BRIGHT IDEAS (SALLY WALKER) LIMITED
💤Zombieactive
06571442 · ltd · incorporated 2008-04-21
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£171.9k
book net assets
Opportunity
68/100
Strong
What this business does
Primary activity: Other retail sale in non-specialised stores
Sector: Wholesale & retail
Investor take
Special-situation opportunityDistressed retail with salvageable qualities — special-situations priority.
Opportunity 68/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · oldest 15.8y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 15.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
47 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £171,925
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£172k
↑ 1.8% YoY
Current Assets
£202k
↑ 2.8% 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 | £171.9k | £168.9k |
| Current assets | £201.8k | £196.4k |
| Net assets | £171.9k | £168.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
2
filings
- • 2 officers
Last 90 days
2
filings
- • 2 officers
Last 180 days
2
filings
- • 2 officers
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-07-09📄change-person-secretary-company-with-change-dateofficers · CH03
- 2026-07-09📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-13📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-12-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-04-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-11-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-04-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-09-24🔒Charge registered #2Lender: Hsbc Bank PLC
- 2010-09-21🔒Charge registered #1Lender: Hsbc Bank PLC
- 2008-04-21🏢Company incorporatedAs BRIGHT IDEAS (SALLY WALKER) LIMITED
- 2008-04-21➕WALKER, Sally appointedsecretary
- 2008-04-21➕WALKER, Sally appointeddirector
Owner dependency
100/100
Critical — business is the founderThe 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.
- +Founder name in company name: Company name contains director surname "WALKER" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +No director turnover: Company is 18 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
63/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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.
Red flags
1 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-05-13
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Sally Walker Individual · British · DOB 04/1974 · age 52 | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Retail · YO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| B&S BEDS LTD→ 16377533 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BNT STORES LTD→ 12274745 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BOX LEATHER LTD→ 15151810 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BRAITHWAITES JEWELLERS LTD→ 14803191 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| BRIDLINGTON BAY SHELLFISH LIMITED→ 13548400 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BRIDLINGTON CARPETS LTD→ 11104857 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BRIDLINGTON COUNTY GARAGES LIMITED→ 00632662 · est 1959 · no financials extracted | — | — | — | — | 66y | — | — |
| BRIDLINGTON HOME FURNISHINGS LIMITED→ 13214151 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BRIGHTHINGS LIMITED→ 15929007 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BRIGHTMINDS LIMITED→ 03619051 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| BRITTCORP DRUMS LTD→ 16730548 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BROCK & BRIAR LTD→ 16024133 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2008-04-21
Jurisdictionengland-wales
Primary SIC47190 — Other retail sale in non-specialised stores
Registered office
William Bradley House 89 York Road
Market Weighton
York
YO43 3EE
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-13OVERDUE
Last: 2025-04-29
Officers (2 active · 0 resigned)
Active
WALKER, Sally→
Activedirector · ~52y · appointed 2008-04-21
View their other companies + combined net worth →
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 24/09/2010 | — | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 21/09/2010 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (47 total)
change-person-secretary-company-with-change-date
officers · CH03
2026-07-09
change-person-director-company-with-change-date
officers · CH01
2026-07-09
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-13
change-person-director-company-with-change-date
officers · CH01
2025-05-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-29