BROWN & WILSON STEELS LTD.
🌳Matureactive
SC203229 · ltd · incorporated 2000-01-24
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
—
not disclosed
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 46720
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 71-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (73/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 26.2y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 26.2 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (59/100)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
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 4 with DOB)
79
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
104 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.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
- 2025-11-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-12-12📄accounts-with-accounts-type-smallaccounts · AA
- 2023-12-21📄accounts-with-accounts-type-smallaccounts · AA
- 2023-03-29➕HARDING, Jennifer Ann appointedsecretary
- 2023-03-29➖HARDING, Ian resignedsecretary
- 2023-03-29📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-03-29📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-03-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-03-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-03-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-03-16🔓Charge satisfied #5
- 2023-03-16🔓Charge satisfied #4
- 2023-03-16🔓Charge satisfied #1
- 2022-12-22📄accounts-with-accounts-type-smallaccounts · AA
- 2022-11-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC03
- 2022-11-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-11-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-12-30📄accounts-with-accounts-type-smallaccounts · AA
- 2021-01-13📄accounts-with-accounts-type-smallaccounts · AA
- 2020-06-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-06-19➖BAXTER, Wendy resigneddirector
- 2019-12-30📄accounts-with-accounts-type-smallaccounts · AA
- 2018-11-13📄accounts-with-accounts-type-smallaccounts · AA
- 2018-08-24🔓Charge satisfied #3
- 2012-03-21🔒Charge registered #5Lender: Ian Harding & Others
- 2011-02-08➕MILLER, Stephen appointeddirector
- 2006-12-18➕BAXTER, Wendy appointeddirector
- 2004-09-03🔒Charge registered #4Lender: Lloyds Tsb Commercial Finance Limited
- 2004-07-23🔒Charge registered #3Lender: Lloyds Tsb Scotland PLC
- 2000-02-09➕HARDING, Ian appointeddirector
- 2000-02-09➕WILSON, Thomas Stannage appointeddirector
- 2000-02-09➕HARDING, Ian appointedsecretary
- 2000-02-09➕MD SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2000-02-09➖MD SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2000-02-09➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2000-02-09➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
- 2000-02-09🔒Charge registered #2Lender: Lloyds Tsb Commercial Finance Limited
- 2000-02-09🔒Charge registered #1Lender: C. Brown & Sons (Steel) Limited
- 2000-01-24🏢Company incorporatedAs BROWN & WILSON STEELS LTD.
- 2000-01-24➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2000-01-24➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-director
Owner dependency
90/100
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
- +Founder name in company name: Company name contains director surname "WILSON" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 26 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
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 |
|---|---|---|---|---|
Brown & Tawse Steelstock Ltd Individual | 75–100% | — | 75-100% shares | 28/11/2022 |
2 historic (ceased) PSCs
- Mr Ian Hardingceased 28/11/2022· significant influence
- Mrs Jennifer Ann Hardingceased 28/11/2022· significant influence
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 · Wholesale & distribution · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A.DEANS TRADING LIMITED→ SC706260 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AYDYA LIMITED→ SC367967 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| DISCOVERY AQUARIUM FURNITURE LTD→ SC725333 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| DUNDEE AUTOBREAKERS LTD→ SC531331 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| DWK OFFICE SOLUTIONS LIMITED→ SC258582 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ELECTRIC BIKES SCOTLAND LIMITED→ SC451414 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ENTITIES LTD→ SC860830 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| EPMH LIMITED→ SC214323 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| FACE-IT BY MMS LIMITED→ SC725792 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| FIREPLACE DUNDEE LTD.→ SC230840 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| FRANK KELBIE LIMITED→ SC133320 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| FRUNCHII LTD→ SC840402 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2000-01-24
Jurisdictionscotland
Primary SIC46720 — SIC 46720
Registered office
Fowler Road
West Pitkerro Indust, Broughty
Ferry, Dundee
Angus
DD5 3RU
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-04-06
Confirmation statement
Next due: 2026-11-15
Last: 2025-11-01
Officers (4 active · 5 resigned)
HARDING, Jennifer Ann→
Activesecretary · appointed 2023-03-29
View their other companies + combined net worth →
HARDING, Ian→
Activedirector · ~71y · appointed 2000-02-09
View their other companies + combined net worth →
MILLER, Stephen→
Activedirector · ~60y · appointed 2011-02-08
View their other companies + combined net worth →
WILSON, Thomas Stannage→
Activedirector · ~69y · appointed 2000-02-09
View their other companies + combined net worth →
HARDING, Ian→
Resignedsecretary · appointed 2000-02-09 · resigned 2023-03-29
MD SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2000-02-09 · resigned 2000-02-09
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2000-01-24 · resigned 2000-02-09
BAXTER, Wendy→
Resigneddirector · ~55y · appointed 2006-12-18 · resigned 2020-06-19
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 2000-01-24 · resigned 2000-02-09
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Ian Harding & Others | Floating charge | 1 property | 21/03/2012 | 16/03/2023 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Standard security | 1 property | 03/09/2004 | 16/03/2023 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Scotland PLC | Standard security | 1 property | 23/07/2004 | 24/08/2018 | |
| outstanding | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Floating charge | 1 property | 09/02/2000 | — | |
| satisfied | C. Brown & Sons (Steel) C. Brown & Sons (Steel) Limited | Bond & floating charge | 2 properties | 09/02/2000 | 16/03/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (104 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-07
accounts-with-accounts-type-dormant
accounts · AA
2025-11-11
accounts-with-accounts-type-small
accounts · AA
2024-12-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-24
accounts-with-accounts-type-small
accounts · AA
2023-12-21
appoint-person-secretary-company-with-name-date
officers · AP03
2023-03-29
termination-secretary-company-with-name-termination-date
officers · TM02
2023-03-29
mortgage-satisfy-charge-full
mortgage · MR04
2023-03-16
mortgage-satisfy-charge-full
mortgage · MR04
2023-03-16
mortgage-satisfy-charge-full
mortgage · MR04
2023-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-25
accounts-with-accounts-type-small
accounts · AA
2022-12-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC03
2022-11-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-11-28