BAWBAGS LIMITED

🌳Matureactive
SC321771 · ltd · incorporated 2007-04-19
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 18.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
—
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: SIC 14141
Sector: Manufacturing
ALSO REGISTERED FOR
  • 47910Retail sale via mail order houses or via Internet
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 18.5y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 18.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (4 active, 8 linked, 5 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-08-312024-08-31
Average employees6600

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
2
filings
  • • 1 accounts
  • • 1 capital
Last 180 days
2
filings
  • • 1 accounts
  • • 1 capital
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-03-05
    📄
    capital-allotment-shares
    capital · SH01
  3. 2025-03-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-12-18
    📄
    second-filing-capital-allotment-shares
    capital · RP04SH01
  5. 2024-12-09
    📄
    capital-allotment-shares
    capital · SH01
  6. 2024-10-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2024-04-30
    📄
    capital-allotment-shares
    capital · SH01
  8. 2024-04-19
    ➕
    MACDONALD, William John appointed
    director
  9. 2024-03-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-04-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-07-25
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2022-07-25
    📄
    capital-alter-shares-subdivision
    capital · SH02
  13. 2022-04-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-02-14
    📄
    capital-alter-shares-subdivision
    capital · SH02
  15. 2021-03-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-04-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2011-09-29
    ➖
    ANDERSON, Darren resigned
    director
  20. 2008-03-28
    ➕
    ANDERSON, Darren appointed
    director
  21. 2007-10-22
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  22. 2007-09-11
    ➖
    ANDERSON, Darren resigned
    director
  23. 2007-04-19
    🏢
    Company incorporated
    As BAWBAGS LIMITED
  24. 2007-04-19
    ➕
    WHYTE, Alan Frederick appointed
    secretary
  25. 2007-04-19
    ➕
    REID, Colin appointed
    director
  26. 2007-04-19
    ➕
    WHYTE, Alan Frederick appointed
    director
  27. 2007-04-19
    ➕
    SAME-DAY COMPANY SERVICES LIMITED appointed
    corporate-nominee-secretary
  28. 2007-04-19
    ➖
    SAME-DAY COMPANY SERVICES LIMITED resigned
    corporate-nominee-secretary
  29. 2007-04-19
    ➕
    ANDERSON, Darren appointed
    director
  30. 2007-04-19
    ➕
    WILDMAN & BATTELL LIMITED appointed
    corporate-nominee-director
  31. 2007-04-19
    ➖
    WILDMAN & BATTELL LIMITED resigned
    corporate-nominee-director

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
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

63/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 19 years.
  • 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 Alan Frederick Whyte
Individual · British · DOB 01/1961 · age 65
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Colin Reid
Individual · British · DOB 11/1962 · age 64
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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
Incorporated2007-04-19
Jurisdictionscotland
Primary SIC14141 — SIC 14141

Registered office

Bawbags Ltd. C/O React Transport Ltd.
11 Nettlehill Rd, Houstoun Ind Est
Livingston
West Lothian
EH54 5DL
United Kingdom

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-10-19
Last: 2025-10-05

Officers (4 active · 4 resigned)

WHYTE, Alan Frederick→
secretary · appointed 2007-04-19
View their other companies + combined net worth →
Active
MACDONALD, William John→
director · ~44y · appointed 2024-04-19
View their other companies + combined net worth →
Active
REID, Colin→
director · ~64y · appointed 2007-04-19
View their other companies + combined net worth →
Active
WHYTE, Alan Frederick→
director · ~65y · appointed 2007-04-19
View their other companies + combined net worth →
Active
SAME-DAY COMPANY SERVICES LIMITED→
corporate-nominee-secretary · appointed 2007-04-19 · resigned 2007-04-19
Resigned
ANDERSON, Darren→
director · ~54y · appointed 2008-03-28 · resigned 2011-09-29
Resigned
ANDERSON, Darren→
director · ~54y · appointed 2007-04-19 · resigned 2007-09-11
Resigned
WILDMAN & BATTELL LIMITED→
corporate-nominee-director · appointed 2007-04-19 · resigned 2007-04-19
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Bond & floating charge1 property22/10/2007—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (70 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-20
capital-allotment-shares
capital · SH01
2026-03-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-13
second-filing-capital-allotment-shares
capital · RP04SH01
2024-12-18
capital-allotment-shares
capital · SH01
2024-12-09
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-16
appoint-person-director-company-with-name-date
officers · AP01
2024-10-16
capital-allotment-shares
capital · SH01
2024-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-05
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-26
resolution
resolution · RESOLUTIONS
2022-07-25
capital-alter-shares-subdivision
capital · SH02
2022-07-25