BL DRINKS LTD
- 46342SIC 46342
Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -83% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-15.7k | £-3.9k |
| Current assets | £318 | £1.3k |
| Cash | £149 | £891 |
| Debtors | £169 | £434 |
| Net assets | £-43.1k | £-38.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (16 events)Click to expand
- 2025-11-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-06-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-21📄change-person-director-company-with-change-dateofficers · CH01
- 2023-07-21📄change-person-director-company-with-change-dateofficers · CH01
- 2023-07-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-11-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-22🏢Company incorporatedAs BL DRINKS LTD
- 2018-03-22➕LOCKHART, Paul Robert appointeddirector
- 2018-03-22➕WELCH, Darren appointeddirector
- 2018-03-22📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Paul Robert Lockhart Individual · British · DOB 10/1967 · age 59 | 25–50% | — | 25-50% shares | 22/03/2018 |
Mr Darren Welch Individual · British · DOB 11/1975 · age 51 | 25–50% | — | 25-50% shares | 22/03/2018 |
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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6 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 · 0 resigned)
Click a director name to see their full track record across all companies.