BRADLEY PAPER CONVERTERS LIMITED
💤Zombieactive
08907000 · ltd · incorporated 2014-02-21
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
£-9.3k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 17290
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 72/100 (strong), bankability 77/100. 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: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 11.4y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 11.4 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · 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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £9,299
Net assets shrinking
Down £56,456 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£9k
↓ 120% YoY
Current Assets
£259k
↑ 3.6% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Total assets | £71.2k | £127.2k |
| Current assets | £258.9k | £249.9k |
| Net assets | £-9.3k | £47.2k |
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
5
filings
- • 2 officers
- • 1 persons-with-significant-control
- • 1 address
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2026-04-27📄change-person-director-company-with-change-dateofficers · CH01
- 2026-04-25📄change-person-secretary-company-with-change-dateofficers · CH03
- 2026-04-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-09✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2022-04-29✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2022-03-07📄capital-allotment-sharescapital · SH01
- 2021-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-08📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2020-12-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-12-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-06-25📄change-person-director-company-with-change-dateofficers · CH01
- 2020-06-25📄change-person-director-company-with-change-dateofficers · CH01
- 2019-03-12🔓Charge satisfied #3
- 2019-01-26➕BRADLEY, Chloe appointedsecretary
- 2017-08-16🔓Charge satisfied #2
- 2017-07-20🔒Charge registered #3Lender: Ashley Commercial Finance Limited
- 2017-07-10🔓Charge satisfied #1
- 2017-01-09➖BRADLEY, Paul resignedsecretary
- 2017-01-09➖BRADLEY, Paul resigneddirector
- 2016-07-20🔒Charge registered #2Lender: Rbs Invoice Finance Limited
- 2015-02-26🔒Charge registered #1Lender: Skipton Business Finance LTD
- 2014-02-21🏢Company incorporatedAs BRADLEY PAPER CONVERTERS LIMITED
- 2014-02-21➕BRADLEY, Simon appointeddirector
- 2014-02-21➕BRADLEY, Paul appointedsecretary
- 2014-02-21➕BRADLEY, Paul appointeddirector
Owner dependency
90/100
Critical — business is the founderThe 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.
- +Founder name in company name: Company name contains director surname "BRADLEY" — strong identity link between founder and business.
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 12 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 |
|---|---|---|---|---|
Mr Simon Bradley Individual · British · DOB 05/1980 · age 46 | 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.
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|---|---|---|---|---|---|---|---|
| AYCLIFFE FABRICATIONS LIMITED→ 04310888 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| BAHN SPORTIVE LTD.→ 15340415 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BDE SOLUTIONS LTD→ 16495969 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BLACKMARK COMPONENTS LTD→ 16679366 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BLAMIRE PRINTERS LIMITED→ 02066977 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| BLOOCHIP TOOL ROOM SERVICES LTD→ 15883826 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BLUE DIAMOND ENGINEERING LIMITED→ 02090988 · est 1987 · no financials extracted | — | — | — | — | 39y | — | — |
| BLUE ELEVATE LTD→ 16284275 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BMS OVERSEAS LIMITED→ 04484979 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| BOROLEIGH LIMITED→ 16429082 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BOTANIBABY LIMITED→ 16478983 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BRANCEPETH ENGINEERING LIMITED→ 05446726 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
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
Incorporated2014-02-21
Jurisdictionengland-wales
Primary SIC17290 — SIC 17290
Registered office
Unit 8 Northfield Way
Newton Aycliffe
Durham
DL5 6EJ
England
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-07
Last: 2026-02-21
Officers (2 active · 2 resigned)
Active
BRADLEY, Simon→
Activedirector · ~46y · appointed 2014-02-21
View their other companies + combined net worth →
BRADLEY, Paul→
Resignedsecretary · appointed 2014-02-21 · resigned 2017-01-09
BRADLEY, Paul→
Resigneddirector · ~73y · appointed 2014-02-21 · resigned 2017-01-09
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Ashley Commercial Finance Ashley Commercial Finance Limited | A registered charge | — | 20/07/2017 | 12/03/2019 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | A registered charge | — | 20/07/2016 | 16/08/2017 | |
| satisfied | Skipton Business Finance Skipton Business Finance LTD | A registered charge | 1 property | 26/02/2015 | 10/07/2017 |
Recent filings (49 total)
change-person-director-company-with-change-date
officers · CH01
2026-04-27
change-person-secretary-company-with-change-date
officers · CH03
2026-04-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-25
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-28
certificate-change-of-name-company
change-of-name · CERTNM
2022-05-09
certificate-change-of-name-company
change-of-name · CERTNM
2022-04-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-07