BAJ INVESTMENTS LIMITED

💤Zombieactive
SC248466 · ltd · incorporated 2003-04-28
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
£-769
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (93/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

5 live charges · 2 lenders · oldest 17.6y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 17.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
77 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £769
Cash YoY
-3%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£53k
↓ 2.7% YoY
Net Worth
-£769
Current Assets
£100k
↓ 1.4% YoY
Current Liabilities
-£769£20k£40k£61k£81k£101kApr 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£-769
Current assets£100.0k£101.4k
Cash£52.9k£54.4k
Debtors£47.0k£47.0k
Net assets£-769

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2026-01-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-07-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2025-07-24
    🔓
    Charge satisfied #4
  5. 2025-07-24
    🔓
    Charge satisfied #2
  6. 2025-04-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-09-23
    GRAVES, Leslie John resigned
    director
  9. 2023-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-09-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2023-09-07
    🔓
    Charge satisfied #5
  12. 2023-01-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-05-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2021-05-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-04-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2020-11-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2020-10-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2020-10-21
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  20. 2020-10-19
    PINSENT MASONS SECRETARIAL LIMITED resigned
    corporate-secretary
  21. 2020-01-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2019-01-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2016-09-06
    🔓
    Charge satisfied #3
  24. 2016-09-06
    🔓
    Charge satisfied #1
  25. 2016-08-17
    🔒
    Charge registered #5
    Lender: Alan John Evett (As Trustee for the Ales Ssas)
  26. 2016-08-17
    🔒
    Charge registered #4
    Lender: Alan John Evett (As Trustee for the Ales Ssas)
  27. 2016-07-08
    PINSENT MASONS SECRETARIAL LIMITED appointed
    corporate-secretary
  28. 2016-07-08
    RAEBURN CHRISTIE CLARK & WALLACE resigned
    corporate-nominee-secretary
  29. 2011-07-19
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC
  30. 2008-09-29
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  31. 2008-09-19
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  32. 2007-09-21
    GRAVES, Leslie John appointed
    director
  33. 2005-05-16
    KENNEDY, David Anthony resigned
    director
  34. 2003-04-28
    🏢
    Company incorporated
    As BAJ INVESTMENTS LIMITED
  35. 2003-04-28
    EVETT, Alan John appointed
    director
  36. 2003-04-28
    RAEBURN CHRISTIE CLARK & WALLACE appointed
    corporate-nominee-secretary
  37. 2003-04-28
    KENNEDY, David Anthony appointed
    director

Owner dependency

100/100
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.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Alan John Evett
Individual · British · DOB 09/1956 · age 70
sig. influencesignificant influence19/05/2021
1 historic (ceased) PSC
  • Raeburn Christie Trustees Limitedceased 31/03/2021· 75-100% shares

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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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
Incorporated2003-04-28
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

13 Golden Square
Aberdeen
AB10 1RH
United Kingdom

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-05-11
Last: 2025-04-27

Officers (1 active · 4 resigned)

EVETT, Alan John
director · ~70y · appointed 2003-04-28
View their other companies + combined net worth →
Active
PINSENT MASONS SECRETARIAL LIMITED
corporate-secretary · appointed 2016-07-08 · resigned 2020-10-19
Resigned
RAEBURN CHRISTIE CLARK & WALLACE
corporate-nominee-secretary · appointed 2003-04-28 · resigned 2016-07-08
Resigned
GRAVES, Leslie John
director · ~71y · appointed 2007-09-21 · resigned 2024-09-23
Resigned
KENNEDY, David Anthony
director · ~61y · appointed 2003-04-28 · resigned 2005-05-16
Resigned

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

Mortgages & charges

5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
satisfied
Alan John Evett (As Trustee for the Ales Ssas) / Leslie John Graves (As Trustee for the Ales Ssas) / Mw Trustees (Company Number 02630203) (as Trustee for the Ales Ssas)
Alan John Evett (As Trustee for the Ales Ssas) / Leslie John Graves (As Trustee for the Ales Ssas) / Mw Trustees Limited (Company Number 02630203) (as Trustee for the Ales Ssas)
A registered charge1 property17/08/201607/09/2023
satisfied
Alan John Evett (As Trustee for the Ales Ssas) / Leslie John Graves (As Trustee for the Ales Ssas) / Mw Trustees (Company Number 02630203) (as Trustee for the Ales Ssas)
Alan John Evett (As Trustee for the Ales Ssas) / Leslie John Graves (As Trustee for the Ales Ssas) / Mw Trustees Limited (Company Number 02630203) (as Trustee for the Ales Ssas)
A registered charge1 property17/08/201624/07/2025
satisfied
Virgin Money
Clydesdale Bank PLC
Standard security1 property19/07/201106/09/2016
satisfied
Virgin Money
Clydesdale Bank PLC
Standard security1 property29/09/200824/07/2025
satisfied
Virgin Money
Clydesdale Bank PLC
Floating charge1 property19/09/200806/09/2016

Recent filings (77 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-13
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-24
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-30
termination-director-company-with-name-termination-date
officers · TM01
2025-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-13
mortgage-satisfy-charge-full
mortgage · MR04
2023-09-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-05-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-04