BOVINGDON HOLDINGS LIMITED

🌿Early-stageactive
13810873 · ltd · incorporated 2021-12-21
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£1.07M
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
  • 68320Management of real estate on a fee or contract basis
Investor take
Pursue
Strong 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: Cash flow review and working-capital discipline. Cash down -86% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (73/100).

Data confidence

Overall: high (82/100)

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

Company profile
address, 3 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 (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
10 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 102
Positive net assets
Net assets £1,069,400
Very low cash
Cash position: £61
Cash draining
Cash down 86% YoY
Cash YoY
-86%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£61
↓ 86% YoY
Net Worth
£1.1m
↑ 13193% YoY
Current Assets
£285k
↑ 49585% YoY
Current Liabilities
-£8k£207k£423k£638k£854k£1.1mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£1.38M£-8.2k
Current assets£285.2k£574
Cash£61£444
Debtors£285.1k£130
Net assets£1.07M£-8.2k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2025-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-04-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-07-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-29
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2022-04-11
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  6. 2022-03-31
    JELLICOE, Michael John appointed
    secretary
  7. 2021-12-21
    🏢
    Company incorporated
    As BOVINGDON HOLDINGS LIMITED
  8. 2021-12-21
    ASHFORD, Pollyanna Rebecca appointed
    director
  9. 2021-12-21
    ASHFORD, Richard Jonathan appointed
    director
  10. 2021-12-21
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Richard Jonathan Ashford
Individual · British · DOB 04/1972 · age 54
sig. influencesignificant influence21/12/2021
Mrs Pollyanna Rebecca Ashford
Individual · British · DOB 07/1974 · age 52
sig. influencesignificant influence21/12/2021

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.

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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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2021-12-21
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

Bovingdon Grange, Bovingdon Green
Frieth Road
Marlow
SL7 2JQ
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-03
Last: 2025-12-20

Officers (3 active · 0 resigned)

JELLICOE, Michael John
secretary · appointed 2022-03-31
View their other companies + combined net worth →
Active
ASHFORD, Pollyanna Rebecca
director · ~52y · appointed 2021-12-21
View their other companies + combined net worth →
Active
ASHFORD, Richard Jonathan
director · ~54y · appointed 2021-12-21
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-27
change-person-secretary-company-with-change-date
officers · CH03
2023-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-23
appoint-person-secretary-company-with-name-date
officers · AP03
2022-04-11
incorporation-company
incorporation · NEWINC
2021-12-21