BARCLAY & MATHIESON LIMITED

🌳Matureactive

SC030987 · ltd · incorporated 1955-08-09

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£35.20M

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: Manufacture of metal structures and parts of structures

Sector: Manufacturing

ALSO REGISTERED FOR

25990SIC 25990
46900Non-specialised wholesale trade

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 77/100. Strong seller-intent signal (60/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 17 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

55 live charges · 17 lenders · oldest 58.6y

25/100

too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

· Oldest live charge is 58.6 years old — likely at or near maturity.
· 17 lenders named — inter-creditor friction likely.
· Legal-friction score 53/100 (high).

Data confidence

Overall: high (81/100)

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

Company profile

address, 3 SIC codes, incorporation date

100

Financials

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

Lenders & charges

55 charges (55/55 with lender, 55/55 with type)

Directors & officers

33 officers (6 active, 33 linked, 29 with DOB)

Ownership & PSC

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

Director network

4 connected companies via shared directors

Filing history

313 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

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

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.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £35,200,949

Net assets shrinking

Down £2,841,419 YoY

Cash YoY

+308%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£2.4m

↑ 308% YoY

Net Worth

£35m

↓ 7.5% YoY

Current Assets

£47m

↓ 7.4% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Total assets	£36.02M	£39.75M
Current assets	£46.70M	£50.42M
Cash	£2.36M	£579.9k
Net assets	£35.20M	£38.04M

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

🔒Filing-note intelligence

3 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

• 2 officers

Last 90 days

filings

• 2 officers

Last 180 days

filings

• 2 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (189 events)Click to expand

2026-04-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-04-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-04-01
➕
NAKANO, Yasuji appointed
director
2026-03-31
➖
FUJI, Eiichi resigned
director
2025-10-16
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-16
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-16
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-16
🔓
Charge satisfied #54
2025-10-16
🔓
Charge satisfied #53
2025-10-16
🔓
Charge satisfied #52
2025-10-01
📄
accounts-with-accounts-type-group
accounts · AA
2025-08-21
📄
change-person-director-company-with-change-date
officers · CH01
2025-05-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-05-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-05-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-05-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-04-01
➕
KOJIMA, Takahiko appointed
director
2025-04-01
➕
MURAKAMI, Tomihiro appointed
director
2025-04-01
➖
NAKAGAWA, Taizo resigned
director
2025-04-01
➖
SUZUKI, Masayuki resigned
director
2024-08-23
📄
accounts-with-accounts-type-group
accounts · AA
2024-06-17
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-06-17
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-06-17
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-06-17
🔓
Charge satisfied #57
2024-06-17
🔓
Charge satisfied #56
2024-06-17
🔓
Charge satisfied #55
2024-02-19
📄
change-account-reference-date-company-current-extended
accounts · AA01
2024-01-24
📄
mortgage-charge-part-release-with-charge-number
mortgage · MR05
2024-01-24
📄
mortgage-charge-part-release-with-charge-number
mortgage · MR05
2023-07-24
📄
accounts-with-accounts-type-group
accounts · AA
2023-03-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-03-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-03-15
➕
GREENWOOD, Kyle Michael appointed
director
2023-03-15
➖
WALTON, Michael Desmond resigned
director
2023-01-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-11-09
🔓
Charge satisfied #47
2022-11-09
🔓
Charge satisfied #46
2022-11-09
🔓
Charge satisfied #43
2022-11-01
➕
TAKEMOTO, Naohiro appointed
director
2022-10-04
➕
NONAKA, Toshiki appointed
director
2022-10-04
➕
FUJI, Eiichi appointed
director
2022-10-04
➖
GREENWOOD, Kyle Michael resigned
director
2022-10-04
➖
HAY, William Neave resigned
director
2022-10-04
➖
LAJARIGE, Jean-Pierre resigned
director
2022-10-04
➕
NAKAGAWA, Taizo appointed
director
2022-10-04
➖
ROBINSON, Ronald resigned
director
2022-10-04
➕
SUZUKI, Masayuki appointed
director
2022-10-04
➖
WELDEN, Michael Anthony resigned
director
2020-09-08
➕
WALTON, Michael Desmond appointed
director

Showing most recent 50 of 189 events

Owner dependency

48/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-6 active directors: Broader management team in place — suggests transferable governance.
+Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

40/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

🔒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

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AVERIQUE LTD→ SC864674 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AWAN LEATHER LIMITED→ SC845553 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
AZTEC GLASGOW LTD→ SC674848 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
BANG ON STYLE LTD→ SC875688 · est 2026 · no financials extracted	—	—	—	—	—	—	—
BANLAW SYSTEMS (EUROPE) LTD.→ SC206120 · est 2000 · no financials extracted	—	—	—	—	26y	—	—
BARCWAGEN LTD→ SC849995 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BARDYKE CHEMICALS LIMITED→ SC045492 · est 1968 · no financials extracted	—	—	—	—	58y	—	—
BARON SPRINGS LTD→ SC265454 · est 2004 · no financials extracted	—	—	—	—	22y	—	—
BARRHEAD KID CO LIMITED→ SC353684 · est 2009 · no financials extracted	—	—	—	—	17y	—	—

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

Incorporated1955-08-09

Jurisdictionscotland

Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

180 Hardgate Road

Glasgow

G51 4TB

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-12-26

Last: 2025-12-12