BILLY BOWIE SPECIAL PROJECTS LIMITED
🌳Matureactive
SC194894 · ltd · incorporated 1999-03-26
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 May 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
ALSO REGISTERED FOR
- 38210SIC 38210
Investor take
Pass (distressed without resilience)Leverage-led grower. Family succession underway — not a classic acquisition target.
Opportunity 74/100 (strong), bankability 57/100. Same-surname younger director in place — likely family handover, not open to sale. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (78/100).
🏦
Refinance opportunity
6 live charges · 5 lenders · oldest 25.5y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 25.5 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: medium (73/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
10 officers (5 active, 10 linked, 6 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
101 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
74/100Strong
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
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £3,264,055
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 |
|---|---|
| Profit before tax | £3.26M |
| Average employees | 85 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
4 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
1
filing
- • 1 mortgage
Last 90 days
2
filings
- • 1 mortgage
- • 1 accounts
Last 180 days
3
filings
- • 1 mortgage
- • 1 accounts
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
- 2026-04-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-26🔒Charge registered #6Lender: Big Battery (Holmquarry Road) Limited
- 2026-02-27📄accounts-with-accounts-type-fullaccounts · AA
- 2025-10-30📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-03-12📄accounts-amended-with-accounts-type-fullaccounts · AAMD
- 2025-02-28📄accounts-with-accounts-type-fullaccounts · AA
- 2024-12-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-12-20🔓Charge satisfied #3
- 2024-01-31📄accounts-with-accounts-type-fullaccounts · AA
- 2023-09-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-25🔒Charge registered #5Lender: Big Battery (Holmquarry Road) Limited
- 2023-01-23📄accounts-with-accounts-type-groupaccounts · AA
- 2023-01-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-01-01➕BOWIE, Mandy Stephen appointeddirector
- 2022-11-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-10-27🔒Charge registered #4Lender: National Grid Property Holdings Limited
- 2022-05-30📄accounts-with-accounts-type-groupaccounts · AA
- 2021-12-07📄capital-return-purchase-own-sharescapital · SH03
- 2021-12-02📄capital-cancellation-sharescapital · SH06
- 2021-11-18📄resolutionresolution · RESOLUTIONS
- 2021-08-27📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2021-08-27📄legacycapital · SH20
- 2021-08-27⚠️legacyinsolvency · CAP-SS
- 2021-08-27📄resolutionresolution · RESOLUTIONS
- 2021-05-28📄accounts-with-accounts-type-groupaccounts · AA
- 2019-10-18➕BOWIE, Elaine appointedsecretary
- 2019-04-01➖ALLAN, Elaine resignedsecretary
- 2019-04-01➖ALLAN, Elaine resigneddirector
- 2014-05-31➕BOWIE, Douglas Chisholm appointeddirector
- 2014-05-31➕CLARK, Alisdair James Hunter appointeddirector
- 2007-12-24➕ALLAN, Elaine appointeddirector
- 2005-04-14🔓Charge satisfied #1
- 2005-03-23🔒Charge registered #3Lender: Hsbc Invoice Finance (UK) Limited
- 2004-10-25🔒Charge registered #2Lender: Hsbc Bank PLC
- 2002-09-30➕ALLAN, Elaine appointedsecretary
- 2002-09-30➖LAMBERT, Robert Adamson resignedsecretary
- 2000-10-12🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1999-04-20➕LAMBERT, Robert Adamson appointedsecretary
- 1999-04-19➖EAGER, Peter resignedsecretary
- 1999-04-16➖SMITH, Angela Claire resigneddirector
- 1999-04-15➕BOWIE, William Davidson appointeddirector
- 1999-03-26🏢Company incorporatedAs BILLY BOWIE SPECIAL PROJECTS LIMITED
- 1999-03-26➕EAGER, Peter appointedsecretary
- 1999-03-26➕SMITH, Angela Claire appointeddirector
Owner dependency
81/100
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
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder name in company name: Company name contains director surname "BOWIE" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — BOWIE, Mandy Stephen (same surname) appointed 2023-01-01. Pattern consistent with intra-family handover.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 27 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 high · 1 med ·1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2021-08-27: legacy
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr William Davidson Bowie Individual · British · DOB 02/1966 · age 60 | 75–100% | — | 75-100% shares | 06/04/2016 |
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 →Similar companies
Active · Energy & utilities · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BROADHOLM ENERGY LTD→ SC743376 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| DKL SERVICES (AYR) LTD→ SC450760 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| DONANSIDE LIMITED→ SC786252 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ECO SKIPS (SCOTLAND) LIMITED→ SC418368 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| ECO-VISION ENERGY UK LIMITED→ SC732894 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| FIRTHSIDE LIMITED→ SC715882 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| G & O WASTE SOLUTIONS LIMITED→ SC872763 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GJM POWER LIMITED→ SC737817 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| GLENGOLLY BESS LTD→ SC796290 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| GLENNON BROS. ENERGY LTD→ SC543111 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| GLOW FUELS LIMITED→ SC555739 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| GREEN ENERGY SCOTLAND C.I.C.→ SC652525 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1999-03-26
Jurisdictionscotland
Primary SIC38110 — SIC 38110
Registered office
Moorfield Industrial Estate
Kilmarnock
Ayrshire
KA2 0BA
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-22
Last: 2025-06-08
Officers (5 active · 5 resigned)
Active
BOWIE, Douglas Chisholm→
Activedirector · ~59y · appointed 2014-05-31
View their other companies + combined net worth →
BOWIE, Mandy Stephen→
Activedirector · ~54y · appointed 2023-01-01
View their other companies + combined net worth →
BOWIE, William Davidson→
Activedirector · ~60y · appointed 1999-04-15
View their other companies + combined net worth →
CLARK, Alisdair James Hunter→
Activedirector · ~57y · appointed 2014-05-31
View their other companies + combined net worth →
ALLAN, Elaine→
Resignedsecretary · appointed 2002-09-30 · resigned 2019-04-01
EAGER, Peter→
Resignedsecretary · appointed 1999-03-26 · resigned 1999-04-19
LAMBERT, Robert Adamson→
Resignedsecretary · appointed 1999-04-20 · resigned 2002-09-30
ALLAN, Elaine→
Resigneddirector · ~54y · appointed 2007-12-24 · resigned 2019-04-01
SMITH, Angela Claire→
Resigneddirector · ~50y · appointed 1999-03-26 · resigned 1999-04-16
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
4
Outstanding
3
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Big Battery (Holmquarry Road) Big Battery (Holmquarry Road) Limited | A registered charge | 1 property | 26/03/2026 | — | |
| outstanding | Big Battery (Holmquarry Road) Big Battery (Holmquarry Road) Limited | A registered charge | 1 property | 25/08/2023 | — | |
| outstanding | National Grid Property Holdings National Grid Property Holdings Limited | A registered charge | 1 property | 27/10/2022 | — | |
| satisfied | HSBC Hsbc Invoice Finance (UK) Limited | Floating charge | 1 property | 23/03/2005 | 20/12/2024 | |
| outstanding | HSBC Hsbc Bank PLC | Floating charge | 1 property | 25/10/2004 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 12/10/2000 | 14/04/2005 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (101 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-09
accounts-with-accounts-type-full
accounts · AA
2026-02-27
change-person-secretary-company-with-change-date
officers · CH03
2025-10-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-07
accounts-amended-with-accounts-type-full
accounts · AAMD
2025-03-12
accounts-with-accounts-type-full
accounts · AA
2025-02-28
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-10
accounts-with-accounts-type-full
accounts · AA
2024-01-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-09-09
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-13
accounts-with-accounts-type-group
accounts · AA
2023-01-23
appoint-person-director-company-with-name-date
officers · AP01
2023-01-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-11-01
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-21