BDHSTERLING GROUP LIMITED

💤Zombieactive
12371594 · ltd · incorporated 2019-12-19
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 Mar 2025
Net worth
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: Activities of insurance agents and brokers
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 68/100 (strong), bankability 67/100. 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. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 5.7y

30/100
under pressure

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

  • · Oldest live charge is 5.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · 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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
42 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
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees00

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

4 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
1
filing
  • 1 accounts
Last 180 days
5
filings
  • 2 persons-with-significant-control
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-group
    accounts · AA
  2. 2026-01-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-01-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2026-01-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-11-17
    📄
    capital-return-purchase-own-shares-treasury-capital-date
    capital · SH03
  6. 2025-08-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-08-01
    DAVIES, Paul Arnold resigned
    director
  8. 2025-07-15
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  9. 2025-07-15
    📄
    legacy
    capital · SH20
  10. 2025-07-15
    ⚠️
    legacy
    insolvency · CAP-SS
  11. 2025-07-15
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2025-04-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2025-04-03
    HARROWER, Russell Hugh resigned
    director
  14. 2025-04-03
    📄
    capital-allotment-shares
    capital · SH01
  15. 2025-03-07
    📄
    capital-cancellation-shares
    capital · SH06
  16. 2025-01-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2024-12-24
    📄
    accounts-with-accounts-type-group
    accounts · AA
  18. 2024-08-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2024-08-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2024-08-22
    🔒
    Charge registered #2
    Lender: Simon David Harvey
  21. 2024-08-22
    🔓
    Charge satisfied #1
  22. 2023-12-22
    📄
    accounts-with-accounts-type-group
    accounts · AA
  23. 2023-10-30
    📄
    capital-allotment-shares
    capital · SH01
  24. 2023-01-20
    📄
    capital-return-purchase-own-shares
    capital · SH03
  25. 2022-11-15
    📄
    accounts-with-accounts-type-group
    accounts · AA
  26. 2020-10-06
    🔒
    Charge registered #1
    Lender: Vertus Capital SPV1 Limited
  27. 2020-06-30
    HARROWER, Russell Hugh appointed
    director
  28. 2019-12-19
    🏢
    Company incorporated
    As BDHSTERLING GROUP LIMITED
  29. 2019-12-19
    HARVEY, Simon David appointed
    director
  30. 2019-12-19
    DAVIES, Paul Arnold appointed
    director

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

1 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-07-15: legacy

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Simon David Harvey
Individual · British · DOB 08/1979 · age 47
2550%
25–50%25-50% shares · 25-50% voting19/12/2019
1 historic (ceased) PSC
  • Mr Paul Arnold Daviesceased 31/07/2025· 25-50% shares · 25-50% voting

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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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
Incorporated2019-12-19
Jurisdictionengland-wales
Primary SIC66220 — Activities of insurance agents and brokers

Registered office

Capitol Square
4-6 Church Street
Epsom
Surrey
KT17 4NR
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-01
Last: 2025-12-18

Officers (1 active · 2 resigned)

HARVEY, Simon David
director · ~47y · appointed 2019-12-19
View their other companies + combined net worth →
Active
DAVIES, Paul Arnold
director · ~54y · appointed 2019-12-19 · resigned 2025-08-01
Resigned
HARROWER, Russell Hugh
director · ~72y · appointed 2020-06-30 · resigned 2025-04-03
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Simon David Harvey / Paul Arnold Davies / Paul Lawson-Tyers / Stephen Andrew Ian Harvey
A registered charge2 properties22/08/2024
satisfied
Vertus Capital SPV1
Vertus Capital SPV1 Limited
A registered charge06/10/202022/08/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (42 total)

accounts-with-accounts-type-group
accounts · AA
2026-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-06
change-person-director-company-with-change-date
officers · CH01
2026-01-06
capital-return-purchase-own-shares-treasury-capital-date
capital · SH03
2025-11-17
termination-director-company-with-name-termination-date
officers · TM01
2025-08-26
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-07-15
legacy
capital · SH20
2025-07-15
legacy
insolvency · CAP-SS
2025-07-15
resolution
resolution · RESOLUTIONS
2025-07-15
termination-director-company-with-name-termination-date
officers · TM01
2025-04-10
capital-allotment-shares
capital · SH01
2025-04-03
capital-cancellation-shares
capital · SH06
2025-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-06