BSR DEVELOPMENTS LTD

🌿Early-stageactive
15640588 · ltd · incorporated 2024-04-12
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 Apr 2025
Net worth
£-216
book net assets
Opportunity
59/100
Worth a look
🔔
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What this business does
Primary activity: Manufacture of other builders' carpentry and joinery
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 59/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (70/100)

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
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review 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 £216

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
-£216
Current Assets
£3k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-04-30
Total assets£39
Current assets£2.8k
Net assets£-216

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
5
filings
  • 3 officers
  • 1 gazette
  • 1 dissolution
Last 180 days
14
filings
  • 9 officers
  • 2 persons-with-significant-control
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-04-16
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2026-04-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-04-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2026-04-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2026-04-11
    BROWN, Dorothy resigned
    director
  7. 2026-04-11
    BROWN, Jessica Lilly resigned
    director
  8. 2026-04-11
    BROWN, Mollie Rhianne resigned
    director
  9. 2025-12-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2025-12-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2025-12-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2025-12-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2025-12-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2025-12-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2025-12-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2025-12-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2025-12-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2025-06-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2024-04-12
    🏢
    Company incorporated
    As BSR DEVELOPMENTS LTD
  20. 2024-04-12
    BROWN, Paul appointed
    director
  21. 2024-04-12
    BROWN, Dorothy appointed
    director
  22. 2024-04-12
    BROWN, Jessica Lilly appointed
    director
  23. 2024-04-12
    BROWN, Mollie Rhianne appointed
    director
  24. 2024-04-12
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The 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.
  • +Young company: Only 2.2 years old — management layer unlikely to be developed.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high · 1 med ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-25

3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BROWN, Dorothy resigned 2026-04-11; BROWN, Jessica Lilly resigned 2026-04-11; BROWN, Mollie Rhianne resigned 2026-04-11

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Paul Brown
Individual · British · DOB 07/1969 · age 57
75100%
75–100%board control75-100% shares · 75-100% voting · board control12/04/2024

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2024-04-12
Jurisdictionengland-wales
Primary SIC16230 — Manufacture of other builders' carpentry and joinery

Registered office

14 North Moor Road
Scotter
Gainsborough
Lincolnshire
DN21 3HT
England

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-04-25OVERDUE
Last: 2025-04-11

Officers (1 active · 3 resigned)

BROWN, Paul
director · ~57y · appointed 2024-04-12
View their other companies + combined net worth →
Active
BROWN, Dorothy
director · ~85y · appointed 2024-04-12 · resigned 2026-04-11
Resigned
BROWN, Jessica Lilly
director · ~31y · appointed 2024-04-12 · resigned 2026-04-11
Resigned
BROWN, Mollie Rhianne
director · ~28y · appointed 2024-04-12 · resigned 2026-04-11
Resigned

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

Recent filings (17 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-28
dissolution-application-strike-off-company
dissolution · DS01
2026-04-16
termination-director-company-with-name-termination-date
officers · TM01
2026-04-16
termination-director-company-with-name-termination-date
officers · TM01
2026-04-16
termination-director-company-with-name-termination-date
officers · TM01
2026-04-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-13
change-person-director-company-with-change-date
officers · CH01
2025-12-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-12
change-person-director-company-with-change-date
officers · CH01
2025-12-12
change-person-director-company-with-change-date
officers · CH01
2025-12-12
change-person-director-company-with-change-date
officers · CH01
2025-12-12
change-person-director-company-with-change-date
officers · CH01
2025-12-12
change-person-director-company-with-change-date
officers · CH01
2025-12-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-05