B2 PROJECTS LTD.

🏛️Establishedactive
SC685758 · ltd · incorporated 2021-01-12
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 3.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£683.8k
book net assets
Opportunity
73/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 3.4y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Charge age ~3.4 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
29 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
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £683,808
Cash YoY
+28%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£303k
↑ 28% YoY
Net Worth
£684k
↑ 24% YoY
Current Assets
£856k
↑ 15% YoY
Current Liabilities
—
£0£171k£342k£513k£684k£856kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Total assets£751.3k£637.7k
Current assets£855.6k£742.3k
Cash£303.4k£236.3k
Debtors£505.2k£460.6k
Net assets£683.8k£550.5k

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

🔒Filing-note intelligence

2 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 (25 events)Click to expand
  1. 2025-07-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-07-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-07-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-07-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-07-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2023-11-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-11-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2023-11-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-11-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2023-11-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2023-06-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2023-02-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2023-01-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2023-01-09
    🔒
    Charge registered #1
    Lender: Barclays Security Trustee Limited
  16. 2022-07-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2021-04-28
    📄
    capital-allotment-shares
    capital · SH01
  18. 2021-02-11
    ➕
    CONNELLY, Brian Kirson appointed
    director
  19. 2021-02-11
    ➕
    WILKIE, Bryan Hugh appointed
    director
  20. 2021-02-11
    ➖
    CONNELLY, Leigh Ann resigned
    director
  21. 2021-02-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  22. 2021-02-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  23. 2021-02-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  24. 2021-01-12
    🏢
    Company incorporated
    As B2 PROJECTS LTD.
  25. 2021-01-12
    ➕
    CONNELLY, Leigh Ann appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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
NameSharesVoting rightsNature of controlNotified
Mr Brian Kirson Connelly
Individual · British · DOB 10/1989 · age 37
25–50%
25–50%25-50% shares · 25-50% voting11/02/2021
Mr Bryan Hugh Wilkie
Individual · British · DOB 11/1980 · age 46
25–50%
25–50%25-50% shares · 25-50% voting11/02/2021
1 historic (ceased) PSC
  • Mrs Leigh Ann Connellyceased 11/02/2021· 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 · Construction · ML postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
STARFISH 9 LTD→
SC358097 · est 2009
£28.53M
£20.38M–£36.68M
£26.35M—550017y9568y
ADVANCE FLOORING SOLUTIONS LTD→
SC492317 · est 2014
£3.21M
£2.29M–£4.12M
——2511y8358y
LINEAR DESIGN AND CONSTRUCT LIMITED→
SC607605 · est 2018
£3.13M
£2.23M–£4.02M
——34007y8359y
A.C. ELECTRICS (CLELAND) LTD.→
SC269237 · est 2004
————21y8362y
ADVANCE CONSTRUCTION (SCOTLAND) LIMITED→
SC202570 · est 1999 · no financials extracted
————26y8368y
ADVANCE UTILITIES (SCOTLAND) LTD→
SC157842 · est 1995
———5331y8368y
BRANNOCK DECORATORS LTD.→
SC218053 · est 2001
——£419.3k—25y8363y
INTERNOS BUILDERS LTD.→
SC215428 · est 2001
——£306.4k—25y8382y
JMS PLANT HIRE LIMITED→
SC191902 · est 1998 · no financials extracted
————27y8368y
MAQ (AIR CONDITIONING) LIMITED→
SC314817 · est 2007
——£307.9k—19y8370y
RSD GLASS WORKS LIMITED→
SC282519 · est 2005
——£78.6k—21y8366y
SPECTRUM DECORATING LTD.→
SC172495 · est 1997
——£222.7k—29y8366y
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
Incorporated2021-01-12
Jurisdictionscotland
Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

20 Anderson Street
Airdrie
ML6 0AA
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-07-28
Last: 2025-07-14

Officers (2 active · 1 resigned)

CONNELLY, Brian Kirson→
director · ~37y · appointed 2021-02-11
View their other companies + combined net worth →
Active
WILKIE, Bryan Hugh→
director · ~46y · appointed 2021-02-11
View their other companies + combined net worth →
Active
CONNELLY, Leigh Ann→
director · ~38y · appointed 2021-01-12 · resigned 2021-02-11
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge—09/01/2023—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (29 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-31
change-person-director-company-with-change-date
officers · CH01
2024-07-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-25
change-person-director-company-with-change-date
officers · CH01
2024-07-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-23
change-person-director-company-with-change-date
officers · CH01
2023-11-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-22
change-person-director-company-with-change-date
officers · CH01
2023-11-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-11-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-01