BEDFORD DISCOUNT ELECTRICAL LIMITED

⚰️Wound downliquidation
05202890 · ltd · incorporated 2004-08-11
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
book net assets
Opportunity
52/100
Worth a look
🔔
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What this business does
Primary activity: SIC 46740
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 52/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Company in liquidation. Company is actively being wound up. Not a going concern. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

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
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
66 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
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£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Average employees200200

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
4
filings
  • 2 insolvency
  • 1 address
  • 1 resolution
Last 180 days
4
filings
  • 2 insolvency
  • 1 address
  • 1 resolution
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-04-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-04-25
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  3. 2026-04-25
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2026-04-25
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · LIQ02
  5. 2025-02-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2025-01-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-01-20
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  8. 2024-04-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-06-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2023-06-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2022-06-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-06-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-05-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-04-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2012-09-01
    NORMAN, Gregory James appointed
    director
  18. 2012-08-31
    FREEMANTLE, Stephen John resigned
    director
  19. 2004-08-11
    🏢
    Company incorporated
    As BEDFORD DISCOUNT ELECTRICAL LIMITED
  20. 2004-08-11
    PARSONS, Wayne Russell appointed
    secretary
  21. 2004-08-11
    PARSONS, Wayne Russell appointed
    director
  22. 2004-08-11
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  23. 2004-08-11
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  24. 2004-08-11
    FREEMANTLE, Stephen John appointed
    director
  25. 2004-08-11
    INSTANT COMPANIES LIMITED appointed
    corporate-nominee-director
  26. 2004-08-11
    INSTANT COMPANIES LIMITED resigned
    corporate-nominee-director

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

86/100
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 63. 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.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 high ·
Company in liquidation
high

Company is actively being wound up. Not a going concern.

2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-04-25: liquidation-voluntary-appointment-of-liquidator; 2026-04-25: liquidation-voluntary-statement-of-affairs

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Gregory James Norman
Individual · British · DOB 08/1979 · age 47
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Wayne Russell Parsons
Individual · British · DOB 09/1963 · age 63
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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

9 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

Statusliquidation
Typeltd
Incorporated2004-08-11
Jurisdictionengland-wales
Primary SIC46740 — SIC 46740

Registered office

Fts Recovery Ground Floor,Baird House
Seebeck Place
Knowlhill
Milton Keynes
MK5 8FR

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-08-25
Last: 2025-08-11

Officers (3 active · 3 resigned)

PARSONS, Wayne Russell
secretary · appointed 2004-08-11
View their other companies + combined net worth →
Active
NORMAN, Gregory James
director · ~47y · appointed 2012-09-01
View their other companies + combined net worth →
Active
PARSONS, Wayne Russell
director · ~63y · appointed 2004-08-11
View their other companies + combined net worth →
Active
SWIFT INCORPORATIONS LIMITED
corporate-nominee-secretary · appointed 2004-08-11 · resigned 2004-08-11
Resigned
FREEMANTLE, Stephen John
director · ~58y · appointed 2004-08-11 · resigned 2012-08-31
Resigned
INSTANT COMPANIES LIMITED
corporate-nominee-director · appointed 2004-08-11 · resigned 2004-08-11
Resigned

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

Recent filings (66 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-25
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2026-04-25
resolution
resolution · RESOLUTIONS
2026-04-25
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2026-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-19
change-person-director-company-with-change-date
officers · CH01
2025-01-20
change-person-secretary-company-with-change-date
officers · CH03
2025-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-15