BUBBLES WHOLESALE LIMITED

💤Zombieactive
NI603437 · ltd · incorporated 2010-06-14
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£1.84M
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
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
1 connected companies via shared directors
48
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1,840,293
Cash YoY
-13%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£490k
↓ 13% YoY
Net Worth
£1.8m
↑ 29% YoY
Current Assets
£3.0m
↑ 28% YoY
Current Liabilities
—
£0£594k£1.2m£1.8m£2.4m£3.0mJun 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
Total assets£1.84M£1.42M
Current assets£2.97M£2.32M
Cash£490.5k£564.2k
Debtors£1.17M£1.23M
Net assets£1.84M£1.42M

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-10-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-04-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2024-08-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-10-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2022-10-04
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2022-02-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2020-11-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2020-03-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2019-05-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2019-05-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2019-05-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2019-05-27
    ➕
    MACKIN, Veronica appointed
    director
  13. 2019-05-27
    ➖
    MACKIN, Ken resigned
    director
  14. 2019-03-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2018-03-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2017-02-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-07-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2010-06-14
    🏢
    Company incorporated
    As BUBBLES WHOLESALE LIMITED
  19. 2010-06-14
    ➕
    MACKIN, Ken appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ms Veronica Mackin
Individual · Irish · DOB 07/1971 · age 55
75–100%
75–100%75-100% shares · 75-100% voting11/07/2016
1 historic (ceased) PSC
  • Mr Kenneth Mackinceased 27/05/2019· 75-100% shares · 75-100% voting · board control · 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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——4912y8374y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2010-06-14
Jurisdictionnorthern-ireland
Primary SIC46900 — Non-specialised wholesale trade

Registered office

38 Maphoner Road
Mullaghbawn
Newry
Co Down
BT35 9TR

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-13
Last: 2025-05-30

Officers (1 active · 1 resigned)

MACKIN, Veronica→
director · ~55y · appointed 2019-05-27
View their other companies + combined net worth →
Active
MACKIN, Ken→
director · ~57y · appointed 2010-06-14 · resigned 2019-05-27
Resigned

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

Recent filings (41 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-04
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-02-07
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-03-30
confirmation-statement-with-updates
confirmation-statement · CS01
2019-08-14