TENNANT METALLURGICAL GROUP LIMITED
🌳Matureactive
00646646 · ltd · incorporated 1960-01-08
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 Dec 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 46720
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 78/100 (strong), bankability 57/100. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
7 live charges · 4 lenders · oldest 35.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 35.7 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (84/100)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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
38 officers (6 active, 38 linked, 35 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
231 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
78/100Strong
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
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
4 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
2
filings
- • 1 mortgage
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (95 events)Click to expand
- 2026-02-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-24🔓Charge satisfied #6
- 2025-09-19📄accounts-with-accounts-type-groupaccounts · AA
- 2025-06-03📄capital-cancellation-sharescapital · SH06
- 2025-06-03📄capital-return-purchase-own-sharescapital · SH03
- 2025-04-22📄capital-name-of-class-of-sharescapital · SH08
- 2025-04-22📄resolutionresolution · RESOLUTIONS
- 2025-04-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-09-16📄accounts-with-accounts-type-groupaccounts · AA
- 2024-06-28➖GLOSSOP, William Francis Gilderoy resigneddirector
- 2024-06-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-13📄capital-cancellation-sharescapital · SH06
- 2024-05-13📄capital-return-purchase-own-sharescapital · SH03
- 2024-05-01📄capital-name-of-class-of-sharescapital · SH08
- 2024-05-01📄resolutionresolution · RESOLUTIONS
- 2024-03-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-27📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-03-27📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-03-22📄resolutionresolution · RESOLUTIONS
- 2024-03-22📄capital-name-of-class-of-sharescapital · SH08
- 2024-03-20➕BRITTON, Liam appointedsecretary
- 2024-03-20➕BRITTON, Liam appointeddirector
- 2024-03-20➖GLOSSOP, William Francis Gilderoy resignedsecretary
- 2024-02-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-16🔒Charge registered #7Lender: Hsbc UK Bank PLC
- 2023-11-01📄capital-cancellation-sharescapital · SH06
- 2023-11-01📄capital-return-purchase-own-sharescapital · SH03
- 2023-10-25📄resolutionresolution · RESOLUTIONS
- 2021-03-08➕COWARD, Michael Lee appointeddirector
- 2021-03-08➕GREEN, Nigel Richard appointeddirector
- 2021-03-08➕WILSON, Stephen Mark appointeddirector
- 2014-02-10➖CUNNINGHAM, John James resigneddirector
- 2013-10-30➖KONSBRUCK, Guy resigneddirector
- 2013-10-30➖SKJOLBERG, Einar Martin resigneddirector
- 2012-09-28➖ABRAHAMSEN, Thorstein resigneddirector
- 2012-09-28➕SKJOLBERG, Einar Martin appointeddirector
- 2011-11-23➖BOGUHN, Bruno resigneddirector
- 2011-11-23➕KONSBRUCK, Guy appointeddirector
- 2011-01-25🔒Charge registered #6Lender: Hsbc Bank PLC
- 2009-11-09➕ABRAHAMSEN, Thorstein appointeddirector
- 2009-11-06➖HAGEN, Einar resigneddirector
- 2009-06-24➕BOGUHN, Bruno appointeddirector
- 2008-10-06➖HOLMSEN, Cato Andreas resigneddirector
- 2008-05-15🔒Charge registered #5Lender: Hsbc Invoice Finance (UK) LTD (the Security Holder)
- 2006-09-28➖BREVIK, Sigbjorn resigneddirector
- 2006-06-01➕HAGEN, Einar appointeddirector
- 2006-05-12🔒Charge registered #4Lender: Hsbc Bank PLC
- 2006-05-04➕GLOSSOP, William Francis Gilderoy appointeddirector
- 2006-05-02➖BARELLI, Giorgio resigneddirector
- 2006-03-31➕GLOSSOP, William Francis Gilderoy appointedsecretary
Showing most recent 50 of 95 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 low6 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Tennant Metallurgical Holdings Ltd holds majority control (50-75%). Likely parent but not wholly-owned.
🏛️majority
Tennant Metallurgical Holdings Ltd
Corporate parent · holds 50-75% shares · board control
⬇
TENNANT METALLURGICAL GROUP LIMITED
This company · 00646646
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Tennant Metallurgical Holdings Ltd Corporate entity | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 24/06/2017 |
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 · Wholesale & distribution · S postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 86 DEGREES COFFEE LTD→ 13563876 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ABAYA PEACE LIMITED→ 11921072 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AC CEMENT LTD→ 12785677 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ACCESS & PLATFORM LIFTS LTD→ 07726952 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ACE COATINGS NORTH LIMITED→ 10043887 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ACE JANITORIAL SUPPLIES LIMITED→ 01185558 · est 1974 · no financials extracted | — | — | — | — | 51y | — | — |
| AD COMMODITIES LIMITED→ 13203655 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ADGIFTDISCOUNTS LIMITED→ 05173778 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| AEGEUS ENERGY SOLUTIONS LIMITED→ 09603543 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AÉRION AVIATION LTD→ 15516663 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AFG FINEST NUTS LIMITED→ 15517357 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AFRICAN SPIRITS LTD→ 15731503 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated1960-01-08
Jurisdictionengland-wales
Primary SIC46720 — SIC 46720
Registered office
Room 111 Dunston Innovation Centre
Dunston Road
Chesterfield
Derbyshire
S41 8NG
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-25
Last: 2026-02-11
Officers (6 active · 32 resigned)
Active
BRITTON, Liam→
Activedirector · ~40y · appointed 2024-03-20
View their other companies + combined net worth →
COWARD, Michael Lee→
Activedirector · ~35y · appointed 2021-03-08
View their other companies + combined net worth →
CUNNINGHAM, Ian Andrew→
Activedirector · ~60y · appointed 1999-10-19
View their other companies + combined net worth →
GREEN, Nigel Richard→
Activedirector · ~58y · appointed 2021-03-08
View their other companies + combined net worth →
WILSON, Stephen Mark→
Activedirector · ~59y · appointed 2021-03-08
View their other companies + combined net worth →
GLOSSOP, William Francis Gilderoy→
Resignedsecretary · appointed 2006-03-31 · resigned 2024-03-20
RASTRICK, Robert→
Resignedsecretary · resigned 2006-03-30
AASER, Svein→
Resigneddirector · ~80y · resigned 1992-05-07
ABRAHAMSEN, Thorstein→
Resigneddirector · ~78y · appointed 2009-11-09 · resigned 2012-09-28
BARELLI, Giorgio→
Resigneddirector · ~80y · appointed 2004-08-11 · resigned 2006-05-02
BERGER, Trond→
Resigneddirector · ~69y · appointed 1993-05-19 · resigned 1996-06-05
BOGUHN, Bruno→
Resigneddirector · ~82y · appointed 2009-06-24 · resigned 2011-11-23
BREVIK, Sigbjorn→
Resigneddirector · ~71y · appointed 2004-08-11 · resigned 2006-09-28
BROYMER, Oyvin Anders→
Resigneddirector · ~78y · appointed 1992-05-07 · resigned 1996-09-18
BRUCE, Lee Graham→
Resigneddirector · ~55y · appointed 2003-09-01 · resigned 2004-08-11
CUNNINGHAM, John James→
Resigneddirector · ~86y · resigned 2014-02-10
GHEZZI, Carlo Arturo→
Resigneddirector · ~60y · appointed 2004-11-05 · resigned 2005-01-18
GHEZZI, Carlo Arturo→
Resigneddirector · ~60y · appointed 2002-01-15 · resigned 2003-09-29
GHEZZI, Gian Luigi→
Resigneddirector · ~96y · appointed 1997-07-18 · resigned 2000-01-07
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
6
Outstanding
2
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 16/02/2024 | — | |
| satisfied | HSBC Hsbc Bank PLC | Legal assignment | 1 property | 25/01/2011 | 24/02/2026 | |
| outstanding | HSBC Hsbc Invoice Finance (UK) LTD (the Security Holder) | Floating charge (all assets) | 1 property | 15/05/2008 | — | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 12/05/2006 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) LTD (the Security Holder) | Fixed charge on purchased debts which fail to vest | 1 property | 25/04/2005 | — | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 20/02/2002 | — | |
| outstanding | Midland Bank Midland Bank PLC | Fixed and floating charge | 1 property | 27/09/1990 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (231 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-11
accounts-with-accounts-type-group
accounts · AA
2025-09-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-24
capital-cancellation-shares
capital · SH06
2025-06-03
capital-return-purchase-own-shares
capital · SH03
2025-06-03
capital-name-of-class-of-shares
capital · SH08
2025-04-22
resolution
resolution · RESOLUTIONS
2025-04-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-04-03
accounts-with-accounts-type-group
accounts · AA
2024-09-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-03
termination-director-company-with-name-termination-date
officers · TM01
2024-06-28
capital-cancellation-shares
capital · SH06
2024-05-13
capital-return-purchase-own-shares
capital · SH03
2024-05-13
capital-name-of-class-of-shares
capital · SH08
2024-05-01