BARNETT'S(BUGLAWTON)LIMITED

🌳Matureactive
00258042 · ltd · incorporated 1931-07-25
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
74/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 23610
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (strong), bankability 77/100. Strong seller-intent signal (73/100, director aged 83). Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

7 live charges · 4 lenders · oldest 88.3y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 88.3 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 38/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (61/100)

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
No iXBRL financials extracted
0
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
17 officers (4 active, 17 linked, 13 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
129 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (58 events)Click to expand
  1. 2025-06-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-07-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-06-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2024-05-31
    BILLOWS, Mark resigned
    director
  5. 2024-01-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-01-03
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2024-01-03
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  8. 2024-01-01
    TIBBITTS, Jonathan Maxwell appointed
    secretary
  9. 2023-12-31
    ARMSTRONG, Paul resigned
    secretary
  10. 2023-12-31
    ARMSTRONG, Paul resigned
    director
  11. 2023-07-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2022-10-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2022-10-03
    FISHER, Michael Geoffrey appointed
    director
  14. 2022-07-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2021-09-30
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  16. 2021-09-30
    📄
    legacy
    capital · SH20
  17. 2021-09-30
    ⚠️
    legacy
    insolvency · CAP-SS
  18. 2021-09-30
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2021-07-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  20. 2020-07-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2019-07-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  22. 2018-05-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  23. 2012-12-13
    DENHAM, Anthony Robert Glover appointed
    director
  24. 2010-10-22
    🔓
    Charge satisfied #7
  25. 2010-04-13
    🔒
    Charge registered #7
    Lender: Clydesdale Bank PLC
  26. 2004-10-01
    BILLOWS, Mark appointed
    director
  27. 2004-09-21
    HUYTON, Donald resigned
    director
  28. 2003-04-28
    ARMSTRONG, Paul appointed
    secretary
  29. 2003-04-28
    DENHAM, Raymond Glover Layton resigned
    secretary
  30. 2003-04-28
    DENHAM, Raymond Glover Layton resigned
    director
  31. 2001-09-07
    🔓
    Charge satisfied #6
  32. 1998-03-31
    🔒
    Charge registered #6
    Lender: Barclays Bank PLC
  33. 1998-02-28
    🔓
    Charge satisfied #5
  34. 1998-02-28
    🔓
    Charge satisfied #4
  35. 1998-02-28
    🔓
    Charge satisfied #3
  36. 1998-02-28
    🔓
    Charge satisfied #2
  37. 1998-02-28
    🔓
    Charge satisfied #1
  38. 1998-02-27
    HUYTON, Donald appointed
    director
  39. 1998-02-12
    DENHAM, John Keith appointed
    director
  40. 1998-02-12
    DENHAM, Raymond Glover Layton appointed
    secretary
  41. 1998-02-12
    MCVITIE, Hazel resigned
    secretary
  42. 1998-02-12
    ARMSTRONG, Paul appointed
    director
  43. 1998-02-12
    BIRTLES, Robert Arthur resigned
    director
  44. 1998-02-12
    BIRTLES, Stephen Robert resigned
    director
  45. 1998-02-12
    DENHAM, Raymond Glover Layton appointed
    director
  46. 1998-02-12
    MCVITIE, David Glen resigned
    director
  47. 1998-02-12
    MCVITIE, Hazel resigned
    director
  48. 1998-02-12
    ROSSON, Lucinda Jane resigned
    director
  49. 1995-05-31
    BARNETT, Elsie resigned
    director
  50. 1995-01-25
    BIRTLES, Stephen Robert appointed
    director
Showing most recent 50 of 58 events

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 83 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 83 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 high · 1 med ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2021-09-30: legacy

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr John Keith Denham
Individual · British · DOB 03/1943 · age 83
sig. influencesignificant influence07/04/2016

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 →

Similar companies

Active · Manufacturing · CA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ANDREW LOWDEN PLANT & AGRICULTURAL REPAIRS LTD
07191225 · est 2010 · no financials extracted
16y
ANGUILLA SOLUTIONS LIMITED
04721337 · est 2003 · no financials extracted
23y
ANIMAX LIMITED
01604213 · est 1981 · no financials extracted
44y
ARC WELDING & FABRICATION LTD
16987594 · est 2026 · no financials extracted
AREMCO LIMITED
05316767 · est 2004 · no financials extracted
21y
AVRS SYSTEMS LIMITED
02497627 · est 1990 · no financials extracted
35y
BENDALLS ENGINEERING LIMITED
00426047 · est 1946 · no financials extracted
79y
BETTER TOMORROW BRANDS LTD
14863984 · est 2023 · no financials extracted
2y
BLACKDYKE ENGINEERS LIMITED
00873515 · est 1966 · no financials extracted
60y
BLAZERS FUELS LIMITED
08594176 · est 2013 · no financials extracted
12y
BLAZERS GROUP LIMITED
14236559 · est 2022 · no financials extracted
3y
BLEMBLER & ARPVIKS GROUP LIMITED
14086032 · est 2022 · no financials extracted
3y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated1931-07-25
Jurisdictionengland-wales
Primary SIC23610 — SIC 23610

Registered office

Workington Road
Flimby
Maryport
Cumbria
CA15 8RY

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-28
Confirmation statement
Next due: 2026-09-28
Last: 2025-09-14

Officers (4 active · 13 resigned)

TIBBITTS, Jonathan Maxwell
secretary · appointed 2024-01-01
View their other companies + combined net worth →
Active
DENHAM, Anthony Robert Glover
director · ~66y · appointed 2012-12-13
View their other companies + combined net worth →
Active
DENHAM, John Keith
director · ~83y · appointed 1998-02-12
View their other companies + combined net worth →
Active
FISHER, Michael Geoffrey
director · ~51y · appointed 2022-10-03
View their other companies + combined net worth →
Active
ARMSTRONG, Paul
secretary · appointed 2003-04-28 · resigned 2023-12-31
Resigned
DENHAM, Raymond Glover Layton
secretary · appointed 1998-02-12 · resigned 2003-04-28
Resigned
MCVITIE, Hazel
secretary · resigned 1998-02-12
Resigned
ARMSTRONG, Paul
director · ~67y · appointed 1998-02-12 · resigned 2023-12-31
Resigned
BARNETT, Elsie
director · ~123y · resigned 1995-05-31
Resigned
BILLOWS, Mark
director · ~62y · appointed 2004-10-01 · resigned 2024-05-31
Resigned
BIRTLES, Robert Arthur
director · ~85y · resigned 1998-02-12
Resigned
BIRTLES, Stephen Robert
director · ~65y · appointed 1995-01-25 · resigned 1998-02-12
Resigned
DENHAM, Raymond Glover Layton
director · ~91y · appointed 1998-02-12 · resigned 2003-04-28
Resigned
HUYTON, Donald
director · ~84y · appointed 1998-02-27 · resigned 2004-09-21
Resigned
MCVITIE, David Glen
director · ~81y · appointed 1995-01-25 · resigned 1998-02-12
Resigned
MCVITIE, Hazel
director · ~85y · resigned 1998-02-12
Resigned
ROSSON, Lucinda Jane
director · ~54y · appointed 1995-01-25 · resigned 1998-02-12
Resigned

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

Mortgages & charges

7
Total charges
0
Outstanding
0
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank PLC
Debenture1 property13/04/201022/10/2010
satisfied
Barclays
Barclays Bank PLC
Debenture1 property31/03/199807/09/2001
satisfied
Barclays
Barclays Bank PLC
Debenture1 property20/10/198628/02/1998
satisfied
Barclays
Barclays Bank LTD
Transfer of charge dated 22 jan 19381 property20/03/194028/02/1998
satisfied
Barclays
Barclays Bank LTD
Transfer of charge dated 22 jan 19381 property20/03/194028/02/1998
satisfied
Union Bank of M/C Sa
Legal mortgage1 property22/01/193828/02/1998
satisfied
Union Bank of M/C Sa
Legal mortgage1 property22/01/193828/02/1998

Recent filings (129 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-17
accounts-with-accounts-type-dormant
accounts · AA
2025-06-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-23
accounts-with-accounts-type-dormant
accounts · AA
2024-07-07
termination-director-company-with-name-termination-date
officers · TM01
2024-06-04
termination-director-company-with-name-termination-date
officers · TM01
2024-01-03
termination-secretary-company-with-name-termination-date
officers · TM02
2024-01-03
appoint-person-secretary-company-with-name-date
officers · AP03
2024-01-03
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-27
accounts-with-accounts-type-dormant
accounts · AA
2023-07-10
appoint-person-director-company-with-name-date
officers · AP01
2022-10-10
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-23
accounts-with-accounts-type-small
accounts · AA
2022-07-05
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2021-09-30
legacy
capital · SH20
2021-09-30