BANDRON LIMITED
💤Zombieactive
SC082385 · ltd · incorporated 1983-03-22
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
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
ALSO REGISTERED FOR
- 68100Buying and selling of own real estate
Investor take
PursueActive trading company with a 71-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 57/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 41.7y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 41.7 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 2 with DOB)
76
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
112 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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | — | £352.3k |
| Current assets | — | £2.34M |
| Net assets | — | £342.3k |
| Average employees | 400 | — |
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
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2026-03-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-03-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-03-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-04-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-04-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-04-03🔒Charge registered #5Lender: Sinead Mary O'rourke
- 2017-03-31🔒Charge registered #4Lender: Sinead Mary Orourke
- 2017-03-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2017-01-26📄statement-of-companys-objectschange-of-constitution · CC04
- 2017-01-26📄resolutionresolution · RESOLUTIONS
- 2008-02-13➕O'ROURKE, Sinead Mary appointedsecretary
- 2008-02-13➖BRUCE, William resignedsecretary
- 2005-09-22🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 2004-11-25🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 1996-05-24➕BRUCE, Gifford William appointeddirector
- 1996-05-24➕BRUCE, William appointedsecretary
- 1996-05-24➖SOMERVILLE, Allison resignedsecretary
- 1996-04-25➖SOMERVILLE, Stuart Wilson resigneddirector
- 1990-06-30➖SOMERVILLE, Stuart resignedsecretary
- 1990-02-07➖BRUCE, Gifford William resignedsecretary
- 1990-02-07➕SOMERVILLE, Allison appointedsecretary
- 1990-02-07➕SOMERVILLE, Stuart appointedsecretary
- 1986-11-13🔓Charge satisfied #1
- 1984-08-03🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1983-03-22🏢Company incorporatedAs BANDRON LIMITED
Owner dependency
100/100
Critical — business is the founderThe 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 30 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
100/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 43 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Sinead Mary Orourke Individual · Irish · DOB 10/1969 · age 57 | 75–100% | — | 75-100% shares | 30/06/2016 |
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 →Similar companies
Active · Financial services · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BACKWATERS INVESTMENT LTD→ SC769869 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BALMORAL ASSET MANAGEMENT LIMITED→ SC182721 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| BAMBOO HOLDINGS LIMITED→ SC282848 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| BANCHORY FINANCIAL SERVICES LTD→ SC525726 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| BANK OF SCOTLAND PLC→ SC327000 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| BATI1819 LTD→ SC801782 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BCCIM GP (SCOTLAND) LIMITED→ SC709700 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BDC V SLP GP LIMITED→ SC797200 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BEECHBROOK MEZZANINE II GENERAL PARTNER LIMITED→ SC447073 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| BEECHBROOK PRIVATE DEBT III GENERAL PARTNER LIMITED→ SC535568 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BELGOSCOT CONSULTANCY SERVICES LTD.→ SC194444 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| BEP IV FP SGP LIMITED→ SC637177 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1983-03-22
Jurisdictionscotland
Primary SIC64999 — Financial intermediation not elsewhere classified
Registered office
16 Newlands
Kirknewton
West Lothian
EH27 8LR
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-12-17
Last: 2025-12-03
Officers (2 active · 5 resigned)
O'ROURKE, Sinead Mary→
Activesecretary · appointed 2008-02-13
View their other companies + combined net worth →
BRUCE, Gifford William→
Activedirector · ~71y · appointed 1996-05-24
View their other companies + combined net worth →
BRUCE, Gifford William→
Resignedsecretary · resigned 1990-02-07
BRUCE, William→
Resignedsecretary · appointed 1996-05-24 · resigned 2008-02-13
SOMERVILLE, Allison→
Resignedsecretary · appointed 1990-02-07 · resigned 1996-05-24
SOMERVILLE, Stuart→
Resignedsecretary · appointed 1990-02-07 · resigned 1990-06-30
SOMERVILLE, Stuart Wilson→
Resigneddirector · ~66y · resigned 1996-04-25
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
4
Outstanding
3
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Sinead Mary O'rourke | A registered charge | 1 property | 03/04/2017 | — | |
| outstanding | Sinead Mary Orourke | A registered charge | 1 property | 31/03/2017 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 22/09/2005 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 25/11/2004 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 03/08/1984 | 13/11/1986 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (112 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-03
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-03
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-03
accounts-with-accounts-type-micro-entity
accounts · AA
2019-03-28