BRICESCO LIMITED
🌳Matureactive
06035964 · ltd · incorporated 2006-12-21
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£333.1k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 25990
Sector: Manufacturing
ALSO REGISTERED FOR
- 28990SIC 28990
Investor take
PursueActive trading company with a 67-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 57/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
15 live charges · 9 lenders · oldest 19.2y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 19.2 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
15 charges (15/15 with lender, 15/15 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 7 with DOB)
84
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
117 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £333,053
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£333k
↑ 27% YoY
Current Assets
£1.4m
↑ 11% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £651.8k | £551.8k |
| Current assets | £1.37M | £1.23M |
| Debtors | £771.1k | £734.8k |
| Net assets | £333.1k | £262.3k |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (61 events)Click to expand
- 2025-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-05📄resolutionresolution · RESOLUTIONS
- 2025-06-04📄capital-cancellation-sharescapital · SH06
- 2025-06-04📄capital-return-purchase-own-sharescapital · SH03
- 2025-03-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-02-16➖BRIDGEWATER, Richard Joseph resigneddirector
- 2024-11-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-11-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-11-22🔓Charge satisfied #14
- 2024-11-22🔓Charge satisfied #13
- 2024-11-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-14🔒Charge registered #15Lender: Bcrs Cief Ii Limited
- 2024-08-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-27📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2022-07-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-01🔒Charge registered #14Lender: Bcrs Business Loans Limited
- 2022-07-01🔒Charge registered #13Lender: Bcrs Cief Limited
- 2022-03-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-14➖GREEN, Douglas John resigneddirector
- 2022-02-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-12-06🔓Charge satisfied #12
- 2018-12-06🔓Charge satisfied #10
- 2018-12-06🔓Charge satisfied #9
- 2016-08-24🔒Charge registered #12Lender: Security Trustee Services Limited
- 2016-02-17🔓Charge satisfied #6
- 2016-02-17🔓Charge satisfied #5
- 2016-02-15🔒Charge registered #11Lender: Katie Rachel Elizabeth Kitson
- 2016-02-15🔒Charge registered #10Lender: Assetz Capital Trust Company Limited
- 2016-02-15🔒Charge registered #9Lender: Assetz Capital Trust Company Limited
- 2016-02-15🔒Charge registered #8Lender: Katie Rachel Elizabeth Kitson
- 2016-02-09🔒Charge registered #7Lender: Art Share (Social Help Association for Reinvesting in Enterprise) Limited
- 2015-04-15🔓Charge satisfied #4
- 2015-04-15🔓Charge satisfied #3
- 2015-04-15🔓Charge satisfied #2
- 2015-04-15🔓Charge satisfied #1
- 2014-08-01➖KITSON, Gregory Clifford resigneddirector
- 2013-09-01➕BRIDGEWATER, Richard Joseph appointeddirector
- 2013-09-01➖BRIDGEWATER, Richard Joseph resigneddirector
- 2013-08-23➖MACHIN, Stephen Joseph resigneddirector
- 2013-05-06🔒Charge registered #6Lender: Lloyds Tsb Bank PLC
- 2013-05-02🔒Charge registered #5Lender: Lloyds Tsb Bank PLC
- 2009-10-01➕MACHIN, Stephen Joseph appointeddirector
- 2008-09-18🔒Charge registered #4Lender: Barclays Bank PLC
- 2008-09-18🔒Charge registered #3Lender: Barclays Bank PLC
- 2007-09-20➕BRIDGEWATER, Richard Joseph appointeddirector
- 2007-05-04🔒Charge registered #2Lender: Barclays Bank PLC
Showing most recent 50 of 61 events
Owner dependency
91/100
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.
- +Long-tenure founder: Senior director has been in place 20 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
79/100
Likely off-market candidateStrong 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.
- secondary12+ year tenure: Director in role 20 years.
- secondaryStable-but-static management: Company is 20 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
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.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stuart Edward Kitson Individual · British · DOB 07/1959 · age 67 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
Mrs Katie Rachel Elizabeth Yeoman Individual · British · DOB 01/1971 · age 55 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
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 · Manufacturing · WS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BARNFATHER WIRE (MIDLANDS) LIMITED→ 06437348 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| BARNFATHER WIRE LIMITED→ 07030126 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| BLUE STAR FM LIMITED→ 10903062 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BOLLEGRAAF U.K. LIMITED→ 02377785 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| BONNER STUDS LIMITED→ 06004725 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| BRACKENDALE TIMBER PRODUCTS LIMITED→ 12320418 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BRADLEY T SMITH COMPOSITES LTD→ 15673588 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BRAVE GB LIMITED→ 06687285 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| BRIAN LOWNDES PRINT LIMITED→ 00920975 · est 1967 · no financials extracted | — | — | — | — | 58y | — | — |
| BRIAN REID AND SON LIMITED→ 04339616 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| BRIDGTOWN JOINERY LIMITED→ 07513839 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| BRITISH MICANIZING CO. (GREAT BARR) LIMITED→ 00372774 · est 1942 · no financials extracted | — | — | — | — | 84y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2006-12-21
Jurisdictionengland-wales
Primary SIC25990 — SIC 25990
Registered office
Unit 101 Bentley Road South
Wednesbury
WS10 8LQ
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-18
Last: 2025-11-04
Officers (3 active · 7 resigned)
KITSON, Katie Rachel Elizabeth→
Activesecretary · appointed 2006-12-22
View their other companies + combined net worth →
KITSON, Katie Rachel Elizabeth→
Activedirector · ~55y · appointed 2006-12-22
View their other companies + combined net worth →
KITSON, Stuart Edward→
Activedirector · ~67y · appointed 2006-12-22
View their other companies + combined net worth →
KEELEX CORPORATE SERVICES LIMITED→
Resignedcorporate-secretary · appointed 2006-12-21 · resigned 2006-12-22
BRIDGEWATER, Richard Joseph→
Resigneddirector · ~60y · appointed 2013-09-01 · resigned 2025-02-16
BRIDGEWATER, Richard Joseph→
Resigneddirector · ~60y · appointed 2007-09-20 · resigned 2013-09-01
GREEN, Douglas John→
Resigneddirector · ~86y · appointed 2006-12-22 · resigned 2022-03-14
KITSON, Gregory Clifford→
Resigneddirector · ~69y · appointed 2006-12-22 · resigned 2014-08-01
MACHIN, Stephen Joseph→
Resigneddirector · ~73y · appointed 2009-10-01 · resigned 2013-08-23
KEELEX FORMATIONS LIMITED→
Resignedcorporate-director · appointed 2006-12-21 · resigned 2006-12-22
Click a director name to see their full track record across all companies.
Mortgages & charges
15
Total charges
4
Outstanding
3
Active lenders
Status:Lender:15 of 15 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Bcrs Cief Ii Bcrs Cief Ii Limited | A registered charge | — | 14/11/2024 | — | |
| satisfied | Bcrs Business Loans Bcrs Business Loans Limited | A registered charge | — | 01/07/2022 | 22/11/2024 | |
| satisfied | Bcrs Cief Bcrs Cief Limited | A registered charge | — | 01/07/2022 | 22/11/2024 | |
| satisfied | Security Trustee Services Security Trustee Services Limited | A registered charge | — | 24/08/2016 | 06/12/2018 | |
| outstanding | Katie Rachel Elizabeth Kitson | A registered charge | 1 property | 15/02/2016 | — | |
| satisfied | Assetz Capital Trust Company Assetz Capital Trust Company Limited | A registered charge | — | 15/02/2016 | 06/12/2018 | |
| satisfied | Assetz Capital Trust Company Assetz Capital Trust Company Limited | A registered charge | 2 properties | 15/02/2016 | 06/12/2018 | |
| outstanding | Katie Rachel Elizabeth Kitson | A registered charge | — | 15/02/2016 | — | |
| outstanding | Art Share (Social Help Association for Reinvesting in Enterprise) Art Share (Social Help Association for Reinvesting in Enterprise) Limited | A registered charge | — | 09/02/2016 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | A registered charge | 1 property | 06/05/2013 | 17/02/2016 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | A registered charge | 1 property | 02/05/2013 | 17/02/2016 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 18/09/2008 | 15/04/2015 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 18/09/2008 | 15/04/2015 | |
| satisfied | Barclays Barclays Bank PLC | Deed of charge over credit balances | 1 property | 04/05/2007 | 15/04/2015 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 03/05/2007 | 15/04/2015 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (117 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
resolution
resolution · RESOLUTIONS
2025-06-05
capital-cancellation-shares
capital · SH06
2025-06-04
capital-return-purchase-own-shares
capital · SH03
2025-06-04
termination-director-company-with-name-termination-date
officers · TM01
2025-03-19
mortgage-satisfy-charge-full
mortgage · MR04
2024-11-22
mortgage-satisfy-charge-full
mortgage · MR04
2024-11-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-27
change-account-reference-date-company-previous-extended
accounts · AA01
2023-04-27