ARTBEAT BRECON CIC
💤Zombieactive
14290140 · private-limited-guarant-nsc · incorporated 2022-08-11
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 Aug 2024
Net worth
£2.5k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Performing arts
Sector: Arts, entertainment & recreation
Investor take
PursueAsset-holding vehicle with a 66-year-old founder — textbook succession opportunity.
Opportunity 74/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 66). 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 (73/100).
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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £2,525
Cash YoY
+106%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£3k
↑ 106% YoY
Net Worth
£3k
↑ 126% YoY
Current Assets
£3k
↑ 106% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £2.5k | £1.1k |
| Current assets | £2.9k | £1.4k |
| Cash | £2.9k | £1.4k |
| Net assets | £2.5k | £1.1k |
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 (17 events)Click to expand
- 2025-10-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-03➖PATON, Roderick Anthony Esplen, Dr resigneddirector
- 2025-01-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-12-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-08-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-08-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-08-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-08-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-08-28➕KAPHENGST, Hedda Paula appointeddirector
- 2024-08-28➖KAPHENGST, Hedda Paula resigneddirector
- 2024-05-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-11🏢Company incorporatedAs ARTBEAT BRECON CIC
- 2022-08-11➕KAPHENGST, Hedda Paula appointeddirector
- 2022-08-11➕PATON, Roderick Anthony Esplen, Dr appointeddirector
- 2022-08-11📄incorporation-community-interest-companyincorporation · CICINC
Owner dependency
90/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Hedda Paula Kaphengst Individual · German · DOB 03/1960 · age 66 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 28/08/2024 |
2 historic (ceased) PSCs
- Dr Roderick Anthony Esplen Patonceased 26/11/2024· 75-100% shares · 75-100% voting · board control
- Hedda Paula Kaphengstceased 28/08/2024· 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 · Leisure & entertainment · HR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1973 GROUP LTD→ 16319898 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ACCESSIBLE HEREFORDSHIRE CIC→ 13963438 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ADVENTURES WITH WILL LTD→ 11272356 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| AMARC (2002) LIMITED→ 04224334 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| AMBREY TRAVEL LIMITED→ 12596650 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AMY MAGEE FINE ART LTD→ 13149569 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ANDREW WARMINGTON ASSOCIATES LTD→ 10310626 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AQUAFIT LADIES LIMITED→ 16333583 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ARMOURY COACHING SYSTEMS LTD→ 16108795 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARTREPRENEUR LTD→ 11687324 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ASPECTS OF SPAIN LIMITED→ 02912205 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
| ASSEMBLED MOMENTS LTD→ 15657411 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2022-08-11
Jurisdictionwales
Primary SIC90010 — Performing arts
Registered office
13 Church Street, Hay-On Wye 13 Church Street
Harley's Almshouses
Hay-On Wye
Powys
HR3 5DN
Wales
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-24
Last: 2025-08-10
Officers (1 active · 2 resigned)
KAPHENGST, Hedda Paula→
Activedirector · ~66y · appointed 2024-08-28
View their other companies + combined net worth →
KAPHENGST, Hedda Paula→
Resigneddirector · ~66y · appointed 2022-08-11 · resigned 2024-08-28
PATON, Roderick Anthony Esplen, Dr→
Resigneddirector · ~79y · appointed 2022-08-11 · resigned 2025-01-03
Click a director name to see their full track record across all companies.
Recent filings (14 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-16
termination-director-company-with-name-termination-date
officers · TM01
2025-01-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-29
appoint-person-director-company-with-name-date
officers · AP01
2024-08-29
termination-director-company-with-name-termination-date
officers · TM01
2024-08-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-07
incorporation-community-interest-company
incorporation · CICINC
2022-08-11