BALTIC PINE LIMITED
Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
4 live charges · 4 lenders · oldest 14.5y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 14.5 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (75/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 |
|---|---|
| Average employees | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
Corporate timeline (31 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-smallaccounts · AA
- 2025-10-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-10-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-10-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-10-17📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-10-17📄legacyaccounts · PARENT_ACC
- 2024-10-17📄legacyother · AGREEMENT2
- 2024-10-17📄legacyother · GUARANTEE2
- 2024-06-27📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-11-03📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-11-03📄legacyother · GUARANTEE2
- 2023-10-10📄legacyaccounts · PARENT_ACC
- 2023-10-10📄legacyother · AGREEMENT2
- 2023-06-27📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-07-13📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2022-07-13📄legacyother · AGREEMENT2
- 2022-07-04📄legacyaccounts · PARENT_ACC
- 2022-07-04📄legacyother · GUARANTEE2
- 2022-03-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-03-04🔓Charge satisfied #3
- 2021-02-02📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2021-01-15🔓Charge satisfied #2
- 2017-04-06🔒Charge registered #4Lender: Bibby Financial Services LTD (As Security Trustee)
- 2015-10-26🔒Charge registered #3Lender: Lloyds Bank Commercial Finance Limited
- 2015-04-09🔒Charge registered #2Lender: Denmark Square LTD T/as Money&Co.
- 2013-07-26➕GAIR, Peter Anthony appointeddirector
- 2013-07-26➖GAIR, Peter Anthony resigneddirector
- 2011-12-19🔒Charge registered #1Lender: Bibby Financial Services Limited (As Security Trustee)
- 2011-10-04🏢Company incorporatedAs BALTIC PINE LIMITED
- 2011-10-04➕GAIR, Benjamin James appointeddirector
- 2011-10-04➕GAIR, Peter Anthony appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 69 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 69. 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 15 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Bepe Group Holdings Limited 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 |
|---|---|---|---|---|
Bepe Group Holdings Limited Corporate entity | 75–100% | — | 75-100% shares | 25/09/2025 |
1 historic (ceased) PSC
- Ultimate 99 Limitedceased 25/09/2025· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| BONING TRADE LTD→ 15209502 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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| BREW PLANET LTD→ 13910974 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BRIARWOOD SUPPLIES LTD→ 13246626 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BRICKYARD FARM CHEESE LIMITED→ 04488877 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| BRITBUYZ LTD→ 16674720 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BUILDING VISION ALGERIA LIMITED→ 12710393 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BURU SHOP LTD→ 16098989 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| C.E.MCKAY LTD→ 06658370 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| CAMBRIDGE TRADE LIMITED→ 08858081 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| CARD LINE (WEST COUNTRY) LIMITED→ 05036687 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| CHARLES FARRINGTON LTD→ 09701208 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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 →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 · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Bibby Financial Services Bibby Financial Services LTD (As Security Trustee) | A registered charge | 4 properties | 06/04/2017 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank Commercial Finance Limited | A registered charge | — | 26/10/2015 | 04/03/2022 | |
| satisfied | Denmark Square T/as Money&Co. Denmark Square LTD T/as Money&Co. | A registered charge | 1 property | 09/04/2015 | 15/01/2021 | |
| outstanding | Bibby Financial Services Bibby Financial Services Limited (As Security Trustee) | Debenture | 1 property | 19/12/2011 | — |