CHAPELHALL INDUSTRIAL BEARINGS LIMITED
🌳Matureactive
SC116385 · ltd · incorporated 1989-02-24
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 35.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£74.9k
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: SIC 46760
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 89-year-old founder — textbook succession opportunity.
Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 89). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · oldest 35.7y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 35.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (5 active, 7 linked, 5 with DOB)
84
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
94 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 · accounting standard not declaredPositive net assets
Net assets £74,947
Net assets shrinking
Down £18,605 YoY
Cash YoY
+6%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£60k
↑ 5.7% YoY
Net Worth
£75k
↓ 20% YoY
Current Assets
£110k
↓ 33% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £81.6k | £111.7k |
| Current assets | £110.2k | £164.4k |
| Cash | £59.7k | £56.4k |
| Debtors | £40.0k | £97.6k |
| Net assets | £74.9k | £93.6k |
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 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2025-11-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-11-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-08-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-09-02📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-01-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-01-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-02-17📄accounts-with-made-up-dateaccounts · AA
- 2019-02-08📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-11-13📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-01-19📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-20📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-09-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-12-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 1997-11-05➕HAY, Ian appointeddirector
- 1997-11-05➕HAY, Robert appointeddirector
- 1997-04-10➕HAY, Alison Baxter appointedsecretary
- 1997-04-10➕HAY, Alison Baxter appointeddirector
- 1997-03-26➖NEILSON, Adam resignedsecretary
- 1997-03-26➖NEILSON, Adam resigneddirector
- 1995-09-14🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1990-08-18🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1989-02-24🏢Company incorporatedAs CHAPELHALL INDUSTRIAL BEARINGS LIMITED
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 89 — succession pressure is live.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 89 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 37 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Robert Hay Individual · British · DOB 08/1959 · age 67 | — | — | sig. influencesignificant influence | 06/04/2016 |
Mr Ian Hay Individual · British · DOB 05/1963 · age 63 | — | — | sig. influencesignificant influence | 06/04/2016 |
2 historic (ceased) PSCs
- Mr James Hayceased 31/03/2023· significant influence
- Mrs Alison Baxter Hayceased 31/03/2023· significant influence
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 · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AMZCONRSELL LIMITED→ SC866666 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BUSINESS TRENDZ PVT LTD→ SC777737 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| COMFYME LTD→ SC743345 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| DARNGAVEL MINING CO LTD→ SC606023 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| DEMMA GROUP LTD→ SC836123 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| DEROSA LTD→ SC837730 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| DEVINE QUALITY FOODS LIMITED→ SC226184 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| DIVANIA LIMITED→ SC432025 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| DIVRENGI LTD→ SC800353 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| DJ DISCOUNTS LIMITED→ SC867613 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DRESS FOR SUCCESS SCOTLAND LTD→ SC371432 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| DRINK CO EVENTS LTD→ SC871584 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated1989-02-24
Jurisdictionscotland
Primary SIC46760 — SIC 46760
Registered office
Block 4, Unit 5, Burns Road
Chapelhall Industrial Estate
Airdrie
ML6 8QH
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-08-30
Last: 2025-08-16
Officers (5 active · 2 resigned)
HAY, Alison Baxter→
Activesecretary · appointed 1997-04-10
View their other companies + combined net worth →
HAY, Alison Baxter→
Activedirector · ~87y · appointed 1997-04-10
View their other companies + combined net worth →
Active
Active
Active
NEILSON, Adam→
Resignedsecretary · resigned 1997-03-26
NEILSON, Adam→
Resigneddirector · ~84y · resigned 1997-03-26
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 14/09/1995 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 18/08/1990 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (94 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-11-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-09-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-08
accounts-with-made-up-date
accounts · AA
2020-02-17