BRIDGE STREET (NEWPORT) LIMITED

🌱Startupactive
16267527 · ltd · incorporated 2025-02-21
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
63/100
Worth a look
🔔
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 60/100. 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: strategic trade sale (63/100).

🏦

Refinance opportunity

2 live charges · oldest 0.5y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 0.5 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: low (50/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
9 connected companies via shared directors
72
Filing history
4 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth 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
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
3
filings
  • 2 mortgage
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2026-07-15
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  2. 2026-02-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2026-02-17
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  4. 2026-01-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2026-01-16
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  6. 2025-02-21
    🏢
    Company incorporated
    As BRIDGE STREET (NEWPORT) LIMITED
  7. 2025-02-21
    EL KHATIB, Laith appointed
    director
  8. 2025-02-21
    FALLON, Michael Patrick appointed
    director
  9. 2025-02-21
    HOBBS, Rhidian James Giles appointed
    director
  10. 2025-02-21
    SMITH, Michael Howard Mead appointed
    director
  11. 2025-02-21
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

45/100
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.
  • +Young company: Only 1.4 years old — management layer unlikely to be developed.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-03-06

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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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
Incorporated2025-02-21
Jurisdictionengland-wales
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

Fitzalan House
Fitzalan Road
Cardiff
CF24 0EL
Wales

Filing status

Accounts
Next due: 2026-11-21
Last made up to:
Confirmation statement
Next due: 2026-03-06OVERDUE
Last:

Officers (4 active · 0 resigned)

EL KHATIB, Laith
director · ~48y · appointed 2025-02-21
View their other companies + combined net worth →
Active
FALLON, Michael Patrick
director · ~49y · appointed 2025-02-21
View their other companies + combined net worth →
Active
HOBBS, Rhidian James Giles
director · ~45y · appointed 2025-02-21
View their other companies + combined net worth →
Active
SMITH, Michael Howard Mead
director · ~47y · appointed 2025-02-21
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
A registered charge1 property17/02/2026
outstanding
National Westminster Bank
National Westminster Bank PLC
A registered charge16/01/2026
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (4 total)

change-account-reference-date-company-previous-extended
accounts · AA01
2026-07-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-26
incorporation-company
incorporation · NEWINC
2025-02-21