BAKERY SPARES LTD
🌳Matureactive
09816632 · ltd · incorporated 2015-10-08
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2025
Net worth
£26.6k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 28930
Sector: Manufacturing
Investor take
PursueAsset-holding vehicle with a 65-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
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
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
Network not yet resolved
30
Filing history
24 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £26,619
Net assets shrinking
Down £4,209 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£27k
↓ 14% YoY
Current Assets
£68k
↓ 7.4% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-10-31 | 2024-10-31 |
|---|---|---|
| Total assets | £39.2k | £45.1k |
| Current assets | £68.1k | £73.5k |
| Net assets | £26.6k | £30.8k |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2025-12-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-02-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-31📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-03-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-06-24📄change-person-director-company-with-change-dateofficers · CH01
- 2022-01-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-05-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-02-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2015-10-08🏢Company incorporatedAs BAKERY SPARES LTD
- 2015-10-08➕CLAPSHAW, Joanne Karen appointeddirector
- 2015-10-08➕CLAPSHAW, Victor Anthony appointeddirector
- 2015-10-08📄incorporation-companyincorporation · NEWINC
Owner dependency
86/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 65 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
61/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Joanne Clapshaw Individual · British · DOB 08/1996 · age 30 | 25–50% | — | 25-50% shares | 31/01/2024 |
Mr Victor Anthony Clapshaw Individual · English · DOB 10/1961 · age 65 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 07/10/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
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| ATKINSONS FENCING AND DECKING CENTRES LIMITED→ 05301959 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ATTENDS HEALTHCARE LIMITED→ 06302122 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| AU GOLD BEDS LTD→ 12997499 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| B.B.R. GRAPHIC ENGINEERS (YORKSHIRE) LIMITED→ 01728112 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
| BAHSON COLOUR PRINT LIMITED→ 03290770 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| BATLEY BEDS LTD→ 16855276 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BATLEY FABRICATIONS LIMITED→ 07223072 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| BATLEY MOULDS LTD→ 06925054 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| BBP MARKETING LIMITED→ 05453833 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| BEAUMONT CERAMICS LIMITED→ 11007928 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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.
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See pricing →Company details
Statusactive
Typeltd
Incorporated2015-10-08
Jurisdictionengland-wales
Primary SIC28930 — SIC 28930
Registered office
26 The Russets
Wakefield
WF2 6JF
United Kingdom
Filing status
Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-10-21
Last: 2025-10-07
Officers (2 active · 0 resigned)
CLAPSHAW, Joanne Karen→
Activedirector · ~60y · appointed 2015-10-08
View their other companies + combined net worth →
CLAPSHAW, Victor Anthony→
Activedirector · ~65y · appointed 2015-10-08
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (24 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-11
change-person-director-company-with-change-date
officers · CH01
2022-06-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-15
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-09