BIO-IMAGES DRUG DELIVERY LTD

🌳Matureactive

SC383233 · ltd · incorporated 2010-08-06

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 8.8y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2024

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Activities of head offices

Sector: Professional, scientific & technical

Investor take

Pursue

Active trading company with a 82-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 82). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 8.8y

70/100

ready

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

· Oldest live charge is 8.8 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

12 officers (5 active, 12 linked, 9 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

12 connected companies via shared directors

Filing history

99 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	2024-11-30	2023-11-30
Average employees	0	0

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days

filings

• 1 incorporation
• 1 resolution
• 1 officers

Last 90 days

filings

• 1 incorporation
• 1 resolution
• 1 officers

Last 180 days

filings

• 1 incorporation
• 1 resolution
• 1 officers

Counts from Companies House filing history.

Corporate timeline (44 events)Click to expand

2026-05-05
📄
memorandum-articles
incorporation · MA
2026-05-05
📄
resolution
resolution · RESOLUTIONS
2026-05-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-30
➖
MADDEN-SMITH, Claire Elizabeth, Dr resigned
director
2026-03-27
📄
capital-allotment-shares
capital · SH01
2025-08-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-06
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-28
🔒
Charge registered #2
Lender: Scottish Enterprise
2025-03-07
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-07
🔓
Charge satisfied #1
2024-05-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-31
➖
BROWN, Stephen, Dr resigned
director
2023-08-16
📄
memorandum-articles
incorporation · MA
2023-08-16
📄
resolution
resolution · RESOLUTIONS
2023-08-15
📄
capital-allotment-shares
capital · SH01
2023-06-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-28
📄
capital-cancellation-shares
capital · SH06
2023-03-27
📄
capital-return-purchase-own-shares
capital · SH03
2023-03-03
📄
memorandum-articles
incorporation · MA
2023-03-03
📄
resolution
resolution · RESOLUTIONS
2022-11-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-11-29
📄
change-person-director-company-with-change-date
officers · CH01
2022-11-29
📄
change-person-director-company-with-change-date
officers · CH01
2022-11-29
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-22
➕
GOW, Laura appointed
director
2022-05-01
➕
MADDEN-SMITH, Claire Elizabeth, Dr appointed
director
2020-09-01
➕
BROWN, Stephen, Dr appointed
director
2018-08-01
➕
KELLEY, Joanne appointed
director
2017-07-10
🔒
Charge registered #1
Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
2014-08-26
➖
HODGES, Lee Ann, Dr resigned
secretary
2014-02-24
➕
CROCKER, Glenn, Dr appointed
director
2013-08-25
➖
STILLIE, Ian resigned
director
2013-07-16
➖
BROWN, Colette Frances resigned
secretary
2013-07-16
➕
HODGES, Lee Ann, Dr appointed
secretary
2013-07-11
➕
THOMSON, Carol Christine, Dr appointed
director
2011-04-08
➕
STEVENS, Howard Norman Ernest, Professor appointed
director
2011-04-08
➕
BROWN, Colette Frances appointed
secretary
2011-04-08
➖
HBJGW SECRETARIAL LIMITED resigned
corporate-secretary
2011-04-08
➖
ALMOND, Deborah Jane resigned
director
2011-04-08
➕
STILLIE, Ian appointed
director
2010-08-06
🏢
Company incorporated
As BIO-IMAGES DRUG DELIVERY LTD
2010-08-06
➕
HBJGW SECRETARIAL LIMITED appointed
corporate-secretary
2010-08-06
➕
ALMOND, Deborah Jane appointed
director

Owner dependency

65/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 82 — succession pressure is live.

Succession & seller-readiness

83/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 15 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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Professor Howard Norman Ernest Stevens Individual · British · DOB 03/1944 · age 82	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 · Professional services · G postcode area

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MCGHEE GROUP LIMITED→ SC362390 · est 2009	£20.62M £15.19M–£26.04M	—	—	—	16y	87	67y
I3WORKS LTD→ SC477423 · est 2014	£16.71M £12.31M–£21.11M	£38.15M	—	14200	12y	92	61y
24/26 HOLDINGS LTD→ SC470528 · est 2014	£4.81M £3.54M–£6.07M	—	—	26	12y	85	67y
INTERLOCK INVESTMENTS LIMITED→ SC057982 · est 1975	£3.26M £2.40M–£4.11M	—	—	20	50y	84	72y
SKYVISION INTERNATIONAL LIMITED→ SC153156 · est 1994	£837.2k £616.9k–£1.06M	£680.4k	—	100	31y	88	65y
ACCU-TECH SYSTEMS LIMITED→ SC223891 · est 2001	£22.3k £16.4k–£28.2k	£413.2k	—	300	24y	85	58y
'A' FLIGHT AVIATION LIMITED→ SC157855 · est 1995	—	—	£6.9k	—	31y	83	72y
ADVANCED ASSET CONSULTANTS LIMITED→ SC362302 · est 2009	—	—	—	13	16y	83	63y
AKELA PLANT HIRE LTD→ SC313584 · est 2006	—	—	£1.69M	—	19y	83	58y
ANDERSON KNIGHT LIMITED→ SC214850 · est 2001	—	—	—	2300	25y	83	63y
ASSISTING SUCCESS LIMITED→ SC294900 · est 2005	—	—	£29.2k	—	20y	83	62y
BONNYVIEW WINDOWS LTD.→ SC171398 · est 1997	—	—	£31.4k	—	29y	83	61y

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.

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Company details

Statusactive

Typeltd

Incorporated2010-08-06

Jurisdictionscotland

Primary SIC70100 — Activities of head offices

Registered office

Bio Imaging Unit, Basement Medical Block Within Glasgow Royal Infirmary

84 Castle Street

Glasgow

G4 0SF

Scotland

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2026-08-20

Last: 2025-08-06