S & B REMOVALS LTD.

⚰️Wound downliquidation

SC289596 · ltd · incorporated 2005-08-30

Investment thesis

Company liquidation — not a live target.

Why interesting: Historical record only; useful for precedent research.

Why risky: Not transactable.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2024

Net worth

£18.3k

book net assets

Opportunity

32/100

Pass

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What this business does

Primary activity: Removal services

Sector: Transportation & storage

ALSO REGISTERED FOR

52103SIC 52103

Investor take

Pass (distressed without resilience)

Distressed low-transparency controlled group — structural issues outweigh the discount.

Opportunity 32/100 (pass), bankability 2/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (85/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

6 live charges · 3 lenders · oldest 12.8y

25/100

too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

· Oldest live charge is 12.8 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 53/100 (high).

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 2 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

6 charges (6/6 with lender, 6/6 with type)

Directors & officers

10 officers (1 active, 10 linked, 5 with DOB)

Ownership & PSC

1 active PSC(s) of 4 total, 4 with control declared

Director network

Network not yet resolved

Filing history

82 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

32/100Pass

PassWatchWorth a lookStrongExceptional

Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Some acquirability indicators.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £18,318

Net assets shrinking

Down £83,892 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£18k

↓ 82% YoY

Current Assets

£264k

↓ 11% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-03-31	2023-03-31
Total assets	£82.2k	£503.1k
Current assets	£263.9k	£295.7k
Net assets	£18.3k	£102.2k

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

Recent activity

Last 30 days

filings

Last 90 days

filings

• 1 address
• 1 insolvency

Last 180 days

filings

• 1 address
• 1 insolvency
• 1 dissolution

Counts from Companies House filing history.

Corporate timeline (47 events)Click to expand

2026-03-09
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-06
⚠️
liquidation-compulsory-notice-winding-up-order-court-scotland
insolvency · WU01(Scot)
2026-01-21
📄
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-12-30
📄
gazette-notice-compulsory
gazette · GAZ1
2025-07-25
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-01
➖
PIDGEON, Paul Martin resigned
director
2024-07-08
➖
MITCHELL, David resigned
secretary
2024-07-08
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2024-04-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-29
➕
KELLY, Sharon appointed
director
2023-11-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-10-10
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-09-30
➖
CREANOR, Gerard resigned
director
2023-03-31
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2023-03-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-10
📄
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-02-28
📄
gazette-notice-compulsory
gazette · GAZ1
2023-01-23
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2023-01-20
➕
MITCHELL, David appointed
secretary
2022-09-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-29
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2021-11-25
➖
MITCHELL, David resigned
secretary
2021-10-15
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-10-06
🔒
Charge registered #6
Lender: Cambridge & Counties Bank Limited
2021-10-05
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-10-04
🔒
Charge registered #5
Lender: Cambridge & Counties Bank Limited
2020-11-12
➕
MITCHELL, David appointed
secretary
2020-09-23
🔒
Charge registered #4
Lender: Stephen William Bowers
2020-09-17
🔓
Charge satisfied #1
2020-09-16
➖
BOWERS, Julie resigned
secretary
2020-09-16
➖
BOWERS, Julie resigned
director
2020-09-16
➖
BOWERS, Stephen William resigned
director
2020-09-16
➕
CREANOR, Gerard appointed
director
2020-09-16
➕
PIDGEON, Paul Martin appointed
director
2014-01-15
🔒
Charge registered #3
Lender: The Royal Bank of Scotland PLC
2014-01-15
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
2013-08-15
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2005-08-30
🏢
Company incorporated
As S & B REMOVALS LTD.
2005-08-30
➕
BOWERS, Julie appointed
secretary
2005-08-30
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2005-08-30
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2005-08-30
➕
BOWERS, Julie appointed
director
2005-08-30
➕
BOWERS, Stephen William appointed
director
2005-08-30
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2005-08-30
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

75/100

High — earn-out structure required

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

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

4 high · 1 low

Accounts overdue

high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-12-31

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-10-26

Company in liquidation

high

Company is actively being wound up. Not a going concern.

1 insolvency-related filing on record

high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-03-06: liquidation-compulsory-notice-winding-up-order-court-scotland

5 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Paul Martin Pidgeon Individual · British · DOB 05/1959 · age 67	25–50%	25–50%	25-50% shares · 25-50% voting	16/09/2020

3 historic (ceased) PSCs

Mr Gerard Creanorceased 30/09/2023· 25-50% shares · 25-50% voting
Mr Stephen William Bowersceased 16/09/2020· 25-50% shares
Mrs Julie Bowersceased 16/09/2020· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Transport & logistics · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CARNTYNE TRANSPORT COMPANY LIMITED→ SC032077 · est 1957	£18.37M £13.78M–£22.96M	—	—	342	69y	88	89y
STEDER GROUP (UK) LIMITED→ SC514277 · est 2015	£13.09M £9.82M–£16.37M	—	—	64	10y	85	59y
TBR GLOBAL LIMITED→ SC466687 · est 2014	£7.53M £5.65M–£9.42M	—	—	23	12y	83	63y
ACCIDON'T LIMITED→ SC196265 · est 1999	£1.85M £1.38M–£2.31M	—	—	8	27y	82	61y
AIR CHARTER SCOTLAND LIMITED→ SC303971 · est 2006	—	—	£574.2k	—	19y	83	65y
B & G CONTRACTS LIMITED→ SC254571 · est 2003	—	—	£600.0k	—	22y	83	71y
GARELOCHHEAD MINIBUSES & COACHES LTD.→ SC203633 · est 2000	—	—	—	3400	26y	83	60y
ABBEY COACHES LTD.→ SC215576 · est 2001	—	—	—	2000	25y	82	73y
ALBATRANS (UK) LIMITED→ SC250946 · est 2003	—	—	£3.84M	—	22y	82	69y
ALEXANDER MARITIME LTD.→ SC276276 · est 2004	—	—	£3.8k	—	21y	82	71y
AMS SCOTLAND LIMITED→ SC312105 · est 2006	—	—	—	1100	19y	82	78y
AVIATION WEST LIMITED→ SC130129 · est 1991	—	—	£74.5k	—	35y	82	73y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

13 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

Statusliquidation

Typeltd

Incorporated2005-08-30

Jurisdictionscotland

Primary SIC49420 — Removal services

Registered office

133 Finnieston Street

Glasgow

G3 8HB

Filing status

Accounts

Next due: 2025-12-31OVERDUE

Last made up to: 2024-03-31

Confirmation statement

Next due: 2025-10-26OVERDUE

Last: 2024-10-12

Officers (1 active · 9 resigned)

KELLY, Sharon→

director · ~54y · appointed 2023-11-29

View their other companies + combined net worth →

Active

BOWERS, Julie→

secretary · appointed 2005-08-30 · resigned 2020-09-16

Resigned

MITCHELL, David→

secretary · appointed 2023-01-20 · resigned 2024-07-08

Resigned

MITCHELL, David→

secretary · appointed 2020-11-12 · resigned 2021-11-25

Resigned

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2005-08-30 · resigned 2005-08-30

Resigned

BOWERS, Julie→

director · ~58y · appointed 2005-08-30 · resigned 2020-09-16

Resigned

BOWERS, Stephen William→

director · ~58y · appointed 2005-08-30 · resigned 2020-09-16

Resigned

CREANOR, Gerard→

director · ~74y · appointed 2020-09-16 · resigned 2023-09-30

Resigned

PIDGEON, Paul Martin→

director · ~67y · appointed 2020-09-16 · resigned 2024-11-01

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2005-08-30 · resigned 2005-08-30

Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:6 of 6 shown

		Type	Properties
outstanding	Cambridge & Counties Cambridge & Counties Bank Limited	A registered charge	1 property	06/10/2021	—
outstanding	Cambridge & Counties Cambridge & Counties Bank Limited	A registered charge	—	04/10/2021	—
outstanding	Stephen William Bowers / Julie Bowers	A registered charge	2 properties	23/09/2020	—
outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	A registered charge	1 property	15/01/2014	—
outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	A registered charge	1 property	15/01/2014	—
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	A registered charge	1 property	15/08/2013	17/09/2020

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (82 total)

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2026-03-09

liquidation-compulsory-notice-winding-up-order-court-scotland

insolvency · WU01(Scot)

2026-03-06

dissolved-compulsory-strike-off-suspended

dissolution · DISS16(SOAS)

2026-01-21

gazette-notice-compulsory

gazette · GAZ1

2025-12-30

termination-director-company-with-name-termination-date

officers · TM01

2025-07-25

accounts-with-accounts-type-micro-entity

accounts · AA

2025-07-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-10-31

termination-secretary-company-with-name-termination-date

officers · TM02

2024-07-08

accounts-with-accounts-type-micro-entity

accounts · AA

2024-04-18

appoint-person-director-company-with-name-date

officers · AP01

2023-11-29

confirmation-statement-with-updates

confirmation-statement · CS01

2023-10-12

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2023-10-10

termination-director-company-with-name-termination-date

officers · TM01

2023-10-10

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-10-10

gazette-filings-brought-up-to-date

gazette · DISS40

2023-03-31