BASSETT & SLUGGETT COACHES LIMITED

🌳Matureactive
05157654 · ltd · incorporated 2004-06-18
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 Jun 2025
Net worth
£141.6k
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -37% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (63/100).

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
9 officers (3 active, 9 linked, 6 with DOB)
83
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
Network not yet resolved
30
Filing history
85 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £141,579
Net assets shrinking
Down £23,633 YoY
Cash YoY
-37%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£130k
↓ 37% YoY
Net Worth
£142k
↓ 14% YoY
Current Assets
£175k
↓ 30% YoY
Current Liabilities
£0£50k£100k£150k£200k£250kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Total assets£155.3k£180.3k
Current assets£175.3k£249.6k
Cash£129.8k£205.3k
Debtors£35.1k£33.8k
Net assets£141.6k£165.2k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-09-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-07-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-07-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-07-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-07-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-07-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2024-07-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2024-07-04
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  10. 2024-07-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2024-07-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2024-06-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2024-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2023-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2022-03-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-05-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2020-03-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-04-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2018-09-30
    SLUGGETT, Emma appointed
    secretary
  20. 2018-09-30
    SLUGGETT, Emma appointed
    director
  21. 2018-09-30
    SLUGGETT, Richard John appointed
    director
  22. 2018-09-30
    SLUGGETT, Valerie Ann resigned
    secretary
  23. 2018-09-30
    SLUGGETT, Emma appointed
    director
  24. 2018-09-30
    SLUGGETT, Emma resigned
    director
  25. 2018-09-30
    SLUGGETT, Emma appointed
    director
  26. 2018-09-30
    SLUGGETT, Emma resigned
    director
  27. 2018-09-30
    SLUGGETT, Philip Albert resigned
    director
  28. 2018-09-30
    SLUGGETT, Valerie Ann resigned
    director
  29. 2004-06-18
    🏢
    Company incorporated
    As BASSETT & SLUGGETT COACHES LIMITED
  30. 2004-06-18
    SLUGGETT, Valerie Ann appointed
    secretary
  31. 2004-06-18
    SECRETARIAL APPOINTMENTS LIMITED appointed
    corporate-nominee-secretary
  32. 2004-06-18
    SECRETARIAL APPOINTMENTS LIMITED resigned
    corporate-nominee-secretary
  33. 2004-06-18
    SLUGGETT, Philip Albert appointed
    director
  34. 2004-06-18
    SLUGGETT, Valerie Ann appointed
    director

Owner dependency

81/100
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.
  • +Founder name in company name: Company name contains director surname "SLUGGETT" — strong identity link between founder and business.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Richard John Sluggett
Individual · British · DOB 12/1980 · age 46
5075%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016
Mrs Emma Sluggett
Individual · British · DOB 10/1986 · age 40
2550%
25–50%25-50% shares · 25-50% voting30/09/2018
3 historic (ceased) PSCs
  • Mrs Emma Sluggettceased 30/09/2018· 25-50% shares · 25-50% voting
  • Mrs Valerie Ann Sluggettceased 30/09/2018· 25-50% shares · 25-50% voting
  • Mr Philip Albert Sluggettceased 30/09/2018· 25-50% shares · 25-50% voting

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

6 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
Incorporated2004-06-18
Jurisdictionengland-wales
Primary SIC45200 — SIC 45200

Registered office

Office 19 Manor Offices
North Road
Holsworthy
Devon
EX22 6DJ
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-15
Last: 2025-07-01

Officers (3 active · 6 resigned)

SLUGGETT, Emma
secretary · appointed 2018-09-30
View their other companies + combined net worth →
Active
SLUGGETT, Emma
director · ~40y · appointed 2018-09-30
View their other companies + combined net worth →
Active
SLUGGETT, Richard John
director · ~46y · appointed 2018-09-30
View their other companies + combined net worth →
Active
SLUGGETT, Valerie Ann
secretary · appointed 2004-06-18 · resigned 2018-09-30
Resigned
SECRETARIAL APPOINTMENTS LIMITED
corporate-nominee-secretary · appointed 2004-06-18 · resigned 2004-06-18
Resigned
SLUGGETT, Emma
director · ~40y · appointed 2018-09-30 · resigned 2018-09-30
Resigned
SLUGGETT, Emma
director · ~26y · appointed 2018-09-30 · resigned 2018-09-30
Resigned
SLUGGETT, Philip Albert
director · ~72y · appointed 2004-06-18 · resigned 2018-09-30
Resigned
SLUGGETT, Valerie Ann
director · ~73y · appointed 2004-06-18 · resigned 2018-09-30
Resigned

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

Recent filings (85 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-05
change-person-director-company-with-change-date
officers · CH01
2024-07-04
change-person-director-company-with-change-date
officers · CH01
2024-07-04
change-person-director-company-with-change-date
officers · CH01
2024-07-04
change-person-director-company-with-change-date
officers · CH01
2024-07-04
change-person-secretary-company-with-change-date
officers · CH03
2024-07-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-20