CELTIC FISH AND GAME LIMITED

🌳Matureactive
07614294 · ltd · incorporated 2011-04-26
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 14.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2025
Net worth
£1.85M
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Wholesale of meat and meat products
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 46380Wholesale of other food, including fish, crustaceans and molluscs
Investor take
Special-situation opportunity
Distressed wholesale with salvageable qualities — special-situations priority.

Opportunity 74/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 14.9y

85/100
ready

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

  • · Oldest live charge is 14.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (78/100)

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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (4 active, 5 linked, 5 with DOB)
90
Ownership & PSC
4 active PSC(s) of 5 total, 5 with control declared
90
Director network
Network not yet resolved
30
Filing history
47 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,846,968
Cash YoY
+8%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.5m
↑ 8.0% YoY
Net Worth
£1.8m
↑ 9.4% YoY
Current Assets
£2.2m
↑ 8.3% YoY
Current Liabilities
£0£443k£886k£1.3m£1.8m£2.2mSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-30
Total assets£2.00M£1.79M
Current assets£2.21M£2.04M
Cash£1.49M£1.38M
Debtors£487.4k£436.4k
Net assets£1.85M£1.69M

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
4
filings
  • 1 miscellaneous
  • 1 accounts
  • 1 persons-with-significant-control
Last 90 days
4
filings
  • 1 miscellaneous
  • 1 accounts
  • 1 persons-with-significant-control
Last 180 days
4
filings
  • 1 miscellaneous
  • 1 accounts
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-05-21
    📄
    legacy
    miscellaneous · RPCH01
  2. 2026-05-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2026-05-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2026-04-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2026-03-04
    BULLUS, Geoffrey Leonard George resigned
    director
  6. 2025-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-03-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-02-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2024-02-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-02-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2024-02-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2023-03-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-03-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-05-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-03-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-05-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2019-05-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2019-03-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2011-07-06
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  20. 2011-04-26
    🏢
    Company incorporated
    As CELTIC FISH AND GAME LIMITED
  21. 2011-04-26
    BAINGER, Hannah Claire appointed
    director
  22. 2011-04-26
    BULLUS, Naomi Jane appointed
    director
  23. 2011-04-26
    BULLUS, Sylvia May appointed
    director
  24. 2011-04-26
    PLATT, Emma Kate appointed
    director
  25. 2011-04-26
    BULLUS, Geoffrey Leonard George appointed
    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 15 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

78/100
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 75 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 15 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-10

Shareholders & ownership

4 active beneficial owners · fragmented
NameSharesVoting rightsNature of controlNotified
Mrs Sylvia May Bullus
Individual · British · DOB 05/1951 · age 75
board controlboard control06/04/2016
Miss Naomi Jane Bullus
Individual · British · DOB 01/1981 · age 45
board controlboard control06/04/2016
Mrs Emma Kate Platt
Individual · British · DOB 04/1979 · age 47
board controlboard control06/04/2016
Mrs Hannah Claire Bainger
Individual · British · DOB 09/1987 · age 39
board controlboard control06/04/2016
1 historic (ceased) PSC
  • Mr Geoffrey Leonard George Bullusceased 04/03/2026· board control

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2011-04-26
Jurisdictionengland-wales
Primary SIC46320 — Wholesale of meat and meat products

Registered office

48 Arwenack Street
Falmouth
TR11 3JH

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-05-10OVERDUE
Last: 2025-04-26

Officers (4 active · 1 resigned)

BAINGER, Hannah Claire
director · ~39y · appointed 2011-04-26
View their other companies + combined net worth →
Active
BULLUS, Naomi Jane
director · ~45y · appointed 2011-04-26
View their other companies + combined net worth →
Active
BULLUS, Sylvia May
director · ~75y · appointed 2011-04-26
View their other companies + combined net worth →
Active
PLATT, Emma Kate
director · ~47y · appointed 2011-04-26
View their other companies + combined net worth →
Active
BULLUS, Geoffrey Leonard George
director · ~80y · appointed 2011-04-26 · resigned 2026-03-04
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property06/07/2011
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (47 total)

legacy
miscellaneous · RPCH01
2026-05-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-05-07
termination-director-company-with-name-termination-date
officers · TM01
2026-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-08
change-person-director-company-with-change-date
officers · CH01
2024-02-02
change-person-director-company-with-change-date
officers · CH01
2024-02-02
change-person-director-company-with-change-date
officers · CH01
2024-02-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-04