BETHEL TRADING ENTERPRISES (UK) LTD

💤Zombieactive
11673288 · ltd · incorporated 2018-11-12
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 Nov 2024
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 77/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 1.5y

0/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 1.5 years old — likely still in initial term.
  • · 3 lenders named — inter-creditor friction likely.
  • · 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.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
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£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30

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
2
filings
  • 2 mortgage
Last 180 days
3
filings
  • 2 mortgage
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-06-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-06-08
    🔓
    Charge satisfied #1
  3. 2026-06-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2026-06-05
    🔓
    Charge satisfied #3
  5. 2025-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2025-06-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2025-06-11
    🔒
    Charge registered #3
    Lender: Morley Capital LTD Trading as Simply Funded
  8. 2025-03-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2025-03-07
    🔓
    Charge satisfied #2
  10. 2025-02-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2025-02-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2025-02-20
    🔒
    Charge registered #2
    Lender: Finbiz Funding Limited
  13. 2025-02-17
    🔒
    Charge registered #1
    Lender: Swishfund LTD
  14. 2024-07-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2023-09-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2022-05-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2022-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2022-03-18
    📄
    capital-allotment-shares
    capital · SH01
  19. 2021-12-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2021-12-26
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  21. 2021-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2021-02-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  23. 2020-05-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2018-11-12
    🏢
    Company incorporated
    As BETHEL TRADING ENTERPRISES (UK) LTD
  25. 2018-11-12
    JOSEPH, Lathish appointed
    secretary
  26. 2018-11-12
    JOSEPH, Lathish appointed
    director

Owner dependency

80/100
Critical — business is the founder

The 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.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Lathish Joseph
Individual · British · DOB 01/1983 · age 43
75100%
75–100%75-100% shares · 75-100% voting12/11/2018

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 →

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15117743 · est 2023 · no financials extracted
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12834467 · est 2020 · no financials extracted
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09506424 · est 2015 · no financials extracted
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15332313 · est 2023 · no financials extracted
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BERRYMART LTD
07395922 · est 2010 · no financials extracted
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16804120 · est 2025 · no financials extracted
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01740537 · est 1983 · no financials extracted
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13981431 · est 2022 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2018-11-12
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade

Registered office

8 Drakes Drive
Long Crendon
Aylesbury
HP18 9FE
England

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-03-09
Last: 2026-02-23

Officers (2 active · 0 resigned)

JOSEPH, Lathish
secretary · appointed 2018-11-12
View their other companies + combined net worth →
Active
JOSEPH, Lathish
director · ~43y · appointed 2018-11-12
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Morley Capital Trading as Simply Funded
Morley Capital LTD Trading as Simply Funded
A registered charge11/06/202505/06/2026
satisfied
Finbiz Funding
Finbiz Funding Limited
A registered charge1 property20/02/202507/03/2025
satisfied
Swishfund
Swishfund LTD
A registered charge17/02/202508/06/2026

Recent filings (27 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-06-08
mortgage-satisfy-charge-full
mortgage · MR04
2026-06-05
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-12
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-01
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-05-10