UNION BRIDGE LIMITED
- · Oldest live charge 29.3y old — refinance window within 12 months
Opportunity 50/100 (worth a look), bankability 60/100. Strong seller-intent signal (88/100, director aged 79). 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 (58/100). Current lenders should be on monthly review.
Refinance opportunity
4 live charges · 2 lenders · oldest 29.3y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 29.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (75/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2017-09-30 |
|---|---|
| Total assets | £735.2k |
| Current assets | £179.4k |
| Cash | £207 |
| Debtors | £179.2k |
| Net assets | £735.2k |
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
Corporate timeline (50 events)Click to expand
- 2023-02-28⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2023-02-28🏁Company dissolved
- 2022-11-28⚠️liquidation-voluntary-creditors-return-of-final-meeting-scotlandinsolvency · LIQ14(Scot)
- 2019-09-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-09-30📄resolutionresolution · RESOLUTIONS
- 2019-09-25📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2019-09-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-09-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-08-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-08-27📄gazette-notice-compulsorygazette · GAZ1
- 2019-08-01➖SUTTIE, David Anderson resigneddirector
- 2018-07-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-01-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-01-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-06-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-11-30➕SUTTIE, David Anderson appointeddirector
- 2016-11-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-11-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-07-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-06-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-10-24📄gazette-filings-brought-up-to-dategazette · DISS40
- 2015-10-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-10-20📄gazette-notice-compulsorygazette · GAZ1
- 2015-06-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-08-07📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-07-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-07-26🔓Charge satisfied #4
- 2009-07-17➖GEORGE, Steven Richard resignedsecretary
- 2009-03-31➕GEORGE, Steven Richard appointedsecretary
- 2009-03-31➖PETERKINS, SOLICITORS resignedcorporate-nominee-secretary
- 2004-03-23🔓Charge satisfied #2
- 2004-03-23🔓Charge satisfied #3
- 2004-03-19🔓Charge satisfied #1
- 2004-01-14🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 2003-11-19➖FONG, Nicola Ann resigneddirector
- 2002-10-10➖FONG, David resigneddirector
- 2002-10-09➕FONG, Nicola Ann appointeddirector
- 2000-07-01➖FONG, George Fu Yau resigneddirector
- 1997-07-10🔒Charge registered #2Lender: Tsb Bank Scotland PLC
- 1997-07-03🔒Charge registered #3Lender: Tsb Bank Scotland PLC
- 1997-04-25➕SUTTIE, Ian Alexander, Mr. appointeddirector
- 1997-01-27🔒Charge registered #1Lender: Tsb Bank Scotland PLC
- 1996-12-06➕FONG, David appointeddirector
- 1996-12-06➕FONG, George Fu Yau appointeddirector
- 1996-12-06➖HUNTER, Neil Cameron resignednominee-director
- 1996-12-06➖RENNIE, Thomas George resignednominee-director
- 1996-06-24🏢Company incorporatedAs UNION BRIDGE LIMITED
- 1996-06-24➕PETERKINS, SOLICITORS appointedcorporate-nominee-secretary
- 1996-06-24➕HUNTER, Neil Cameron appointednominee-director
- 1996-06-24➕RENNIE, Thomas George appointednominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 79 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 30 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 · 1 med ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2023-02-28
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2023-02-28: gazette-dissolved-liquidation; 2022-11-28: liquidation-voluntary-creditors-return-of-final-meeting-scotland
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Anderson Suttie Individual · British · DOB 07/1954 · age 72 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Ian Alexander Suttie Individual · British · DOB 06/1947 · age 79 | 25–50% | — | 25-50% shares | 06/04/2016 |
1 historic (ceased) PSC
- Mr David Anderson Suttieceased 01/08/2019· 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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11 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 · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 14/01/2004 | 26/07/2013 | |
| satisfied | Lloyds Banking Group Tsb Bank Scotland PLC | Standard security | 2 properties | 10/07/1997 | 23/03/2004 | |
| satisfied | Lloyds Banking Group Tsb Bank Scotland PLC | Standard security | 1 property | 03/07/1997 | 23/03/2004 | |
| satisfied | Lloyds Banking Group Tsb Bank Scotland PLC | Bond & floating charge | 1 property | 27/01/1997 | 19/03/2004 |