BSW PALLET SUPPLIES LTD

💤Zombieactive
08544827 · ltd · incorporated 2013-05-24
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 May 2025
Net worth
£100
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Special-situation opportunity
Distressed manufacturing with salvageable qualities — special-situations priority.

Opportunity 64/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

Data confidence

Overall: medium (78/100)

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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 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
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
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
Positive net assets
Net assets £100

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£100
~ YoY
Current Assets
£100
~ YoY
Current Liabilities
£0£20£40£60£80£100May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£100£100
Current assets£100£100
Net assets£100£100

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-08-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-02-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-01-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-02-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-01-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2018-09-11
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2018-09-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2018-08-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2017-07-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2017-07-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2016-07-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2016-07-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2016-01-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2015-08-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2013-05-24
    🏢
    Company incorporated
    As BSW PALLET SUPPLIES LTD
  18. 2013-05-24
    RITCHIE, Damion James appointed
    director

Owner dependency

80/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 13 years.

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: 2026-06-07

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Damion James Ritchie
Individual · British · DOB 06/1984 · age 42
75100%
75-100% shares06/04/2016

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

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2013-05-24
Jurisdictionengland-wales
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

21 Elizabeth Road
Walsall
WS5 3PF

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-07OVERDUE
Last: 2025-05-24

Officers (1 active · 0 resigned)

RITCHIE, Damion James
director · ~42y · appointed 2013-05-24
View their other companies + combined net worth →
Active

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

Recent filings (35 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-28
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-29
accounts-with-accounts-type-dormant
accounts · AA
2022-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-27
accounts-with-accounts-type-dormant
accounts · AA
2020-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-27
gazette-filings-brought-up-to-date
gazette · DISS40
2018-09-11