BILL'S TOOL STORE LIMITED
- · Oldest live charge 16.6y old — refinance window within 12 months
Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 58). 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
2 live charges · 2 lenders · oldest 16.6y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 16.6 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 (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Average employees | 1300 | 1300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 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
Corporate timeline (28 events)Click to expand
- 2025-06-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-15📄memorandum-articlesincorporation · MA
- 2024-03-15📄resolutionresolution · RESOLUTIONS
- 2023-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-09-22🔒Charge registered #2Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
- 2021-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-16📄change-person-director-company-with-change-dateofficers · CH01
- 2019-09-16📄change-person-director-company-with-change-dateofficers · CH01
- 2019-09-16📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-09-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-09-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-01-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-03-21➖PEARSON, William Valentine resigneddirector
- 2009-10-08🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2009-09-08🏢Company incorporatedAs BILL'S TOOL STORE LIMITED
- 2009-09-08➕DUFF, Allan David appointedsecretary
- 2009-09-08➕DUFF, Allan David appointeddirector
- 2009-09-08➕PEARSON, William Paul appointeddirector
- 2009-09-08➕BRIAN REID LTD. appointedcorporate-secretary
- 2009-09-08➖BRIAN REID LTD. resignedcorporate-secretary
- 2009-09-08➕MABBOTT, Stephen George appointeddirector
- 2009-09-08➖MABBOTT, Stephen George resigneddirector
- 2009-09-08➕PEARSON, William Valentine appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 17 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr William Paul Pearson Individual · British · DOB 01/1968 · age 58 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
Mr Allan Duff Individual · British · DOB 04/1970 · age 56 | 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.
Similar companies
Active · Trade services · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MID GAVIN NURSERY LIMITED→ SC219812 · est 2001 | £447.6k £335.7k–£559.5k | £692.7k | — | 2100 | 24y | 84 | 78y |
| NISTAPLOX LIMITED→ SC180067 · est 1997 | £38.8k £29.1k–£48.6k | £26.9k | — | 0 | 28y | 86 | 79y |
| ACTIVE ENERGY SOLUTIONS LTD.→ SC230311 · est 2002 | — | — | £1.56M | — | 24y | 83 | 60y |
| ADVARIAN PROPERTIES LTD→ SC248314 · est 2003 | — | — | £582.9k | — | 23y | 83 | 70y |
| AG (MANAGEMENT SERVICES) LTD→ SC339541 · est 2008 | — | — | £3.09M | — | 18y | 83 | 59y |
| AMG WARRANTIES LIMITED→ SC265646 · est 2004 | — | — | — | 0 | 22y | 83 | 74y |
| BELGICA UK LIMITED→ SC235052 · est 2002 | — | — | £1.81M | — | 23y | 83 | 62y |
| BLUE SQUARE OFFICES LTD.→ SC203991 · est 2000 · no financials extracted | — | — | — | — | 26y | 83 | 65y |
| CAMSCAFF LTD.→ SC253590 · est 2003 | — | — | £556.7k | — | 22y | 83 | 61y |
| CENTRIFUGE MAINTENANCE SERVICES LIMITED→ SC173406 · est 1997 | — | — | — | — | 29y | 83 | 63y |
| CHAPPELL WHISKY BROKERS LIMITED→ SC180651 · est 1997 | — | — | £2.12M | — | 28y | 83 | 74y |
| CITY FACILITIES MANAGEMENT (DISTRIBUTION) LIMITED→ SC372968 · est 2010 · no financials extracted | — | — | — | — | 16y | 83 | 70y |
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 →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
Registered office
Filing status
Officers (3 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111) | A registered charge | — | 22/09/2021 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 08/10/2009 | — |