ACERTEC ENGINEERING LIMITED

🌳Matureactive
00555532 · ltd · incorporated 1955-10-05
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 77/100. Strong seller-intent signal (65/100, director aged 58). Biggest value-creation lever: Consolidate lender relationships. 19 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

24 live charges · 18 lenders · oldest 34.8y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 34.8 years old — likely at or near maturity.
  • · 18 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: medium (60/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
24 charges (24/24 with lender, 24/24 with type)
90
Directors & officers
28 officers (3 active, 28 linked, 22 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
347 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (112 events)Click to expand
  1. 2025-09-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-09-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-10-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-10-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-01-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2022-01-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2022-01-01
    HAWKIN, Matthew Richard appointed
    director
  8. 2021-12-31
    FISHER, Christopher Paul resigned
    director
  9. 2021-10-20
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2021-08-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2021-03-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2020-01-13
    📄
    memorandum-articles
    incorporation · MA
  13. 2020-01-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  14. 2020-01-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2019-11-28
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2019-11-27
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  17. 2019-10-30
    📄
    legacy
    capital · SH20
  18. 2019-10-30
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  19. 2019-10-30
    ⚠️
    legacy
    insolvency · CAP-SS
  20. 2019-10-30
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2016-09-05
    SMITH, Mark John appointed
    secretary
  22. 2016-09-05
    HAYHURST, Michael resigned
    secretary
  23. 2015-12-16
    🔓
    Charge satisfied #24
  24. 2015-12-16
    🔓
    Charge satisfied #23
  25. 2015-12-16
    🔓
    Charge satisfied #22
  26. 2015-12-16
    🔓
    Charge satisfied #21
  27. 2015-11-30
    SMITH, Mark John appointed
    director
  28. 2015-11-30
    FISHER, Christopher Paul appointed
    director
  29. 2015-11-30
    HUSSEY, David Gordon resigned
    director
  30. 2015-11-30
    MACLEOD, Gregory Ian resigned
    director
  31. 2013-08-29
    🔒
    Charge registered #24
    Lender: The Board of the Pension Protection Fund
  32. 2013-08-29
    🔒
    Charge registered #23
    Lender: Barclays Bank PLC as Security Trustee
  33. 2010-06-14
    HUSSEY, David Gordon appointed
    director
  34. 2010-06-14
    KYNASTON, Stephen Lloyd resigned
    director
  35. 2010-06-14
    MACLEOD, Gregory Ian appointed
    director
  36. 2010-06-14
    MORRISS, Andrew Stuart resigned
    director
  37. 2009-06-24
    HUSSEY, David Gordon resigned
    director
  38. 2009-06-24
    MORRISS, Andrew Stuart appointed
    director
  39. 2009-04-01
    DAVIES, John Graeme resigned
    secretary
  40. 2009-04-01
    HAYHURST, Michael appointed
    secretary
  41. 2009-02-02
    LENG, David Brian resigned
    director
  42. 2009-01-01
    KYNASTON, Stephen Lloyd appointed
    director
  43. 2008-12-31
    COOK, Jonathan Charles resigned
    director
  44. 2008-08-29
    LENG, David Brian appointed
    director
  45. 2008-06-09
    HUSSEY, David Gordon appointed
    director
  46. 2008-06-09
    SWORD, John David resigned
    director
  47. 2008-05-01
    COOK, Jonathan Charles appointed
    director
  48. 2007-12-31
    ROACHE, David John resigned
    director
  49. 2007-10-30
    DAVIES, John Graeme appointed
    secretary
  50. 2007-10-30
    ROACHE, David John resigned
    secretary
Showing most recent 50 of 112 events

Owner dependency

66/100
High — earn-out structure required

Material 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 58 — approaching natural succession window.

Succession & seller-readiness

61/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 71 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 high · 1 med ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2019-10-30: legacy

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Stadco Automotive Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Stadco Automotive Limited
Corporate parent · holds 75-100% shares
ultimate parent
ACERTEC ENGINEERING LIMITED
This company · 00555532

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%
NameSharesVoting rightsNature of controlNotified
Stadco Automotive Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting08/12/2019
1 historic (ceased) PSC
  • Acertec (Edstone) Limitedceased 08/12/2019· 75-100% shares · 75-100% voting · board control

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 →

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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
Incorporated1955-10-05
Jurisdictionengland-wales
Primary SIC70100 — Activities of head offices

Registered office

Acertec Engineering Ltd Queensway
Hortonwood
Telford
Shropshire
TF1 7LL
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-05-05
Last: 2026-04-21

Officers (3 active · 25 resigned)

SMITH, Mark John
secretary · appointed 2016-09-05
View their other companies + combined net worth →
Active
HAWKIN, Matthew Richard
director · ~54y · appointed 2022-01-01
View their other companies + combined net worth →
Active
SMITH, Mark John
director · ~58y · appointed 2015-11-30
View their other companies + combined net worth →
Active
DAVIES, John Graeme
secretary · appointed 2007-10-30 · resigned 2009-04-01
Resigned
HAYHURST, Michael
secretary · appointed 2009-04-01 · resigned 2016-09-05
Resigned
HUGHES, Mark Leonard William
secretary · appointed 1996-07-01 · resigned 1999-09-30
Resigned
ROACHE, David John
secretary · appointed 1999-09-30 · resigned 2007-10-30
Resigned
SMITH, Alastair Moray
secretary · resigned 1996-06-30
Resigned
COOK, Jonathan Charles
director · ~68y · appointed 2008-05-01 · resigned 2008-12-31
Resigned
DONALD, Ian Francis
director · ~98y · resigned 1999-05-24
Resigned
FISHER, Christopher Paul
director · ~64y · appointed 2015-11-30 · resigned 2021-12-31
Resigned
HALL, John
director · ~85y · resigned 1994-08-01
Resigned
HALL, Richard Nicholas Congreve
director · ~89y · resigned 1999-05-24
Resigned
HINKINS, Brian Edward Walter
director · ~97y · resigned 1995-04-20
Resigned
HUGHES, Mark Leonard William
director · ~71y · appointed 1996-07-01 · resigned 1999-09-30
Resigned
HUSSEY, David Gordon
director · ~78y · appointed 2010-06-14 · resigned 2015-11-30
Resigned
HUSSEY, David Gordon
director · ~78y · appointed 2008-06-09 · resigned 2009-06-24
Resigned
KYNASTON, Stephen Lloyd
director · ~67y · appointed 2009-01-01 · resigned 2010-06-14
Resigned
LENG, David Brian
director · ~64y · appointed 2008-08-29 · resigned 2009-02-02
Resigned
MACLEOD, Gregory Ian
director · ~66y · appointed 2010-06-14 · resigned 2015-11-30
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

24
Total charges
0
Outstanding
0
Active lenders
Status:Lender:24 of 24 shown
TypeProperties
satisfied
The Board of the Pension Protection Fund
A registered charge3 properties29/08/201316/12/2015
satisfied
Barclays
Barclays Bank PLC as Security Trustee
A registered charge1 property29/08/201316/12/2015
satisfied
Barclays
Barclays Bank PLC (Security Trustee)
Deed of charge over shares1 property23/11/200516/12/2015
satisfied
Barclays
Barclays Bank PLC 'Security Trustee'
Debenture1 property23/11/200516/12/2015
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Deed of charge1 property28/02/200310/01/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Deed of charge1 property28/02/200310/01/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Debenture1 property28/02/200310/01/2006
satisfied
Chase Manhattan International (As Security Agent)
Chase Manhattan International Limited(As Security Agent)
A hong kong law governed supplemental debenture dated 24TH august 19991 property24/08/199911/12/2003
satisfied
Chase Manhattan International (As Security Agent)
Chase Manhattan International Limited(As Security Agent)
A singapore law governed supplemental debenture dated 24TH august 19991 property24/08/199911/12/2003
satisfied
Chase Manhattan International as Security Agent for and on Behalf of the Financeparties (As Defined in the Supplemental Debenture) from Time to Time
Chase Manhattan International Limited as Security Agent for and on Behalf of the Financeparties (As Defined in the Supplemental Debenture) from Time to Time
Supplemental debenture to target group debenture1 property24/08/199911/12/2003
satisfied
Chase Manhattan International
Chase Manhattan International Limited
A composite guarantee and debenture1 property23/07/199911/12/2003
satisfied
Chase Manhattan International
Chase Manhattan International Limited
A composite (singapore law governed) guarantee and debenture1 property23/07/199911/12/2003
satisfied
Chase Manhattan International
Chase Manhattan International Limited
A composite (hong kong law governed) guarantee and debenture1 property23/07/199911/12/2003
satisfied
The Sumitomo Bank
The Sumitomo Bank Limited
A mortgage of shares1 property25/02/199817/02/2000
satisfied
National Westminster Bank
National Westminster Bank PLC
Supplemental legal charge1 property04/04/199621/11/1997
satisfied
National Westminster Bank ,as Agent and Trustee for Itself and the Other Secured Parties(As Defined)
National Westminster Bank PLC,as Agent and Trustee for Itself and the Other Secured Parties(As Defined)
Debenture1 property15/08/199521/11/1997
satisfied
Samuel Montagu & Co. Limitedas Agent and Trustee for Itself,the Arranger,and for Each Bank (As Defined in the Guarantee Facility)
Composite guarantee and debenture1 property25/01/199419/10/1995
satisfied
Svenska Handelsbanken
Composite guarantee and debenture1 property18/06/199319/10/1995
satisfied
Lloyds Banking Group
Samuel Montagu & Co.Limitedthe "Agent and Arranger" / Bank of Scotland / The Royal Bank of Scotland PLC / Midland Bank PLC
Supplemental composite guarantee and debenture1 property11/05/199319/10/1995
satisfied
Standard Chartered Bank
Composite guarantee and debenture1 property05/03/199319/10/1995
satisfied
Samuel Montagu & Co.
Samuel Montagu & Co.Limited
Guarantee and debenture1 property05/03/199319/10/1995
satisfied
Midland Bank
Midland Bank PLC
Composite guarantee and debenture1 property05/03/199319/10/1995
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Fixed charge1 property06/08/199109/03/1993
satisfied
Midland Bank
Midland Bank PLC
Charge on book debts.1 property19/07/199109/03/1993

Recent filings (347 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-24
accounts-with-accounts-type-dormant
accounts · AA
2025-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-25
accounts-with-accounts-type-dormant
accounts · AA
2024-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-22
accounts-with-accounts-type-dormant
accounts · AA
2023-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-02
accounts-with-accounts-type-dormant
accounts · AA
2022-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-21
termination-director-company-with-name-termination-date
officers · TM01
2022-01-16
appoint-person-director-company-with-name-date
officers · AP01
2022-01-16
accounts-with-accounts-type-full
accounts · AA
2021-10-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-12
accounts-with-accounts-type-full
accounts · AA
2021-03-08