BASEMENTARTSPROJECT CIC

🌿Early-stageactive
13841298 · private-limited-guarant-nsc · incorporated 2022-01-11
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.
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£589
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Operation of arts facilities
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 73/100 (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: high (80/100)

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

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
12 officers (7 active, 12 linked, 12 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
77
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 £589

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£589
Current Assets
£589
Current Liabilities
£0£118£236£353£471£589Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Total assets£589£0
Current assets£589£0
Cash£0
Debtors£0£0
Net assets£589£0

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
6
filings
  • 5 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2026-03-26
    WOOLHAM, Simon Anthony, Dr appointed
    director
  2. 2026-03-26
    DUNN, Alan resigned
    director
  3. 2026-03-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2026-03-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2026-03-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2026-03-09
    ACKERMAN, Keith Michael appointed
    director
  7. 2026-03-09
    ACKERMAN, Keith Michael resigned
    director
  8. 2026-03-09
    ESAPATHI SATYANRANJANRAJU, Bhavani resigned
    director
  9. 2026-03-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2026-03-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2025-10-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2025-10-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2025-09-21
    BOBILLIER, Loane appointed
    director
  14. 2025-04-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2025-04-20
    CATTERALL, Lydia Alice resigned
    director
  16. 2024-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2024-03-14
    KITCHINGMAN, Amy appointed
    director
  18. 2024-03-14
    ESAPATHI SATYANRANJANRAJU, Bhavani appointed
    director
  19. 2024-03-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2024-03-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2024-01-20
    ESAPATHI, Bhavani resigned
    director
  22. 2024-01-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2023-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2022-07-26
    DAVIES, Deborah appointed
    director
  25. 2022-07-26
    ENGLAND, Karl Alastair appointed
    director
  26. 2022-07-26
    ACKERMAN, Keith Michael appointed
    director
  27. 2022-07-26
    CATTERALL, Lydia Alice appointed
    director
  28. 2022-07-26
    DUNN, Alan appointed
    director
  29. 2022-07-26
    ESAPATHI, Bhavani appointed
    director
  30. 2022-07-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  31. 2022-07-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  32. 2022-07-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  33. 2022-07-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  34. 2022-07-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  35. 2022-07-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  36. 2022-01-11
    🏢
    Company incorporated
    As BASEMENTARTSPROJECT CIC
  37. 2022-01-11
    DAVIES, Bruce appointed
    director
  38. 2022-01-11
    📄
    incorporation-community-interest-company
    incorporation · CICINC

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • -7 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 med ·
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: ACKERMAN, Keith Michael resigned 2026-03-09; DUNN, Alan resigned 2026-03-26; ESAPATHI SATYANRANJANRAJU, Bhavani resigned 2026-03-09

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Bruce Davies
Individual · British · DOB 03/1972 · age 54
board controlboard control11/01/2022

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
Typeprivate-limited-guarant-nsc
Incorporated2022-01-11
Jurisdictionengland-wales
Primary SIC90040 — Operation of arts facilities

Registered office

28 Burton Terrace
Leeds
LS11 5JH
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-24
Last: 2026-01-10

Officers (7 active · 5 resigned)

ACKERMAN, Keith Michael
director · ~69y · appointed 2026-03-09
View their other companies + combined net worth →
Active
BOBILLIER, Loane
director · ~26y · appointed 2025-09-21
View their other companies + combined net worth →
Active
DAVIES, Bruce
director · ~54y · appointed 2022-01-11
View their other companies + combined net worth →
Active
DAVIES, Deborah
director · ~51y · appointed 2022-07-26
View their other companies + combined net worth →
Active
ENGLAND, Karl Alastair
director · ~51y · appointed 2022-07-26
View their other companies + combined net worth →
Active
KITCHINGMAN, Amy
director · ~26y · appointed 2024-03-14
View their other companies + combined net worth →
Active
WOOLHAM, Simon Anthony, Dr
director · ~53y · appointed 2026-03-26
View their other companies + combined net worth →
Active
ACKERMAN, Keith Michael
director · ~69y · appointed 2022-07-26 · resigned 2026-03-09
Resigned
CATTERALL, Lydia Alice
director · ~36y · appointed 2022-07-26 · resigned 2025-04-20
Resigned
DUNN, Alan
director · ~59y · appointed 2022-07-26 · resigned 2026-03-26
Resigned
ESAPATHI, Bhavani
director · ~39y · appointed 2022-07-26 · resigned 2024-01-20
Resigned
ESAPATHI SATYANRANJANRAJU, Bhavani
director · ~39y · appointed 2024-03-14 · resigned 2026-03-09
Resigned

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

Recent filings (24 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-26
termination-director-company-with-name-termination-date
officers · TM01
2026-03-26
appoint-person-director-company-with-name-date
officers · AP01
2026-03-10
termination-director-company-with-name-termination-date
officers · TM01
2026-03-09
termination-director-company-with-name-termination-date
officers · TM01
2026-03-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-24
appoint-person-director-company-with-name-date
officers · AP01
2025-10-03
termination-director-company-with-name-termination-date
officers · TM01
2025-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-28
appoint-person-director-company-with-name-date
officers · AP01
2024-03-14
appoint-person-director-company-with-name-date
officers · AP01
2024-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-20
termination-director-company-with-name-termination-date
officers · TM01
2024-01-20