M G BURGINS & SON LIMITED
- · Oldest live charge 21.7y old — refinance window within 12 months
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (75/100, director aged 78). 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: share sale to pe / searcher (65/100).
Refinance opportunity
1 live charge · oldest 21.7y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 21.7 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: low (42/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Corporate timeline (9 events)Click to expand
- 2004-09-21🔒Charge registered #1Lender: Barclays Bank PLC
- 2004-07-14🏢Company incorporatedAs M G BURGINS & SON LIMITED
- 2004-07-14➕BURGINS, Carole Ann appointedsecretary
- 2004-07-14➕BURGINS, Carole Ann appointeddirector
- 2004-07-14➕BURGINS, Mervyn George appointeddirector
- 2004-07-14➕SECRETARIAL APPOINTMENTS LIMITED appointedcorporate-nominee-secretary
- 2004-07-14➖SECRETARIAL APPOINTMENTS LIMITED resignedcorporate-nominee-secretary
- 2004-07-14➕CORPORATE APPOINTMENTS LIMITED appointedcorporate-nominee-director
- 2004-07-14➖CORPORATE APPOINTMENTS LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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 "BURGINS" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 78 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 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
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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 · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | Debenture | 1 property | 21/09/2004 | — |