BSM (METALS) LTD

🌳Matureactive

08019910 · ltd · incorporated 2012-04-04

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 Mar 2025

Net worth

£195.4k

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: SIC 38210

Sector: Water supply & waste

Investor take

Pursue

Asset-holding vehicle with a 85-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 85). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (3 active, 4 linked, 4 with DOB)

Ownership & PSC

3 active PSC(s) of 3 total, 3 with control declared

Director network

3 connected companies via shared directors

Filing history

34 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £195,354

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£195k

↑ 11% YoY

Current Assets

£228k

↑ 8.3% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-03-31	2024-03-31
Total assets	£210.1k	£190.8k
Current assets	£227.5k	£210.1k
Net assets	£195.4k	£176.2k

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (21 events)Click to expand

2025-12-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-01
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-11-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-11-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-12-19
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-04-14
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-23
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-05-05
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-10-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-04-09
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-04-01
➕
CATLOW, John Brian appointed
director
2013-04-01
➕
CATLOW, Richard Scott appointed
director
2012-04-04
🏢
Company incorporated
As BSM (METALS) LTD
2012-04-04
➕
CATLOW, Matthew James Dale appointed
director
2012-04-04
➕
JACOBS, Yomtov Eliezer appointed
director
2012-04-04
➖
JACOBS, Yomtov Eliezer resigned
director

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Founder age: Director aged approximately 85 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

73/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 85 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 14 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

3 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Matthew James Dale Catlow Individual · British · DOB 12/1971 · age 55	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mr Richard Scott Catlow Individual · British · DOB 08/1968 · age 58	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mr John Brian Catlow Individual · British · DOB 11/1941 · age 85	25–50%	25–50%	25-50% shares · 25-50% voting	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 →

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FORSA ENERGY GAS ACQUISITIONS HOLDCO 1 LIMITED→ 11190531 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
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FORSA ENERGY GAS INTERMEDIATE LIMITED→ 11669885 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
FORSA ENERGY HOLDINGS LIMITED→ 10913384 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
GAS CYLINDER DISPOSAL AND RECYCLING LIMITED→ 11999219 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
GO GREEN PPA LTD→ 16571609 · est 2025 · no financials extracted	—	—	—	—	—	—	—
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

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 →

🔒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.

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Company details

Statusactive

Typeltd

Incorporated2012-04-04

Jurisdictionengland-wales

Primary SIC38210 — SIC 38210

Registered office

Unit 3 Catlows Yard

Whitegate White Lund Industrial Estate

Morecambe

Lancashire

LA3 3BS

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-18

Last: 2026-04-04

Officers (3 active · 1 resigned)

CATLOW, John Brian→

director · ~85y · appointed 2013-04-01

View their other companies + combined net worth →

Active

CATLOW, Matthew James Dale→

director · ~55y · appointed 2012-04-04

View their other companies + combined net worth →

Active

CATLOW, Richard Scott→

director · ~58y · appointed 2013-04-01

View their other companies + combined net worth →

Active

JACOBS, Yomtov Eliezer→

director · ~56y · appointed 2012-04-04 · resigned 2012-04-04

Resigned

Click a director name to see their full track record across all companies.