BAUHAUS UNION TERRACE LLP
🌿Early-stageactive
SO307906 · llp · incorporated 2023-12-18
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£300.8k
book net assets
Opportunity
65/100
Strong
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 65/100 (strong), bankability 52/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
6 live charges · 3 lenders · oldest 2.4y
0/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 2.4 years old — likely still in initial term.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (70/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, no SIC, incorporation date
80
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 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
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £300,841
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£301k
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 |
|---|---|
| Total assets | £300.8k |
| Net assets | £300.8k |
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
3
filings
- • 2 mortgage
- • 1 accounts
Last 180 days
4
filings
- • 2 mortgage
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-04-10📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2026-03-19📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2026-03-17🔒Charge registered #6Lender: Recognise Bank Limited
- 2026-03-11📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2026-03-04🔒Charge registered #5Lender: Recognise Bank Limited
- 2026-01-30📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2025-07-18📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2025-07-16🔒Charge registered #4Lender: Tab London Limited
- 2025-07-14📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2025-07-14📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2025-07-14📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2025-07-14🔓Charge satisfied #2
- 2025-07-14🔓Charge satisfied #1
- 2025-07-10🔒Charge registered #3Lender: Tab London Limited
- 2025-01-21📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-01-31📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2024-01-26🔒Charge registered #2Lender: Hope Capital 2 Limited
- 2024-01-22📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2024-01-22🔒Charge registered #1Lender: Hope Capital 2 Limited
- 2023-12-18🏢Company incorporatedAs BAUHAUS UNION TERRACE LLP
- 2023-12-18➕FLAME, Simon Paul appointedllp-designated-member
- 2023-12-18➕FLAME, Susan Maree appointedllp-designated-member
- 2023-12-18📄incorporation-limited-liability-partnershipincorporation · LLIN01
Owner dependency
55/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Young company: Only 2.4 years old — management layer unlikely to be developed.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
2 med ·4 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-03-17: A registered charge; 2026-03-04: A registered charge; 2025-07-16: A registered charge
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Simon Paul Flame Individual · British · DOB 05/1962 · age 64 | — | 75–100% | 75-100% voting | 18/12/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · same sector · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ELGIN INFRASTRUCTURE LIMITED→ SC366432 · est 2009 | £50.96M £38.22M–£63.70M | — | — | 0 | 16y | 94 | 64y |
| MAXI CONSTRUCTION LIMITED→ SC048718 · est 1971 | £9.09M £6.50M–£11.69M | — | — | 40 | 55y | 88 | 82y |
| JOHN G. MACKINTOSH LIMITED→ SC281061 · est 2005 | £6.96M £4.97M–£8.95M | — | — | 241 | 21y | 88 | 66y |
| SEEBYTE LIMITED→ SC194014 · est 1999 | £6.84M £4.88M–£8.79M | £10.82M | — | 8800 | 27y | 92 | 61y |
| DISCOVERY EDUCATION PLC→ SC313681 · est 2006 | £4.97M £3.73M–£6.22M | — | — | 0 | 19y | 90 | 61y |
| STONEHOUSE HOSPITALS LIMITED→ SC251033 · est 2003 | £706.3k £508.5k–£904.0k | — | — | 0 | 22y | 92 | 64y |
| APF INTERNATIONAL FOREST MACHINERY EXHIBITION LTD.→ SC228249 · est 2002 | £278.2k £214.0k–£342.4k | — | — | 500 | 24y | 95 | 79y |
| APS GROUP (SCOTLAND) LIMITED→ SC369510 · est 2009 | £227.4k £170.5k–£284.2k | — | — | 127 | 16y | 88 | 61y |
| ORIGIN FITNESS LIMITED→ SC339149 · est 2008 | £72.4k £54.3k–£90.5k | — | — | 57 | 18y | 98 | 59y |
| HORIZON (GP) LIMITED→ SC493523 · est 2014 | £45.2k £33.3k–£57.1k | — | — | 6 | 11y | 95 | 66y |
| DATS - DESIGN AND TRAINING SOLUTIONS LTD→ SC441708 · est 2013 | £1.5k £1.1k–£1.9k | £81.2k | — | 100 | 13y | 100 | 59y |
| BLACKCRAIG WINDFARM HOLDINGS LIMITED→ SC502633 · est 2015 | — | — | — | 0 | 11y | 89 | 44y |
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
Typellp
Incorporated2023-12-18
Jurisdictionscotland
Primary SIC—
Registered office
Broxmouth House
Dunbar
EH42 1QW
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-31
Last: 2025-12-17
Officers (2 active · 0 resigned)
FLAME, Simon Paul→
Activellp-designated-member · ~64y · appointed 2023-12-18
View their other companies + combined net worth →
FLAME, Susan Maree→
Activellp-designated-member · ~59y · appointed 2023-12-18
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
4
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Recognise Bank Recognise Bank Limited | A registered charge | 2 properties | 17/03/2026 | — | |
| outstanding | Recognise Bank Recognise Bank Limited | A registered charge | — | 04/03/2026 | — | |
| outstanding | Tab London Tab London Limited | A registered charge | 2 properties | 16/07/2025 | — | |
| outstanding | Tab London Tab London Limited | A registered charge | — | 10/07/2025 | — | |
| satisfied | Hope Capital 2 Hope Capital 2 Limited | A registered charge | 2 properties | 26/01/2024 | 14/07/2025 | |
| satisfied | Hope Capital 2 Hope Capital 2 Limited | A registered charge | — | 22/01/2024 | 14/07/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (12 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-04-10
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2026-03-19
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2026-03-11
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2026-01-30
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2025-07-18
mortgage-satisfy-charge-full-limited-liability-partnership
mortgage · LLMR04
2025-07-14
mortgage-satisfy-charge-full-limited-liability-partnership
mortgage · LLMR04
2025-07-14
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2025-07-14
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-01-21
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2024-01-31
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2024-01-22
incorporation-limited-liability-partnership
incorporation · LLIN01
2023-12-18