BATH POTTERS SUPPLIES LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
3 live charges · 2 lenders · oldest 20.9y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 20.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £1.25M | £1.17M |
| Current assets | £1.02M | £1.02M |
| Cash | £568.5k | £699.3k |
| Debtors | £98.0k | £117.5k |
| Net assets | £1.07M | £958.4k |
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
- • 1 incorporation
- • 1 resolution
- • 1 incorporation
- • 1 resolution
- • 1 incorporation
- • 1 resolution
- • 1 confirmation-statement
Corporate timeline (35 events)Click to expand
- 2026-06-07📄memorandum-articlesincorporation · MA
- 2026-06-07📄resolutionresolution · RESOLUTIONS
- 2025-10-02📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-09-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-01-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-16📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-01-16📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-01-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-01-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-01-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-01-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-11-06📄capital-return-purchase-own-sharescapital · SH03
- 2023-10-25📄resolutionresolution · RESOLUTIONS
- 2023-10-25📄capital-cancellation-sharescapital · SH06
- 2023-10-01➕HOWE, Elizabeth Jane appointedsecretary
- 2023-10-01➖HOWE, Roger Jonathan resignedsecretary
- 2023-10-01➖HOWE, Roger Jonathan resigneddirector
- 2023-09-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-09-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-11-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-12-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-10-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-10-15🔒Charge registered #3Lender: Lloyds Bank PLC
- 2018-03-31➕ASPELING, Thiaan appointeddirector
- 2018-03-31➕HOWE, Elsbeth Arabella appointeddirector
- 2017-12-22🔒Charge registered #2Lender: Lloyds Bank PLC
- 2005-07-29🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2005-06-07➕HOWE, Elizabeth Jayne appointeddirector
- 2005-06-07➕HOWE, Roger Jonathan appointedsecretary
- 2005-06-07➕HOWE, Roger Jonathan appointeddirector
- 2005-06-02➖SECRETARIAL APPOINTMENTS LIMITED resignedcorporate-nominee-secretary
- 2005-06-02➖CORPORATE APPOINTMENTS LIMITED resignedcorporate-nominee-director
- 2005-05-19🏢Company incorporatedAs BATH POTTERS SUPPLIES LIMITED
- 2005-05-19➕SECRETARIAL APPOINTMENTS LIMITED appointedcorporate-nominee-secretary
- 2005-05-19➕CORPORATE APPOINTMENTS LIMITED appointedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Elizabeth Jayne Howe Individual · British · DOB 08/1953 · age 73 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/10/2023 |
Miss Elsbeth Arabella Howe Individual · British · DOB 04/1989 · age 37 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/10/2023 |
Mr Thiaan Aspeling Individual · South African · DOB 11/1979 · age 47 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/10/2023 |
2 historic (ceased) PSCs
- Mr Roger Jonathan Howeceased 01/10/2023· 25-50% shares · 25-50% voting
- Mrs Elizabeth Jayne Howeceased 01/08/2023· 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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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 →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 (4 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 15/10/2021 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 22/12/2017 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 29/07/2005 | — |