BIKECO LTD

🌳Matureactive
09066492 · ltd · incorporated 2014-06-02
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 Jun 2025
Net worth
£-81.0k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 47640
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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
Confirmed no charges registered
85
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
2 connected companies via shared directors
51
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £81,027

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£81k
~ YoY
Current Assets
£2k
↑ 3.8% YoY
Current Liabilities
-£81k-£65k-£48k-£31k-£14k£2kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£-21.0k£-19.2k
Current assets£2.3k£2.2k
Net assets£-81.0k£-81.3k

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
3
filings
  • 2 persons-with-significant-control
  • 1 confirmation-statement
Last 180 days
4
filings
  • 2 persons-with-significant-control
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-06-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-06-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2026-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2025-01-14
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  6. 2025-01-14
    📍
    change-sail-address-company-with-new-address
    address · AD02
  7. 2025-01-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2025-01-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2025-01-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2025-01-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2024-10-16
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  12. 2024-09-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2024-04-09
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  14. 2024-04-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2023-09-09
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  16. 2023-08-22
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  17. 2023-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2022-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2021-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2014-06-02
    🏢
    Company incorporated
    As BIKECO LTD
  21. 2014-06-02
    MILLS, Stephen Timothy appointed
    director
  22. 2014-06-02
    TOD, David Peter appointed
    director

Owner dependency

71/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

59/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Stephen Timothy Mills
Individual · British · DOB 09/1968 · age 58
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mr David Peter Tod
Individual · British · DOB 06/1970 · age 56
2550%
25–50%board control25-50% shares · 25-50% 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

6 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
Incorporated2014-06-02
Jurisdictionengland-wales
Primary SIC47640 — SIC 47640

Registered office

(C/O Charlton Baker) 7-7c
Snuff Street
Devizes
SN10 1DU
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-06-16
Last: 2026-06-02

Officers (2 active · 0 resigned)

MILLS, Stephen Timothy
director · ~58y · appointed 2014-06-02
View their other companies + combined net worth →
Active
TOD, David Peter
director · ~56y · appointed 2014-06-02
View their other companies + combined net worth →
Active

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

Recent filings (38 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-06-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-08
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-31
move-registers-to-sail-company-with-new-address
address · AD03
2025-01-14
change-sail-address-company-with-new-address
address · AD02
2025-01-14
gazette-filings-brought-up-to-date
gazette · DISS40
2025-01-14
change-person-director-company-with-change-date
officers · CH01
2025-01-13
change-person-director-company-with-change-date
officers · CH01
2025-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-13
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-10-16