BOVILL & BOYD (ENGINEERING) LIMITED
📈Growthactive
SC101914 · ltd · incorporated 1986-11-18
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
£2.79M
year to Nov 2024
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
PursueLeverage-led grower with a 65-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (83/100, director aged 65). Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).
🏦
Refinance opportunity
10 live charges · 6 lenders · oldest 39.1y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 39.1 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: high (81/100)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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
12 officers (3 active, 12 linked, 8 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
145 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
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £270,189
Turnover YoY
+4%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Turnover | £2.79M | £2.69M |
| Gross profit | £1.50M | £1.38M |
| Operating profit | £231.6k | £-22.0k |
| Profit before tax | £270.2k | £36.0k |
| Average employees | 1500 | 1400 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
4 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
0
filings
Counts from Companies House filing history.
Corporate timeline (51 events)Click to expand
- 2025-08-26📄accounts-with-accounts-type-smallaccounts · AA
- 2024-08-27📄accounts-with-accounts-type-smallaccounts · AA
- 2024-08-22➖JONES, Roy David resigneddirector
- 2024-08-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-05📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-22🔒Charge registered #10Lender: Hsbc UK Bank PLC
- 2023-08-28📄accounts-with-accounts-type-smallaccounts · AA
- 2022-11-18📄accounts-with-accounts-type-smallaccounts · AA
- 2021-10-13📄accounts-with-accounts-type-smallaccounts · AA
- 2021-09-15📄change-person-director-company-with-change-dateofficers · CH01
- 2021-09-15📄change-person-director-company-with-change-dateofficers · CH01
- 2021-09-15📄change-person-secretary-company-with-change-dateofficers · CH03
- 2021-01-15📄change-person-director-company-with-change-dateofficers · CH01
- 2020-11-20📄accounts-with-accounts-type-smallaccounts · AA
- 2019-08-23📄accounts-with-accounts-type-smallaccounts · AA
- 2019-08-12📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2019-08-12📄change-person-director-company-with-change-dateofficers · CH01
- 2019-08-12📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-08-01➕THURLBOURN, Andrew Colin appointedsecretary
- 2019-07-31➖WHITE, Joanne resignedsecretary
- 2017-08-07➖GILMOUR, Kenneth George White resigneddirector
- 2015-11-01➕WHITE, Joanne appointedsecretary
- 2015-10-31➖THURLBOURN, Andrew resignedsecretary
- 2014-09-05🔒Charge registered #9Lender: Hsbc Bank PLC
- 2014-01-10🔒Charge registered #8Lender: Hsbc Invoice Finance (UK) Limited
- 2013-12-12🔒Charge registered #7Lender: Hsbc Bank PLC
- 2013-11-01🔓Charge satisfied #5
- 2013-11-01🔓Charge satisfied #4
- 2013-11-01🔓Charge satisfied #3
- 2013-09-05🔒Charge registered #6Lender: Hsbc Bank PLC
- 2009-11-04🔒Charge registered #5Lender: Lloyds Tsb Commercial Finance Limited
- 2005-12-01➕BROWN, Tracy Ann appointeddirector
- 2005-12-01➕GILMOUR, Kenneth George White appointeddirector
- 2004-08-13🔓Charge satisfied #2
- 2004-08-13🔓Charge satisfied #1
- 2004-08-11🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 2004-08-04➕THURLBOURN, Andrew appointeddirector
- 2004-08-04➖BOVILL, John C resignedsecretary
- 2004-08-04➕THURLBOURN, Andrew appointedsecretary
- 2004-08-04➖BOVILL, John C resigneddirector
- 2004-08-04➖BOVILL, Valerie M resigneddirector
- 2004-08-04➖BROWN, Tracy Ann resigneddirector
- 2004-08-04➖GILMOUR, Kenneth George White resigneddirector
- 2004-08-04➕JONES, Roy David appointeddirector
- 2004-08-04🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 2000-01-21➕BROWN, Tracy Ann appointeddirector
- 1998-09-23🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 1989-11-01➕GILMOUR, Kenneth George White appointeddirector
- 1987-03-04🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
Showing most recent 50 of 51 events
Owner dependency
83/100
Critical — business is the founderThe 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 22 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
86/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. 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 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 39 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
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
British Gaskets Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
British Gaskets Ltd
Corporate parent · holds 75-100% shares
⬇
BOVILL & BOYD (ENGINEERING) LIMITED
This company · SC101914
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
British Gaskets Ltd Corporate entity | 75–100% | — | 75-100% shares | 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 →Similar companies
Active · Wholesale & distribution · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AN WHOLESALE INC LIMITED→ SC815351 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARDBRAE ORGANIC LIMITED→ SC724949 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BLACK RIDGE IMPORT & LOGISTICS LTD→ SC825121 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BOBA CUP LTD→ SC818431 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BRAVUS EASY SOLUTIONS LIMITED→ SC803778 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BREWGOODER LIMITED→ SC522185 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| BROTHERS IN SPIRIT LIMITED→ SC714914 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BRUNTONS VICTORY STARS F C LTD→ SC683736 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BSEXIM LIMITED→ SC868779 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BT DISTRIBUTION LTD→ SC672304 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BUBBLFIT LTD→ SC849611 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BUBUKE LIMITED→ SC849293 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1986-11-18
Jurisdictionscotland
Primary SIC46900 — Non-specialised wholesale trade
Registered office
6 Langlands Square
Kelvin South Business Park
East Kilbride
G75 0YY
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-10
Last: 2025-10-27
Officers (3 active · 9 resigned)
THURLBOURN, Andrew Colin→
Activesecretary · appointed 2019-08-01
View their other companies + combined net worth →
BROWN, Tracy Ann→
Activedirector · ~56y · appointed 2005-12-01
View their other companies + combined net worth →
THURLBOURN, Andrew→
Activedirector · ~65y · appointed 2004-08-04
View their other companies + combined net worth →
BOVILL, John C→
Resignedsecretary · resigned 2004-08-04
THURLBOURN, Andrew→
Resignedsecretary · appointed 2004-08-04 · resigned 2015-10-31
WHITE, Joanne→
Resignedsecretary · appointed 2015-11-01 · resigned 2019-07-31
BOVILL, John C→
Resigneddirector · ~90y · resigned 2004-08-04
BOVILL, Valerie M→
Resigneddirector · ~89y · resigned 2004-08-04
BROWN, Tracy Ann→
Resigneddirector · ~56y · appointed 2000-01-21 · resigned 2004-08-04
GILMOUR, Kenneth George White→
Resigneddirector · ~77y · appointed 2005-12-01 · resigned 2017-08-07
GILMOUR, Kenneth George White→
Resigneddirector · ~77y · appointed 1989-11-01 · resigned 2004-08-04
JONES, Roy David→
Resigneddirector · ~69y · appointed 2004-08-04 · resigned 2024-08-22
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
5
Outstanding
1
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 22/11/2023 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 05/09/2014 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) Limited | A registered charge | 1 property | 10/01/2014 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 12/12/2013 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 05/09/2013 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Bond & floating charge | 1 property | 04/11/2009 | 01/11/2013 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 11/08/2004 | 01/11/2013 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 04/08/2004 | 01/11/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 23/09/1998 | 13/08/2004 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 04/03/1987 | 13/08/2004 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (145 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-27
accounts-with-accounts-type-small
accounts · AA
2025-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-21
accounts-with-accounts-type-small
accounts · AA
2024-08-27
termination-director-company-with-name-termination-date
officers · TM01
2024-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-25
change-person-director-company-with-change-date
officers · CH01
2024-01-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-12
accounts-with-accounts-type-small
accounts · AA
2023-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-02
accounts-with-accounts-type-small
accounts · AA
2022-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-17
accounts-with-accounts-type-small
accounts · AA
2021-10-13
change-person-director-company-with-change-date
officers · CH01
2021-09-15
change-person-director-company-with-change-date
officers · CH01
2021-09-15