ALLAN BINKS TIMBER LIMITED
🌳Matureactive
01738325 · ltd · incorporated 1983-07-11
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 Dec 2024
Net worth
£906.4k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 46730
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 61-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (65/100, director aged 61). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 42.8y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 42.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (77/100)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
7 officers (3 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
99 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 · accounting standard not declaredPositive net assets
Net assets £906,429
Net assets shrinking
Down £22,900 YoY
Cash YoY
-18%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£170k
↓ 18% YoY
Net Worth
£906k
↓ 2.5% YoY
Current Assets
£1.0m
↑ 8.0% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £1.03M | £1.02M |
| Current assets | £1.01M | £938.6k |
| Cash | £170.3k | £208.6k |
| Debtors | £497.8k | £395.2k |
| Net assets | £906.4k | £929.3k |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2025-06-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-03🔓Charge satisfied #3
- 2025-01-03🔓Charge satisfied #2
- 2025-01-03🔓Charge satisfied #1
- 2024-05-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-19➕REET, Thomas Robert appointeddirector
- 2021-07-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-05-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-05-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-02-20➕HARRISON-BINKS, Karen Francis appointedsecretary
- 2018-02-20➖BINKS, Janet resignedsecretary
- 2018-02-20➖BINKS, Janet resigneddirector
- 2018-02-20📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2018-02-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-02-20📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2015-02-10🔒Charge registered #4Lender: Close Brothers Limited (The "Security Trustee")
- 2005-08-10➖PORTER, Richard resigneddirector
- 2003-09-20➖BINKS, Allan Harry Edward resigneddirector
- 1997-01-01➕PORTER, Richard appointeddirector
- 1989-05-16🔒Charge registered #3Lender: Barclays Bank PLC
- 1987-03-26🔒Charge registered #2Lender: Barclays Bank PLC
- 1983-08-01🔒Charge registered #1Lender: Barclays Bank PLC
- 1983-07-11🏢Company incorporatedAs ALLAN BINKS TIMBER LIMITED
Owner dependency
81/100
Critical — business is the founderThe 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 name in company name: Company name contains director surname "BINKS" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 43 years old and no new directors in the last 3 years — succession not yet being planned internally.
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.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard Neil Binks Individual · British · DOB 02/1965 · age 61 | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · YO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & A EMERALD DISTRIBUTIONS LTD→ 16111505 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A. THORNE & CO. LIMITED→ 01035921 · est 1971 · no financials extracted | — | — | — | — | 54y | — | — |
| ABC ELECTRONICS LIMITED→ 05150382 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ABRA-WELD LIMITED→ 16246887 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABSOLUTE SALES AND PURCHASING LTD→ 10532713 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ACE OF PENTACLES LTD→ 16225136 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AGRI SILO LTD→ 14305733 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AGRI-PLANT SALES LIMITED→ 16727710 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AL TIMEPIECES LIMITED→ 13836762 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ALL SEASONS WHOLESALE LIMITED→ 08170098 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ALL STEELS (SCUNTHORPE) LTD→ 14588415 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALTIA ESTATES (NOTT) LIMITED→ 13871130 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated1983-07-11
Jurisdictionengland-wales
Primary SIC46730 — SIC 46730
Registered office
Catfoss Lane
Brandesburton
Driffield
East Yorkshire
YO25 8EJ
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-14
Last: 2025-11-30
Officers (3 active · 4 resigned)
HARRISON-BINKS, Karen Francis→
Activesecretary · appointed 2018-02-20
View their other companies + combined net worth →
Active
REET, Thomas Robert→
Activedirector · ~42y · appointed 2021-07-19
View their other companies + combined net worth →
BINKS, Janet→
Resignedsecretary · resigned 2018-02-20
BINKS, Allan Harry Edward→
Resigneddirector · ~89y · resigned 2003-09-20
BINKS, Janet→
Resigneddirector · ~87y · resigned 2018-02-20
PORTER, Richard→
Resigneddirector · ~63y · appointed 1997-01-01 · resigned 2005-08-10
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Close Brothers Close Brothers Limited (The "Security Trustee") | A registered charge | — | 10/02/2015 | — | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 16/05/1989 | 03/01/2025 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 26/03/1987 | 03/01/2025 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 01/08/1983 | 03/01/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (99 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-03
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-03
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-03
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-05
appoint-person-director-company-with-name-date
officers · AP01
2021-07-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-04
confirmation-statement-with-updates
confirmation-statement · CS01
2020-11-30