BASE ELECTRICS LTD

🌳Matureactive

06849849 · ltd · incorporated 2009-03-17

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

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 14.8y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Apr 2025

Net worth

£2.7k

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: SIC 27330

Sector: Manufacturing

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

1 live charge · oldest 14.8y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 14.8 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (81/100)

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

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

3 officers (3 active, 3 linked, 2 with DOB)

Ownership & PSC

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

Director network

9 connected companies via shared directors

Filing history

64 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £2,742

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£3k

~ YoY

Current Assets

£194k

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-04-30	2024-04-30
Total assets	£2.7k	£2.7k
Current assets	£194.4k	£194.4k
Net assets	£2.7k	£2.7k

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 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2025-12-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-01
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-02-05
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-02-05
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-02-05
📄
change-person-secretary-company-with-change-date
officers · CH03
2020-02-05
📄
change-person-director-company-with-change-date
officers · CH01
2020-02-05
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-02-05
📄
change-person-director-company-with-change-date
officers · CH01
2019-08-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-01-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-03-26
📄
change-person-director-company-with-change-date
officers · CH01
2018-03-26
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-03-26
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2011-09-16
🔒
Charge registered #1
Lender: Rbs Invoice Finance Limited
2009-03-17
🏢
Company incorporated
As BASE ELECTRICS LTD
2009-03-17
➕
SMITH, Andrew James appointed
secretary
2009-03-17
➕
SMITH, Andrew James appointed
director
2009-03-17
➕
SMITH, Helen Victoria appointed
director

Owner dependency

76/100

High — earn-out structure required

Material 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 17 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 signal

Multiple 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 17 years.
secondaryStable-but-static management: Company is 17 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
Mr Andrew James Smith Individual · British · DOB 03/1969 · age 57	50–75%	50–75%	50-75% shares · 50-75% voting	06/04/2016
Mrs Helen Victoria Smith Individual · British · DOB 02/1980 · age 46	25–50%	25–50%	25-50% shares · 25-50% voting	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 · PL postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BLACKER SHEEP LIMITED→ 05426960 · est 2005 · no financials extracted	—	—	—	—	20y	—	—
CAVARO DESIGN AND BUILD LTD→ 16785663 · est 2025 · no financials extracted	—	—	—	—	—	—	—
CCS RENEWABLE ENERGIES LTD→ 12052757 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
CE METAL FABRICATIONS LIMITED→ 11589351 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
CHARLESTOWN JOINERY LTD→ 08682766 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
CHARLIE BEAN CARPENTRY LTD→ 16100690 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
CHARLIE FOSTER CARPENTRY & ROOFING LTD→ 13157813 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
CHELSEY ROSE KITCHENS & BEDROOMS LIMITED→ 14827842 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
CHROMACON HOLDINGS LIMITED→ 11815462 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
CHROMACON UK LIMITED→ 11740341 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
CHURCHMILL ENGINEERING LIMITED→ 07263480 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
CHX PRODUCTS LIMITED→ 03308563 · est 1997 · no financials extracted	—	—	—	—	29y	—	—

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

Incorporated2009-03-17

Jurisdictionengland-wales

Primary SIC27330 — SIC 27330

Registered office

7 Sandy Court Ashleigh Way

Plympton

Plymouth

PL7 5JX

England

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2027-03-17

Last: 2026-03-03

Officers (3 active · 0 resigned)

SMITH, Andrew James→

secretary · appointed 2009-03-17

View their other companies + combined net worth →

Active

SMITH, Andrew James→

director · ~57y · appointed 2009-03-17

View their other companies + combined net worth →

Active

SMITH, Helen Victoria→

director · ~46y · appointed 2009-03-17

View their other companies + combined net worth →

Active

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	NatWest Group Rbs Invoice Finance Limited	All assets debenture	1 property	16/09/2011	—

Click column headers to sort. Use filters above to narrow by status and lender.