BINLOCK LIMITED

💤Zombieactive
05931902 · ltd · incorporated 2006-09-12
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2025
Net worth
£0
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 63-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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
Confirmed no charges registered
85
Directors & officers
8 officers (2 active, 8 linked, 2 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£0
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-30
Total assets£0—
Net assets£0—

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Last 90 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-07-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-06-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-07-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-07-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-06-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-06-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2020-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2016-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2015-10-06
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-07-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2014-10-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2011-09-11
    ➕
    THOMSON, Lynda Jayne appointed
    secretary
  16. 2011-09-11
    ➖
    POWELL, Christopher John resigned
    secretary
  17. 2007-06-26
    ➖
    DAY, Francis James resigned
    director
  18. 2007-06-21
    ➕
    POWELL, Christopher John appointed
    secretary
  19. 2007-06-20
    ➖
    DAY, Francis James resigned
    secretary
  20. 2006-10-13
    ➕
    SPARSHATT-POTTER, George Edward appointed
    director
  21. 2006-10-13
    ➕
    DAY, Francis James appointed
    secretary
  22. 2006-10-13
    ➖
    PHILLIPS, David Edward Kenneth resigned
    secretary
  23. 2006-09-12
    🏢
    Company incorporated
    As BINLOCK LIMITED
  24. 2006-09-12
    ➕
    PHILLIPS, David Edward Kenneth appointed
    secretary
  25. 2006-09-12
    ➕
    TEMPLE SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  26. 2006-09-12
    ➖
    TEMPLE SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  27. 2006-09-12
    ➕
    DAY, Francis James appointed
    director
  28. 2006-09-12
    ➕
    COMPANY DIRECTORS LIMITED appointed
    corporate-nominee-director
  29. 2006-09-12
    ➖
    COMPANY DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

93/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

88/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 20 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr George Edward Sparshatt-Potter
Individual · British · DOB 07/1963 · age 63
——sig. influencesignificant influence12/09/2016

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

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
Incorporated2006-09-12
Jurisdictionengland-wales
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

57 Wilcot Road
Pewsey
Wiltshire
SN9 5EJ

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-07-12
Last: 2026-06-28

Officers (2 active · 6 resigned)

THOMSON, Lynda Jayne→
secretary · appointed 2011-09-11
View their other companies + combined net worth →
Active
SPARSHATT-POTTER, George Edward→
director · ~63y · appointed 2006-10-13
View their other companies + combined net worth →
Active
DAY, Francis James→
secretary · appointed 2006-10-13 · resigned 2007-06-20
Resigned
PHILLIPS, David Edward Kenneth→
secretary · appointed 2006-09-12 · resigned 2006-10-13
Resigned
POWELL, Christopher John→
secretary · appointed 2007-06-21 · resigned 2011-09-11
Resigned
TEMPLE SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2006-09-12 · resigned 2006-09-12
Resigned
DAY, Francis James→
director · ~72y · appointed 2006-09-12 · resigned 2007-06-26
Resigned
COMPANY DIRECTORS LIMITED→
corporate-nominee-director · appointed 2006-09-12 · resigned 2006-09-12
Resigned

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

Recent filings (49 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-29
accounts-with-accounts-type-dormant
accounts · AA
2025-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-31
accounts-with-accounts-type-dormant
accounts · AA
2024-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-14
accounts-with-accounts-type-dormant
accounts · AA
2023-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-30
accounts-with-accounts-type-dormant
accounts · AA
2022-06-30
accounts-with-accounts-type-dormant
accounts · AA
2021-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-24
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-17