FBC (YORKSHIRE) LTD

💤Zombieactive
08885606 · ltd · incorporated 2014-02-11
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 Feb 2025
Net worth
£1.7k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Other sports activities
Sector: Arts, entertainment & recreation
Investor take
Special-situation opportunity
Distressed leisure with salvageable qualities — special-situations priority.

Opportunity 73/100 (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 -66% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · oldest 0.3y

10/100
under pressure

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

  • · Newest facility, 0.3 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
33 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,708
Very low cash
Cash position: £47
Net assets shrinking
Down £102 YoY
Cash draining
Cash down 66% YoY
Cash YoY
-66%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£47
↓ 66% YoY
Net Worth
£2k
↓ 5.6% YoY
Current Assets
£2k
↓ 4.2% YoY
Current Liabilities
£0£444£888£1k£2k£2kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Total assets£1.7k£1.8k
Current assets£2.1k£2.2k
Cash£47£140
Debtors£2.1k£2.1k
Net assets£1.7k£1.8k

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
2
filings
  • 2 mortgage
Last 180 days
3
filings
  • 3 mortgage
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-04-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-04-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2026-04-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2026-03-26
    🔒
    Charge registered #3
    Lender: Atom Bank PLC
  5. 2026-03-26
    🔒
    Charge registered #2
    Lender: Atom Bank PLC
  6. 2026-03-26
    🔒
    Charge registered #1
    Lender: Atom Bank PLC
  7. 2025-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-11-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-02-13
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  10. 2023-04-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-03-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2023-03-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2023-03-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2023-03-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2023-03-24
    BUNCE, Finlay appointed
    director
  16. 2023-03-24
    BUNCE, Giles Anthony John resigned
    director
  17. 2022-05-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2021-03-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2019-08-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2018-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2014-02-11
    🏢
    Company incorporated
    As FBC (YORKSHIRE) LTD
  23. 2014-02-11
    BUNCE, Giles Anthony John appointed
    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

45/100
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.

Red flags

1 med ·
3 new charges in last 12 months
medium

Heavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.

Evidence: 2026-03-26: A registered charge; 2026-03-26: A registered charge; 2026-03-26: A registered charge

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Finlay Bunce
Individual · British · DOB 05/2002 · age 24
75100%
75–100%board control75-100% shares · 75-100% voting · board control24/03/2023
1 historic (ceased) PSC
  • Mr Giles Anthony John Bunceceased 24/03/2023· 75-100% shares · 75-100% voting

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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2014-02-11
Jurisdictionengland-wales
Primary SIC93199 — Other sports activities

Registered office

11 Whinney Lane
Harrogate
North Yorkshire
HG2 9LS

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-11-18
Last: 2025-11-04

Officers (1 active · 1 resigned)

BUNCE, Finlay
director · ~24y · appointed 2023-03-24
View their other companies + combined net worth →
Active
BUNCE, Giles Anthony John
director · ~61y · appointed 2014-02-11 · resigned 2023-03-24
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Atom Bank
Atom Bank PLC
A registered charge3 properties26/03/2026
outstanding
Atom Bank
Atom Bank PLC
A registered charge1 property26/03/2026
outstanding
Atom Bank
Atom Bank PLC
A registered charge1 property26/03/2026
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (33 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-04
certificate-change-of-name-company
change-of-name · CERTNM
2024-02-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-03-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-03-28
appoint-person-director-company-with-name-date
officers · AP01
2023-03-28
termination-director-company-with-name-termination-date
officers · TM01
2023-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-20