BAIN DECOR COMPANY LIMITED

💤Zombieactive
SC505819 · ltd · incorporated 2015-05-13
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 May 2025
Net worth
£938
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Painting
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (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 (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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £938
Net assets shrinking
Down £18,469 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£938
↓ 95% YoY
Current Assets
£5k
↓ 77% YoY
Current Liabilities
£0£5k£10k£14k£19k£24kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-312024-05-31
Total assets£9.7k£32.3k
Current assets£5.5k£24.1k
Net assets£938£19.4k

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
2
filings
  • 2 address
Last 90 days
6
filings
  • 2 address
  • 2 persons-with-significant-control
  • 1 confirmation-statement
Last 180 days
7
filings
  • 2 address
  • 2 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-04-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-04-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2026-03-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2026-03-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2026-02-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2026-02-16
    BAIN, Gillian resigned
    director
  7. 2025-11-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2025-02-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-08-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-09-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-10-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-11-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-08-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-02-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-11-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-02-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-05-13
    🏢
    Company incorporated
    As BAIN DECOR COMPANY LIMITED
  18. 2015-05-13
    BAIN, Gillian appointed
    secretary
  19. 2015-05-13
    BAIN, Mark appointed
    director
  20. 2015-05-13
    BAIN, Gillian appointed
    director

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 name in company name: Company name contains director surname "BAIN" — strong identity link between founder and business.

Succession & seller-readiness

50/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Mark Bain
Individual · British · DOB 08/1974 · age 52
75100%
75–100%board control75-100% shares · 75-100% voting · board control14/05/2016
1 historic (ceased) PSC
  • Mrs Gillian Bainceased 18/03/2026· 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.

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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
Incorporated2015-05-13
Jurisdictionscotland
Primary SIC43341 — Painting

Registered office

7 Edmond Gardens
Kingswells
Aberdeen
AB15 8PL
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-04-06
Last: 2026-03-23

Officers (2 active · 1 resigned)

BAIN, Gillian
secretary · appointed 2015-05-13
View their other companies + combined net worth →
Active
BAIN, Mark
director · ~52y · appointed 2015-05-13
View their other companies + combined net worth →
Active
BAIN, Gillian
director · ~50y · appointed 2015-05-13 · resigned 2026-02-16
Resigned

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

Recent filings (27 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-14
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-23
termination-director-company-with-name-termination-date
officers · TM01
2026-02-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-19
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-20
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-25
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-14