BATHSHEBA (CITATION) LIMITED

🌳Matureactive
SC330493 · ltd · incorporated 2007-09-06
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 17.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 17.9y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 17.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (74/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
13 officers (2 active, 13 linked, 8 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
87 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-31
Average employees0

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
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
5
filings
  • 2 officers
  • 1 accounts
  • 1 address
Counts from Companies House filing history.
Corporate timeline (51 events)Click to expand
  1. 2026-02-13
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  2. 2026-01-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2026-01-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-12-23
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2025-12-22
    MORTIMER, Lynn resigned
    secretary
  6. 2025-12-22
    MORTIMER, Lynn resigned
    director
  7. 2025-09-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2024-07-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2024-04-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2024-04-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2024-04-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2024-03-29
    MACCULLOCH, Gary Cameron appointed
    director
  13. 2024-03-29
    MARTIN, Kevin Paul appointed
    director
  14. 2023-08-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2023-03-22
    HUNTER, Annette resigned
    director
  16. 2023-03-22
    MURPHY, James resigned
    director
  17. 2023-03-22
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2023-03-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2023-03-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2023-03-22
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  21. 2023-03-09
    HUNTER, Annette resigned
    secretary
  22. 2023-03-09
    MORTIMER, Lynn appointed
    secretary
  23. 2023-03-09
    MORTIMER, Lynn appointed
    director
  24. 2023-03-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2022-10-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  26. 2022-10-20
    🔓
    Charge satisfied #4
  27. 2022-05-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  28. 2021-06-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  29. 2020-12-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  30. 2019-08-02
    MURPHY, James appointed
    director
  31. 2019-08-02
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC
  32. 2019-08-02
    🔒
    Charge registered #3
    Lender: City Facilities Management Holdings (UK) Limited
  33. 2017-08-18
    🔓
    Charge satisfied #2
  34. 2017-08-18
    🔓
    Charge satisfied #1
  35. 2014-11-03
    HUNTER, Annette appointed
    secretary
  36. 2014-11-03
    MORTIMER, Lynn resigned
    secretary
  37. 2014-11-03
    HUNTER, Annette appointed
    director
  38. 2014-11-03
    MORTIMER, Lynn resigned
    director
  39. 2014-03-03
    BARRIE, Ryan Stephen resigned
    director
  40. 2013-04-11
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  41. 2011-08-31
    MORTIMER, James resigned
    director
  42. 2010-01-25
    MORTIMER, James appointed
    director
  43. 2008-06-05
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  44. 2007-09-11
    MORTIMER, Lynn appointed
    secretary
  45. 2007-09-11
    BRIAN REID LTD. resigned
    corporate-secretary
  46. 2007-09-11
    BARRIE, Ryan Stephen appointed
    director
  47. 2007-09-11
    MORTIMER, Lynn appointed
    director
  48. 2007-09-11
    STEPHEN MABBOTT LTD. resigned
    corporate-director
  49. 2007-09-06
    🏢
    Company incorporated
    As BATHSHEBA (CITATION) LIMITED
  50. 2007-09-06
    BRIAN REID LTD. appointed
    corporate-secretary
Showing most recent 50 of 51 events

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

2 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: MORTIMER, Lynn resigned 2025-12-22; MORTIMER, Lynn resigned 2025-12-22

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

Landfern Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Landfern Limited
Corporate parent · holds 75-100% shares
ultimate parent
BATHSHEBA (CITATION) LIMITED
This company · SC330493

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%
NameSharesVoting rightsNature of controlNotified
Landfern Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting02/08/2019
1 historic (ceased) PSC
  • Miss Lynn Mortimerceased 02/08/2019· significant influence · trust interest

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2007-09-06
Jurisdictionscotland
Primary SIC70100 — Activities of head offices

Registered office

19 19 Royal Exchange Square
Glasgow
G1 3AJ
Scotland

Filing status

Accounts
Next due: 2026-09-21
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-27
Last: 2025-11-13

Officers (2 active · 11 resigned)

MACCULLOCH, Gary Cameron
director · ~46y · appointed 2024-03-29
View their other companies + combined net worth →
Active
MARTIN, Kevin Paul
director · ~44y · appointed 2024-03-29
View their other companies + combined net worth →
Active
HUNTER, Annette
secretary · appointed 2014-11-03 · resigned 2023-03-09
Resigned
MORTIMER, Lynn
secretary · appointed 2023-03-09 · resigned 2025-12-22
Resigned
MORTIMER, Lynn
secretary · appointed 2007-09-11 · resigned 2014-11-03
Resigned
BRIAN REID LTD.
corporate-secretary · appointed 2007-09-06 · resigned 2007-09-11
Resigned
BARRIE, Ryan Stephen
director · ~52y · appointed 2007-09-11 · resigned 2014-03-03
Resigned
HUNTER, Annette
director · ~60y · appointed 2014-11-03 · resigned 2023-03-22
Resigned
MORTIMER, James
director · ~82y · appointed 2010-01-25 · resigned 2011-08-31
Resigned
MORTIMER, Lynn
director · ~59y · appointed 2023-03-09 · resigned 2025-12-22
Resigned
MORTIMER, Lynn
director · ~59y · appointed 2007-09-11 · resigned 2014-11-03
Resigned
MURPHY, James
director · ~71y · appointed 2019-08-02 · resigned 2023-03-22
Resigned
STEPHEN MABBOTT LTD.
corporate-director · appointed 2007-09-06 · resigned 2007-09-11
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge02/08/201920/10/2022
outstanding
City Facilities Management Holdings (UK)
City Facilities Management Holdings (UK) Limited
A registered charge02/08/2019
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge11/04/201318/08/2017
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Floating charge1 property05/06/200818/08/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (87 total)

change-account-reference-date-company-previous-shortened
accounts · AA01
2026-02-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-12
termination-director-company-with-name-termination-date
officers · TM01
2026-01-06
termination-secretary-company-with-name-termination-date
officers · TM02
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-13
accounts-with-accounts-type-dormant
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-05
accounts-with-accounts-type-dormant
accounts · AA
2024-07-17
appoint-person-director-company-with-name-date
officers · AP01
2024-04-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-09
appoint-person-director-company-with-name-date
officers · AP01
2024-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
accounts-with-accounts-type-dormant
accounts · AA
2023-08-29
termination-secretary-company-with-name-termination-date
officers · TM02
2023-03-22
termination-director-company-with-name-termination-date
officers · TM01
2023-03-22