RICHARD BAIN LTD

💤Zombieactive

SC451727 · ltd · incorporated 2013-06-06

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 Jul 2025

Net worth

£8.6k

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: Financial intermediation not elsewhere classified

Sector: Financial & insurance

Investor take

Pursue

Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 71). 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 (73/100).

Data confidence

Overall: medium (76/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 1 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

41 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £8,649

Net assets shrinking

Down £3,375 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£9k

↓ 28% YoY

Current Assets

£13k

↓ 16% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-07-31	2024-07-31
Total assets	£8.6k	£12.0k
Current assets	£12.6k	£15.0k
Net assets	£8.6k	£12.0k

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (21 events)Click to expand

2025-09-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-26
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-06-26
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-06-26
📄
change-person-secretary-company-with-change-date
officers · CH03
2020-06-26
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-06-26
📄
change-person-director-company-with-change-date
officers · CH01
2019-12-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-13
📄
change-person-director-company-with-change-date
officers · CH01
2019-06-13
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-06-13
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-06-13
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-06-13
📄
change-person-secretary-company-with-change-date
officers · CH03
2018-12-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2013-06-06
🏢
Company incorporated
As RICHARD BAIN LTD
2013-06-06
➕
BAIN, Kathleen Isobel appointed
secretary
2013-06-06
➕
BAIN, Charles Richard 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.
+Founder name in company name: Company name contains director surname "BAIN" — strong identity link between founder and business.
+Founder age: Director aged approximately 71 — succession pressure is live.
+No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

88/100

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 71 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 13 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Charles Richard Bain Individual · British · DOB 02/1955 · age 71	50–75%	50–75%	50-75% shares · 50-75% voting	06/04/2016
Mrs Kathleen Isobel Bain Individual · British · DOB 06/1960 · age 66	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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BAILLIE WIND FARM COMMUNITY BENEFIT FUND→ SC455608 · est 2013	—	—	£-2.3k	—	12y	61	84y
ILEASE LTD→ SC882582 · est 2026 · no financials extracted	—	—	—	—	—	—	—
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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

Incorporated2013-06-06

Jurisdictionscotland

Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

Newton View

Hempriggs Row

Wick

Caithness

KW1 5TP

Scotland

Filing status

Accounts

Next due: 2027-04-30

Last made up to: 2025-07-31

Confirmation statement

Next due: 2026-06-20

Last: 2025-06-06

Officers (2 active · 0 resigned)

BAIN, Kathleen Isobel→

secretary · appointed 2013-06-06

View their other companies + combined net worth →

Active

BAIN, Charles Richard→

director · ~71y · appointed 2013-06-06

View their other companies + combined net worth →

Active

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