ALEXANDER BONAR & CO. LIMITED

🌳Matureactive
NI011417 · ltd · incorporated 1976-07-19
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 46.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
—
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pursue
Active trading company with a 73-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 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

2 live charges · oldest 46.7y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 46.7 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: medium (78/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
11 officers (5 active, 11 linked, 10 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
137 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31
Average employees16900

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-04-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-02-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-03-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-07-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2020-03-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-01-17
    ➖
    BONAR, Alexander Mcconnell resigned
    director
  10. 2019-04-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-04-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-04-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-04-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2016-04-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2016-04-06
    ➕
    MCAULEY, Paul appointed
    director
  16. 2016-04-06
    ➕
    MCAULEY, Stephen appointed
    director
  17. 2016-03-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2015-07-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2015-03-27
    ➕
    BONAR, Alexander Mcconnell appointed
    director
  20. 2014-01-17
    ➖
    BONAR, Robert Mcmeekin, Mr. resigned
    director
  21. 2014-01-17
    ➖
    BONAR, Samena Mc Cay, Mrs. resigned
    director
  22. 2012-05-17
    ➖
    MARRS, Michael, Mr. resigned
    director
  23. 2008-01-01
    ➕
    MARRS, Michael, Mr. appointed
    director
  24. 2005-05-31
    ➖
    CRAWFORD, James resigned
    director
  25. 2002-02-28
    ➖
    COCHRANE, Stanley resigned
    director
  26. 1993-02-10
    🔒
    Charge registered #2
    Lender: Ulster Bank Limited
  27. 1979-08-20
    🔒
    Charge registered #1
    Lender: Ulster Bank Limited
  28. 1976-07-19
    🏢
    Company incorporated
    As ALEXANDER BONAR & CO. LIMITED
  29. 1976-07-19
    ➕
    SCULLION, Bernie, Ms. appointed
    secretary
  30. 1976-07-19
    ➕
    MCAULEY, Alex appointed
    director
  31. 1976-07-19
    ➕
    SCULLION, Bernie appointed
    director
  32. 1976-07-19
    ➕
    BONAR, Robert Mcmeekin, Mr. appointed
    director
  33. 1976-07-19
    ➕
    BONAR, Samena Mc Cay, Mrs. appointed
    director
  34. 1976-07-19
    ➕
    COCHRANE, Stanley appointed
    director
  35. 1976-07-19
    ➕
    CRAWFORD, James appointed
    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
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 50 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 50 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 50 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

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

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Alexander Mcauley
Individual · British · DOB 12/1953 · age 73
50–75%
—50-75% shares01/07/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1976-07-19
Jurisdictionnorthern-ireland
Primary SIC43210 — Electrical installation

Registered office

Site 9
Pennybridge Industrial Estate
Ballymena
Co Antrim
BT42 3HB

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-16
Last: 2025-07-02

Officers (5 active · 6 resigned)

SCULLION, Bernie, Ms.→
secretary · appointed 1976-07-19
View their other companies + combined net worth →
Active
MCAULEY, Alex→
director · ~73y · appointed 1976-07-19
View their other companies + combined net worth →
Active
MCAULEY, Paul→
director · ~43y · appointed 2016-04-06
View their other companies + combined net worth →
Active
MCAULEY, Stephen→
director · ~45y · appointed 2016-04-06
View their other companies + combined net worth →
Active
SCULLION, Bernie→
director · ~68y · appointed 1976-07-19
View their other companies + combined net worth →
Active
BONAR, Alexander Mcconnell→
director · ~95y · appointed 2015-03-27 · resigned 2020-01-17
Resigned
BONAR, Robert Mcmeekin, Mr.→
director · ~89y · appointed 1976-07-19 · resigned 2014-01-17
Resigned
BONAR, Samena Mc Cay, Mrs.→
director · ~87y · appointed 1976-07-19 · resigned 2014-01-17
Resigned
COCHRANE, Stanley→
director · ~68y · appointed 1976-07-19 · resigned 2002-02-28
Resigned
CRAWFORD, James→
director · ~80y · appointed 1976-07-19 · resigned 2005-05-31
Resigned
MARRS, Michael, Mr.→
director · ~60y · appointed 2008-01-01 · resigned 2012-05-17
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
NatWest Group
Ulster Bank Limited
Charge over book debts and other debts1 property10/02/1993—
outstanding
NatWest Group
Ulster Bank Limited
Debenture1 property20/08/1979—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (137 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-16
confirmation-statement-with-updates
confirmation-statement · CS01
2020-07-21
termination-director-company-with-name-termination-date
officers · TM01
2020-07-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-22