STRATHAVEN BELTING COMPANY LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 72/100 (strong), bankability 67/100. 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 (58/100).
Refinance opportunity
4 live charges · 3 lenders · oldest 30.9y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 30.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total assets | £67.4k | £39.8k |
| Current assets | £89.0k | £126.6k |
| Cash | £5.5k | — |
| Debtors | £67.9k | — |
| Net assets | £50.1k | £13.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (38 events)Click to expand
- 2026-03-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-06➕MOORE, Amanda Louise appointeddirector
- 2024-02-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-09📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-01-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-08-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-01➖MCMASTER, Daniel Shaun resignedsecretary
- 2022-04-01➖MCMASTER, Daniel Shaun resigneddirector
- 2022-04-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-04-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-08-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-02-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-02-11📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-02-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-02-09➕STONE, Robert Andrew appointeddirector
- 2021-02-09➕MCMASTER, Daniel Shaun appointedsecretary
- 2021-02-09➖STONE, Andrea Geraldine resignedsecretary
- 2021-02-09➕MCMASTER, Daniel Shaun appointeddirector
- 2021-02-09➖STONE, Andrea Geraldine resigneddirector
- 2021-02-09➖STONE, Andrew Jeffrey resigneddirector
- 2021-02-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-02-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-02-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2006-08-09🔒Charge registered #5Lender: Rbs Invoice Finance Limited
- 2003-06-12🔓Charge satisfied #3
- 2003-06-12🔓Charge satisfied #1
- 2000-08-18🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 1995-08-07🔒Charge registered #3Lender: Midland Bank PLC
- 1995-07-03🔒Charge registered #1Lender: Midland Bank PLC
- 1995-01-24🏢Company incorporatedAs STRATHAVEN BELTING COMPANY LIMITED
- 1995-01-24➕STONE, Andrea Geraldine appointedsecretary
- 1995-01-24➕STONE, Andrea Geraldine appointeddirector
- 1995-01-24➕STONE, Andrew Jeffrey appointeddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Belt Company Scotland Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Belt Company Scotland Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 17/01/2023 |
2 historic (ceased) PSCs
- Mr Robert Andrew Stoneceased 17/01/2023· 25-50% shares
- Mr Andrew Jeffrey Stoneceased 09/02/2021· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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6 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 (2 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | NatWest Group Rbs Invoice Finance Limited | Floating charge | 1 property | 09/08/2006 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 18/08/2000 | — | |
| satisfied | Midland Bank Midland Bank PLC | Charge on book debts | 1 property | 07/08/1995 | 12/06/2003 | |
| satisfied | Midland Bank Midland Bank PLC | Bond & floating charge | 1 property | 03/07/1995 | 12/06/2003 |