BAGS I LTD
💤Zombieactive
13495223 · ltd · incorporated 2021-07-05
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 Jul 2025
Net worth
£12.4k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 70/100. 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, 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
7 officers (1 active, 7 linked, 7 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
31 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
60
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 £12,367
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£12k
↑ 462% YoY
Current Assets
£64k
↑ 16% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £13.2k | £-2.7k |
| Current assets | £64.4k | £55.7k |
| Net assets | £12.4k | £-3.4k |
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
2
filings
- • 1 accounts
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2026-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-05-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-05-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-04-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-01➕FOSTER, Amanda Claire appointeddirector
- 2025-04-01➖CATER, John Paul resigneddirector
- 2025-04-01📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2025-01-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-02-01➕CATER, John Paul appointeddirector
- 2023-02-01➖JONES, Simon resigneddirector
- 2023-02-01➖PAWSON, Marcus Jason resigneddirector
- 2022-12-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-08-23➖JONES, Neil resigneddirector
- 2022-04-19📄change-person-director-company-with-change-dateofficers · CH01
- 2022-03-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-03-18📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2022-03-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-02-25➖OMAR, Matthew John resigneddirector
- 2022-02-25➕PAWSON, Marcus Jason appointeddirector
- 2021-09-01➖WILBURN, Edwin resigneddirector
- 2021-07-05🏢Company incorporatedAs BAGS I LTD
- 2021-07-05➕JONES, Neil appointeddirector
- 2021-07-05➕JONES, Simon appointeddirector
- 2021-07-05➕OMAR, Matthew John appointeddirector
- 2021-07-05➕WILBURN, Edwin appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 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.)
Group structure
Prem Pack Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Prem Pack Limited
Corporate parent · holds 75-100% shares
⬇
BAGS I LTD
This company · 13495223
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Prem Pack Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 01/04/2025 |
1 historic (ceased) PSC
- Mr Simon Jonesceased 01/04/2025· 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.
Similar companies
Active · Wholesale & distribution · DN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ANHOW LIMITED→ 09435139 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| AR RAJA MEAT LIMITED→ 16918168 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARGIN TRADING LTD→ 07106777 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ASSISTANCE 24/7 LIMITED→ 14188112 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ATLANTIC FRESH LIMITED→ 05654335 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ATLANTIC OCEAN SEAFOOD LIMITED→ 06546518 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| AYAN BEAUTY PRODUCTS LTD→ 16800794 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AZIMI LTD→ 15924350 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| B.J.B. LIFT TRUCKS LIMITED→ 02598015 · est 1991 · no financials extracted | — | — | — | — | 35y | — | — |
| BAPTISTA MACHINERY PROCUREMENT LIMITED→ 16489680 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BARBELL INDUSTRIES LTD→ 16062506 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BARGAINERZ LIMITED→ 16870809 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2021-07-05
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade
Registered office
8 Castlegate
Tickhill
Doncaster
DN11 9QU
England
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-04-17
Last: 2026-04-03
Officers (1 active · 6 resigned)
FOSTER, Amanda Claire→
Activedirector · ~53y · appointed 2025-04-01
View their other companies + combined net worth →
CATER, John Paul→
Resigneddirector · ~45y · appointed 2023-02-01 · resigned 2025-04-01
JONES, Neil→
Resigneddirector · ~59y · appointed 2021-07-05 · resigned 2022-08-23
JONES, Simon→
Resigneddirector · ~47y · appointed 2021-07-05 · resigned 2023-02-01
OMAR, Matthew John→
Resigneddirector · ~42y · appointed 2021-07-05 · resigned 2022-02-25
PAWSON, Marcus Jason→
Resigneddirector · ~53y · appointed 2022-02-25 · resigned 2023-02-01
WILBURN, Edwin→
Resigneddirector · ~57y · appointed 2021-07-05 · resigned 2021-09-01
Click a director name to see their full track record across all companies.
Recent filings (31 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-10
appoint-person-director-company-with-name-date
officers · AP01
2025-05-29
termination-director-company-with-name-termination-date
officers · TM01
2025-05-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-05-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-03
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2025-04-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-03