B & D STEEL(SOUTHERN)LIMITED

⚰️Wound downdissolved
01278422 · ltd · incorporated 1976-09-23
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 38.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
56/100
Worth a look
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed dormant / non-trading — structural issues outweigh the discount.

Opportunity 56/100 (worth a look), bankability 80/100. Strong seller-intent signal (75/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 38.7y

70/100
ready

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

  • · Oldest live charge is 38.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (59/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
10 officers (1 active, 10 linked, 6 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
120 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
56/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
41
Multiple red flags — proceed with caution.
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 (42 events)Click to expand
  1. 2023-01-24
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2023-01-24
    🏁
    Company dissolved
  3. 2022-11-01
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2022-10-19
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2022-03-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  6. 2022-03-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2022-03-30
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  8. 2022-03-30
    📄
    legacy
    capital · SH20
  9. 2022-03-30
    ⚠️
    legacy
    insolvency · CAP-SS
  10. 2022-03-30
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2022-03-25
    ➖
    HILL, Ronald Edward resigned
    director
  12. 2022-03-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2021-12-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2021-02-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2019-12-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2018-12-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2017-12-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2017-12-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2017-12-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2017-12-16
    🔓
    Charge satisfied #3
  21. 2017-12-16
    🔓
    Charge satisfied #2
  22. 2017-12-16
    🔓
    Charge satisfied #1
  23. 2017-10-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  24. 2016-12-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  25. 2008-04-30
    ➖
    SANDERS, Bradley John resigned
    secretary
  26. 1995-05-25
    ➕
    SANDERS, Bradley John appointed
    director
  27. 1995-05-25
    ➖
    MACDONALD, John Malcolm Kenneth resigned
    director
  28. 1995-03-28
    ➕
    SANDERS, Bradley John appointed
    secretary
  29. 1995-03-28
    ➖
    SWAN STEEL CO LIMITED resigned
    corporate-secretary
  30. 1995-02-02
    ➖
    BADDELEY, Robert Gregory resigned
    secretary
  31. 1995-02-02
    ➕
    SWAN STEEL CO LIMITED appointed
    corporate-secretary
  32. 1995-02-02
    ➖
    BADDELEY, Robert Gregory resigned
    director
  33. 1994-05-25
    ➕
    HILL, Ronald Edward appointed
    director
  34. 1992-07-08
    ➖
    SHAW, William Cameron resigned
    director
  35. 1992-07-07
    ➕
    BADDELEY, Robert Gregory appointed
    director
  36. 1992-06-01
    ➕
    BADDELEY, Robert Gregory appointed
    secretary
  37. 1992-06-01
    ➖
    NEWTON, Ian Geoffery resigned
    secretary
  38. 1992-05-15
    ➖
    WILBERFORCE, Barry resigned
    director
  39. 1992-04-03
    🔒
    Charge registered #3
    Lender: Hambros Bank Limited
  40. 1990-03-27
    🔒
    Charge registered #2
    Lender: Hambros Bank Limited
  41. 1987-10-27
    🔒
    Charge registered #1
    Lender: Hambros Bank Limited.
  42. 1976-09-23
    🏢
    Company incorporated
    As B & D STEEL(SOUTHERN)LIMITED

Owner dependency

93/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

95/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 50 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

2 high · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2023-01-24

1 insolvency-related filing on record
high

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

Evidence: 2022-03-30: 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.

Group structure

Sebden Steel Service Centres Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Sebden Steel Service Centres Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
B & D STEEL(SOUTHERN)LIMITED
This company · 01278422

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Sebden Steel Service Centres Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting30/03/2022
1 historic (ceased) PSC
  • B&D Steel Limitedceased 30/03/2022· 75-100% shares · 75-100% voting

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

9 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

Statusdissolved
Typeltd
Incorporated1976-09-23
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company

Registered office

Craven House Craven Road
Broadheath
Altrincham
Cheshire
WA14 5HE

Filing status

Accounts
Next due: —
Last made up to: 2021-03-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 9 resigned)

SANDERS, Bradley John→
director · ~63y · appointed 1995-05-25
View their other companies + combined net worth →
Active
BADDELEY, Robert Gregory→
secretary · appointed 1992-06-01 · resigned 1995-02-02
Resigned
NEWTON, Ian Geoffery→
secretary · resigned 1992-06-01
Resigned
SANDERS, Bradley John→
secretary · appointed 1995-03-28 · resigned 2008-04-30
Resigned
SWAN STEEL CO LIMITED→
corporate-secretary · appointed 1995-02-02 · resigned 1995-03-28
Resigned
BADDELEY, Robert Gregory→
director · ~73y · appointed 1992-07-07 · resigned 1995-02-02
Resigned
HILL, Ronald Edward→
director · ~78y · appointed 1994-05-25 · resigned 2022-03-25
Resigned
MACDONALD, John Malcolm Kenneth→
director · ~85y · resigned 1995-05-25
Resigned
SHAW, William Cameron→
director · ~98y · resigned 1992-07-08
Resigned
WILBERFORCE, Barry→
director · ~80y · resigned 1992-05-15
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
Hambros Bank
Hambros Bank Limited
Guarantee and debenture1 property03/04/199216/12/2017
satisfied
Hambros Bank
Hambros Bank Limited
Composite guarantee & debenture1 property27/03/199016/12/2017
satisfied
Hambros Bank .
Hambros Bank Limited.
Debenture1 property27/10/198716/12/2017

Recent filings (120 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2023-01-24
gazette-notice-voluntary
gazette · GAZ1(A)
2022-11-01
dissolution-application-strike-off-company
dissolution · DS01
2022-10-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-03-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-03-30
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2022-03-30
legacy
capital · SH20
2022-03-30
legacy
insolvency · CAP-SS
2022-03-30
resolution
resolution · RESOLUTIONS
2022-03-30
termination-director-company-with-name-termination-date
officers · TM01
2022-03-25
accounts-with-accounts-type-dormant
accounts · AA
2021-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-20
accounts-with-accounts-type-dormant
accounts · AA
2021-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-21