BANKRUPTCY ADVISORY SERVICE LIMITED

💤Zombieactive
04934246 · ltd · incorporated 2003-10-16
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 Nov 2025
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pursue
Active trading company with a 79-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 79). 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 (76/100)

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
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
71 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 accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Nov 2024Nov 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · IFRS
Metric2025-11-302024-11-30
Average employees100100

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 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-04-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-03-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-01-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-02-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-01-13
    HANKEY, Edward resigned
    secretary
  7. 2022-01-13
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2021-05-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-06-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-07-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-05-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-08-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-04-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-10-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-05-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2014-12-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2010-09-09
    MCGILLAN, Joanne Louise resigned
    director
  18. 2003-10-21
    ENERGIZE SECRETARY LIMITED resigned
    corporate-nominee-secretary
  19. 2003-10-21
    ENERGIZE DIRECTOR LIMITED resigned
    corporate-nominee-director
  20. 2003-10-16
    🏢
    Company incorporated
    As BANKRUPTCY ADVISORY SERVICE LIMITED
  21. 2003-10-16
    HANKEY, Gillian appointed
    director
  22. 2003-10-16
    HANKEY, Edward appointed
    secretary
  23. 2003-10-16
    ENERGIZE SECRETARY LIMITED appointed
    corporate-nominee-secretary
  24. 2003-10-16
    MCGILLAN, Joanne Louise appointed
    director
  25. 2003-10-16
    ENERGIZE DIRECTOR LIMITED appointed
    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 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

100/100
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 79 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

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
Mrs Gillian Hankey
Individual · English · DOB 07/1947 · age 79
75100%
75–100%board control75-100% shares · 75-100% voting · board control16/10/2016

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
Incorporated2003-10-16
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

The Cottage 4 Bridge Close
Waterside
Knaresborough
North Yorkshire
HG5 8PN

Filing status

Accounts
Next due: 2027-08-31
Last made up to: 2025-11-30
Confirmation statement
Next due: 2026-10-28
Last: 2025-10-14

Officers (1 active · 4 resigned)

HANKEY, Gillian
director · ~79y · appointed 2003-10-16
View their other companies + combined net worth →
Active
HANKEY, Edward
secretary · appointed 2003-10-16 · resigned 2022-01-13
Resigned
ENERGIZE SECRETARY LIMITED
corporate-nominee-secretary · appointed 2003-10-16 · resigned 2003-10-21
Resigned
MCGILLAN, Joanne Louise
director · ~50y · appointed 2003-10-16 · resigned 2010-09-09
Resigned
ENERGIZE DIRECTOR LIMITED
corporate-nominee-director · appointed 2003-10-16 · resigned 2003-10-21
Resigned

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

Recent filings (71 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-03
termination-secretary-company-with-name-termination-date
officers · TM02
2022-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-19
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-22
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-04