BIODEG CHEMICAL CO LIMITED
Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 66). 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
5 live charges · 3 lenders · oldest 35.2y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 35.2 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £1.17M | £1.13M |
| Current assets | £579.0k | £588.2k |
| Cash | £281.0k | £293.0k |
| Debtors | £234.5k | £223.7k |
| Net assets | £998.3k | £961.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 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
- • 1 officers
Corporate timeline (49 events)Click to expand
- 2026-01-19📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-06📄accounts-with-accounts-type-smallaccounts · AA
- 2024-10-18📄accounts-with-accounts-type-smallaccounts · AA
- 2023-10-02📄accounts-with-accounts-type-smallaccounts · AA
- 2022-10-17📄accounts-with-accounts-type-smallaccounts · AA
- 2021-10-14📄accounts-with-accounts-type-smallaccounts · AA
- 2020-10-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-07-08📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2020-07-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-07-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-07-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2020-07-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-07-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-07-08📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-07-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-07-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-06-30➕TARLETON, Philip appointedsecretary
- 2020-06-30➕SHORT, Michael John appointeddirector
- 2020-06-30➕TARLETON, Philip appointeddirector
- 2020-06-30➖ROBERTS, Andrew Clifford resignedsecretary
- 2020-06-30➖LAWS, Malcolm Neile resigneddirector
- 2020-06-30➖ROBERTS, Andrew Clifford resigneddirector
- 2019-07-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2010-05-26➕ROBERTS, Andrew Clifford appointedsecretary
- 2010-05-26➕ROBERTS, Andrew Clifford appointeddirector
- 2010-05-26➖TARLETON, Philip resigneddirector
- 2010-05-23➖TARLETON, Philip resignedsecretary
- 2010-05-20➖FOSTER, Linda Susan resignedsecretary
- 2010-05-20➕TARLETON, Philip appointedsecretary
- 2010-05-20➖SMALLCOMBE, Keith Phillip resigneddirector
- 2010-05-20➕TARLETON, Philip appointeddirector
- 2004-01-09🔓Charge satisfied #3
- 2004-01-09🔓Charge satisfied #2
- 2004-01-09🔓Charge satisfied #1
- 2000-05-19🔒Charge registered #5Lender: National Westminster Bank PLC
- 2000-05-19🔒Charge registered #4Lender: National Westminster Bank PLC
- 1999-05-26➖BRADSHAW, Alan resignedsecretary
- 1999-05-26➕FOSTER, Linda Susan appointedsecretary
- 1999-05-26➖BRADSHAW, Alan resigneddirector
- 1999-05-26➕SMALLCOMBE, Keith Phillip appointeddirector
- 1996-02-28🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 1996-01-08🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1994-10-17➕BRADSHAW, Alan appointedsecretary
- 1994-10-17➖ROBINSON, Sydney John resignedsecretary
- 1994-10-17➕BRADSHAW, Alan appointeddirector
- 1994-10-17➖ROBINSON, Sydney John resigneddirector
- 1991-05-14🔒Charge registered #1Lender: The Royal Bank of Scotland
- 1989-08-17🏢Company incorporatedAs BIODEG CHEMICAL CO LIMITED
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 37 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Meade-King Robinson & Co Ltd holds 25-50% — a significant corporate investor but not a controlling parent.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Meade-King Robinson & Co Ltd Corporate entity | — | — | sig. influencesignificant influence · trust interest · firm interest | 30/06/2020 |
2 historic (ceased) PSCs
- Mr Andrew Clifford Robertsceased 30/06/2020· significant influence
- Mr Malcolm Lawsceased 30/06/2020· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 · 11 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 19/05/2000 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 19/05/2000 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 28/02/1996 | 09/01/2004 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 08/01/1996 | 09/01/2004 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland | Debenture | 1 property | 14/05/1991 | 09/01/2004 |