BIRMINGHAM BURNER (WALSALL) LIMITED
🌳Matureactive
01392185 · ltd · incorporated 1978-10-03
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 43.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£-13.5k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Machining
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 80/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 86). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 43.7y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 43.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (4 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
98 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £13,541
Cash YoY
+368%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£37k
↑ 368% YoY
Net Worth
-£14k
↑ 67% YoY
Current Assets
£79k
↑ 91% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £-13.5k | £-41.3k |
| Current assets | £79.4k | £41.5k |
| Cash | £36.9k | £7.9k |
| Debtors | £14.6k | £9.3k |
| Net assets | £-13.5k | £-41.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-02-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-03-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-01-28➕COLE, Jason Roy appointeddirector
- 2021-01-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-01-27➕HARPER, Terri Jacqueline appointeddirector
- 2021-01-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-03-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-08-20➖MCGLONE, Iris resigneddirector
- 2017-03-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-02-04➕MCGLONE, Iris appointeddirector
- 1982-11-17🔒Charge registered #1Lender: Barclays Bank PLC
- 1978-10-03🏢Company incorporatedAs BIRMINGHAM BURNER (WALSALL) LIMITED
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 86 — succession pressure is live.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 86 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Christopher Mcglone Individual · British · DOB 04/1940 · age 86 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Iris Mcgloneceased 04/03/2021· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · WS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ARKRITE FENCING MANUFACTURERS LIMITED→ 01145068 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
| B & R (2005) LIMITED→ 00260132 · est 1931 · no financials extracted | — | — | — | — | 94y | — | — |
| BARNFATHER WIRE (MIDLANDS) LIMITED→ 06437348 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| BARNFATHER WIRE LIMITED→ 07030126 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| BEACON DESIGN & ENGINEERING LIMITED→ 03550810 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| BENHILL PRESS LIMITED(THE)→ 00491918 · est 1951 · no financials extracted | — | — | — | — | 75y | — | — |
| BLACK COUNTRY ELECTRICAL SUPPLIES LTD→ 13572157 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BLACK COUNTRY GLASS LTD→ 11100646 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BLACK COUNTRY WINDOWS LIMITED→ 02607284 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| BLISS OF LONDON LIMITED→ 07679608 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| BLOX MANUFACTURING LTD→ 13341742 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BLOXWICH METAL FINISHING CO. LIMITED→ 01554331 · est 1981 · no financials extracted | — | — | — | — | 45y | — | — |
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
Incorporated1978-10-03
Jurisdictionengland-wales
Primary SIC25620 — Machining
Registered office
Unit 6
Fieldgate Works
Walsall
West Midlands
WS1 3DJ
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-04-05
Last: 2026-03-22
Officers (4 active · 1 resigned)
Active
COLE, Jason Roy→
Activedirector · ~55y · appointed 2021-01-28
View their other companies + combined net worth →
HARPER, Terri Jacqueline→
Activedirector · ~35y · appointed 2021-01-27
View their other companies + combined net worth →
Active
MCGLONE, Iris→
Resigneddirector · ~77y · appointed 2013-02-04 · resigned 2017-08-20
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | Debenture | 1 property | 17/11/1982 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (98 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-07
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-03-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-03-26
appoint-person-director-company-with-name-date
officers · AP01
2021-01-28