BALGUARD ENGINEERING LIMITED

🌳Matureactive

01345009 · ltd · incorporated 1977-12-21

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

—

year to Jun 2024

Net worth

£2.89M

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: Manufacture of metal structures and parts of structures

Sector: Manufacturing

ALSO REGISTERED FOR

25990SIC 25990
43999Other specialised construction activities n.e.c.

Investor take

Pursue

Active trading company with a 78-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (73/100, director aged 78). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 41.8y

35/100

too messy

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

· Oldest live charge is 41.8 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (72/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 3 SIC codes, incorporation date

100

Financials

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

10 officers (6 active, 10 linked, 8 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

2 connected companies via shared directors

Filing history

127 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £2,894,613

Key financials

1 year extracted from filed iXBRL accounts

Cash

£303k

Net Worth

£2.9m

Current Assets

£4.3m

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-06-30
Total assets	£3.08M
Current assets	£4.32M
Cash	£303.3k
Debtors	£3.99M
Net assets	£2.89M

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

Recent activity

Last 30 days

filings

• 1 confirmation-statement
• 1 officers

Last 90 days

filings

• 1 confirmation-statement
• 1 officers

Last 180 days

filings

• 1 confirmation-statement
• 1 officers
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (36 events)Click to expand

2026-05-27
📄
change-person-director-company-with-change-date
officers · CH01
2026-01-28
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2025-03-31
📄
accounts-with-accounts-type-small
accounts · AA
2024-02-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-02-19
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2024-02-19
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2024-02-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-01-16
📄
accounts-with-accounts-type-small
accounts · AA
2023-01-11
📄
accounts-with-accounts-type-small
accounts · AA
2023-01-05
➕
LEVKOUSKIS, Sally Ann appointed
secretary
2023-01-05
➖
LEVKOUSKIS, Steven John resigned
secretary
2023-01-05
➖
LEVKOUSKIS, Sally Anne resigned
director
2023-01-05
➖
TEARLE, Patricia Helen resigned
director
2022-09-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-08-16
➕
GRAY, Timothy Simon appointed
director
2021-10-27
📄
accounts-with-accounts-type-small
accounts · AA
2021-06-30
📄
accounts-with-accounts-type-small
accounts · AA
2021-06-22
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-06-22
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-06-21
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-06-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-05-31
➖
TIERNEY, Paul resigned
director
2020-12-10
📄
change-person-director-company-with-change-date
officers · CH01
2020-12-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-12-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-11-16
➕
TEARLE, Graham Mark appointed
director
2020-11-16
➕
WOODHOUSE, Benjamin John appointed
director
2020-11-16
➕
TIERNEY, Paul appointed
director
2016-06-28
🔒
Charge registered #4
Lender: Hsbc Bank PLC
2016-06-24
🔓
Charge satisfied #1
2016-02-12
🔓
Charge satisfied #2
2012-03-21
🔓
Charge satisfied #3
2009-02-11
🔒
Charge registered #3
Lender: Technical & General Guarantee Company S.A.
2007-08-17
🔒
Charge registered #2
Lender: Technical & General Guarantee Company S.A.
1984-09-04
🔒
Charge registered #1
Lender: Barclays Bank PLC
1977-12-21
🏢
Company incorporated
As BALGUARD ENGINEERING LIMITED

Owner dependency

63/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 78 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
secondaryStable-but-static management: Company is 48 years old and no new directors in the last 3 years — succession not yet being planned internally.

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.

Group structure

Balguard Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Balguard Holdings Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

BALGUARD ENGINEERING LIMITED

This company · 01345009

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%

Name	Shares	Voting rights	Nature of control	Notified
Balguard Holdings Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	28/01/2021

2 historic (ceased) PSCs

Mr Steven John Levkouskisceased 28/01/2021· 25-50% shares · 25-50% voting
Mr Antony Geoffrey Tearleceased 28/01/2021· 25-50% shares · 25-50% 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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BALL BEVERAGE PACKAGING UK LTD→ 00197480 · est 1924 · no financials extracted	—	—	—	—	101y	—	—
BALL ELECTRONICS LIMITED→ 12261557 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
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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.

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Company details

Statusactive

Typeltd

Incorporated1977-12-21

Jurisdictionengland-wales

Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

Unit 8 Cherrycourt Way

Stanbridge Road

Leighton Buzzard

Bedfordshire

LU7 4UH

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-06-30

Confirmation statement

Next due: 2027-05-28

Last: 2026-05-14