BRIT BIT LIMITED
- · Oldest live charge 38.0y old — refinance window within 12 months
Opportunity 50/100 (worth a look), bankability 60/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (50/100). Current lenders should be on monthly review.
Refinance opportunity
1 live charge · oldest 38.0y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 38.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: low (53/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (63 events)Click to expand
- 2016-04-06⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2016-04-06🏁Company dissolved
- 2016-01-06⚠️liquidation-voluntary-return-of-final-meeting-scotlandinsolvency · 4.26(Scot)
- 2015-07-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2015-07-28📄resolutionresolution · RESOLUTIONS
- 2015-01-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-08-05📄accounts-with-accounts-type-fullaccounts · AA
- 2014-01-08📄auditors-resignation-companyauditors · AUD
- 2013-12-30📄auditors-resignation-companyauditors · AUD
- 2013-11-28📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-07-09📄accounts-with-accounts-type-fullaccounts · AA
- 2013-04-18➕ROSE-GARVIE, Gemma appointedsecretary
- 2013-04-18➕MACLEOD, Neil Alexander appointeddirector
- 2013-04-18➖MONCUR, Brian resignedsecretary
- 2013-04-18➖MONCUR, Brian resigneddirector
- 2013-04-18📄appoint-person-secretary-company-with-nameofficers · AP03
- 2013-04-18📄appoint-person-director-company-with-nameofficers · AP01
- 2013-04-18📄termination-director-company-with-nameofficers · TM01
- 2013-04-18📄termination-secretary-company-with-nameofficers · TM02
- 2012-11-16📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-09-14📄accounts-with-accounts-type-fullaccounts · AA
- 2012-09-06📄appoint-person-director-company-with-nameofficers · AP01
- 2012-09-05📄appoint-person-director-company-with-nameofficers · AP01
- 2012-09-05📄termination-director-company-with-nameofficers · TM01
- 2012-09-04➕PRENTICE, Euan Robertson appointeddirector
- 2012-09-04➕THOMSON, Julie Mary appointeddirector
- 2012-09-04➖FULTON, William Gray resigneddirector
- 2011-12-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-08-10📄accounts-with-accounts-type-fullaccounts · AA
- 2011-06-20📄change-person-director-company-with-change-dateofficers · CH01
- 2011-06-20📄change-person-secretary-company-with-change-dateofficers · CH03
- 2011-05-12📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2011-03-15📄appoint-person-director-company-with-nameofficers · AP01
- 2011-02-25➖HENRY, Joseph Claude resigneddirector
- 2011-02-25➕MONCUR, Brian appointeddirector
- 2009-10-02➖FULTON, William Gray resignedsecretary
- 2009-10-02➕MONCUR, Brian appointedsecretary
- 2009-10-02➖FRASER, Iain resigneddirector
- 2009-10-02➕FULTON, William Gray appointeddirector
- 2009-06-03➕HENRY, Joseph Claude appointeddirector
- 2009-06-03➖MARTIN, Burt Michael resigneddirector
- 2005-11-24➖BOARDMAN, Angela resigneddirector
- 2003-12-31➕BOARDMAN, Angela appointeddirector
- 2003-12-31➖SEDGE, Douglas Alan resigneddirector
- 2003-10-27➕FRASER, Iain appointeddirector
- 2001-07-10🔓Charge satisfied #1
- 2001-07-03➕FULTON, William Gray appointedsecretary
- 2001-07-03➖PAULL & WILLIAMSONS resignedcorporate-secretary
- 2001-07-03➖HAITES, Binnert Ruerd resigneddirector
- 2001-07-03➕MARTIN, Burt Michael appointeddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondary12+ year tenure: Director in role 14 years.
- secondaryStable-but-static management: Company is 38 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
2 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2016-04-06
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2016-04-06: gazette-dissolved-liquidation; 2016-01-06: liquidation-voluntary-return-of-final-meeting-scotland
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 · Manufacturing · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GRAY & ADAMS LIMITED→ SC047482 · est 1970 | £75.13M £58.44M–£91.83M | — | — | 502 | 56y | 87 | 71y |
| GRAY & ADAMS GROUP LIMITED→ SC230241 · est 2002 | £53.82M £41.86M–£65.78M | — | — | 0 | 24y | 85 | 71y |
| GRAY & ADAMS (DUNFERMLINE) LIMITED→ SC082971 · est 1983 | £17.07M £13.28M–£20.87M | — | — | 106 | 43y | 85 | 71y |
| GRAY & ADAMS (DONCASTER) LIMITED→ SC128013 · est 1990 | £16.62M £12.93M–£20.32M | — | — | 101 | 35y | 87 | 71y |
| INTERWELL LIMITED→ SC391140 · est 2011 | £10.98M £8.54M–£13.42M | £33.44M | — | 7800 | 15y | 91 | 60y |
| EBLAST LIMITED→ SC202165 · est 1999 | £8.03M £6.24M–£9.81M | £11.11M | — | 7400 | 26y | 88 | 57y |
| ROTECH SUBSEA LIMITED→ SC451221 · est 2013 | £6.41M £4.99M–£7.83M | £17.20M | — | 4800 | 12y | 84 | 58y |
| DALES ENGINEERING SERVICES LIMITED→ SC107948 · est 1987 | £6.22M £4.84M–£7.60M | £21.87M | — | 11000 | 38y | 93 | 70y |
| SUPERIOR ENERGY SERVICES LIMITED→ SC259694 · est 2003 | £6.15M £4.78M–£7.51M | £1.45M | — | 1500 | 22y | 94 | 60y |
| IMENCO UK LIMITED→ SC372021 · est 2010 | £5.97M £4.64M–£7.29M | £17.33M | — | 11500 | 16y | 95 | 71y |
| VECTOR SUPPLIES LIMITED→ SC103810 · est 1987 | £1.63M £1.27M–£1.99M | — | — | 16 | 39y | 85 | 71y |
| EXCEED TORRIDON LIMITED→ SC508840 · est 2015 | — | — | — | 54 | 10y | 84 | 65y |
9 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 →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
Registered office
Filing status
Officers (0 active · 16 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 02/06/1988 | 10/07/2001 |