BULMAC LIMITED
💤Zombieactive
11209067 · ltd · incorporated 2018-02-15
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 2024
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 52219
Sector: Transportation & storage
ALSO REGISTERED FOR
- 52290Other transportation support activities
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
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
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
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 · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| 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
2 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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-08-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-08-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-10-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-02-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-02-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-01-19➕MATTHEEUWS, Celine Febronie appointeddirector
- 2022-01-19➖MATTHEEUWS, Eric Adrien resigneddirector
- 2021-10-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-02-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-12-31➖DAWSON, Philip Alan resigneddirector
- 2020-10-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-03-21📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2018-02-15🏢Company incorporatedAs BULMAC LIMITED
- 2018-02-15➕DAWSON, Philip Alan appointeddirector
- 2018-02-15➕MATTHEEUWS, Eric Adrien appointeddirector
- 2018-02-15📄incorporation-companyincorporation · NEWINC
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
45/100
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.
Red flags
cleanNo 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Beatrice Marie Madeleine Matthys Individual · Belgian · DOB 01/1957 · age 69 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 07/02/2023 |
3 historic (ceased) PSCs
- Celine Febronie Mattheeuwsceased 19/01/2022· significant influence
- Mr Eric Adrien Mattheeuwsceased 19/01/2022· 25-50% shares · 25-50% voting · board control
- Mr Philip Alan Dawsonceased 31/12/2020· 25-50% shares · 25-50% voting · board control
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 · Transport & logistics · CT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALPHA TAXIS CANTERBURY LTD→ 15942744 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BARKAT CAPITAL LTD→ 16065092 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BARNABAS HOLDINGS LTD→ 10995139 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BLUEBIRD LOGISTICS LTD→ 13255694 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BOBITEAM LTD→ 15381051 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BOND FREIGHT UK LTD→ 11422330 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BOOKMY HOLIDAYS LTD→ 17068983 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BRITANNIA COACHES LTD→ 06951394 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| BUDDY'S TRANSPORT SERVICES LIMITED→ 04633359 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| BUSINESS DAC LTD→ 16460753 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BUTLERS OF KENT HOLDINGS LTD→ 13759942 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BUTLERS OF KENT LIMITED→ 09888675 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2018-02-15
Jurisdictionengland-wales
Primary SIC52219 — SIC 52219
Registered office
Logistic Park Unit 1 Palmerston Road
Dover Port Zone
Whitfield
CT16 2HQ
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-28
Last: 2026-02-14
Officers (1 active · 2 resigned)
MATTHEEUWS, Celine Febronie→
Activedirector · ~43y · appointed 2022-01-19
View their other companies + combined net worth →
DAWSON, Philip Alan→
Resigneddirector · ~60y · appointed 2018-02-15 · resigned 2020-12-31
MATTHEEUWS, Eric Adrien→
Resigneddirector · ~68y · appointed 2018-02-15 · resigned 2022-01-19
Click a director name to see their full track record across all companies.
Recent filings (25 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-03-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-24
termination-director-company-with-name-termination-date
officers · TM01
2022-02-23
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-02-21
appoint-person-director-company-with-name-date
officers · AP01
2022-02-21