BAY-ONE FOR AFRICA LIMITED

🚨Distressedactive
SC482154 · ltd · incorporated 2014-07-15
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
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Turnover
year to Jul 2024
Net worth
£-239.6k
book net assets
Opportunity
69/100
Strong
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What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).

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
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £239,603

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£240k
Current Assets
£21k
Current Liabilities
-£240k-£188k-£135k-£83k-£31k£21kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-07-312023-07-31
Total assets£-143.7k
Current assets£20.9k
Net assets£-239.6k
Average employees300

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2023-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-07-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2022-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-07-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2018-07-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2018-07-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2018-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-08-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2017-08-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2017-08-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2015-04-28
    MCMURTRIE, Sayam Millar appointed
    director
  18. 2014-10-17
    CHURCH, Rodney Ian appointed
    director
  19. 2014-07-15
    🏢
    Company incorporated
    As BAY-ONE FOR AFRICA LIMITED
  20. 2014-07-15
    MCMURTRIE, Sujatha Molly appointed
    director

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-04-30

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ms Sujatha Molly Mcmurtrie
Individual · British · DOB 05/1962 · age 64
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Rodney Ian Church
Individual · South African · DOB 08/1957 · age 69
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
3 historic (ceased) PSCs
  • Mr Sayam Millar Mcmurtrieceased 06/04/2016· board control
  • Ms Sujatha Molly Mcmurtrieceased 06/04/2016· 25-50% shares · 25-50% voting · board control
  • Mr Rodney Ian Churchceased 06/04/2016· 25-50% shares · 25-50% voting · board control

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

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.

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
Incorporated2014-07-15
Jurisdictionscotland
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

12 Cathkin Road Langside
Glasgow
Strathclyde
G42 9UB

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-07-29
Last: 2025-07-15

Officers (3 active · 0 resigned)

CHURCH, Rodney Ian
director · ~69y · appointed 2014-10-17
View their other companies + combined net worth →
Active
MCMURTRIE, Sayam Millar
director · ~36y · appointed 2015-04-28
View their other companies + combined net worth →
Active
MCMURTRIE, Sujatha Molly
director · ~64y · appointed 2014-07-15
View their other companies + combined net worth →
Active

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

Recent filings (32 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-26
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2020-07-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-20
confirmation-statement-with-updates
confirmation-statement · CS01
2019-07-22