BRITISH FILTERS LIMITED
💤Zombieactive
03839960 · ltd · incorporated 1999-09-13
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 Feb 2025
Net worth
£611.6k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
PursueAsset-holding vehicle with a 68-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (93/100, director aged 68). 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
2 live charges · 2 lenders · oldest 26.6y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 26.6 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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
76 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 102Positive net assets
Net assets £611,585
Key financials
2 years extracted from filed iXBRL accountsCash
£281k
Net Worth
£612k
Current Assets
£645k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £612.0k | — |
| Current assets | £644.6k | — |
| Cash | £280.6k | — |
| Debtors | £159.0k | — |
| Net assets | £611.6k | — |
| Average employees | — | 700 |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2025-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-07-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-06-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-09-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-09-15📄change-person-secretary-company-with-change-dateofficers · CH03
- 2015-09-15📄change-person-director-company-with-change-dateofficers · CH01
- 2015-05-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-09-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-02-14🔓Charge satisfied #2
- 2013-02-14🔓Charge satisfied #1
- 2000-01-27🔒Charge registered #2Lender: Hsbc Invoice Finance (UK) Limited
- 1999-12-22🔒Charge registered #1Lender: Hsbc Bank PLC
- 1999-12-17➕DENYER, Paul John appointedsecretary
- 1999-12-17➕DENYER, Peter Lyndon appointeddirector
- 1999-12-17➖LONEY, Jonathan Mark resignednominee-secretary
- 1999-12-17➖HORWOOD, Michael Stanley resignednominee-director
- 1999-12-17➖LONEY, Jonathan Mark resignednominee-director
- 1999-09-13🏢Company incorporatedAs BRITISH FILTERS LIMITED
- 1999-09-13➕LONEY, Jonathan Mark appointednominee-secretary
- 1999-09-13➕HORWOOD, Michael Stanley appointednominee-director
- 1999-09-13➕LONEY, Jonathan Mark appointednominee-director
Owner dependency
100/100
Critical — business is the founderThe 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.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
95/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Peter Lyndon Denyer Individual · British · DOB 11/1958 · age 68 | 25–50% | 25–50% | sig. influence25-50% shares · 25-50% voting · significant influence | 13/09/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| BLACKER SHEEP LIMITED→ 05426960 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| CCS RENEWABLE ENERGIES LTD→ 12052757 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CE METAL FABRICATIONS LIMITED→ 11589351 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CHARLESTOWN JOINERY LTD→ 08682766 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| CHARLIE FOSTER CARPENTRY & ROOFING LTD→ 13157813 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CHELSEY ROSE KITCHENS & BEDROOMS LIMITED→ 14827842 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CHROMACON HOLDINGS LIMITED→ 11815462 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| CIGAIRETTE LTD.→ 13455144 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CLIEVE HOLDINGS LIMITED→ 10118600 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| CNC MACHINERY LIMITED→ 04274703 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| CNC SYSTEMS LIMITED→ 04092701 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| CNVR LIMITED→ 04526594 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
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
Incorporated1999-09-13
Jurisdictionengland-wales
Primary SIC32990 — Other manufacturing n.e.c.
Registered office
11/12 Porsham Close
Belliver Industrial Estate
Plymouth
Devon
PL6 7DB
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-09-27
Last: 2025-09-13
Officers (2 active · 3 resigned)
Active
DENYER, Peter Lyndon→
Activedirector · ~68y · appointed 1999-12-17
View their other companies + combined net worth →
LONEY, Jonathan Mark→
Resignednominee-secretary · appointed 1999-09-13 · resigned 1999-12-17
HORWOOD, Michael Stanley→
Resignednominee-director · ~83y · appointed 1999-09-13 · resigned 1999-12-17
LONEY, Jonathan Mark→
Resignednominee-director · ~67y · appointed 1999-09-13 · resigned 1999-12-17
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Invoice Finance (UK) Limited | Fixed charge on purchased debts which fail to vest created by the company (formerly known as footlaw 125 limited) | 1 property | 27/01/2000 | 14/02/2013 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 22/12/1999 | 14/02/2013 |
Recent filings (76 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-09-13