BBSN LIMITED

💤Zombieactive
SC721218 · ltd · incorporated 2022-01-27
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
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Turnover
year to Jan 2024
Net worth
£19.3k
book net assets
Opportunity
61/100
Worth a look
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What this business does
Primary activity: SIC 47640
Sector: Wholesale & retail
Investor take
Special-situation opportunity
Distressed retail with salvageable qualities — special-situations priority.

Opportunity 61/100 (worth a look), bankability 50/100. 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: share sale to pe / searcher (38/100).

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £19,347

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£19k
↑ 64% YoY
Current Assets
£41k
↑ 35% YoY
Current Liabilities
£0£8k£16k£25k£33k£41kJan 2023Jan 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-01-312023-01-31
Total assets£30.3k£19.9k
Current assets£41.2k£30.5k
Net assets£19.3k£11.8k

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
3
filings
  • 1 confirmation-statement
  • 1 address
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-11-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-11-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-09-30
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2025-02-11
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  5. 2024-12-31
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2024-02-17
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2024-02-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-12-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2023-05-26
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2023-04-18
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2022-01-27
    🏢
    Company incorporated
    As BBSN LIMITED
  12. 2022-01-27
    GERRARD, Ian Stuart appointed
    director
  13. 2022-01-27
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
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.

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: 2025-10-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ian Stuart Gerrard
Individual · British · DOB 07/1973 · age 53
75100%
75–100%board control75-100% shares · 75-100% voting · board control27/01/2022

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 →
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Company details

Statusactive
Typeltd
Incorporated2022-01-27
Jurisdictionscotland
Primary SIC47640 — SIC 47640

Registered office

378a Dumbarton Road
Glasgow
G11 6RZ
Scotland

Filing status

Accounts
Next due: 2025-10-31OVERDUE
Last made up to: 2024-01-31
Confirmation statement
Next due: 2027-02-09
Last: 2026-01-26

Officers (1 active · 0 resigned)

GERRARD, Ian Stuart
director · ~53y · appointed 2022-01-27
View their other companies + combined net worth →
Active

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

Recent filings (15 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-11
gazette-filings-brought-up-to-date
gazette · DISS40
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-27
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-02-11
gazette-notice-compulsory
gazette · GAZ1
2024-12-31
gazette-filings-brought-up-to-date
gazette · DISS40
2024-02-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-14
gazette-notice-compulsory
gazette · GAZ1
2023-12-26
gazette-filings-brought-up-to-date
gazette · DISS40
2023-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-25
gazette-notice-compulsory
gazette · GAZ1
2023-04-18
incorporation-company
incorporation · NEWINC
2022-01-27