BAWBAGS LIMITED

🌳Matureactive

SC321771 · ltd · incorporated 2007-04-19

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.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 18.6y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Aug 2025

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: SIC 14141

Sector: Manufacturing

ALSO REGISTERED FOR

47910Retail sale via mail order houses or via Internet

Investor take

Pursue

Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 65). 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 18.6y

65/100

clean up first

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

· Oldest live charge is 18.6 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: medium (79/100)

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

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

8 officers (4 active, 8 linked, 5 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

2 connected companies via shared directors

Filing history

70 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

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.

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	2025-08-31	2024-08-31
Average employees	6	600

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

filings

Last 90 days

filings

• 1 accounts
• 1 capital

Last 180 days

filings

• 1 accounts
• 1 capital

Counts from Companies House filing history.

Corporate timeline (31 events)Click to expand

2026-03-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-05
📄
capital-allotment-shares
capital · SH01
2025-03-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
📄
second-filing-capital-allotment-shares
capital · RP04SH01
2024-12-09
📄
capital-allotment-shares
capital · SH01
2024-10-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-04-30
📄
capital-allotment-shares
capital · SH01
2024-04-19
➕
MACDONALD, William John appointed
director
2024-03-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-25
📄
resolution
resolution · RESOLUTIONS
2022-07-25
📄
capital-alter-shares-subdivision
capital · SH02
2022-04-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-14
📄
capital-alter-shares-subdivision
capital · SH02
2021-03-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-04-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-04-24
📄
change-person-director-company-with-change-date
officers · CH01
2011-09-29
➖
ANDERSON, Darren resigned
director
2008-03-28
➕
ANDERSON, Darren appointed
director
2007-10-22
🔒
Charge registered #1
Lender: Bank of Scotland PLC
2007-09-11
➖
ANDERSON, Darren resigned
director
2007-04-19
🏢
Company incorporated
As BAWBAGS LIMITED
2007-04-19
➕
WHYTE, Alan Frederick appointed
secretary
2007-04-19
➕
REID, Colin appointed
director
2007-04-19
➕
WHYTE, Alan Frederick appointed
director
2007-04-19
➕
SAME-DAY COMPANY SERVICES LIMITED appointed
corporate-nominee-secretary
2007-04-19
➖
SAME-DAY COMPANY SERVICES LIMITED resigned
corporate-nominee-secretary
2007-04-19
➕
ANDERSON, Darren appointed
director
2007-04-19
➕
WILDMAN & BATTELL LIMITED appointed
corporate-nominee-director
2007-04-19
➖
WILDMAN & BATTELL LIMITED 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

+Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

63/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
secondary12+ year tenure: Director in role 19 years.
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

Name	Shares	Voting rights	Nature of control	Notified
Mr Alan Frederick Whyte Individual · British · DOB 01/1961 · age 65	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mr Colin Reid Individual · British · DOB 11/1962 · age 64	25–50%	25–50%	25-50% shares · 25-50% voting	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 · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
HALSPAN LIMITED→ SC194458 · est 1999	£6.37M £4.95M–£7.78M	—	—	—	27y	83	77y
HAD-FAB LIMITED→ SC142257 · est 1993	£1.76M £1.37M–£2.15M	—	—	14400	33y	85	60y
SPRING ENGINEERING SERVICES LIMITED→ SC220378 · est 2001	£1.49M £1.16M–£1.83M	—	—	3800	24y	87	74y
WINDOW SUPPLY COMPANY LTD→ SC615256 · est 2018	£699.9k £544.4k–£855.4k	—	—	182	7y	84	72y
EUROSTAMPA UK LTD→ SC024552 · est 1946	£218.8k £170.2k–£267.5k	—	—	200	79y	85	83y
ARRAYJET LIMITED→ SC209936 · est 2000 · no financials extracted	—	—	—	—	25y	83	73y
CANMORE PIPE BAGS LIMITED→ SC362533 · est 2009	—	—	£53.5k	—	16y	83	58y
CASTLE MASONRY PRODUCTS LIMITED→ SC225802 · est 2001	—	—	—	1800	24y	83	62y
CIPHER SURGICAL LIMITED→ SC378738 · est 2010	—	—	—	4	15y	83	84y
CLOCKHOUSE FURNITURE LIMITED→ SC281686 · est 2005	—	—	£778.1k	—	21y	83	75y
HALSTON ENGINEERING LTD→ SC066605 · est 1978	—	—	—	600	47y	83	61y
KILBRIDE RESOURCES LIMITED→ SC316663 · est 2007	—	—	—	400	19y	83	74y

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

Incorporated2007-04-19

Jurisdictionscotland

Primary SIC14141 — SIC 14141

Registered office

Bawbags Ltd. C/O React Transport Ltd.

11 Nettlehill Rd, Houstoun Ind Est

Livingston

West Lothian

EH54 5DL

United Kingdom

Filing status

Accounts

Next due: 2027-05-31

Last made up to: 2025-08-31

Confirmation statement

Next due: 2026-10-19

Last: 2025-10-05

Officers (4 active · 4 resigned)

WHYTE, Alan Frederick→

secretary · appointed 2007-04-19

View their other companies + combined net worth →

Active

MACDONALD, William John→

director · ~44y · appointed 2024-04-19

View their other companies + combined net worth →

Active

REID, Colin→

director · ~64y · appointed 2007-04-19

View their other companies + combined net worth →

Active

WHYTE, Alan Frederick→

director · ~65y · appointed 2007-04-19

View their other companies + combined net worth →

Active

SAME-DAY COMPANY SERVICES LIMITED→

corporate-nominee-secretary · appointed 2007-04-19 · resigned 2007-04-19

Resigned

ANDERSON, Darren→

director · ~54y · appointed 2008-03-28 · resigned 2011-09-29

Resigned

ANDERSON, Darren→

director · ~54y · appointed 2007-04-19 · resigned 2007-09-11

Resigned

WILDMAN & BATTELL LIMITED→

corporate-nominee-director · appointed 2007-04-19 · resigned 2007-04-19

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Lloyds Banking Group Bank of Scotland PLC	Bond & floating charge	1 property	22/10/2007	—

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

Recent filings (70 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-03-20

capital-allotment-shares

capital · SH01

2026-03-05

confirmation-statement-with-updates

confirmation-statement · CS01

2025-10-08

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-03-13

second-filing-capital-allotment-shares

capital · RP04SH01

2024-12-18

capital-allotment-shares

capital · SH01

2024-12-09

confirmation-statement-with-updates

confirmation-statement · CS01

2024-10-16

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

officers · AP01

2024-10-16

capital-allotment-shares

capital · SH01

2024-04-30

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-03-05

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-10-17

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-04-05

confirmation-statement-with-updates

confirmation-statement · CS01

2022-10-26

resolution

resolution · RESOLUTIONS

2022-07-25

capital-alter-shares-subdivision

capital · SH02

2022-07-25