BALLACHREE LIMITED

⚰️Wound downliquidation
01360489 · ltd · incorporated 1978-03-30
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
year to Mar 2025
Net worth
£1.17M
book net assets
Opportunity
39/100
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What this business does
Primary activity: SIC 46720
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed low-transparency controlled group — structural issues outweigh the discount.

Opportunity 39/100 (watch), bankability 22/100. 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: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (90/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

7 live charges · 5 lenders · oldest 46.1y

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 46.1 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 55/100 (high).

Data confidence

Overall: medium (69/100)

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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
107 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
39/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
20
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1,171,267

Key financials

2 years extracted from filed iXBRL accounts
Cash
£40k
Net Worth
£1.2m
Current Assets
£824k
Current Liabilities
£0£234k£469k£703k£937k£1.2mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£1.30M
Current assets£824.3k
Cash£39.8k
Debtors£654.8k
Net assets£1.17M
Average employees1000

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
4
filings
  • 2 insolvency
  • 1 address
  • 1 resolution
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-04-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-04-13
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  3. 2026-04-13
    ⚠️
    liquidation-voluntary-declaration-of-solvency
    insolvency · LIQ01
  4. 2026-04-13
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2025-12-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2025-07-28
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  8. 2024-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-10-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-10-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-08-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-07-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-07-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-06-22
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  17. 2017-06-22
    📍
    change-sail-address-company-with-new-address
    address · AD02
  18. 1994-10-14
    🔒
    Charge registered #7
    Lender: Alex Lawrie Receivables Financing Limited
  19. 1991-09-29
    PIERSON, Ian Andrew resigned
    director
  20. 1989-06-29
    🔒
    Charge registered #6
    Lender: National Westminster Bank PLC
  21. 1989-06-29
    🔓
    Charge satisfied #4
  22. 1989-06-29
    🔓
    Charge satisfied #2
  23. 1989-06-26
    🔒
    Charge registered #5
    Lender: National Westminster Bank PLC
  24. 1988-07-29
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  25. 1986-10-28
    🔓
    Charge satisfied #3
  26. 1983-12-15
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  27. 1982-07-29
    🔒
    Charge registered #2
    Lender: Williams & Glyn's Bank PLC
  28. 1980-05-29
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  29. 1978-03-30
    🏢
    Company incorporated
    As BALLACHREE LIMITED

Owner dependency

81/100
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.
  • +Founder age: Director aged approximately 87 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 87 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 48 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

3 high · 1 med · 1 low
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-20

Company in liquidation
high

Company is actively being wound up. Not a going concern.

2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-04-13: liquidation-voluntary-appointment-of-liquidator; 2026-04-13: liquidation-voluntary-declaration-of-solvency

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.

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

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

12 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

Statusliquidation
Typeltd
Incorporated1978-03-30
Jurisdictionengland-wales
Primary SIC46720 — SIC 46720

Registered office

C/O Conselia Limited Dalton House
1 Hawksworth Street
Ilkley
West Yorkshire
LS29 9DU

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-20OVERDUE
Last: 2025-06-06

Officers (3 active · 1 resigned)

LEADBEATER, Julia Margaret
secretary
View their other companies + combined net worth →
Active
LEADBEATER, Julia Margaret
director · ~79y
View their other companies + combined net worth →
Active
LEADBEATER, Paul Nicholas
director · ~87y
View their other companies + combined net worth →
Active
PIERSON, Ian Andrew
director · ~60y · resigned 1991-09-29
Resigned

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

Mortgages & charges

7
Total charges
4
Outstanding
3
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
Alex Lawrie Receivables Financing
Alex Lawrie Receivables Financing Limited
First fixed charge1 property14/10/1994
outstanding
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property29/06/1989
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property26/06/1989
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property29/07/198829/06/1989
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property15/12/198328/10/1986
satisfied
Williams & Glyn's Bank
Williams & Glyn's Bank PLC
Debenture1 property29/07/198229/06/1989
outstanding
Barclays
Barclays Bank PLC
Debenture1 property29/05/1980
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (107 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-13
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2026-04-13
liquidation-voluntary-declaration-of-solvency
insolvency · LIQ01
2026-04-13
resolution
resolution · RESOLUTIONS
2026-04-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-28
change-sail-address-company-with-old-address-new-address
address · AD02
2025-07-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-06