BSB STRUCTURAL LTD.

🌳Matureactive

SC277667 · ltd · incorporated 2004-12-21

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

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

£20.18M

year to Mar 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Manufacture of metal structures and parts of structures

Sector: Manufacturing

Investor take

Pursue

Conservative operator. Family succession underway — not a classic acquisition target.

Opportunity 80/100 (exceptional), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. 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: strategic trade sale (78/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 21.3y

45/100

clean up first

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

· Oldest live charge is 21.3 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 30/100 — workable, but lender will want more DD.
· Profitable and stable/growing — lender coverage supportable.

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

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

15 officers (8 active, 15 linked, 10 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

2 connected companies via shared directors

Filing history

92 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Profitable

Profit before tax £3,045,135

Turnover YoY

+5%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Turnover	£20.18M	£19.26M
Gross profit	£5.63M	£5.15M
Operating profit	£3.06M	£2.68M
Profit before tax	£3.05M	£2.66M
Average employees	7300	7200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (45 events)Click to expand

2025-08-22
📄
accounts-with-accounts-type-full
accounts · AA
2024-11-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-10-28
➕
GARDINER, Alan George appointed
director
2024-10-28
➕
LOGAN, Scott Ian appointed
director
2024-10-28
➕
MCKENNA, Gerard Matthew appointed
director
2024-10-28
➕
REID, Christopher appointed
director
2024-08-26
📄
accounts-with-accounts-type-full
accounts · AA
2023-09-05
📄
accounts-with-accounts-type-full
accounts · AA
2022-07-13
📄
accounts-with-accounts-type-full
accounts · AA
2022-01-10
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-01-10
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-07-10
📄
accounts-with-accounts-type-full
accounts · AA
2021-06-17
➖
BROWN, Alan resigned
director
2021-06-17
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-08-18
📄
accounts-with-accounts-type-full
accounts · AA
2020-07-07
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-07-07
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-07-07
🔓
Charge satisfied #2
2020-07-07
🔓
Charge satisfied #1
2019-10-29
📄
accounts-with-accounts-type-full
accounts · AA
2019-04-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-03-27
➖
MCCANN, William George resigned
director
2017-03-14
🔒
Charge registered #3
Lender: Bank of Scotland PLC
2017-01-05
➕
MCCANN, William George appointed
director
2014-12-19
🔒
Charge registered #2
Lender: Lombard North Central PLC
2009-05-13
➖
CRAIG, Blair Thomas resigned
director
2009-02-27
➕
BELL, William appointed
secretary
2009-02-27
➖
COOPER, John resigned
secretary
2008-02-15
➕
CRAIG, Blair Thomas appointed
director
2007-03-12
➕
COOPER, John appointed
secretary
2007-03-12
➖
SHIELDS, Stuart resigned
secretary
2006-02-13
➕
MCKENNA, Gerrard appointed
director
2005-03-04
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2004-12-21
🏢
Company incorporated
As BSB STRUCTURAL LTD.
2004-12-21
➕
BELL, William appointed
director
2004-12-21
➕
SHIELDS, Stuart James appointed
director
2004-12-21
➕
SHIELDS, Stuart appointed
secretary
2004-12-21
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2004-12-21
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2004-12-21
➕
BROWN, Alan appointed
director
2004-12-21
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2004-12-21
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-7 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 65 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

30/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

primaryFamily succession underway: Not a takeover target — MCKENNA, Gerard Matthew (same surname) appointed 2024-10-28. Pattern consistent with intra-family handover.
primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Bsb Structural Topco Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Bsb Structural Topco Ltd

Corporate parent · holds 75-100% shares

ultimate parent

⬇

BSB STRUCTURAL LTD.

This company · SC277667

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
Bsb Structural Topco Ltd Corporate entity	75–100%	—	75-100% shares	06/04/2016

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 · Manufacturing · ML postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BROWN MCFARLANE LIMITED→ SC121113 · est 1989	£6.25M £4.87M–£7.64M	—	—	92	36y	87	60y
IMV TECHNOLOGIES UK LIMITED→ SC085981 · est 1983	£5.78M £4.49M–£7.06M	£16.44M	—	66	42y	83	59y
RAINBOW BLINDS AND FABRICS LIMITED→ SC191505 · est 1998	£1.52M £1.18M–£1.86M	£4.18M	—	5100	27y	88	64y
BRYSON TRACTORS LIMITED→ SC235088 · est 2002	£949.1k £738.2k–£1.16M	—	—	41	23y	87	62y
BROWN MCFARLANE PRECISION ENGINEERING LIMITED→ SC652564 · est 2020	£882.0k £686.0k–£1.08M	—	—	6	6y	83	60y
PARKBURN PRECISION HANDLING SYSTEMS LIMITED→ SC158127 · est 1995	£570.0k £443.3k–£696.7k	—	—	68	31y	85	69y
MV FRUEHAUF LTD→ SC708376 · est 2021	£150.9k £117.4k–£184.4k	—	—	149	4y	82	63y
CONSARC ENGINEERING LIMITED→ SC019918 · est 1937 · no financials extracted	—	—	—	—	88y	83	79y
CRANE MAINTAIN LTD→ SC317952 · est 2007	—	—	£852.7k	—	19y	83	59y
GLENISLA KILTS LIMITED→ SC217626 · est 2001	—	—	£63.7k	—	25y	83	74y
HUGH LOGAN PLANT & ENGINEERING SERVICES LIMITED→ SC060061 · est 1976	—	—	£1.25M	—	50y	83	59y
JAMES COWIE & CO. LIMITED→ SC039171 · est 1963 · no financials extracted	—	—	—	—	62y	83	59y

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.

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Company details

Statusactive

Typeltd

Incorporated2004-12-21

Jurisdictionscotland

Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

Unit 4 Suite 2a, Flemington Court

Flemington Industrial Park, Craigneuk Street

Motherwell

Lanarkshire

ML1 2NT

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-01-04

Last: 2025-12-21