BINN GROUP LIMITED

🌳Matureactive
SC223118 · ltd · incorporated 2001-09-11
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
78/100
Strong
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 78/100 (strong), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. 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 · 5 lenders · oldest 24.4y

35/100
too messy

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

  • · Oldest live charge is 24.4 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (83/100)

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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
13 officers (7 active, 13 linked, 8 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
98 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review 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£1.6m£3.3m£4.9m£6.5m£8.1mMar 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
Total assets£9.39M
Current assets£8.15M
Cash£1.38M
Debtors£6.63M
Net assets£5.68M

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

🔒Filing-note intelligence

3 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
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  2. 2025-04-01
    MACGREGOR, Guy George Monce appointed
    director
  3. 2025-04-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-03-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  5. 2025-03-24
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  6. 2025-03-24
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2025-02-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-02-11
    MORRISON, Irvine John appointed
    director
  9. 2024-08-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2024-01-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2024-01-09
    🔓
    Charge satisfied #7
  12. 2023-10-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2022-12-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2022-03-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2021-04-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2019-10-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2018-12-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2018-01-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2017-05-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2017-05-01
    HARKINS, Brian appointed
    director
  21. 2017-01-26
    🔓
    Charge satisfied #4
  22. 2017-01-26
    🔓
    Charge satisfied #2
  23. 2016-07-27
    🔒
    Charge registered #7
    Lender: Hsbc Bank PLC
  24. 2016-05-10
    🔓
    Charge satisfied #1
  25. 2016-04-21
    🔓
    Charge satisfied #3
  26. 2016-04-01
    🔒
    Charge registered #6
    Lender: Hsbc Bank PLC
  27. 2016-03-14
    🔒
    Charge registered #5
    Lender: Hsbc Invoice Finance (UK) LTD
  28. 2015-12-11
    SANDERSON, David Duncan appointed
    director
  29. 2011-04-28
    GILLESPIE MACANDREW SECRETARIES LIMITED appointed
    corporate-secretary
  30. 2011-04-28
    1924 NOMINEES LIMITED resigned
    corporate-secretary
  31. 2011-02-28
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC
  32. 2008-12-17
    1924 NOMINEES LIMITED appointed
    corporate-secretary
  33. 2008-12-17
    ABL (SECRETARIES) LIMITED resigned
    corporate-secretary
  34. 2006-10-13
    🔒
    Charge registered #3
    Lender: Sita UK Limited
  35. 2004-11-01
    KING, Allan Duncan resigned
    director
  36. 2004-11-01
    KING, Allan Gilbert resigned
    director
  37. 2002-01-11
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  38. 2001-11-21
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  39. 2001-09-11
    🏢
    Company incorporated
    As BINN GROUP LIMITED
  40. 2001-09-11
    MACGREGOR, Allan appointed
    director
  41. 2001-09-11
    MACGREGOR, John Merchant appointed
    director
  42. 2001-09-11
    ABL (SECRETARIES) LIMITED appointed
    corporate-secretary
  43. 2001-09-11
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  44. 2001-09-11
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  45. 2001-09-11
    KING, Allan Duncan appointed
    director
  46. 2001-09-11
    KING, Allan Gilbert appointed
    director
  47. 2001-09-11
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  48. 2001-09-11
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -6 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 81 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

40/100
Moderate signal

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

SIGNALS
  • primaryFamily succession underway: Not a takeover target — MACGREGOR, Guy George Monce (same surname) appointed 2025-04-01. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 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.

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-03-24: certificate-change-of-name-company

Group structure

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

🏛️
Binn Group Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
BINN GROUP LIMITED
This company · SC223118

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
Binn Group Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

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
Incorporated2001-09-11
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

5 Atholl Crescent
Edinburgh
Midlothian
EH3 8EJ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-01
Last: 2025-08-18

Officers (7 active · 6 resigned)

GILLESPIE MACANDREW SECRETARIES LIMITED
corporate-secretary · appointed 2011-04-28
View their other companies + combined net worth →
Active
HARKINS, Brian
director · ~61y · appointed 2017-05-01
View their other companies + combined net worth →
Active
MACGREGOR, Allan
director · ~57y · appointed 2001-09-11
View their other companies + combined net worth →
Active
MACGREGOR, Guy George Monce
director · ~28y · appointed 2025-04-01
View their other companies + combined net worth →
Active
MACGREGOR, John Merchant
director · ~81y · appointed 2001-09-11
View their other companies + combined net worth →
Active
MORRISON, Irvine John
director · ~47y · appointed 2025-02-11
View their other companies + combined net worth →
Active
SANDERSON, David Duncan
director · ~52y · appointed 2015-12-11
View their other companies + combined net worth →
Active
1924 NOMINEES LIMITED
corporate-secretary · appointed 2008-12-17 · resigned 2011-04-28
Resigned
ABL (SECRETARIES) LIMITED
corporate-secretary · appointed 2001-09-11 · resigned 2008-12-17
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2001-09-11 · resigned 2001-09-11
Resigned
KING, Allan Duncan
director · ~65y · appointed 2001-09-11 · resigned 2004-11-01
Resigned
KING, Allan Gilbert
director · ~91y · appointed 2001-09-11 · resigned 2004-11-01
Resigned
JORDANS (SCOTLAND) LIMITED
corporate-nominee-director · appointed 2001-09-11 · resigned 2001-09-11
Resigned

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

Mortgages & charges

7
Total charges
2
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
satisfied
HSBC
Hsbc Bank PLC
A registered charge1 property27/07/201609/01/2024
outstanding
HSBC
Hsbc Bank PLC
A registered charge01/04/2016
outstanding
HSBC
Hsbc Invoice Finance (UK) LTD
A registered charge14/03/2016
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property28/02/201126/01/2017
satisfied
Sita UK
Sita UK Limited
Standard security1 property13/10/200621/04/2016
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property11/01/200226/01/2017
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property21/11/200110/05/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (98 total)

accounts-with-accounts-type-medium
accounts · AA
2025-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-29
appoint-person-director-company-with-name-date
officers · AP01
2025-04-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-03-27
certificate-change-of-name-company
change-of-name · CERTNM
2025-03-24
resolution
resolution · RESOLUTIONS
2025-03-24
appoint-person-director-company-with-name-date
officers · AP01
2025-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-29
accounts-with-accounts-type-full
accounts · AA
2024-08-27
mortgage-satisfy-charge-full
mortgage · MR04
2024-01-09
accounts-with-accounts-type-full
accounts · AA
2023-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-18
accounts-with-accounts-type-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-18
accounts-with-accounts-type-full
accounts · AA
2022-03-04