BASEMENT TEXTILES LIMITED

⚰️Wound downdissolved

06055947 · ltd · incorporated 2007-01-17

Investment thesis

Company dissolved — 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 Mar 2025

Net worth

£232

book net assets

Opportunity

64/100

Worth a look

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 14120

Sector: Manufacturing

Investor take

Special-situation opportunity

Distressed manufacturing with salvageable qualities — special-situations priority.

Opportunity 64/100 (worth a look), bankability 70/100. Strong seller-intent signal (65/100, director aged 64). Share purchase looks the cleaner deal structure. 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 (65/100).

Data confidence

Overall: medium (77/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (3 active, 5 linked, 4 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

46 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

64/100Worth a look

PassWatchWorth a lookStrongExceptional

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

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £232

Net assets shrinking

Down £247 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£232

↓ 52% YoY

Current Assets

£32k

↑ 43% YoY

Current Liabilities

—

Hover 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	£232	£479
Current assets	£31.9k	£22.4k
Net assets	£232	£479

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filing

• 1 gazette

Last 90 days

filing

• 1 gazette

Last 180 days

filings

• 2 gazette

Counts from Companies House filing history.

Corporate timeline (25 events)Click to expand

2026-07-14
📄
gazette-dissolved-compulsory
gazette · GAZ2
2026-07-14
🏁
Company dissolved
2026-04-28
📄
gazette-notice-compulsory
gazette · GAZ1
2025-12-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-12-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-21
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-31
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-03-08
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-12-31
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-04-01
➕
MARQUEZ, Anita Rose appointed
director
2007-05-21
➕
GELL, Steven Anthony appointed
director
2007-05-21
➖
SPENCE, Christian Agnes resigned
director
2007-05-21
➖
SPENCE, Nigel Anthony resigned
director
2007-01-17
🏢
Company incorporated
As BASEMENT TEXTILES LIMITED
2007-01-17
➕
SPENCE, Nigel Anthony appointed
secretary
2007-01-17
➕
SPENCE, Christian Agnes appointed
director
2007-01-17
➕
SPENCE, Nigel Anthony appointed
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 19 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

79/100

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 64. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 19 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 high ·

Company dissolved

high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2026-07-14

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Steven Anthony Gell Individual · British · DOB 07/1973 · age 53	25–50%	—	25-50% shares	06/04/2016
Ms Anita Rose Gell Individual · British · DOB 07/1962 · age 64	25–50%	—	25-50% shares	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Manufacturing · SG postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
AEGIS 4 SECURITY LTD→ 04287662 · est 2001 · no financials extracted	—	—	—	—	24y	—	—
B. & S. GLASS INDUSTRIES LTD.→ 00232408 · est 1928 · no financials extracted	—	—	—	—	97y	—	—
BARDEEN LTD→ 16858861 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BELL CONCRETE LTD→ 16315292 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
BELL PRECISION LIMITED→ 03229896 · est 1996 · no financials extracted	—	—	—	—	29y	—	—
BELLANUEL LIMITED→ 13891198 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
BELVARA LTD→ 15760587 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
BENCHMARK FABRICATIONS LIMITED→ 02980858 · est 1994 · no financials extracted	—	—	—	—	31y	—	—
BETTS OFFICIAL LTD→ 16525783 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BEVERLEY HILLS INTERIORS LIMITED→ 02965044 · est 1994 · no financials extracted	—	—	—	—	31y	—	—
BIOPROCESS LTD→ 14539406 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
BIOWIZARD LTD.→ 09434051 · est 2015 · no financials extracted	—	—	—	—	11y	—	—

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.

See pricing →

Company details

Statusdissolved

Typeltd

Incorporated2007-01-17

Jurisdictionengland-wales

Primary SIC14120 — SIC 14120

Registered office

Tan House

15 South End Bassingbourn

Royston

Hertfordshire

SG8 5NJ

Filing status

Accounts

Next due: —

Last made up to: 2025-03-31

Confirmation statement

Next due: —

Last: 2025-01-17

Officers (0 active · 2 resigned)

SPENCE, Nigel Anthony→

secretary · appointed 2007-01-17

View their other companies + combined net worth →

Active

GELL, Steven Anthony→

director · ~53y · appointed 2007-05-21

View their other companies + combined net worth →

Active

MARQUEZ, Anita Rose→

director · ~64y · appointed 2010-04-01

View their other companies + combined net worth →

Active

SPENCE, Christian Agnes→

director · ~65y · appointed 2007-01-17 · resigned 2007-05-21

Resigned

SPENCE, Nigel Anthony→

director · ~70y · appointed 2007-01-17 · resigned 2007-05-21

Resigned

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

Recent filings (46 total)

gazette-dissolved-compulsory

gazette · GAZ2

2026-07-14

gazette-notice-compulsory

gazette · GAZ1

2026-04-28

accounts-with-accounts-type-micro-entity

accounts · AA

2025-12-22