B & G CONTRACTS LIMITED
- · Oldest live charge 20.9y old — refinance window within 12 months
Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 20.9y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 20.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-30 |
|---|---|---|
| Total assets | £973.0k | £1.17M |
| Current assets | £840.0k | £899.4k |
| Cash | £426.2k | £352.0k |
| Debtors | £413.8k | £547.4k |
| Net assets | £600.0k | £815.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 accounts
Corporate timeline (29 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-03-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-03-02📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-03-01📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-02-27📄gazette-notice-compulsorygazette · GAZ1
- 2023-03-06📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-04-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-03-29📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-04-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-04-08🔒Charge registered #2Lender: Bank of Scotland PLC
- 2021-02-10📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-12-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-08-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2019-08-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-08-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-12-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-12-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2016-03-30🔓Charge satisfied #1
- 2013-09-02➕GILMOUR, Jim Kerr appointeddirector
- 2013-09-02➕GILMOUR, Roberta Black appointeddirector
- 2013-09-02➕GILMOUR, Ross James appointeddirector
- 2005-06-01🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2003-08-21🏢Company incorporatedAs B & G CONTRACTS LIMITED
- 2003-08-21➕FOX, Brian Michael appointedsecretary
- 2003-08-21➕GILMOUR, James appointeddirector
- 2003-08-21➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2003-08-21➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2003-08-21➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2003-08-21➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 71 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
cleanGroup structure
B & G Contracts Holdings 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 |
|---|---|---|---|---|
B & G Contracts Holdings Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 25/10/2018 |
2 historic (ceased) PSCs
- Mr James Gilmourceased 25/10/2018· 25-50% shares · 25-50% voting · significant influence
- Mrs Roberta Black Gilmourceased 25/10/2018· 25-50% shares · 25-50% voting · significant influence
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.
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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 →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 (5 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 08/04/2021 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 01/06/2005 | 30/03/2016 |