BRIDGESVEN PROPERTY 1 LIMITED

⚰️Wound downreceivership
06239768 · ltd · incorporated 2007-05-08
Investment thesis
Company receivership — 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 18.9y old — refinance window within 12 months
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
39/100
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 39/100 (watch), bankability 25/100. Strong seller-intent signal (65/100, director aged 64). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

2 live charges · oldest 18.9y

55/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 18.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: low (51/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 2 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
39/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
13
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 (35 events)Click to expand
  1. 2016-05-10
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · 3.6
  2. 2016-05-03
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · 3.6
  3. 2016-04-13
    ⚠️
    liquidation-receiver-cease-to-act-receiver
    insolvency · RM02
  4. 2016-04-13
    ⚠️
    liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
    insolvency · 3.6
  5. 2015-07-21
    ⚠️
    liquidation-receiver-appointment-of-receiver
    insolvency · RM01
  6. 2014-10-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2014-06-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2014-04-04
    ⚠️
    liquidation-receiver-appointment-of-receiver
    insolvency · RM01
  9. 2013-09-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2013-07-04
    MAW, John Rory Hamilton resigned
    secretary
  11. 2013-07-04
    📄
    termination-secretary-company-with-name
    officers · TM02
  12. 2013-05-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2013-05-08
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  14. 2013-05-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2012-09-25
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2012-05-30
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2011-09-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2011-05-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2011-05-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2010-09-15
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2010-06-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2010-06-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2009-07-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  24. 2009-05-27
    📄
    legacy
    officers · 288a
  25. 2009-05-26
    📄
    legacy
    annual-return · 363a
  26. 2009-05-21
    📄
    legacy
    officers · 288b
  27. 2009-05-19
    NEWBOROUGH, Philip William appointed
    director
  28. 2009-05-19
    PHILLIPS, Jeremy resigned
    director
  29. 2008-07-16
    MAW, John Rory Hamilton appointed
    secretary
  30. 2008-06-25
    ALLEN, Ian William resigned
    secretary
  31. 2007-07-03
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  32. 2007-07-03
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  33. 2007-05-08
    🏢
    Company incorporated
    As BRIDGESVEN PROPERTY 1 LIMITED
  34. 2007-05-08
    ALLEN, Ian William appointed
    secretary
  35. 2007-05-08
    PHILLIPS, Jeremy appointed
    director

Owner dependency

93/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

83/100
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.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2014-09-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2017-05-22

Company status: receivership
high

Company is in a formal insolvency or administration process. Treat accordingly.

6 insolvency-related filings on record
high

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

Evidence: 2016-05-10: liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date; 2016-05-03: liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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

12 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 →
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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.

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Company details

Statusreceivership
Typeltd
Incorporated2007-05-08
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

38 Seymour Street
London
W1H 7BP
United Kingdom

Filing status

Accounts
Next due: 2014-09-30OVERDUE
Last made up to: 2012-12-31
Confirmation statement
Next due: 2017-05-22OVERDUE
Last:

Officers (1 active · 3 resigned)

NEWBOROUGH, Philip William
director · ~64y · appointed 2009-05-19
View their other companies + combined net worth →
Active
ALLEN, Ian William
secretary · appointed 2007-05-08 · resigned 2008-06-25
Resigned
MAW, John Rory Hamilton
secretary · appointed 2008-07-16 · resigned 2013-07-04
Resigned
PHILLIPS, Jeremy
director · ~71y · appointed 2007-05-08 · resigned 2009-05-19
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Debenture1 property03/07/2007
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Legal charge1 property03/07/2007
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (34 total)

liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2016-05-10
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2016-05-03
liquidation-receiver-cease-to-act-receiver
insolvency · RM02
2016-04-13
liquidation-receiver-abstract-of-receipts-and-payments-with-brought-down-date
insolvency · 3.6
2016-04-13
liquidation-receiver-appointment-of-receiver
insolvency · RM01
2015-07-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2014-10-08
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-06-18
liquidation-receiver-appointment-of-receiver
insolvency · RM01
2014-04-04
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-09-19
termination-secretary-company-with-name
officers · TM02
2013-07-04
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-05-08
change-person-secretary-company-with-change-date
officers · CH03
2013-05-08
change-person-director-company-with-change-date
officers · CH01
2013-05-08
accounts-with-accounts-type-full
accounts · AA
2012-09-25
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-05-30