BARNARD RESEARCH LIMITED
🌳Matureactive
06495895 · ltd · incorporated 2008-02-06
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£46
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Other activities of employment placement agencies
Sector: Administrative & support services
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -82% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (76/100)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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £46
Net assets shrinking
Down £569 YoY
Cash draining
Cash down 82% YoY
Cash YoY
-82%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£325
↓ 82% YoY
Net Worth
£46
↓ 93% YoY
Current Assets
£29k
↓ 26% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £16.3k | £19.7k |
| Current assets | £28.7k | £38.8k |
| Cash | £325 | £1.8k |
| Debtors | £27.1k | £37.0k |
| Net assets | £46 | £615 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
3
filings
- • 3 persons-with-significant-control
Last 90 days
4
filings
- • 3 persons-with-significant-control
- • 1 confirmation-statement
Last 180 days
5
filings
- • 3 persons-with-significant-control
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-05-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-05-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-05-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-03📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2022-02-02📍change-sail-address-company-with-new-addressaddress · AD02
- 2022-02-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-10-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-30📄capital-allotment-sharescapital · SH01
- 2018-05-30📄capital-allotment-sharescapital · SH01
- 2015-04-01➕HILLS, Daniel appointeddirector
- 2014-02-06➖HILLS, Vikki resignedsecretary
- 2008-02-07➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 2008-02-07➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
- 2008-02-06🏢Company incorporatedAs BARNARD RESEARCH LIMITED
- 2008-02-06➕HILLS, Vikki appointeddirector
- 2008-02-06➕HILLS, Vikki appointedsecretary
- 2008-02-06➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 2008-02-06➕FORM 10 DIRECTORS FD LTD appointedcorporate-nominee-director
Owner dependency
76/100
High — earn-out structure requiredMaterial 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 18 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 18 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Daniel Hills Individual · British · DOB 01/1973 · age 53 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mrs Vikki Hills Individual · British · DOB 01/1974 · age 52 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Vikki Hillsceased 24/05/2026· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| ASHWICK CONSULTING LIMITED→ 15506315 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AURORA MANAGEMENT AND CONSULTING LIMITED→ 15907417 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AUSTIN ARCHITECTURE & DESIGN LTD→ 10562614 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| AUTOW SERVICES LTD→ 16952633 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AYLIFFE ASSOCIATES LIMITED→ 12191215 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| B-ARCHITECT LTD→ 07046079 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| BANNISTER FINANCE LTD→ 14872231 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BAR BABES LTD→ 10874078 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BARRYDOG LTD→ 16919239 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BASSETT GROUP LIMITED→ 02247084 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| BCM ASSETS LTD→ 12878828 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BE&C LTD→ 16269400 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Statusactive
Typeltd
Incorporated2008-02-06
Jurisdictionengland-wales
Primary SIC78109 — Other activities of employment placement agencies
Registered office
Westover Mousehole Lane
Paul
Penzance
Cornwall
TR19 6TY
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-20
Last: 2026-02-06
Officers (2 active · 3 resigned)
HILLS, Daniel→
Activedirector · ~53y · appointed 2015-04-01
View their other companies + combined net worth →
HILLS, Vikki→
Activedirector · ~52y · appointed 2008-02-06
View their other companies + combined net worth →
HILLS, Vikki→
Resignedsecretary · appointed 2008-02-06 · resigned 2014-02-06
FORM 10 SECRETARIES FD LTD→
Resignedcorporate-nominee-secretary · appointed 2008-02-06 · resigned 2008-02-07
FORM 10 DIRECTORS FD LTD→
Resignedcorporate-nominee-director · appointed 2008-02-06 · resigned 2008-02-07
Click a director name to see their full track record across all companies.
Recent filings (54 total)
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-05-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-05-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-09
move-registers-to-sail-company-with-new-address
address · AD03
2022-02-03
change-sail-address-company-with-new-address
address · AD02
2022-02-02