-11
Resigned
OVALSEC LIMITED→
corporate-nominee-secretary · appointed 1999-05-24 · resigned 2003-05-20
Resigned
BUGDEN, Ashley David→
director · ~44y · appointed 2011-03-11 · resigned 2012-01-01
Resigned
BUGDEN, David Harry→
director · ~77y · appointed 1999-12-22 · resigned 2014-02-11
Resigned
GABRIEL, Richard Gabriel→
director · ~72y · appointed 2018-04-09 · resigned 2023-12-21
Resigned
GABRIEL, Richard Gabriel→
director · ~72y · appointed 2011-08-12 · resigned 2014-03-05
Resigned
GABRIEL, Richard Gabriel→
director · ~72y · appointed 1999-12-22 · resigned 2011-02-11
Resigned
PATEL, Pareshkumar Vinubhai→
director · ~58y · appointed 2012-01-01 · resigned 2013-09-19
Resigned
OVAL NOMINEES LIMITED→
corporate-nominee-director · appointed 1999-05-24 · resigned 1999-12-22
Resigned
OVALSEC LIMITED→
corporate-nominee-director · appointed 1999-05-24 · resigned 1999-12-22
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
HSBC
Hsbc Bank PLC
Legal mortgage1 property22/12/200509/07/2015
satisfied
HSBC
Hsbc Bank PLC
Debenture1 property29/11/200509/07/2015
satisfied
Sg Hambros Trust Company (Jersey)
Sg Hambros Trust Company (Jersey) Limited
Legal charge1 property14/03/200106/11/2013

Recent filings (108 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-07-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-12
change-person-secretary-company-with-change-date
officers · CH03
2025-02-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-18
change-person-director-company-with-change-date
officers · CH01
2025-02-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-23
termination-director-company-with-name-termination-date
officers · TM01
2024-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-06-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-11-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-02-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-02-02