BEAR ELLICE LIMITED

💤Zombieactive
SC149154 · ltd · incorporated 1994-02-18
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 Feb 2025
Net worth
£30.2k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Asset-holding vehicle with a 64-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 64). 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 (73/100).

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
6 officers (1 active, 6 linked, 1 with DOB)
73
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
93 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red 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 £30,206
Net assets shrinking
Down £131,829 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£30k
↓ 81% YoY
Current Assets
£111k
↑ 539% YoY
Current Liabilities
—
£0£32k£65k£97k£130k£162kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-28
Total assets£32.3k£160.8k
Current assets£111.4k£17.4k
Net assets£30.2k£162.0k

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
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-11-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-02-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2022-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-04-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2022-02-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-01-09
    ➖
    HMS SECRETARIES LIMITED resigned
    corporate-secretary
  9. 2021-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-11-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-10-24
    ➖
    CALEDONIAN ENERGY MANAGEMENT LIMITED resigned
    corporate-secretary
  15. 2016-10-24
    ➕
    HMS SECRETARIES LIMITED appointed
    corporate-secretary
  16. 2014-07-23
    ➕
    CALEDONIAN ENERGY MANAGEMENT LIMITED appointed
    corporate-secretary
  17. 2014-07-23
    ➖
    HMS SECRETARIES LIMITED resigned
    corporate-secretary
  18. 2014-06-25
    ➕
    HMS SECRETARIES LIMITED appointed
    corporate-secretary
  19. 2014-06-25
    ➖
    LYCIDAS SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  20. 1994-09-23
    ➕
    GREY, Simon Temple appointed
    director
  21. 1994-09-23
    ➖
    LYCIDAS NOMINEES LIMITED resigned
    corporate-nominee-director
  22. 1994-02-18
    🏢
    Company incorporated
    As BEAR ELLICE LIMITED
  23. 1994-02-18
    ➕
    LYCIDAS SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  24. 1994-02-18
    ➕
    LYCIDAS NOMINEES LIMITED appointed
    corporate-nominee-director

Owner dependency

93/100
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.
  • +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

95/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 32 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Simon Temple Grey
Individual · British · DOB 01/1962 · age 64
25–50%
—25-50% shares06/04/2016
Mrs Holly Grey
Individual · British · DOB 02/1970 · age 56
25–50%
—25-50% shares06/04/2016

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

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
Incorporated1994-02-18
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

5 Findhorn House Dochfour Business Centre
Dochgarroch
Inverness
IV3 8GY
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-19
Last: 2026-03-05

Officers (1 active · 5 resigned)

GREY, Simon Temple→
director · ~64y · appointed 1994-09-23
View their other companies + combined net worth →
Active
CALEDONIAN ENERGY MANAGEMENT LIMITED→
corporate-secretary · appointed 2014-07-23 · resigned 2016-10-24
Resigned
HMS SECRETARIES LIMITED→
corporate-secretary · appointed 2016-10-24 · resigned 2022-01-09
Resigned
HMS SECRETARIES LIMITED→
corporate-secretary · appointed 2014-06-25 · resigned 2014-07-23
Resigned
LYCIDAS SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 1994-02-18 · resigned 2014-06-25
Resigned
LYCIDAS NOMINEES LIMITED→
corporate-nominee-director · appointed 1994-02-18 · resigned 1994-09-23
Resigned

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

Recent filings (93 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-29
termination-secretary-company-with-name-termination-date
officers · TM02
2022-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-07
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-13