BRUCE FAITH LIMITED
Opportunity 78/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
8 live charges · 4 lenders · oldest 16.2y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 16.2 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £5.06M | £3.30M |
| Current assets | £766.8k | £699.8k |
| Cash | — | £29 |
| Debtors | £766.8k | £699.8k |
| Net assets | £3.92M | £2.58M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 confirmation-statement
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (38 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-smallaccounts · AA
- 2025-03-31📄accounts-with-accounts-type-smallaccounts · AA
- 2024-03-29📄accounts-with-accounts-type-smallaccounts · AA
- 2023-03-30📄accounts-with-accounts-type-smallaccounts · AA
- 2022-11-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-16🔓Charge satisfied #6
- 2022-11-16🔓Charge satisfied #5
- 2022-11-16🔓Charge satisfied #4
- 2022-11-16🔓Charge satisfied #3
- 2022-11-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-10-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-10-25🔒Charge registered #7Lender: Cynergy Bank Limited
- 2022-10-21🔒Charge registered #8Lender: Cynergy Bank Limited
- 2022-03-31📄accounts-with-accounts-type-smallaccounts · AA
- 2021-06-29📄accounts-with-accounts-type-smallaccounts · AA
- 2020-03-31📄accounts-with-accounts-type-smallaccounts · AA
- 2018-10-16📄accounts-with-accounts-type-smallaccounts · AA
- 2018-10-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-07-11📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2018-07-05📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2014-06-16🔒Charge registered #6Lender: Aib Group (UK) PLC
- 2014-05-22🔓Charge satisfied #2
- 2014-05-16🔒Charge registered #5Lender: Caledonian Heritable Limited
- 2014-05-15🔒Charge registered #4Lender: Aib Group (UK) PLC
- 2014-05-15🔓Charge satisfied #1
- 2014-05-01🔒Charge registered #3Lender: Caledonian Heritable Limited
- 2014-03-31➕FULLARTON, Kevan Douglas appointeddirector
- 2014-03-31➕PIATKOWSKI, Scott Fraser appointeddirector
- 2014-03-31➖WALLACE, Diana Louisa resignedsecretary
- 2014-03-31➖SHEPHERD, John Inglis resigneddirector
- 2011-01-25➕WALLACE, Diana Louisa appointedsecretary
- 2010-04-30🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2010-02-25🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2010-01-29🏢Company incorporatedAs BRUCE FAITH LIMITED
- 2010-01-29➕SHEPHERD, John Inglis 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.
- +Senior director age: Director aged approximately 60 — 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 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 12 years.
- secondaryStable-but-static management: Company is 16 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
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Bruce Group Scotland Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Bruce Group Scotland Limited Corporate entity | 75–100% | — | 75-100% shares | 27/01/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Property · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FORSYTH LETTINGS LTD→ SC664449 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| FORTH VALLEY HOMES LTD→ SC714524 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| FOUR A PROPERTIES LTD→ SC497793 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| FRABENTO PROPERTY LTD→ SC859158 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FRASER BRUCE PROPERTIES LTD.→ SC314500 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| FS DREAMS LTD→ SC684370 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| FWB NEWCO LTD→ SC555496 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| G & R PROPERTIES SCOT LTD→ SC811593 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| G.M. ENTERPRISES LIMITED→ SC107272 · est 1987 · no financials extracted | — | — | — | — | 38y | — | — |
| GAINBURN LIMITED→ SC323996 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| GALLACHER HOMES LTD→ SC535835 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| GEORGE RUSSELL ESTATES (SOUTRA) LIMITED→ SC488693 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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 (2 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | 1 property | 25/10/2022 | — | |
| outstanding | Cynergy Bank Cynergy Bank Limited | A registered charge | — | 21/10/2022 | — | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | A registered charge | — | 16/06/2014 | 16/11/2022 | |
| satisfied | Caledonian Heritable Caledonian Heritable Limited | A registered charge | 1 property | 16/05/2014 | 16/11/2022 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | A registered charge | 1 property | 15/05/2014 | 16/11/2022 | |
| satisfied | Caledonian Heritable Caledonian Heritable Limited | A registered charge | — | 01/05/2014 | 16/11/2022 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 30/04/2010 | 22/05/2014 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 25/02/2010 | 15/05/2014 |