BEARE & SON LIMITED

💤Zombieactive
04580313 · ltd · incorporated 2002-11-04
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 Mar 2025
Net worth
£-31.4k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Wholesale of musical instruments
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47591Retail sale of musical instruments and scores
  • 47910Retail sale via mail order houses or via Internet
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 23.3y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 23.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · 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, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 4 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
69 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 105 (micro)
Negative net assets
Liabilities exceed assets by £31,443

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£31k
↓ 32% YoY
Current Assets
£61k
↓ 12% YoY
Current Liabilities
-£31k-£11k£9k£29k£49k£69kMar 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£-22.9k£-20.8k
Current assets£60.9k£69.5k
Net assets£-31.4k£-23.9k

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 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-12-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-12-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-02-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-02-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-04-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-03-08
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2018-03-01
    HUDSON, Jane Lillian resigned
    secretary
  12. 2018-01-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-01-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2017-01-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-12-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-11-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2011-02-01
    HUDSON, Jane Lillian appointed
    secretary
  18. 2011-02-01
    HUTCHINSON, Mark resigned
    secretary
  19. 2011-02-01
    HUTCHINSON, Brian resigned
    director
  20. 2006-07-23
    HENNEMAN, Donald Francis resigned
    director
  21. 2006-07-12
    HUTCHINSON, Brian appointed
    director
  22. 2003-06-30
    ARMSON, Pamela Lucy resigned
    director
  23. 2003-04-01
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  24. 2002-11-04
    🏢
    Company incorporated
    As BEARE & SON LIMITED
  25. 2002-11-04
    HUTCHINSON, Mark appointed
    director
  26. 2002-11-04
    BHARDWAJ, Ashok appointed
    nominee-secretary
  27. 2002-11-04
    BHARDWAJ, Ashok resigned
    nominee-secretary
  28. 2002-11-04
    HUTCHINSON, Mark appointed
    secretary
  29. 2002-11-04
    ARMSON, Pamela Lucy appointed
    director
  30. 2002-11-04
    HENNEMAN, Donald Francis appointed
    director
  31. 2002-11-04
    BHARDWAJ CORPORATE SERVICES LIMITED appointed
    corporate-nominee-director
  32. 2002-11-04
    BHARDWAJ CORPORATE SERVICES LIMITED resigned
    corporate-nominee-director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

95/100
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 65. 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 24 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Mark Hutchinson
Individual · British · DOB 09/1961 · age 65
75100%
75–100%board control75-100% shares · 75-100% voting · board control14/06/2016

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 →
🔒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
Incorporated2002-11-04
Jurisdictionengland-wales
Primary SIC46491 — Wholesale of musical instruments

Registered office

81 Buckwood Road
Markyate
St. Albans
AL3 8JE
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-18
Last: 2025-11-04

Officers (1 active · 7 resigned)

HUTCHINSON, Mark
director · ~65y · appointed 2002-11-04
View their other companies + combined net worth →
Active
BHARDWAJ, Ashok
nominee-secretary · appointed 2002-11-04 · resigned 2002-11-04
Resigned
HUDSON, Jane Lillian
secretary · appointed 2011-02-01 · resigned 2018-03-01
Resigned
HUTCHINSON, Mark
secretary · appointed 2002-11-04 · resigned 2011-02-01
Resigned
ARMSON, Pamela Lucy
director · ~91y · appointed 2002-11-04 · resigned 2003-06-30
Resigned
HENNEMAN, Donald Francis
director · ~101y · appointed 2002-11-04 · resigned 2006-07-23
Resigned
HUTCHINSON, Brian
director · ~94y · appointed 2006-07-12 · resigned 2011-02-01
Resigned
BHARDWAJ CORPORATE SERVICES LIMITED
corporate-nominee-director · appointed 2002-11-04 · resigned 2002-11-04
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property01/04/2003
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (69 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-18
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-05
accounts-with-accounts-type-micro-entity
accounts · AA
2020-04-23
confirmation-statement-with-updates
confirmation-statement · CS01
2019-11-12