BOLLMAN HEADWEAR EUROPE LIMITED
🌳Matureactive
04315464 · ltd · incorporated 2001-11-02
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Wholesale of clothing and footwear
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 73/100 (strong), bankability 47/100. Strong seller-intent signal (78/100, director aged 69). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 23.2y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 23.2 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (69/100)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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 4 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
75 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 4 | 400 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
- 2025-12-22📄accounts-with-accounts-type-smallaccounts · AA
- 2024-09-28📄accounts-with-accounts-type-smallaccounts · AA
- 2023-09-20📄accounts-with-accounts-type-smallaccounts · AA
- 2022-12-20📄accounts-with-accounts-type-smallaccounts · AA
- 2022-01-09📄accounts-with-accounts-type-smallaccounts · AA
- 2021-01-11📄accounts-with-accounts-type-smallaccounts · AA
- 2020-11-17📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2020-11-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-11-17📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-06-30➕HUBER, David appointedsecretary
- 2020-06-30➖FITTERLING, Chris resignedsecretary
- 2020-06-30➖FITTERLING, Chris resigneddirector
- 2019-12-30📄accounts-with-accounts-type-smallaccounts · AA
- 2018-05-04📄accounts-with-accounts-type-smallaccounts · AA
- 2017-06-21📄accounts-with-accounts-type-smallaccounts · AA
- 2016-07-18📄accounts-with-accounts-type-fullaccounts · AA
- 2015-11-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-05-22📄accounts-with-accounts-type-fullaccounts · AA
- 2014-12-15📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-10-24🔒Charge registered #5Lender: Wells Fargo Bank, National Association
- 2009-03-09🔒Charge registered #4Lender: Wachovia Bank, National Association
- 2009-03-09🔒Charge registered #3Lender: Wachovia Bank, National Association
- 2008-10-02🔓Charge satisfied #1
- 2008-07-22🔒Charge registered #2Lender: British Overseas Bank Nominees Limited and Wgtc Nominees Limited
- 2003-10-01➕HUBER, David appointeddirector
- 2003-10-01➖GLASS, Curtis resigneddirector
- 2003-02-24🔒Charge registered #1Lender: Lasalle Business Credit ,Llc
- 2001-11-02🏢Company incorporatedAs BOLLMAN HEADWEAR EUROPE LIMITED
- 2001-11-02➕RONGIONE, Donald appointeddirector
- 2001-11-02➕FITTERLING, Chris appointedsecretary
- 2001-11-02➕YORK PLACE COMPANY SECRETARIES LIMITED appointedcorporate-secretary
- 2001-11-02➖YORK PLACE COMPANY SECRETARIES LIMITED resignedcorporate-secretary
- 2001-11-02➕FITTERLING, Chris appointeddirector
- 2001-11-02➕GLASS, Curtis appointeddirector
- 2001-11-02➕YORK PLACE COMPANY NOMINEES LIMITED appointedcorporate-director
- 2001-11-02➖YORK PLACE COMPANY NOMINEES LIMITED resignedcorporate-director
Owner dependency
83/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
81/100
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 69. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 25 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2025-11-16
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|---|---|---|---|---|---|---|---|
| A W BLAKE LTD→ 02969527 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
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| ARMSTRONG BUILDING SUPPLIES LIMITED→ 03962404 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| AUDEK TIMBER LIMITED→ 16326439 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AYLE COLLIERY COMPANY LIMITED→ 00281899 · est 1933 · no financials extracted | — | — | — | — | 92y | — | — |
| B. B. DAIRY LIMITED→ 06956754 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| BIOGLOW ALGAE LTD→ 15011370 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BIRDS FREE RANGE EGGS→ 09517834 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| BLOMFIELD'S LIMITED→ 04699425 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| BORDER FIRE AND SECURITY LIMITED→ 01897238 · est 1985 · no financials extracted | — | — | — | — | 41y | — | — |
| BORDER FOOD MACHINERY LIMITED→ 04173350 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2001-11-02
Jurisdictionengland-wales
Primary SIC46420 — Wholesale of clothing and footwear
Registered office
2 Merchants Drive
Carlisle
Cumbria
CA3 0JW
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2025-11-16OVERDUE
Last: 2024-11-02
Officers (3 active · 5 resigned)
Active
HUBER, David→
Activedirector · ~61y · appointed 2003-10-01
View their other companies + combined net worth →
RONGIONE, Donald→
Activedirector · ~69y · appointed 2001-11-02
View their other companies + combined net worth →
FITTERLING, Chris→
Resignedsecretary · appointed 2001-11-02 · resigned 2020-06-30
YORK PLACE COMPANY SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2001-11-02 · resigned 2001-11-02
FITTERLING, Chris→
Resigneddirector · ~71y · appointed 2001-11-02 · resigned 2020-06-30
GLASS, Curtis→
Resigneddirector · ~84y · appointed 2001-11-02 · resigned 2003-10-01
YORK PLACE COMPANY NOMINEES LIMITED→
Resignedcorporate-director · appointed 2001-11-02 · resigned 2001-11-02
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
4
Outstanding
3
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Wells Fargo Bank, National Association | Cash collateral deed | 1 property | 24/10/2012 | — | |
| outstanding | Wachovia Bank, National Association | Third amendment and joinder to loan and security agreement | 1 property | 09/03/2009 | — | |
| outstanding | Wachovia Bank, National Association | Debenture | 1 property | 09/03/2009 | — | |
| outstanding | British Overseas Bank Nominees and Wgtc Nominees British Overseas Bank Nominees Limited and Wgtc Nominees Limited | Rent deposit deed | 1 property | 22/07/2008 | — | |
| satisfied | Lasalle Business Credit , Lasalle Business Credit ,Llc | Debenture | 1 property | 24/02/2003 | 02/10/2008 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (75 total)
accounts-with-accounts-type-small
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-15
accounts-with-accounts-type-small
accounts · AA
2024-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-13
accounts-with-accounts-type-small
accounts · AA
2023-09-20
accounts-with-accounts-type-small
accounts · AA
2022-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-15
accounts-with-accounts-type-small
accounts · AA
2022-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-15
accounts-with-accounts-type-small
accounts · AA
2021-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-18
appoint-person-secretary-company-with-name-date
officers · AP03
2020-11-17
termination-director-company-with-name-termination-date
officers · TM01
2020-11-17
termination-secretary-company-with-name-termination-date
officers · TM02
2020-11-17
accounts-with-accounts-type-small
accounts · AA
2019-12-30