BELLEROPHON CAPITAL MANAGEMENT LIMITED
Opportunity 73/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -92% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).
Refinance opportunity
1 live charge · oldest 2.1y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.1 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £341.3k | £343.6k |
| Current assets | £146.4k | £275.3k |
| Cash | £21.3k | £275.3k |
| Debtors | £125.1k | £71 |
| Net assets | £-9.3k | £13.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (17 events)Click to expand
- 2026-02-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-10📄change-person-director-company-with-change-dateofficers · CH01
- 2025-03-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-03-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-02-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-24🔒Charge registered #1Lender: Paragon Bank PLC
- 2024-02-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-05-01📄change-person-director-company-with-change-dateofficers · CH01
- 2019-05-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-05-23🏢Company incorporatedAs BELLEROPHON CAPITAL MANAGEMENT LIMITED
- 2018-05-23➕PAPANICHOLA, Peter appointeddirector
- 2018-05-23📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Peter Papanichola Individual · British · DOB 08/1974 · age 52 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 23/05/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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| 146 CHURCH ROAD MANAGEMENT CO. LTD.→ 11246619 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
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| 22 ESTATES LIMITED→ 11449386 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 24/04/2024 | — |