BASP LTD.

🌳Matureactive

04225994 · private-limited-guarant-nsc · incorporated 2001-05-31

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£17.8k

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Activities of business and employers membership organisations

Sector: Other service activities

Investor take

Pursue

Asset-holding vehicle with a 67-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -39% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (72/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

33 officers (5 active, 33 linked, 31 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

3 connected companies via shared directors

Filing history

117 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £17,806

Cash YoY

-39%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£14k

↓ 39% YoY

Net Worth

£18k

↑ 13% YoY

Current Assets

£19k

↓ 19% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Total assets	£17.8k	£15.7k
Current assets	£19.0k	£23.5k
Cash	£13.9k	£22.8k
Debtors	£5.1k	£715
Net assets	£17.8k	£15.7k

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

• 10 officers

Last 90 days

filings

• 10 officers

Last 180 days

filings

• 10 officers

Counts from Companies House filing history.

Corporate timeline (82 events)Click to expand

2026-05-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-05-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-05-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-05-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-05-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-05-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-05-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-05-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-05-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-05-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-04-29
➖
DENNE, Frederick resigned
director
2026-04-29
➖
FAIREY, John Nigel resigned
director
2026-04-29
➖
GORRINGE, Philip William resigned
director
2026-04-29
➖
HALL, Richard Anthony resigned
director
2026-04-29
➖
LEIGHTON, Sally Ann resigned
director
2026-04-29
➖
SALMON, Robert John resigned
director
2026-04-29
➖
STOVIN, David Thomas resigned
director
2026-04-29
➖
TURNER, Richard resigned
director
2026-04-29
➖
WELLS, Mark John resigned
director
2026-04-29
➖
WILLIAMS, Angus John resigned
director
2025-08-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-04-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-04-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-04-23
➕
GILDER, Ruth Elizabeth Sara appointed
director
2024-04-23
➕
DENNE, Frederick appointed
director
2024-04-23
➖
SCANTLEBURY, Richard resigned
director
2024-03-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-03-11
➖
OSMOND, Andrew William resigned
director
2024-02-06
➖
GREEN, Nick John resigned
director
2024-02-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-05-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-28
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-02-25
➕
FRIEND, Nigel appointed
director
2021-02-25
➖
SWINNERTON, Martin David Raymond resigned
director
2020-02-13
➕
GREEN, Nick John appointed
director
2020-02-13
➕
TURNER, Richard appointed
director
2019-07-03
➕
SALMON, Robert John appointed
director
2018-01-31
➖
LOCK, Brian Norman resigned
director
2018-01-31
➖
SADLER, Andrew St John resigned
director
2017-02-16
➕
LEIGHTON, Sally Ann appointed
director
2017-02-16
➖
TAYLOR, Paul Edwin resigned
director
2017-02-16
➕
WILLIAMS, Angus John appointed
director
2016-02-23
➖
KINDRED, Peter William resigned
director
2015-02-26
➖
HOWARD, Robert Edward resigned
director
2015-02-26
➕
OSMOND, Andrew William appointed
director
2014-03-12
➕
BROWN, Michael William appointed
director
2012-03-01
➕
SADLER, Andrew St John appointed
director

Showing most recent 50 of 82 events

Owner dependency

65/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

70/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 25 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

1 med ·

10 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: DENNE, Frederick resigned 2026-04-29; FAIREY, John Nigel resigned 2026-04-29; GORRINGE, Philip William resigned 2026-04-29

🔒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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ALLIUM & BRASSICA AGRONOMY LIMITED→ 05493278 · est 2005 · no financials extracted	—	—	—	—	20y	—	—
AMY MORWENNA GROVE LIMITED→ 15908569 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
APT GLOBAL FITNESS LIMITED→ 14703165 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
ASSOC. OF CONSULTATION AND ENGAGEMENT PROFESSIONALS LTD→ 14662562 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
ASSOCIATION OF ELECTRICITY SUPPLY PENSIONERS LIMITED→ 03148917 · est 1996 · no financials extracted	—	—	—	—	30y	—	—
B W BALL AND SONS LLP→ OC393049 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
BARN HOLT LIMITED→ 06776060 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
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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

Typeprivate-limited-guarant-nsc

Incorporated2001-05-31

Jurisdictionengland-wales

Primary SIC94110 — Activities of business and employers membership organisations

Registered office

16 Brookside

Scopwick

Lincoln

LN4 3PA

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-05-28

Last: 2025-05-14

Officers (5 active · 28 resigned)

WELLING, William Richard Andrew→

secretary · appointed 2002-07-01

View their other companies + combined net worth →

Active

BROWN, Michael William→

director · ~55y · appointed 2014-03-12

View their other companies + combined net worth →

Active

FRIEND, Nigel→

director · ~52y · appointed 2021-02-25

View their other companies + combined net worth →

Active

GILDER, Ruth Elizabeth Sara→

director · ~38y · appointed 2024-04-23

View their other companies + combined net worth →

Active

MONK, Richard Frederick→

director · ~67y · appointed 2001-05-31

View their other companies + combined net worth →

Active

BUTTLE, David John→

secretary · appointed 2001-05-31 · resigned 2002-06-30

Resigned

BURGON, Alexander→

director · ~79y · appointed 2001-09-10 · resigned 2007-08-12

Resigned

DENNE, Frederick→

director · ~39y · appointed 2024-04-23 · resigned 2026-04-29

Resigned

FAIREY, John Nigel→

director · ~66y · appointed 2011-06-01 · resigned 2026-04-29

Resigned

GIBBONS, David Benjamin→

director · ~79y · appointed 2001-09-10 · resigned 2008-03-31

Resigned

GORRINGE, Philip William→

director · ~63y · appointed 2009-06-01 · resigned 2026-04-29

Resigned

GREEN, Nick John→

director · ~38y · appointed 2020-02-13 · resigned 2024-02-06

Resigned

HALL, Richard Anthony→

director · ~62y · appointed 2001-05-31 · resigned 2026-04-29

Resigned

HARRIS, Roy→

director · ~79y · appointed 2006-03-02 · resigned 2010-08-01

Resigned

HOWARD, Robert Edward→

director · ~60y · appointed 2006-03-02 · resigned 2015-02-26

Resigned

KINDRED, Peter William→

director · ~81y · appointed 2009-06-01 · resigned 2016-02-23

Resigned

LEIGHTON, Sally Ann→

director · ~59y · appointed 2017-02-16 · resigned 2026-04-29

Resigned

LOCK, Brian Norman→

director · ~83y · appointed 2006-03-02 · resigned 2018-01-31

Resigned

MANNERS, John→

director · ~90y · appointed 2001-09-11 · resigned 2006-03-02

Resigned

OSMOND, Andrew William→

director · ~60y · appointed 2015-02-26 · resigned 2024-03-11

Resigned

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