BATH CITY APARTMENTS LIMITED
💤Zombieactive
10271887 · ltd · incorporated 2016-07-11
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
71/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68320Management of real estate on a fee or contract basis
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
6 live charges · 3 lenders · oldest 9.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 100 | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals 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 (27 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-02-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-06📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-04-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-12📄gazette-notice-compulsorygazette · GAZ1
- 2023-05-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-05-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-03-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-04➖O'SULLIVAN, Melissa Caroline resigneddirector
- 2022-11-04🔒Charge registered #6Lender: Cumberland Building Society
- 2022-11-04🔒Charge registered #5Lender: Cumberland Building Society
- 2022-11-04🔒Charge registered #4Lender: Cumberland Building Society
- 2022-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-03🔒Charge registered #3Lender: Aib Group (UK) PLC
- 2017-01-06🔒Charge registered #2Lender: Aib Group (UK) P.L.C
- 2017-01-06🔒Charge registered #1Lender: Aib Group (UK) P.L.C
- 2016-07-11🏢Company incorporatedAs BATH CITY APARTMENTS LIMITED
- 2016-07-11➕O'SULLIVAN, Peter Gerard appointeddirector
- 2016-07-11➕O'SULLIVAN, Melissa Caroline appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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
50/100
Moderate signalSome 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
1 low6 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Peter Gerard O'Sullivan Individual · Irish · DOB 04/1973 · age 53 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 11/07/2016 |
1 historic (ceased) PSC
- Mrs Melissa Caroline O'Sullivanceased 04/11/2022· 25-50% shares · 25-50% voting · firm interest
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 →Similar companies
Active · Property · BA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AVALON MOTOR SERVICES LIMITED→ 02297309 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| BAKER PROPERTY RENTALS LIMITED→ 14069559 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BANWELL HOUSE PROPERTY LIMITED→ 11361812 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BASANDRAI PROPERTIES LIMITED→ 13108330 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BASSETT HOLYWELL LTD→ 14012552 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BATH & WEST ENTERPRISES LIMITED→ 02891950 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
| BATH AND WELLS EDUCATION SERVICES LTD→ 08464587 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| BATH COLONNADE PROPERTIES LIMITED(THE)→ 00716057 · est 1962 · no financials extracted | — | — | — | — | 64y | — | — |
| BATH HOSTING LIMITED→ 13991381 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BATH KEYS LTD→ 15419887 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BATH OFFICE CO LTD→ 11999177 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BATH PRESTIGE PROPERTIES LIMITED→ 11090768 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated2016-07-11
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
Haringtons
8-10 Queen Street
Bath
BA1 1HE
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-26
Last: 2025-09-12
Officers (1 active · 1 resigned)
O'SULLIVAN, Peter Gerard→
Activedirector · ~53y · appointed 2016-07-11
View their other companies + combined net worth →
O'SULLIVAN, Melissa Caroline→
Resigneddirector · ~50y · appointed 2016-07-11 · resigned 2022-11-04
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
6
Outstanding
3
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Cumberland Building Society | A registered charge | 4 properties | 04/11/2022 | — | |
| outstanding | Cumberland Building Society | A registered charge | 1 property | 04/11/2022 | — | |
| outstanding | Cumberland Building Society | A registered charge | 1 property | 04/11/2022 | — | |
| outstanding | Aib Group (UK) Aib Group (UK) PLC | A registered charge | 1 property | 03/07/2018 | — | |
| outstanding | Aib Group (UK) P.L.C | A registered charge | 2 properties | 06/01/2017 | — | |
| outstanding | Aib Group (UK) P.L.C | A registered charge | — | 06/01/2017 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (33 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-04
gazette-filings-brought-up-to-date
gazette · DISS40
2024-04-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-05
gazette-notice-compulsory
gazette · GAZ1
2024-03-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-05-10
termination-director-company-with-name-termination-date
officers · TM01
2023-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-10