B.FULGONI & SONS LIMITED

🌳Matureactive
00732945 · ltd · incorporated 1962-08-20
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 35.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£220.4k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 10520
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 72-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (93/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 35.3y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 35.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
110 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £220,377
Cash YoY
+160896%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£440k
↑ 160896% YoY
Net Worth
£220k
↑ 214% YoY
Current Assets
£446k
↑ 15456% YoY
Current Liabilities
—
-£194k-£66k£62k£190k£318k£446kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£242.3k£-169.1k
Current assets£446.3k£2.9k
Cash£439.5k£273
Debtors£6.8k£1.5k
Net assets£220.4k£-193.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-08-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-08-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-08-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-10-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-07-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-04-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2023-03-18
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  9. 2023-03-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2021-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-01-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-09-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2013-11-21
    🔓
    Charge satisfied #3
  17. 2013-11-21
    🔓
    Charge satisfied #2
  18. 2013-11-20
    🔓
    Charge satisfied #1
  19. 1996-09-16
    ➖
    BOWEN, Maria Domenica Inez resigned
    director
  20. 1992-01-24
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  21. 1991-01-28
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  22. 1991-01-28
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  23. 1976-04-01
    ➕
    FULGONI, Basil Mark appointed
    director
  24. 1976-04-01
    ➕
    FULGONI, Mark Francis appointed
    director
  25. 1962-08-20
    🏢
    Company incorporated
    As B.FULGONI & SONS LIMITED

Owner dependency

100/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "FULGONI" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 50 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
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 72 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 50 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 64 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

1 med ·
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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Mark Francis Fulgoni
Individual · British · DOB 03/1957 · age 69
25–50%
25–50%25-50% shares · 25-50% voting · firm interest06/04/2016
Mr Basil Mark Fulgoni
Individual · British · DOB 12/1954 · age 72
——sig. influencesignificant influence06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1962-08-20
Jurisdictionengland-wales
Primary SIC10520 — SIC 10520

Registered office

23 Bridgend Road Bridgend Road
Porthcawl
CF36 5RL
Wales

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-13
Last: 2025-09-29

Officers (3 active · 1 resigned)

FULGONI, Basil Mark→
secretary
View their other companies + combined net worth →
Active
FULGONI, Basil Mark→
director · ~72y · appointed 1976-04-01
View their other companies + combined net worth →
Active
FULGONI, Mark Francis→
director · ~69y · appointed 1976-04-01
View their other companies + combined net worth →
Active
BOWEN, Maria Domenica Inez→
director · ~105y · resigned 1996-09-16
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property24/01/199221/11/2013
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property28/01/199121/11/2013
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property28/01/199120/11/2013

Recent filings (110 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-04
gazette-filings-brought-up-to-date
gazette · DISS40
2023-04-07
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-03-18
gazette-notice-compulsory
gazette · GAZ1
2023-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-29