BAY FISHERIES LIMITED

🌳Matureactive
05129399 · ltd · incorporated 2004-05-17
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 May 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Wholesale of other food, including fish, crustaceans and molluscs
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. 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
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review 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£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Average employees300300

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 (24 events)Click to expand
  1. 2026-02-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-11-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-01-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-03-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-02-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-02-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2020-02-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2019-02-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2018-01-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-07-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2017-02-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2016-06-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2016-03-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2015-05-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2014-05-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2004-05-17
    🏢
    Company incorporated
    As BAY FISHERIES LIMITED
  18. 2004-05-17
    MILES, Graham Greville Lewis appointed
    secretary
  19. 2004-05-17
    MILES, Graham Greville Lewis appointed
    director
  20. 2004-05-17
    MILES, Richard Conan appointed
    director
  21. 2004-05-17
    SDG SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  22. 2004-05-17
    SDG SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  23. 2004-05-17
    SDG REGISTRARS LIMITED appointed
    corporate-nominee-director
  24. 2004-05-17
    SDG REGISTRARS LIMITED resigned
    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 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

81/100
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 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-31

Group structure

Bay Fish Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Bay Fish Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
BAY FISHERIES LIMITED
This company · 05129399

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Bay Fish Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

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15741090 · est 2024 · no financials extracted
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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
Incorporated2004-05-17
Jurisdictionengland-wales
Primary SIC46380 — Wholesale of other food, including fish, crustaceans and molluscs

Registered office

Camburgh House
27 New Dover Road
Canterbury
Kent
CT1 3DN

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-31OVERDUE
Last: 2025-05-17

Officers (3 active · 2 resigned)

MILES, Graham Greville Lewis
secretary · appointed 2004-05-17
View their other companies + combined net worth →
Active
MILES, Graham Greville Lewis
director · ~66y · appointed 2004-05-17
View their other companies + combined net worth →
Active
MILES, Richard Conan
director · ~62y · appointed 2004-05-17
View their other companies + combined net worth →
Active
SDG SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2004-05-17 · resigned 2004-05-17
Resigned
SDG REGISTRARS LIMITED
corporate-nominee-director · appointed 2004-05-17 · resigned 2004-05-17
Resigned

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

Recent filings (50 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-23
accounts-with-accounts-type-dormant
accounts · AA
2024-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-29
accounts-with-accounts-type-dormant
accounts · AA
2024-01-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-31
accounts-with-accounts-type-dormant
accounts · AA
2023-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-17
accounts-with-accounts-type-dormant
accounts · AA
2022-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-09
accounts-with-accounts-type-dormant
accounts · AA
2021-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-19
accounts-with-accounts-type-dormant
accounts · AA
2020-02-19
confirmation-statement-with-updates
confirmation-statement · CS01
2019-05-29
accounts-with-accounts-type-dormant
accounts · AA
2019-02-28