BGF HOLDINGS LIMITED

💤Zombieactive
12717128 · ltd · incorporated 2020-07-03
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 Dec 2024
Net worth
£1.22M
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Activities of open-ended investment companies
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: high (82/100)

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
Confirmed no charges registered
85
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
10 connected companies via shared directors
75
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £1,221,439
Net assets shrinking
Down £525,824 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£1.2m
↓ 30% YoY
Current Assets
£839k
↓ 24% YoY
Current Liabilities
£0£349k£699k£1.0m£1.4m£1.7mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£1.22M£1.75M
Current assets£839.4k£1.11M
Net assets£1.22M£1.75M

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
1
filing
  • 1 address
Last 180 days
1
filing
  • 1 address
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-05-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-12-21
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2024-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-12-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2024-07-12
    MAHMOOD, Faisal resigned
    director
  7. 2024-07-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-07-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-07-08
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2024-07-08
    📄
    memorandum-articles
    incorporation · MA
  11. 2024-07-02
    📄
    capital-name-of-class-of-shares
    capital · SH08
  12. 2024-07-02
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  13. 2024-07-01
    NAWAZ, Adeel Rab appointed
    director
  14. 2024-06-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  15. 2023-12-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2023-04-04
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  17. 2022-11-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2022-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2022-01-20
    KHAN, Imran resigned
    director
  20. 2022-01-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2021-10-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  22. 2020-09-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  23. 2020-09-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  24. 2020-08-10
    MAHMOOD, Faisal appointed
    director
  25. 2020-07-03
    🏢
    Company incorporated
    As BGF HOLDINGS LIMITED
  26. 2020-07-03
    KHAN, Imran 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Farid Investments Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Farid Investments Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
BGF HOLDINGS LIMITED
This company · 12717128

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
Farid Investments Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control18/09/2020
1 historic (ceased) PSC
  • Bangla Station Wholesale Limitedceased 18/09/2020· 25-50% shares · 25-50% voting · board control

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

7 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
Incorporated2020-07-03
Jurisdictionengland-wales
Primary SIC64304 — Activities of open-ended investment companies

Registered office

Office 204 10 Courtenay Road
East Lane
Wembley
London
HA9 7ND

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-25
Last: 2025-07-11

Officers (1 active · 2 resigned)

NAWAZ, Adeel Rab
director · ~29y · appointed 2024-07-01
View their other companies + combined net worth →
Active
KHAN, Imran
director · ~37y · appointed 2020-07-03 · resigned 2022-01-20
Resigned
MAHMOOD, Faisal
director · ~47y · appointed 2020-08-10 · resigned 2024-07-12
Resigned

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

Recent filings (28 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-05-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-18
gazette-filings-brought-up-to-date
gazette · DISS40
2024-12-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-19
gazette-notice-compulsory
gazette · GAZ1
2024-12-10
termination-director-company-with-name-termination-date
officers · TM01
2024-07-12
appoint-person-director-company-with-name-date
officers · AP01
2024-07-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-11
resolution
resolution · RESOLUTIONS
2024-07-08
memorandum-articles
incorporation · MA
2024-07-08
capital-name-of-class-of-shares
capital · SH08
2024-07-02
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-07-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-06-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-26