A.J.T. EQUIPMENT LIMITED
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. 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 (73/100).
Refinance opportunity
7 live charges · 7 lenders · oldest 45.4y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 45.4 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Average employees | 900 | 800 |
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 confirmation-statement
- • 1 confirmation-statement
- • 1 mortgage
Corporate timeline (41 events)Click to expand
- 2026-02-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-06🔓Charge satisfied #4
- 2025-06-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-25📄second-filing-of-annual-return-with-made-up-dateannual-return · RP04AR01
- 2024-03-25📄second-filing-of-annual-return-with-made-up-dateannual-return · RP04AR01
- 2024-02-16📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2023-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-11-22🔒Charge registered #7Lender: Lloyds Bank Commercial Finance LTD
- 2021-05-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2019-09-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-06-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-26📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2019-02-26📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-02-26📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-01-16🔓Charge satisfied #6
- 2018-10-22➕GORDON, Julie appointedsecretary
- 2018-10-22➖GORDON, Ian resignedsecretary
- 2018-10-22➖GORDON, Peter Eric resigneddirector
- 2018-04-06🔓Charge satisfied #5
- 2017-11-16🔒Charge registered #6Lender: Bcrs Business Loans Limited
- 2015-11-13➕GORDON, Ian appointedsecretary
- 2015-11-13➖GORDON, Mary resignedsecretary
- 2013-04-02🔒Charge registered #5Lender: Black Country Reinvestment Society Limited
- 2013-02-23🔓Charge satisfied #3
- 2010-01-04🔒Charge registered #4Lender: Hitachi Capital (UK) PLC Trading as Hitachi Capital Invoice Finance
- 2007-10-23➖GORDON, Neil resigneddirector
- 2004-06-18🔓Charge satisfied #2
- 2003-06-04🔒Charge registered #3Lender: Sygnet Invoice Finance Limited
- 2000-07-21🔒Charge registered #2Lender: Lloyds Tsb Commercial Finance Limited
- 1994-07-01➕GORDON, Ian appointeddirector
- 1994-07-01➕GORDON, Neil appointeddirector
- 1992-07-22➕GORDON, Mary appointedsecretary
- 1992-07-22➖HILL, Derek Charles resignedsecretary
- 1992-07-22➖HILL, Derek Charles resigneddirector
- 1980-12-04🔒Charge registered #1Lender: Lloyds Bank LTD
- 1951-06-28🏢Company incorporatedAs A.J.T. EQUIPMENT LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 75 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Gordon Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Gordon Holdings Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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 (2 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank Commercial Finance LTD | A registered charge | — | 22/11/2021 | — | |
| satisfied | Bcrs Business Loans Bcrs Business Loans Limited | A registered charge | 2 properties | 16/11/2017 | 16/01/2019 | |
| satisfied | Black Country Reinvestment Society Black Country Reinvestment Society Limited | Debenture | 1 property | 02/04/2013 | 06/04/2018 | |
| satisfied | Hitachi Capital (UK) Trading as Hitachi Capital Invoice Finance Hitachi Capital (UK) PLC Trading as Hitachi Capital Invoice Finance | Debenture | 1 property | 04/01/2010 | 06/02/2026 | |
| satisfied | Sygnet Invoice Finance Sygnet Invoice Finance Limited | Agreement | 1 property | 04/06/2003 | 23/02/2013 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 21/07/2000 | 18/06/2004 | |
| outstanding | Lloyds Banking Group Lloyds Bank LTD | Single debenture | 1 property | 04/12/1980 | — |