B2 PROJECTS LTD.
🏛️Establishedactive
SC685758 · ltd · incorporated 2021-01-12
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 3.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£683.8k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 3.3y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~3.3 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · 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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £683,808
Cash YoY
+28%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£303k
↑ 28% YoY
Net Worth
£684k
↑ 24% YoY
Current Assets
£856k
↑ 15% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £751.3k | £637.7k |
| Current assets | £855.6k | £742.3k |
| Cash | £303.4k | £236.3k |
| Debtors | £505.2k | £460.6k |
| Net assets | £683.8k | £550.5k |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2025-07-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-25📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-23📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-22📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-22📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-01-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-09🔒Charge registered #1Lender: Barclays Security Trustee Limited
- 2022-07-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-28📄capital-allotment-sharescapital · SH01
- 2021-02-11➕CONNELLY, Brian Kirson appointeddirector
- 2021-02-11➕WILKIE, Bryan Hugh appointeddirector
- 2021-02-11➖CONNELLY, Leigh Ann resigneddirector
- 2021-02-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-02-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-02-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-01-12🏢Company incorporatedAs B2 PROJECTS LTD.
- 2021-01-12➕CONNELLY, Leigh Ann appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo 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 Brian Kirson Connelly Individual · British · DOB 10/1989 · age 37 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 11/02/2021 |
Mr Bryan Hugh Wilkie Individual · British · DOB 11/1980 · age 46 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 11/02/2021 |
1 historic (ceased) PSC
- Mrs Leigh Ann Connellyceased 11/02/2021· 75-100% shares · 75-100% voting · board control
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 · Construction · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & R SYSTEMS LTD.→ SC244404 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| A W BRITTON CONSTRUCTION CONTRACTS LTD→ SC879999 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALLAN GAS SERVICES LIMITED→ SC582582 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| APEX ROOFLINE LIMITED→ SC374030 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ASD GROUP SCOTLAND LTD→ SC863684 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ASSET COMPLIANCE GROUP LTD→ SC880304 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ASSURE ASBESTOS LTD→ SC725930 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ASTRICAL WINDOWS LIMITED→ SC683272 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AURORA CEILING DESIGNS LTD→ SC699981 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AVONBRIDGE BUILDERS LIMITED→ SC191993 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| B & B ACCESS LIMITED→ SC861794 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| B2 CONSTRUCTION SERVICES LTD→ SC880678 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2021-01-12
Jurisdictionscotland
Primary SIC43999 — Other specialised construction activities n.e.c.
Registered office
20 Anderson Street
Airdrie
ML6 0AA
Scotland
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-07-28
Last: 2025-07-14
Officers (2 active · 1 resigned)
CONNELLY, Brian Kirson→
Activedirector · ~37y · appointed 2021-02-11
View their other companies + combined net worth →
WILKIE, Bryan Hugh→
Activedirector · ~46y · appointed 2021-02-11
View their other companies + combined net worth →
CONNELLY, Leigh Ann→
Resigneddirector · ~38y · appointed 2021-01-12 · resigned 2021-02-11
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 09/01/2023 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (29 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-31
change-person-director-company-with-change-date
officers · CH01
2024-07-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-25
change-person-director-company-with-change-date
officers · CH01
2024-07-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-23
change-person-director-company-with-change-date
officers · CH01
2023-11-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-22
change-person-director-company-with-change-date
officers · CH01
2023-11-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-01