BIRCHWAY LIMITED
💤Zombieactive
11474412 · ltd · incorporated 2018-07-20
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 Jul 2024
Net worth
£166.8k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: dormant / non-trading with strong profile and bankable structure.
Opportunity 78/100 (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).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 5.0y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 5.0 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (75/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
78/100Strong
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £166,838
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£167k
Current Assets
£334k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-07-30 |
|---|---|
| Total assets | £803.8k |
| Current assets | £333.7k |
| Net assets | £166.8k |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-04-30📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-07-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-05-28🔓Charge satisfied #3
- 2025-04-28📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-08-07📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-08-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-06📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2024-07-02📄gazette-notice-compulsorygazette · GAZ1
- 2023-07-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-05-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-05-12🔒Charge registered #3Lender: Reward Capital Limited
- 2022-05-12🔒Charge registered #2Lender: Reward Capital Limited
- 2021-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-07-15🔒Charge registered #1Lender: Together Commercial Finance Limited
- 2020-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-08-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-08-23📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2018-07-20🏢Company incorporatedAs BIRCHWAY LIMITED
- 2018-07-20➕CHAPPELL, Jonathan appointeddirector
- 2018-07-20📄incorporation-companyincorporation · NEWINC
Owner dependency
88/100
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 60 — 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
55/100
Strong succession signalMultiple 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
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 |
|---|---|---|---|---|
Mr Jonathan Paul Chappell Individual · British · DOB 03/1966 · age 60 | 75–100% | — | 75-100% shares | 20/07/2018 |
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 · Holding company · CF postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BORLEY HOLDINGS LIMITED→ 12883834 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BRANNOCK1359 LTD→ 16655508 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BREATHE PROMOTIONS LTD→ 09308815 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| BRIDGEND VANS LIMITED→ 13457999 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BRIND HOLDINGS LTD→ 12942096 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BRKLY GLOBAL LIMITED→ 16103869 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BROOKSIDE COURT RESIDENCE RTM COMPANY LTD→ 11346327 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BRYNEITHIN GROUP LTD→ 14479714 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BSG CAPITAL LTD→ 16977310 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BSW GROUP HOLDINGS LTD→ 16528177 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BT LINDELL CONTRACTING LTD→ 15138823 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BUCKHURST PROPERTY GROUP LTD→ 14196997 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2018-07-20
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company
Registered office
Academy House
11 Dunraven Place
Bridgend
Mid Glamorgan
CF31 1JF
United Kingdom
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-07-30
Confirmation statement
Next due: 2026-08-02
Last: 2025-07-19
Officers (1 active · 0 resigned)
CHAPPELL, Jonathan→
Activedirector · ~60y · appointed 2018-07-20
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Reward Capital Reward Capital Limited | A registered charge | 3 properties | 12/05/2022 | 28/05/2025 | |
| outstanding | Reward Capital Reward Capital Limited | A registered charge | 4 properties | 12/05/2022 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 2 properties | 15/07/2021 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (25 total)
change-account-reference-date-company-previous-shortened
accounts · AA01
2026-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-29
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-26
gazette-filings-brought-up-to-date
gazette · DISS40
2024-08-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-06
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-08-06
gazette-notice-compulsory
gazette · GAZ1
2024-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-05-16