3LINE ELECTRICAL WHOLESALE LIMITED

📉Decliningactive
06499284 · ltd · incorporated 2008-02-11
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.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "declining"
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 46760
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: leverage-led grower with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 57/100. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (57/100).

🏦

Refinance opportunity

10 live charges · 9 lenders · oldest 16.7y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 16.7 years old — likely at or near maturity.
  • · 9 lenders named — inter-creditor friction likely.
  • · Legal-friction score 50/100 (high).

Data confidence

Overall: high (81/100)

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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
11 officers (5 active, 11 linked, 7 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
97 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
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £746,269

Key financials

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

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Profit before tax£746.3k£1.27M
Average employees12812700

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

🔒Filing-note intelligence

2 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
1
filing
  • 1 mortgage
Last 90 days
3
filings
  • 1 mortgage
  • 1 confirmation-statement
  • 1 address
Last 180 days
4
filings
  • 1 mortgage
  • 1 confirmation-statement
  • 1 address
Counts from Companies House filing history.
Corporate timeline (51 events)Click to expand
  1. 2026-04-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-04-22
    🔓
    Charge satisfied #5
  3. 2026-01-27
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  4. 2025-12-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2024-12-23
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2024-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2024-12-03
    🔓
    Charge satisfied #10
  8. 2024-10-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2024-10-23
    🔒
    Charge registered #10
    Lender: National Westminster Bank PLC
  10. 2024-04-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2024-04-17
    🔒
    Charge registered #9
    Lender: Hsbc UK Bank PLC
  12. 2024-01-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2023-02-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2023-02-15
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  15. 2023-02-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2023-01-20
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2022-06-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2022-03-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2021-11-23
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2021-03-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2020-12-14
    📄
    accounts-with-accounts-type-full
    accounts · AA
  22. 2020-11-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  23. 2020-11-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  24. 2019-06-12
    HEADING, Chris appointed
    director
  25. 2019-06-12
    BROWNE, Christopher resigned
    director
  26. 2019-04-05
    🔓
    Charge satisfied #8
  27. 2015-06-08
    DALGLIESH, Paul James appointed
    director
  28. 2015-06-08
    KELLY, John Joseph resigned
    director
  29. 2015-06-08
    🔒
    Charge registered #8
    Lender: Simon Mark Goulding
  30. 2012-05-11
    🔒
    Charge registered #7
    Lender: Dencora Mason Road LLP
  31. 2012-02-18
    🔓
    Charge satisfied #2
  32. 2011-11-07
    🔒
    Charge registered #6
    Lender: Hsbc Invoice Finance (UK) LTD ("the Security Holder")
  33. 2011-09-23
    🔒
    Charge registered #5
    Lender: Hsbc Bank PLC
  34. 2011-09-19
    🔒
    Charge registered #4
    Lender: Hsbc Bank PLC
  35. 2010-09-24
    🔒
    Charge registered #3
    Lender: Pr Poole Limited
  36. 2010-09-13
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Commercial Finance Limited
  37. 2009-08-14
    🔒
    Charge registered #1
    Lender: Allen Ernest Marshall Barbara Agnes Prentice Marshall Michael Haywood and Carolyn Awdry Heywood
  38. 2009-06-25
    BROWNE, Christopher appointed
    director
  39. 2009-06-25
    KELLY, John Joseph appointed
    director
  40. 2009-05-21
    GOULDING, Simon Mark appointed
    secretary
  41. 2009-05-21
    AVENELL, Keith Antony appointed
    director
  42. 2009-05-21
    GOULDING, Simon Mark appointed
    director
  43. 2009-05-21
    MARTIN AND COMPANY (COMPANY SECRETARIES) LIMITED resigned
    corporate-secretary
  44. 2009-05-21
    KELLY, James Robert resigned
    director
  45. 2008-02-11
    🏢
    Company incorporated
    As 3LINE ELECTRICAL WHOLESALE LIMITED
  46. 2008-02-11
    LONDON LAW SECRETARIAL LIMITED appointed
    corporate-nominee-secretary
  47. 2008-02-11
    LONDON LAW SECRETARIAL LIMITED resigned
    corporate-nominee-secretary
  48. 2008-02-11
    MARTIN AND COMPANY (COMPANY SECRETARIES) LIMITED appointed
    corporate-secretary
  49. 2008-02-11
    KELLY, James Robert appointed
    director
  50. 2008-02-11
    LONDON LAW SERVICES LIMITED appointed
    corporate-nominee-director
Showing most recent 50 of 51 events

Owner dependency

58/100
Moderate — manageable with handover

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

63/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 18 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 · 1 low
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.

6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

3line Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
3line Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
3LINE ELECTRICAL WHOLESALE LIMITED
This company · 06499284

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
3line Holdings Limited
Corporate entity
75100%
75-100% shares12/07/2016
2 historic (ceased) PSCs
  • Mr Keith Antony Avenellceased 01/05/2016· 50-75% shares
  • Mrs Samantha Lynne Avenellceased 01/05/2016· 25-50% shares

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

8 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
Incorporated2008-02-11
Jurisdictionengland-wales
Primary SIC46760 — SIC 46760

Registered office

Unit 3 Wessex Trade Centre
Ringwood Road
Poole
Dorset
BH12 3PF

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-02-11
Last: 2026-01-28

Officers (5 active · 6 resigned)

GOULDING, Simon Mark
secretary · appointed 2009-05-21
View their other companies + combined net worth →
Active
AVENELL, Keith Antony
director · ~60y · appointed 2009-05-21
View their other companies + combined net worth →
Active
DALGLIESH, Paul James
director · ~55y · appointed 2015-06-08
View their other companies + combined net worth →
Active
GOULDING, Simon Mark
director · ~47y · appointed 2009-05-21
View their other companies + combined net worth →
Active
HEADING, Chris
director · ~41y · appointed 2019-06-12
View their other companies + combined net worth →
Active
LONDON LAW SECRETARIAL LIMITED
corporate-nominee-secretary · appointed 2008-02-11 · resigned 2008-02-11
Resigned
MARTIN AND COMPANY (COMPANY SECRETARIES) LIMITED
corporate-secretary · appointed 2008-02-11 · resigned 2009-05-21
Resigned
BROWNE, Christopher
director · ~67y · appointed 2009-06-25 · resigned 2019-06-12
Resigned
KELLY, James Robert
director · ~46y · appointed 2008-02-11 · resigned 2009-05-21
Resigned
KELLY, John Joseph
director · ~78y · appointed 2009-06-25 · resigned 2015-06-08
Resigned
LONDON LAW SERVICES LIMITED
corporate-nominee-director · appointed 2008-02-11 · resigned 2008-02-11
Resigned

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

Mortgages & charges

10
Total charges
6
Outstanding
4
Active lenders
Status:Lender:10 of 10 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
A registered charge23/10/202403/12/2024
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property17/04/2024
satisfied
Simon Mark Goulding
A registered charge3 properties08/06/201505/04/2019
outstanding
Dencora Mason Road
Dencora Mason Road LLP
Rent deposit deed1 property11/05/2012
outstanding
HSBC
Hsbc Invoice Finance (UK) LTD ("the Security Holder")
Fixed charge on non-vesting debts and floating charge1 property07/11/2011
satisfied
HSBC
Hsbc Bank PLC
Legal assignment1 property23/09/201122/04/2026
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property19/09/2011
outstanding
Pr Poole
Pr Poole Limited
Rent deposit1 property24/09/2010
satisfied
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited
All assets debenture1 property13/09/201018/02/2012
outstanding
Allen Ernest Marshall Barbara Agnes Prentice Marshall Michael Haywood and Carolyn Awdry Heywood
Rent deposit agreement1 property14/08/2009
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (97 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-28
change-sail-address-company-with-old-address-new-address
address · AD02
2026-01-27
accounts-with-accounts-type-full
accounts · AA
2025-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-07
accounts-with-accounts-type-full
accounts · AA
2024-12-23
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-14
accounts-with-accounts-type-full
accounts · AA
2024-01-30
change-person-director-company-with-change-date
officers · CH01
2023-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-15
change-person-secretary-company-with-change-date
officers · CH03
2023-02-15
change-person-director-company-with-change-date
officers · CH01
2023-02-15