BASE-LINE CONSTRUCTION LTD
🏛️Establishedactive
SC543937 · ltd · incorporated 2016-08-30
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 4.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
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. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 4.0y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~4.0 years — mid-life; refi window approaching.
- · 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 (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
27 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
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-06➕NEILANDS, Blair John appointeddirector
- 2024-03-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-03-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-04-25🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2021-12-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-16📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2020-06-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-06-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-03-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-04-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-01-15📄change-person-director-company-with-change-dateofficers · CH01
- 2019-01-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-05-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-08-30🏢Company incorporatedAs BASE-LINE CONSTRUCTION LTD
- 2016-08-30➕WHELLANS, Ronald appointedsecretary
- 2016-08-30➕WHELLANS, Ronald appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- 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.
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Blair Neilands Individual · British · DOB 04/1987 · age 39 | 25–50% | — | 25-50% shares | 12/06/2020 |
Mr Ronald Whellans Individual · British · DOB 04/1963 · age 63 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/08/2016 |
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 · Construction · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BIELSIDE PROPERTIES LIMITED→ SC252782 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| BO’NESS DECOR LTD→ SC770065 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BOLAND HOLDINGS LIMITED→ SC090936 · est 1984 · no financials extracted | — | — | — | — | 41y | — | — |
| BOND 2 SUCCEED LTD→ SC793998 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BONNYRIGG ELECTRICAL SERVICES LIMITED→ SC839331 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BORDERS ELITE LIMITED→ SC815552 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BORDERS TASK BUSTERS LTD→ SC869998 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BOYD BROTHERS (FAULDHOUSE) LIMITED→ SC080852 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| BOYLE SERVICES HOLDING LIMITED→ SC801683 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BRAW BOTHIES LTD→ SC856857 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BRETT FORFAR JOINERY LTD→ SC863361 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BRICKY SQUAD LTD→ SC789387 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated2016-08-30
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings
Registered office
14-15 Main Street
Longniddry
East Lothian
EH32 0NF
United Kingdom
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-26
Last: 2025-06-12
Officers (3 active · 0 resigned)
Active
NEILANDS, Blair John→
Activedirector · ~39y · appointed 2024-04-06
View their other companies + combined net worth →
WHELLANS, Ronald→
Activedirector · ~63y · appointed 2016-08-30
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 | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 25/04/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (27 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-26
appoint-person-director-company-with-name-date
officers · AP01
2024-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-05-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-06
change-account-reference-date-company-previous-shortened
accounts · AA01
2021-03-16