BELCHER (HOLDINGS) LIMITED
🌳Matureactive
SC338271 · ltd · incorporated 2008-02-21
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 18.2y 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
—
not disclosed
Net worth
—
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
PursueActive trading company with a 62-year-old founder — textbook succession opportunity.
Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 62). 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 (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 18.2y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 18.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
12 officers (2 active, 12 linked, 9 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
116 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
- 2025-10-01📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-09-23📄legacyaccounts · PARENT_ACC
- 2025-09-23📄legacyother · GUARANTEE2
- 2025-09-23📄legacyother · AGREEMENT2
- 2024-10-03📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-10-03📄legacyaccounts · PARENT_ACC
- 2024-10-03📄legacyother · AGREEMENT2
- 2024-10-03📄legacyother · GUARANTEE2
- 2024-01-08➕WOOD, Thomas appointeddirector
- 2024-01-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-30➖BOWIE, Allan Russell resigneddirector
- 2023-11-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-10-04📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-10-04📄legacyother · GUARANTEE2
- 2023-10-04📄legacyother · AGREEMENT2
- 2023-10-04📄legacyaccounts · PARENT_ACC
- 2023-03-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-03-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-02-07📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-02-07📄legacyaccounts · PARENT_ACC
- 2023-02-07📄legacyother · AGREEMENT2
- 2023-02-07📄legacyother · GUARANTEE2
- 2022-06-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-06-06➕BOWIE, Allan Russell appointeddirector
- 2022-06-03➖CLARK, Nicholas Rodger resigneddirector
- 2020-11-06➖HILL, Alan George resigneddirector
- 2020-11-02➕CLARK, Nicholas Rodger appointeddirector
- 2018-06-11➖GODFREY, Susan Mary resignedsecretary
- 2018-06-11➖GODFREY, Susan Mary resigneddirector
- 2015-07-16➕HILL, Alan George appointeddirector
- 2010-08-02➖GODFREY, Martyn resigneddirector
- 2010-05-10➕GODFREY, Susan Mary appointeddirector
- 2009-07-06➕GODFREY, Susan Mary appointedsecretary
- 2008-11-30➖RUTHERFORD, David resigneddirector
- 2008-09-11🔓Charge satisfied #1
- 2008-09-05➕GODFREY, Wayne appointeddirector
- 2008-09-05➕GODFREY, Martyn appointeddirector
- 2008-09-05➖MACKINNON, Marilyn Ann resigneddirector
- 2008-09-05➕RUTHERFORD, David appointeddirector
- 2008-09-05🔒Charge registered #2Lender: Bank of Scotland PLC
- 2008-04-07➖LYCIDAS SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2008-04-01🔒Charge registered #1Lender: Ephraim Belcher
- 2008-03-27➕MACKINNON, Marilyn Ann appointeddirector
- 2008-03-27➖LYCIDAS NOMINEES LIMITED resignedcorporate-nominee-director
- 2008-02-21🏢Company incorporatedAs BELCHER (HOLDINGS) LIMITED
- 2008-02-21➕LYCIDAS SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2008-02-21➕LYCIDAS NOMINEES LIMITED appointedcorporate-nominee-director
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 18 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Browns Manufacturing Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Browns Manufacturing Limited
Corporate parent · holds 75-100% shares · board control
⬇
BELCHER (HOLDINGS) LIMITED
This company · SC338271
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 |
|---|---|---|---|---|
Browns Manufacturing Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 31/12/2021 |
1 historic (ceased) PSC
- Browns Food Group Limitedceased 31/12/2021· 75-100% shares
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 · Other · DG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CREETOWN INITIATIVE LIMITED→ SC266207 · est 2004 · no financials extracted | — | — | — | — | 22y | 83 | 74y |
| JAMES PRINGLE TEXTILES LIMITED→ SC079554 · est 1982 · no financials extracted | — | — | — | — | 43y | 83 | 62y |
| MACDONALDS OF OBAN LIMITED→ SC024542 · est 1946 · no financials extracted | — | — | — | — | 79y | 83 | 62y |
| NITH VALLEY LEAF TRUST→ SC366401 · est 2009 · no financials extracted | — | — | — | — | 16y | 83 | 78y |
| PITLOCHRY KNITWEAR COMPANY LIMITED→ SC055476 · est 1974 · no financials extracted | — | — | — | — | 52y | 83 | 62y |
| ROMANES & PATERSON LIMITED→ SC126056 · est 1990 · no financials extracted | — | — | — | — | 35y | 83 | 62y |
| SKYE WOOLLEN MILL LIMITED→ SC080601 · est 1982 · no financials extracted | — | — | — | — | 43y | 83 | 62y |
| THE EDINBURGH SWEATER COMPANY LIMITED→ SC139176 · est 1992 · no financials extracted | — | — | — | — | 33y | 83 | 62y |
| THE MILLSHOP LIMITED→ SC005530 · est 1904 · no financials extracted | — | — | — | — | 122y | 83 | 62y |
| A WORLD IN MINIATURE LIMITED→ SC237725 · est 2002 · no financials extracted | — | — | — | — | 23y | 82 | 81y |
| EQUORIAN LIMITED→ SC104485 · est 1987 · no financials extracted | — | — | — | — | 39y | 81 | 62y |
| GLENEAGLES CASHMERES LIMITED→ SC105231 · est 1987 · no financials extracted | — | — | — | — | 39y | 81 | 62y |
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
Incorporated2008-02-21
Jurisdictionscotland
Primary SIC99999 — SIC 99999
Registered office
Unit 1 Greystone Avenue
Kelloholm
Sanquhar
Dumfriesshire
DG4 6RB
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-07
Last: 2026-02-21
Officers (2 active · 10 resigned)
GODFREY, Wayne→
Activedirector · ~55y · appointed 2008-09-05
View their other companies + combined net worth →
WOOD, Thomas→
Activedirector · ~62y · appointed 2024-01-08
View their other companies + combined net worth →
GODFREY, Susan Mary→
Resignedsecretary · appointed 2009-07-06 · resigned 2018-06-11
LYCIDAS SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2008-02-21 · resigned 2008-04-07
BOWIE, Allan Russell→
Resigneddirector · ~62y · appointed 2022-06-06 · resigned 2023-11-30
CLARK, Nicholas Rodger→
Resigneddirector · ~57y · appointed 2020-11-02 · resigned 2022-06-03
GODFREY, Martyn→
Resigneddirector · ~77y · appointed 2008-09-05 · resigned 2010-08-02
GODFREY, Susan Mary→
Resigneddirector · ~67y · appointed 2010-05-10 · resigned 2018-06-11
HILL, Alan George→
Resigneddirector · ~59y · appointed 2015-07-16 · resigned 2020-11-06
MACKINNON, Marilyn Ann→
Resigneddirector · ~66y · appointed 2008-03-27 · resigned 2008-09-05
RUTHERFORD, David→
Resigneddirector · ~57y · appointed 2008-09-05 · resigned 2008-11-30
LYCIDAS NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 2008-02-21 · resigned 2008-03-27
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Floating charge | 1 property | 05/09/2008 | — | |
| satisfied | Ephraim Belcher | Bond & floating charge | 1 property | 01/04/2008 | 11/09/2008 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (116 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-26
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-10-01
legacy
accounts · PARENT_ACC
2025-09-23
legacy
other · GUARANTEE2
2025-09-23
legacy
other · AGREEMENT2
2025-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-07
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-10-03
legacy
accounts · PARENT_ACC
2024-10-03
legacy
other · AGREEMENT2
2024-10-03
legacy
other · GUARANTEE2
2024-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-04
appoint-person-director-company-with-name-date
officers · AP01
2024-01-08
termination-director-company-with-name-termination-date
officers · TM01
2023-11-30
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2023-10-04
legacy
other · GUARANTEE2
2023-10-04