BERING TIME LIMITED

🌳Matureactive
07749315 · ltd · incorporated 2011-08-23
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.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£-193.4k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Agents specialised in the sale of other particular products
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 70/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 78). Share purchase looks the cleaner deal structure. 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 (73/100).

Data confidence

Overall: high (80/100)

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
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
62 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £193,382
Cash YoY
+61%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£17k
↑ 61% YoY
Net Worth
-£193k
↑ 1.3% YoY
Current Assets
£23k
↑ 7.2% YoY
Current Liabilities
-£196k-£152k-£108k-£64k-£21k£23kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£-193.4k£-196.0k
Current assets£23.2k£21.7k
Cash£17.2k£10.7k
Debtors£6.1k£11.0k
Net assets£-193.4k£-196.0k

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
1
filing
  • 1 officers
Last 180 days
1
filing
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-04-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-04-09
    KAERSKOV, Rene Gross resigned
    director
  3. 2025-09-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2024-09-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2023-09-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2022-09-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2021-10-05
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  8. 2021-10-05
    📄
    legacy
    accounts · PARENT_ACC
  9. 2021-10-05
    📄
    legacy
    other · GUARANTEE2
  10. 2021-10-05
    📄
    legacy
    other · AGREEMENT2
  11. 2020-08-19
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  12. 2020-08-19
    📄
    legacy
    accounts · PARENT_ACC
  13. 2020-08-19
    📄
    legacy
    other · GUARANTEE2
  14. 2020-08-19
    📄
    legacy
    other · AGREEMENT2
  15. 2019-09-23
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  16. 2019-09-23
    📄
    legacy
    accounts · PARENT_ACC
  17. 2019-09-23
    📄
    legacy
    other · AGREEMENT2
  18. 2019-09-23
    📄
    legacy
    other · GUARANTEE2
  19. 2019-05-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2019-05-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2019-05-28
    SKJOENNEMANN, Lars resigned
    director
  22. 2019-04-01
    JOHANSEN, Michael Witt appointed
    director
  23. 2016-06-13
    LATHAM, Ian Alfred appointed
    director
  24. 2016-04-21
    MOLLER, Henrik Leth resigned
    director
  25. 2011-08-23
    🏢
    Company incorporated
    As BERING TIME LIMITED
  26. 2011-08-23
    KAERSKOV, Rene Gross appointed
    director
  27. 2011-08-23
    MOLLER, Henrik Leth appointed
    director
  28. 2011-08-23
    SKJOENNEMANN, Lars 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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 78 — succession pressure is live.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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: 2026-04-07

Group structure

Bering Group Aps is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Bering Group Aps
Corporate parent · holds 75-100% shares
ultimate parent
BERING TIME LIMITED
This company · 07749315

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Bering Group Aps
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

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 →

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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
Incorporated2011-08-23
Jurisdictionengland-wales
Primary SIC46180 — Agents specialised in the sale of other particular products

Registered office

4 Old Market Place
Ripon
North Yorkshire
HG4 1EQ
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-04-07OVERDUE
Last: 2025-03-24

Officers (2 active · 3 resigned)

JOHANSEN, Michael Witt
director · ~59y · appointed 2019-04-01
View their other companies + combined net worth →
Active
LATHAM, Ian Alfred
director · ~78y · appointed 2016-06-13
View their other companies + combined net worth →
Active
KAERSKOV, Rene Gross
director · ~60y · appointed 2011-08-23 · resigned 2026-04-09
Resigned
MOLLER, Henrik Leth
director · ~56y · appointed 2011-08-23 · resigned 2016-04-21
Resigned
SKJOENNEMANN, Lars
director · ~55y · appointed 2011-08-23 · resigned 2019-05-28
Resigned

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

Recent filings (62 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-04-10
accounts-with-accounts-type-small
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-08
accounts-with-accounts-type-small
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-03
accounts-with-accounts-type-small
accounts · AA
2023-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-31
accounts-with-accounts-type-small
accounts · AA
2022-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-01
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2021-10-05
legacy
accounts · PARENT_ACC
2021-10-05
legacy
other · GUARANTEE2
2021-10-05
legacy
other · AGREEMENT2
2021-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-12
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2020-08-19