BANNER CONTRACTS (HALNABY) LIMITED
🌳Matureactive
02793182 · ltd · incorporated 1993-02-24
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 Jan 2025
Net worth
£6.88M
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 08110
Sector: Mining & quarrying
ALSO REGISTERED FOR
- 33120Repair of machinery
- 46610SIC 46610
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 74/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 15 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
15 live charges · 10 lenders · oldest 30.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 30.7 years old — likely at or near maturity.
- · 10 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (72/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
15 charges (15/15 with lender, 15/15 with type)
90
Directors & officers
12 officers (2 active, 12 linked, 7 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
131 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
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 £6,880,066
Key financials
1 year extracted from filed iXBRL accountsCash
£1.7m
Net Worth
£6.9m
Current Assets
£5.8m
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 |
|---|---|
| Total assets | £9.09M |
| Current assets | £5.76M |
| Cash | £1.74M |
| Debtors | £2.95M |
| Net assets | £6.88M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals 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 (64 events)Click to expand
- 2025-10-18📄accounts-with-accounts-type-mediumaccounts · AA
- 2024-09-17📄accounts-with-accounts-type-fullaccounts · AA
- 2023-10-06📄accounts-with-accounts-type-fullaccounts · AA
- 2022-12-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-03➖BANNER, Michael Stuart resigneddirector
- 2022-10-20📄accounts-with-accounts-type-fullaccounts · AA
- 2021-10-12📄accounts-with-accounts-type-fullaccounts · AA
- 2021-02-03📄accounts-with-accounts-type-fullaccounts · AA
- 2020-03-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-03-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-03-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-03-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-03-31🔓Charge satisfied #13
- 2020-03-31🔓Charge satisfied #12
- 2020-03-31🔓Charge satisfied #11
- 2020-03-12🔒Charge registered #15Lender: Banner Holdings (Halnaby) Limited
- 2020-03-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-02-21🔒Charge registered #14Lender: Trustees of the Banner Trust
- 2019-10-28📄accounts-with-accounts-type-fullaccounts · AA
- 2018-11-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2018-11-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-07-18📄accounts-with-accounts-type-fullaccounts · AA
- 2017-11-28🔓Charge satisfied #8
- 2017-11-28🔓Charge satisfied #4
- 2017-01-27🔒Charge registered #13Lender: Trustees of the Banner Trust
- 2015-07-14🔓Charge satisfied #5
- 2015-07-14🔓Charge satisfied #3
- 2015-07-09🔒Charge registered #12Lender: Michael Stuart Banner
- 2014-07-31🔒Charge registered #11Lender: Jonathan Banner
- 2014-07-25🔓Charge satisfied #10
- 2014-07-25🔓Charge satisfied #9
- 2014-07-25🔓Charge satisfied #7
- 2014-07-25🔓Charge satisfied #1
- 2013-09-27🔒Charge registered #10Lender: Barclays Bank PLC
- 2013-06-04🔒Charge registered #9Lender: Barclays Bank PLC
- 2013-05-30🔒Charge registered #8Lender: Barclays Bank PLC
- 2013-05-28🔒Charge registered #7Lender: Barclays Bank PLC
- 2013-02-09🔒Charge registered #6Lender: Michael Stuart Banner, Jonathan Laurence Banner and Andrew Michael Banner
- 2012-12-17🔒Charge registered #5Lender: Hsbc Bank PLC
- 2011-04-04🔒Charge registered #4Lender: Mw Trustees Limited, Michael Stuart Banner, Andrew Banner and Jonathan Banner
- 2009-11-06🔓Charge satisfied #2
- 2009-04-13➖BANNER, Linda Mary resignedsecretary
- 2009-03-26🔒Charge registered #3Lender: Michael Stuart Banner Linda Mary Banner Andrew Banner Jonathan Banner and Mw Trustees Limited as Trustees of Banner Trust
- 2007-11-01➕BANNER, Andrew Michael appointeddirector
- 2007-11-01➕BANNER, Jonathan Laurence appointeddirector
- 2007-03-31➖COOK, Alan resigneddirector
- 2006-10-06🔒Charge registered #2Lender: Michael Stuart Banner, Linda Mary Banner, Andrew Banner, Jonathan Banner and Mw Trusteeslimited as Trustees of Banner Trust
- 1996-07-26➕COOK, Alan appointeddirector
- 1995-11-17🔒Charge registered #1Lender: Barclays Bank PLC
- 1995-11-14➕BANNER, Linda Mary appointedsecretary
Showing most recent 50 of 64 events
Owner dependency
91/100
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 "BANNER" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 33 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
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.
Group structure
Banner Holdings (Halnaby) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Banner Holdings (Halnaby) Limited
Corporate parent · holds 75-100% shares
⬇
BANNER CONTRACTS (HALNABY) LIMITED
This company · 02793182
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 |
|---|---|---|---|---|
Banner Holdings (Halnaby) Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 26/10/2018 |
1 historic (ceased) PSC
- Mr Michael Stuart Bannerceased 26/10/2018· 75-100% shares · 75-100% voting · board control
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 · Manufacturing · DL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AYCLIFFE FABRICATIONS LIMITED→ 04310888 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| AYED LTD→ 12560905 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| BAHN SPORTIVE LTD.→ 15340415 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BDE SOLUTIONS LTD→ 16495969 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BLACK AND HEALE TIMBER FRAMES LTD→ 15108738 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BLACKMARK COMPONENTS LTD→ 16679366 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BLADESTAR RENEWABLES LTD→ 12208306 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BLAMIRE PRINTERS LIMITED→ 02066977 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| BLOOCHIP LTD→ 08034983 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| BLOOCHIP TOOL ROOM SERVICES LTD→ 15883826 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BLUE DIAMOND ENGINEERING LIMITED→ 02090988 · est 1987 · no financials extracted | — | — | — | — | 39y | — | — |
| BLUE ELEVATE LTD→ 16284275 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated1993-02-24
Jurisdictionengland-wales
Primary SIC08110 — SIC 08110
Registered office
The Coach House
Halnaby Hall, Croft On Tees
Darlington
County Durham
DL2 2TJ
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-12-05
Last: 2025-11-21
Officers (2 active · 10 resigned)
BANNER, Andrew Michael→
Activedirector · ~45y · appointed 2007-11-01
View their other companies + combined net worth →
BANNER, Jonathan Laurence→
Activedirector · ~48y · appointed 2007-11-01
View their other companies + combined net worth →
BANNER, Gordon Laurence→
Resignedsecretary · appointed 1993-03-12 · resigned 1994-02-10
BANNER, Linda Mary→
Resignedsecretary · appointed 1995-11-14 · resigned 2009-04-13
EGERTON, Janet→
Resignedsecretary · resigned 1995-11-14
WATERLOW SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1993-02-24 · resigned 1993-03-12
BANNER, Eva→
Resigneddirector · ~99y · appointed 1993-03-12 · resigned 1994-02-10
BANNER, Gordon Laurence→
Resigneddirector · ~77y · appointed 1993-03-12 · resigned 1994-02-10
BANNER, Michael Stuart→
Resigneddirector · ~73y · appointed 1993-03-12 · resigned 2022-12-03
COOK, Alan→
Resigneddirector · ~74y · appointed 1996-07-26 · resigned 2007-03-31
EGERTON, Janet→
Resigneddirector · ~66y · resigned 1995-11-14
WATERLOW NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 1993-02-24 · resigned 1993-03-12
Click a director name to see their full track record across all companies.
Mortgages & charges
15
Total charges
3
Outstanding
3
Active lenders
Status:Lender:15 of 15 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Banner Holdings (Halnaby) Banner Holdings (Halnaby) Limited | A registered charge | 2 properties | 12/03/2020 | — | |
| outstanding | Trustees of the Banner Trust | A registered charge | — | 21/02/2020 | — | |
| satisfied | Trustees of the Banner Trust | A registered charge | — | 27/01/2017 | 31/03/2020 | |
| satisfied | Michael Stuart Banner / Jonathan Laurence Banner / Andrew Michael Banner / M.W. Tustees Michael Stuart Banner / Jonathan Laurence Banner / Andrew Michael Banner / M.W. Tustees Limited | A registered charge | — | 09/07/2015 | 31/03/2020 | |
| satisfied | Jonathan Banner / Andrew Banner / Michael Stuart Banner / Mw Trustees Jonathan Banner / Andrew Banner / Michael Stuart Banner / Mw Trustees Limited | A registered charge | — | 31/07/2014 | 31/03/2020 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 27/09/2013 | 25/07/2014 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 04/06/2013 | 25/07/2014 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 30/05/2013 | 28/11/2017 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 28/05/2013 | 25/07/2014 | |
| outstanding | Michael Stuart Banner, Jonathan Laurence Banner and Andrew Michael Banner | Mortgage | 1 property | 09/02/2013 | — | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 17/12/2012 | 14/07/2015 | |
| satisfied | Mw Trustees , Michael Stuart Banner, Andrew Banner and Jonathan Banner Mw Trustees Limited, Michael Stuart Banner, Andrew Banner and Jonathan Banner | Debenture | 1 property | 04/04/2011 | 28/11/2017 | |
| satisfied | Michael Stuart Banner Linda Mary Banner Andrew Banner Jonathan Banner and Mw Trustees as Trustees of Banner Trust Michael Stuart Banner Linda Mary Banner Andrew Banner Jonathan Banner and Mw Trustees Limited as Trustees of Banner Trust | Debenture | 1 property | 26/03/2009 | 14/07/2015 | |
| satisfied | Michael Stuart Banner, Linda Mary Banner, Andrew Banner, Jonathan Banner and Mw Trusteeslimited as Trustees of Banner Trust | Debenture | 1 property | 06/10/2006 | 06/11/2009 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 17/11/1995 | 25/07/2014 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (131 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-02
accounts-with-accounts-type-medium
accounts · AA
2025-10-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-04
accounts-with-accounts-type-full
accounts · AA
2024-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-21
accounts-with-accounts-type-full
accounts · AA
2023-10-06
termination-director-company-with-name-termination-date
officers · TM01
2022-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-21
accounts-with-accounts-type-full
accounts · AA
2022-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-22
accounts-with-accounts-type-full
accounts · AA
2021-10-12
accounts-with-accounts-type-full
accounts · AA
2021-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-03-31
mortgage-satisfy-charge-full
mortgage · MR04
2020-03-31