BALNAE LIMITED
💤Zombieactive
08136051 · ltd · incorporated 2012-07-10
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 Jul 2025
Net worth
£-31.4k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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).
🏦
Refinance opportunity
1 live charge · oldest 13.7y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 13.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 6 total, 6 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £31,408
Cash YoY
+1903%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£21k
↑ 1903% YoY
Net Worth
-£31k
↑ 40% YoY
Current Assets
£107k
↓ 45% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £-31.4k | £-25.8k |
| Current assets | £107.5k | £195.1k |
| Cash | £20.8k | £1.0k |
| Debtors | £66.2k | £151.8k |
| Net assets | £-31.4k | £-51.9k |
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
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
- • 2 persons-with-significant-control
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-02-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-23📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-04-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-07-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-07-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-07-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-07-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-07-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-07-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-18📄gazette-filings-brought-up-to-dategazette · DISS40
- 2012-11-20🔒Charge registered #1Lender: Alex Josef Zadah and Rosita Yosef Zadah
- 2012-07-10🏢Company incorporatedAs BALNAE LIMITED
- 2012-07-10➕KYME, Lalisa appointeddirector
Owner dependency
88/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 14 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Lalisa Kyme Individual · British · DOB 07/1968 · age 58 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
5 historic (ceased) PSCs
- Miss Lalisa Kymeceased 06/04/2016· 75-100% shares
- Miss Lalisa Kymeceased 06/04/2016· 75-100% shares · 75-100% voting · board control
- Miss Lalisa Kymeceased 06/04/2016· 75-100% voting
- Miss Lalisa Kymeceased 06/04/2016· board control
- Miss Lalisa Kymeceased 06/04/2016· 75-100% 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 →Similar companies
Active · Retail · SN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AV ESSENTIALS LTD→ 15166850 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AVAD & SONS LIMITED→ 14232721 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| B CLARKES PRODUCTS LTD→ 15971607 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BARRS YARD WINE COMPANY LIMITED→ 10625169 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| BARWORTH MEDICAL (UK) LIMITED→ 03543623 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| BASCS LIMITED→ 06836000 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| BATH & COTSWOLDS PET FOOD LIMITED→ 10087299 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| BB FIXINGS AND WORKWEAR LIMITED→ 10956455 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BBOUNCE LIMITED→ 14956559 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BBW SOLUTIONS LTD→ 16523544 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BC CARD TRADING LTD→ 16818269 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BCPM HOLDINGS LTD→ 16361989 · 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
Incorporated2012-07-10
Jurisdictionengland-wales
Primary SIC47789 — Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
Registered office
6b Prince Maurice House Cavalier Court
Bumpers Farm
Chippenham
Wiltshire
SN14 6LH
United Kingdom
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-21
Last: 2025-07-07
Officers (1 active · 0 resigned)
KYME, Lalisa→
Activedirector · ~58y · appointed 2012-07-10
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Alex Josef Zadah and Rosita Yosef Zadah | Rent deposit deed | 1 property | 20/11/2012 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (50 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-24
change-person-director-company-with-change-date
officers · CH01
2026-02-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-11-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-07-20