BINNING CORP LLP
💤Zombieactive
OC437535 · llp · incorporated 2021-05-20
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 May 2025
Net worth
—
book net assets
Opportunity
56/100
Worth a look
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 56/100 (worth a look), bankability 47/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
10 live charges · 3 lenders · oldest 4.4y
5/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.4 years — mid-life; refi window approaching.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (70/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, no SIC, incorporation date
80
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
56/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
56
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2026-02-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-16📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2025-07-09📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2025-07-07📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2025-07-03📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2025-07-03📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2025-07-01📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2025-07-01📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2025-06-27🔒Charge registered #10Lender: Together Commercial Finance Limited
- 2025-06-27🔒Charge registered #9Lender: Together Commercial Finance Limited
- 2025-06-27🔒Charge registered #8Lender: Together Commercial Finance Limited
- 2025-06-27🔒Charge registered #7Lender: Together Commercial Finance Limited
- 2025-06-27🔒Charge registered #6Lender: Together Commercial Finance Limited
- 2025-06-27🔒Charge registered #5Lender: Together Commercial Finance Limited
- 2025-02-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-21📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-08-20📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-08-06📄gazette-notice-compulsorygazette · GAZ1
- 2024-06-11📍change-registered-office-address-limited-liability-partnership-with-date-old-address-new-addressaddress · LLAD01
- 2024-02-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-18📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-02-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-09📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2022-02-11📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2022-02-11📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2022-02-11🔒Charge registered #4Lender: Together Commercial Finance Limited (Company Registration Number 2058813) Whose Registered Address is Lake View, Lakeside, Cheadle SK8 3GW.
- 2022-02-11🔒Charge registered #3Lender: Together Commercial Finance Limited (Company Registration Number 2058813) Whose Registered Address is Lake View, Lakeside, Cheadle SK8 3GW.
- 2022-01-27📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2022-01-27📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2022-01-25🔒Charge registered #2Lender: Together Commercial Finance Limited (Company Number 2058813) Whose Registered Address is Lake View, Lakeside, Cheadle SK8 3GW
- 2022-01-25🔒Charge registered #1Lender: Together Commercial Finance Limited (Company Number 2058813) Whose Registered Address is Lake View, Lakeside, Cheadle SK8 3GW
- 2021-06-22📄notification-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC01
- 2021-06-22📄change-person-member-limited-liability-partnership-with-name-change-dateofficers · LLCH01
- 2021-05-20🏢Company incorporatedAs BINNING CORP LLP
- 2021-05-20➕BINNING, Kashmir Singh appointedllp-designated-member
- 2021-05-20➕BINNING, Neelam appointedllp-designated-member
- 2021-05-20📄incorporation-limited-liability-partnershipincorporation · LLIN01
Owner dependency
55/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
1 high · 1 med · 1 lowConfirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-06-02
6 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2025-06-27: A registered charge; 2025-06-27: A registered charge; 2025-06-27: A registered charge
10 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kashmir Singh Binning Individual · British · DOB 09/1979 · age 47 | — | — | control reported | 20/05/2021 |
Mrs Neelam Binning Individual · British · DOB 06/1980 · age 46 | — | — | sig. influencesignificant influence | 20/05/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · same sector · WV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 10 PLUS 1 UK LIMITED→ 11343059 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 167 SECURITY AFFAIRS LIMITED→ 17037314 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 18 AK LIMITED→ 16869515 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 18 AVENUE ROAD MANAGEMENT COMPANY LIMITED→ 05865549 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 1STWELLBEING LTD→ 11321153 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 212 RECRUITMENT CONSULTANTS LTD→ 10631677 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 23 MOONS LTD→ 16525682 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 237 AFRO CARIBBEAN MARKET LTD→ 16666221 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 24/7 SUPPORT PRIVATE LIMITED→ 15707123 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 27M CAPITAL MANAGEMENT LIMITED→ 11901074 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 27M CASH MANAGEMENT LTD→ 15873332 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 285 NEWBRIDGE BARBER LOUNGE LTD→ 16260186 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Typellp
Incorporated2021-05-20
Jurisdictionengland-wales
Primary SIC—
Registered office
Unit A5/6 Imex Business Park
Moorfield Road
Wolverhampton
WV2 4QT
England
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-02OVERDUE
Last: 2025-05-19
Officers (2 active · 0 resigned)
BINNING, Kashmir Singh→
Activellp-designated-member · ~47y · appointed 2021-05-20
View their other companies + combined net worth →
BINNING, Neelam→
Activellp-designated-member · ~46y · appointed 2021-05-20
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
10
Outstanding
1
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 2 properties | 27/06/2025 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 27/06/2025 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 2 properties | 27/06/2025 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 27/06/2025 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 27/06/2025 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 27/06/2025 | — | |
| outstanding | Together Money Together Commercial Finance Limited (Company Registration Number 2058813) Whose Registered Address is Lake View, Lakeside, Cheadle SK8 3GW. | A registered charge | 3 properties | 11/02/2022 | — | |
| outstanding | Together Money Together Commercial Finance Limited (Company Registration Number 2058813) Whose Registered Address is Lake View, Lakeside, Cheadle SK8 3GW. | A registered charge | 3 properties | 11/02/2022 | — | |
| outstanding | Together Money Together Commercial Finance Limited (Company Number 2058813) Whose Registered Address is Lake View, Lakeside, Cheadle SK8 3GW | A registered charge | 1 property | 25/01/2022 | — | |
| outstanding | Together Money Together Commercial Finance Limited (Company Number 2058813) Whose Registered Address is Lake View, Lakeside, Cheadle SK8 3GW | A registered charge | 1 property | 25/01/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (24 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-12
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-09-16
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2025-07-09
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2025-07-07
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2025-07-03
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2025-07-03
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2025-07-01
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2025-07-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-26
gazette-filings-brought-up-to-date
gazette · DISS40
2024-08-21
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-08-20
gazette-notice-compulsory
gazette · GAZ1
2024-08-06
change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
address · LLAD01
2024-06-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-16
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-07-18