BRIDGING VAT LIMITED
💤Zombieactive
11374033 · ltd · incorporated 2018-05-21
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 Sept 2025
Net worth
£47
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 76/100 (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 (73/100).
Data confidence
Overall: high (88/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £47
Key financials
3 years extracted from filed iXBRL accountsCash
—
Net Worth
£47
~ YoY
Current Assets
£145k
↑ 3.3% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 |
|---|---|---|---|
| Total assets | £11.0k | £11.0k | £18.7k |
| Current assets | £145.3k | £140.7k | £134.6k |
| Net assets | £47 | £47 | £47 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 accounts
Last 90 days
3
filings
- • 2 confirmation-statement
- • 1 accounts
Last 180 days
3
filings
- • 2 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-28➖FUNNELL, Benjamin John resigneddirector
- 2023-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-19📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-05-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-10-11📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2022-08-30📄gazette-notice-compulsorygazette · GAZ1
- 2021-07-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-24➕SMITH, Alan appointeddirector
- 2020-06-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-03-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-05-16➖SMITH, Alan resigneddirector
- 2019-05-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-05-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-05-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-10-03➕FUNNELL, Benjamin John appointeddirector
- 2018-05-21🏢Company incorporatedAs BRIDGING VAT LIMITED
- 2018-05-21➕SMITH, Alan appointeddirector
Owner dependency
83/100
Critical — business is the founderThe 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 58 — approaching natural succession window.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alan Smith Individual · British · DOB 03/1968 · age 58 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/02/2023 |
Mr Benjamin John Funnell Individual · British · DOB 05/1976 · age 50 | 25–50% | — | 25-50% shares | 26/06/2018 |
2 historic (ceased) PSCs
- Mr Alan Smithceased 26/06/2018· 25-50% shares · 25-50% voting
- Mr Edward James Smithceased 26/06/2018· 25-50% shares · 25-50% voting
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 · Financial services · CO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BLUE SQUARE FINANCIAL LIMITED→ 10668961 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| BURLEIGH MANAGEMENT LIMITED→ 08553816 · est 2013 | — | — | £-10.2k | — | 12y | — | — |
| CKR INVESTMENT MANAGEMENT LTD→ 06812230 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| CLAIMSFORCE LTD→ 10452772 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CLEAR RISK IB LIMITED→ 12381040 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| COLCHESTER MORTGAGES LIMITED→ 16041143 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CPO INVESTMENTS LIMITED→ 16585640 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CREDIT VIBE FINANCE LIMITED→ 10484704 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CROWN INSURANCE CONSULTANCY LTD→ 06273334 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| DAVID VAUGHAN LTD→ 11296680 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| DEAN BENNELL LTD→ 16305762 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| DEAN J LAST WEALTH MANAGEMENT LTD→ 07815839 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
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
Incorporated2018-05-21
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified
Registered office
6 The Centre, The Crescent
Colchester Business Park
Colchester
Essex
CO4 9QQ
England
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-07-02
Last: 2026-06-18
Officers (1 active · 2 resigned)
Active
FUNNELL, Benjamin John→
Resigneddirector · ~50y · appointed 2018-10-03 · resigned 2023-12-28
SMITH, Alan→
Resigneddirector · ~58y · appointed 2018-05-21 · resigned 2019-05-16
Click a director name to see their full track record across all companies.
Recent filings (32 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-19
confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-20
termination-director-company-with-name-termination-date
officers · TM01
2024-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-28
gazette-filings-brought-up-to-date
gazette · DISS40
2023-05-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-02-16
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2022-10-11
gazette-notice-compulsory
gazette · GAZ1
2022-08-30