DEVORAN METALS LIMITED
🌳Matureactive
00882295 · ltd · incorporated 1966-06-27
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 55.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
Investor take
PursueActive trading company with a 64-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (80/100, director aged 64). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 55.9y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 55.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (57/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
120 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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2025-08-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-28📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-28📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-28📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-05-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2021-07-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-02-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-08-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-05-02📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2011-05-01➖ORSMAN, Mary Clemens resigneddirector
- 2006-04-27➕ORSMAN, Tracey Dawn appointeddirector
- 2006-02-21🔓Charge satisfied #4
- 2006-02-21🔓Charge satisfied #3
- 2006-02-21🔓Charge satisfied #2
- 2006-02-21🔓Charge satisfied #1
- 1996-03-12➖ORSMAN, Alexander Richard Coates resigneddirector
- 1993-03-23➕ORSMAN, Frank Richard Coates appointedsecretary
- 1993-03-23➕ORSMAN, Frank Richard Coates appointeddirector
- 1993-03-23➖ORSMAN, Alexander Richard Coates resignedsecretary
- 1993-03-23➕ORSMAN, Mary Clemens appointeddirector
- 1993-02-02➖ORSMAN, William John Fletcher resigneddirector
- 1990-10-26🔒Charge registered #4Lender: Lloyds Bank PLC
- 1990-10-26🔒Charge registered #3Lender: Lloyds Bank PLC
- 1976-09-30🔒Charge registered #2Lender: Lloyds Bank LTD
- 1970-09-01🔒Charge registered #1Lender: Lloyds Bank LTD
- 1966-06-27🏢Company incorporatedAs DEVORAN METALS LIMITED
Owner dependency
84/100
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 33 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
86/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 60 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
Come To Good Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Come To Good Ltd
Corporate parent · holds 75-100% shares · board control
⬇
DEVORAN METALS LIMITED
This company · 00882295
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 |
|---|---|---|---|---|
Come To Good Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 23/02/2021 |
1 historic (ceased) PSC
- Mr Frank Richard Coates Orsmanceased 23/02/2021· 50-75% shares
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 · TR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| COUNTRY COW DESIGNS LIMITED→ 13261839 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| D.C ENGINEERING MAINTENANCE LIMITED→ 14187204 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| DEAD MAN'S HUT LTD→ 14961931 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DIGITAL FABRICATIONS LIMITED→ 08530641 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| DJR ROOF TRUSSES LIMITED→ 01865444 · est 1984 · no financials extracted | — | — | — | — | 41y | — | — |
| DMS CORNWALL LIMITED→ 15267101 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DMS MOORCROFT LIMITED→ 15267089 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DMS SOUTH MOLTON LIMITED→ 15133890 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DNO ELECTRICALS LTD→ 08916778 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| DOLPHIN AEROTECH LTD→ 06183018 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| DOVE BUILDING SERVICES LTD→ 14514800 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| DOWDELL MINING LIMITED→ 08451961 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1966-06-27
Jurisdictionengland-wales
Primary SIC25110 — Manufacture of metal structures and parts of structures
Registered office
Devoran Metals Greenbank Road
Devoran
Truro
Cornwall
TR3 6PQ
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-05-07
Last: 2026-04-23
Officers (3 active · 4 resigned)
ORSMAN, Frank Richard Coates→
Activesecretary · appointed 1993-03-23
View their other companies + combined net worth →
ORSMAN, Frank Richard Coates→
Activedirector · ~64y · appointed 1993-03-23
View their other companies + combined net worth →
ORSMAN, Tracey Dawn→
Activedirector · ~59y · appointed 2006-04-27
View their other companies + combined net worth →
ORSMAN, Alexander Richard Coates→
Resignedsecretary · resigned 1993-03-23
ORSMAN, Alexander Richard Coates→
Resigneddirector · ~92y · resigned 1996-03-12
ORSMAN, Mary Clemens→
Resigneddirector · ~91y · appointed 1993-03-23 · resigned 2011-05-01
ORSMAN, William John Fletcher→
Resigneddirector · ~98y · resigned 1993-02-02
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Mortgage | 1 property | 26/10/1990 | 21/02/2006 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Debenture | 1 property | 26/10/1990 | 21/02/2006 | |
| satisfied | Lloyds Banking Group Lloyds Bank LTD | Mortgage | 1 property | 30/09/1976 | 21/02/2006 | |
| satisfied | Lloyds Banking Group Lloyds Bank LTD | Oral charge. | 1 property | 01/09/1970 | 21/02/2006 |
Recent filings (120 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-29
change-person-director-company-with-change-date
officers · CH01
2024-10-28
change-person-director-company-with-change-date
officers · CH01
2024-10-28
change-person-secretary-company-with-change-date
officers · CH03
2024-10-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-03-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-28