B & D STEEL (LOTHIAN) LIMITED
⚰️Wound downdissolved
02553850 · ltd · incorporated 1990-10-31
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 34.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
64/100
Worth a look
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed dormant / non-trading — structural issues outweigh the discount.
Opportunity 64/100 (worth a look), bankability 80/100. Strong seller-intent signal (75/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 34.9y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 34.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (59/100)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
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 5 with DOB)
83
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
109 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
- 2023-01-24📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2023-01-24🏁Company dissolved
- 2022-11-01📄gazette-notice-voluntarygazette · GAZ1(A)
- 2022-10-19📄dissolution-application-strike-off-companydissolution · DS01
- 2022-03-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-03-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-03-25➖HILL, Ronald Edward resigneddirector
- 2022-03-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-12-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-02-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-12-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-12-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-12-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-12-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-12-16🔓Charge satisfied #2
- 2017-12-16🔓Charge satisfied #1
- 2017-10-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-12-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-10-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-08-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-12-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-08-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2008-04-30➖SANDERS, Bradley John resignedsecretary
- 2008-03-05➖SCHOLES, Keith resigneddirector
- 2000-04-03➕SCHOLES, Keith appointeddirector
- 1995-05-25➕SANDERS, Bradley John appointeddirector
- 1995-05-25➕HILL, Ronald Edward appointeddirector
- 1995-05-25➖MACDONALD, John Malcolm Kenneth resigneddirector
- 1995-03-28➕SANDERS, Bradley John appointedsecretary
- 1995-03-28➖SWAN STEEL CO LIMITED resignedcorporate-secretary
- 1995-02-02➖BADDELEY, Robert Gregory resignedsecretary
- 1995-02-02➕SWAN STEEL CO LIMITED appointedcorporate-secretary
- 1995-02-02➖BADDELEY, Robert Gregory resigneddirector
- 1992-04-03🔒Charge registered #2Lender: Hambros Bank Limited
- 1991-09-06🔒Charge registered #1Lender: Hambros Bank PLC.
- 1990-10-31🏢Company incorporatedAs B & D STEEL (LOTHIAN) LIMITED
Owner dependency
93/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
95/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 36 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
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2023-01-24
Group structure
The Sebden Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
The Sebden Group Limited
Corporate parent · holds 75-100% shares
⬇
B & D STEEL (LOTHIAN) LIMITED
This company · 02553850
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 |
|---|---|---|---|---|
The Sebden Group Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 29/03/2022 |
1 historic (ceased) PSC
- Sebden Steel Ltdceased 29/03/2022· 75-100% shares · 75-100% voting
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
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|---|---|---|---|---|---|---|---|
| ASTBURY GARDENS (MANAGEMENT COMPANY) LIMITED→ 15537124 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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| BATTERSEA PARK COURT RTM COMPANY LIMITED→ 05321181 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| BAUER COMPRESSORS LIMITED→ 03572077 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
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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
Statusdissolved
Typeltd
Incorporated1990-10-31
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company
Registered office
Craven House Craven Road
Broadheath
Altrincham
Cheshire
WA14 5HE
Filing status
Accounts
Next due: —
Last made up to: 2021-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 7 resigned)
SANDERS, Bradley John→
Activedirector · ~63y · appointed 1995-05-25
View their other companies + combined net worth →
BADDELEY, Robert Gregory→
Resignedsecretary · resigned 1995-02-02
SANDERS, Bradley John→
Resignedsecretary · appointed 1995-03-28 · resigned 2008-04-30
SWAN STEEL CO LIMITED→
Resignedcorporate-secretary · appointed 1995-02-02 · resigned 1995-03-28
BADDELEY, Robert Gregory→
Resigneddirector · ~73y · resigned 1995-02-02
HILL, Ronald Edward→
Resigneddirector · ~78y · appointed 1995-05-25 · resigned 2022-03-25
MACDONALD, John Malcolm Kenneth→
Resigneddirector · ~85y · resigned 1995-05-25
SCHOLES, Keith→
Resigneddirector · ~79y · appointed 2000-04-03 · resigned 2008-03-05
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Hambros Bank Hambros Bank Limited | Guarantee and debenture | 1 property | 03/04/1992 | 16/12/2017 | |
| satisfied | Hambros Bank . Hambros Bank PLC. | Guarantee and debenture | 1 property | 06/09/1991 | 16/12/2017 |
Recent filings (109 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2023-01-24
gazette-notice-voluntary
gazette · GAZ1(A)
2022-11-01
dissolution-application-strike-off-company
dissolution · DS01
2022-10-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-03-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-03-29
termination-director-company-with-name-termination-date
officers · TM01
2022-03-25
accounts-with-accounts-type-dormant
accounts · AA
2021-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-02
accounts-with-accounts-type-dormant
accounts · AA
2021-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-20
accounts-with-accounts-type-dormant
accounts · AA
2019-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-16
accounts-with-accounts-type-dormant
accounts · AA
2018-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-08-14