BORG AUTOMOTIVE UK LIMITED
Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -41% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 16.9y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 16.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey 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 | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total assets | £7.29M | £10.44M |
| Current assets | £10.34M | £11.64M |
| Cash | £873.5k | £1.49M |
| Debtors | £6.60M | £4.39M |
| Net assets | £7.06M | £7.28M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 address
- • 1 address
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (39 events)Click to expand
- 2026-05-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-04-15📄accounts-with-accounts-type-groupaccounts · AA
- 2025-09-18📄accounts-with-accounts-type-groupaccounts · AA
- 2024-09-27📄accounts-with-accounts-type-groupaccounts · AA
- 2023-09-04📄accounts-with-accounts-type-groupaccounts · AA
- 2023-08-04➕ZIĘBA, Marcin Przemysław appointeddirector
- 2023-08-04➖WATERSON, Lee John resigneddirector
- 2023-08-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-08-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-06-29📄accounts-with-accounts-type-groupaccounts · AA
- 2021-09-14📄accounts-with-accounts-type-groupaccounts · AA
- 2020-09-30📄accounts-with-accounts-type-groupaccounts · AA
- 2019-10-16📄resolutionresolution · RESOLUTIONS
- 2019-10-04📄resolutionresolution · RESOLUTIONS
- 2019-05-02📄accounts-with-accounts-type-groupaccounts · AA
- 2018-03-22📄accounts-with-accounts-type-groupaccounts · AA
- 2017-03-14🔓Charge satisfied #2
- 2017-03-10🔓Charge satisfied #1
- 2016-08-01➕WATERSON, Lee John appointeddirector
- 2016-07-31➖GRIFFITHS, Alan resigneddirector
- 2015-05-11➖ANDERSEN, Kim Kruse resigneddirector
- 2015-05-11➕GRIFFITHS, Alan appointeddirector
- 2014-06-02➕ANDERSEN, Kim Kruse appointeddirector
- 2014-05-02➖BUGGE, Lars resigneddirector
- 2013-08-01➕BUGGE, Lars appointeddirector
- 2013-08-01➖MIKKELSEN, Ivan resigneddirector
- 2012-03-29🔒Charge registered #2Lender: National Westminster Bank PLC
- 2011-12-22➖CALO, Peter resigneddirector
- 2011-12-22➖KULL, Linda resigneddirector
- 2011-12-22➕MIKKELSEN, Ivan appointeddirector
- 2010-01-01➖SPUHLER, Ronald resignedsecretary
- 2010-01-01➖SPUHLER, Ronald resigneddirector
- 2009-08-20🔒Charge registered #1Lender: L.C.P. Estates Limited
- 2008-05-07🏢Company incorporatedAs BORG AUTOMOTIVE UK LIMITED
- 2008-05-07➕SPUHLER, Ronald appointedsecretary
- 2008-05-07➕CALO, Peter appointeddirector
- 2008-05-07➕KULL, Linda appointeddirector
- 2008-05-07➕SPUHLER, Ronald appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanGroup structure
Aktieselskabet Schouw & Co. is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Aktieselskabet Schouw & Co. Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 03/04/2017 |
1 historic (ceased) PSC
- Mr Soren Ulrik Toft-Jensenceased 02/04/2017· 75-100% shares · 75-100% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 (1 active · 9 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 29/03/2012 | 14/03/2017 | |
| satisfied | L.C.P. Estates L.C.P. Estates Limited | Rent deposit deed | 1 property | 20/08/2009 | 10/03/2017 |