BORDERBRITE LIMITED
- · Oldest live charge 19.3y old — refinance window within 12 months
Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (63/100).
Refinance opportunity
1 live charge · oldest 19.3y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 19.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (78/100)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.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 33800 | 29700 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
4 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 confirmation-statement
Corporate timeline (23 events)Click to expand
- 2025-12-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-03-07➕SWAILES, Kym appointeddirector
- 2018-03-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-02-19📄capital-name-of-class-of-sharescapital · SH08
- 2018-02-19📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2018-02-19📄resolutionresolution · RESOLUTIONS
- 2018-02-19📄resolutionresolution · RESOLUTIONS
- 2017-12-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2007-04-18🔒Charge registered #1Lender: Hsbc Bank PLC
- 2003-04-07🏢Company incorporatedAs BORDERBRITE LIMITED
- 2003-04-07➕SWAILES, Maureen appointedsecretary
- 2003-04-07➕SWAILES, Raymond Lee appointeddirector
- 2003-04-07➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 2003-04-07➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
- 2003-04-07➕INSTANT COMPANIES LIMITED appointedcorporate-nominee-director
- 2003-04-07➖INSTANT COMPANIES LIMITED resignedcorporate-nominee-director
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.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Raymon Lee Swailes Individual · British · DOB 05/1975 · age 51 | 50–75% | — | 50-75% shares | 21/12/2016 |
Mrs Kym Swailes Individual · British · DOB 10/1976 · age 50 | 25–50% | — | 25-50% shares | 21/12/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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 · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 18/04/2007 | — |