A.WADE & CO. (NORTHALLERTON) LIMITED
Opportunity 82/100 (exceptional), bankability 57/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
4 live charges · 3 lenders · oldest 55.2y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 55.2 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 43/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (70/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 |
|---|---|
| Average employees | 10 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
Corporate timeline (28 events)Click to expand
- 2025-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-08-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-08-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-08-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-07-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-09-23➕SAXBY, Theresa Jane appointeddirector
- 2024-09-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-09-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-09-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-23📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-08-27➖SAXBY, Frances Elizabeth Ann resignedsecretary
- 2024-08-27➖SAXBY, Frances Elizabeth Ann resigneddirector
- 2023-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-11-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-10-09➖SAXBY, Alan Keith resigneddirector
- 2022-11-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2006-01-01➕SAXBY, Edward Michael appointeddirector
- 1991-03-25🔒Charge registered #4Lender: Midland Bank PLC
- 1978-02-27🔒Charge registered #3Lender: Midland Bank LTD
- 1976-04-22🔒Charge registered #2Lender: Midland Bank LTD
- 1971-03-22🔒Charge registered #1Lender: Frances E a Saxby
- 1970-10-08🏢Company incorporatedAs A.WADE & CO. (NORTHALLERTON) LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Edward Michael Saxby Individual · British · DOB 06/1972 · age 54 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 18/08/2025 |
Mrs Theresa Jane Saxby Individual · British · DOB 03/1966 · age 60 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 18/08/2025 |
4 historic (ceased) PSCs
- Mrs Frances Elizabeth Ann Saxbyceased 18/08/2025· 75-100% shares · 75-100% voting
- Mr Edward Michael Saxbyceased 27/08/2024· 75-100% shares · 75-100% voting
- Mrs Frances Elizabeth Ann Saxbyceased 27/08/2024· 25-50% shares
- Mr Alan Keith Saxbyceased 09/10/2023· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (2 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Midland Bank Midland Bank PLC | Charge on book debts. | 1 property | 25/03/1991 | — | |
| outstanding | Midland Bank Midland Bank LTD | Charge | 1 property | 27/02/1978 | — | |
| outstanding | Midland Bank Midland Bank LTD | Mortgage | 1 property | 22/04/1976 | — | |
| outstanding | Frances E a Saxby | Debenture | 1 property | 22/03/1971 | — |