BASSITON LIMITED
⚰️Wound downdissolved
05675111 · ltd · incorporated 2006-01-13
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 20.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
50/100
Worth a look
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 50/100 (worth a look), bankability 60/100. Strong seller-intent signal (67/100, director aged 60). Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (58/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 20.4y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 20.4 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (57/100)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
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
88 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth 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
80
Strong succession / seller-readiness signals.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
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 (38 events)Click to expand
- 2024-06-14⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2024-06-14🏁Company dissolved
- 2024-03-14⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · LIQ14
- 2023-10-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-10-11⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2023-10-11📄resolutionresolution · RESOLUTIONS
- 2023-10-11⚠️liquidation-voluntary-statement-of-affairsinsolvency · LIQ02
- 2023-08-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-08-21🔓Charge satisfied #2
- 2023-08-21🔓Charge satisfied #1
- 2023-02-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-01-09📄change-person-secretary-company-with-change-dateofficers · CH03
- 2023-01-09📄change-person-director-company-with-change-dateofficers · CH01
- 2022-08-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-07-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-07-19📄change-person-secretary-company-with-change-dateofficers · CH03
- 2022-07-19📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-02-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-15📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2021-06-15📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-06-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-20📄gazette-notice-compulsorygazette · GAZ1
- 2015-07-11🔓Charge satisfied #4
- 2015-07-11🔓Charge satisfied #3
- 2013-12-04🔒Charge registered #4Lender: Close Brothers Limited
- 2013-12-04🔒Charge registered #3Lender: Close Brothers Limited
- 2013-08-23➖BARBOUR, John resigneddirector
- 2006-02-03🔒Charge registered #2Lender: Norwich Union Mortgages (General) LTD
- 2006-02-03🔒Charge registered #1Lender: Norwich Union Mortgages (General) LTD
- 2006-01-13🏢Company incorporatedAs BASSITON LIMITED
- 2006-01-13➕BASSI, Adam appointedsecretary
- 2006-01-13➕BASSI, Adam appointeddirector
- 2006-01-13➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 2006-01-13➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
- 2006-01-13➕BARBOUR, John appointeddirector
Owner dependency
100/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "BASSI" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 20 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 · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2024-06-14
4 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2024-06-14: gazette-dissolved-liquidation; 2024-03-14: liquidation-voluntary-creditors-return-of-final-meeting
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Adam Bassi Individual · British · DOB 06/1966 · age 60 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| A & G HOARE DEVELOPMENTS LIMITED→ 11388126 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A.G PLASTERING & RENDER LTD→ 16591711 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A.J.D CONVERSIONS LTD→ 11971359 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADEPT ELECTRICAL SOUTH LTD→ 10578507 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| AE&I PROPERTIES LTD→ 13794955 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AEA PRODUCTS LTD→ 15513759 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AEC SOUTH LTD→ 16215866 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AEDIFICIUM CONSERVATION LTD→ 12012094 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AF REFURBISHMENTS LTD→ 14493669 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AG PROPERTY & ESTATES LIMITED→ 14929178 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AGF FENCING & CARPENTRY LTD→ 13541344 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AGOGE REAL ESTATE LIMITED→ 14148253 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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.
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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
Statusdissolved
Typeltd
Incorporated2006-01-13
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
The Old Town Hall
71 Christchurch Road
Ringwood
BH24 1DH
Filing status
Accounts
Next due: —
Last made up to: 2022-02-03
Confirmation statement
Next due: —
Last: —
Officers (0 active · 2 resigned)
Active
Active
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 2006-01-13 · resigned 2006-01-13
BARBOUR, John→
Resigneddirector · ~63y · appointed 2006-01-13 · resigned 2013-08-23
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 04/12/2013 | 11/07/2015 | |
| satisfied | Close Brothers Close Brothers Limited | A registered charge | 1 property | 04/12/2013 | 11/07/2015 | |
| satisfied | Norwich Union Mortgages (General) Norwich Union Mortgages (General) LTD | Deed of legal charge | 1 property | 03/02/2006 | 21/08/2023 | |
| satisfied | Norwich Union Mortgages (General) Norwich Union Mortgages (General) LTD | Deed of assignment | 1 property | 03/02/2006 | 21/08/2023 |
Recent filings (88 total)
gazette-dissolved-liquidation
gazette · GAZ2
2024-06-14
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · LIQ14
2024-03-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-17
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2023-10-11
resolution
resolution · RESOLUTIONS
2023-10-11
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2023-10-11
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-21
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-02
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-18
change-person-secretary-company-with-change-date
officers · CH03
2023-01-09
change-person-director-company-with-change-date
officers · CH01
2023-01-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-19