BLOC SYSTEMS LTD
🌳Matureactive
02428393 · ltd · incorporated 1989-10-02
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 15.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
—
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 73-year-old founder — textbook succession opportunity.
Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 15.2y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 15.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (4 active, 8 linked, 4 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
106 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
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 | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Average employees | 1100 | 1100 |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2025-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-25📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-25📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-25📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-25📄change-person-secretary-company-with-change-dateofficers · CH03
- 2023-04-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-10-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-06➕KERR, Jeremy Stuart appointeddirector
- 2022-04-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-04-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-10-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-07-03🔒Charge registered #2Lender: Lloyds Bank PLC
- 2019-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2011-05-27🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2008-11-01➕ALDRED, Jason Charles appointeddirector
- 2008-10-01➕PICKERING, Jacqueline Ruth appointedsecretary
- 2008-10-01➖PARISH, David resignedsecretary
- 2001-04-26➖COOPER, Sarah Jane resignedsecretary
- 2001-04-26➕PARISH, David appointedsecretary
- 2000-06-16➖CAMPBELL, Sharon Linda resignedsecretary
- 2000-06-16➕COOPER, Sarah Jane appointedsecretary
- 1995-05-01➖CAMPBELL, Sharon Linda resigneddirector
- 1989-10-02🏢Company incorporatedAs BLOC SYSTEMS LTD
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — succession pressure is live.
Succession & seller-readiness
83/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 37 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Inline Uk Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Inline Uk Group Ltd
Corporate parent · holds 75-100% shares
⬇
BLOC SYSTEMS LTD
This company · 02428393
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 |
|---|---|---|---|---|
Inline Uk Group Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 01/10/2021 |
1 historic (ceased) PSC
- Mr Colin Pickeringceased 01/10/2021· significant influence
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 · Wholesale & distribution · BN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BAUTECH FLOORING UK LTD→ 11256424 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| BB ALL-STAR LTD→ 14895851 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BCS SUPPLIES LTD→ 02913927 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
| BD WHOLESALE AND CATERING LIMITED→ 14431585 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BELL & FOX DESIGN LIMITED→ 10264218 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BIG PLANT NURSERY LIMITED→ 04662307 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| BIMBLE SOLAR LTD→ 11812313 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| BIO NUTRITION HEALTH PRODUCTS LIMITED→ 02267960 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| BLAKE TRADE LTD→ 15173002 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BLAKES MEATS LIMITED→ 06047847 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| BLOODSTOCK MERCHANDISE LTD→ 16974250 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BLUE 14 (D2C) LTD→ 11552224 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated1989-10-02
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade
Registered office
Office Ff10 Brooklands House
58 Marlborough Road
Lancing
West Sussex
BN15 8AF
England
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-10-14
Last: 2025-09-30
Officers (4 active · 4 resigned)
PICKERING, Jacqueline Ruth→
Activesecretary · appointed 2008-10-01
View their other companies + combined net worth →
ALDRED, Jason Charles→
Activedirector · ~54y · appointed 2008-11-01
View their other companies + combined net worth →
KERR, Jeremy Stuart→
Activedirector · ~53y · appointed 2022-04-06
View their other companies + combined net worth →
Active
CAMPBELL, Sharon Linda→
Resignedsecretary · resigned 2000-06-16
COOPER, Sarah Jane→
Resignedsecretary · appointed 2000-06-16 · resigned 2001-04-26
PARISH, David→
Resignedsecretary · appointed 2001-04-26 · resigned 2008-10-01
CAMPBELL, Sharon Linda→
Resigneddirector · ~72y · resigned 1995-05-01
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 03/07/2020 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 27/05/2011 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (106 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-27
change-person-director-company-with-change-date
officers · CH01
2023-10-25
change-person-director-company-with-change-date
officers · CH01
2023-10-25
change-person-director-company-with-change-date
officers · CH01
2023-10-25
change-person-secretary-company-with-change-date
officers · CH03
2023-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-11
appoint-person-director-company-with-name-date
officers · AP01
2023-04-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-24
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-04-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-04-06