BNL PROPERTIES LTD
🏛️Establishedactive
SC559778 · ltd · incorporated 2017-03-08
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 7.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£794
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 74/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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
3 live charges · 2 lenders · oldest 7.4y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 7.4 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (81/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
32 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
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £794
Net assets shrinking
Down £3,673 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£794
↓ 82% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £794 | £4.5k |
| Current assets | — | £4.5k |
| Net assets | £794 | £4.5k |
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
3
filings
- • 2 officers
- • 1 confirmation-statement
Last 180 days
4
filings
- • 2 officers
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-02-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-10➕DHILLON, Balraj appointeddirector
- 2026-02-10➖DHILLON, Balraj resigneddirector
- 2025-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-28➕DHILLON, Lauren appointeddirector
- 2023-05-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-05-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-03-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-12-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-09-13🔒Charge registered #3Lender: Charter Court Financial Services Limited Trading as Precise Mortgages
- 2022-08-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-08-25📄change-person-director-company-with-change-dateofficers · CH01
- 2022-08-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-11-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-05-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-03-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-03-05🔒Charge registered #2Lender: Paragon Bank PLC
- 2018-12-20🔒Charge registered #1Lender: Paragon Bank PLC
- 2017-03-08🏢Company incorporatedAs BNL PROPERTIES LTD
- 2017-03-08➕DHILLON, Balraj 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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- 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 |
|---|---|---|---|---|
Mrs Lauren Dhillon Individual · British · DOB 09/1990 · age 36 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 28/03/2023 |
Mr Balraj Dhillon Individual · British · DOB 01/1988 · age 38 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 08/03/2017 |
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 · Property · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BORDEAUX HOMES LTD→ SC808208 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BOUQUET TROIS LIMITED→ SC131116 · est 1991 · no financials extracted | — | — | — | — | 35y | — | — |
| BOW & CO PROPERTY LTD→ SC843435 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BOXROOM INVESTMENTS LIMITED→ SC593595 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| BRAE ( 330 LINLITHGOW ) LIMITED→ SC755055 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| BRAEHEAD PROFESSIONAL SERVICES LIMITED→ SC067966 · est 1979 · no financials extracted | — | — | — | — | 46y | — | — |
| BREAKWATER PROPERTIES LTD→ SC555320 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| BREATHTAKING PROPERTIES LTD→ SC860007 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BRIDGEND GM LIMITED→ SC611861 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BRIDGES PROPERTIES LIMITED→ SC686820 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BRIGHTSTONE HOLDINGS LIMITED→ SC686816 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BRIJESH PROPERTY LTD→ SC873781 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2017-03-08
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
5 South Charlotte Street
Edinburgh
EH2 4AN
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-03
Last: 2026-03-20
Officers (2 active · 1 resigned)
DHILLON, Balraj→
Activedirector · ~38y · appointed 2026-02-10
View their other companies + combined net worth →
DHILLON, Lauren→
Activedirector · ~36y · appointed 2023-05-28
View their other companies + combined net worth →
DHILLON, Balraj→
Resigneddirector · ~38y · appointed 2017-03-08 · resigned 2026-02-10
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Precise Mortgages Charter Court Financial Services Limited Trading as Precise Mortgages | A registered charge | 1 property | 13/09/2022 | — | |
| outstanding | Paragon Paragon Bank PLC / Paragon Mortgages (2010) Limited | A registered charge | — | 05/03/2019 | — | |
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 20/12/2018 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (32 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-26
appoint-person-director-company-with-name-date
officers · AP01
2026-02-19
termination-director-company-with-name-termination-date
officers · TM01
2026-02-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-03
appoint-person-director-company-with-name-date
officers · AP01
2023-05-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-09-13