BATHWESTON TWO LTD
💤Zombieactive
07650466 · ltd · incorporated 2011-05-27
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£3
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
PursueActive trading company with a 72-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
7 live charges · 4 lenders · oldest 15.0y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 15.0 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (83/100)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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £3
Very low cash
Cash position: £3
Key financials
2 years extracted from filed iXBRL accountsCash
£3
Net Worth
£3
Current Assets
£3
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £3 | — |
| Current assets | £3 | — |
| Cash | £3 | — |
| Net assets | £3 | — |
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
0
filings
Last 90 days
2
filings
- • 2 mortgage
Last 180 days
5
filings
- • 3 mortgage
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2026-05-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-05-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-05-29🔒Charge registered #7Lender: Atom Bank PLC
- 2026-05-29🔒Charge registered #6Lender: Atom Bank PLC
- 2026-03-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-17🔓Charge satisfied #5
- 2026-02-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-02-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-02-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-02-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-03-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-01-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-07-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-07-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-05-12📄elect-to-keep-the-directors-residential-address-register-information-on-the-public-registerofficers · EH02
- 2017-05-12📄elect-to-keep-the-secretaries-register-information-on-the-public-registerofficers · EH03
- 2017-05-12📄elect-to-keep-the-directors-register-information-on-the-public-registerofficers · EH01
- 2015-09-17🔓Charge satisfied #4
- 2015-09-17🔓Charge satisfied #3
- 2015-09-17🔓Charge satisfied #2
- 2015-09-17🔓Charge satisfied #1
- 2015-08-17🔒Charge registered #5Lender: Lloyds Bank PLC
- 2014-08-15➕LESLIE, Richard Andrew appointeddirector
- 2014-08-15➖CHAPMAN, Nicholas John Fairclough resigneddirector
- 2014-08-15➖CREED, Stuart John resigneddirector
- 2013-12-20🔒Charge registered #4Lender: Santander UK PLC
- 2013-11-20🔒Charge registered #3Lender: Santander UK PLC
- 2013-11-20🔒Charge registered #2Lender: Santander UK PLC
- 2011-07-01🔒Charge registered #1Lender: Santander UK PLC (As Security Trustee)
- 2011-05-27🏢Company incorporatedAs BATHWESTON TWO LTD
- 2011-05-27➕CHAPMAN, Nicholas John Fairclough appointeddirector
- 2011-05-27➕CREED, Stuart John appointeddirector
Owner dependency
90/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 72 — succession pressure is live.
Succession & seller-readiness
90/100
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 72 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 15 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard Andrew Leslie Individual · British · DOB 04/1954 · age 72 | 75–100% | — | 75-100% 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 · Other · BS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AZM PROPERTY MANAGEMENT LIMITED→ 13432974 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| B & C TRAVEL LIMITED→ 15555671 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BACKWELL LIMITED→ 03932560 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| BANWELL GARAGE LIMITED→ 05977903 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| BARANWHEEL COURT MANAGEMENT COMPANY LIMITED→ 04295419 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| BARE COMPETITIONS LTD→ 16141218 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BAROSSA PLACE WEST LIMITED→ 05805323 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| BARTON TRUSTEE LIMITED→ 13068730 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BATTLE CAPS LTD→ 16321620 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BATTRICK CLARK→ LP005471 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| BAWA (MANAGEMENT SERVICES) LIMITED→ 02851097 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| BAYBERRY COLLEGE LIMITED→ 08512580 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2011-05-27
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999
Registered office
Gowran House 56 Broad Street
Chipping Sodbury
Bristol
BS37 6AG
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-04-04
Last: 2026-03-21
Officers (1 active · 2 resigned)
LESLIE, Richard Andrew→
Activedirector · ~72y · appointed 2014-08-15
View their other companies + combined net worth →
CHAPMAN, Nicholas John Fairclough→
Resigneddirector · ~76y · appointed 2011-05-27 · resigned 2014-08-15
CREED, Stuart John→
Resigneddirector · ~76y · appointed 2011-05-27 · resigned 2014-08-15
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
2
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Atom Bank Atom Bank PLC | A registered charge | 1 property | 29/05/2026 | — | |
| outstanding | Atom Bank Atom Bank PLC | A registered charge | 3 properties | 29/05/2026 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 17/08/2015 | 17/03/2026 | |
| satisfied | Santander Santander UK PLC | A registered charge | 1 property | 20/12/2013 | 17/09/2015 | |
| satisfied | Santander Santander UK PLC | A registered charge | 1 property | 20/11/2013 | 17/09/2015 | |
| satisfied | Santander Santander UK PLC | A registered charge | 1 property | 20/11/2013 | 17/09/2015 | |
| satisfied | Santander Santander UK PLC (As Security Trustee) | Legal charge | 1 property | 01/07/2011 | 17/09/2015 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (48 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-05-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-02
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-17
accounts-with-accounts-type-dormant
accounts · AA
2026-02-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-09
accounts-with-accounts-type-dormant
accounts · AA
2025-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-21
accounts-with-accounts-type-dormant
accounts · AA
2023-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-11
accounts-with-accounts-type-dormant
accounts · AA
2023-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-11
accounts-with-accounts-type-dormant
accounts · AA
2022-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-11
accounts-with-accounts-type-dormant
accounts · AA
2021-03-03