STRATHBOND LIMITED

🌳Matureactive
SC044198 · ltd · incorporated 1967-01-10
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£511.8k
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: SIC 20590
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 63-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 57/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 57.3y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 57.3 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

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
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 8 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
104 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.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £511,840
Cash YoY
-23%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£49k
↓ 23% YoY
Net Worth
£512k
↑ 2.0% YoY
Current Assets
£145k
↓ 11% YoY
Current Liabilities
—
£0£102k£205k£307k£409k£512kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Total assets£526.4k£518.7k
Current assets£144.9k£163.0k
Cash£48.7k£63.3k
Debtors£68.3k£67.9k
Net assets£511.8k£501.6k

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
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-10-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-05-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2018-08-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-08-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-07-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2016-11-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2016-11-25
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2016-08-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-06-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-12-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2014-04-05
    ➖
    ALLAM, Evelyn Mary resigned
    secretary
  18. 2014-04-05
    ➖
    ALLAM, Evelyn Mary resigned
    director
  19. 2010-03-10
    ➖
    ALLAM, Joseph William Scott resigned
    director
  20. 2008-03-07
    🔓
    Charge satisfied #1
  21. 2005-05-23
    🔒
    Charge registered #5
    Lender: Clydesdale Bank Public Limited Company
  22. 2005-02-01
    ➖
    COWAN, Wavell Frederick resigned
    director
  23. 2005-02-01
    ➖
    FITZPATRICK, Julie Lydia, Professor resigned
    director
  24. 2004-09-30
    ➕
    GRANT, Graeme appointed
    director
  25. 2004-05-28
    ➖
    NEISON, John resigned
    director
  26. 1997-03-04
    🔒
    Charge registered #4
    Lender: Clydesdale Bank Public Limited Company
  27. 1990-06-13
    ➖
    NEISON, John resigned
    director
  28. 1990-01-31
    ➕
    ALLAM, Stephen George appointed
    director
  29. 1986-11-14
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  30. 1969-02-18
    🔒
    Charge registered #2
    Lender: The Council for Small Industries in Rural Areas
  31. 1969-01-31
    🔒
    Charge registered #1
    Lender: The Council for Small Industries in Rural Areas
  32. 1967-01-10
    🏢
    Company incorporated
    As STRATHBOND LIMITED

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 36 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

86/100
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 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 36 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 59 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Stephen Allam
Individual · British · DOB 03/1963 · age 63
75–100%
—75-100% shares06/04/2016

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
Incorporated1967-01-10
Jurisdictionscotland
Primary SIC20590 — SIC 20590

Registered office

21 Forbes Place
Paisley
PA1 1UT
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-06-27
Last: 2025-06-13

Officers (2 active · 7 resigned)

ALLAM, Stephen George→
director · ~63y · appointed 1990-01-31
View their other companies + combined net worth →
Active
GRANT, Graeme→
director · ~63y · appointed 2004-09-30
View their other companies + combined net worth →
Active
ALLAM, Evelyn Mary→
secretary · resigned 2014-04-05
Resigned
ALLAM, Evelyn Mary→
director · ~94y · resigned 2014-04-05
Resigned
ALLAM, Joseph William Scott→
director · ~96y · resigned 2010-03-10
Resigned
COWAN, Wavell Frederick→
director · ~91y · resigned 2005-02-01
Resigned
FITZPATRICK, Julie Lydia, Professor→
director · ~66y · resigned 2005-02-01
Resigned
NEISON, John→
director · ~84y · resigned 2004-05-28
Resigned
NEISON, John→
director · ~84y · resigned 1990-06-13
Resigned

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

Mortgages & charges

5
Total charges
4
Outstanding
3
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security2 properties23/05/2005—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property04/03/1997—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Letter of offset1 property14/11/1986—
outstanding
The Council for Small Industries in Rural Areas
Disposition & minute of agreement1 property18/02/1969—
satisfied
The Council for Small Industries in Rural Areas
Instrument of charge1 property31/01/196907/03/2008
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (104 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-11
confirmation-statement-with-updates
confirmation-statement · CS01
2019-07-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-05-28