BACK 2 BEAR LIMITED

🏛️Establishedactive

10758522 · ltd · incorporated 2017-05-08

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to May 2025

Net worth

£-37.1k

book net assets

Opportunity

71/100

Strong

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What this business does

Primary activity: SIC 38110

Sector: Water supply & waste

ALSO REGISTERED FOR

93290Other amusement and recreation activities n.e.c.

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

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, 2 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

3 officers (2 active, 3 linked, 3 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

28 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

71/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £37,136

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£37k

↓ 8.6% YoY

Current Assets

£18k

↓ 22% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-05-29	2024-05-31
Total assets	£-37.1k	£-19.1k
Current assets	£18.3k	£23.6k
Net assets	£-37.1k	£-34.2k

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2025-10-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-28
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-10-28
📄
change-person-director-company-with-change-date
officers · CH01
2020-10-28
📄
change-person-director-company-with-change-date
officers · CH01
2020-10-28
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-08-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-28
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2019-04-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-03-13
➕
ADDISON, Katie Louise appointed
director
2019-03-13
➖
CLAYTON, William Arthur resigned
director
2019-03-13
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-03-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-03-13
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-01-21
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2017-05-23
➕
KENNEDY, Spencer Lewis appointed
director
2017-05-08
🏢
Company incorporated
As BACK 2 BEAR LIMITED
2017-05-08
➕
CLAYTON, William Arthur appointed
director

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

Name	Shares	Voting rights	Nature of control	Notified
Mr Spencer Lewis Kennedy Individual · British · DOB 11/1990 · age 36	—	—	sig. influencesignificant influence	08/05/2017

1 historic (ceased) PSC

Mr William Arthur Claytonceased 13/03/2019· significant influence

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

6 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

Incorporated2017-05-08

Jurisdictionengland-wales

Primary SIC38110 — SIC 38110

Registered office

Lincolnshire Rural Activity Centre

Kenwick Park

Louth

Lincolnshire

LN11 8NR

England

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-29

Confirmation statement

Next due: 2027-01-22

Last: 2026-01-08

Officers (2 active · 1 resigned)

ADDISON, Katie Louise→

director · ~39y · appointed 2019-03-13

View their other companies + combined net worth →

Active

KENNEDY, Spencer Lewis→

director · ~36y · appointed 2017-05-23

View their other companies + combined net worth →

Active

CLAYTON, William Arthur→

director · ~36y · appointed 2017-05-08 · resigned 2019-03-13

Resigned

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