BUSINESS LINES LIMITED

🌳Matureactive
01988026 · ltd · incorporated 1986-02-11
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 Jul 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 45310
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 72/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

6 live charges · 4 lenders · oldest 15.2y

35/100
too messy

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

  • · Oldest live charge is 15.2 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 7 with DOB)
88
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
127 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
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
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£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31
Average employees9001000

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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (43 events)Click to expand
  1. 2026-04-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-12-17
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2024-11-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2024-11-06
    🔒
    Charge registered #6
    Lender: Bank of Montreal
  5. 2024-10-07
    📄
    memorandum-articles
    incorporation · MA
  6. 2024-10-07
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2024-09-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-09-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-09-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2024-08-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2024-08-14
    🔓
    Charge satisfied #5
  12. 2024-08-01
    DECARY, Vincent appointed
    director
  13. 2024-08-01
    DOYON, Eric appointed
    director
  14. 2024-08-01
    LABERGE, Jean-Francois resigned
    director
  15. 2024-01-09
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2023-06-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2023-04-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2023-04-10
    BEAUCHEMIN, Benoit resigned
    director
  19. 2022-12-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  20. 2022-11-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  21. 2022-03-14
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  22. 2022-03-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  23. 2022-03-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  24. 2022-03-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  25. 2022-03-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  26. 2022-03-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  27. 2022-02-15
    DEPELTEAU, Martin appointed
    director
  28. 2022-02-15
    MARCZYNSKI, Beryl June resigned
    secretary
  29. 2022-02-15
    BEAUCHEMIN, Benoit appointed
    director
  30. 2022-02-15
    LABERGE, Jean-Francois appointed
    director
  31. 2022-02-15
    MARCZYNSKI, Beryl June resigned
    director
  32. 2022-02-15
    MARCZYNSKI, Michael resigned
    director
  33. 2022-02-15
    🔒
    Charge registered #5
    Lender: Caisse Desjardins Du Haut-Richelieu
  34. 2021-10-02
    🔓
    Charge satisfied #3
  35. 2021-09-18
    🔓
    Charge satisfied #4
  36. 2021-09-18
    🔓
    Charge satisfied #2
  37. 2021-09-18
    🔓
    Charge satisfied #1
  38. 2021-04-23
    🔒
    Charge registered #4
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
  39. 2021-04-23
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
  40. 2011-05-31
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  41. 2011-05-16
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  42. 2009-10-30
    MARCZYNSKI, Beryl June appointed
    director
  43. 1986-02-11
    🏢
    Company incorporated
    As BUSINESS LINES LIMITED

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

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

Martins Industries Uk Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Martins Industries Uk Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
BUSINESS LINES LIMITED
This company · 01988026

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
Martins Industries Uk Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control15/02/2022
2 historic (ceased) PSCs
  • Beryl June Marczynskiceased 15/02/2022· 25-50% shares · 25-50% voting
  • Mr Michael Marczynskiceased 15/02/2022· 25-50% shares · 25-50% voting

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

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
Incorporated1986-02-11
Jurisdictionengland-wales
Primary SIC45310 — SIC 45310

Registered office

Unit 9 Kellet Road Industrial Estate
Carnforth
Lancashire
LA5 9XP

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-06-11
Last: 2026-05-28

Officers (3 active · 5 resigned)

DECARY, Vincent
director · ~42y · appointed 2024-08-01
View their other companies + combined net worth →
Active
DEPELTEAU, Martin
director · ~54y · appointed 2022-02-15
View their other companies + combined net worth →
Active
DOYON, Eric
director · ~57y · appointed 2024-08-01
View their other companies + combined net worth →
Active
MARCZYNSKI, Beryl June
secretary · resigned 2022-02-15
Resigned
BEAUCHEMIN, Benoit
director · ~39y · appointed 2022-02-15 · resigned 2023-04-10
Resigned
LABERGE, Jean-Francois
director · ~60y · appointed 2022-02-15 · resigned 2024-08-01
Resigned
MARCZYNSKI, Beryl June
director · ~79y · appointed 2009-10-30 · resigned 2022-02-15
Resigned
MARCZYNSKI, Michael
director · ~78y · resigned 2022-02-15
Resigned

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

Mortgages & charges

6
Total charges
1
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Bank of Montreal
A registered charge1 property06/11/2024
satisfied
Caisse Desjardins Du Haut-Richelieu
A registered charge1 property15/02/202214/08/2024
satisfied
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
A registered charge1 property23/04/202118/09/2021
satisfied
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
A registered charge23/04/202102/10/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property31/05/201118/09/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Debenture1 property16/05/201118/09/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (127 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-02
accounts-with-accounts-type-small
accounts · AA
2026-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-28
accounts-with-accounts-type-small
accounts · AA
2024-12-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-08
memorandum-articles
incorporation · MA
2024-10-07
resolution
resolution · RESOLUTIONS
2024-10-07
termination-director-company-with-name-termination-date
officers · TM01
2024-09-20
appoint-person-director-company-with-name-date
officers · AP01
2024-09-20
appoint-person-director-company-with-name-date
officers · AP01
2024-09-20
mortgage-satisfy-charge-full
mortgage · MR04
2024-08-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-30
accounts-with-accounts-type-small
accounts · AA
2024-01-09
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-19
change-person-director-company-with-change-date
officers · CH01
2023-06-19