BAKER HUGHES UK FUNDING COMPANY LTD

💤Zombieactive
12556057 · ltd · incorporated 2020-04-15
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
not disclosed
Net worth
book net assets
Opportunity
67/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 67/100 (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: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: medium (59/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
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
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-10-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-08-20
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  3. 2024-11-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-10-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2024-08-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2024-07-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-07-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-07-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-07-12
    FIRMANI, David Vincent appointed
    director
  10. 2024-07-12
    MCLEISH, Blair Alexander resigned
    director
  11. 2024-07-12
    WADHWA, Varun resigned
    director
  12. 2024-04-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  13. 2022-10-05
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  14. 2022-10-05
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2022-10-05
    ⚠️
    legacy
    insolvency · CAP-SS
  16. 2022-10-05
    📄
    legacy
    capital · SH20
  17. 2022-09-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2022-09-13
    KONRAD, Jonathan Paul resigned
    director
  19. 2022-08-08
    📄
    capital-allotment-shares
    capital · SH01
  20. 2022-08-03
    ✏️
    certificate-re-registration-public-limited-company-to-private
    change-of-name · CERT10
  21. 2022-08-03
    📄
    re-registration-memorandum-articles
    incorporation · MAR
  22. 2022-08-03
    📄
    resolution
    resolution · RESOLUTIONS
  23. 2022-08-03
    ✏️
    reregistration-public-to-private-company
    change-of-name · RR02
  24. 2022-05-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  25. 2020-04-15
    🏢
    Company incorporated
    As BAKER HUGHES UK FUNDING COMPANY LTD
  26. 2020-04-15
    DUNLOP, Lorraine Amanda appointed
    secretary
  27. 2020-04-15
    KONRAD, Jonathan Paul appointed
    director
  28. 2020-04-15
    MCLEISH, Blair Alexander appointed
    director
  29. 2020-04-15
    WADHWA, Varun 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: 2022-10-05: legacy

Group structure

Baker Hughes Company is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Baker Hughes Company
Corporate parent · holds 75-100% shares · board control
ultimate parent
BAKER HUGHES UK FUNDING COMPANY LTD
This company · 12556057

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Baker Hughes Company
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control15/04/2020

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 · Financial services · W postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
360-EQUITY LIMITED
11971621 · est 2019 · no financials extracted
6y
42 RISK MANAGEMENT LIMITED
15788806 · est 2024 · no financials extracted
1y
4879 CASTELLO LTD
09627515 · est 2015 · no financials extracted
10y
4TALL TREES LIMITED
13922681 · est 2022 · no financials extracted
4y
61M LTD
09036590 · est 2014 · no financials extracted
11y
AARON CAPITAL MANAGEMENT LIMITED
05456660 · est 2005 · no financials extracted
20y
ABBEY LENDING I LIMITED
14260381 · est 2022 · no financials extracted
3y
ABF MXN FINANCE LIMITED
07809642 · est 2011 · no financials extracted
14y
ABINGER CAPITAL LIMITED
09081126 · est 2014 · no financials extracted
11y
ABP39 LIMITED
13451716 · est 2021 · no financials extracted
4y
ABSOLUTE GLOBAL SOLUTIONS LIMITED
04275915 · est 2001 · no financials extracted
24y
ABSWORTH LTD
11573760 · est 2018 · no financials extracted
7y
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
Incorporated2020-04-15
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

10th Floor, 245 Hammersmith Road
London
W6 8PW
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-28
Last: 2026-04-14

Officers (2 active · 3 resigned)

DUNLOP, Lorraine Amanda
secretary · appointed 2020-04-15
View their other companies + combined net worth →
Active
FIRMANI, David Vincent
director · ~55y · appointed 2024-07-12
View their other companies + combined net worth →
Active
KONRAD, Jonathan Paul
director · ~53y · appointed 2020-04-15 · resigned 2022-09-13
Resigned
MCLEISH, Blair Alexander
director · ~55y · appointed 2020-04-15 · resigned 2024-07-12
Resigned
WADHWA, Varun
director · ~42y · appointed 2020-04-15 · resigned 2024-07-12
Resigned

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

Recent filings (33 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-14
accounts-with-accounts-type-full
accounts · AA
2025-10-09
change-person-secretary-company-with-change-date
officers · CH03
2025-08-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-22
change-person-director-company-with-change-date
officers · CH01
2024-11-22
accounts-with-accounts-type-full
accounts · AA
2024-10-01
accounts-with-accounts-type-full
accounts · AA
2024-08-08
termination-director-company-with-name-termination-date
officers · TM01
2024-07-18
termination-director-company-with-name-termination-date
officers · TM01
2024-07-18
appoint-person-director-company-with-name-date
officers · AP01
2024-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-04-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-27
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2022-10-05
resolution
resolution · RESOLUTIONS
2022-10-05