BINDETHICS LTD

🌿Early-stageactive
13683949 · ltd · incorporated 2021-10-16
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Oct 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 20520
Sector: Manufacturing
ALSO REGISTERED FOR
  • 72190Other research and experimental development on natural sciences and engineering
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (79/100)

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
7 officers (5 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
82
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£0Oct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-10-312024-10-31

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
4
filings
  • 2 miscellaneous
  • 1 confirmation-statement
  • 1 officers
Last 180 days
8
filings
  • 2 officers
  • 2 miscellaneous
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-06-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-04-29
    📄
    legacy
    miscellaneous · RPCH01
  3. 2026-04-29
    📄
    legacy
    miscellaneous · RPCH01
  4. 2026-04-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2026-04-02
    📄
    capital-allotment-shares
    capital · SH01
  6. 2026-03-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2026-01-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2026-01-26
    TAYLOR, Victoria Jane appointed
    director
  9. 2026-01-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2026-01-13
    REIP, Alexander William Faris, Dr resigned
    director
  11. 2025-08-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2025-08-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2025-08-07
    WARBURG, Richard Jeremy, Dr appointed
    director
  14. 2025-08-07
    REIP, Alexander William Faris, Dr appointed
    director
  15. 2025-07-27
    📄
    capital-allotment-shares
    capital · SH01
  16. 2025-07-18
    SMITH, Callum resigned
    secretary
  17. 2025-07-18
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2025-07-01
    RISLEY, Sharon appointed
    secretary
  19. 2025-07-01
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  20. 2025-04-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2025-03-11
    📄
    capital-allotment-shares
    capital · SH01
  22. 2024-12-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  23. 2024-11-14
    📄
    resolution
    resolution · RESOLUTIONS
  24. 2024-11-04
    📄
    capital-allotment-shares
    capital · SH01
  25. 2024-09-28
    📄
    resolution
    resolution · RESOLUTIONS
  26. 2024-09-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  27. 2024-08-09
    📄
    memorandum-articles
    incorporation · MA
  28. 2022-05-10
    SMITH, Callum appointed
    secretary
  29. 2022-01-13
    WOLZAK, Michiel appointed
    secretary
  30. 2021-10-16
    🏢
    Company incorporated
    As BINDETHICS LTD
  31. 2021-10-16
    GARCIA FLORES, Victoria appointed
    director

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Victoria Garcia Flores
Individual · Spanish · DOB 02/1988 · age 38
75100%
75–100%board control75-100% shares · 75-100% voting · board control16/10/2021

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

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
Incorporated2021-10-16
Jurisdictionengland-wales
Primary SIC20520 — SIC 20520

Registered office

Unit 4 Holbeck Lane
Leeds
West Yorkshire
LS11 9UN
England

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2027-04-11
Last: 2026-03-28

Officers (5 active · 2 resigned)

RISLEY, Sharon
secretary · appointed 2025-07-01
View their other companies + combined net worth →
Active
WOLZAK, Michiel
secretary · appointed 2022-01-13
View their other companies + combined net worth →
Active
GARCIA FLORES, Victoria
director · ~38y · appointed 2021-10-16
View their other companies + combined net worth →
Active
TAYLOR, Victoria Jane
director · ~42y · appointed 2026-01-26
View their other companies + combined net worth →
Active
WARBURG, Richard Jeremy, Dr
director · ~69y · appointed 2025-08-07
View their other companies + combined net worth →
Active
SMITH, Callum
secretary · appointed 2022-05-10 · resigned 2025-07-18
Resigned
REIP, Alexander William Faris, Dr
director · ~40y · appointed 2025-08-07 · resigned 2026-01-13
Resigned

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

Recent filings (40 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-07
change-person-director-company-with-change-date
officers · CH01
2026-06-04
legacy
miscellaneous · RPCH01
2026-04-29
legacy
miscellaneous · RPCH01
2026-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-08
capital-allotment-shares
capital · SH01
2026-04-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-25
appoint-person-director-company-with-name-date
officers · AP01
2026-01-28
termination-director-company-with-name-termination-date
officers · TM01
2026-01-15
appoint-person-director-company-with-name-date
officers · AP01
2025-08-12
appoint-person-director-company-with-name-date
officers · AP01
2025-08-12
capital-allotment-shares
capital · SH01
2025-07-27
termination-secretary-company-with-name-termination-date
officers · TM02
2025-07-18
appoint-person-secretary-company-with-name-date
officers · AP03
2025-07-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-10