BAAVET CYF

🌳Matureactive

06915653 · ltd · incorporated 2009-05-26

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 May 2025

Net worth

£170.9k

book net assets

Opportunity

81/100

Exceptional

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What this business does

Primary activity: Wholesale of textiles

Sector: Wholesale & retail

ALSO REGISTERED FOR

47510SIC 47510

Investor take

Pursue

Asset-holding vehicle with a 81-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 81). 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, 2 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

8 officers (5 active, 8 linked, 7 with DOB)

Ownership & PSC

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

Director network

2 connected companies via shared directors

Filing history

61 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

81/100Exceptional

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 · accounting standard not declared

Positive net assets

Net assets £170,861

Cash YoY

-26%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£120k

↓ 26% YoY

Net Worth

£171k

↑ 6.1% YoY

Current Assets

£200k

↓ 15% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-05-31	2024-05-31
Total assets	£504.1k	£579.3k
Current assets	£200.4k	£236.9k
Cash	£120.4k	£161.7k
Debtors	£25.8k	£22.5k
Net assets	£170.9k	£161.1k

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

filings

Counts from Companies House filing history.

Corporate timeline (31 events)Click to expand

2025-12-08
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-08
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-08
📄
change-person-director-company-with-change-date
officers · CH01
2025-12-08
📄
change-person-director-company-with-change-date
officers · CH01
2025-12-08
📄
change-person-director-company-with-change-date
officers · CH01
2025-12-08
📄
change-person-director-company-with-change-date
officers · CH01
2025-12-08
📄
change-person-secretary-company-with-change-date
officers · CH03
2025-12-08
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-21
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-24
➖
DICKIE, Jamie Robert resigned
director
2025-10-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-09-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-09-08
➕
HUGHES, Alan Liam appointed
director
2025-01-27
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-01-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-01-24
➕
ROBERTS, Elliw Rees appointed
director
2025-01-24
➖
JAKEMAN, Joshua Stephen resigned
director
2024-09-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-10
➕
DICKIE, Jamie Robert appointed
director
2020-09-10
➕
JAKEMAN, Joshua Stephen appointed
director
2009-05-26
🏢
Company incorporated
As BAAVET CYF
2009-05-26
➕
PAYNE, Lesley Anne appointed
secretary
2009-05-26
➕
PAYNE, Lesley Anne appointed
director
2009-05-26
➕
PAYNE, Roger Jack appointed
director
2009-05-26
➕
EVANS, Rhys appointed
director
2009-05-26
➖
EVANS, Rhys resigned
director

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 81 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

73/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 17 years.
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 Lesley Anne Payne Individual · British · DOB 08/1968 · age 58	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mr Roger Jack Payne Individual · British · DOB 01/1945 · age 81	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 · Wholesale & distribution · LL postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A & B AIR SYSTEMS LIMITED→ 03228121 · est 1996 · no financials extracted	—	—	—	—	29y	—	—
ABACUS FURNITURE FITTINGS LIMITED→ 03105007 · est 1995 · no financials extracted	—	—	—	—	30y	—	—
ANGLESEY SOAP LTD→ 12271736 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
AYAT FATIMA LTD→ 16384218 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
BEA ITALIA CYF→ 12753477 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
BMDA LTD→ 14987011 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
BOOTPAC LTD→ 12897115 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
BOUNCE BRANDS LIMITED→ 12029803 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
BREWSER LTD→ 13221718 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
BRIGHT YOUNG SKINS AESTHETICS AND WELLBEING LIMITED→ 07814724 · est 2011 · no financials extracted	—	—	—	—	14y	—	—
BRIGHTVIEW WINDOWS SUPPLIERS LTD→ 16082585 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
BRYN ALCO LTD→ 16034970 · est 2024 · no financials extracted	—	—	—	—	1y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2009-05-26

Jurisdictionwales

Primary SIC46410 — Wholesale of textiles

Registered office

Baavet Cyf

High Street

Porthmadog

Gwynedd

LL49 9NU

Wales

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2026-12-04

Last: 2025-11-20