BCTW LIMITED

💤Zombieactive
NI678673 · ltd · incorporated 2021-04-21
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 Apr 2025
Net worth
£-29.6k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -39% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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
Network not yet resolved
30
Filing history
14 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
65
Adequate — check latest filings for context.
Acquirability
70
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 · accounting standard not declared
Negative net assets
Liabilities exceed assets by £29,572
Net assets shrinking
Down £29,750 YoY
Cash YoY
-39%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£4k
↓ 39% YoY
Net Worth
-£30k
↓ 16713% YoY
Current Assets
£46k
↓ 35% YoY
Current Liabilities
-£30k-£9k£11k£31k£51k£71kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£-29.6k£178
Current assets£46.3k£71.4k
Cash£3.7k£6.1k
Debtors£2.6k£5.3k
Net assets£-29.6k£178

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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-01-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-08-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-08-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-05-25
    WALKINGSHAW, Terry resigned
    director
  6. 2025-01-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-01-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-08-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-01-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-04-21
    🏢
    Company incorporated
    As BCTW LIMITED
  11. 2021-04-21
    CURRIE, Bridget appointed
    director
  12. 2021-04-21
    WALKINGSHAW, Terry appointed
    director
  13. 2021-04-21
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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 Bridget Currie
Individual · British · DOB 04/1959 · age 67
75100%
75–100%75-100% shares · 75-100% voting21/04/2021
1 historic (ceased) PSC
  • Mr Terry Walkingshawceased 25/05/2025· 25-50% shares · 25-50% voting

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

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
Incorporated2021-04-21
Jurisdictionnorthern-ireland
Primary SIC56102 — Unlicenced restaurants and cafes

Registered office

34 Tannyoky Road Poyntzpass
Newry
Co. Down
BT35 6RG
Northern Ireland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-05-04
Last: 2026-04-20

Officers (1 active · 1 resigned)

CURRIE, Bridget
director · ~67y · appointed 2021-04-21
View their other companies + combined net worth →
Active
WALKINGSHAW, Terry
director · ~69y · appointed 2021-04-21 · resigned 2025-05-25
Resigned

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

Recent filings (14 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-12
termination-director-company-with-name-termination-date
officers · TM01
2025-08-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-18
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-25
incorporation-company
incorporation · NEWINC
2021-04-21