BATH ADVENTURES LIMITED

💤Zombieactive
11125703 · ltd · incorporated 2017-12-27
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 Dec 2023
Net worth
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: Activities of tourist guides
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 66/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).

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
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review 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£0Dec 2022Dec 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-12-312022-12-31

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
0
filings
Last 180 days
3
filings
  • 1 gazette
  • 1 confirmation-statement
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-02-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-01-14
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  3. 2025-12-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-02-06
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2024-02-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2024-02-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-04-12
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  8. 2023-03-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2022-10-25
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2022-10-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2022-04-12
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  12. 2022-03-15
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2021-01-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2020-05-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2020-05-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2020-03-17
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  17. 2019-03-12
    RIVER ADVENTURES LIMITED resigned
    corporate-director
  18. 2019-03-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2019-03-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2017-12-27
    🏢
    Company incorporated
    As BATH ADVENTURES LIMITED
  21. 2017-12-27
    SIDDALL, Paul appointed
    director
  22. 2017-12-27
    RIVER ADVENTURES LIMITED appointed
    corporate-director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-09-30

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Paul Siddall
Individual · British · DOB 04/1966 · age 60
sig. influencesignificant influence12/03/2019
1 historic (ceased) PSC
  • River Adventures Limitedceased 12/03/2019· 75-100% shares · board control · firm interest

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

9 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 →
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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
Incorporated2017-12-27
Jurisdictionengland-wales
Primary SIC79901 — Activities of tourist guides

Registered office

Suite 190, 3 Edgar Buildings George Street
Bath
BA1 2FJ
United Kingdom

Filing status

Accounts
Next due: 2025-09-30OVERDUE
Last made up to: 2023-12-31
Confirmation statement
Next due: 2027-01-09
Last: 2025-12-26

Officers (1 active · 1 resigned)

SIDDALL, Paul
director · ~60y · appointed 2017-12-27
View their other companies + combined net worth →
Active
RIVER ADVENTURES LIMITED
corporate-director · appointed 2017-12-27 · resigned 2019-03-12
Resigned

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

Recent filings (29 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-04
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-01-14
gazette-notice-compulsory
gazette · GAZ1
2025-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-29
gazette-filings-brought-up-to-date
gazette · DISS40
2024-02-06
accounts-with-accounts-type-dormant
accounts · AA
2024-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-05
accounts-with-accounts-type-dormant
accounts · AA
2024-02-05
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-04-12
gazette-notice-compulsory
gazette · GAZ1
2023-03-14
gazette-filings-brought-up-to-date
gazette · DISS40
2022-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-24
accounts-with-accounts-type-dormant
accounts · AA
2022-10-24