BJORN CLOGS LIMITED
- · Oldest live charge 39.3y old — refinance window within 12 months
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 81). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 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
2 live charges · 2 lenders · oldest 39.3y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 39.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £119.4k | £145.8k |
| Current assets | £138.8k | £158.3k |
| Net assets | £119.4k | £145.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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
- • 1 confirmation-statement
Corporate timeline (26 events)Click to expand
- 2025-12-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-01-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-01-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-09-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-11-09📄change-person-director-company-with-change-dateofficers · CH01
- 2017-11-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-10-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-01-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-01-26📄change-person-director-company-with-change-dateofficers · CH01
- 2008-02-15➖ROSWALD, Steven Thomas Mikael resigneddirector
- 2003-04-01➕ROSWALD, Steven Thomas Mikael appointeddirector
- 2002-05-16🔒Charge registered #2Lender: Hsbc Bank PLC
- 2002-04-29➕ROSWALD, Bjorn Thomas Mikael appointedsecretary
- 2002-04-29➕ROSWALD, Bjorn Thomas Mikael appointeddirector
- 2002-04-29➖HOSIE, Anne Kathleen resignedsecretary
- 2001-04-04➕HOSIE, Anne Kathleen appointedsecretary
- 2001-04-04➖ROSWALD, Bjorn resignedsecretary
- 2001-03-10➖ROSWALD, Bjorn resigneddirector
- 1987-03-22🔒Charge registered #1Lender: Midland Bank PLC
- 1981-09-01🏢Company incorporatedAs BJORN CLOGS LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 81 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 81 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 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 45 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Bjorn Thomas Mikael Roswald Individual · Swedish · DOB 11/1945 · age 81 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
Mrs Catherine Farnaby Individual · British · DOB 06/1967 · age 59 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/11/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (3 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 16/05/2002 | — | |
| outstanding | Midland Bank Midland Bank PLC | Fixed and floating charge | 1 property | 22/03/1987 | — |