BFG (HOLDINGS) LIMITED
🏛️Establishedactive
SC594895 · ltd · incorporated 2018-04-20
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 7.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 7.9y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 7.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (61/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 6 with DOB)
87
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
- 2025-09-23📄accounts-with-accounts-type-groupaccounts · AA
- 2025-05-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-05-09🔓Charge satisfied #2
- 2024-12-06📄memorandum-articlesincorporation · MA
- 2024-11-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-11-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-11📄resolutionresolution · RESOLUTIONS
- 2024-09-20📄accounts-with-accounts-type-groupaccounts · AA
- 2024-01-08➕WOOD, Thomas appointeddirector
- 2024-01-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-30➖BOWIE, Allan Russell resigneddirector
- 2023-11-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-10-05📄accounts-with-accounts-type-groupaccounts · AA
- 2023-02-10📄accounts-with-accounts-type-groupaccounts · AA
- 2022-06-06➕BOWIE, Allan Russell appointeddirector
- 2022-06-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-06-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-06-03➖CLARK, Nicholas Rodger resigneddirector
- 2022-05-09📄memorandum-articlesincorporation · MA
- 2022-05-09📄resolutionresolution · RESOLUTIONS
- 2022-03-28📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2021-09-29📄resolutionresolution · RESOLUTIONS
- 2021-09-28📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2021-09-28📄legacycapital · SH20
- 2021-09-28⚠️legacyinsolvency · CAP-SS
- 2020-11-06➖HILL, Alan George resigneddirector
- 2020-11-02➕CLARK, Nicholas Rodger appointeddirector
- 2018-06-15🔒Charge registered #1Lender: Bank of Scotland PLC
- 2018-06-11➖GODFREY, Susan resignedsecretary
- 2018-06-11➖GODFREY, Susan Mary resigneddirector
- 2018-06-11🔒Charge registered #2Lender: Mrs Susan Mary Godfrey as Lender (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
- 2018-04-20🏢Company incorporatedAs BFG (HOLDINGS) LIMITED
- 2018-04-20➕GODFREY, Wayne appointeddirector
- 2018-04-20➕GODFREY, Susan appointedsecretary
- 2018-04-20➕GODFREY, Susan Mary appointeddirector
- 2018-04-20➕HILL, Alan George appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2021-09-28: legacy
Group structure
Browns Food Group Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Browns Food Group Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
BFG (HOLDINGS) LIMITED
This company · SC594895
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 |
|---|---|---|---|---|
Browns Food Group Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 29/10/2024 |
3 historic (ceased) PSCs
- Mr Wayne Godfreyceased 29/10/2024· 25-50% shares · 25-50% voting
- Susan Godfreyceased 13/07/2018· 25-50% shares · 25-50% voting
- Mr Wayne Godfreyceased 24/04/2018· 75-100% shares · 75-100% voting · 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 · Professional services · DG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DAVIDSON THORBURN CONSULTING LIMITED→ SC334834 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| DEVORGILLA PROJECTS LIMITED→ SC692965 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| EASY READ FOR YOU CIC→ SC764647 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| EXSAR CONSULTING LIMITED→ SC246463 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| FIRTH VETERINARY CENTRE LIMITED→ SC461618 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| G HENDERSON ENGINEERING LTD→ SC849448 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GALLOWAY VETS LIMITED→ SC537595 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| GAVIN BELL MECHANICAL ENGINEERING LIMITED→ SC606727 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| GEOMACSTRACKS LIMITED→ SC626635 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| GF1 INVESTMENTS (HOLDINGS) LIMITED→ SC595513 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| GF2 INVESTMENTS LIMITED→ SC638842 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| GM MARINE LIMITED→ SC384029 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
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
Incorporated2018-04-20
Jurisdictionscotland
Primary SIC70100 — Activities of head offices
Registered office
Kelloholm Industrial Estate
Greystone Avenue
Kelloholm
DG4 6RB
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-22
Last: 2026-03-08
Officers (2 active · 5 resigned)
GODFREY, Wayne→
Activedirector · ~55y · appointed 2018-04-20
View their other companies + combined net worth →
WOOD, Thomas→
Activedirector · ~62y · appointed 2024-01-08
View their other companies + combined net worth →
GODFREY, Susan→
Resignedsecretary · appointed 2018-04-20 · resigned 2018-06-11
BOWIE, Allan Russell→
Resigneddirector · ~62y · appointed 2022-06-06 · resigned 2023-11-30
CLARK, Nicholas Rodger→
Resigneddirector · ~57y · appointed 2020-11-02 · resigned 2022-06-03
GODFREY, Susan Mary→
Resigneddirector · ~67y · appointed 2018-04-20 · resigned 2018-06-11
HILL, Alan George→
Resigneddirector · ~59y · appointed 2018-04-20 · resigned 2020-11-06
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 15/06/2018 | — | |
| satisfied | Mrs Susan Mary Godfrey as Lender (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01) | A registered charge | — | 11/06/2018 | 09/05/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (67 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-12
accounts-with-accounts-type-group
accounts · AA
2025-09-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-21
memorandum-articles
incorporation · MA
2024-12-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-11-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-11
resolution
resolution · RESOLUTIONS
2024-11-11
accounts-with-accounts-type-group
accounts · AA
2024-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-22
appoint-person-director-company-with-name-date
officers · AP01
2024-01-08
termination-director-company-with-name-termination-date
officers · TM01
2023-11-30
accounts-with-accounts-type-group
accounts · AA
2023-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-21
accounts-with-accounts-type-group
accounts · AA
2023-02-10