ARMSTRONG LYON HYDRAULICS LIMITED
- · Oldest live charge 52.7y old — refinance window within 12 months
Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (93/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
3 live charges · 2 lenders · oldest 52.7y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 52.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Average employees | 500 | 500 |
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
- • 2 persons-with-significant-control
- • 1 confirmation-statement
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Corporate timeline (30 events)Click to expand
- 2026-04-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-04-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-05📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2025-11-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-11-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-22➖THOMAS, William Rees resigneddirector
- 2024-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-05-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-05-25🔓Charge satisfied #2
- 2023-05-25🔓Charge satisfied #1
- 2022-08-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-09-08🔒Charge registered #3Lender: 4SYTE Limited
- 2021-08-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2006-09-30➕SMITH, Nigel Ian appointeddirector
- 2006-09-30➕THOMAS, David Rees appointeddirector
- 2002-08-01➕THOMAS, David Rees appointedsecretary
- 2002-08-01➖THOMAS, Hilda Christina resignedsecretary
- 1996-12-12➖SPRAGUE, Jack resigneddirector
- 1996-12-12➖SPRAGUE, Sydney resigneddirector
- 1973-12-20🔒Charge registered #2Lender: Barclays Bank PLC
- 1973-09-24🔒Charge registered #1Lender: Barclays Bank PLC
- 1972-09-06🏢Company incorporatedAs ARMSTRONG LYON HYDRAULICS 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.
- +Founder age: Director aged approximately 72 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 20 years.
- secondaryStable-but-static management: Company is 54 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 ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Rees Thomas Individual · British · DOB 02/1967 · age 59 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/03/2026 |
2 historic (ceased) PSCs
- Mrs Hilda Christina Thomasceased 01/03/2026· 75-100% shares · 75-100% voting · board control
- Mr William Rees Thomasceased 22/02/2025· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · L postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AMEA SERVICES UK LTD→ 12317921 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AMES GOLDSMITH U.K. LIMITED→ 05951718 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| AP BOWERS LTD→ 16683446 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| APC ASSETS LIMITED→ 12838524 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| APEX BESPOKE CARPENTRY LTD→ 13927877 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ARCHIME GATES LIMITED→ 16860338 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AS ROLLER SHUTTERS LTD→ 16391419 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ASTRAEA SYSTEMS LIMITED→ 16098281 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ASTRAL WEEKS LIMITED→ 14841785 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ASYA COMMERCIAL KITCHEN LTD→ 15767210 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ATELIER SAINT CLARE LIMITED→ 10932883 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ATINGA UK PRODUCTIONS LIMITED→ 14476972 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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 (3 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | 4SYTE 4SYTE Limited | A registered charge | 1 property | 08/09/2021 | — | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 20/12/1973 | 25/05/2023 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 24/09/1973 | 25/05/2023 |