ADLINGTON WELDING SUPPLIES LIMITED
- 77320Renting and leasing of construction and civil engineering machinery and equipment
Opportunity 68/100 (strong), bankability 57/100. Biggest value-creation lever: Consolidate lender relationships. 12 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (38/100).
Refinance opportunity
13 live charges · 8 lenders · oldest 45.1y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 45.1 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: medium (60/100)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.
Recent activity
Corporate timeline (60 events)Click to expand
- 2025-10-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-17📄accounts-with-accounts-type-fullaccounts · AA
- 2025-08-31➖MACDONALD, Gareth John resigneddirector
- 2024-11-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-21➕RUMGAY, Andrew Stephen appointeddirector
- 2024-07-18📄accounts-with-accounts-type-fullaccounts · AA
- 2024-06-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-31➖CLEMENTS, Gary Robert resigneddirector
- 2024-01-03📄auditors-resignation-companyauditors · AUD
- 2023-09-25📄accounts-with-accounts-type-fullaccounts · AA
- 2023-01-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-01-01➖TURNER, Nigel Andrew resigneddirector
- 2022-05-24📄accounts-with-accounts-type-fullaccounts · AA
- 2021-11-24➕MACDONALD, Gareth John appointeddirector
- 2021-11-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-11-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-11-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-10-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-22🔓Charge satisfied #10
- 2021-10-21🔒Charge registered #13Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
- 2021-10-21🔒Charge registered #12Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
- 2021-08-14📄accounts-with-accounts-type-fullaccounts · AA
- 2021-01-13📄accounts-with-accounts-type-fullaccounts · AA
- 2021-01-08📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-01-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-01-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-12-31➖HUNT, Mark Andrew resignedsecretary
- 2020-12-31➖HUNT, Mark Andrew resigneddirector
- 2020-12-01➕CLEMENTS, Gary Robert appointeddirector
- 2019-09-09📄accounts-with-accounts-type-fullaccounts · AA
- 2019-07-30🔓Charge satisfied #11
- 2019-07-08➖TURNER, Howard Antony resigneddirector
- 2019-02-01➕HANCOCK, Benjamin David appointeddirector
- 2019-02-01➖SCOTT, Stephen James resigneddirector
- 2013-10-08🔓Charge satisfied #8
- 2013-09-23➕SCOTT, Stephen James appointeddirector
- 2013-09-23🔒Charge registered #11Lender: Mark Andrew Hunt (As Security Trustee)
- 2013-09-23🔒Charge registered #10Lender: Pnc Business Credit a Trading Style of Pnc Financial Services UK Limited
- 2013-09-23🔒Charge registered #9Lender: Corpacq PLC (As Security Trustee)
- 2004-08-31➖TURNER, Pauline resigneddirector
- 2004-08-31➖TURNER, William resigneddirector
- 2003-09-19🔓Charge satisfied #6
- 2003-09-19🔓Charge satisfied #5
- 2003-09-19🔓Charge satisfied #3
- 2003-03-03🔒Charge registered #8Lender: Yorkshire Bank PLC
- 2003-02-20🔒Charge registered #7Lender: Yorkshire Bank PLC
- 2001-04-07🔓Charge satisfied #4
- 2001-04-07🔓Charge satisfied #2
- 2000-03-31➕HUNT, Mark Andrew appointedsecretary
- 2000-03-31➖TURNER, Pauline resignedsecretary
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med · 1 lowMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Adlington Welding Supplies (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Adlington Welding Supplies (Holdings) Limited Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 · 10 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) | A registered charge | 1 property | 21/10/2021 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) | A registered charge | 1 property | 21/10/2021 | — | |
| satisfied | Mark Andrew Hunt (As Security Trustee) | A registered charge | 1 property | 23/09/2013 | 30/07/2019 | |
| satisfied | Pnc Business Credit a Trading Style of Pnc Financial Services UK Pnc Business Credit a Trading Style of Pnc Financial Services UK Limited | A registered charge | 1 property | 23/09/2013 | 22/10/2021 | |
| outstanding | Corpacq (As Security Trustee) Corpacq PLC (As Security Trustee) | A registered charge | 4 properties | 23/09/2013 | — | |
| satisfied | Virgin Money Yorkshire Bank PLC | Legal mortgage | 1 property | 03/03/2003 | 08/10/2013 | |
| outstanding | Virgin Money Yorkshire Bank PLC | Debenture | 1 property | 20/02/2003 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 23/12/1998 | 19/09/2003 | |
| satisfied | Royscot Leasing / Royscot Commercial Leasing / Royscot Trust / Royscot Industrial Leasing / Royscot Spa Leasing Royscot Leasing Limited / Royscot Commercial Leasing Limited / Royscot Trust PLC / Royscot Industrial Leasing Limited / Royscot Spa Leasing Limited | Master agreement | 1 property | 25/06/1996 | 19/09/2003 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 23/01/1990 | 07/04/2001 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 16/10/1982 | 19/09/2003 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 27/09/1982 | 07/04/2001 | |
| outstanding | Williams & Glyn's Bank Williams & Glyn's Bank LTD | Deed | 1 property | 27/04/1981 | — |