CARTER STEEL LIMITED
🌳Matureactive
00982504 · ltd · incorporated 1970-06-18
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
—
year to May 2025
Net worth
£312.3k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 46720
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 96090Other service activities n.e.c.
Investor take
PursueAsset-holding vehicle with a 89-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 89). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: medium (79/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (4 active, 6 linked, 5 with DOB)
87
Ownership & PSC
3 active PSC(s) of 5 total, 5 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
100 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £312,319
Net assets shrinking
Down £880,022 YoY
Cash YoY
+2%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£217k
↑ 2.3% YoY
Net Worth
£312k
↓ 74% YoY
Current Assets
£704k
↓ 11% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £346.4k | £1.21M |
| Current assets | £703.8k | £792.8k |
| Cash | £216.6k | £211.7k |
| Debtors | £260.0k | £245.9k |
| Net assets | £312.3k | £1.19M |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-02-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-02-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-01-10📄resolutionresolution · RESOLUTIONS
- 2025-01-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-01-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-01-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-01-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-09-06📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-05-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-11-01📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-06-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-06-01➕CARTER, Thomas Edward appointeddirector
- 2022-03-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-03-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-01-30➖CARTER, David, Mr. resigneddirector
- 2021-09-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-10-28📄accounts-amended-with-made-up-dateaccounts · AAMD
- 2020-09-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-07-28📄change-person-director-company-with-change-dateofficers · CH01
- 2020-02-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2006-07-01➕CARTER, James Geoffrey appointeddirector
- 1970-06-18🏢Company incorporatedAs CARTER STEEL LIMITED
- 1911-07-25➖BEARD, Geoffrey resigneddirector
Owner dependency
98/100
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
- +Founder name in company name: Company name contains director surname "CARTER" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 89 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
90/100
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 89 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 56 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Joan May Carter Individual · British · DOB 12/1937 · age 89 | — | — | sig. influencesignificant influence | 17/12/2024 |
Mr James Geoffrey Carter Individual · British · DOB 02/1966 · age 60 | — | — | sig. influencesignificant influence | 17/12/2024 |
Mr Thomas Edward Carter Individual · British · DOB 02/1971 · age 55 | — | — | sig. influencesignificant influence | 17/12/2024 |
2 historic (ceased) PSCs
- Mrs Joan May Carterceased 16/12/2024· 25-50% shares · 25-50% voting · board control
- Mr. David Carterceased 30/01/2022· 25-50% shares · 25-50% 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 →Similar companies
Active · Wholesale & distribution · TS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ATF SUPPLIES LIMITED→ 04223457 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| BELLA UNIVERSE LTD→ 17128979 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BLOUGHRAN LIMITED→ 16506612 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BRIDGESEAL PRODUCTS LIMITED→ 03106251 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| CDS (DISABLED SUPPLIES) 2009 LTD→ 07072751 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| CHAN COMMERCIAL LTD→ 02262832 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| CHARLIES PIZZERIA LTD→ 16377542 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CHARON LTD→ 11707298 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CHEMSEAL SOLUTIONS LTD→ 07156476 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| CITRON GROUP LTD→ 15590011 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| CITY MINI MARKET NORTH ORMESBY LTD→ 16778231 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CKE 2011 LTD→ 14887874 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated1970-06-18
Jurisdictionengland-wales
Primary SIC46720 — SIC 46720
Registered office
Spitfire House 19 Falcon Court
Preston Farm Industrial Estate
Stockton-On-Tees
TS18 3TU
United Kingdom
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-01-22
Last: 2026-01-08
Officers (4 active · 2 resigned)
Active
CARTER, James Geoffrey→
Activedirector · ~60y · appointed 2006-07-01
View their other companies + combined net worth →
Active
CARTER, Thomas Edward→
Activedirector · ~55y · appointed 2022-06-01
View their other companies + combined net worth →
BEARD, Geoffrey→
Resigneddirector · ~115y · resigned 1911-07-25
CARTER, David, Mr.→
Resigneddirector · ~89y · resigned 2022-01-30
Click a director name to see their full track record across all companies.
Recent filings (100 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-02-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-02-19
resolution
resolution · RESOLUTIONS
2025-01-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-17
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-09-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-21