MIDAS CAMPERS LTD

💤Zombieactive
SC749502 · ltd · incorporated 2022-11-07
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 Mar 2025
Net worth
£377.0k
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: SIC 45190
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 70/100. 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: high (80/100)

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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £376,960
Cash YoY
-10%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£223k
↓ 10% YoY
Net Worth
£377k
↑ 255% YoY
Current Assets
£1.1m
↑ 73% YoY
Current Liabilities
£0£228k£455k£683k£910k£1.1mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£377.0k£106.1k
Current assets£1.14M£657.7k
Cash£222.6k£248.6k
Debtors£287.5k£107.5k
Net assets£377.0k£106.1k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2024-10-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2024-09-04
    GREY, Spencer resigned
    director
  5. 2024-09-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-08-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-06-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-06-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2023-06-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-04-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2023-04-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2023-03-14
    GREY, Spencer appointed
    director
  13. 2023-03-14
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  14. 2023-03-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2023-03-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2023-03-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2022-11-07
    🏢
    Company incorporated
    As MIDAS CAMPERS LTD
  18. 2022-11-07
    BROWN, Barry David appointed
    director
  19. 2022-11-07
    📄
    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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Bbb Assets Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Bbb Assets Limited
Corporate parent · holds 25-50% shares
significant stake
MIDAS CAMPERS LTD
This company · SC749502

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Bbb Assets Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting30/06/2024
Mr Barry David Brown
Individual · Scottish · DOB 02/1977 · age 49
2550%
25–50%25-50% shares · 25-50% voting07/11/2022
1 historic (ceased) PSC
  • Grey Business Holdings Limitedceased 30/06/2024· 25-50% shares · 25-50% voting

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
Incorporated2022-11-07
Jurisdictionscotland
Primary SIC45190 — SIC 45190

Registered office

11 Abbotsford Business Park
Falkirk
Stirlingshire
FK2 7ZS
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-23
Last: 2025-10-09

Officers (1 active · 1 resigned)

BROWN, Barry David
director · ~49y · appointed 2022-11-07
View their other companies + combined net worth →
Active
GREY, Spencer
director · ~54y · appointed 2023-03-14 · resigned 2024-09-04
Resigned

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

Recent filings (19 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-09
termination-director-company-with-name-termination-date
officers · TM01
2024-09-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-07
change-person-director-company-with-change-date
officers · CH01
2023-06-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-07
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-04-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-03
change-account-reference-date-company-current-extended
accounts · AA01
2023-03-14