BARRASTON CONTRACTS LIMITED

🌳Matureactive

SC394921 · ltd · incorporated 2011-03-07

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

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£1.17M

book net assets

Opportunity

81/100

Exceptional

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What this business does

Primary activity: Construction of other civil engineering projects n.e.c.

Sector: Construction

Investor take

Pursue

Asset-holding vehicle with a 63-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (79/100)

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

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

Lenders & charges

Confirmed no charges registered

Directors & officers

6 officers (3 active, 6 linked, 4 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

2 connected companies via shared directors

Filing history

37 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

81/100Exceptional

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

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £1,167,086

Cash YoY

+31%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£938k

↑ 31% YoY

Net Worth

£1.2m

↑ 28% YoY

Current Assets

£1.3m

↑ 33% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£1.43M	£1.21M
Current assets	£1.29M	£967.3k
Cash	£938.3k	£718.6k
Debtors	£351.3k	£248.8k
Net assets	£1.17M	£909.6k

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

🔒Filing-note intelligence

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

Last 30 days

filing

• 1 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (25 events)Click to expand

2025-12-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-07-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-09-14
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-16
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-07-22
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-03-11
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-07-24
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-03-24
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-03-07
🏢
Company incorporated
As BARRASTON CONTRACTS LIMITED
2011-03-07
➕
GILLESPIE, Lynn appointed
secretary
2011-03-07
➕
GILLESPIE, Robert appointed
director
2011-03-07
➕
RALSTON, Robert appointed
director
2011-03-07
➕
TRAINER, Peter appointed
secretary
2011-03-07
➖
TRAINER, Peter resigned
secretary
2011-03-07
➕
MCINTOSH, Susan appointed
director
2011-03-07
➖
MCINTOSH, Susan resigned
director
2011-03-07
➕
TRAINER, Peter appointed
director
2011-03-07
➖
TRAINER, Peter resigned
director

Owner dependency

76/100

High — earn-out structure required

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

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

79/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 15 years.
secondaryStable-but-static management: Company is 15 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Robert Gillespie Individual · British · DOB 07/1963 · age 63	25–50%	25–50%	25-50% shares · 25-50% voting	07/03/2017
Mr Robert Ralston Individual · British · DOB 01/1966 · age 60	25–50%	25–50%	25-50% shares · 25-50% voting	07/03/2017

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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BRANNAGAN & BROWN BUILDING SERVICES LTD.→ SC275551 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
BRODRICK TILING LIMITED→ SC565560 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
BROOMCROFT LIMITED→ SC029797 · est 1953 · no financials extracted	—	—	—	—	72y	—	—
BROWNFIELD EVOLUTION LTD→ SC867586 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BUAN LIMITED→ SC440214 · est 2013 · no financials extracted	—	—	—	—	13y	—	—
BUILD N DESIGN LTD→ SC868598 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BUMBLEBEE ENERGY SCOTLAND LTD→ SC856407 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BUMBLEBEE EV LIMITED→ SC637826 · est 2019 · no financials extracted	—	—	—	—	6y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2011-03-07

Jurisdictionscotland

Primary SIC42990 — Construction of other civil engineering projects n.e.c.

Registered office

10 Barraston Holdings

Torrance

Glasgow

Strathclyde

G64 4DW

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-21

Last: 2026-03-07

Officers (3 active · 3 resigned)

GILLESPIE, Lynn→

secretary · appointed 2011-03-07

View their other companies + combined net worth →

Active

GILLESPIE, Robert→

director · ~63y · appointed 2011-03-07

View their other companies + combined net worth →

Active

RALSTON, Robert→

director · ~60y · appointed 2011-03-07

View their other companies + combined net worth →

Active

TRAINER, Peter→

secretary · appointed 2011-03-07 · resigned 2011-03-07

Resigned

MCINTOSH, Susan→

director · ~56y · appointed 2011-03-07 · resigned 2011-03-07

Resigned

TRAINER, Peter→

director · ~74y · appointed 2011-03-07 · resigned 2011-03-07

Resigned

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