BANFATES FLEET MANAGEMENT LIMITED

🌿Early-stageactive
15745259 · ltd · incorporated 2024-05-28
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 May 2025
Net worth
book net assets
Opportunity
60/100
Worth a look
🔔
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What this business does
Primary activity: Management consultancy activities other than financial management
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 60/100 (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: share sale to pe / searcher (58/100).

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth 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
64
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-31

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
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
3
filings
  • 1 gazette
  • 1 dissolution
  • 1 address
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-05-12
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-05-05
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2026-03-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-11-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-11-02
    📄
    elect-to-keep-the-directors-residential-address-register-information-on-the-public-register
    officers · EH02
  6. 2025-11-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-11-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2025-10-31
    NEVILE, Raman resigned
    director
  9. 2025-08-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2024-05-28
    🏢
    Company incorporated
    As BANFATES FLEET MANAGEMENT LIMITED
  11. 2024-05-28
    BICKLEY, Adam Jake appointed
    director
  12. 2024-05-28
    NEVILE, Raman appointed
    director
  13. 2024-05-28
    📄
    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 2.1 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 low
Confirmation statement overdue
high

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

Evidence: Next due: 2026-06-10

Multiple registered office changes
low

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

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Adam Jake Bickley
Individual · British · DOB 02/1992 · age 34
2550%
25–50%board control25-50% shares · 25-50% voting · board control28/05/2024
1 historic (ceased) PSC
  • Mr Raman Nevileceased 31/10/2025· 25-50% shares · 25-50% voting · board control

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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2024-05-28
Jurisdictionengland-wales
Primary SIC70229 — Management consultancy activities other than financial management

Registered office

9 Lambourne Close
Great Wyrley
Walsall
WS6 6DD
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-10OVERDUE
Last: 2025-05-27

Officers (1 active · 1 resigned)

BICKLEY, Adam Jake
director · ~34y · appointed 2024-05-28
View their other companies + combined net worth →
Active
NEVILE, Raman
director · ~49y · appointed 2024-05-28 · resigned 2025-10-31
Resigned

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

Recent filings (10 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-05-12
dissolution-application-strike-off-company
dissolution · DS01
2026-05-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-02
elect-to-keep-the-directors-residential-address-register-information-on-the-public-register
officers · EH02
2025-11-02
termination-director-company-with-name-termination-date
officers · TM01
2025-11-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-02
accounts-with-accounts-type-dormant
accounts · AA
2025-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-09
incorporation-company
incorporation · NEWINC
2024-05-28