BASE LEISURE INDUSTRIES LIMITED

🏛️Establishedactive
12313447 · ltd · incorporated 2019-11-13
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Nov 2024
Net worth
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: Joinery installation
Sector: Construction
ALSO REGISTERED FOR
  • 45200SIC 45200
Investor take
Pass (distressed without resilience)
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 68/100 (strong), bankability 65/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

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, 2 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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
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£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30
Average employees300300

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 (13 events)Click to expand
  1. 2025-08-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-06-12
    BAINBRIDGE, Christopher Nathan appointed
    director
  3. 2025-06-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-11-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-02-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2024-02-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-01-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2022-08-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-11-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-03-02
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2019-11-13
    🏢
    Company incorporated
    As BASE LEISURE INDUSTRIES LIMITED
  12. 2019-11-13
    BAINBRIDGE, Jacqueline Anne appointed
    director
  13. 2019-11-13
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

86/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

16/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — BAINBRIDGE, Christopher Nathan (same surname) appointed 2025-06-12. Pattern consistent with intra-family handover.
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-06-07

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Jacqueline Anne Bainbridge
Individual · British · DOB 09/1958 · age 68
75100%
75–100%board control75-100% shares · 75-100% voting · board control13/11/2019

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

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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
Incorporated2019-11-13
Jurisdictionengland-wales
Primary SIC43320 — Joinery installation

Registered office

Suite 1 Telford House
Warwick Road
Carlisle
CA1 2BT
United Kingdom

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-06-07OVERDUE
Last: 2025-05-24

Officers (2 active · 0 resigned)

BAINBRIDGE, Christopher Nathan
director · ~40y · appointed 2025-06-12
View their other companies + combined net worth →
Active
BAINBRIDGE, Jacqueline Anne
director · ~68y · appointed 2019-11-13
View their other companies + combined net worth →
Active

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

Recent filings (17 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-28
appoint-person-director-company-with-name-date
officers · AP01
2025-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-24
gazette-filings-brought-up-to-date
gazette · DISS40
2024-02-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-01
gazette-notice-compulsory
gazette · GAZ1
2024-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-25
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-11
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-09
resolution
resolution · RESOLUTIONS
2021-03-02