C.F.STRUTHERS LIMITED
🌳Matureactive
00262479 · ltd · incorporated 1932-02-05
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2024
Net worth
£8.07M
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
Investor take
Special-situation opportunityDistressed manufacturing with salvageable qualities — special-situations priority.
Opportunity 71/100 (strong), bankability 57/100. Strong seller-intent signal (78/100, director aged 68). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
12 live charges · 7 lenders · oldest 57.3y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 57.3 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
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
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
13 officers (3 active, 13 linked, 8 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
156 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £8,071,967
Cash YoY
+466%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£969k
↑ 466% YoY
Net Worth
£8.1m
↑ 4.2% YoY
Current Assets
£7.1m
↑ 22% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-06-30 | 2023-06-30 |
|---|---|---|
| Total assets | £9.57M | £9.39M |
| Current assets | £7.11M | £5.82M |
| Cash | £968.5k | £171.0k |
| Debtors | £4.81M | £4.31M |
| Net assets | £8.07M | £7.75M |
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 (62 events)Click to expand
- 2025-10-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-20🔓Charge satisfied #10
- 2025-10-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-16🔓Charge satisfied #9
- 2025-10-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-15🔒Charge registered #12Lender: Hsbc UK Bank PLC
- 2025-10-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-25🔒Charge registered #11Lender: Hsbc UK Bank PLC
- 2025-08-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-08-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-03-28📄accounts-with-accounts-type-mediumaccounts · AA
- 2024-03-28📄accounts-with-accounts-type-fullaccounts · AA
- 2023-03-31📄accounts-with-accounts-type-fullaccounts · AA
- 2022-06-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-06-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-06-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-06-24🔒Charge registered #10Lender: Handelsbanken PLC
- 2022-06-24🔒Charge registered #9Lender: Handelsbanken PLC
- 2022-06-24🔓Charge satisfied #8
- 2022-06-24🔓Charge satisfied #7
- 2022-06-24🔓Charge satisfied #6
- 2022-04-01📄accounts-with-accounts-type-fullaccounts · AA
- 2022-01-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-06-30📄accounts-with-accounts-type-fullaccounts · AA
- 2020-11-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-11-01➕GRAVES, Martin John appointeddirector
- 2020-09-17📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2020-07-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-07-01🔒Charge registered #8Lender: Tudorhead Holdings Limited
- 2020-01-27🔓Charge satisfied #5
- 2020-01-27🔓Charge satisfied #4
- 2020-01-27🔓Charge satisfied #3
- 2020-01-24🔒Charge registered #7Lender: Tudorhead Holdings Limited (08557924)
- 2020-01-24🔒Charge registered #6Lender: Tudorhead Holdings Limited (08557924)
- 2018-07-01➕GRAVES, Martin John appointedsecretary
- 2018-06-30➖WRAY, Stephen John resignedsecretary
- 2018-06-30➖WRAY, Stephen John resigneddirector
- 2009-08-04➖TATE, Richard resigneddirector
- 2009-07-27➕WRAY, Stephen John appointeddirector
- 2009-05-01➖TATE, Richard resignedsecretary
- 2009-05-01➕WRAY, Stephen John appointedsecretary
- 2009-03-25➖AITCHISON, Iain Alistair resignedsecretary
- 2009-03-25➕TATE, Richard appointedsecretary
- 2005-01-01➕AITCHISON, Iain Alistair appointedsecretary
- 2005-01-01➖TAYLOR, Robert Arthur resignedsecretary
- 2004-10-07🔒Charge registered #5Lender: Svenska Handelsbanken Ab (Publ)
- 2004-05-07🔓Charge satisfied #2
- 2004-05-07🔓Charge satisfied #1
Showing most recent 50 of 62 events
Owner dependency
83/100
Critical — business is the founderThe 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.
- +Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
81/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 94 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high · 1 med ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-05-18
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
C F Struthers ( Hull) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
C F Struthers ( Hull) Limited
Corporate parent · holds 75-100% shares
⬇
C.F.STRUTHERS LIMITED
This company · 00262479
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
C F Struthers ( Hull) Limited Corporate entity | 75–100% | — | 75-100% shares | 01/01/2025 |
1 historic (ceased) PSC
- Mr Neil Burtonceased 01/01/2025· 75-100% shares
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 · Manufacturing · HU postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BLADE RESTORE LTD→ 15483549 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BLUESKY UPHOLSTERY LIMITED→ 10738636 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BOREAS SNOW SPORTS LIMITED→ 17017428 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BRAND GRAPHICS LIMITED→ 11483331 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BROWNINGS LIMITED→ 02820556 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| BRR ELECTRICAL LTD→ 16506681 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BUBBLES HANDMADE COSMETICS LTD→ 14132286 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BUZZARD SUBSEA CONSULTANCY LIMITED→ 15385619 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BYWAY CRAFT CO LTD→ 16327755 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| C.B.NORTH (TIMBER) LIMITED→ 12568500 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CABUNG LIMITED→ 10519971 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CAR PHONE INSTALLATIONS LIMITED→ 04113035 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
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
Typeltd
Incorporated1932-02-05
Jurisdictionengland-wales
Primary SIC25110 — Manufacture of metal structures and parts of structures
Registered office
Millennium Works
Valletta Street
Hull
HU9 5NP
England
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-05-18OVERDUE
Last: 2025-05-04
Officers (3 active · 10 resigned)
GRAVES, Martin John→
Activesecretary · appointed 2018-07-01
View their other companies + combined net worth →
BURTON, Neil→
Activedirector · ~68y · appointed 1991-08-19
View their other companies + combined net worth →
GRAVES, Martin John→
Activedirector · ~67y · appointed 2020-11-01
View their other companies + combined net worth →
AITCHISON, Iain Alistair→
Resignedsecretary · appointed 2005-01-01 · resigned 2009-03-25
TATE, Richard→
Resignedsecretary · appointed 2009-03-25 · resigned 2009-05-01
TAYLOR, Robert Arthur→
Resignedsecretary · resigned 2005-01-01
WRAY, Stephen John→
Resignedsecretary · appointed 2009-05-01 · resigned 2018-06-30
CARTER, Ann Marjorie→
Resigneddirector · ~89y · appointed 2002-04-01 · resigned 2004-05-05
CARTER, David Richard→
Resigneddirector · ~88y · resigned 2004-05-05
CARTER, Mark Benjamin Richard→
Resigneddirector · ~64y · appointed 2000-06-06 · resigned 2004-05-05
TATE, Richard→
Resigneddirector · ~81y · resigned 2009-08-04
TAYLOR, Robert Arthur→
Resigneddirector · ~86y · resigned 2004-05-05
WRAY, Stephen John→
Resigneddirector · ~73y · appointed 2009-07-27 · resigned 2018-06-30
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
2
Outstanding
1
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 15/10/2025 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 25/09/2025 | — | |
| satisfied | Handelsbanken Handelsbanken PLC | A registered charge | — | 24/06/2022 | 20/10/2025 | |
| satisfied | Handelsbanken Handelsbanken PLC | A registered charge | 1 property | 24/06/2022 | 16/10/2025 | |
| satisfied | Tudorhead Holdings Tudorhead Holdings Limited | A registered charge | — | 01/07/2020 | 24/06/2022 | |
| satisfied | Tudorhead Holdings (08557924) Tudorhead Holdings Limited (08557924) | A registered charge | 1 property | 24/01/2020 | 24/06/2022 | |
| satisfied | Tudorhead Holdings (08557924) Tudorhead Holdings Limited (08557924) | A registered charge | — | 24/01/2020 | 24/06/2022 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Deed of assignment of life policy | 1 property | 07/10/2004 | 27/01/2020 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Legal mortgage | 1 property | 05/05/2004 | 27/01/2020 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Debenture | 1 property | 05/05/2004 | 27/01/2020 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 26/04/2002 | 07/05/2004 | |
| satisfied | National Provincial Bank National Provincial Bank LTD | General charge | 1 property | 17/03/1969 | 07/05/2004 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (156 total)
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-20
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-08-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-12
accounts-with-accounts-type-medium
accounts · AA
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-10
accounts-with-accounts-type-full
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-11
accounts-with-accounts-type-full
accounts · AA
2023-03-31
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-06-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-06-24