BARR + WRAY HOLDINGS 2 LIMITED
🌳Matureactive
SC276252 · ltd · incorporated 2004-11-18
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 Sept 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 36000
Sector: Water supply & waste
Investor take
PursueStrong opportunity: conservative operator with strong profile and bankable structure.
Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (60/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 21.3y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 21.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 38/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: medium (75/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
16 officers (5 active, 16 linked, 12 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
129 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
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 102Profitable
Profit before tax £214,000
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 |
|---|---|
| Profit before tax | £214.0k |
| Average employees | 0 |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (53 events)Click to expand
- 2025-03-26📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-03-19📄accounts-with-accounts-type-fullaccounts · AA
- 2025-01-27📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-12-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-12-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-12-19📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2024-12-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-12-16🔓Charge satisfied #2
- 2024-12-05➕PEGGRAM, Samantha Jane appointeddirector
- 2024-12-05➕ROCK, Phillip Sebastian appointeddirector
- 2024-12-05➖BARTON, Derek resigneddirector
- 2024-12-05➖JOHNSON, Marion resigneddirector
- 2024-12-05➖MACDONALD, Alexander Alister resigneddirector
- 2024-12-05➖MCCLURE, Iain resigneddirector
- 2024-11-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-11-05🔓Charge satisfied #3
- 2024-09-12📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2024-09-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-09-02📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-16📄accounts-with-accounts-type-fullaccounts · AA
- 2023-03-14📄accounts-with-accounts-type-fullaccounts · AA
- 2022-03-30📄accounts-with-accounts-type-fullaccounts · AA
- 2021-05-18📄accounts-with-accounts-type-fullaccounts · AA
- 2019-10-22🔒Charge registered #3Lender: Alexander Alister Macdonald
- 2019-09-27➕KENNEDY, Lorne James appointeddirector
- 2019-09-27➕BARTON, Derek appointeddirector
- 2019-09-27➕JOHNSON, Marion appointeddirector
- 2019-09-27➕MCCLURE, Iain appointeddirector
- 2016-12-16➖GUNN, David resigneddirector
- 2015-11-20➖MACDONALD, Neil resigneddirector
- 2011-09-07🔓Charge satisfied #1
- 2011-08-26🔒Charge registered #2Lender: Hsbc Bank PLC
- 2007-12-31➖CAREY, Graeme Campbell resigneddirector
- 2005-06-30➖AITKEN, Robert Armour resigneddirector
- 2004-12-21➕MONTGOMERIE, Ian Morton appointeddirector
- 2004-12-21➕AITKEN, Robert Armour appointeddirector
- 2004-12-21➕CAREY, Graeme Campbell appointeddirector
- 2004-12-21➕GUNN, David appointeddirector
- 2004-12-21🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 2004-12-09➕MONTGOMERIE, Ian Morton appointedsecretary
- 2004-12-09➖MACLAY MURRAY & SPENS LLP resignedcorporate-nominee-secretary
- 2004-12-09➕MACDONALD, Alexander Alister appointeddirector
- 2004-12-09➕MACDONALD, Neil appointeddirector
- 2004-12-09➖VINDEX LIMITED resignedcorporate-nominee-director
- 2004-12-09➖VINDEX SERVICES LIMITED resignedcorporate-nominee-director
- 2004-11-18🏢Company incorporatedAs BARR + WRAY HOLDINGS 2 LIMITED
Showing most recent 50 of 53 events
Owner dependency
58/100
Moderate — manageable with handoverSome 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.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primary20+ year tenure: Director in role 21 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
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.
Group structure
Barr + Wray Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Barr + Wray Group Limited
Corporate parent · holds 75-100% shares · board control
⬇
BARR + WRAY HOLDINGS 2 LIMITED
This company · SC276252
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 |
|---|---|---|---|---|
Barr + Wray Group Limited Corporate entity | 75–100% | — | board control75-100% shares · board control | 21/10/2019 |
1 historic (ceased) PSC
- Mr Alexander Alister Macdonaldceased 21/10/2019· 50-75% shares · board control
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 · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ATLAS GREY ELECTRICS LIMITED→ SC851553 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AXION TERRA LTD→ SC876700 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BADABINS WASTE REMOVAL LIMITED→ SC883221 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BAILLIE WINDFARM LIMITED→ SC256692 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| BALNAMOON RENEWABLES LIMITED→ SC272029 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| BEE-CLEAR WASTE MANAGEMENT LIMITED→ SC773067 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BEEN DUMPED LIMITED→ SC790404 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BIG BATTERY (AIRD FARM) LIMITED→ SC722128 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BIG BATTERY (ENRIGG) LIMITED→ SC734734 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BIG BATTERY (FASNAKYLE) LIMITED→ SC739579 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BIG BATTERY (HOLMQUARRY ROAD) LIMITED→ SC722126 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BIG BATTERY (KERROW FARM) LIMITED→ SC734333 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2004-11-18
Jurisdictionscotland
Primary SIC36000 — SIC 36000
Registered office
1 Buccleuch Avenue
Hillington Park
Glasgow
G52 4NR
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-11
Last: 2025-09-27
Officers (5 active · 11 resigned)
MONTGOMERIE, Ian Morton→
Activesecretary · appointed 2004-12-09
View their other companies + combined net worth →
KENNEDY, Lorne James→
Activedirector · ~51y · appointed 2019-09-27
View their other companies + combined net worth →
MONTGOMERIE, Ian Morton→
Activedirector · ~59y · appointed 2004-12-21
View their other companies + combined net worth →
PEGGRAM, Samantha Jane→
Activedirector · ~48y · appointed 2024-12-05
View their other companies + combined net worth →
ROCK, Phillip Sebastian→
Activedirector · ~46y · appointed 2024-12-05
View their other companies + combined net worth →
MACLAY MURRAY & SPENS LLP→
Resignedcorporate-nominee-secretary · appointed 2004-11-18 · resigned 2004-12-09
AITKEN, Robert Armour→
Resigneddirector · ~83y · appointed 2004-12-21 · resigned 2005-06-30
BARTON, Derek→
Resigneddirector · ~52y · appointed 2019-09-27 · resigned 2024-12-05
CAREY, Graeme Campbell→
Resigneddirector · ~84y · appointed 2004-12-21 · resigned 2007-12-31
GUNN, David→
Resigneddirector · ~75y · appointed 2004-12-21 · resigned 2016-12-16
JOHNSON, Marion→
Resigneddirector · ~57y · appointed 2019-09-27 · resigned 2024-12-05
MACDONALD, Alexander Alister→
Resigneddirector · ~68y · appointed 2004-12-09 · resigned 2024-12-05
MACDONALD, Neil→
Resigneddirector · ~81y · appointed 2004-12-09 · resigned 2015-11-20
MCCLURE, Iain→
Resigneddirector · ~64y · appointed 2019-09-27 · resigned 2024-12-05
VINDEX LIMITED→
Resignedcorporate-nominee-director · appointed 2004-11-18 · resigned 2004-12-09
VINDEX SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 2004-11-18 · resigned 2004-12-09
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Alexander Alister Macdonald | A registered charge | — | 22/10/2019 | 05/11/2024 | |
| satisfied | HSBC Hsbc Bank PLC | Floating charge | 1 property | 26/08/2011 | 16/12/2024 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 21/12/2004 | 07/09/2011 |
Recent filings (129 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-02
change-account-reference-date-company-current-extended
accounts · AA01
2025-03-26
accounts-with-accounts-type-full
accounts · AA
2025-03-19
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-01-27
termination-director-company-with-name-termination-date
officers · TM01
2024-12-19
termination-director-company-with-name-termination-date
officers · TM01
2024-12-19
termination-director-company-with-name-termination-date
officers · TM01
2024-12-19
termination-director-company-with-name-termination-date
officers · TM01
2024-12-19
appoint-person-director-company-with-name-date
officers · AP01
2024-12-19
appoint-person-director-company-with-name-date
officers · AP01
2024-12-19
change-account-reference-date-company-current-extended
accounts · AA01
2024-12-19
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-16
mortgage-satisfy-charge-full
mortgage · MR04
2024-11-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-09
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-09-12