BOSWELL MITCHELL & JOHNSTON LIMITED

🌳Matureactive
SC258273 · ltd · incorporated 2003-10-27
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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 18.7y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
£3.06M
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 83/100 (exceptional), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 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 · 2 lenders · oldest 18.7y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 18.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (85/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
14 officers (3 active, 14 linked, 10 with DOB)
84
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
157 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 declared
Positive net assets
Net assets £3,060,634
Cash YoY
+72%
Year on year

Key financials

3 years extracted from filed iXBRL accounts
Cash
£2.7m
↑ 72% YoY
Net Worth
£3.1m
↑ 22% YoY
Current Assets
£3.7m
↑ 27% YoY
Current Liabilities
—
£0£745k£1.5m£2.2m£3.0m£3.7mDec 2023Dec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-12-312024-12-312023-12-31
Total assets£3.08M£2.54M£2.07M
Current assets£3.72M£2.93M£2.41M
Cash£2.71M£1.57M£1.51M
Debtors£1.02M£1.37M£903.9k
Net assets£3.06M£2.52M£2.06M

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
  1. 2026-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-24
    📄
    capital-return-purchase-own-shares
    capital · SH03
  3. 2025-07-17
    📄
    capital-cancellation-shares
    capital · SH06
  4. 2025-05-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-05-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-05-15
    ➖
    SASAN, Babak resigned
    director
  7. 2024-07-16
    📄
    capital-alter-shares-redemption-statement-of-capital
    capital · SH02
  8. 2024-07-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-06-28
    📄
    capital-return-purchase-own-shares
    capital · SH03
  10. 2024-06-12
    📄
    capital-cancellation-shares
    capital · SH06
  11. 2024-06-05
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2023-05-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-09-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2022-09-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2022-09-08
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  16. 2022-05-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2022-03-11
    📄
    capital-return-purchase-own-shares
    capital · SH03
  18. 2022-02-22
    📄
    capital-cancellation-shares
    capital · SH06
  19. 2022-02-17
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2021-07-07
    📄
    capital-alter-shares-redemption-statement-of-capital
    capital · SH02
  21. 2021-06-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2021-06-04
    ➖
    DEB, Rajib Kumar resigned
    director
  23. 2021-05-01
    ➕
    SASAN, Babak appointed
    director
  24. 2019-12-16
    ➖
    GRIER, George Scott resigned
    director
  25. 2016-01-29
    ➖
    STUART, Graham resigned
    director
  26. 2014-01-01
    ➕
    LEACH, Duncan George, Mr. appointed
    director
  27. 2013-09-06
    ➖
    STUART, Graham resigned
    secretary
  28. 2013-06-03
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  29. 2013-01-01
    ➕
    DEB, Rajib Kumar appointed
    director
  30. 2012-07-31
    ➖
    MCCONNELL, Brian George resigned
    director
  31. 2010-03-01
    ➕
    MCCONNELL, Brian George appointed
    director
  32. 2009-12-31
    ➖
    MCLEAN, Malcolm resigned
    director
  33. 2009-05-07
    ➕
    STUART, Graham appointed
    secretary
  34. 2009-05-01
    ➕
    SCOTT, Sonia Mary appointed
    director
  35. 2009-05-01
    ➖
    BASSY, Ian resigned
    secretary
  36. 2009-05-01
    ➖
    BASSY, Ian resigned
    director
  37. 2008-04-01
    ➕
    BENN, Nicholas appointed
    director
  38. 2007-10-29
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  39. 2005-03-14
    ➕
    GRIER, George Scott appointed
    director
  40. 2005-03-14
    ➕
    STUART, Graham appointed
    director
  41. 2005-01-12
    ➕
    BASSY, Ian appointed
    secretary
  42. 2005-01-12
    ➖
    LYCIDAS SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  43. 2003-12-04
    ➕
    BASSY, Ian appointed
    director
  44. 2003-12-04
    ➕
    MCLEAN, Malcolm appointed
    director
  45. 2003-12-04
    ➖
    LYCIDAS NOMINEES LIMITED resigned
    corporate-nominee-director
  46. 2003-10-27
    🏢
    Company incorporated
    As BOSWELL MITCHELL & JOHNSTON LIMITED
  47. 2003-10-27
    ➕
    LYCIDAS SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  48. 2003-10-27
    ➕
    LYCIDAS NOMINEES LIMITED appointed
    corporate-nominee-director

Owner dependency

68/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

63/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondary12+ year tenure: Director in role 18 years.
  • 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Nicholas Benn
Individual · British · DOB 10/1970 · age 56
25–50%
25–50%board control25-50% shares · 25-50% voting · board control10/02/2022
Ms Sonia Mary Scott
Individual · British · DOB 11/1971 · age 55
25–50%
25–50%board control25-50% shares · 25-50% voting · board control10/02/2022

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2003-10-27
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

The Hub
70 Pacific Quay
Glasgow
G51 1DZ

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-08-18
Last: 2025-08-04

Officers (3 active · 11 resigned)

BENN, Nicholas→
director · ~56y · appointed 2008-04-01
View their other companies + combined net worth →
Active
LEACH, Duncan George, Mr.→
director · ~59y · appointed 2014-01-01
View their other companies + combined net worth →
Active
SCOTT, Sonia Mary→
director · ~55y · appointed 2009-05-01
View their other companies + combined net worth →
Active
BASSY, Ian→
secretary · appointed 2005-01-12 · resigned 2009-05-01
Resigned
STUART, Graham→
secretary · appointed 2009-05-07 · resigned 2013-09-06
Resigned
LYCIDAS SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2003-10-27 · resigned 2005-01-12
Resigned
BASSY, Ian→
director · ~78y · appointed 2003-12-04 · resigned 2009-05-01
Resigned
DEB, Rajib Kumar→
director · ~51y · appointed 2013-01-01 · resigned 2021-06-04
Resigned
GRIER, George Scott→
director · ~70y · appointed 2005-03-14 · resigned 2019-12-16
Resigned
MCCONNELL, Brian George→
director · ~62y · appointed 2010-03-01 · resigned 2012-07-31
Resigned
MCLEAN, Malcolm→
director · ~78y · appointed 2003-12-04 · resigned 2009-12-31
Resigned
SASAN, Babak→
director · ~65y · appointed 2021-05-01 · resigned 2025-05-15
Resigned
STUART, Graham→
director · ~64y · appointed 2005-03-14 · resigned 2016-01-29
Resigned
LYCIDAS NOMINEES LIMITED→
corporate-nominee-director · appointed 2003-10-27 · resigned 2003-12-04
Resigned

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
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge1 property03/06/2013—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property29/10/2007—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (157 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-05
capital-return-purchase-own-shares
capital · SH03
2025-07-24
capital-cancellation-shares
capital · SH06
2025-07-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-21
termination-director-company-with-name-termination-date
officers · TM01
2025-05-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-19
capital-alter-shares-redemption-statement-of-capital
capital · SH02
2024-07-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-05
capital-return-purchase-own-shares
capital · SH03
2024-06-28
capital-cancellation-shares
capital · SH06
2024-06-12
resolution
resolution · RESOLUTIONS
2024-06-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-18
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-12