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 material changes in the last 90 days.

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 21.4y

45/100

clean up first

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

· Oldest live charge is 21.4 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

filings

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 22 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 22 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

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BROWN MCFARLANE LIMITED→ SC121113 · est 1989	£6.25M £4.87M–£7.64M	—	—	92	36y	87	60y
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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	—	—	£2.72M	—	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