BICOTEST LIMITED

🌳Matureactive

06742276 · ltd · incorporated 2008-11-05

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jul 2025

Net worth

£2

book net assets

Opportunity

80/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 27900

Sector: Manufacturing

Investor take

Pursue

Asset-holding vehicle with a 78-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 78). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

4 connected companies via shared directors

Filing history

36 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £2

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£2

Current Assets

£2

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-07-31	2024-07-31
Total assets	£2	—
Current assets	£2	—
Net assets	£2	—

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (18 events)Click to expand

2026-04-07
📄
accounts-with-accounts-type-dormant
accounts · AA
2025-03-11
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-02-14
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-04-03
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-03-01
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-04-21
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-03-24
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-04-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-03-28
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-04-03
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-03-17
📄
accounts-with-accounts-type-dormant
accounts · AA
2015-11-25
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-02-21
📄
accounts-with-accounts-type-dormant
accounts · AA
2014-12-03
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-04-17
📄
accounts-with-accounts-type-dormant
accounts · AA
2008-11-05
🏢
Company incorporated
As BICOTEST LIMITED
2008-11-05
➕
COCKBURN, Brenda Joyce appointed
director
2008-11-05
➕
COCKBURN, Norman appointed
director

Owner dependency

96/100

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.
+Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 78 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 18 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

89/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
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

clean

No 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
Mrs Brenda Joyce Cockburn Individual · British · DOB 09/1948 · age 78	25–50%	—	25-50% shares	06/04/2016
Mr Norman Cockburn Individual · British · DOB 08/1951 · age 75	25–50%	—	25-50% shares	06/04/2016

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 →

Similar companies

Active · Manufacturing · NR postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A.R.M. MARITIME SERVICES LIMITED→ 09993085 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
BARRIER BIOTECH LIMITED→ 02493312 · est 1990 · no financials extracted	—	—	—	—	35y	—	—
BENITE OIL & GAS SERVICES LIMITED→ 11850048 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
BENNETT AND BROOKS LTD→ 10504636 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
BERKSHIRE ENGINEERING SUPPLIES LIMITED→ 04276771 · est 2001 · no financials extracted	—	—	—	—	24y	—	—
BEST QUALITY STITCH LTD→ 15041830 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
BGX PETROLEUM COMPANY LTD→ 12023717 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
BICCOTEST LIMITED→ 04555883 · est 2002 · no financials extracted	—	—	—	—	23y	—	—
BICOTEST HIGH VOLTAGE PRODUCTS LIMITED→ 04341705 · est 2001 · no financials extracted	—	—	—	—	24y	—	—
BILATERAL BASE LTD→ 11481195 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
BIRCH CONSTRUCTION EA LTD→ 13329593 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
BISUBRO ENERGY CONSULTANTS LTD→ 15412935 · est 2024 · no financials extracted	—	—	—	—	2y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 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

Incorporated2008-11-05

Jurisdictionengland-wales

Primary SIC27900 — SIC 27900

Registered office

24 Beechbank Drive

Thorpe End

Norwich

NR13 5BW

Filing status

Accounts

Next due: 2027-04-30

Last made up to: 2025-07-31

Confirmation statement

Next due: 2026-11-02

Last: 2025-10-19

Officers (2 active · 0 resigned)

COCKBURN, Brenda Joyce→

director · ~78y · appointed 2008-11-05

View their other companies + combined net worth →

Active

COCKBURN, Norman→

director · ~75y · appointed 2008-11-05

View their other companies + combined net worth →

Active

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