BULPHA LIMITED
💤Zombieactive
13341644 · ltd · incorporated 2021-04-16
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 Apr 2026
Net worth
£31.0k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
ALSO REGISTERED FOR
- 47990Other retail sale not in stores, stalls or markets
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 71/100 (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: share sale to pe / searcher (58/100).
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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
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 £31,015
Net assets shrinking
Down £9,927 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£31k
↓ 24% YoY
Current Assets
£124k
↑ 8.2% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2026-04-30 | 2025-04-30 |
|---|---|---|
| Total assets | £146.7k | £145.0k |
| Current assets | £124.0k | £114.6k |
| Net assets | £31.0k | £40.9k |
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
3
filings
- • 2 persons-with-significant-control
- • 1 accounts
Last 180 days
4
filings
- • 2 persons-with-significant-control
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
- 2026-05-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-05-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-05-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-08-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-07-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-05-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-16🏢Company incorporatedAs BULPHA LIMITED
- 2021-04-16➕SMITH, Alistair Nevil Proudfoot appointeddirector
- 2021-04-16📄incorporation-companyincorporation · NEWINC
Owner dependency
80/100
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.
- +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
45/100
Moderate signalSome 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard Matthew Proudfoot Smith Individual · British · DOB 10/1972 · age 54 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 16/04/2021 |
Mr Alistair Nevil Proudfoot Smith Individual · British · DOB 10/1970 · age 56 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 16/04/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · EX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BLACK SWAN PRINTERS (DAWLISH) LTD→ 05387107 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| BRANDWOOD SASH LIMITED→ 03783115 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| BRH FABRICATION LIMITED→ 15741393 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BROOK GUITARS LIMITED→ 10188614 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BROWHILL LIMITED→ 13192821 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BROWN BROTHERS GROUP LIMITED→ 01756257 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
| BT MARINE COMPONENTS LTD→ 16644775 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BT MARINE PROPELLERS (UK) LIMITED→ 05711931 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| BUCKS BLASTING AND POWDER COATING LTD→ 13923021 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BULLET VENTURES LIMITED→ 07476809 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| BURNTBEANS LTD→ 16441819 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BURRIDGE PRINTERS LIMITED→ 08193233 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
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
Incorporated2021-04-16
Jurisdictionengland-wales
Primary SIC32990 — Other manufacturing n.e.c.
Registered office
Fairlawns Sandersfield
Plymtree
Cullompton
Devon
EX15 2JZ
United Kingdom
Filing status
Accounts
Next due: 2028-01-31
Last made up to: 2026-04-30
Confirmation statement
Next due: 2027-04-29
Last: 2026-04-15
Officers (1 active · 0 resigned)
SMITH, Alistair Nevil Proudfoot→
Activedirector · ~56y · appointed 2021-04-16
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (14 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-19
incorporation-company
incorporation · NEWINC
2021-04-16