BUSINESS STORAGE PRODUCTS LIMITED

🌳Matureactive
NI071525 · ltd · incorporated 2009-01-19
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
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 Jan 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 46140
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 68). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
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£0Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-10-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-10-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-10-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-10-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-10-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-05-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2019-05-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-10-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-02-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2016-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-02-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2009-08-13
    ➕
    MAGOWAN, Karen Louise appointed
    director
  16. 2009-01-19
    🏢
    Company incorporated
    As BUSINESS STORAGE PRODUCTS LIMITED
  17. 2009-01-19
    ➕
    MELDRUM, Geoffrey appointed
    secretary
  18. 2009-01-19
    ➕
    BOLES, Howard William James appointed
    director

Owner dependency

83/100
Critical — business is the founder

The 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 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

79/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. 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 17 years.
  • secondaryStable-but-static management: Company is 17 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Howard William James Boles
Individual · British · DOB 10/1958 · age 68
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Karen Louise Magowan
Individual · British · DOB 08/1982 · age 44
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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
Incorporated2009-01-19
Jurisdictionnorthern-ireland
Primary SIC46140 — SIC 46140

Registered office

Unit 25 East Belfast Enterprise Park
308 Albertbridge Road
Belfast
BT5 4GX
Northern Ireland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-20
Last: 2026-01-06

Officers (3 active · 0 resigned)

MELDRUM, Geoffrey→
secretary · appointed 2009-01-19
View their other companies + combined net worth →
Active
BOLES, Howard William James→
director · ~68y · appointed 2009-01-19
View their other companies + combined net worth →
Active
MAGOWAN, Karen Louise→
director · ~44y · appointed 2009-08-13
View their other companies + combined net worth →
Active

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

Recent filings (43 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-21
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-09
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-22
confirmation-statement-with-updates
confirmation-statement · CS01
2020-01-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-05-23
accounts-with-accounts-type-micro-entity
accounts · AA
2019-05-13