BB MORTGAGES (NEWARK) LTD

⚰️Wound downdissolved
14248315 · ltd · incorporated 2022-07-21
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
53/100
Worth a look
🔔
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What this business does

A now-dissolved, dormant shell entity based in Newark that appeared to operate as a mortgage intermediary or financial brokerage, but never traded meaningfully, filing only dormant accounts before being voluntarily struck off shortly after incorporation.

Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 53/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: medium (57/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
7 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
20
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

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 (9 events)Click to expand
  1. 2024-11-05
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2024-11-05
    🏁
    Company dissolved
  3. 2024-08-20
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2024-08-09
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2023-10-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-07-21
    🏢
    Company incorporated
    As BB MORTGAGES (NEWARK) LTD
  7. 2022-07-21
    CARPENTER, Carly Shantel appointed
    director
  8. 2022-07-21
    CARPENTER, James Edward appointed
    director
  9. 2022-07-21
    📄
    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

1 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2024-11-05

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Carly Shantel Carpenter
Individual · British · DOB 02/1985 · age 41
2550%
25–50%board control25-50% shares · 25-50% voting · board control21/07/2022
Mr James Edward Carpenter
Individual · British · DOB 01/1979 · age 47
2550%
25–50%board control25-50% shares · 25-50% voting · board control21/07/2022

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.

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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.

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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.

Available from the Pro tier upwards.

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Company details

Statusdissolved
Typeltd
Incorporated2022-07-21
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

Whitton House
20 Market Place
Newark
NG24 1EA
United Kingdom

Filing status

Accounts
Next due:
Last made up to: 2023-07-31
Confirmation statement
Next due:
Last: 2024-07-20

Officers (0 active · 0 resigned)

CARPENTER, Carly Shantel
director · ~41y · appointed 2022-07-21
View their other companies + combined net worth →
Active
CARPENTER, James Edward
director · ~47y · appointed 2022-07-21
View their other companies + combined net worth →
Active

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

Recent filings (7 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2024-11-05
gazette-notice-voluntary
gazette · GAZ1(A)
2024-08-20
dissolution-application-strike-off-company
dissolution · DS01
2024-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-31
accounts-with-accounts-type-dormant
accounts · AA
2023-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-25
incorporation-company
incorporation · NEWINC
2022-07-21