BASTIC LTD
🌿Early-stageactive
14719627 · ltd · incorporated 2023-03-09
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 Dec 2024
Net worth
£-43.9k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 76/100 (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: medium (69/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (4 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
19 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 105 (micro)Negative net assets
Liabilities exceed assets by £43,864
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
-£44k
Current Assets
£136k
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-12-31 |
|---|---|
| Total assets | £242.3k |
| Current assets | £135.9k |
| Net assets | £-43.9k |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-11-20📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-07-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-06-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-17➖YATES, Thomas David Simpson resigneddirector
- 2024-12-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-22📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-11-22📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-11-21➕TODD, Celeste appointedsecretary
- 2023-11-21➕ALBERTS, Jan Mauritz appointeddirector
- 2023-11-21➖YATES, Thomas David Simpson resignedsecretary
- 2023-11-21➕YATES, Thomas David Simpson appointeddirector
- 2023-10-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-10📄second-filing-capital-allotment-sharescapital · RP04SH01
- 2023-09-05➕CHOWLES, Jacques appointeddirector
- 2023-09-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-08-30📄capital-allotment-sharescapital · SH01
- 2023-07-25📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-07-24➕YATES, Thomas David Simpson appointedsecretary
- 2023-03-09🏢Company incorporatedAs BASTIC LTD
- 2023-03-09➕TODD, Adrian appointeddirector
- 2023-03-09📄incorporation-companyincorporation · NEWINC
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Adrian Todd Individual · British · DOB 10/1975 · age 51 | 50–75% | 50–75% | 50-75% shares · 50-75% voting · firm interest | 09/03/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · MK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AURORA FOR GOOD LTD→ 11385155 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AUTOPUMPS UK LTD→ 06229026 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| AVLS REMOVALS LTD→ 14511064 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AXONFLOW LTD→ 17076266 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AZYMUSUK LIMITED→ 16791232 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BAJGIN LTD→ 16158385 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BAKITAPANO LTD→ 17044889 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BARLEY & BLOOM TRADING CO. LIMITED→ 16792186 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BASIC PLUMBING & ELECTRICAL SUPPLY LTD→ 13863982 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BASTINRA LTD→ 10382701 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BATHROOM VALUE LIMITED→ 16663511 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BCUK SERVICES LTD→ 15321530 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2023-03-09
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade
Registered office
6b Church Street
Stony Stratford
Milton Keynes
MK11 1BD
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-18
Last: 2025-09-04
Officers (4 active · 2 resigned)
Active
ALBERTS, Jan Mauritz→
Activedirector · ~66y · appointed 2023-11-21
View their other companies + combined net worth →
CHOWLES, Jacques→
Activedirector · ~46y · appointed 2023-09-05
View their other companies + combined net worth →
TODD, Adrian→
Activedirector · ~51y · appointed 2023-03-09
View their other companies + combined net worth →
YATES, Thomas David Simpson→
Resignedsecretary · appointed 2023-07-24 · resigned 2023-11-21
YATES, Thomas David Simpson→
Resigneddirector · ~76y · appointed 2023-11-21 · resigned 2025-06-17
Click a director name to see their full track record across all companies.
Recent filings (19 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-27
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-11-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-28
termination-director-company-with-name-termination-date
officers · TM01
2025-06-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-11
appoint-person-director-company-with-name-date
officers · AP01
2023-11-22
appoint-person-director-company-with-name-date
officers · AP01
2023-11-22
appoint-person-secretary-company-with-name-date
officers · AP03
2023-11-22
termination-secretary-company-with-name-termination-date
officers · TM02
2023-11-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-19
second-filing-capital-allotment-shares
capital · RP04SH01
2023-09-10
appoint-person-director-company-with-name-date
officers · AP01
2023-09-05