A.C. LESTER & SON LIMITED

🌳Matureactive
00755749 · ltd · incorporated 1963-03-29
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
£5.39M
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 52103
Sector: Transportation & storage
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 78/100 (strong), bankability 85/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -40% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

7 live charges · 2 lenders · oldest 60.7y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 60.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (81/100)

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
7 officers (4 active, 7 linked, 6 with DOB)
87
Ownership & PSC
0 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
116 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £5,387,023
Net assets shrinking
Down £1,493,344 YoY
Cash YoY
-40%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£817k
↓ 40% YoY
Net Worth
£5.4m
↓ 22% YoY
Current Assets
£915k
↓ 36% YoY
Current Liabilities
£0£1.4m£2.8m£4.1m£5.5m£6.9mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£5.70M£7.22M
Current assets£914.8k£1.43M
Cash£817.3k£1.36M
Debtors£97.5k£64.5k
Net assets£5.39M£6.88M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
5
filings
  • 4 officers
  • 1 address
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
  1. 2025-12-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-12-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-12-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-12-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-12-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-08-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-12-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-12-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-12-12
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2024-12-01
    LESTER, Robert George resigned
    secretary
  11. 2024-11-30
    LESTER, Kenneth Alfred John resigned
    director
  12. 2024-11-30
    LESTER, Robert George resigned
    director
  13. 2024-11-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2024-11-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2024-11-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2024-11-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2024-11-01
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  18. 2024-10-25
    LESTER, Charles George appointed
    director
  19. 2024-10-25
    LESTER, Henry Robert Kerr appointed
    director
  20. 2024-10-25
    SATCHWELL, Victoria Claire appointed
    director
  21. 2024-10-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  22. 2024-10-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  23. 2024-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2023-08-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2022-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2021-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  27. 2015-08-14
    🔓
    Charge satisfied #7
  28. 2015-07-23
    🔓
    Charge satisfied #6
  29. 2005-09-23
    🔓
    Charge satisfied #5
  30. 2005-09-23
    🔓
    Charge satisfied #4
  31. 2005-09-23
    🔓
    Charge satisfied #3
  32. 2005-09-23
    🔓
    Charge satisfied #2
  33. 2005-09-23
    🔓
    Charge satisfied #1
  34. 2002-07-14
    🔒
    Charge registered #7
    Lender: National Westminster Bank PLC
  35. 2002-07-14
    🔒
    Charge registered #6
    Lender: National Westminster Bank PLC
  36. 1969-08-04
    🔒
    Charge registered #5
    Lender: Westminster Bank Limited.
  37. 1969-08-04
    🔒
    Charge registered #4
    Lender: Westminster Bank Limited.
  38. 1968-04-03
    🔒
    Charge registered #3
    Lender: Westminster Bank Limited.
  39. 1968-04-03
    🔒
    Charge registered #2
    Lender: Westminster Bank Limited.
  40. 1965-09-08
    🔒
    Charge registered #1
    Lender: Westminster Bank Limited.
  41. 1963-03-29
    🏢
    Company incorporated
    As A.C. LESTER & SON LIMITED

Owner dependency

78/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder name in company name: Company name contains director surname "LESTER" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 77 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

20/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — LESTER, Charles George (same surname) appointed 2024-10-25. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.

Red flags

1 med ·
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.

🔒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
Incorporated1963-03-29
Jurisdictionengland-wales
Primary SIC52103 — SIC 52103

Registered office

Hilliard House
Lester Way
Wallingford
Oxon
OX10 9TA
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-04
Last: 2025-06-20

Officers (4 active · 3 resigned)

LESTER, Charles George
director · ~37y · appointed 2024-10-25
View their other companies + combined net worth →
Active
LESTER, Henry Robert Kerr
director · ~40y · appointed 2024-10-25
View their other companies + combined net worth →
Active
LESTER, Richard Charles
director · ~77y
View their other companies + combined net worth →
Active
SATCHWELL, Victoria Claire
director · ~53y · appointed 2024-10-25
View their other companies + combined net worth →
Active
LESTER, Robert George
secretary · resigned 2024-12-01
Resigned
LESTER, Kenneth Alfred John
director · ~79y · resigned 2024-11-30
Resigned
LESTER, Robert George
director · ~72y · resigned 2024-11-30
Resigned

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

Mortgages & charges

7
Total charges
0
Outstanding
0
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge over licensed premises1 property14/07/200214/08/2015
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property14/07/200223/07/2015
satisfied
Westminster Bank .
Westminster Bank Limited.
Mortgage1 property04/08/196923/09/2005
satisfied
Westminster Bank .
Westminster Bank Limited.
Mortgage1 property04/08/196923/09/2005
satisfied
Westminster Bank .
Westminster Bank Limited.
Charge of whole1 property03/04/196823/09/2005
satisfied
Westminster Bank .
Westminster Bank Limited.
Legal mortgage1 property03/04/196823/09/2005
satisfied
Westminster Bank .
Westminster Bank Limited.
Legal charge1 property08/09/196523/09/2005

Recent filings (116 total)

change-person-director-company-with-change-date
officers · CH01
2025-12-16
change-person-director-company-with-change-date
officers · CH01
2025-12-15
change-person-director-company-with-change-date
officers · CH01
2025-12-15
change-person-director-company-with-change-date
officers · CH01
2025-12-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-26
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-10
termination-director-company-with-name-termination-date
officers · TM01
2024-12-12
termination-director-company-with-name-termination-date
officers · TM01
2024-12-12
termination-secretary-company-with-name-termination-date
officers · TM02
2024-12-12
appoint-person-director-company-with-name-date
officers · AP01
2024-11-07
appoint-person-director-company-with-name-date
officers · AP01
2024-11-07
appoint-person-director-company-with-name-date
officers · AP01
2024-11-07
change-person-director-company-with-change-date
officers · CH01
2024-11-01
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2024-11-01