BAHATI19 LIMITED
💤Zombieactive
08009072 · ltd · incorporated 2012-03-28
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 Mar 2025
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: SIC 46460
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 85/100. 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: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
7 live charges · 2 lenders · oldest 13.7y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 13.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 200 | -400 |
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
2
filings
- • 2 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-03-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-26🔓Charge satisfied #7
- 2024-03-26🔓Charge satisfied #6
- 2024-03-26🔓Charge satisfied #5
- 2024-03-26🔓Charge satisfied #4
- 2024-03-26🔓Charge satisfied #3
- 2024-03-26🔓Charge satisfied #2
- 2023-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-08-19📄mortgage-charge-part-both-with-charge-numbermortgage · MR05
- 2021-08-19🔓Charge satisfied #1
- 2021-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-06🔒Charge registered #7Lender: Santander UK PLC
- 2018-05-18🔒Charge registered #6Lender: Santander UK PLC
- 2018-05-18🔒Charge registered #5Lender: Santander UK PLC
- 2016-10-07🔒Charge registered #4Lender: Santander UK PLC
- 2016-10-07🔒Charge registered #3Lender: Santander UK PLC
- 2012-11-05🔒Charge registered #2Lender: Santander UK PLC (As Security Trustee)
- 2012-11-05🔒Charge registered #1Lender: Santander UK PLC (As Security Trustee)
- 2012-03-28🏢Company incorporatedAs BAHATI19 LIMITED
- 2012-03-28➕PANCHMATIA, Hettal appointeddirector
- 2012-03-28➕DMCS SECRETARIES LIMITED appointedcorporate-secretary
- 2012-03-28➖DMCS SECRETARIES LIMITED resignedcorporate-secretary
- 2012-03-28➕MILES, Dudley Robert Alexander appointeddirector
- 2012-03-28➖MILES, Dudley Robert Alexander resigneddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalMultiple 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
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 |
|---|---|---|---|---|
Ms Hetal Praful Panchmatia Individual · British · DOB 08/1979 · age 47 | 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.
Similar companies
Active · Wholesale & distribution · EX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & E FUEL SUPPLIES LTD→ 11467550 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ASTER DESIGN LIMITED→ 14132618 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ATKINS AUCTIONS LTD→ 10805365 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ATLANTIC EGGS LTD→ 10999695 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AVGÖRANDE LIMITED→ 14252403 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AVRAME UK LTD→ 15794789 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AXMINSTER CARPETS LIMITED→ 12443969 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AXXORA (UK) LIMITED→ 03033257 · est 1995 · no financials extracted | — | — | — | — | 31y | — | — |
| B & R MACHINERY LIMITED→ 16624881 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BARTON BLOCK & STONE LIMITED→ 03022174 · est 1995 · no financials extracted | — | — | — | — | 31y | — | — |
| BARTON PHARMACY LIMITED→ 01029790 · est 1971 · no financials extracted | — | — | — | — | 54y | — | — |
| BARTON, REED AND CO LIMITED→ 04223705 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
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
Incorporated2012-03-28
Jurisdictionengland-wales
Primary SIC46460 — SIC 46460
Registered office
40 Ellacott Road
Matford
Exeter
EX2 0AQ
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-22
Last: 2026-04-08
Officers (1 active · 2 resigned)
PANCHMATIA, Hettal→
Activedirector · ~47y · appointed 2012-03-28
View their other companies + combined net worth →
DMCS SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2012-03-28 · resigned 2012-03-28
MILES, Dudley Robert Alexander→
Resigneddirector · ~79y · appointed 2012-03-28 · resigned 2012-03-28
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
0
Outstanding
0
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Santander Santander UK PLC | A registered charge | — | 06/11/2018 | 26/03/2024 | |
| satisfied | Santander Santander UK PLC | A registered charge | 1 property | 18/05/2018 | 26/03/2024 | |
| satisfied | Santander Santander UK PLC | A registered charge | — | 18/05/2018 | 26/03/2024 | |
| satisfied | Santander Santander UK PLC | A registered charge | — | 07/10/2016 | 26/03/2024 | |
| satisfied | Santander Santander UK PLC | A registered charge | 1 property | 07/10/2016 | 26/03/2024 | |
| satisfied | Santander Santander UK PLC (As Security Trustee) | Debenture | 1 property | 05/11/2012 | 26/03/2024 | |
| satisfied | Santander Santander UK PLC (As Security Trustee) | Legal charge | 1 property | 05/11/2012 | 19/08/2021 |
Recent filings (53 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-28
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-26
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-26
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-26
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-26
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-26
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-06