BULMER HOUSE ADVISORY LTD

💤Zombieactive
10309223 · ltd · incorporated 2016-08-03
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 Aug 2025
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Non-life insurance
Sector: Financial & insurance
Investor take
Pursue
Active trading company with a 70-year-old founder — textbook succession opportunity.

Opportunity 74/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 70). 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 (73/100).

Data confidence

Overall: medium (76/100)

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
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
23 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
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red 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£0Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-08-312024-08-31

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
4
filings
  • 2 officers
  • 1 confirmation-statement
  • 1 accounts
Last 180 days
4
filings
  • 2 officers
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-05-11
    BRITTEN, Louise resigned
    director
  2. 2026-05-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  3. 2026-05-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-05-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2026-05-09
    BRITTEN, Louise resigned
    secretary
  6. 2025-05-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2024-05-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2023-05-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-06-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2022-05-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2021-06-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2020-05-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2019-06-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2017-12-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2016-08-03
    🏢
    Company incorporated
    As BULMER HOUSE ADVISORY LTD
  16. 2016-08-03
    MELDRUM, Aidan appointed
    secretary
  17. 2016-08-03
    MELDRUM, Aidan appointed
    director
  18. 2016-08-03
    BRITTEN, Louise appointed
    secretary
  19. 2016-08-03
    BRITTEN, Louise appointed
    director
  20. 2016-08-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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 age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BRITTEN, Louise resigned 2026-05-09; BRITTEN, Louise resigned 2026-05-11

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Aidan Meldrum
Individual · British · DOB 12/1956 · age 70
75100%
75–100%75-100% shares · 75-100% voting03/08/2016

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.

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Company details

Statusactive
Typeltd
Incorporated2016-08-03
Jurisdictionengland-wales
Primary SIC65120 — Non-life insurance

Registered office

11 Glenleigh Walk
Robertsbridge
TN32 5DQ
England

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-05-21
Last: 2026-05-07

Officers (2 active · 2 resigned)

MELDRUM, Aidan
secretary · appointed 2016-08-03
View their other companies + combined net worth →
Active
MELDRUM, Aidan
director · ~70y · appointed 2016-08-03
View their other companies + combined net worth →
Active
BRITTEN, Louise
secretary · appointed 2016-08-03 · resigned 2026-05-09
Resigned
BRITTEN, Louise
director · ~61y · appointed 2016-08-03 · resigned 2026-05-11
Resigned

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

Recent filings (23 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-12
termination-secretary-company-with-name-termination-date
officers · TM02
2026-05-11
termination-director-company-with-name-termination-date
officers · TM01
2026-05-11
accounts-with-accounts-type-dormant
accounts · AA
2026-05-11
accounts-with-accounts-type-dormant
accounts · AA
2025-05-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-08
accounts-with-accounts-type-dormant
accounts · AA
2024-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-31
accounts-with-accounts-type-dormant
accounts · AA
2023-05-02
accounts-with-accounts-type-dormant
accounts · AA
2022-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-05-22
accounts-with-accounts-type-dormant
accounts · AA
2021-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-21