BUILD DEPOT LIMITED

🌳Matureactive

SC172887 · ltd · incorporated 1997-02-24

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£7.44M

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: SIC 46730

Sector: Wholesale & retail

Investor take

Pursue

Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 77/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

7 live charges · 4 lenders · oldest 25.4y

35/100

too messy

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

· Oldest live charge is 25.4 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (82/100)

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

Lenders & charges

7 charges (7/7 with lender, 7/7 with type)

Directors & officers

11 officers (5 active, 11 linked, 8 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

11 connected companies via shared directors

Filing history

106 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 · accounting standard not declared

Positive net assets

Net assets £7,443,173

Cash YoY

+174%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£1.1m

↑ 174% YoY

Net Worth

£7.4m

↑ 1.6% YoY

Current Assets

£11m

↑ 65% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Total assets	£7.62M	£7.39M
Current assets	£10.93M	£6.61M
Cash	£1.13M	£410.9k
Debtors	£8.16M	£5.43M
Net assets	£7.44M	£7.33M

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

filings

• 2 officers
• 1 confirmation-statement

Last 90 days

filings

• 2 officers
• 1 confirmation-statement

Last 180 days

filings

• 2 officers
• 1 confirmation-statement
• 1 persons-with-significant-control

Counts from Companies House filing history.

Corporate timeline (47 events)Click to expand

2026-04-02
➕
QUEEN, Stephen William James Stewart appointed
director
2026-04-02
➖
QUEEN, Stephen resigned
director
2026-04-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-04-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-12-21
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-08-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-05
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-22
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2023-12-21
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-12-21
🔓
Charge satisfied #3
2023-09-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-29
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-12-29
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-12-29
🔓
Charge satisfied #7
2022-12-29
🔓
Charge satisfied #4
2022-09-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-09
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2020-09-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-17
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2020-03-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-11
🔒
Charge registered #7
Lender: Alexander Douglas
2019-12-06
🔒
Charge registered #5
Lender: The Royal Bank of Scotland PLC
2019-12-04
🔒
Charge registered #3
Lender: Rbs Invoice Finance LTD
2019-12-02
➕
RODGER, Lucy Margaret appointed
director
2019-12-02
➕
RODGER, Mark Thomas appointed
director
2019-12-02
➕
RODGER, Mary Majella appointed
director
2019-12-02
➖
DOUGLAS, Alexander resigned
director
2019-12-02
➖
DOUGLAS, Marie resigned
director
2019-12-02
🔒
Charge registered #6
Lender: The Royal Bank of Scotland PLC
2019-12-02
🔒
Charge registered #4
Lender: Alexander Douglas
2019-06-06
🔓
Charge satisfied #1
2019-05-08
🔓
Charge satisfied #2
2014-01-01
➕
QUEEN, Stephen appointed
director
2013-04-01
➕
DOUGLAS, Marie appointed
director
2004-04-01
➕
QUEEN, Stephen William James Stewart Carmichael Palmer appointed
director
2004-04-01
➖
QUEEN, Stephen William James Stewart Carmichael Palmer resigned
director
2003-02-28
➖
DOUGLAS, Marie Helen resigned
secretary
2003-01-16
🔒
Charge registered #2
Lender: The Governor and Company of the Bank of Scotland
2001-04-01
➕
QUEEN, Stephen William James Stewart Carmichael Palmer appointed
secretary
2000-11-15
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1997-02-24
🏢
Company incorporated
As BUILD DEPOT LIMITED
1997-02-24
➕
DOUGLAS, Marie Helen appointed
secretary
1997-02-24
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
1997-02-24
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
1997-02-24
➕
DOUGLAS, Alexander appointed
director

Owner dependency

56/100

Moderate — manageable with handover

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

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Senior director age: Director aged approximately 64 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

50/100

Moderate signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.

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.

Group structure

Rodger Group Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Rodger Group Holdings Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

BUILD DEPOT LIMITED

This company · SC172887

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%

Name	Shares	Voting rights	Nature of control	Notified
Rodger Group Holdings Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	04/12/2019

1 historic (ceased) PSC

Mr Alexander Douglasceased 04/12/2019· 50-75% shares

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

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AMG GROUP LIMITED→ SC244104 · est 2003 · no financials extracted	—	—	—	—	23y	—	—
APEX TECH SCOTLAND LTD→ SC308520 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
AVTAR IMPORTS LTD→ SC826600 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
BGS AFRIKA LIMITED→ SC868987 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BIO SOIL WORKS LTD→ SC861826 · est 2025 · no financials extracted	—	—	—	—	—	—	—
C&C MEATS LIMITED→ SC533060 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
C&J MUIR LTD→ SC844327 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
CAMPBELL MEDICAL SUPPLIES LTD→ SC470418 · est 2014 · no financials extracted	—	—	—	—	12y	—	—
CAMPBELTOWN WHISKY COMPANY LTD→ SC649431 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
CARLTON ABRASIVES LIMITED→ SC446843 · est 2013 · no financials extracted	—	—	—	—	13y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated1997-02-24

Jurisdictionscotland

Primary SIC46730 — SIC 46730

Registered office

150 Lynedoch Street

Greenock

PA15 4AJ

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-04-07

Last: 2026-03-24