ABLE LIFTING GEAR (SWANSEA) LIMITED

🌳Matureactive
01216462 · ltd · incorporated 1975-06-18
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£643.0k
book net assets
Opportunity
79/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (83/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

7 live charges · 4 lenders · oldest 46.8y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 46.8 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
118 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
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 £643,045

Key financials

2 years extracted from filed iXBRL accounts
Cash
£467k
Net Worth
£643k
Current Assets
£761k
Current Liabilities
—
£0£152k£304k£456k£609k£761kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£678.5k—
Current assets£760.6k—
Cash£467.1k—
Debtors£283.5k—
Net assets£643.0k—
Average employees—1000

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2025-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-19
    ➕
    TATE, Petra Elizabeth appointed
    director
  3. 2025-03-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-01-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-11-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2021-11-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2021-04-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-11-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-01-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-01-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-12-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-09-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2011-06-20
    ➖
    CRADDOCK, Denyka Jane resigned
    secretary
  18. 2011-06-20
    ➖
    CRADDOCK, Denyka Jane resigned
    director
  19. 2010-11-24
    🔓
    Charge satisfied #7
  20. 2010-11-24
    🔓
    Charge satisfied #6
  21. 2002-03-27
    🔒
    Charge registered #7
    Lender: Rdm Factors Limited
  22. 2000-10-23
    🔒
    Charge registered #6
    Lender: Lloyds Tsb Commercial Finance Limited Trading as Alex Lawrie Factors
  23. 1993-05-14
    🔒
    Charge registered #5
    Lender: Lloyds Bank PLC
  24. 1993-02-18
    ➕
    TATE, Nigel Bruce appointed
    director
  25. 1993-02-18
    ➕
    CRADDOCK, Denyka Jane appointed
    secretary
  26. 1993-02-18
    ➖
    CRADDOCK, Valerie Ann resigned
    secretary
  27. 1993-02-18
    ➕
    CRADDOCK, Denyka Jane appointed
    director
  28. 1993-02-18
    ➖
    CRADDOCK, Derrick resigned
    director
  29. 1993-02-18
    ➖
    CRADDOCK, Valerie Ann resigned
    director
  30. 1993-02-18
    🔒
    Charge registered #4
    Lender: Lloyds Bank PLC
  31. 1992-11-10
    🔓
    Charge satisfied #3
  32. 1992-11-10
    🔓
    Charge satisfied #2
  33. 1992-11-10
    🔓
    Charge satisfied #1
  34. 1983-06-29
    🔒
    Charge registered #3
    Lender: Lloyds Bank PLC
  35. 1980-03-18
    🔒
    Charge registered #2
    Lender: Midland Bank PLC
  36. 1979-08-02
    🔒
    Charge registered #1
    Lender: Midland Bank PLC
  37. 1975-06-18
    🏢
    Company incorporated
    As ABLE LIFTING GEAR (SWANSEA) LIMITED

Owner dependency

91/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 33 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

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.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Nigel Bruce Tate
Individual · British · DOB 09/1958 · age 68
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Trade services · SA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
121SECURITYUK LTD→
09100935 · est 2014 · no financials extracted
————11y——
50 SHADES OF CLEAN COMMERCIAL LTD→
14572600 · est 2023 · no financials extracted
————3y——
92 WOODFIELD STREET BARBER LTD→
14519078 · est 2022 · no financials extracted
————3y——
A 101 SOLUTIONS (UK) LTD→
08643223 · est 2013 · no financials extracted
————12y——
A.DAVIES GROUP CYF.→
16749946 · est 2025 · no financials extracted
———————
A1 GARDEN SOLUTIONS WALES LIMITED→
12476840 · est 2020 · no financials extracted
————6y——
ABERTAWE CLEANING SERVICES LTD→
15757819 · est 2024 · no financials extracted
————1y——
ABERTAWE INTERIORS LTD→
15758808 · est 2024 · no financials extracted
————1y——
ABGARDENS ORPINGTON LTD→
16494468 · est 2025 · no financials extracted
———————
ABISAJA LTD→
16151254 · est 2024 · no financials extracted
————1y——
ABLY FIRE SAFETY LIMITED→
10997543 · est 2017 · no financials extracted
————8y——
ABRAHAMS GARDEN SERVICES LIMITED→
08642790 · est 2013 · no financials extracted
————12y——
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
Incorporated1975-06-18
Jurisdictionengland-wales
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Unit 22 St Davids Industrial
Estate St Davids Road
Swansea Enterprise Park
Swansea
SA6 8RX

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-09-14
Last: 2025-08-31

Officers (2 active · 5 resigned)

TATE, Nigel Bruce→
director · ~68y · appointed 1993-02-18
View their other companies + combined net worth →
Active
TATE, Petra Elizabeth→
director · ~64y · appointed 2025-03-19
View their other companies + combined net worth →
Active
CRADDOCK, Denyka Jane→
secretary · appointed 1993-02-18 · resigned 2011-06-20
Resigned
CRADDOCK, Valerie Ann→
secretary · resigned 1993-02-18
Resigned
CRADDOCK, Denyka Jane→
director · ~65y · appointed 1993-02-18 · resigned 2011-06-20
Resigned
CRADDOCK, Derrick→
director · ~89y · resigned 1993-02-18
Resigned
CRADDOCK, Valerie Ann→
director · ~85y · resigned 1993-02-18
Resigned

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

Mortgages & charges

7
Total charges
2
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
satisfied
Rdm Factors
Rdm Factors Limited
All assets debenture1 property27/03/200224/11/2010
satisfied
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited Trading as Alex Lawrie Factors
All assets debenture1 property23/10/200024/11/2010
outstanding
Lloyds Banking Group
Lloyds Bank PLC
Debenture1 property14/05/1993—
outstanding
Lloyds Banking Group
Lloyds Bank PLC
Debenture1 property18/02/1993—
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Legal charge1 property29/06/198310/11/1992
satisfied
Midland Bank
Midland Bank PLC
Floating charge1 property18/03/198010/11/1992
satisfied
Midland Bank
Midland Bank PLC
Mortgage2 properties02/08/197910/11/1992
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (118 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-16
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-12
appoint-person-director-company-with-name-date
officers · AP01
2025-03-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-21
change-person-director-company-with-change-date
officers · CH01
2021-11-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-02