BAT POWDER COATING LIMITED

🌿Early-stageactive
14586140 · ltd · incorporated 2023-01-11
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 Oct 2024
Net worth
£-72.0k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Treatment and coating of metals
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 76/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (81/100)

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £71,958
Cash YoY
+65%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£7k
↑ 65% YoY
Net Worth
-£72k
↓ 153% YoY
Current Assets
£100k
↑ 27% YoY
Current Liabilities
-£72k-£38k-£3k£31k£65k£100kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-312023-10-31
Total assets£-72.0k£-28.4k
Current assets£99.8k£78.4k
Cash£6.9k£4.2k
Debtors£51.5k£55.2k
Net assets£-72.0k£-28.4k

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
0
filings
Last 180 days
3
filings
  • 2 miscellaneous
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-03-26
    📄
    legacy
    miscellaneous · RPCH01
  2. 2026-03-18
    📄
    legacy
    miscellaneous · RPCH01
  3. 2026-01-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-03-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-07-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-11-11
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  7. 2023-01-11
    🏢
    Company incorporated
    As BAT POWDER COATING LIMITED
  8. 2023-01-11
    ROBINSON, David Barry appointed
    director
  9. 2023-01-11
    SUTTON, Barry appointed
    director
  10. 2023-01-11
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

73/100
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.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr David Barry Robinson
Individual · British · DOB 08/1967 · age 59
2550%
25–50%25-50% shares · 25-50% voting11/01/2023
1 historic (ceased) PSC
  • Mr Barry Suttonceased 01/01/2026· 25-50% shares · 25-50% voting

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
Incorporated2023-01-11
Jurisdictionengland-wales
Primary SIC25610 — Treatment and coating of metals

Registered office

Unit 4 Walsall Road
Norton Canes
Staffs
WS11 9TB
United Kingdom

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-01-20
Last: 2026-01-06

Officers (2 active · 0 resigned)

ROBINSON, David Barry
director · ~59y · appointed 2023-01-11
View their other companies + combined net worth →
Active
SUTTON, Barry
director · ~72y · appointed 2023-01-11
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-no-updates
confirmation-statement · CS01
2026-03-30
legacy
miscellaneous · RPCH01
2026-03-26
legacy
miscellaneous · RPCH01
2026-03-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-30
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-11-11
incorporation-company
incorporation · NEWINC
2023-01-11