BADER MALAN LIMITED

🌳Matureactive
04329913 · ltd · incorporated 2001-11-27
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
£97.2k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Non-life insurance
Sector: Financial & insurance
ALSO REGISTERED FOR
  • 66220Activities of insurance agents and brokers
Investor take
Pursue
Asset-holding vehicle with a 68-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (83/100, director aged 68). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

Data confidence

Overall: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 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
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £97,240

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£97k
↑ 4.4% YoY
Current Assets
—
Current Liabilities
—
£0£63k£127k£190k£253k£317kDec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-12-312024-12-31
Total assets£97.2k£93.1k
Current assets—£316.8k
Net assets£97.2k£93.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
  • • 1 change-of-name
  • • 1 persons-with-significant-control
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-02-12
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2026-02-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2026-01-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-07-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-07-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-07-10
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  7. 2025-02-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2024-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-02-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-12-01
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  12. 2021-09-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2021-01-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-01-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-09-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2013-11-28
    ➕
    NELLIGAN, Louise Alison appointed
    director
  18. 2010-03-01
    ➖
    NELLIGAN, Louise Alison resigned
    director
  19. 2001-11-29
    ➖
    FORM 10 SECRETARIES FD LTD resigned
    corporate-nominee-secretary
  20. 2001-11-29
    ➖
    FORM 10 DIRECTORS FD LTD resigned
    corporate-nominee-director
  21. 2001-11-27
    🏢
    Company incorporated
    As BADER MALAN LIMITED
  22. 2001-11-27
    ➕
    NELLIGAN, Louise Alison appointed
    secretary
  23. 2001-11-27
    ➕
    NELLIGAN, Michael John appointed
    director
  24. 2001-11-27
    ➕
    FORM 10 SECRETARIES FD LTD appointed
    corporate-nominee-secretary
  25. 2001-11-27
    ➕
    NELLIGAN, Louise Alison appointed
    director
  26. 2001-11-27
    ➕
    FORM 10 DIRECTORS FD LTD appointed
    corporate-nominee-director

Owner dependency

91/100
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
  • +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 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong 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.
  • 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.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-02-12: certificate-change-of-name-company

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Michael John Nelligan
Individual · British · DOB 12/1958 · age 68
50–75%
—50-75% shares06/04/2016
Mrs Louise Alison Nelligan
Individual · British · DOB 12/1961 · age 65
25–50%
—25-50% shares27/11/2016

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Available from the Pro tier upwards.

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Company details

Statusactive
Typeltd
Incorporated2001-11-27
Jurisdictionengland-wales
Primary SIC65120 — Non-life insurance

Registered office

Neville House 17 Richmond Close
Fetcham
Leatherhead
KT22 9NX
England

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-12-01
Last: 2025-11-17

Officers (3 active · 3 resigned)

NELLIGAN, Louise Alison→
secretary · appointed 2001-11-27
View their other companies + combined net worth →
Active
NELLIGAN, Louise Alison→
director · ~65y · appointed 2013-11-28
View their other companies + combined net worth →
Active
NELLIGAN, Michael John→
director · ~68y · appointed 2001-11-27
View their other companies + combined net worth →
Active
FORM 10 SECRETARIES FD LTD→
corporate-nominee-secretary · appointed 2001-11-27 · resigned 2001-11-29
Resigned
NELLIGAN, Louise Alison→
director · ~64y · appointed 2001-11-27 · resigned 2010-03-01
Resigned
FORM 10 DIRECTORS FD LTD→
corporate-nominee-director · appointed 2001-11-27 · resigned 2001-11-29
Resigned

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

Recent filings (76 total)

certificate-change-of-name-company
change-of-name · CERTNM
2026-02-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-11
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-17
change-person-director-company-with-change-date
officers · CH01
2025-07-15
change-person-director-company-with-change-date
officers · CH01
2025-07-10
change-person-secretary-company-with-change-date
officers · CH03
2025-07-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-01