BONINGALE LIMITED

🌳Matureactive
00651044 · ltd · incorporated 1960-03-01
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 Jun 2024
Net worth
book net assets
Opportunity
65/100
Strong
🔔
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What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
ALSO REGISTERED FOR
  • 43999Other specialised construction activities n.e.c.
  • 46220SIC 46220
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 65/100 (strong), bankability 37/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (45/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

19 live charges · 9 lenders · oldest 61.2y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 61.2 years old — likely at or near maturity.
  • · 9 lenders named — inter-creditor friction likely.
  • · Legal-friction score 55/100 (high).

Data confidence

Overall: medium (72/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
19 charges (19/19 with lender, 19/19 with type)
90
Directors & officers
26 officers (3 active, 26 linked, 20 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
251 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
56
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-06-30
Average employees6600

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
2
filings
  • 1 mortgage
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (99 events)Click to expand
  1. 2026-04-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-04-14
    🔓
    Charge satisfied #13
  3. 2026-02-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-01-31
    NEWMAN, Philip John resigned
    director
  5. 2025-11-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2025-10-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  7. 2025-10-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  8. 2025-09-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2025-09-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2025-09-24
    🔓
    Charge satisfied #15
  11. 2025-09-24
    🔓
    Charge satisfied #11
  12. 2025-07-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2025-07-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2025-07-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2025-07-17
    🔓
    Charge satisfied #18
  16. 2025-07-17
    🔓
    Charge satisfied #17
  17. 2025-07-17
    🔓
    Charge satisfied #16
  18. 2025-06-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  19. 2025-01-21
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2025-01-21
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2025-01-21
    📄
    memorandum-articles
    incorporation · MA
  22. 2025-01-21
    📄
    memorandum-articles
    incorporation · MA
  23. 2025-01-21
    📄
    capital-allotment-shares
    capital · SH01
  24. 2024-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2024-06-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  26. 2024-04-17
    📄
    mortgage-charge-part-both-with-charge-number
    mortgage · MR05
  27. 2024-04-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  28. 2024-04-02
    🔒
    Charge registered #19
    Lender: Hsbc UK Bank PLC
  29. 2024-03-27
    📄
    mortgage-charge-part-both-with-charge-number
    mortgage · MR05
  30. 2023-11-22
    CATELLA, Kersten resigned
    director
  31. 2023-11-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  32. 2023-11-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  33. 2023-11-22
    🔒
    Charge registered #18
    Lender: One Stop Business Finance Spv Limited
  34. 2023-07-06
    🔓
    Charge satisfied #14
  35. 2023-07-05
    PLANT MARKET UK LIMITED appointed
    corporate-director
  36. 2023-07-05
    EDWARDS, Penelope Margaret resigned
    director
  37. 2023-07-05
    EDWARDS, Timothy Charles Tom resigned
    director
  38. 2023-06-30
    EDWARDS, Helen Louise resigned
    director
  39. 2023-03-14
    🔒
    Charge registered #17
    Lender: One Stop Business Finance Spv Limited
  40. 2023-03-14
    🔒
    Charge registered #16
    Lender: One Stop Business Finance Spv Limited
  41. 2023-03-06
    TEAGUE, James Edward resigned
    director
  42. 2022-02-22
    CATELLA, Kersten appointed
    director
  43. 2021-10-14
    TEAGUE, James Edward appointed
    director
  44. 2021-08-31
    MARFLEET, Kevin Roy resigned
    director
  45. 2020-12-02
    NEWMAN, Philip John appointed
    director
  46. 2019-10-01
    KING, Jeremy appointed
    director
  47. 2019-05-09
    EDWARDS, Helen Louise resigned
    secretary
  48. 2019-04-29
    SANDFORD, Frank Matthew resigned
    director
  49. 2018-09-18
    BOURTON, Andrew Graham resigned
    director
  50. 2018-09-18
    MATHUR, Jonathan Chandra resigned
    director
Showing most recent 50 of 99 events

Owner dependency

83/100
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
  • +Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 66 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-06-30

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.

6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Plant Market Uk Limited holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️
Plant Market Uk Limited
Corporate parent · holds 50-75% shares · board control
majority
BONINGALE LIMITED
This company · 00651044

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Plant Market Uk Limited
Corporate entity
5075%
50–75%board control50-75% shares · 50-75% voting · board control05/07/2023
2 historic (ceased) PSCs
  • Mr Timothy Charles Tom Edwardsceased 05/07/2023· 50-75% shares · 50-75% voting · board control
  • Ms Penelope Margaret Edwardsceased 05/07/2023· 25-50% shares · 25-50% 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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated1960-03-01
Jurisdictionengland-wales
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

Boningale Nurseries
Holyhead Road
Albrighton, Wolverhampton
West Midlands
WV7 3AT

Filing status

Accounts
Next due: 2026-06-30OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-10-25
Last: 2025-10-11

Officers (3 active · 23 resigned)

FRYER, Penelope Malkin
director · ~64y · appointed 2009-09-11
View their other companies + combined net worth →
Active
KING, Jeremy
director · ~48y · appointed 2019-10-01
View their other companies + combined net worth →
Active
PLANT MARKET UK LIMITED
corporate-director · appointed 2023-07-05
View their other companies + combined net worth →
Active
EDWARDS, Helen Louise
secretary · appointed 2016-11-11 · resigned 2019-05-09
Resigned
EDWARDS, Patricia Margaret
secretary · appointed 1997-07-30 · resigned 2004-07-28
Resigned
GOODEN, Penelope
secretary · appointed 2004-07-29 · resigned 2006-04-01
Resigned
MOTT, Matthew William
secretary · appointed 2006-04-01 · resigned 2009-09-01
Resigned
SMOUT, Douglas Graham
secretary · resigned 1997-07-31
Resigned
BLOTT, Clifford Gordon
director · ~92y · resigned 2009-09-14
Resigned
BOURTON, Andrew Graham
director · ~59y · appointed 2012-10-01 · resigned 2018-09-18
Resigned
CATELLA, Kersten
director · ~49y · appointed 2022-02-22 · resigned 2023-11-22
Resigned
DIAMOND, Anthony Richard
director · ~60y · appointed 2003-08-01 · resigned 2016-11-11
Resigned
EDWARDS, Helen Louise
director · ~61y · appointed 1999-07-20 · resigned 2023-06-30
Resigned
EDWARDS, Nicholas Michael
director · ~65y · resigned 1998-11-19
Resigned
EDWARDS, Patricia Margaret
director · ~92y · resigned 2009-09-23
Resigned
EDWARDS, Penelope Margaret
director · ~61y · appointed 2004-04-06 · resigned 2023-07-05
Resigned
EDWARDS, Timothy Charles Tom
director · ~64y · resigned 2023-07-05
Resigned
MARFLEET, Kevin Roy
director · ~70y · appointed 2018-09-03 · resigned 2021-08-31
Resigned
MATHUR, Jonathan Chandra
director · ~55y · appointed 2003-08-01 · resigned 2018-09-18
Resigned
MOTT, Matthew William
director · ~62y · appointed 1999-03-09 · resigned 2016-01-31
Resigned

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

Mortgages & charges

19
Total charges
6
Outstanding
3
Active lenders
Status:Lender:19 of 19 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property02/04/2024
satisfied
One Stop Business Finance Spv
One Stop Business Finance Spv Limited
A registered charge1 property22/11/202317/07/2025
satisfied
One Stop Business Finance Spv
One Stop Business Finance Spv Limited
A registered charge3 properties14/03/202317/07/2025
satisfied
One Stop Business Finance Spv
One Stop Business Finance Spv Limited
A registered charge4 properties14/03/202317/07/2025
satisfied
HSBC
Hsbc Bank PLC
A registered charge1 property03/02/201424/09/2025
satisfied
Timothy Edwards, Patricia Edwards, Penelope Gooden and Suntrust as Trustees of the Boningale Pension Plan
Timothy Edwards, Patricia Edwards, Penelope Gooden and Suntrust Limited as Trustees of the Boningale Limited Pension Plan
Legal charge1 property03/12/201206/07/2023
satisfied
HSBC
Hsbc Bank PLC
Legal assignment1 property05/05/201114/04/2026
outstanding
HSBC
Hsbc Invoice Finance (UK) LTD (the Security Holder)
Fixed charge on non-vesting debts and floating charge1 property12/10/2009
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property25/10/1999
satisfied
HSBC
Hsbc Bank PLC
Legal mortgage1 property13/10/199924/09/2025
satisfied
Alex Lawrie Receivables Financing
Alex Lawrie Receivables Financing Limited
First fixed and floating charge1 property15/01/199714/10/2008
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Mortgage1 property28/11/199414/10/2008
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Single debenture1 property01/02/199114/10/2008
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Legal mortgage1 property11/04/198814/10/2008
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Legal mortgage1 property11/04/198818/11/1997
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Legal charge1 property11/04/198818/11/1997
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property30/12/1982
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property23/02/1981
outstanding
Westminster Bank
Westminster Bank LTD
Letter of deposit with deeds1 property29/04/1965
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (251 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-04-14
termination-director-company-with-name-termination-date
officers · TM01
2026-02-02
accounts-with-accounts-type-small
accounts · AA
2025-11-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-10-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-10-14
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-24
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-24
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-17
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-17
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-17
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-06-26
resolution
resolution · RESOLUTIONS
2025-01-21
resolution
resolution · RESOLUTIONS
2025-01-21
memorandum-articles
incorporation · MA
2025-01-21