B & K HUME GROUNDWORKS LIMITED

🌳Matureactive
SC290502 · ltd · incorporated 2005-09-20
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 16.1y 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 Sept 2025
Net worth
£558.0k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
Pursue
Active trading company with a 87-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 87). 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

1 live charge · oldest 16.1y

65/100
clean up first

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

  • · Oldest live charge is 16.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (83/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
66 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
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 £557,971
Cash YoY
+66%
Year on year

Key financials

3 years extracted from filed iXBRL accounts
Cash
£265k
↑ 66% YoY
Net Worth
£558k
↑ 2.2% YoY
Current Assets
£427k
↑ 21% YoY
Current Liabilities
—
£0£112k£223k£335k£446k£558kSept 2023Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-302023-09-30
Total assets£671.9k£685.8k£485.7k
Current assets£426.5k£353.3k£373.7k
Cash£265.4k£159.6k£107.3k
Debtors£106.3k£132.7k£179.9k
Net assets£558.0k£546.1k£392.2k

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
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-05-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-02-05
    📄
    replacement-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP01CS01
  3. 2025-05-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-05-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-05-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-05-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-04-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-08-30
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2023-03-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2023-01-24
    ➖
    HUME, Caroline resigned
    secretary
  11. 2022-02-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2021-04-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2020-01-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-01-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-03-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2017-03-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2010-04-26
    🔒
    Charge registered #1
    Lender: Royal Bank of Scotland PLC
  18. 2005-09-20
    🏢
    Company incorporated
    As B & K HUME GROUNDWORKS LIMITED
  19. 2005-09-20
    ➕
    HUME, Kenneth appointed
    director
  20. 2005-09-20
    ➕
    HUME, Paul appointed
    director
  21. 2005-09-20
    ➕
    HUME, Robert appointed
    director
  22. 2005-09-20
    ➕
    HUME, Caroline appointed
    secretary
  23. 2005-09-20
    ➕
    HOGG JOHNSTON SECRETARIES LTD. appointed
    corporate-nominee-secretary
  24. 2005-09-20
    ➖
    HOGG JOHNSTON SECRETARIES LTD. resigned
    corporate-nominee-secretary
  25. 2005-09-20
    ➕
    HOGG JOHNSTON DIRECTORS LTD. appointed
    corporate-nominee-director
  26. 2005-09-20
    ➖
    HOGG JOHNSTON DIRECTORS LTD. resigned
    corporate-nominee-director

Owner dependency

98/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Founder name in company name: Company name contains director surname "HUME" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 87 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 87 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 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

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Robert Hume
Individual · British · DOB 09/1939 · age 87
25–50%
25–50%sig. influence25-50% shares · 25-50% voting · significant influence01/09/2016
Mr Kenneth Hume
Individual · British · DOB 07/1970 · age 56
25–50%
25–50%25-50% shares · 25-50% voting01/09/2016
Mr Paul Hume
Individual · British · DOB 09/1968 · age 58
25–50%
25–50%sig. influence25-50% shares · 25-50% voting · significant influence01/09/2016

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

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2005-09-20
Jurisdictionscotland
Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

Willowbank Todholes
Greenlaw
Duns
Berwickshire
TD10 6XD

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-06-29
Last: 2025-06-15

Officers (3 active · 3 resigned)

HUME, Kenneth→
director · ~56y · appointed 2005-09-20
View their other companies + combined net worth →
Active
HUME, Paul→
director · ~58y · appointed 2005-09-20
View their other companies + combined net worth →
Active
HUME, Robert→
director · ~87y · appointed 2005-09-20
View their other companies + combined net worth →
Active
HUME, Caroline→
secretary · appointed 2005-09-20 · resigned 2023-01-24
Resigned
HOGG JOHNSTON SECRETARIES LTD.→
corporate-nominee-secretary · appointed 2005-09-20 · resigned 2005-09-20
Resigned
HOGG JOHNSTON DIRECTORS LTD.→
corporate-nominee-director · appointed 2005-09-20 · resigned 2005-09-20
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Floating charge1 property26/04/2010—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (66 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-18
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-02-05
confirmation-statement
confirmation-statement · CS01
2025-06-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-12
change-person-director-company-with-change-date
officers · CH01
2024-05-14
change-person-director-company-with-change-date
officers · CH01
2024-05-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-09
termination-secretary-company-with-name-termination-date
officers · TM02
2023-08-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-22