ADELAIDE ENGINEERING COMPANY LIMITED
🌳Matureactive
00650793 · ltd · incorporated 1960-02-29
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
79/100
Strong
What this business does
Primary activity: Machining
Sector: Manufacturing
ALSO REGISTERED FOR
- 25990SIC 25990
Investor take
PursueActive trading company with a 81-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (83/100, director aged 81). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
15 live charges · 5 lenders · oldest 33.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 33.7 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
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, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
15 charges (15/15 with lender, 15/15 with type)
90
Directors & officers
11 officers (3 active, 11 linked, 9 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
153 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
10
filings
- • 10 mortgage
Last 180 days
13
filings
- • 11 mortgage
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (65 events)Click to expand
- 2026-05-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-05-02🔓Charge satisfied #9
- 2026-04-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-23🔓Charge satisfied #10
- 2026-04-23🔓Charge satisfied #8
- 2026-04-23🔓Charge satisfied #7
- 2026-04-23🔓Charge satisfied #5
- 2026-04-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-22🔓Charge satisfied #13
- 2026-04-22🔓Charge satisfied #12
- 2026-04-22🔓Charge satisfied #11
- 2026-03-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-26🔒Charge registered #15Lender: National Westminster Bank PLC
- 2026-03-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-16🔒Charge registered #14Lender: National Westminster Bank PLC
- 2026-02-06📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-12-10🔓Charge satisfied #4
- 2025-07-08📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-07-08📄legacyaccounts · PARENT_ACC
- 2025-07-08📄legacyother · GUARANTEE2
- 2025-07-08📄legacyother · AGREEMENT2
- 2024-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-13📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-01-13📄legacyaccounts · PARENT_ACC
- 2024-01-13📄legacyother · AGREEMENT2
- 2024-01-13📄legacyother · GUARANTEE2
- 2023-02-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-06🔒Charge registered #13Lender: Lloyds Bank PLC
- 2019-08-15🔒Charge registered #12Lender: Lloyds Bank PLC
- 2016-07-11🔒Charge registered #11Lender: Lloyds Bank PLC
- 2005-03-21🔒Charge registered #10Lender: Lloyds Tsb Bank PLC
- 2005-03-21🔒Charge registered #9Lender: Lloyds Tsb Bank PLC
- 1999-09-22🔓Charge satisfied #6
- 1999-09-22🔓Charge satisfied #2
- 1999-09-22🔓Charge satisfied #1
- 1999-07-05🔒Charge registered #8Lender: Barclays Bank PLC
- 1999-07-05🔒Charge registered #7Lender: Barclays Bank PLC
- 1996-06-18🔓Charge satisfied #3
- 1996-05-15➕PARKES, Christopher James appointedsecretary
- 1996-05-15➕PARKES, Christopher James appointeddirector
- 1996-05-15➕PARKES, Robert William appointeddirector
- 1996-05-15➖SUTCLIFFE, Steven Roger resignedsecretary
- 1996-05-15➖GOODWIN, John Robert resigneddirector
- 1996-05-15➖SUTCLIFFE, Steven Roger resigneddirector
Showing most recent 50 of 65 events
Owner dependency
91/100
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 30 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 81 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
96/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 66 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 ·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
Robert Parkes (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Robert Parkes (Holdings) Limited
Corporate parent · holds 75-100% shares · board control
⬇
ADELAIDE ENGINEERING COMPANY LIMITED
This company · 00650793
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 |
|---|---|---|---|---|
Robert Parkes (Holdings) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 31/12/2020 |
1 historic (ceased) PSC
- Mr Robert William Parkesceased 31/12/2020· significant influence
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 · WS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & P HOME MAINTENANCE LIMITED→ 04635586 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| ALL STEEL FENCING NATIONWIDE LTD→ 13501702 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ALL STEEL FENCING SUPPLIES LTD→ 15996441 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALRIGHT ENGINEERING LIMITED→ 12460400 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ALSON ENGINEERING LIMITED→ 04864509 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ALT CNC MACHINE TOOL SERVICES LTD.→ 08383619 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ALTOR CONSULTING LIMITED→ 12389434 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ALUCAST LIMITED→ 04881298 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ALUNA INTERIORS LIMITED→ 14242930 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALUTEC UK LIMITED→ 03035795 · est 1995 · no financials extracted | — | — | — | — | 31y | — | — |
| AMARI METALS ENGINEERING GROUP LIMITED→ 14134425 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AMEG LIMITED→ 14134459 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1960-02-29
Jurisdictionengland-wales
Primary SIC25620 — Machining
Registered office
Presco House
Selborne Street
Walsall
WS1 2JN
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-16
Last: 2026-01-02
Officers (3 active · 8 resigned)
PARKES, Christopher James→
Activesecretary · appointed 1996-05-15
View their other companies + combined net worth →
PARKES, Christopher James→
Activedirector · ~55y · appointed 1996-05-15
View their other companies + combined net worth →
PARKES, Robert William→
Activedirector · ~81y · appointed 1996-05-15
View their other companies + combined net worth →
SUTCLIFFE, Steven Roger→
Resignedsecretary · resigned 1996-05-15
CLEGG, Brian Leslie→
Resigneddirector · ~77y · resigned 1992-03-30
DRACUP, James Brian Hedley→
Resigneddirector · ~68y · appointed 1994-11-07 · resigned 1995-02-28
DRACUP, Michael Henry Empsall→
Resigneddirector · ~96y · resigned 1992-10-09
GOODWIN, John Robert→
Resigneddirector · ~79y · appointed 1994-11-07 · resigned 1996-05-15
KITCHEN, John Martin→
Resigneddirector · ~92y · resigned 1995-06-30
PARKER, Martin Ross→
Resigneddirector · ~85y · appointed 1995-05-19 · resigned 1995-08-15
SUTCLIFFE, Steven Roger→
Resigneddirector · ~75y · resigned 1996-05-15
Click a director name to see their full track record across all companies.
Mortgages & charges
15
Total charges
2
Outstanding
1
Active lenders
Status:Lender:15 of 15 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 26/03/2026 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 16/03/2026 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 06/02/2023 | 22/04/2026 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 15/08/2019 | 22/04/2026 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 11/07/2016 | 22/04/2026 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 21/03/2005 | 23/04/2026 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 21/03/2005 | 02/05/2026 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 05/07/1999 | 23/04/2026 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 05/07/1999 | 23/04/2026 | |
| satisfied | Barclays Barclays Bank PLC,as Trustee for the Lenders | Guarantee and debenture | 1 property | 10/02/1994 | 22/09/1999 | |
| satisfied | Barclays Barclays Bank PLC | Chattel mortgage | 1 property | 10/02/1994 | 23/04/2026 | |
| satisfied | Barclays Barclays Bank PLC | Assignment of debts | 1 property | 10/02/1994 | 10/12/2025 | |
| satisfied | Barclays Barclays Bank PLC | Assignment | 1 property | 24/05/1993 | 18/06/1996 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee and debenture | 1 property | 09/10/1992 | 22/09/1999 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 09/10/1992 | 22/09/1999 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (153 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-05-02
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-23
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-23
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-23
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-23
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-22
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-22
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-11
change-person-director-company-with-change-date
officers · CH01
2026-02-06
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-10
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-07-08
legacy
accounts · PARENT_ACC
2025-07-08