BRADSHAW UTILITIES LIMITED

🌳Matureactive
04728299 · ltd · incorporated 2003-04-09
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 May 2025
Net worth
£29
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 35140
Sector: Electricity, gas & energy
Investor take
Pursue
Asset-holding vehicle with a 74-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (83/100, director aged 74). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (78/100)

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 (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
64 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £29

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£29
↑ 222% YoY
Current Assets
£17k
↑ 52% YoY
Current Liabilities
—
£0£3k£7k£10k£14k£17kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-312024-05-31
Total assets£10.0k£9.1k
Current assets£17.3k£11.4k
Net assets£29£9

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
1
filing
  • • 1 officers
Last 180 days
1
filing
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-03-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-02-16
    ➖
    WARBURTON, Sabrina Jane Karoliina resigned
    director
  3. 2025-09-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-06-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-04-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-08-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-07-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-07-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-08-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-08-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-11-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-11-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-09-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-04-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2017-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2003-04-13
    ➕
    SPENCER, Anthony Brian appointed
    secretary
  18. 2003-04-13
    ➕
    SPENCER, Anthony Brian appointed
    director
  19. 2003-04-13
    ➕
    SPENCER, Helena Kristiina appointed
    director
  20. 2003-04-13
    ➖
    @UKPLC CLIENT SECRETARY LTD resigned
    corporate-nominee-secretary
  21. 2003-04-13
    ➕
    WARBURTON, Sabrina Jane Karoliina appointed
    director
  22. 2003-04-13
    ➖
    @UKPLC CLIENT DIRECTOR LTD resigned
    corporate-nominee-director
  23. 2003-04-09
    🏢
    Company incorporated
    As BRADSHAW UTILITIES LIMITED
  24. 2003-04-09
    ➕
    @UKPLC CLIENT SECRETARY LTD appointed
    corporate-nominee-secretary
  25. 2003-04-09
    ➕
    @UKPLC CLIENT DIRECTOR 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 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
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 74 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Anthony Brian Spencer
Individual · British · DOB 12/1954 · age 72
50–75%
50–75%50-75% shares · 50-75% voting06/04/2016
1 historic (ceased) PSC
  • Mrs Helena Kristiina Spencerceased 11/04/2018· 25-50% shares

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 →

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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
Incorporated2003-04-09
Jurisdictionengland-wales
Primary SIC35140 — SIC 35140

Registered office

The Belmont, Suite 2a
89 Middleton Road
Manchester
M8 4JY
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-11-05
Last: 2025-10-22

Officers (3 active · 3 resigned)

SPENCER, Anthony Brian→
secretary · appointed 2003-04-13
View their other companies + combined net worth →
Active
SPENCER, Anthony Brian→
director · ~72y · appointed 2003-04-13
View their other companies + combined net worth →
Active
SPENCER, Helena Kristiina→
director · ~74y · appointed 2003-04-13
View their other companies + combined net worth →
Active
@UKPLC CLIENT SECRETARY LTD→
corporate-nominee-secretary · appointed 2003-04-09 · resigned 2003-04-13
Resigned
WARBURTON, Sabrina Jane Karoliina→
director · ~44y · appointed 2003-04-13 · resigned 2026-02-16
Resigned
@UKPLC CLIENT DIRECTOR LTD→
corporate-nominee-director · appointed 2003-04-09 · resigned 2003-04-13
Resigned

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

Recent filings (64 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-02
change-person-director-company-with-change-date
officers · CH01
2025-06-24
change-person-director-company-with-change-date
officers · CH01
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-23