BILLINGTONS PROPERTIES LTD

🌳Matureactive

SC482992 · ltd · incorporated 2014-07-28

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.

Why now

Window steady · low confidence

Steady and tidy — no seller pressure yet. Approach only if an angle opens.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Oct 2024

Net worth

£27.6k

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Activities of other holding companies n.e.c.

Sector: Financial & insurance

Investor take

Pursue

Asset-holding vehicle with a 65-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -53% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 11.4y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 11.4 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (80/100)

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

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

2 connected companies via shared directors

Filing history

26 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £27,587

Cash draining

Cash down 53% YoY

Cash YoY

-53%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£6k

↓ 53% YoY

Net Worth

£28k

↑ 26% YoY

Current Assets

£91k

↓ 25% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-10-31	2023-10-31
Total assets	£27.6k	£21.9k
Current assets	£91.4k	£121.8k
Cash	£6.1k	£13.2k
Debtors	£85.3k	£108.6k
Net assets	£27.6k	£21.9k

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

🔒Filing-note intelligence

1 signal 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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (20 events)Click to expand

2025-07-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-07-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-07-31
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-06-21
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-07-31
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-07-09
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-06-23
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2015-04-09
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2015-03-30
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
2015-01-30
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2015-01-22
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2014-07-28
🏢
Company incorporated
As BILLINGTONS PROPERTIES LTD
2014-07-28
➕
BILLINGTON, Mark Douglas appointed
director
2014-07-28
➕
BILLINGTON, Susan Elizabeth appointed
director

Owner dependency

100/100

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.
+Founder name in company name: Company name contains director surname "BILLINGTON" — strong identity link between founder and business.
+Founder age: Director aged approximately 65 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

61/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Mark Douglas Billington Individual · British · DOB 09/1968 · age 58	25–50%	—	25-50% shares	06/04/2016
Mrs Susan Elizabeth Billington Individual · British · DOB 10/1961 · age 65	25–50%	—	25-50% 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 · Holding company · G postcode area

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ELLISLAND PROPERTIES LIMITED→ SC230498 · est 2002	£3.39M £2.88M–£3.89M	—	£3.39M	—	24y	82	72y
KCM HOLDINGS (SCOTLAND) LTD.→ SC378862 · est 2010	£1.97M £1.67M–£2.26M	—	£1.97M	—	16y	82	64y
SCOTWELD GROUP SERVICES LIMITED→ SC183317 · est 1998	£1.85M £1.58M–£2.13M	—	£1.85M	—	28y	83	74y
JACDAW HOLDINGS LIMITED→ SC389903 · est 2010	£1.13M £960.3k–£1.30M	—	£1.13M	—	15y	82	69y
COOLEY PROPERTIES LIMITED→ SC300204 · est 2006	£765.3k £650.5k–£880.1k	—	£765.3k	—	20y	82	72y
MOULDED FOAMS (SCOTLAND) LTD→ SC311076 · est 2006	£435.6k £370.2k–£500.9k	—	£435.6k	—	19y	83	62y
MMA GROUP LIMITED→ SC179750 · est 1997	£384.4k £326.8k–£442.1k	—	£384.4k	—	28y	82	64y
FLAGSHIP HOTELS LIMITED→ SC230503 · est 2002	£234.4k £199.2k–£269.5k	—	£234.4k	—	24y	82	72y
ALEX MURRAY HOLDINGS LIMITED→ SC286427 · est 2005	£87.4k £74.3k–£100.5k	—	£87.4k	—	20y	82	86y
C SPARKS ELECTRICAL LIMITED→ SC242376 · est 2003	£30.0k £25.5k–£34.5k	—	£30.0k	—	23y	82	63y
ST JOHNSTOUN PROPERTY COMPANY (PERTH) LIMITED→ SC032850 · est 1958	£22.5k £19.1k–£25.9k	—	£22.5k	—	68y	82	87y
R.A. WOTHERSPOON LIMITED→ SC030948 · est 1955	£16.1k £13.7k–£18.5k	—	£16.1k	—	70y	82	60y

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.

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Company details

Statusactive

Typeltd

Incorporated2014-07-28

Jurisdictionscotland

Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

25 Sandyford Place

Glasgow

G3 7NG

Filing status

Accounts

Next due: 2026-07-31

Last made up to: 2024-10-31

Confirmation statement

Next due: 2026-08-11

Last: 2025-07-28

Officers (2 active · 0 resigned)

BILLINGTON, Mark Douglas→

director · ~58y · appointed 2014-07-28

View their other companies + combined net worth →

Active

BILLINGTON, Susan Elizabeth→

director · ~65y · appointed 2014-07-28

View their other companies + combined net worth →

Active

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	A registered charge	1 property	30/03/2015	—
	outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	A registered charge	—	22/01/2015	—

Click column headers to sort. Use filters above to narrow by status and lender.