BATH AND WEST FINANCE 5 LIMITED

🌿Early-stageactive
14653934 · ltd · incorporated 2023-02-10
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 Jun 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Activities of mortgage finance companies
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 62/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 1.8y

15/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 1.8 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (84/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (4 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Average employees4

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
3
filings
  • 2 address
  • 1 accounts
Last 180 days
4
filings
  • 2 address
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-04-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-04-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2026-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-04-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-04-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-04-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-04-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2025-04-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-04-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2025-04-01
    ANDERSON, Matthew James Robert appointed
    director
  11. 2025-04-01
    BIGWOOD, John Peter appointed
    director
  12. 2025-04-01
    DRUCE, Damien Rodney Lee appointed
    director
  13. 2025-03-31
    BRAYBROOK, Scott Lawrence resigned
    director
  14. 2024-11-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2024-10-31
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  16. 2024-10-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2024-09-27
    🔒
    Charge registered #2
    Lender: Clive Patrick Farrell
  18. 2024-08-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2024-08-22
    🔒
    Charge registered #1
    Lender: Monument Bank Limited
  20. 2024-05-01
    BRAYBROOK, Scott Lawrence appointed
    director
  21. 2024-05-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2023-02-10
    🏢
    Company incorporated
    As BATH AND WEST FINANCE 5 LIMITED
  23. 2023-02-10
    SMITH, Martyn Scott appointed
    director
  24. 2023-02-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  25. 2023-02-10
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

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 65. Approaching typical UK retirement age — succession thinking likely.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Bath And West Finance Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Bath And West Finance Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
BATH AND WEST FINANCE 5 LIMITED
This company · 14653934

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Bath And West Finance Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control10/02/2023
1 historic (ceased) PSC
  • Mr Martyn Scott Smithceased 10/02/2023· significant influence

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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09264050 · est 2014 · no financials extracted
11y
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04347771 · est 2002 · no financials extracted
24y
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03063801 · est 1995 · no financials extracted
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16886100 · est 2025 · no financials extracted
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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
Typeltd
Incorporated2023-02-10
Jurisdictionengland-wales
Primary SIC64922 — Activities of mortgage finance companies

Registered office

York House 1300 Parkway North
Stoke Gifford
Bristol
BS34 8YU
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-02-16
Last: 2026-02-02

Officers (4 active · 1 resigned)

ANDERSON, Matthew James Robert
director · ~62y · appointed 2025-04-01
View their other companies + combined net worth →
Active
BIGWOOD, John Peter
director · ~59y · appointed 2025-04-01
View their other companies + combined net worth →
Active
DRUCE, Damien Rodney Lee
director · ~47y · appointed 2025-04-01
View their other companies + combined net worth →
Active
SMITH, Martyn Scott
director · ~65y · appointed 2023-02-10
View their other companies + combined net worth →
Active
BRAYBROOK, Scott Lawrence
director · ~58y · appointed 2024-05-01 · resigned 2025-03-31
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Clive Patrick Farrell / Rajna Farrell / Mdp Trustees (Company Number 07106837) / Trustees of the Traitbond Pension Scheme
Clive Patrick Farrell / Rajna Farrell / Mdp Trustees Limited (Company Number 07106837) / Trustees of the Traitbond Pension Scheme
A registered charge1 property27/09/2024
outstanding
Monument Bank
Monument Bank Limited
A registered charge22/08/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (20 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-03
appoint-person-director-company-with-name-date
officers · AP01
2025-04-07
appoint-person-director-company-with-name-date
officers · AP01
2025-04-07
change-person-director-company-with-change-date
officers · CH01
2025-04-07
change-person-director-company-with-change-date
officers · CH01
2025-04-07
appoint-person-director-company-with-name-date
officers · AP01
2025-04-02
termination-director-company-with-name-termination-date
officers · TM01
2025-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-06
accounts-with-accounts-type-dormant
accounts · AA
2024-11-21
change-account-reference-date-company-previous-extended
accounts · AA01
2024-10-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-27