BATES BOATYARD LIMITED

🌳Matureactive
07915074 · ltd · incorporated 2012-01-18
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 Jan 2025
Net worth
£57.6k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 33150
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -75% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 11.2y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 11.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £57,639
Net assets shrinking
Down £3,366 YoY
Cash draining
Cash down 75% YoY
Cash YoY
-75%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
↓ 75% YoY
Net Worth
£58k
↓ 5.5% YoY
Current Assets
£17k
↑ 2.3% YoY
Current Liabilities
—
£0£12k£24k£37k£49k£61kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Total assets£72.6k£77.0k
Current assets£16.9k£16.5k
Cash£2.0k£8.1k
Debtors£3.5k£4.1k
Net assets£57.6k£61.0k

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
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-10-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2021-05-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2021-05-11
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2020-11-05
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2019-10-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2019-03-18
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  11. 2018-10-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2018-03-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2018-03-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2017-10-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-10-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2017-10-01
    ➕
    BATES, Lisa appointed
    director
  17. 2015-04-29
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  18. 2012-01-18
    🏢
    Company incorporated
    As BATES BOATYARD LIMITED
  19. 2012-01-18
    ➕
    BATES, Lisa appointed
    secretary
  20. 2012-01-18
    ➕
    BATES, Jeremy Charles appointed
    director

Owner dependency

89/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "BATES" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

59/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 14 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
NameSharesVoting rightsNature of controlNotified
Mrs Lisa Bates
Individual · British · DOB 07/1985 · age 41
25–50%
—25-50% shares01/10/2017
Mr Jeremy Charles Bates
Individual · British · DOB 06/1967 · age 59
25–50%
—25-50% shares18/01/2017

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

6 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
Incorporated2012-01-18
Jurisdictionengland-wales
Primary SIC33150 — SIC 33150

Registered office

The Counting House
High Street
Tring
Herts
HP23 5TE

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-01
Last: 2026-01-18

Officers (3 active · 0 resigned)

BATES, Lisa→
secretary · appointed 2012-01-18
View their other companies + combined net worth →
Active
BATES, Jeremy Charles→
director · ~59y · appointed 2012-01-18
View their other companies + combined net worth →
Active
BATES, Lisa→
director · ~41y · appointed 2017-10-01
View their other companies + combined net worth →
Active

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
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—29/04/2015—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (35 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-10-28
gazette-filings-brought-up-to-date
gazette · DISS40
2021-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-11
gazette-notice-compulsory
gazette · GAZ1
2021-05-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-11-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-13