BAGPAD LIMITED

🏛️Establishedactive
11299876 · ltd · incorporated 2018-04-09
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 Apr 2025
Net worth
book net assets
Opportunity
77/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 13921
Sector: Manufacturing
ALSO REGISTERED FOR
  • 47789Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
  • 47910Retail sale via mail order houses or via Internet
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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, 3 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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
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£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30

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
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-10-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2023-10-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2023-10-30
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  7. 2023-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-01-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-01-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-05-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2020-01-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-06-27
    KANGASNIEMI, Marielle Elizabeth appointed
    director
  13. 2018-06-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2018-04-09
    🏢
    Company incorporated
    As BAGPAD LIMITED
  15. 2018-04-09
    DE ROEMMERS, Cathrine appointed
    director
  16. 2018-04-09
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • 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

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Cathrine De Roemmers
Individual · Finnish · DOB 08/1967 · age 59
75100%
75-100% shares30/10/2023
Marielle Elizabeth Kangasniemi
Individual · Finnish · DOB 05/1992 · age 34
sig. influencesignificant influence30/10/2023

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Manufacturing · SW postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ASIA POWER LTD
09080406 · est 2014 · no financials extracted
11y
AW FURNITURE LTD
15979144 · est 2024 · no financials extracted
1y
BAMBI AND ROSE LTD
14733054 · est 2023 · no financials extracted
3y
BANCROFT HEATH BUILDING SUPPLIES LTD
13323310 · est 2021 · no financials extracted
5y
BARJIS LIMITED
06005024 · est 2006 · no financials extracted
19y
BARK GROUP LTD
13353980 · est 2021 · no financials extracted
4y
BARNES BUILDING CONTRACTORS LTD
16829886 · est 2025 · no financials extracted
BARTOLA LIMITED
10819140 · est 2017 · no financials extracted
8y
BASELINE SPORTS CLUB LIMITED
16669464 · est 2025 · no financials extracted
BASH MOBILE AUTO TOUCH LIMITED
13442268 · est 2021 · no financials extracted
4y
BATAVIA OIL RANG DONG LTD
03716310 · est 1999 · no financials extracted
27y
BATTERSEA COOLING STATION LTD
15017408 · est 2023 · no financials extracted
2y
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
Incorporated2018-04-09
Jurisdictionengland-wales
Primary SIC13921 — SIC 13921

Registered office

2nd And 3rd Floor Flat
45 Cadogan Place
London
SW1X 9RU
England

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-09-13
Last: 2025-08-30

Officers (2 active · 0 resigned)

DE ROEMMERS, Cathrine
director · ~59y · appointed 2018-04-09
View their other companies + combined net worth →
Active
KANGASNIEMI, Marielle Elizabeth
director · ~34y · appointed 2018-06-27
View their other companies + combined net worth →
Active

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

Recent filings (21 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-10-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-10-30
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2023-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-02