BLACKFRIARS RADIO LIMITED

🌳Matureactive
00647299 · ltd · incorporated 1960-01-18
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.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (93/100, director aged 69). 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 (65/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 35.0y

35/100
too messy

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

  • · Oldest live charge is 35.0 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
126 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Average employees2200

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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-01-18
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  4. 2024-01-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2024-01-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2024-01-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2024-01-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2024-01-16
    🔓
    Charge satisfied #4
  9. 2024-01-16
    🔓
    Charge satisfied #3
  10. 2024-01-16
    🔓
    Charge satisfied #2
  11. 2024-01-16
    🔓
    Charge satisfied #1
  12. 2023-10-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2022-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2021-12-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-03-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2021-02-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  17. 2021-02-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2020-02-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2019-12-20
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  20. 2019-02-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2018-12-20
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  22. 1999-07-19
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  23. 1999-04-29
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  24. 1993-09-01
    🔒
    Charge registered #2
    Lender: Lloyds Bank PLC
  25. 1991-06-20
    🔒
    Charge registered #1
    Lender: Eagle Star Assurance Company Limited
  26. 1991-05-30
    LYNNE, Russell Stephen appointed
    secretary
  27. 1991-05-30
    LYNNE, Mark Jeremy appointed
    director
  28. 1991-05-30
    LYNNE, Russell Stephen appointed
    director
  29. 1960-01-18
    🏢
    Company incorporated
    As BLACKFRIARS RADIO LIMITED

Owner dependency

91/100
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.
  • +Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 66 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • 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
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Lynne Radio Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Lynne Radio Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
BLACKFRIARS RADIO LIMITED
This company · 00647299

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
Lynne Radio 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
Incorporated1960-01-18
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

C/O Sobell Rhodes Llp The Kinetic Centre
Theobald Street
Elstree, Borehamwood
Hertfordshire
WD6 4PJ
United Kingdom

Filing status

Accounts
Next due: 2026-12-25
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-25
Last: 2026-01-11

Officers (3 active · 0 resigned)

LYNNE, Russell Stephen
secretary · appointed 1991-05-30
View their other companies + combined net worth →
Active
LYNNE, Mark Jeremy
director · ~67y · appointed 1991-05-30
View their other companies + combined net worth →
Active
LYNNE, Russell Stephen
director · ~69y · appointed 1991-05-30
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property19/07/199916/01/2024
satisfied
Barclays
Barclays Bank PLC
Guarantee & debenture1 property29/04/199916/01/2024
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Mortgage3 properties01/09/199316/01/2024
satisfied
Eagle Star Assurance Company
Eagle Star Assurance Company Limited
Mortgage1 property20/06/199116/01/2024

Recent filings (126 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-13
change-sail-address-company-with-old-address-new-address
address · AD02
2024-01-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-17
mortgage-satisfy-charge-full
mortgage · MR04
2024-01-16
mortgage-satisfy-charge-full
mortgage · MR04
2024-01-16
mortgage-satisfy-charge-full
mortgage · MR04
2024-01-16
mortgage-satisfy-charge-full
mortgage · MR04
2024-01-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-13
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-15