BASSETT & SLUGGETT COACHES LIMITED
- · Thesis: well-run, low negotiation leverage
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| 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.
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
Corporate timeline (34 events)Click to expand
- 2025-09-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-04📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-04📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-04📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-04📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-04📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-07-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-06-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-03-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-09-30➕SLUGGETT, Emma appointedsecretary
- 2018-09-30➕SLUGGETT, Emma appointeddirector
- 2018-09-30➕SLUGGETT, Richard John appointeddirector
- 2018-09-30➖SLUGGETT, Valerie Ann resignedsecretary
- 2018-09-30➕SLUGGETT, Emma appointeddirector
- 2018-09-30➖SLUGGETT, Emma resigneddirector
- 2018-09-30➕SLUGGETT, Emma appointeddirector
- 2018-09-30➖SLUGGETT, Emma resigneddirector
- 2018-09-30➖SLUGGETT, Philip Albert resigneddirector
- 2018-09-30➖SLUGGETT, Valerie Ann resigneddirector
- 2004-06-18🏢Company incorporatedAs BASSETT & SLUGGETT COACHES LIMITED
- 2004-06-18➕SLUGGETT, Valerie Ann appointedsecretary
- 2004-06-18➕SECRETARIAL APPOINTMENTS LIMITED appointedcorporate-nominee-secretary
- 2004-06-18➖SECRETARIAL APPOINTMENTS LIMITED resignedcorporate-nominee-secretary
- 2004-06-18➕SLUGGETT, Philip Albert appointeddirector
- 2004-06-18➕SLUGGETT, Valerie Ann appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard John Sluggett Individual · British · DOB 12/1980 · age 46 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Mrs Emma Sluggett Individual · British · DOB 10/1986 · age 40 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/09/2018 |
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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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 →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
Registered office
Filing status
Officers (3 active · 6 resigned)
Click a director name to see their full track record across all companies.