BASSETTS OF HULL LIMITED

🌳Matureactive
06670571 · ltd · incorporated 2008-08-12
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 Aug 2025
Net worth
£-4.0k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: SIC 39000
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (79/100)

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
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
47 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £3,959
Net assets shrinking
Down £3,964 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
£17k
Net Worth
-£4k
↓ 79280% YoY
Current Assets
£66k
↓ 5.3% YoY
Current Liabilities
—
-£4k£11k£25k£40k£55k£69kAug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-31
Total assets£-3.0k£1.1k
Current assets£65.7k£69.4k
Cash£17.5k—
Debtors£48.2k—
Net assets£-4.0k£5

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

🔒Filing-note intelligence

1 signal 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
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-10-22
    ➕
    BASSETT, Bobby appointed
    secretary
  3. 2025-10-22
    ➕
    BASSETT, Bobby appointed
    director
  4. 2025-10-22
    ➕
    BASSETT, Brian David appointed
    director
  5. 2025-10-22
    ➖
    BASSETT, Wendy Sylvia resigned
    secretary
  6. 2025-10-22
    ➖
    BASSETT, Kerry Ann resigned
    director
  7. 2025-10-22
    ➖
    BASSETT, Wendy Sylvia resigned
    director
  8. 2025-10-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2025-10-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2025-10-22
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  11. 2025-10-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2025-10-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2025-10-22
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2025-10-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2025-05-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2024-05-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2023-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2022-05-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2021-05-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2020-05-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2019-05-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  22. 2018-05-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  23. 2008-08-12
    🏢
    Company incorporated
    As BASSETTS OF HULL LIMITED
  24. 2008-08-12
    ➕
    BASSETT, Wendy Sylvia appointed
    secretary
  25. 2008-08-12
    ➕
    BASSETT, Kerry Ann appointed
    director
  26. 2008-08-12
    ➕
    BASSETT, Wendy Sylvia appointed
    director

Owner dependency

89/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "BASSETT" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BASSETT, Wendy Sylvia resigned 2025-10-22; BASSETT, Kerry Ann resigned 2025-10-22; BASSETT, Wendy Sylvia resigned 2025-10-22

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Kerry Ann Bassett
Individual · British · DOB 09/1976 · age 50
25–50%
—25-50% shares12/08/2016
Mrs Wendy Sylvia Bassett
Individual · British · DOB 05/1973 · age 53
25–50%
—25-50% shares12/08/2016

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

🔒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 →

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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
Incorporated2008-08-12
Jurisdictionengland-wales
Primary SIC39000 — SIC 39000

Registered office

173 Fountain Road
Hull
East Yorkshire
HU2 0LJ
United Kingdom

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-09-12
Last: 2025-08-29

Officers (3 active · 3 resigned)

BASSETT, Bobby→
secretary · appointed 2025-10-22
View their other companies + combined net worth →
Active
BASSETT, Bobby→
director · ~56y · appointed 2025-10-22
View their other companies + combined net worth →
Active
BASSETT, Brian David→
director · ~59y · appointed 2025-10-22
View their other companies + combined net worth →
Active
BASSETT, Wendy Sylvia→
secretary · appointed 2008-08-12 · resigned 2025-10-22
Resigned
BASSETT, Kerry Ann→
director · ~50y · appointed 2008-08-12 · resigned 2025-10-22
Resigned
BASSETT, Wendy Sylvia→
director · ~53y · appointed 2008-08-12 · resigned 2025-10-22
Resigned

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

Recent filings (47 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-22
appoint-person-director-company-with-name-date
officers · AP01
2025-10-22
appoint-person-secretary-company-with-name-date
officers · AP03
2025-10-22
appoint-person-director-company-with-name-date
officers · AP01
2025-10-22
termination-director-company-with-name-termination-date
officers · TM01
2025-10-22
termination-secretary-company-with-name-termination-date
officers · TM02
2025-10-22
termination-director-company-with-name-termination-date
officers · TM01
2025-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-14