BREAD AND BUTLER LIMITED

💤Zombieactive
09598876 · ltd · incorporated 2015-05-19
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 May 2025
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: Manufacture of bread; manufacture of fresh pastry goods and cakes
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

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
42 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0May 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

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-02-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-05-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-05-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-05-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-05-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-05-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2024-02-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-10-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-10-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2023-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-05-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2022-05-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2022-04-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2022-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2021-04-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2020-06-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2020-05-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2020-05-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2015-05-19
    🏢
    Company incorporated
    As BREAD AND BUTLER LIMITED
  21. 2015-05-19
    BUTLER, Andrew appointed
    director

Owner dependency

95/100
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.
  • +Founder name in company name: Company name contains director surname "BUTLER" — strong identity link between founder and business.
  • +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-02

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Andrew Butler
Individual · British · DOB 10/1983 · age 43
75100%
75-100% shares06/05/2016

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 →
🔒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
Incorporated2015-05-19
Jurisdictionengland-wales
Primary SIC10710 — Manufacture of bread; manufacture of fresh pastry goods and cakes

Registered office

43 Audley Drive
Kidderminster
Worcestershire
DY11 5NE
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-02OVERDUE
Last: 2025-05-19

Officers (1 active · 0 resigned)

BUTLER, Andrew
director · ~43y · appointed 2015-05-19
View their other companies + combined net worth →
Active

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

Recent filings (42 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-28
change-person-director-company-with-change-date
officers · CH01
2024-05-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-27
change-person-director-company-with-change-date
officers · CH01
2024-05-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-09
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-20