BARNKIRK LTD
- · Thesis: well-run, low negotiation leverage
- 32990Other manufacturing n.e.c.
Opportunity 75/100 (strong), bankability 80/100. 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 -96% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (63/100).
Refinance opportunity
2 live charges · oldest 2.4y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.4 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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 | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £255.9k | £255.5k |
| Current assets | £52.7k | £59.5k |
| Cash | £260 | £6.7k |
| Debtors | £17.0k | £18.8k |
| Net assets | £120.6k | £93.5k |
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 accounts
- • 1 accounts
Corporate timeline (25 events)Click to expand
- 2026-02-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-18🔒Charge registered #2Lender: Together Commercial Finance Limited
- 2023-12-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-01🔒Charge registered #1Lender: Together Commercial Finance Limited
- 2023-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-01-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-01-14➖STEWART, Simon resigneddirector
- 2022-11-02✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2022-11-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-11-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-06-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-06-01➕STEWART, Andrew Jack appointeddirector
- 2022-02-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-02-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2014-12-31➕STEWART, Donna Angela appointedsecretary
- 2014-05-09🏢Company incorporatedAs BARNKIRK LTD
- 2014-05-09➕STEWART, Donna Angela appointeddirector
- 2014-05-09➕STEWART, Simon appointeddirector
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew Jack Stewart Individual · British · DOB 11/2000 · age 26 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/06/2022 |
Mrs Donna Angela Stewart Individual · British · DOB 02/1974 · age 52 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 09/05/2016 |
1 historic (ceased) PSC
- Mr Simon Stewartceased 01/01/2023· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 (3 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 18/12/2023 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | — | 01/12/2023 | — |