BON ACCORD GRANITE LTD.

🌳Matureactive
SC175967 · ltd · incorporated 1997-05-30
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 27.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
£358.8k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 23700
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 63-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (80/100, director aged 63). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 2 lenders · oldest 27.9y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 27.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

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, 1 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
8 officers (3 active, 8 linked, 5 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
90 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £358,802
Cash YoY
+23%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£10k
↑ 23% YoY
Net Worth
£359k
↑ 20% YoY
Current Assets
£105k
↑ 605% YoY
Current Liabilities
—
£0£72k£144k£215k£287k£359kAug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-08-312024-08-31
Total assets£418.1k£299.7k
Current assets£104.6k£14.8k
Cash£10.3k£8.4k
Debtors£24.8k£109
Net assets£358.8k£299.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2026-02-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-08-21
    🔓
    Charge satisfied #2
  4. 2025-04-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-05-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-12-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-05-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-05-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-05-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-06-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2016-05-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-06-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-05-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-05-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2015-05-23
    🔓
    Charge satisfied #5
  19. 2015-05-23
    🔓
    Charge satisfied #3
  20. 2015-05-23
    🔓
    Charge satisfied #1
  21. 2009-01-16
    🔓
    Charge satisfied #4
  22. 2004-09-30
    ➕
    FORBES, Shona appointed
    director
  23. 2004-09-30
    ➖
    HENDERSON, Stuart resigned
    director
  24. 2004-09-07
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
  25. 2004-07-16
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  26. 2003-01-22
    ➕
    FORBES, John Leslie appointed
    secretary
  27. 2003-01-22
    ➖
    ROSS, Duncan resigned
    secretary
  28. 2003-01-22
    ➖
    ROSS, Duncan resigned
    director
  29. 2001-11-07
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  30. 1999-09-01
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  31. 1998-05-13
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  32. 1997-05-30
    🏢
    Company incorporated
    As BON ACCORD GRANITE LTD.
  33. 1997-05-30
    ➕
    FORBES, John Leslie appointed
    director
  34. 1997-05-30
    ➕
    REID, Brian appointed
    nominee-secretary
  35. 1997-05-30
    ➖
    REID, Brian resigned
    nominee-secretary
  36. 1997-05-30
    ➕
    ROSS, Duncan appointed
    secretary
  37. 1997-05-30
    ➕
    HENDERSON, Stuart appointed
    director
  38. 1997-05-30
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  39. 1997-05-30
    ➖
    MABBOTT, Stephen resigned
    nominee-director
  40. 1997-05-30
    ➕
    ROSS, Duncan appointed
    director

Owner dependency

84/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 29 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

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.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr John Leslie Forbes
Individual · British · DOB 12/1963 · age 63
50–75%
50–75%50-75% shares · 50-75% voting06/04/2016
Mrs Shona Forbes
Individual · British · DOB 08/1965 · age 61
25–50%
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.

🔒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
Incorporated1997-05-30
Jurisdictionscotland
Primary SIC23700 — SIC 23700

Registered office

Bon Accord House Foveran
Newburgh
Ellon
Aberdeenshire
AB41 6AU

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-06-13
Last: 2025-05-30

Officers (3 active · 5 resigned)

FORBES, John Leslie→
secretary · appointed 2003-01-22
View their other companies + combined net worth →
Active
FORBES, John Leslie→
director · ~63y · appointed 1997-05-30
View their other companies + combined net worth →
Active
FORBES, Shona→
director · ~61y · appointed 2004-09-30
View their other companies + combined net worth →
Active
REID, Brian→
nominee-secretary · appointed 1997-05-30 · resigned 1997-05-30
Resigned
ROSS, Duncan→
secretary · appointed 1997-05-30 · resigned 2003-01-22
Resigned
HENDERSON, Stuart→
director · ~56y · appointed 1997-05-30 · resigned 2004-09-30
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1997-05-30 · resigned 1997-05-30
Resigned
ROSS, Duncan→
director · ~60y · appointed 1997-05-30 · resigned 2003-01-22
Resigned

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

Mortgages & charges

5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/09/200423/05/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property16/07/200416/01/2009
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property07/11/200123/05/2015
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property01/09/199921/08/2025
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property13/05/199823/05/2015

Recent filings (90 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-05