BASX LTD

💤Zombieactive
13392254 · ltd · incorporated 2021-05-12
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
72/100
Strong
🔔
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What this business does
Primary activity: SIC 10890
Sector: Manufacturing
ALSO REGISTERED FOR
  • 56290Other food services
  • 68100Buying and selling of own real estate
  • 82920Packaging activities
Investor take
Pursue
Strong opportunity: active trading company 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: share sale to pe / searcher (58/100).

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 4 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 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
17 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.

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 · accounting standard unknown
Metric2025-03-312024-03-31

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

🔒Filing-note intelligence

2 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
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-03-22
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2025-03-01
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  5. 2025-02-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2024-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-11-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-11-06
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2022-04-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2022-02-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2022-01-24
    GUNGADIN, Ashvin resigned
    director
  12. 2021-05-12
    🏢
    Company incorporated
    As BASX LTD
  13. 2021-05-12
    MIAH, Shathik appointed
    director
  14. 2021-05-12
    GUNGADIN, Ashvin appointed
    director
  15. 2021-05-12
    📄
    incorporation-company
    incorporation · NEWINC

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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Shathik Miah
Individual · British · DOB 01/1981 · age 45
2550%
25–50%25-50% shares · 25-50% voting12/05/2021

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
Incorporated2021-05-12
Jurisdictionengland-wales
Primary SIC10890 — SIC 10890

Registered office

24 Vulcan Way
Sandhurst
GU47 9DB
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-22
Last: 2025-12-08

Officers (1 active · 1 resigned)

MIAH, Shathik
director · ~45y · appointed 2021-05-12
View their other companies + combined net worth →
Active
GUNGADIN, Ashvin
director · ~48y · appointed 2021-05-12 · resigned 2022-01-24
Resigned

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

Recent filings (17 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
gazette-filings-brought-up-to-date
gazette · DISS40
2025-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-19
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-03-01
gazette-notice-compulsory
gazette · GAZ1
2025-02-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-07
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-11-06
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-04-20