---
title: "BF1SYSTEMS LIMITED — Ownership Dossier"
canonical: https://whiteintel.dev/entity/d4a79358-e35c-57c5-9708-ae6ea1d89d9b
json: https://whiteintel.dev/api/public/dossier/d4a79358-e35c-57c5-9708-ae6ea1d89d9b
identifier: oo:GB-COH-02902036
jurisdiction: GB
risk: Low
source: WhiteIntel corporate-ownership graph
---

# BF1SYSTEMS LIMITED

**Type:** Company  
**Jurisdiction:** GB  
**Identifier:** `oo:GB-COH-02902036`  
**Risk level:** Low  
**Canonical dossier:** https://whiteintel.dev/entity/d4a79358-e35c-57c5-9708-ae6ea1d89d9b  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/d4a79358-e35c-57c5-9708-ae6ea1d89d9b  

## Ownership & control

### Owners / controllers

- **BF1ELECTRONICS LIMITED** (beneficial owner) — 100% — https://whiteintel.dev/entity/bbf4f326-6b40-54c3-8151-f78e65d0212b
- **BF1ELECTRONICS LIMITED** (beneficial owner) — 87.5% — https://whiteintel.dev/entity/bbf4f326-6b40-54c3-8151-f78e65d0212b

### Holdings / subsidiaries

- **VPG SIM LTD** (beneficial owner) — 100% — https://whiteintel.dev/entity/ea6e3ba3-de80-5fce-9b3f-bd95794f7d8d
- **KA SENSORS LTD** (beneficial owner) — 100% — https://whiteintel.dev/entity/49a83cb2-097b-5cea-add9-8d821e0cc0c5
- **VPG SIM LTD** (beneficial owner) — 87.5% — https://whiteintel.dev/entity/ea6e3ba3-de80-5fce-9b3f-bd95794f7d8d
- **KA SENSORS LTD** (beneficial owner) — 87.5% — https://whiteintel.dev/entity/49a83cb2-097b-5cea-add9-8d821e0cc0c5

### UBO chain (walk to the ultimate owner)

1. **BF1ELECTRONICS LIMITED** — beneficial owner 100% → *BF1SYSTEMS LIMITED*
1. **BF1ELECTRONICS LIMITED** — beneficial owner 87.5% → *BF1SYSTEMS LIMITED*
2. **BF1 TECHNOLOGIES LIMITED** — beneficial owner 100% → *BF1ELECTRONICS LIMITED*
2. **BF1 TECHNOLOGIES LIMITED** — beneficial owner 87.5% → *BF1ELECTRONICS LIMITED*
3. **Mr James Charles Welham** — beneficial owner 100% → *BF1 TECHNOLOGIES LIMITED*
3. **BF1 SOLUTIONS LIMITED** — beneficial owner 100% → *BF1 TECHNOLOGIES LIMITED*
3. **BF1 SOLUTIONS LIMITED** — beneficial owner 87.5% → *BF1 TECHNOLOGIES LIMITED*
3. **Mr James Charles Welham** — beneficial owner 87.5% → *BF1 TECHNOLOGIES LIMITED*
4. **Mr James Charles Welham** — beneficial owner 100% → *BF1 SOLUTIONS LIMITED*
4. **Mr James Charles Welham** — beneficial owner 87.5% → *BF1 SOLUTIONS LIMITED*
4. **BGF GP LIMITED** — beneficial owner 37.5% → *BF1 SOLUTIONS LIMITED*
5. **BGF GROUP PLC** — beneficial owner 87.5% → *BGF GP LIMITED*
5. **Business Growth Fund Plc  (As General Partner Of Bgf Investments Lp)** — beneficial owner 87.5% → *BGF GP LIMITED*
6. **NATWEST GROUP PLC** — ultimate parent → *BUSINESS GROWTH FUND PLC*
6. **NATWEST GROUP PLC** — parent → *BUSINESS GROWTH FUND PLC*
6. **UBERIOR INVESTMENTS LIMITED** — beneficial owner → *BGF GROUP PLC*
6. **HSBC (BGF) INVESTMENTS LIMITED** — beneficial owner → *BGF GROUP PLC*
6. **BARCLAYS FUNDS INVESTMENTS LIMITED** — beneficial owner → *BGF GROUP PLC*
6. **RBS SME INVESTMENTS LIMITED** — beneficial owner → *BGF GROUP PLC*
6. **Business Growth Fund Plc  (As General Partner Of Bgf Investments Lp)** — beneficial owner 87.5% → *BGF GROUP PLC*
6. **BGF GROUP PLC** — beneficial owner 87.5% → *BUSINESS GROWTH FUND LIMITED*

## Company profile (live · UK Companies House)

- **Company number:** `02902036`
- **Status:** active
- **Type:** ltd
- **Incorporated:** 1994-02-24
- **Registered office:** Technical Centre, Owen Road, Diss, Norfolk, IP22 4ER
- **SIC:** 26511, 27320

### Officers

- WELHAM, James Charles — secretary · appointed 2011-09-19
- SHINGLETON, James Ravi — director · British · appointed 2016-11-01
- WELHAM, James Charles — director · British · appointed 2011-01-14
- CANDLER, Clive Robert — secretary · British · appointed 1994-02-24 · resigned 1999-07-07
- CANDLER, Laura Claire — secretary · British · appointed 1999-07-07 · resigned 2002-02-20
- EDEL, Karsten — secretary · German · appointed 2009-01-15 · resigned 2011-01-14
- SANZ, Alexander — secretary · German · appointed 2002-02-20 · resigned 2009-01-15
- SWIFT INCORPORATIONS LIMITED — corporate nominee secretary · appointed 1994-02-24 · resigned 1994-02-24
- BAILEY, Deborah Lyn — director · British · appointed 2013-04-17 · resigned 2016-11-01
- BAILEY, John Michael — director · British · appointed 2005-05-01 · resigned 2016-11-01
- BAILEY, John — director · British · appointed 2001-03-01 · resigned 2004-04-01
- BRANIGAN, Ross Adam — director · British · appointed 2022-01-18 · resigned 2024-03-14
- CANDLER, Clive Robert — director · British · appointed 1994-02-24 · resigned 2002-09-20
- CLEARY, Shay — director · Irish · appointed 2005-05-01 · resigned 2009-11-03
- KNOEDLER, Markus Michael — director · German · appointed 2009-01-15 · resigned 2011-01-14
- LEITCH, Andrew Charles — director · British · appointed 2001-04-30 · resigned 2002-01-21
- MESCHKAT, Reinhard, Dr — director · German · appointed 2007-06-28 · resigned 2009-01-15
- MOSS, Anthony — director · British · appointed 2016-11-01 · resigned 2017-04-25
- NICHOLLS, Lisa Ann — director · British · appointed 1994-02-24 · resigned 1995-10-14
- NORTON, Matthew David — director · British · appointed 2016-11-01 · resigned 2023-01-18

### Beneficial owners (Persons with Significant Control)

- [Bf1 Electronics Limited](https://whiteintel.dev/entity/bbf4f326-6b40-54c3-8151-f78e65d0212b) — 75–100% shares · corporate PSC · England — since 2016-04-06

## Provenance

- OpenOwnership — https://find-and-update.company-information.service.gov.uk/company/02902036
- companies_house_bulk — https://find-and-update.company-information.service.gov.uk/company/02902036

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **BF1SYSTEMS LIMITED**. Human view: https://whiteintel.dev/entity/d4a79358-e35c-57c5-9708-ae6ea1d89d9b · Structured JSON: https://whiteintel.dev/api/public/dossier/d4a79358-e35c-57c5-9708-ae6ea1d89d9b._

_Risk levels are heuristic investigative leads, not legal determinations of beneficial ownership. Every claim carries a source; an absent edge means "not yet observed in current sources", not "does not exist"._