BROWN ENTERPRISES (LINCOLN) LIMITED
- · Oldest live charge 13.3y old — refinance window within 12 months
Opportunity 61/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100). Current lenders should be on monthly review.
Refinance opportunity
1 live charge · oldest 13.3y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 13.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (58/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (27 events)Click to expand
- 2019-05-03📄restoration-order-of-courtrestoration · AC92
- 2018-07-31📄gazette-dissolved-compulsorygazette · GAZ2
- 2018-07-31🏁Company dissolved
- 2018-05-15📄gazette-notice-compulsorygazette · GAZ1
- 2017-12-18📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2017-03-20📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-12-20📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2016-08-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2016-08-08🔓Charge satisfied #1
- 2015-12-14📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-10-14📄accounts-amended-with-accounts-type-total-exemption-smallaccounts · AAMD
- 2015-10-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2015-09-28➖BROWN, Christopher resigneddirector
- 2015-07-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-11-27📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-08-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-08-07📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2014-01-14📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-07-15➕BROWN, Christopher appointeddirector
- 2013-07-15📄appoint-person-director-company-with-nameofficers · AP01
- 2013-03-05📄legacymortgage · MG01
- 2013-02-28🔒Charge registered #1Lender: National Westminster Bank PLC
- 2013-01-21📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2012-11-20🏢Company incorporatedAs BROWN ENTERPRISES (LINCOLN) LIMITED
- 2012-11-20➕BROWN, Mark David appointeddirector
- 2012-11-20➕BROWN, Suzanne appointeddirector
- 2012-11-20📄incorporation-companyincorporation · NEWINC
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 name in company name: Company name contains director surname "BROWN" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
- +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 63. 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 14 years.
Red flags
2 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2018-03-18
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2018-12-04
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mark David Brown Individual · British · DOB 09/1963 · age 63 | 50–75% | — | 50-75% shares | 06/04/2016 |
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
Active · Transport & logistics · LN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AURORA RIDES LTD→ 14587077 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AXSBO.COM LTD→ 15865558 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BC COURIERS LTD→ 14202933 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BELLA LUCI LTD→ 16862316 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BENJAMIN HARRISON LTD→ 15954253 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BESSTRUCK LTD→ 10261728 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BLIASAKA LTD→ 13662526 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BOOTH COURIERS LTD→ 14571383 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| BOUNDARY ESTATES LTD→ 11297797 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| BOYLAN DISTRIBUTION LTD→ 06539424 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| BRIDGE FARM STORAGE LIMITED→ 15810576 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BROXHOLME TRANSPORT LIMITED→ 04791060 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
9 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 | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 28/02/2013 | 08/08/2016 |