BILLINGTONS OF LENZIE LTD.

🌳Matureactive
SC432742 · ltd · incorporated 2012-09-18
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 closing · medium confidence
Getting harder to buy — profile has hardened into "well run hard buy" recently.
  • · Investment thesis: unclassified → well_run_hard_buy
  • · Deal-killer verdict: complicated → clean
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
What changed my view
Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

  • ·Investment thesis: unclassifiedwell_run_hard_buy
  • Deal-killer verdict: complicatedclean
Last 90 days

Picture improved over the last 90 days — 1 positive signal vs 0 negative.

  • ·Investment thesis: unclassifiedwell_run_hard_buy
  • Deal-killer verdict: complicatedclean
Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Oct 2025
Net worth
£788
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Other food services
Sector: Accommodation & food service
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 12.2y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 12.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (86/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £788
Cash YoY
-20%
Year on year

Key financials

3 years extracted from filed iXBRL accounts
Cash
£67k
↓ 20% YoY
Net Worth
£788
↑ 153% YoY
Current Assets
£97k
↓ 17% YoY
Current Liabilities
-£4k£24k£51k£78k£105k£132kOct 2023Oct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-10-312024-10-312023-10-31
Total assets£2.2k£207£-374
Current assets£97.2k£117.3k£132.5k
Cash£67.0k£83.8k£99.7k
Debtors£216£460£719
Net assets£788£-1.5k£-3.5k

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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-07-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-07-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-06-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-07-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-07-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-06-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2015-09-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-07-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2014-09-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-06-13
    📄
    mortgage-create-with-deed-with-charge-number
    mortgage · MR01
  16. 2014-06-05
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  17. 2014-05-16
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  18. 2012-09-18
    🏢
    Company incorporated
    As BILLINGTONS OF LENZIE LTD.
  19. 2012-09-18
    BILLINGTON, Mark Douglas appointed
    director
  20. 2012-09-18
    BILLINGTON, Susan Elizabeth appointed
    director

Owner dependency

100/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "BILLINGTON" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

69/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. 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 14 years.
  • 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.)

Group structure

Billington Properties Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Billington Properties Ltd
Corporate parent · holds 75-100% shares
ultimate parent
BILLINGTONS OF LENZIE LTD.
This company · SC432742

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%
NameSharesVoting rightsNature of controlNotified
Billington Properties Ltd
Corporate entity
75100%
75-100% shares06/04/2016

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 →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2012-09-18
Jurisdictionscotland
Primary SIC56290 — Other food services

Registered office

25 Sandyford Place
Glasgow
G3 7NG

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-09-20
Last: 2025-09-06

Officers (2 active · 0 resigned)

BILLINGTON, Mark Douglas
director · ~58y · appointed 2012-09-18
View their other companies + combined net worth →
Active
BILLINGTON, Susan Elizabeth
director · ~65y · appointed 2012-09-18
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property05/06/2014
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge16/05/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (30 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-23