BAFIMA LIMITED

💤Zombieactive
09009937 · ltd · incorporated 2014-04-24
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
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£-1.1k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: SIC 39000
Sector: Water supply & waste
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
  • 70229Management consultancy activities other than financial management
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (strong), bankability 75/100. 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 -46% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 3 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
3 officers (1 active, 3 linked, 1 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £1,079
Cash draining
Cash down 46% YoY
Cash YoY
-46%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£169k
↓ 46% YoY
Net Worth
-£1k
↓ 200% YoY
Current Assets
£169k
↓ 46% YoY
Current Liabilities
—
-£1k£62k£125k£188k£251k£315kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Total assets£-1.1k£-360
Current assets£168.8k£314.5k
Cash£168.8k£314.5k
Net assets£-1.1k£-360

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
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-09-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2021-01-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-01-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-01-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-11-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-05-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2016-12-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2016-10-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-04-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2016-01-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-06-10
    ➖
    CORPORATE SECRETARIES LIMITED resigned
    corporate-secretary
  17. 2014-04-24
    🏢
    Company incorporated
    As BAFIMA LIMITED
  18. 2014-04-24
    ➕
    WESTMORELAND, Lori Margaret appointed
    director
  19. 2014-04-24
    ➕
    CORPORATE SECRETARIES LIMITED appointed
    corporate-secretary
  20. 2014-04-24
    ➕
    CORPORATE DIRECTORS LIMITED appointed
    corporate-director
  21. 2014-04-24
    ➖
    CORPORATE DIRECTORS LIMITED resigned
    corporate-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

58/100
Strong succession signal

Multiple 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Richard Vomastek
Individual · Czech · DOB 12/1971 · age 55
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

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
Incorporated2014-04-24
Jurisdictionengland-wales
Primary SIC39000 — SIC 39000

Registered office

Elscot House
Arcadia Avenue
Finchley
London
N3 2JU
United Kingdom

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-05-08
Last: 2026-04-24

Officers (1 active · 2 resigned)

WESTMORELAND, Lori Margaret→
director · ~34y · appointed 2014-04-24
View their other companies + combined net worth →
Active
CORPORATE SECRETARIES LIMITED→
corporate-secretary · appointed 2014-04-24 · resigned 2015-06-10
Resigned
CORPORATE DIRECTORS LIMITED→
corporate-director · appointed 2014-04-24 · resigned 2014-04-24
Resigned

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

Recent filings (31 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-16
change-person-director-company-with-change-date
officers · CH01
2021-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-06