BELLSHILL METAL WORKS (GLASGOW) LIMITED

🌳Matureactive
SC026908 · ltd · incorporated 1949-03-19
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 10.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£263.0k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 68-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 68). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 10.6y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 10.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 7 with DOB)
86
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
107 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £262,971
Net assets shrinking
Down £19,479 YoY
Cash YoY
-15%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£110k
↓ 15% YoY
Net Worth
£263k
↓ 6.9% YoY
Current Assets
£110k
↓ 15% YoY
Current Liabilities
—
£0£56k£113k£169k£226k£282kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£263.3k£282.8k
Current assets£109.7k£129.1k
Cash£109.7k£128.6k
Debtors—£500
Net assets£263.0k£282.4k

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 (31 events)Click to expand
  1. 2025-08-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2024-10-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-02-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2024-02-01
    🔓
    Charge satisfied #1
  6. 2023-11-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-12-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2022-12-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2022-12-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2022-12-12
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  11. 2022-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-12-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2021-10-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-11-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2015-11-03
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  19. 2015-11-03
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  20. 2015-10-15
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  21. 2015-04-06
    ➕
    BEATTIE, Sandra appointed
    director
  22. 2015-04-06
    ➕
    CONNACHER, Pamela Isabella appointed
    director
  23. 2015-04-06
    ➕
    CONNACHER, Pamela Isabella appointed
    director
  24. 2015-04-06
    ➖
    CONNACHER, Pamela Isabella resigned
    director
  25. 2015-04-06
    ➖
    WHITE, Janette Clark Cairns resigned
    director
  26. 2015-04-06
    ➖
    WHITE, John resigned
    director
  27. 1997-04-01
    ➕
    CONNACHER, Pamela Isabella appointed
    secretary
  28. 1997-04-01
    ➖
    WHITE, Janette Clark Cairns resigned
    secretary
  29. 1992-07-18
    ➖
    WHITE, Daniel Taylor resigned
    director
  30. 1991-09-20
    ➕
    BEATTIE, Ian Hunter appointed
    director
  31. 1949-03-19
    🏢
    Company incorporated
    As BELLSHILL METAL WORKS (GLASGOW) LIMITED

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
  • +Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100
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.
  • primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 77 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
Mrs Sandra Beattie
Individual · British · DOB 06/1963 · age 63
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Pamela Isabella Connacher
Individual · British · DOB 09/1958 · age 68
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.

🔒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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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
Incorporated1949-03-19
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

71 Heron View
Motherwell
Lanarkshire
ML1 2FL

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (4 active · 5 resigned)

CONNACHER, Pamela Isabella→
secretary · appointed 1997-04-01
View their other companies + combined net worth →
Active
BEATTIE, Ian Hunter→
director · ~68y · appointed 1991-09-20
View their other companies + combined net worth →
Active
BEATTIE, Sandra→
director · ~63y · appointed 2015-04-06
View their other companies + combined net worth →
Active
CONNACHER, Pamela Isabella→
director · ~68y · appointed 2015-04-06
View their other companies + combined net worth →
Active
WHITE, Janette Clark Cairns→
secretary · resigned 1997-04-01
Resigned
CONNACHER, Pamela Isabella→
director · ~63y · appointed 2015-04-06 · resigned 2015-04-06
Resigned
WHITE, Daniel Taylor→
director · ~123y · resigned 1992-07-18
Resigned
WHITE, Janette Clark Cairns→
director · ~91y · resigned 2015-04-06
Resigned
WHITE, John→
director · ~94y · resigned 2015-04-06
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property03/11/2015—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property03/11/2015—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—15/10/201501/02/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (107 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-23
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-12
change-person-director-company-with-change-date
officers · CH01
2022-12-12
change-person-secretary-company-with-change-date
officers · CH03
2022-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-05