BARNES & MULLINS LIMITED
🌳Matureactive
01305000 · ltd · incorporated 1977-03-25
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 Dec 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 32200
Sector: Manufacturing
ALSO REGISTERED FOR
- 46491Wholesale of musical instruments
Investor take
PursueStrong opportunity: leverage-led grower with strong profile and acceptable with review structure.
Opportunity 79/100 (strong), bankability 57/100. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (57/100).
🏦
Refinance opportunity
11 live charges · 6 lenders · oldest 36.9y
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 36.9 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
16 officers (5 active, 16 linked, 11 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
160 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒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
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.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £853,099
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Profit before tax | £853.1k | £940.2k |
| Average employees | 3800 | 3900 |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (60 events)Click to expand
- 2025-08-21📄accounts-with-accounts-type-fullaccounts · AA
- 2025-04-02📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2024-06-24📄accounts-with-accounts-type-fullaccounts · AA
- 2023-07-07📄accounts-amended-with-accounts-type-fullaccounts · AAMD
- 2023-06-23📄accounts-with-accounts-type-fullaccounts · AA
- 2023-03-16📄change-person-director-company-with-change-dateofficers · CH01
- 2022-06-15📄accounts-with-accounts-type-fullaccounts · AA
- 2022-03-09📄change-person-director-company-with-change-dateofficers · CH01
- 2021-11-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-25➖PERRIN, Sidney Bruce resigneddirector
- 2021-07-09📄accounts-with-accounts-type-fullaccounts · AA
- 2021-02-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-02-20🔓Charge satisfied #7
- 2020-11-11📄accounts-with-accounts-type-fullaccounts · AA
- 2019-07-18📄accounts-with-accounts-type-fullaccounts · AA
- 2019-03-05📄change-person-director-company-with-change-dateofficers · CH01
- 2019-03-05📄change-person-director-company-with-change-dateofficers · CH01
- 2018-11-20📄change-person-director-company-with-change-dateofficers · CH01
- 2018-09-26📄accounts-with-accounts-type-fullaccounts · AA
- 2018-04-01➕FINLEY, Stephen James appointeddirector
- 2018-04-01➕LEWIS, Sarah appointeddirector
- 2018-04-01➕MEW, Alexander Ross appointeddirector
- 2018-04-01➕TICHOPAD, Gary John appointeddirector
- 2014-12-31➖GOLDER, Sally Anne resignedsecretary
- 2011-03-16🔒Charge registered #11Lender: Hsbc Bank PLC
- 2011-02-07🔓Charge satisfied #8
- 2011-02-07🔓Charge satisfied #6
- 2011-02-07🔓Charge satisfied #4
- 2011-02-07🔓Charge satisfied #2
- 2011-02-07🔓Charge satisfied #1
- 2010-02-08🔒Charge registered #10Lender: Hsbc Invoice Finance (UK) Limited (the Security Holder)
- 2010-02-02🔒Charge registered #9Lender: Hsbc Bank PLC
- 2009-07-02➕CLEARY, Brian Michael appointeddirector
- 2009-07-02➕GOLDER, Sally Anne appointedsecretary
- 2009-07-02➖PERRIN, Sidney Bruce resignedsecretary
- 2009-07-02➖HILL, Matthew Charles resigneddirector
- 2009-03-12🔓Charge satisfied #5
- 2007-10-31➖CLEARY, Brian resigneddirector
- 2007-10-17➖GOLDER, Sally Anne resignedsecretary
- 2007-10-17➕PERRIN, Sidney Bruce appointedsecretary
- 2002-02-01🔒Charge registered #8Lender: Brian Cleary
- 2001-03-30➕CLEARY, Brian appointeddirector
- 2001-03-30➖DERGES, David Eric resigneddirector
- 2000-04-01➕GOLDER, Sally Anne appointedsecretary
- 2000-03-31➖FOWLER, Sandra Elizabeth resignedsecretary
- 1999-11-30🔒Charge registered #7Lender: Hsbc Bank PLC
- 1999-11-30🔒Charge registered #6Lender: J Ross Developments Limited
- 1999-11-30🔒Charge registered #5Lender: J Ross Developments Limited
- 1999-09-21🔒Charge registered #4Lender: Midland Bank PLC
- 1999-06-30➖FOWLER, Sandra Elizabeth resigneddirector
Showing most recent 50 of 60 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
73/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 49 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Troubadour Investments Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Troubadour Investments Limited
Corporate parent · holds 75-100% shares · board control
⬇
BARNES & MULLINS LIMITED
This company · 01305000
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 |
|---|---|---|---|---|
Troubadour Investments Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 07/10/2016 |
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 · Manufacturing · SY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A.R. MANLEY & SON LIMITED→ 13091520 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ARCTICFOX ADAPTIVE LTD→ 13195925 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ART BAGS LTD→ 15049160 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ATHERTON BIKES LIMITED→ 11205194 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| AUTOGYRO CERTIFICATION LTD→ 05486550 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| AUTOGYRO UK LTD→ 11338177 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AUTOMATED CUTTING ROOM SERVICES LIMITED→ 03411149 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| AUTOSTITCH TRADERS LTD→ 15834890 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AVENUE FOUR LIMITED→ 08336343 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| B.A.GOUGH EQUIPMENT LIMITED→ 00832770 · est 1964 · no financials extracted | — | — | — | — | 61y | — | — |
| BAPTISTRYUK LTD→ 07635375 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| BARRE CONSTRUCTION LIMITED→ 15755961 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated1977-03-25
Jurisdictionengland-wales
Primary SIC32200 — SIC 32200
Registered office
Unit 14 Mile Oak Industrial
Estate Maesbury Road
Oswestry
Shropshire
SY10 8GA
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-16
Last: 2026-03-02
Officers (5 active · 11 resigned)
CLEARY, Brian Michael→
Activedirector · ~63y · appointed 2009-07-02
View their other companies + combined net worth →
FINLEY, Stephen James→
Activedirector · ~44y · appointed 2018-04-01
View their other companies + combined net worth →
LEWIS, Sarah→
Activedirector · ~56y · appointed 2018-04-01
View their other companies + combined net worth →
MEW, Alexander Ross→
Activedirector · ~50y · appointed 2018-04-01
View their other companies + combined net worth →
TICHOPAD, Gary John→
Activedirector · ~43y · appointed 2018-04-01
View their other companies + combined net worth →
FOWLER, Sandra Elizabeth→
Resignedsecretary · appointed 1992-01-14 · resigned 2000-03-31
GOLDER, Sally Anne→
Resignedsecretary · appointed 2009-07-02 · resigned 2014-12-31
GOLDER, Sally Anne→
Resignedsecretary · appointed 2000-04-01 · resigned 2007-10-17
GOLDER, Stephen Peter→
Resignedsecretary · resigned 1992-01-14
PERRIN, Sidney Bruce→
Resignedsecretary · appointed 2007-10-17 · resigned 2009-07-02
CLEARY, Brian→
Resigneddirector · ~63y · appointed 2001-03-30 · resigned 2007-10-31
DERGES, David Eric→
Resigneddirector · ~78y · appointed 1998-09-11 · resigned 2001-03-30
FOWLER, Sandra Elizabeth→
Resigneddirector · ~79y · appointed 1996-02-19 · resigned 1999-06-30
GOLDER, Stephen Peter→
Resigneddirector · ~78y · resigned 1996-03-29
HILL, Matthew Charles→
Resigneddirector · ~63y · appointed 1998-03-24 · resigned 2009-07-02
PERRIN, Sidney Bruce→
Resigneddirector · ~77y · resigned 2021-10-25
Click a director name to see their full track record across all companies.
Mortgages & charges
11
Total charges
4
Outstanding
2
Active lenders
Status:Lender:11 of 11 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 16/03/2011 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) Limited (the Security Holder) | Floating charge (all assets) | 1 property | 08/02/2010 | — | |
| outstanding | HSBC Hsbc Bank PLC | Legal assignment | 1 property | 02/02/2010 | — | |
| satisfied | Brian Cleary | Legal charge | 1 property | 01/02/2002 | 07/02/2011 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 30/11/1999 | 20/02/2021 | |
| satisfied | J Ross Developments J Ross Developments Limited | Legal charge | 1 property | 30/11/1999 | 07/02/2011 | |
| satisfied | J Ross Developments J Ross Developments Limited | Legal charge | 1 property | 30/11/1999 | 12/03/2009 | |
| satisfied | Midland Bank Midland Bank PLC | Legal mortgage | 1 property | 21/09/1999 | 07/02/2011 | |
| outstanding | Griffin Credit Services Griffin Credit Services Limited | Fixed charge on purchased debts which fail to vest | 1 property | 26/04/1999 | — | |
| satisfied | Midland Bank Midland Bank PLC | Debenture | 1 property | 21/05/1998 | 07/02/2011 | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 01/08/1989 | 07/02/2011 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (160 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-17
accounts-with-accounts-type-full
accounts · AA
2025-08-21
change-sail-address-company-with-old-address-new-address
address · AD02
2025-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-01
accounts-with-accounts-type-full
accounts · AA
2024-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-04
accounts-amended-with-accounts-type-full
accounts · AAMD
2023-07-07
accounts-with-accounts-type-full
accounts · AA
2023-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-16
change-person-director-company-with-change-date
officers · CH01
2023-03-16
accounts-with-accounts-type-full
accounts · AA
2022-06-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-09
change-person-director-company-with-change-date
officers · CH01
2022-03-09
termination-director-company-with-name-termination-date
officers · TM01
2021-11-26
accounts-with-accounts-type-full
accounts · AA
2021-07-09