BANDING AND STRAPPING SUPPLIES LIMITED
🌳Matureactive
02115624 · ltd · incorporated 1987-03-26
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 34.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 46720
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueActive trading company with a 72-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 70/100. Strong seller-intent signal (68/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 4 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
4 live charges · oldest 34.0y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 34.0 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 (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
97 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Average employees | 200 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
6
filings
- • 3 officers
- • 2 persons-with-significant-control
- • 1 address
Last 180 days
7
filings
- • 3 officers
- • 2 persons-with-significant-control
- • 1 address
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-04-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-04-17📄change-person-director-company-with-change-dateofficers · CH01
- 2026-04-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-17📄change-person-director-company-with-change-dateofficers · CH01
- 2026-04-17📄change-person-secretary-company-with-change-dateofficers · CH03
- 2026-04-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-02-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-03-09📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 1998-11-20🔒Charge registered #4Lender: National Westminster Bank PLC
- 1995-10-13🔒Charge registered #3Lender: National Westminster Bank PLC
- 1993-03-19🔒Charge registered #2Lender: National Westminster Bank PLC
- 1992-06-23🔒Charge registered #1Lender: National Westminster Bank PLC
- 1987-03-26🏢Company incorporatedAs BANDING AND STRAPPING SUPPLIES LIMITED
Owner dependency
81/100
Critical — business is the founderThe 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 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
76/100
Likely off-market candidateStrong 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.
- secondaryStable-but-static management: Company is 39 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Brian Charles Higginson Individual · British · DOB 03/1954 · age 72 | 25–50% | — | 25-50% shares | 30/11/2016 |
Mrs Judith Karen Higginson Individual · British · DOB 04/1956 · age 70 | 25–50% | — | 25-50% shares | 30/11/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · WV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALMA TEXTILE TRADING UK LIMITED→ 14544994 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| APOLLO WHOLESALE LTD→ 13843429 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ARCADIAN DEVP RESIDENTIAL LIMITED→ 15948088 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ASHIK CHICKEN KEBABS (DISTRIBUTION) LIMITED→ 16922184 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AUSTIN WHITE'S COFFEE LTD→ 13462556 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AZHARA ABAYAS LTD→ 16940361 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AZIZ MAHMUD BUSINESS SOLUTION COM. LTD→ 16914245 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| B METERS UK LIMITED→ 11984226 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| B.E.S. LIMITED→ 01202345 · est 1975 · no financials extracted | — | — | — | — | 51y | — | — |
| BAHADARWALA LTD→ 16977542 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BAKERS DOZEN LTD→ 17116434 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BARB’S BUNCHES LTD→ 16977226 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1987-03-26
Jurisdictionengland-wales
Primary SIC46720 — SIC 46720
Registered office
2 Deightons Close
Bridgnorth
WV16 5JH
England
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-12-14
Last: 2025-11-30
Officers (3 active · 0 resigned)
Active
Active
Active
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 20/11/1998 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 13/10/1995 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 19/03/1993 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 23/06/1992 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (97 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-17
change-person-director-company-with-change-date
officers · CH01
2026-04-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-17
change-person-director-company-with-change-date
officers · CH01
2026-04-17
change-person-secretary-company-with-change-date
officers · CH03
2026-04-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-23