B B MORTGAGES LTD
🌳Matureactive
08057085 · ltd · incorporated 2012-05-03
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 May 2025
Net worth
£277.2k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 75/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (65/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 11.1y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 11.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (82/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £277,239
Cash YoY
-38%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£140k
↓ 38% YoY
Net Worth
£277k
↑ 39% YoY
Current Assets
£646k
↓ 8.1% YoY
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 | £516.9k | £763.1k |
| Current assets | £645.9k | £702.8k |
| Cash | £140.1k | £224.4k |
| Debtors | £372.3k | £383.0k |
| Net assets | £277.2k | £200.0k |
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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-11-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-02-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-06🔒Charge registered #4Lender: Tsb Bank PLC
- 2023-06-06🔒Charge registered #3Lender: Tsb Bank PLC
- 2023-01-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-07-30🔒Charge registered #2Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
- 2019-10-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-08-08📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-10-02📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-09-05📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2015-04-20🔒Charge registered #1Lender: National Westminster Bank PLC
- 2013-04-01➕CARPENTER, Carly Shantel appointeddirector
- 2012-05-03🏢Company incorporatedAs B B MORTGAGES LTD
- 2012-05-03➕CARPENTER, James Edward appointeddirector
Owner dependency
71/100
High — earn-out structure requiredMaterial 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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
49/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Edward Carpenter Individual · British · DOB 01/1979 · age 47 | 25–50% | — | 25-50% shares | 06/04/2017 |
Mrs Carly Shantel Carpenter Individual · British · DOB 02/1985 · age 41 | 25–50% | — | 25-50% shares | 06/04/2017 |
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 →Similar companies
Active · Financial services · LN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 3D MORTGAGES LTD→ 13225814 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 8013B LIMITED→ 12245974 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ALTERNATIVE COMMERCIAL FINANCE LIMITED→ 08547499 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| AMELIO INVESTMENTS LIMITED→ 15980117 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARC BROKER SERVICES LIMITED→ 11224505 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| BOSTON DIRECT MANAGEMENT UK LTD→ 05464047 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| BOXED MORTGAGES LTD→ 16295489 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CANDID ESTATE PLANNING LTD→ 09911797 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| CANON INDEPENDENT MORTGAGE SERVICES LTD→ 14679738 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CAPITAL DIRECT MANAGEMENT (UK) LIMITED→ 10209493 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CARBONCOIN LIMITED→ 16370769 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CARCONNECT FINANCE LIMITED→ 15985066 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2012-05-03
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified
Registered office
5 High Street
Brant Broughton
Lincoln
LN5 0QX
England
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-06-01
Last: 2026-05-18
Officers (2 active · 0 resigned)
CARPENTER, Carly Shantel→
Activedirector · ~41y · appointed 2013-04-01
View their other companies + combined net worth →
CARPENTER, James Edward→
Activedirector · ~47y · appointed 2012-05-03
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
3
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Tsb Bank PLC | A registered charge | — | 06/06/2023 | — | |
| outstanding | Lloyds Banking Group Tsb Bank PLC | A registered charge | — | 06/06/2023 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) | A registered charge | 2 properties | 30/07/2020 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 20/04/2015 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (43 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-21
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-06-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-15