BINGO INDUSTRIES LTD

🌳Matureactive
05834382 · ltd · incorporated 2006-06-01
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
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 38210
Sector: Water supply & waste
Investor take
Pursue
Active trading company with a 79-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (83/100, director aged 79). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (60/100)

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
Confirmed no charges registered
85
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
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 (26 events)Click to expand
  1. 2025-08-14
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  2. 2025-04-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2025-01-29
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2024-04-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-04-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-03-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2020-10-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2019-10-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2018-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-02-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2017-02-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2016-06-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-11-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2015-06-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-02-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2014-06-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2013-06-25
    ➖
    HANFORD, Stuart Ivor resigned
    director
  18. 2008-02-01
    ➕
    KENNEY, Michael Andrew appointed
    director
  19. 2006-07-19
    ➕
    NEAL, David John appointed
    secretary
  20. 2006-07-19
    ➕
    NEAL, David John appointed
    director
  21. 2006-07-19
    ➕
    HANFORD, Stuart Ivor appointed
    director
  22. 2006-06-01
    🏢
    Company incorporated
    As BINGO INDUSTRIES LTD
  23. 2006-06-01
    ➕
    SECRETARIAL APPOINTMENTS LIMITED appointed
    corporate-nominee-secretary
  24. 2006-06-01
    ➖
    SECRETARIAL APPOINTMENTS LIMITED resigned
    corporate-nominee-secretary
  25. 2006-06-01
    ➕
    CORPORATE APPOINTMENTS LIMITED appointed
    corporate-nominee-director
  26. 2006-06-01
    ➖
    CORPORATE APPOINTMENTS LIMITED resigned
    corporate-nominee-director

Owner dependency

83/100
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.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

89/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 20 years.
  • 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

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-01-29: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David John Neal
Individual · British · DOB 07/1960 · age 66
75–100%
—75-100% shares06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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.

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Company details

Statusactive
Typeltd
Incorporated2006-06-01
Jurisdictionengland-wales
Primary SIC38210 — SIC 38210

Registered office

Ty-To-Maen Farm, Newton Road
Rumney
Cardiff
CF3 2ET

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-06-15
Last: 2025-06-01

Officers (3 active · 3 resigned)

NEAL, David John→
secretary · appointed 2006-07-19
View their other companies + combined net worth →
Active
KENNEY, Michael Andrew→
director · ~79y · appointed 2008-02-01
View their other companies + combined net worth →
Active
NEAL, David John→
director · ~66y · appointed 2006-07-19
View their other companies + combined net worth →
Active
SECRETARIAL APPOINTMENTS LIMITED→
corporate-nominee-secretary · appointed 2006-06-01 · resigned 2006-06-01
Resigned
HANFORD, Stuart Ivor→
director · ~57y · appointed 2006-07-19 · resigned 2013-06-25
Resigned
CORPORATE APPOINTMENTS LIMITED→
corporate-nominee-director · appointed 2006-06-01 · resigned 2006-06-01
Resigned

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

Recent filings (52 total)

change-account-reference-date-company-current-extended
accounts · AA01
2025-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-12
accounts-with-accounts-type-dormant
accounts · AA
2025-04-02
certificate-change-of-name-company
change-of-name · CERTNM
2025-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-06
accounts-with-accounts-type-dormant
accounts · AA
2024-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-14
accounts-with-accounts-type-dormant
accounts · AA
2023-04-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-10
accounts-with-accounts-type-dormant
accounts · AA
2022-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-17
accounts-with-accounts-type-dormant
accounts · AA
2020-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-10
accounts-with-accounts-type-dormant
accounts · AA
2019-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-12