BUKO HOLDINGS LIMITED

🌳Matureactive
SC132832 · ltd · incorporated 1991-07-09
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
48/100
Watch
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 2873
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 48/100 (watch), bankability 12/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (70/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 34.1y

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 34.1 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 55/100 (high).

Data confidence

Overall: low (50/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
13 officers (4 active, 13 linked, 9 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
5 connected companies via shared directors
60
Filing history
81 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
48/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
15
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

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 (54 events)Click to expand
  1. 2022-01-18
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  2. 2004-09-10
    ⚠️
    liquidation-receiver-ceasing-to-act-scotland
    insolvency · 3(Scot)
  3. 2002-04-10
    ⚠️
    liquidation-receiver-receivers-report-scotland
    insolvency · 3.5(Scot)
  4. 2002-01-10
    ⚠️
    liquidation-receiver-appointment-of-receiver-scotland
    insolvency · 1(Scot)
  5. 2002-01-04
    📍
    legacy
    address · 287
  6. 2001-12-17
    📄
    legacy
    officers · 288b
  7. 2001-10-12
    GRANT, Alexander James resigned
    director
  8. 2001-07-17
    📄
    legacy
    annual-return · 363s
  9. 2000-12-22
    📄
    accounts-with-accounts-type-full-group
    accounts · AA
  10. 2000-07-20
    📄
    legacy
    annual-return · 363s
  11. 2000-04-11
    📄
    legacy
    officers · 288a
  12. 2000-03-27
    GRANT, Alexander James appointed
    director
  13. 2000-03-06
    📄
    accounts-with-accounts-type-full-group
    accounts · AA
  14. 2000-02-28
    📄
    legacy
    officers · 288b
  15. 2000-02-11
    BUTCHART, David John resigned
    director
  16. 1999-07-16
    📄
    legacy
    officers · 288b
  17. 1999-07-16
    📄
    legacy
    annual-return · 363s
  18. 1999-07-02
    📄
    legacy
    officers · 288b
  19. 1999-06-28
    MCKECHNIE, Neil John resigned
    director
  20. 1999-06-22
    📄
    legacy
    officers · 288a
  21. 1999-06-14
    PROUDFOOT, Ian Hamilton appointed
    secretary
  22. 1999-06-14
    PROUDFOOT, Ian Hamilton appointed
    director
  23. 1999-06-11
    HEGARTY, Eamon James resigned
    secretary
  24. 1999-06-11
    HEGARTY, Eamon James resigned
    director
  25. 1999-06-09
    📄
    legacy
    officers · 288b
  26. 1999-05-21
    FINNIE, James Ross resigned
    secretary
  27. 1999-01-12
    📄
    legacy
    officers · 288a
  28. 1999-01-12
    📄
    legacy
    officers · 288b
  29. 1998-12-23
    📄
    accounts-with-accounts-type-full-group
    accounts · AA
  30. 1998-12-14
    HEGARTY, Eamon James appointed
    secretary
  31. 1998-12-14
    FINNIE, James Ross resigned
    director
  32. 1998-12-14
    HEGARTY, Eamon James appointed
    director
  33. 1998-11-30
    📄
    mortgage-alter-floating-charge
    mortgage · 466(Scot)
  34. 1998-11-23
    📄
    legacy
    mortgage · 419a(Scot)
  35. 1998-11-23
    📄
    legacy
    mortgage · 419a(Scot)
  36. 1998-11-23
    🔓
    Charge satisfied #2
  37. 1998-11-23
    🔓
    Charge satisfied #1
  38. 1998-11-19
    📄
    mortgage-alter-floating-charge
    mortgage · 466(Scot)
  39. 1998-11-18
    📄
    legacy
    mortgage · 410(Scot)
  40. 1998-11-10
    🔒
    Charge registered #4
    Lender: The Governor and Company of the Bank of Scotland
  41. 1998-04-27
    REILLY, Andrew appointed
    director
  42. 1994-11-29
    🔒
    Charge registered #3
    Lender: 3I Group PLC
  43. 1993-08-31
    FINNIE, James Ross appointed
    secretary
  44. 1993-08-31
    HUNTER, Ronald David resigned
    secretary
  45. 1993-07-31
    WOOLFALL, David Edward resigned
    director
  46. 1992-07-09
    WOOLFALL, David Edward appointed
    director
  47. 1992-03-13
    MARNOCH, William Berry appointed
    director
  48. 1992-03-13
    HUNTER, Ronald David appointed
    secretary
  49. 1992-03-13
    BUTCHART, David John appointed
    director
  50. 1992-03-13
    FINNIE, James Ross appointed
    director
Showing most recent 50 of 54 events

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 95 — succession pressure is live.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 95 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 35 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

3 high · 2 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2002-01-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2016-07-23

3 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2004-09-10: liquidation-receiver-ceasing-to-act-scotland; 2002-04-10: liquidation-receiver-receivers-report-scotland

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

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

Active · Manufacturing · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BEYOND UTILITY LTD
SC747627 · est 2022 · no financials extracted
3y
BOOKBINDING BY CRAWFORD LTD
SC337349 · est 2008 · no financials extracted
18y
BOPLOG LTD
SC873872 · est 2025 · no financials extracted
BUTTERWORTHS LENSES LIMITED
SC225522 · est 2001 · no financials extracted
24y
C-DEC HOLDINGS LTD
SC872721 · est 2025 · no financials extracted
C. C. WINDOWS LTD
SC724269 · est 2022 · no financials extracted
4y
C.B. SCOTLAND LTD
SC711838 · est 2021 · no financials extracted
4y
CALEDONIAN MACHINE TOOLS LTD.
SC322144 · est 2007 · no financials extracted
18y
CAPITAL IMAGING LTD
SC879792 · est 2026 · no financials extracted
CAPITAL OPTICS LTD
SC452004 · est 2013 · no financials extracted
12y
CAPITAL POWER CLEAN LIMITED
SC332575 · est 2007 · no financials extracted
18y
CAPITAL STONE PRODUCTS LIMITED
SC688841 · est 2021 · no financials extracted
5y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

12 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
Incorporated1991-07-09
Jurisdictionscotland
Primary SIC2873 — SIC 2873

Registered office

SC132832: COMPANIES HOUSE DEFAULT ADDRESS
Edinburgh
EH7 9HR

Filing status

Accounts
Next due: 2002-01-31OVERDUE
Last made up to: 2000-03-31
Confirmation statement
Next due: 2016-07-23OVERDUE
Last:

Officers (4 active · 9 resigned)

PROUDFOOT, Ian Hamilton
secretary · appointed 1999-06-14
View their other companies + combined net worth →
Active
MARNOCH, William Berry
director · ~95y · appointed 1992-03-13
View their other companies + combined net worth →
Active
PROUDFOOT, Ian Hamilton
director · ~77y · appointed 1999-06-14
View their other companies + combined net worth →
Active
REILLY, Andrew
director · ~88y · appointed 1998-04-27
View their other companies + combined net worth →
Active
FINNIE, James Ross
secretary · appointed 1993-08-31 · resigned 1999-05-21
Resigned
HEGARTY, Eamon James
secretary · appointed 1998-12-14 · resigned 1999-06-11
Resigned
HUNTER, Ronald David
secretary · appointed 1992-03-13 · resigned 1993-08-31
Resigned
BUTCHART, David John
director · ~71y · appointed 1992-03-13 · resigned 2000-02-11
Resigned
FINNIE, James Ross
director · ~79y · appointed 1992-03-13 · resigned 1998-12-14
Resigned
GRANT, Alexander James
director · ~65y · appointed 2000-03-27 · resigned 2001-10-12
Resigned
HEGARTY, Eamon James
director · ~69y · appointed 1998-12-14 · resigned 1999-06-11
Resigned
MCKECHNIE, Neil John
director · ~87y · appointed 1992-03-13 · resigned 1999-06-28
Resigned
WOOLFALL, David Edward
director · ~78y · appointed 1992-07-09 · resigned 1993-07-31
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property10/11/1998
outstanding
3I Group
3I Group PLC
Bond & floating charge1 property29/11/1994
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property13/03/199223/11/1998
satisfied
3I
3I PLC
Bond & floating charge1 property13/03/199223/11/1998
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (81 total)

default-companies-house-registered-office-address-applied
address · RP05
2022-01-18
liquidation-receiver-ceasing-to-act-scotland
insolvency · 3(Scot)
2004-09-10
liquidation-receiver-receivers-report-scotland
insolvency · 3.5(Scot)
2002-04-10
liquidation-receiver-appointment-of-receiver-scotland
insolvency · 1(Scot)
2002-01-10
legacy
address · 287
2002-01-04
legacy
officers · 288b
2001-12-17
legacy
annual-return · 363s
2001-07-17
accounts-with-accounts-type-full-group
accounts · AA
2000-12-22
legacy
annual-return · 363s
2000-07-20
legacy
officers · 288a
2000-04-11
accounts-with-accounts-type-full-group
accounts · AA
2000-03-06
legacy
officers · 288b
2000-02-28
legacy
officers · 288b
1999-07-16
legacy
annual-return · 363s
1999-07-16
legacy
officers · 288b
1999-07-02