BULGARCHE LTD

💤Zombieactive
11926119 · ltd · incorporated 2019-04-04
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 Apr 2023
Net worth
book net assets
Opportunity
51/100
Worth a look
🔔
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What this business does
Primary activity: Pre-primary education
Sector: Education
ALSO REGISTERED FOR
  • 85200Primary education
  • 85310General secondary education
  • 85520Cultural education
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 51/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

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, 4 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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 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
51/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
38
Multiple red flags — proceed with caution.
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 2022Apr 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2023-04-302022-04-30

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
0
filings
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-09-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2025-09-25
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2025-09-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-09-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-09-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2025-09-24
    SABRI, Tezdzhan Ismail appointed
    director
  7. 2025-09-24
    TEMELKOVA, Pavlina Temelkova resigned
    director
  8. 2025-09-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2025-09-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2025-09-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC03
  11. 2025-09-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2025-09-05
    SABRI, Tezdzhan Ismail resigned
    director
  13. 2025-09-05
    TEMELKOVA, Pavlina Temelkova appointed
    director
  14. 2025-09-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2024-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2022-08-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2022-02-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2020-11-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2019-04-04
    🏢
    Company incorporated
    As BULGARCHE LTD
  20. 2019-04-04
    SABRI, Tezdzhan Ismail appointed
    director
  21. 2019-04-04
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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

2 high · 1 med · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-01-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-17

2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: SABRI, Tezdzhan Ismail resigned 2025-09-05; TEMELKOVA, Pavlina Temelkova resigned 2025-09-24

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Tezdzhan Ismail Sabri
Individual · Bulgarian · DOB 08/1980 · age 46
75100%
75-100% shares24/09/2025
2 historic (ceased) PSCs
  • Pavlina Temelkovaceased 24/09/2025· 75-100% shares
  • Mr Tezdzhan Ismail Sabriceased 05/09/2025· 75-100% shares · 75-100% voting · board control

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

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13430162 · est 2021 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2019-04-04
Jurisdictionengland-wales
Primary SIC85100 — Pre-primary education

Registered office

6 Sidings Close
Crewe
CW1 3HW
England

Filing status

Accounts
Next due: 2025-01-31OVERDUE
Last made up to: 2023-04-30
Confirmation statement
Next due: 2026-04-17OVERDUE
Last: 2025-04-03

Officers (1 active · 2 resigned)

SABRI, Tezdzhan Ismail
director · ~46y · appointed 2025-09-24
View their other companies + combined net worth →
Active
SABRI, Tezdzhan Ismail
director · ~46y · appointed 2019-04-04 · resigned 2025-09-05
Resigned
TEMELKOVA, Pavlina Temelkova
director · ~68y · appointed 2025-09-05 · resigned 2025-09-24
Resigned

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

Recent filings (21 total)

appoint-person-director-company-with-name-date
officers · AP01
2025-09-25
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-09-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-25
termination-director-company-with-name-termination-date
officers · TM01
2025-09-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC03
2025-09-08
appoint-person-director-company-with-name-date
officers · AP01
2025-09-08
termination-director-company-with-name-termination-date
officers · TM01
2025-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-21
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-10