7BAGS LTD

💤Zombieactive
10101645 · ltd · incorporated 2016-04-04
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 Mar 2025
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 9.6y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 9.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
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
5 connected companies via shared directors
60
Filing history
28 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
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31

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 (19 events)Click to expand
  1. 2025-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-11-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-12-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-03-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-05-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2020-05-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2019-09-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-08-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-09-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-01-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2017-01-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2017-01-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2016-10-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2016-10-12
    🔒
    Charge registered #2
    Lender: Lloyds Bank PLC
  17. 2016-10-11
    🔒
    Charge registered #1
    Lender: Lloyds Bank PLC
  18. 2016-04-04
    🏢
    Company incorporated
    As 7BAGS LTD
  19. 2016-04-04
    FULLER, Darren Peter appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

50/100
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.
  • 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 Darren Peter Fuller
Individual · British · DOB 05/1971 · age 55
75100%
75–100%board control75-100% shares · 75-100% voting · board control03/04/2017

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
Incorporated2016-04-04
Jurisdictionengland-wales
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

62 Corby Road
Weldon
Corby
Northamptonshire
NN17 3HT

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-04
Last: 2025-05-21

Officers (1 active · 0 resigned)

FULLER, Darren Peter
director · ~55y · appointed 2016-04-04
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property12/10/2016
outstanding
Lloyds Banking Group
Lloyds Bank PLC
A registered charge1 property11/10/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (28 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-25
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-17
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-21
change-person-director-company-with-change-date
officers · CH01
2020-05-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-15