BIO-LOGIC SCIENCE INSTRUMENTS LTD
Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (65/100, director aged 64). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -61% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
2 live charges · oldest 31.0y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 31.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2026-02-28 | 2025-02-28 |
|---|---|---|
| Total assets | £474.3k | £807.0k |
| Current assets | £565.4k | £1.22M |
| Cash | £266.2k | £689.3k |
| Debtors | £299.1k | £530.5k |
| Net assets | £467.5k | £804.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
- • 1 accounts
Corporate timeline (24 events)Click to expand
- 2026-07-10📄accounts-with-accounts-type-smallaccounts · AA
- 2025-06-03📄accounts-with-accounts-type-smallaccounts · AA
- 2024-05-31📄accounts-with-accounts-type-smallaccounts · AA
- 2023-06-01📄accounts-with-accounts-type-smallaccounts · AA
- 2022-11-18📄accounts-with-accounts-type-smallaccounts · AA
- 2022-07-12📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2021-12-29📄accounts-with-accounts-type-smallaccounts · AA
- 2021-03-09📄accounts-with-accounts-type-smallaccounts · AA
- 2019-12-18📄accounts-with-accounts-type-smallaccounts · AA
- 2019-01-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-12-20📄accounts-with-accounts-type-smallaccounts · AA
- 2017-12-14📄accounts-with-accounts-type-smallaccounts · AA
- 2017-03-02📄resolutionresolution · RESOLUTIONS
- 2016-12-20📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-06-30➖JOHNSON, Graham Robert, Dr resignedsecretary
- 2015-06-30➖JOHNSON, Graham Robert, Dr resigneddirector
- 2012-04-18➕GOY, Francois Gilles appointeddirector
- 2012-04-18➖JOHNSON, Terry Robert resigneddirector
- 1999-04-13🔓Charge satisfied #1
- 1997-08-27🔓Charge satisfied #2
- 1997-06-24🔒Charge registered #2Lender: National Westminster Bank PLC
- 1995-08-17🔒Charge registered #1Lender: National Westminster Bank PLC
- 1989-10-11🏢Company incorporatedAs BIO-LOGIC SCIENCE INSTRUMENTS LTD
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 14 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
cleanGroup structure
Bio-Logic Sas is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Bio-Logic Sas Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (2 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | Charge over credit balances | 1 property | 24/06/1997 | 27/08/1997 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Charge over credit balances | 1 property | 17/08/1995 | 13/04/1999 |