BAT 2 LIMITED
🌳Matureactive
07069458 · ltd · incorporated 2009-11-08
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 14.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 46760
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 75-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 75). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 14.5y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 14.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · 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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 4 with DOB)
90
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
55 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-29 | 2024-01-29 |
|---|---|---|
| Average employees | 700 | 700 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2025-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-11-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-10-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-03-03🔓Charge satisfied #1
- 2021-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-21📄change-person-director-company-with-change-dateofficers · CH01
- 2021-09-21📄change-person-director-company-with-change-dateofficers · CH01
- 2020-10-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-11-03📄accounts-with-accounts-type-smallaccounts · AA
- 2015-08-07🔒Charge registered #2Lender: Hsbc Bank PLC
- 2011-12-20🔒Charge registered #1Lender: Batesons Hotels (1958) Limited
- 2010-07-19➕WALTERS, Robert John Passey appointeddirector
- 2009-11-09➖HURWORTH, Aderyn resigneddirector
- 2009-11-08🏢Company incorporatedAs BAT 2 LIMITED
- 2009-11-08➕BATESON, David Brunton appointeddirector
- 2009-11-08➕BATESON, Teresa Maria appointeddirector
- 2009-11-08➕HURWORTH, Aderyn appointeddirector
Owner dependency
83/100
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
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 75 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
83/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
- 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
D & Tb Holdings Limited holds majority control (50-75%). Likely parent but not wholly-owned.
🏛️majority
D & Tb Holdings Limited
Corporate parent · holds 50-75% shares
⬇
BAT 2 LIMITED
This company · 07069458
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
D & Tb Holdings Limited Corporate entity | 50–75% | — | 50-75% shares | 03/11/2022 |
Mr Robert John Passey Walters Individual · British · DOB 08/1957 · age 69 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr David Brunton Bateson Individual · British · DOB 04/1951 · age 75 | — | — | sig. influencesignificant influence | 06/04/2016 |
1 historic (ceased) PSC
- Batesons Hotels (1958) Limitedceased 03/11/2022· 50-75% shares · 50-75% voting
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
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|---|---|---|---|---|---|---|---|
| A&G LABORATORY AND MEDICAL SUPPLIES LTD→ 17002661 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ACE 365 IT LIMITED→ 14740705 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AEB EUROPE LTD→ 16280902 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AGRI EVOLVE LTD→ 09250524 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ATKD CONSULTING LTD→ 13243559 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ATLANTIC FISHER LIMITED→ 14175065 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AXIS MACHINES LTD→ 12674664 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BASILWORTH LIMITED→ 16234145 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BATTYS DISCOUNT DRINKS STORE LIMITED→ 04506872 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| BAY PALLETS LTD→ 08994703 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| BAYDREAMERS LTD→ 13637269 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BBUYUK.COM LTD→ 17015856 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2009-11-08
Jurisdictionengland-wales
Primary SIC46760 — SIC 46760
Registered office
Lake Coast And Dale Leisure
Scotland Road
Carnforth
Lancashire
LA5 9RF
Filing status
Accounts
Next due: 2026-10-29
Last made up to: 2025-01-29
Confirmation statement
Next due: 2026-11-22
Last: 2025-11-08
Officers (3 active · 1 resigned)
BATESON, David Brunton→
Activedirector · ~75y · appointed 2009-11-08
View their other companies + combined net worth →
BATESON, Teresa Maria→
Activedirector · ~72y · appointed 2009-11-08
View their other companies + combined net worth →
WALTERS, Robert John Passey→
Activedirector · ~69y · appointed 2010-07-19
View their other companies + combined net worth →
HURWORTH, Aderyn→
Resigneddirector · ~52y · appointed 2009-11-08 · resigned 2009-11-09
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 07/08/2015 | — | |
| satisfied | Batesons Hotels (1958) Batesons Hotels (1958) Limited | Debenture | 1 property | 20/12/2011 | 03/03/2022 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (55 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-11-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-11-23
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-06
mortgage-satisfy-charge-full
mortgage · MR04
2022-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-22
change-person-director-company-with-change-date
officers · CH01
2021-09-21
change-person-director-company-with-change-date
officers · CH01
2021-09-21