BRUCE MUNRO LTD

🌳Matureactive
04506414 · ltd · incorporated 2002-08-08
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 13.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Electrical installation
Sector: Construction
ALSO REGISTERED FOR
  • 74100Specialised design activities
  • 90030Artistic creation
Investor take
Pursue
Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 13.8y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 13.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 3 with DOB)
79
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
86 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Average employees181800

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-03-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-08-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-08-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-08-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-08-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-08-15
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  8. 2024-08-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2024-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-03-30
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  12. 2021-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-10-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-11-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-08-10
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  17. 2018-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2012-07-16
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Bank PLC
  19. 2011-12-15
    ➖
    JOHNSTON, Andrew Duncan resigned
    director
  20. 2006-12-27
    ➕
    MUNRO, Bruce Beaton appointed
    secretary
  21. 2006-12-27
    ➖
    QUEEN SQUARE SECRETARIES LTD resigned
    corporate-secretary
  22. 2002-12-05
    ➖
    DOLAN, Paul Vincent resigned
    secretary
  23. 2002-12-05
    ➕
    QUEEN SQUARE SECRETARIES LTD appointed
    corporate-secretary
  24. 2002-11-01
    ➕
    JOHNSTON, Andrew Duncan appointed
    director
  25. 2002-08-08
    🏢
    Company incorporated
    As BRUCE MUNRO LTD
  26. 2002-08-08
    ➕
    MUNRO, Bruce Beaton appointed
    director
  27. 2002-08-08
    ➕
    MUNRO, Serena Jane appointed
    director
  28. 2002-08-08
    ➕
    DOLAN, Paul Vincent appointed
    secretary
  29. 2002-08-08
    ➕
    QUEEN SQUARE HOLDINGS LIMITED appointed
    corporate-director
  30. 2002-08-08
    ➖
    QUEEN SQUARE HOLDINGS LIMITED resigned
    corporate-director

Owner dependency

100/100
Critical — business is the founder

The 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 name in company name: Company name contains director surname "MUNRO" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Bruce Beaton Munro
Individual · British · DOB 06/1959 · age 67
25–50%
—25-50% shares06/04/2016
Mrs Serena Jane Munro
Individual · British · DOB 01/1963 · age 63
25–50%
—25-50% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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———————
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
Incorporated2002-08-08
Jurisdictionengland-wales
Primary SIC43210 — Electrical installation

Registered office

Long Knoll House Cokers Lane
Kilmington
Wiltshire
BA12 7HU
United Kingdom

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-08-22
Last: 2025-08-08

Officers (3 active · 4 resigned)

MUNRO, Bruce Beaton→
secretary · appointed 2006-12-27
View their other companies + combined net worth →
Active
MUNRO, Bruce Beaton→
director · ~67y · appointed 2002-08-08
View their other companies + combined net worth →
Active
MUNRO, Serena Jane→
director · ~63y · appointed 2002-08-08
View their other companies + combined net worth →
Active
DOLAN, Paul Vincent→
secretary · appointed 2002-08-08 · resigned 2002-12-05
Resigned
QUEEN SQUARE SECRETARIES LTD→
corporate-secretary · appointed 2002-12-05 · resigned 2006-12-27
Resigned
JOHNSTON, Andrew Duncan→
director · ~64y · appointed 2002-11-01 · resigned 2011-12-15
Resigned
QUEEN SQUARE HOLDINGS LIMITED→
corporate-director · appointed 2002-08-08 · resigned 2002-08-08
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Tsb Bank PLC
Debenture1 property16/07/2012—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (86 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-15
change-person-director-company-with-change-date
officers · CH01
2024-08-15
change-person-director-company-with-change-date
officers · CH01
2024-08-15
change-person-secretary-company-with-change-date
officers · CH03
2024-08-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-03
change-sail-address-company-with-old-address-new-address
address · AD02
2022-03-30