BACSTAL PARTNERS LIMITED

🌳Matureactive
04378209 · ltd · incorporated 2002-02-20
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 Mar 2025
Net worth
£-193
book net assets
Opportunity
81/100
Exceptional
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What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 78). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

Data confidence

Overall: medium (73/100)

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
Confirmed no charges registered
85
Directors & officers
9 officers (5 active, 9 linked, 6 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
68 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £193

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£193
~ YoY
Current Assets
—
Current Liabilities
—
-£193-£193-£193-£193-£193-£193Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£-193£-193
Net assets£-193£-193

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-04-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2023-04-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2023-04-05
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2023-04-01
    ➕
    RICE-ROBERTS, Rebecca Louise appointed
    director
  8. 2023-03-31
    ➖
    GRIFFITHS, Emlyn resigned
    secretary
  9. 2023-03-31
    ➖
    GRIFFITHS, Emlyn resigned
    director
  10. 2022-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-12-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-11-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2016-12-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-03-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2015-12-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2006-09-15
    ➕
    DALY, Elisabeth Anne appointed
    director
  20. 2006-09-15
    ➕
    WILLIAMS, Sian Margaret appointed
    director
  21. 2003-06-11
    ➕
    HORWOOD, Philip Osborne appointed
    director
  22. 2003-06-11
    ➕
    WILLIAMS, David Llewelyn appointed
    director
  23. 2003-06-11
    ➕
    GRIFFITHS, Emlyn appointed
    secretary
  24. 2003-06-11
    ➖
    WATERLOW SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  25. 2003-06-11
    ➕
    GRIFFITHS, Emlyn appointed
    director
  26. 2003-06-11
    ➖
    WATERLOW NOMINEES LIMITED resigned
    corporate-nominee-director
  27. 2002-02-20
    🏢
    Company incorporated
    As BACSTAL PARTNERS LIMITED
  28. 2002-02-20
    ➕
    WATERLOW SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  29. 2002-02-20
    ➕
    WATERLOW NOMINEES LIMITED appointed
    corporate-nominee-director

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 78 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒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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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
Incorporated2002-02-20
Jurisdictionengland-wales
Primary SIC62090 — Other information technology service activities

Registered office

Griffith Williams Co
36 Stryd Fawr
Pwllheli
Gwynedd
LL53 5RT

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-06
Last: 2026-02-20

Officers (5 active · 4 resigned)

DALY, Elisabeth Anne→
director · ~57y · appointed 2006-09-15
View their other companies + combined net worth →
Active
HORWOOD, Philip Osborne→
director · ~78y · appointed 2003-06-11
View their other companies + combined net worth →
Active
RICE-ROBERTS, Rebecca Louise→
director · ~42y · appointed 2023-04-01
View their other companies + combined net worth →
Active
WILLIAMS, David Llewelyn→
director · ~70y · appointed 2003-06-11
View their other companies + combined net worth →
Active
WILLIAMS, Sian Margaret→
director · ~71y · appointed 2006-09-15
View their other companies + combined net worth →
Active
GRIFFITHS, Emlyn→
secretary · appointed 2003-06-11 · resigned 2023-03-31
Resigned
WATERLOW SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2002-02-20 · resigned 2003-06-11
Resigned
GRIFFITHS, Emlyn→
director · ~84y · appointed 2003-06-11 · resigned 2023-03-31
Resigned
WATERLOW NOMINEES LIMITED→
corporate-nominee-director · appointed 2002-02-20 · resigned 2003-06-11
Resigned

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

Recent filings (68 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-19
appoint-person-director-company-with-name-date
officers · AP01
2023-04-05
termination-director-company-with-name-termination-date
officers · TM01
2023-04-05
termination-secretary-company-with-name-termination-date
officers · TM02
2023-04-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-23
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-15
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-27