1 OFFICE EQUIPMENT LIMITED

🌳Matureactive
SC137429 · ltd · incorporated 1992-03-27
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
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (65/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 33.8y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 33.8 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 33/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
104 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees131700

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
1
filing
  • 1 confirmation-statement
Last 180 days
6
filings
  • 2 officers
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2026-01-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  2. 2026-01-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-01-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2026-01-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2025-04-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  7. 2025-04-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-04-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-04-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2025-04-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2025-04-07
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  12. 2025-04-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2025-04-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2025-04-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2025-04-03
    KIDD, Brian James appointed
    director
  16. 2025-04-03
    KIDD, Gwendolyn resigned
    secretary
  17. 2025-04-03
    KIDD, Brian James resigned
    director
  18. 2025-04-03
    KIDD, Brian resigned
    director
  19. 2025-04-03
    KIDD, Gwendolyn resigned
    director
  20. 2024-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2023-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2022-08-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2022-08-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2022-04-01
    MALPAS, Pamela appointed
    director
  26. 2022-04-01
    KIDD, Brian James appointed
    director
  27. 2021-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  28. 2016-11-07
    🔓
    Charge satisfied #3
  29. 2016-11-04
    🔓
    Charge satisfied #2
  30. 2016-09-08
    🔒
    Charge registered #4
    Lender: Svenska Handelsbanken Ab (Publ)
  31. 2005-02-24
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  32. 2002-07-25
    🔓
    Charge satisfied #1
  33. 2002-02-26
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  34. 1992-07-20
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  35. 1992-03-27
    🏢
    Company incorporated
    As 1 OFFICE EQUIPMENT LIMITED
  36. 1992-03-27
    KIDD, Gwendolyn appointed
    secretary
  37. 1992-03-27
    REID, Brian appointed
    nominee-secretary
  38. 1992-03-27
    REID, Brian resigned
    nominee-secretary
  39. 1992-03-27
    KIDD, Brian appointed
    director
  40. 1992-03-27
    KIDD, Gwendolyn appointed
    director
  41. 1992-03-27
    MABBOTT, Stephen appointed
    nominee-director
  42. 1992-03-27
    MABBOTT, Stephen resigned
    nominee-director

Owner dependency

58/100
Moderate — manageable with handover

Some 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 signal

Limited 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

1 med · 1 low
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.

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

B & G Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
B & G Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
1 OFFICE EQUIPMENT LIMITED
This company · SC137429

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
B & G Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control03/04/2025
2 historic (ceased) PSCs
  • Mr Brian Kiddceased 03/04/2025· 50-75% shares · 50-75% voting · board control
  • Mrs Gwendolyn Kiddceased 03/04/2025· 25-50% shares · 25-50% voting

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 →

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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
Incorporated1992-03-27
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities

Registered office

11 Dudhope Terrace
Dundee
DD3 6TS
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-08
Last: 2026-02-22

Officers (2 active · 6 resigned)

KIDD, Brian James
director · ~42y · appointed 2025-04-03
View their other companies + combined net worth →
Active
MALPAS, Pamela
director · ~40y · appointed 2022-04-01
View their other companies + combined net worth →
Active
KIDD, Gwendolyn
secretary · appointed 1992-03-27 · resigned 2025-04-03
Resigned
REID, Brian
nominee-secretary · appointed 1992-03-27 · resigned 1992-03-27
Resigned
KIDD, Brian James
director · ~42y · appointed 2022-04-01 · resigned 2025-04-03
Resigned
KIDD, Brian
director · ~73y · appointed 1992-03-27 · resigned 2025-04-03
Resigned
KIDD, Gwendolyn
director · ~72y · appointed 1992-03-27 · resigned 2025-04-03
Resigned
MABBOTT, Stephen
nominee-director · ~76y · appointed 1992-03-27 · resigned 1992-03-27
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Svenska Handelsbanken Ab (Publ)
A registered charge08/09/2016
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property24/02/200507/11/2016
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property26/02/200204/11/2016
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property20/07/199225/07/2002
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (104 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-01-22
change-person-director-company-with-change-date
officers · CH01
2026-01-22
change-person-director-company-with-change-date
officers · CH01
2026-01-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-04-08
termination-director-company-with-name-termination-date
officers · TM01
2025-04-07
appoint-person-director-company-with-name-date
officers · AP01
2025-04-07
termination-director-company-with-name-termination-date
officers · TM01
2025-04-07
termination-director-company-with-name-termination-date
officers · TM01
2025-04-07
termination-secretary-company-with-name-termination-date
officers · TM02
2025-04-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-07