BG ENGINEERING SYSTEMS LTD
💤Zombieactive
12617191 · ltd · incorporated 2020-05-21
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 May 2025
Net worth
£126.9k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
PursueAsset-holding vehicle with a 70-year-old founder — textbook succession opportunity.
Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. 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, 1 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 (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 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
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £126,894
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£127k
Current Assets
£23k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £126.9k | — |
| Current assets | £23.3k | — |
| Net assets | £126.9k | — |
| Average employees | — | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
Last 180 days
3
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
- 2026-05-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-02-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-07-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-05-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-05-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-05-22➖WELSH, Bridget Ann resigneddirector
- 2022-05-19➕CECIL, Geoff appointeddirector
- 2022-02-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-05-21🏢Company incorporatedAs BG ENGINEERING SYSTEMS LTD
- 2020-05-21➕WELSH, Bridget Ann appointeddirector
- 2020-05-21📄incorporation-companyincorporation · NEWINC
Owner dependency
90/100
Critical — business is the founderThe 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.
- +Founder age: Director aged approximately 70 — succession pressure is live.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Geoff Cecil Individual · British · DOB 04/1956 · age 70 | 25–50% | — | 25-50% shares | 21/05/2020 |
1 historic (ceased) PSC
- Miss Bridget Ann Welshceased 26/05/2026· 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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| BIO HABITAT LTD→ 07879834 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| BIO NG LTD→ 07879880 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| BIOMASS 4 WALES LIMITED→ 08590397 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| BIROGRAF LTD→ 15491600 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BISYNC LTD→ 15310156 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BJ'S 2010 LIMITED→ 07336422 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| BLANKESTIJN ADVOCATEN LLP→ OC348168 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
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
Incorporated2020-05-21
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999
Registered office
5 Wesley Court
Neath Abbey
Neath
SA10 7NJ
Wales
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-06-03
Last: 2026-05-20
Officers (1 active · 1 resigned)
CECIL, Geoff→
Activedirector · ~70y · appointed 2022-05-19
View their other companies + combined net worth →
WELSH, Bridget Ann→
Resigneddirector · ~57y · appointed 2020-05-21 · resigned 2022-05-22
Click a director name to see their full track record across all companies.
Recent filings (17 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-05-26
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-29
accounts-with-accounts-type-dormant
accounts · AA
2023-02-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-07-04
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-27
termination-director-company-with-name-termination-date
officers · TM01
2022-05-27
appoint-person-director-company-with-name-date
officers · AP01
2022-05-27
accounts-with-accounts-type-dormant
accounts · AA
2022-02-18