THORBURN GROUP (BERWICK) LIMITED
🌳Matureactive
06014037 · ltd · incorporated 2006-11-29
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 12.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 12.3y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 12.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (57/100)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
10 officers (2 active, 10 linked, 7 with DOB)
84
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
101 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red 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 (44 events)Click to expand
- 2025-09-02📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-09-02📄legacyaccounts · PARENT_ACC
- 2025-09-02📄legacyother · AGREEMENT2
- 2025-09-02📄legacyother · GUARANTEE2
- 2025-06-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-04-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-07🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2025-04-04➕THORBURN, Aynsley Ann appointeddirector
- 2025-04-04➖MORRIS, Phil Douglas resigneddirector
- 2025-04-04➖THORBURN, Alistair Ewart resigneddirector
- 2024-12-24📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-12-24📄legacyaccounts · PARENT_ACC
- 2024-12-09📄legacyother · GUARANTEE2
- 2024-12-09📄legacyother · AGREEMENT2
- 2024-02-08📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-01-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-05📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-05📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-05📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-08-16✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-05-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-04-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-04-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-31🔓Charge satisfied #1
- 2023-03-24➕THORBURN, Euan Robert appointeddirector
- 2023-03-24➖PARKIN, Fiona Margaret resignedsecretary
- 2023-03-24➕MORRIS, Phil Douglas appointeddirector
- 2023-03-24➖PARKIN, Fiona Margaret resigneddirector
- 2023-03-24➖PARKIN, Steven David resigneddirector
- 2023-03-24➖PARKIN, William Robertson, Mr. resigneddirector
- 2023-03-24➕THORBURN, Alistair Ewart appointeddirector
- 2014-02-21🔒Charge registered #1Lender: Barclays Bank PLC
- 2013-12-22➕PARKIN, Steven David appointeddirector
- 2006-11-29🏢Company incorporatedAs THORBURN GROUP (BERWICK) LIMITED
- 2006-11-29➕PARKIN, Fiona Margaret appointedsecretary
- 2006-11-29➕TEMPLE SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2006-11-29➖TEMPLE SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2006-11-29➕PARKIN, Fiona Margaret appointeddirector
- 2006-11-29➕PARKIN, William Robertson, Mr. appointeddirector
- 2006-11-29➕COMPANY DIRECTORS LIMITED appointedcorporate-nominee-director
- 2006-11-29➖COMPANY DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
81/100
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
- +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 "THORBURN" — strong identity link between founder and business.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Thorburn Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Thorburn Group Limited
Corporate parent · holds 75-100% shares · board control
⬇
THORBURN GROUP (BERWICK) LIMITED
This company · 06014037
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 |
|---|---|---|---|---|
Thorburn Group Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 24/03/2023 |
3 historic (ceased) PSCs
- Mr. William Robertson Parkinceased 24/03/2023· 50-75% shares · 50-75% voting · board control
- Mrs Fiona Margaret Parkinceased 24/03/2023· 25-50% shares · 25-50% voting · board control
- Mr Steven David Parkinceased 28/11/2022· significant influence
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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|---|---|---|---|---|---|---|---|
| SKS JOINERY LIMITED→ SC237743 · est 2002 | — | — | — | 500 | 23y | 83 | 63y |
| TERNION JOINERY LIMITED→ SC292238 · est 2005 | — | — | £17.7k | — | 20y | 83 | 62y |
| B & K HUME GROUNDWORKS LIMITED→ SC290502 · est 2005 | — | — | £546.1k | — | 20y | 82 | 87y |
| BORDER COATINGS (SCOTLAND) LIMITED→ SC262007 · est 2004 | — | — | — | 4 | 22y | 82 | 81y |
| BRYAN MOFFAT LIMITED→ SC283643 · est 2005 | — | — | £179 | — | 21y | 82 | 59y |
| DOBBIE & MICHIE LIMITED→ SC243747 · est 2003 | — | — | £161.7k | — | 23y | 82 | 58y |
| FAIRVIEW BUILDING SERVICES LIMITED→ 00808186 · est 1964 | — | — | — | 2 | 61y | 82 | 65y |
| FJORDHUS CONSTRUCTION LIMITED→ SC298266 · est 2006 | — | — | — | 700 | 20y | 82 | 80y |
| TOMMY MCCOLL ELECTRICAL LTD→ 13484599 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| TWEED GROUP LTD→ 15155886 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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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
Incorporated2006-11-29
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
Ramparts Business Park
20 Kings Mount
Berwick-Upon-Tweed
Northumberland
TD15 1TQ
England
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-25
Last: 2025-11-11
Officers (2 active · 8 resigned)
THORBURN, Aynsley Ann→
Activedirector · ~37y · appointed 2025-04-04
View their other companies + combined net worth →
THORBURN, Euan Robert→
Activedirector · ~40y · appointed 2023-03-24
View their other companies + combined net worth →
PARKIN, Fiona Margaret→
Resignedsecretary · appointed 2006-11-29 · resigned 2023-03-24
TEMPLE SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2006-11-29 · resigned 2006-11-29
MORRIS, Phil Douglas→
Resigneddirector · ~57y · appointed 2023-03-24 · resigned 2025-04-04
PARKIN, Fiona Margaret→
Resigneddirector · ~67y · appointed 2006-11-29 · resigned 2023-03-24
PARKIN, Steven David→
Resigneddirector · ~40y · appointed 2013-12-22 · resigned 2023-03-24
PARKIN, William Robertson, Mr.→
Resigneddirector · ~72y · appointed 2006-11-29 · resigned 2023-03-24
THORBURN, Alistair Ewart→
Resigneddirector · ~64y · appointed 2023-03-24 · resigned 2025-04-04
COMPANY DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2006-11-29 · resigned 2006-11-29
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 07/04/2025 | — | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 21/02/2014 | 31/03/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (101 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-11
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-09-02
legacy
accounts · PARENT_ACC
2025-09-02
legacy
other · AGREEMENT2
2025-09-02
legacy
other · GUARANTEE2
2025-09-02
termination-director-company-with-name-termination-date
officers · TM01
2025-06-05
termination-director-company-with-name-termination-date
officers · TM01
2025-06-04
appoint-person-director-company-with-name-date
officers · AP01
2025-06-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-11
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-12-24
legacy
accounts · PARENT_ACC
2024-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-13
legacy
other · GUARANTEE2
2024-12-09
legacy
other · AGREEMENT2
2024-12-09
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-02-08