BROWN BROS. (IRVINE) LIMITED

💤Zombieactive
SC057060 · ltd · incorporated 1975-01-23
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
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Turnover
year to Jan 2025
Net worth
£101.3k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 18129
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 60-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 65/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 4 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 41.6y

30/100
under pressure

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

  • · Oldest live charge is 41.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
105 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 £101,265
Very low cash
Cash position: £22
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£22
~ YoY
Net Worth
£101k
↑ 14% YoY
Current Assets
£151k
↑ 1.3% YoY
Current Liabilities
£0£30k£61k£91k£121k£151kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£129.3k£125.7k
Current assets£151.3k£149.4k
Cash£22£22
Debtors£102.5k£104.7k
Net assets£101.3k£88.8k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-01-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-05-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-05-13
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  6. 2024-05-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-05-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-10-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-05-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2021-05-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2020-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-09-09
    BOYLE, Graham resigned
    director
  16. 2018-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2011-02-11
    MCCOLM, David resigned
    director
  19. 2002-08-01
    MCCOLM, David appointed
    director
  20. 1998-06-24
    BOYLE, Douglas Andrew appointed
    secretary
  21. 1998-06-24
    BOYLE, Sheena Jean resigned
    secretary
  22. 1998-06-24
    BOYLE, Sheena Jean resigned
    director
  23. 1995-07-11
    🔒
    Charge registered #4
    Lender: The Governor and Company of the Bank of Scotland
  24. 1992-12-08
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  25. 1990-06-06
    BOYLE, Douglas Andrew appointed
    director
  26. 1987-06-08
    🔒
    Charge registered #2
    Lender: Guardian Assurance PLC
  27. 1984-09-06
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  28. 1975-01-23
    🏢
    Company incorporated
    As BROWN BROS. (IRVINE) LIMITED

Owner dependency

93/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 36 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 36 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 51 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
NameSharesVoting rightsNature of controlNotified
Mr Executors Of Graham Boyle
Individual · British · DOB 11/1941 · age 85
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Douglas Andrew Boyle
Individual · British · DOB 06/1966 · age 60
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated1975-01-23
Jurisdictionscotland
Primary SIC18129 — SIC 18129

Registered office

Quarry Rd
Irvine
KA12 0TJ

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-05-25
Last: 2025-05-11

Officers (2 active · 4 resigned)

BOYLE, Douglas Andrew
secretary · appointed 1998-06-24
View their other companies + combined net worth →
Active
BOYLE, Douglas Andrew
director · ~60y · appointed 1990-06-06
View their other companies + combined net worth →
Active
BOYLE, Sheena Jean
secretary · resigned 1998-06-24
Resigned
BOYLE, Graham
director · ~85y · resigned 2019-09-09
Resigned
BOYLE, Sheena Jean
director · ~87y · resigned 1998-06-24
Resigned
MCCOLM, David
director · ~55y · appointed 2002-08-01 · resigned 2011-02-11
Resigned

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

Mortgages & charges

4
Total charges
4
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property11/07/1995
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property08/12/1992
outstanding
Guardian Assurance
Guardian Assurance PLC
Standard security1 property08/06/1987
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property06/09/1984
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (105 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-13
change-person-director-company-with-change-date
officers · CH01
2024-05-13
change-person-secretary-company-with-change-date
officers · CH03
2024-05-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-25
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-11