B.G.S. INDUSTRIAL LIMITED
🌳Matureactive
03230064 · ltd · incorporated 1996-07-26
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 46740
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 78/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (73/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 18.3y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 18.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 43/100 — workable, but lender will want more DD.
Data confidence
Overall: high (82/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
88 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
75
Strong succession / seller-readiness signals.
Risk profile
77
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 · FRS 102| Metric | 2024-07-31 | 2023-07-31 |
|---|---|---|
| Average employees | 300 | — |
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
1
filing
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
- 2026-03-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-05🔒Charge registered #4Lender: Dbw Investments (3) Limited
- 2025-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-16📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-15📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-10-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-10-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-10-08➕CONDON, Andrew John appointeddirector
- 2024-10-08➕COOPEY, James Stuart appointeddirector
- 2024-10-08➖BARRY, Bernard Anthony resignedsecretary
- 2024-10-08➖BARRY, Bernard Anthony resigneddirector
- 2024-10-08➖BARRY, Kelvin John resigneddirector
- 2024-10-08➖WITCHELL, Gary resigneddirector
- 2024-02-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-02-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-02-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-02-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-12-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-12-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-12-01🔓Charge satisfied #2
- 2023-12-01🔓Charge satisfied #1
- 2023-03-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2011-06-03🔒Charge registered #3Lender: Glasgow City Council
- 2008-07-11🔒Charge registered #2Lender: Lloyds Tsb Bank PLC
- 2008-04-22🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2003-08-01➕BARRY, Kelvin John appointeddirector
- 1996-07-26🏢Company incorporatedAs B.G.S. INDUSTRIAL LIMITED
- 1996-07-26➕BARRY, Bernard Anthony appointedsecretary
- 1996-07-26➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 1996-07-26➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
- 1996-07-26➕BARRY, Bernard Anthony appointeddirector
- 1996-07-26➕WITCHELL, Gary appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Smarter Components Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Smarter Components Limited
Corporate parent · holds 75-100% shares · board control
⬇
B.G.S. INDUSTRIAL LIMITED
This company · 03230064
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 |
|---|---|---|---|---|
Smarter Components Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 08/10/2024 |
4 historic (ceased) PSCs
- Bgk Pyle Limitedceased 08/10/2024· 75-100% shares
- Mr Bernard Anthony Barryceased 15/01/2024· 25-50% shares
- Mr Kelvin John Barryceased 15/01/2024· 25-50% shares
- Mr Gary Witchellceased 15/01/2024· 25-50% shares
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 · Wholesale & distribution · CF postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ASCENDIA WHOLESALERS LTD→ 16860162 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AUDIO CAVE (CARDIFF) LTD→ 10680518 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| AWAYBOXPACKAGING LIMITED→ 16173960 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BABY BARE BUBBLES LIMITED→ 11381573 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BADGETBAY LTD→ 16693844 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BARBER BLADES LTD→ 07264822 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| BARCLAYS METAL WORLD LIMITED→ 12361942 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BARD'S TALES RUM LTD→ 15748220 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BAREFOOT TRADING LIMITED→ 05835276 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| BARRIE HOLDEN LTD.→ 14011735 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BARRINGTON BUSINESS CONSULTANTS LIMITED→ 09518272 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| BARRY ISLAND SPIRITS CO LIMITED→ 12964705 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1996-07-26
Jurisdictionengland-wales
Primary SIC46740 — SIC 46740
Registered office
6c Chiltern Close
Llanishen
Cardiff
CF14 5DL
Wales
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-08-06
Last: 2025-07-23
Officers (2 active · 5 resigned)
CONDON, Andrew John→
Activedirector · ~59y · appointed 2024-10-08
View their other companies + combined net worth →
COOPEY, James Stuart→
Activedirector · ~56y · appointed 2024-10-08
View their other companies + combined net worth →
BARRY, Bernard Anthony→
Resignedsecretary · appointed 1996-07-26 · resigned 2024-10-08
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1996-07-26 · resigned 1996-07-26
BARRY, Bernard Anthony→
Resigneddirector · ~74y · appointed 1996-07-26 · resigned 2024-10-08
BARRY, Kelvin John→
Resigneddirector · ~64y · appointed 2003-08-01 · resigned 2024-10-08
WITCHELL, Gary→
Resigneddirector · ~72y · appointed 1996-07-26 · resigned 2024-10-08
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Dbw Investments (3) Dbw Investments (3) Limited | A registered charge | 2 properties | 05/03/2026 | — | |
| outstanding | Glasgow City Council | Rent deposit deed | 1 property | 03/06/2011 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed | 1 property | 11/07/2008 | 01/12/2023 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 22/04/2008 | 01/12/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (88 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-30
change-person-director-company-with-change-date
officers · CH01
2024-10-16
appoint-person-director-company-with-name-date
officers · AP01
2024-10-15
appoint-person-director-company-with-name-date
officers · AP01
2024-10-15
termination-director-company-with-name-termination-date
officers · TM01
2024-10-15
termination-director-company-with-name-termination-date
officers · TM01
2024-10-15
termination-director-company-with-name-termination-date
officers · TM01
2024-10-15
termination-secretary-company-with-name-termination-date
officers · TM02
2024-10-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-15