BASEBID LIMITED

💤Zombieactive
07930310 · ltd · incorporated 2012-01-31
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
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Turnover
year to Nov 2025
Net worth
£-10.9k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: distressed disposal / insolvency (65/100).

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
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
45 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
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £10,889

Key financials

2 years extracted from filed iXBRL accounts
Cash
£4k
Net Worth
-£11k
Current Assets
£12k
Current Liabilities
-£11k-£6k-£2k£3k£8k£12kNov 2024Nov 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-11-302024-11-30
Total assets£69.9k
Current assets£12.1k
Cash£4.4k
Debtors£7.7k
Net assets£-10.9k
Average employees100

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
4
filings
  • 2 gazette
  • 1 confirmation-statement
  • 1 accounts
Last 180 days
4
filings
  • 2 gazette
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-05-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-05-12
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2026-05-06
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2025-08-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-04-04
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2023-06-06
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2022-03-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2021-02-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2021-01-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2020-11-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2019-08-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2018-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-11-08
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  15. 2016-12-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-11-01
    SOWDEN-TAYLOR, Robin resigned
    director
  17. 2016-09-20
    HARRIS, Simon resigned
    director
  18. 2012-03-20
    EDWARDS, David Andrew appointed
    director
  19. 2012-03-20
    HARRIS, Simon appointed
    director
  20. 2012-03-20
    SOWDEN-TAYLOR, Robin appointed
    director
  21. 2012-01-31
    🏢
    Company incorporated
    As BASEBID LIMITED
  22. 2012-01-31
    STEPHENS, Graham Robertson appointed
    director
  23. 2012-01-31
    STEPHENS, Graham Robertson resigned
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

58/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Andrew Edwards
Individual · British · DOB 09/1983 · age 43
75100%
75-100% shares30/01/2017

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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17057744 · est 2026 · no financials extracted
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13729157 · est 2021 · no financials extracted
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15275723 · est 2023 · no financials extracted
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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
Incorporated2012-01-31
Jurisdictionengland-wales
Primary SIC93130 — Fitness facilities

Registered office

Unit 2 24 Norbury Road
Cardiff
CF5 3AU
United Kingdom

Filing status

Accounts
Next due: 2027-08-31
Last made up to: 2025-11-30
Confirmation statement
Next due: 2027-02-14
Last: 2026-01-31

Officers (1 active · 3 resigned)

EDWARDS, David Andrew
director · ~43y · appointed 2012-03-20
View their other companies + combined net worth →
Active
HARRIS, Simon
director · ~65y · appointed 2012-03-20 · resigned 2016-09-20
Resigned
SOWDEN-TAYLOR, Robin
director · ~44y · appointed 2012-03-20 · resigned 2016-11-01
Resigned
STEPHENS, Graham Robertson
director · ~76y · appointed 2012-01-31 · resigned 2012-01-31
Resigned

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

Recent filings (45 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-05-13
gazette-notice-compulsory
gazette · GAZ1
2026-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-01-22