BORGWARNER TRUSTEES LIMITED
🌳Matureactive
02293944 · ltd · incorporated 1988-09-07
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 Mar 2025
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Pension funding
Sector: Financial & insurance
Investor take
PursueActive trading company with a 76-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 76). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
Confirmed no charges registered
85
Directors & officers
34 officers (3 active, 34 linked, 28 with DOB)
86
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
173 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
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 · FRS 102| Metric | 2025-03-08 | 2024-03-08 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
- • 2 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (79 events)Click to expand
- 2026-01-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-31➖UHRIG, Matthias Theo resigneddirector
- 2025-12-31➖WILLIAMS, Peter resigneddirector
- 2025-11-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-11-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-08-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-08-25➕DUNN, Allison appointeddirector
- 2023-07-03➖BEHRMAN, Michelle resigneddirector
- 2023-07-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-02📄second-filing-of-director-appointment-with-nameofficers · RP04AP01
- 2022-11-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-11-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-05-28📄change-corporate-director-company-with-change-dateofficers · CH02
- 2021-04-21📄appoint-corporate-director-company-with-name-dateofficers · AP02
- 2021-04-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-04-01➕DALRIADA TRUSTEES LIMITED appointedcorporate-director
- 2021-04-01➖CLIFFE, Christine Elizabeth resigneddirector
- 2021-02-15📄change-person-director-company-with-change-dateofficers · CH01
- 2021-02-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-10-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-03-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2018-05-21➖MCGILL, Thomas resigneddirector
- 2018-05-21➕UHRIG, Matthias Theo appointeddirector
- 2016-12-31➖BERRY, Paul David resignedsecretary
- 2013-10-02➕BEHRMAN, Michelle appointeddirector
- 2013-08-31➖MCADAMS, Janice Kay resigneddirector
- 2012-05-08➖HUNDZINSKI, Ronald resigneddirector
- 2012-05-08➕MCGILL, Thomas appointeddirector
- 2012-01-10➖BERTSCH, Jan resigneddirector
- 2012-01-10➕HUNDZINSKI, Ronald appointeddirector
- 2010-07-31➖COLLYER, Sue resigneddirector
- 2010-06-22➕WILLIAMS, Peter appointeddirector
- 2010-03-11➕BERTSCH, Jan appointeddirector
- 2010-03-10➖HENSEL, Anthony resigneddirector
- 2010-03-01➕MCADAMS, Janice Kay appointeddirector
- 2010-02-28➖D'AVERSA, Angela J resigneddirector
- 2009-06-19➖HOPES, Alan resigneddirector
- 2008-10-24➕BERRY, Paul David appointedsecretary
- 2008-10-23➖MARTLOCK, Andrew resignedsecretary
- 2007-01-01➕MARTLOCK, Andrew appointedsecretary
- 2006-12-31➖TAYLOR, Matthew Richard resignedsecretary
- 2006-05-16➕HENSEL, Anthony appointeddirector
- 2006-05-16➖OBERMAYER, Jeffrey L resigneddirector
- 2004-06-01➕COLLYER, Sue appointeddirector
- 2004-05-21➖EAST, Terry resignedsecretary
- 2004-05-21➖EAST, Terry resigneddirector
- 2004-05-17➕TAYLOR, Matthew Richard appointedsecretary
- 2004-05-17➕D'AVERSA, Angela J appointeddirector
Showing most recent 50 of 79 events
Owner dependency
90/100
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
- +Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 76 — succession pressure is live.
Succession & seller-readiness
80/100
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 76 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: UHRIG, Matthias Theo resigned 2025-12-31; WILLIAMS, Peter resigned 2025-12-31
Group structure
Borgwarner Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Borgwarner Limited
Corporate parent · holds 75-100% shares · board control
⬇
BORGWARNER TRUSTEES LIMITED
This company · 02293944
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 |
|---|---|---|---|---|
Borgwarner Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/12/2018 |
1 historic (ceased) PSC
- Creon Insurance Agency Limitedceased 06/12/2018· 75-100% shares · 75-100% voting · board control
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 →Similar companies
Active · Financial services · BD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ARSHAD HOLDINGS LIMITED→ 16747741 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BEF NPIF 2 YH LTD→ 15417617 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BEF(NW) LTD→ 15992353 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BH WEALTH MANAGEMENT LTD→ 17014233 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BRIGHTMINDS HR LTD→ 16868645 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BUSH INSURANCE SOLUTIONS LTD→ 09022855 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| C.R.E.A.M CAPITAL LIMITED→ 14766699 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CBF CAPITAL LTD→ 05363088 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| CHANGE THE FUTURE LTD→ 06617821 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| CHAPEL GREEN ENTERPRISE LTD→ 13250045 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CHEQUE EXCHANGE LIMITED→ 02927947 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| CHERRY AND OAK LTD→ 15505725 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated1988-09-07
Jurisdictionengland-wales
Primary SIC65300 — Pension funding
Registered office
C/O Borgwarner Ltd Roydsdale Way
Euroway Industrial Estate
Bradford
West Yorkshire
BD4 6SE
Filing status
Accounts
Next due: 2026-12-08
Last made up to: 2025-03-08
Confirmation statement
Next due: 2027-01-22
Last: 2026-01-08
Officers (3 active · 31 resigned)
BIRNIE, Stephen→
Activedirector · ~76y · appointed 2003-02-03
View their other companies + combined net worth →
DUNN, Allison→
Activedirector · ~41y · appointed 2023-08-25
View their other companies + combined net worth →
DALRIADA TRUSTEES LIMITED→
Activecorporate-director · appointed 2021-04-01
View their other companies + combined net worth →
BERRY, Paul David→
Resignedsecretary · appointed 2008-10-24 · resigned 2016-12-31
EAST, Terry→
Resignedsecretary · appointed 1996-08-01 · resigned 2004-05-21
MARTLOCK, Andrew→
Resignedsecretary · appointed 2007-01-01 · resigned 2008-10-23
TAYLOR, Matthew Richard→
Resignedsecretary · appointed 2004-05-17 · resigned 2006-12-31
WOGAN, Terry Michael→
Resignedsecretary · resigned 1996-05-01
ADAMS, Robin→
Resigneddirector · ~73y · appointed 1996-05-01 · resigned 1999-11-15
BEHRMAN, Michelle→
Resigneddirector · ~61y · appointed 2013-10-02 · resigned 2023-07-03
BERTSCH, Jan→
Resigneddirector · ~69y · appointed 2010-03-11 · resigned 2012-01-10
CARTER, Robin→
Resigneddirector · ~68y · appointed 2000-10-09 · resigned 2002-10-10
CLIFFE, Christine Elizabeth→
Resigneddirector · ~68y · appointed 2000-08-21 · resigned 2021-04-01
COLLYER, Sue→
Resigneddirector · ~71y · appointed 2004-06-01 · resigned 2010-07-31
D'AVERSA, Angela J→
Resigneddirector · ~80y · appointed 2004-05-17 · resigned 2010-02-28
DAWSON, Raymond Anthony Gilbert→
Resigneddirector · ~76y · resigned 1991-05-20
DICKENS, Kimberly→
Resigneddirector · ~65y · appointed 2002-06-14 · resigned 2004-04-23
EAST, Terry→
Resigneddirector · ~78y · appointed 1991-05-17 · resigned 2004-05-21
EVANS, Graham→
Resigneddirector · ~82y · appointed 1997-09-27 · resigned 2000-10-09
FARRELL, Neal Francis→
Resigneddirector · ~92y · resigned 1994-02-15
Click a director name to see their full track record across all companies.
Recent filings (173 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-12
termination-director-company-with-name-termination-date
officers · TM01
2026-01-05
termination-director-company-with-name-termination-date
officers · TM01
2026-01-05
accounts-with-accounts-type-dormant
accounts · AA
2025-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-17
accounts-with-accounts-type-dormant
accounts · AA
2024-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-30
accounts-with-accounts-type-dormant
accounts · AA
2023-10-10
appoint-person-director-company-with-name-date
officers · AP01
2023-08-29
termination-director-company-with-name-termination-date
officers · TM01
2023-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-22
second-filing-of-director-appointment-with-name
officers · RP04AP01
2023-02-02
accounts-with-accounts-type-dormant
accounts · AA
2022-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-22
accounts-with-accounts-type-dormant
accounts · AA
2021-11-29