BATRIBIKE LIMITED
🏛️Establishedactive
11091589 · ltd · incorporated 2017-12-01
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 Sept 2025
Net worth
£47.1k
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: SIC 30920
Sector: Manufacturing
ALSO REGISTERED FOR
- 46690Wholesale of other machinery and equipment
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 8.4y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 8.4 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (71/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £47,051
Key financials
1 year extracted from filed iXBRL accountsCash
£41k
Net Worth
£47k
Current Assets
£1.0m
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-09-30 |
|---|---|
| Total assets | £47.1k |
| Current assets | £1.02M |
| Cash | £41.1k |
| Debtors | £105.0k |
| Net assets | £47.1k |
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
1
filing
- • 1 accounts
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2026-03-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-02📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2024-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-12-22🔓Charge satisfied #4
- 2022-11-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-30🔓Charge satisfied #3
- 2022-11-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-28➕PEARSON, Luke appointeddirector
- 2022-11-28🔒Charge registered #4Lender: Praetura Invoice Finance Limited
- 2022-11-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-11-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-10-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-10-31🔓Charge satisfied #1
- 2022-10-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-10-03➖COULSON, Steven resigneddirector
- 2022-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-30📄change-person-director-company-with-change-dateofficers · CH01
- 2022-05-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-05-16🔒Charge registered #3Lender: Aldermore Bank PLC
- 2022-01-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2021-10-29📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2021-09-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-04-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-02-07🔒Charge registered #2Lender: Promovec a/S
- 2018-01-16🔒Charge registered #1Lender: Calverton Finance Limited
- 2017-12-01🏢Company incorporatedAs BATRIBIKE LIMITED
- 2017-12-01➕LUNDQVIST, Jesper appointeddirector
- 2017-12-01➕COULSON, Steven appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome 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 signalLimited 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Promovec Group A/S is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Promovec Group A/S
Corporate parent · holds 75-100% shares
⬇
BATRIBIKE LIMITED
This company · 11091589
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Promovec Group A/S Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 05/03/2021 |
2 historic (ceased) PSCs
- Coulson Holdings Ltdceased 03/10/2022· 25-50% shares
- Mr Jesper Lundqvistceased 05/03/2021· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| B KNIGHT & SON LIMITED→ 04998401 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
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| BARDNEY INVESTMENTS LTD→ 06991296 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| BASS ELECTRICAL LIMITED→ 06391908 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
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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
Incorporated2017-12-01
Jurisdictionengland-wales
Primary SIC30920 — SIC 30920
Registered office
Unit 4 Ingleby Grange
Ingleby
Lincoln
Lincolnshire
LN1 2PQ
England
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-01-16
Last: 2026-01-02
Officers (2 active · 1 resigned)
LUNDQVIST, Jesper→
Activedirector · ~56y · appointed 2017-12-01
View their other companies + combined net worth →
PEARSON, Luke→
Activedirector · ~43y · appointed 2022-11-28
View their other companies + combined net worth →
COULSON, Steven→
Resigneddirector · ~69y · appointed 2017-12-01 · resigned 2022-10-03
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Praetura Invoice Finance Praetura Invoice Finance Limited | A registered charge | 1 property | 28/11/2022 | 22/12/2023 | |
| satisfied | Aldermore Aldermore Bank PLC | A registered charge | — | 16/05/2022 | 30/11/2022 | |
| outstanding | Promovec a/S | A registered charge | — | 07/02/2019 | — | |
| satisfied | Calverton Finance Calverton Finance Limited | A registered charge | 1 property | 16/01/2018 | 31/10/2022 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (39 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-02
change-account-reference-date-company-current-extended
accounts · AA01
2025-05-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-02
mortgage-satisfy-charge-full
mortgage · MR04
2023-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2022-11-30
appoint-person-director-company-with-name-date
officers · AP01
2022-11-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-11-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-11-02
mortgage-satisfy-charge-full
mortgage · MR04
2022-10-31