BASIL KNIPE ELECTRICS LIMITED

📉Decliningactive
NI070354 · ltd · incorporated 2008-09-03
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 Sept 2024
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Retail sale of electrical household appliances in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Conservative operator with a 61-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (85/100).

🏦

Refinance opportunity

1 live charge · oldest 16.2y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 16.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
53 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
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 102
Profitable
Profit before tax £693,120

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Profit before tax£693.1k£1.09M
Average employees43004200

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
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-06-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2024-07-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-06-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2023-06-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2022-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-07-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  7. 2021-07-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2021-07-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2021-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-06-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-07-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-07-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-06-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-09-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-04-10
    🔓
    Charge satisfied #1
  17. 2010-03-29
    🔒
    Charge registered #1
    Lender: The Governor & Company of the Bank of Ireland
  18. 2008-09-03
    🏢
    Company incorporated
    As BASIL KNIPE ELECTRICS LIMITED
  19. 2008-09-03
    ➕
    KNIPE, Basil appointed
    director
  20. 2008-09-03
    ➕
    KNIPE, Lorna appointed
    director
  21. 2008-09-03
    ➕
    CS DIRECTOR SERVICES LIMITED appointed
    corporate-director
  22. 2008-09-03
    ➖
    CS DIRECTOR SERVICES LIMITED resigned
    corporate-director

Owner dependency

99/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +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 "KNIPE" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 18 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

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

🏛️
Ajrm Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
BASIL KNIPE ELECTRICS LIMITED
This company · NI070354

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
Ajrm Holdings Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control30/06/2021
2 historic (ceased) PSCs
  • Mr Basil Knipeceased 30/06/2021· 25-50% shares · 25-50% voting
  • Mrs Lorna Knipeceased 30/06/2021· 25-50% shares · 25-50% voting

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

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
Incorporated2008-09-03
Jurisdictionnorthern-ireland
Primary SIC47540 — Retail sale of electrical household appliances in specialised stores

Registered office

41 Ballymena Road
Ballymoney
BT53 7EX
Northern Ireland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-08-09
Last: 2025-07-26

Officers (2 active · 1 resigned)

KNIPE, Basil→
director · ~61y · appointed 2008-09-03
View their other companies + combined net worth →
Active
KNIPE, Lorna→
director · ~59y · appointed 2008-09-03
View their other companies + combined net worth →
Active
CS DIRECTOR SERVICES LIMITED→
corporate-director · appointed 2008-09-03 · resigned 2008-09-03
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
The Governor & Company of the Bank of Ireland
Debenture1 property29/03/201010/04/2015

Recent filings (53 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-05
accounts-with-accounts-type-full
accounts · AA
2025-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-05
accounts-with-accounts-type-full
accounts · AA
2024-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-28
accounts-with-accounts-type-full
accounts · AA
2023-06-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-07-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-07-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-07-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-15