BADGER FINANCE LIMITED
💤Zombieactive
04658940 · ltd · incorporated 2003-02-06
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 Apr 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
PursueActive trading company with a 75-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 75). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (79/100)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
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
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 | 2025-04-05 | 2024-04-05 |
|---|
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
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-01-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-10-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-01-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-01-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-12-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-12-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-02-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-05-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-05-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-05-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-06-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-02-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-05-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-02-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-02-09📄change-person-director-company-with-change-dateofficers · CH01
- 2010-09-30➖DESMOND, Janet resigneddirector
- 2005-08-08➕SANDERSON, Robert appointedsecretary
- 2005-08-08➖GILL, Maninder Singh resignedsecretary
- 2003-02-06🏢Company incorporatedAs BADGER FINANCE LIMITED
- 2003-02-06➕DESMOND, Richard Clive appointeddirector
- 2003-02-06➕GILL, Maninder Singh appointedsecretary
- 2003-02-06➕TEMPLE SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2003-02-06➖TEMPLE SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2003-02-06➕DESMOND, Janet appointeddirector
- 2003-02-06➕COMPANY DIRECTORS LIMITED appointedcorporate-nominee-director
- 2003-02-06➖COMPANY DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 75 — succession pressure is live.
Succession & seller-readiness
100/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard Clive Desmond Individual · British · DOB 12/1951 · age 75 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒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 →Similar companies
Active · Financial services · EC postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AXA GLOBAL HEALTHCARE (UK) LIMITED→ 03039521 · est 1995 · no financials extracted | — | — | — | — | 31y | — | — |
| AXIOMA EUROPE LTD→ 11447632 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AXIS SPECIALTY FINANCE PLC→ 08831330 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| AXXELTROVA PARTNERS LIMITED→ 14421956 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AYT FINANCE LTD→ 13835240 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| B2C2 LTD→ 07995888 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| B42 INVESTMENTS→ 10756211 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BAB GLOBAL LIMITED→ 14809211 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| BACCHUS HOLDINGS LIMITED→ 09766399 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| BAILEOG UNDERWRITING LIMITED→ 04842190 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| BAILEY & CLARENCE LTD→ 16412845 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BAILEY FINANCIAL LIMITED→ 05108747 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
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
Incorporated2003-02-06
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified
Registered office
The Northern And Shell Building
Number 10 Lower Thames Street
London
EC3R 6EN
Filing status
Accounts
Next due: 2027-01-05
Last made up to: 2025-04-05
Confirmation statement
Next due: 2026-11-04
Last: 2025-10-21
Officers (2 active · 4 resigned)
Active
DESMOND, Richard Clive→
Activedirector · ~75y · appointed 2003-02-06
View their other companies + combined net worth →
GILL, Maninder Singh→
Resignedsecretary · appointed 2003-02-06 · resigned 2005-08-08
TEMPLE SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-02-06 · resigned 2003-02-06
DESMOND, Janet→
Resigneddirector · ~72y · appointed 2003-02-06 · resigned 2010-09-30
COMPANY DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2003-02-06 · resigned 2003-02-06
Click a director name to see their full track record across all companies.
Recent filings (60 total)
accounts-with-accounts-type-dormant
accounts · AA
2026-01-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-19
accounts-with-accounts-type-dormant
accounts · AA
2025-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-15
accounts-with-accounts-type-dormant
accounts · AA
2024-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-15
accounts-with-accounts-type-dormant
accounts · AA
2022-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-16
accounts-with-accounts-type-dormant
accounts · AA
2021-12-10
accounts-with-accounts-type-dormant
accounts · AA
2021-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-13
accounts-with-accounts-type-dormant
accounts · AA
2019-05-21