BAGSUPPLY LIMITED
⚰️Wound downdissolved
06256589 · ltd · incorporated 2007-05-23
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
—
not disclosed
Net worth
—
book net assets
Opportunity
54/100
Worth a look
What this business does
Primary activity: SIC 5211
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 54/100 (worth a look), bankability 40/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. 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 (50/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 18.7y
40/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 18.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: low (52/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
8 officers (4 active, 8 linked, 4 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
16 connected companies via shared directors
90
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth 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
85
Strong succession / seller-readiness signals.
Risk profile
49
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 (43 events)Click to expand
- 2012-06-05⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2012-06-05🏁Company dissolved
- 2012-03-13⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · 4.68
- 2012-03-05⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · 4.72
- 2011-01-10⚠️liquidation-voluntary-statement-of-affairs-with-form-attachedinsolvency · 4.20
- 2011-01-10⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2011-01-10📄resolutionresolution · RESOLUTIONS
- 2010-12-15📄legacymortgage · MG02
- 2010-12-15📄legacymortgage · MG02
- 2010-11-29📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-06-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-06-08📄change-person-director-company-with-change-dateofficers · CH01
- 2010-06-08📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2010-06-08📄change-person-director-company-with-change-dateofficers · CH01
- 2010-06-08📄change-person-director-company-with-change-dateofficers · CH01
- 2010-02-06📄accounts-with-accounts-type-fullaccounts · AA
- 2009-07-01📄legacyannual-return · 363a
- 2009-06-30📄legacyofficers · 288c
- 2009-06-30📄legacyofficers · 288c
- 2009-03-31📄accounts-with-accounts-type-fullaccounts · AA
- 2008-11-05📄legacyannual-return · 363s
- 2008-10-30📄legacycapital · 88(2)
- 2008-10-30📄legacyofficers · 288c
- 2008-07-17📄legacyofficers · 288b
- 2008-07-11➖HALL, William Benedict David resignedsecretary
- 2008-07-11📍legacyaddress · 287
- 2008-07-11📄legacyofficers · 288b
- 2008-06-30➖FACEY, Alexander Guy resignedsecretary
- 2007-11-23🔒Charge registered #4Lender: Nigel Trevor Paul
- 2007-10-31🔒Charge registered #3Lender: Clydesdale Bank PLC
- 2007-10-28➕PAUL, Nigel Trevor appointeddirector
- 2007-10-04🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2007-10-04🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2007-09-25➕WILLIS, Edward John appointeddirector
- 2007-06-18➕HALL, William Benedict David appointedsecretary
- 2007-06-12➕BRAID, William appointeddirector
- 2007-05-24➕BRETHERTON, Richard James Howard appointeddirector
- 2007-05-24➕FACEY, Alexander Guy appointedsecretary
- 2007-05-24➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
- 2007-05-24➖INSTANT COMPANIES LIMITED resignedcorporate-nominee-director
- 2007-05-23🏢Company incorporatedAs BAGSUPPLY LIMITED
- 2007-05-23➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 2007-05-23➕INSTANT COMPANIES LIMITED appointedcorporate-nominee-director
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 79 — succession pressure is live.
Succession & seller-readiness
83/100
Likely off-market candidateStrong 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.
- secondary12+ year tenure: Director in role 19 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2012-06-05
5 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2012-06-05: gazette-dissolved-liquidation; 2012-03-13: liquidation-voluntary-statement-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.
See pricing →Similar companies
Active · Transport & logistics · WR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A-TRACKT LTD→ 15078288 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ANDREI&MATEI TRANS LTD→ 12239627 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ANDY 2021 LTD→ 14336497 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ANYWHERE LOGISTICS LIMITED→ 09244062 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AR&EM LTD→ 12855727 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ASH MASON DRIVER HIRE LIMITED→ 10918500 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ASK 4 TRANSPORT (EVESHAM) LTD→ 16353412 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AUREL & MARGA LTD→ 13983063 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AVON NAVIGATION TRUST→ 00857695 · est 1965 · no financials extracted | — | — | — | — | 60y | — | — |
| AVON VIEW MARINA LIMITED→ 11158551 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| B K REMOVALS AND STORAGE LTD→ 11141594 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| B&H CARS (WORCESTER) LTD→ 10814449 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 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
Incorporated2007-05-23
Jurisdictionengland-wales
Primary SIC5211 — SIC 5211
Registered office
No 1 St Swithin Street
Worcester
Worcestershire
WR1 2PY
Filing status
Accounts
Next due: —
Last made up to: 2009-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 4 resigned)
BRAID, William→
Activedirector · ~66y · appointed 2007-06-12
View their other companies + combined net worth →
BRETHERTON, Richard James Howard→
Activedirector · ~79y · appointed 2007-05-24
View their other companies + combined net worth →
PAUL, Nigel Trevor→
Activedirector · ~70y · appointed 2007-10-28
View their other companies + combined net worth →
WILLIS, Edward John→
Activedirector · ~74y · appointed 2007-09-25
View their other companies + combined net worth →
FACEY, Alexander Guy→
Resignedsecretary · appointed 2007-05-24 · resigned 2008-06-30
HALL, William Benedict David→
Resignedsecretary · appointed 2007-06-18 · resigned 2008-07-11
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 2007-05-23 · resigned 2007-05-24
INSTANT COMPANIES LIMITED→
Resignedcorporate-nominee-director · appointed 2007-05-23 · resigned 2007-05-24
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| part-satisfied | Nigel Trevor Paul | Debenture | 1 property | 23/11/2007 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Legal mortgage | 1 property | 31/10/2007 | — | |
| part-satisfied | Virgin Money Clydesdale Bank PLC | Debenture | 1 property | 04/10/2007 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Legal mortgage | 1 property | 04/10/2007 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (44 total)
gazette-dissolved-liquidation
gazette · GAZ2
2012-06-05
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · 4.68
2012-03-13
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · 4.72
2012-03-05
liquidation-voluntary-statement-of-affairs-with-form-attached
insolvency · 4.20
2011-01-10
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2011-01-10
resolution
resolution · RESOLUTIONS
2011-01-10
legacy
mortgage · MG02
2010-12-15
legacy
mortgage · MG02
2010-12-15
change-registered-office-address-company-with-date-old-address
address · AD01
2010-11-29
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-06-08
change-person-director-company-with-change-date
officers · CH01
2010-06-08
change-registered-office-address-company-with-date-old-address
address · AD01
2010-06-08
change-person-director-company-with-change-date
officers · CH01
2010-06-08
change-person-director-company-with-change-date
officers · CH01
2010-06-08
accounts-with-accounts-type-full
accounts · AA
2010-02-06