AJAX EQUIPMENT LIMITED

🌳Matureactive

00987764 · ltd · incorporated 1970-08-25

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 43.1y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£1.36M

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 28990

Sector: Manufacturing

Investor take

Pursue

Asset-holding vehicle with a 98-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 98). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

8 live charges · 2 lenders · oldest 43.1y

70/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 43.1 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

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

Lenders & charges

8 charges (8/8 with lender, 8/8 with type)

Directors & officers

8 officers (4 active, 8 linked, 6 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

4 connected companies via shared directors

Filing history

119 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £1,361,551

Cash YoY

+40%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£1.3m

↑ 40% YoY

Net Worth

£1.4m

↑ 31% YoY

Current Assets

£1.5m

↑ 29% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£2.03M	£1.59M
Current assets	£1.46M	£1.13M
Cash	£1.25M	£895.6k
Debtors	£71.1k	£58.9k
Net assets	£1.36M	£1.04M

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

🔒Filing-note intelligence

2 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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (43 events)Click to expand

2026-01-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-01-02
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2019-01-02
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2018-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-10
➕
WATERS, Mark William appointed
secretary
2018-12-10
➖
BATES, Lyndon resigned
secretary
2018-10-22
📄
mortgage-satisfy-charge-full
mortgage · MR04
2018-10-22
🔓
Charge satisfied #8
2018-10-10
📄
mortgage-satisfy-charge-full
mortgage · MR04
2018-10-10
🔓
Charge satisfied #7
2018-08-29
📄
change-person-director-company-with-change-date
officers · CH01
2018-08-29
📄
change-person-director-company-with-change-date
officers · CH01
2018-08-29
📄
change-person-secretary-company-with-change-date
officers · CH03
2018-08-29
📄
change-person-director-company-with-change-date
officers · CH01
2018-08-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-07-11
🔒
Charge registered #8
Lender: The Royal Bank of Scotland PLC
2017-12-02
➖
WATERS, William resigned
director
2017-04-12
➖
CROWDER, John Robert resigned
director
2006-04-01
➕
MCGEE, Edward, Dr appointed
director
2005-03-31
➖
GILLIBRAND, Kevin Joseph resigned
director
2003-06-03
🔒
Charge registered #7
Lender: The Royal Bank of Scotland PLC
2003-03-22
🔓
Charge satisfied #6
2003-03-22
🔓
Charge satisfied #5
2003-03-22
🔓
Charge satisfied #4
2003-03-22
🔓
Charge satisfied #2
2003-03-22
🔓
Charge satisfied #1
2001-04-05
🔒
Charge registered #6
Lender: The Royal Bank of Scotland PLC
2000-01-01
➕
CROWDER, John Robert appointed
director
1996-03-20
🔒
Charge registered #5
Lender: The Royal Bank of Scotland PLC
1994-12-09
🔓
Charge satisfied #3
1993-09-27
➕
WATERS, Mark William appointed
director
1993-09-27
➕
GILLIBRAND, Kevin Joseph appointed
director
1992-11-18
🔒
Charge registered #4
Lender: The Royal Bank of Scotland PLC
1991-06-17
🔒
Charge registered #3
Lender: The Royal Bank of Scotland PLC
1983-05-12
🔒
Charge registered #2
Lender: Williams & Glyn's Bank PLC
1983-05-12
🔒
Charge registered #1
Lender: Williams & Glyn's Bank PLC
1970-08-25
🏢
Company incorporated
As AJAX EQUIPMENT LIMITED

Owner dependency

75/100

High — earn-out structure required

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

FACTORS

+Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 98 — succession pressure is live.

Succession & seller-readiness

90/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 98 years old. Natural succession window is now.
primary20+ year tenure: Director in role 33 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

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.

Group structure

Ajax Equipment Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Ajax Equipment Holdings Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

AJAX EQUIPMENT LIMITED

This company · 00987764

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
Ajax Equipment Holdings Limited Corporate entity	75–100%	—	75-100% shares	14/08/2016

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 · BL postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A BLOCK LIMITED→ 10387088 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
A-MOBILES LTD→ 13403036 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
A.L INSPECTIONS LTD→ 16392403 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ADVANCED TIMBER FRAME LIMITED→ 06735887 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
AFEL BUILDING LTD→ 16940175 · est 2026 · no financials extracted	—	—	—	—	—	—	—
AFO LTD→ 06295904 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
AGR BUILDING & FENCING CONTRACTORS LIMITED→ 03656076 · est 1998 · no financials extracted	—	—	—	—	27y	—	—
AIR2O COOLING LIMITED→ 08926383 · est 2014 · no financials extracted	—	—	—	—	12y	—	—
AIRSPACE LIGHTING LTD→ 16644048 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AJAX EQUIPMENT HOLDINGS LIMITED→ 04712094 · est 2003 · no financials extracted	—	—	—	—	23y	—	—
AKBARI KITCHENS AND BEDROOMS LIMITED→ 16813423 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ALBANY ENGINEERED COMPOSITES, LTD→ 10733036 · est 2017 · no financials extracted	—	—	—	—	8y	—	—

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

Incorporated1970-08-25

Jurisdictionengland-wales

Primary SIC28990 — SIC 28990

Registered office

Milton Works

Mule Street

Bolton

Lancs

BL2 2AR

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-08-28

Last: 2025-08-14

Officers (4 active · 4 resigned)

WATERS, Mark William→

secretary · appointed 2018-12-10

View their other companies + combined net worth →

Active

BATES, Lyndon→

director · ~98y

View their other companies + combined net worth →

Active

MCGEE, Edward, Dr→

director · ~63y · appointed 2006-04-01

View their other companies + combined net worth →

Active

WATERS, Mark William→

director · ~61y · appointed 1993-09-27

View their other companies + combined net worth →

Active

BATES, Lyndon→

secretary · resigned 2018-12-10

Resigned

CROWDER, John Robert→

director · ~74y · appointed 2000-01-01 · resigned 2017-04-12

Resigned

GILLIBRAND, Kevin Joseph→

director · ~86y · appointed 1993-09-27 · resigned 2005-03-31

Resigned

WATERS, William→

director · ~98y · resigned 2017-12-02

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:8 of 8 shown

		Type	Properties
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	A registered charge	—	11/07/2018	22/10/2018
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Charge of deposit	1 property	03/06/2003	10/10/2018
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Charge of deposit	1 property	05/04/2001	22/03/2003
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Legal charge	1 property	20/03/1996	22/03/2003
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Memorandum of cash deposit	1 property	18/11/1992	22/03/2003
satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Debenture	1 property	17/06/1991	09/12/1994
satisfied	Williams & Glyn's Bank Williams & Glyn's Bank PLC	Legal charge	1 property	12/05/1983	22/03/2003
satisfied	Williams & Glyn's Bank Williams & Glyn's Bank PLC	Legal charge	1 property	12/05/1983	22/03/2003