{"name":"BATHAMS (DELPH) LIMITED","company_number":"01501306","status":"Active","type":"Private Limited Company","incorporated":"1980-06-11","dissolved":null,"registered_office":"The Delph, Brierley Hill, West Midlands, DY5 2TN","postcode":"DY5 2TN","sic_codes":[{"code":11050,"description":"Manufacture of beer"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Small","year_end":"30 June","last_made_up_to":"2025-06-30","next_due":"2027-03-31"},"employees":{"count":109,"accounts_date":"2025-06-30"},"financials":[{"financial_date":"2025-06-30","net_assets":1359813,"cash":1100521,"average_employees":109},{"financial_date":"2024-06-30","net_assets":1227389,"cash":1157915,"average_employees":111},{"financial_date":"2023-06-30","net_assets":1072276,"cash":882755},{"financial_date":"2022-06-30","net_assets":1525314,"cash":1131747}],"officers":{"current":4,"resigned":2,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Bathams (Delph) Limited demonstrates the financial profile of a well-managed, conservatively-financed regional family brewery with strong liquidity and growing retained earnings, but faces the strategic challenge common to small tied-house brewers: an ageing asset base requiring capital investment while operating in a cost-inflationary environment. The £132,000 growth in net assets during FY2025 signals healthy underlying trading, yet the net disinvestment in tangible fixed assets (depreciation exceeding additions by £20,260) and the significant increase in intercompany balances warrant careful monitoring. The company's heritage positioning and debt-free balance sheet provide a solid foundation, but succession planning and capital allocation decisions will determine whether this sixth-generation business can sustain its competitive position against larger, better-capitalised regional competitors.","website":"https://bathams.co.uk/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/bathams-(delph)","people":"https://www.companiesintheuk.co.uk/company/bathams-(delph)/people","filing_history":"https://www.companiesintheuk.co.uk/company/bathams-(delph)/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/01501306","financials":"https://www.companiesintheuk.co.uk/company/bathams-(delph)/financial","control":"https://www.companiesintheuk.co.uk/company/bathams-(delph)/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/bathams-(delph)/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/bathams-(delph)"}