AGMEC LIMITED

💤Zombieactive
01225878 · ltd · incorporated 1975-09-10
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
£5.0k
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 44.9y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 44.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
102 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
70
Strong succession / seller-readiness signals.
Risk profile
85
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 £5,000

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£5k
~ YoY
Current Assets
£5k
~ YoY
Current Liabilities
£0£1k£2k£3k£4k£5kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£5.0k£5.0k
Current assets£5.0k£5.0k
Net assets£5.0k£5.0k

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

Recent activity

Last 30 days
0
filings
Last 90 days
3
filings
  • 1 confirmation-statement
  • 1 officers
  • 1 accounts
Last 180 days
4
filings
  • 2 officers
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-04-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-04-03
    WATKINSON, Charles John resigned
    director
  3. 2026-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2026-01-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-01-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-07-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-04-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-05-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2016-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2015-04-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2002-04-30
    ELVIDGE, John Hugh Kenyon resigned
    director
  18. 2000-02-01
    🔓
    Charge satisfied #1
  19. 1998-09-29
    🔒
    Charge registered #2
    Lender: Yorkshire Bank PLC
  20. 1994-10-26
    WILSON, David John resigned
    director
  21. 1981-06-22
    🔒
    Charge registered #1
    Lender: National Westminster Bank LTD
  22. 1975-09-10
    🏢
    Company incorporated
    As AGMEC LIMITED

Owner dependency

90/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

75/100
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 69. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 51 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Corrosioneering Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Corrosioneering Group Limited
Corporate parent · holds 75-100% shares
ultimate parent
AGMEC LIMITED
This company · 01225878

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%
NameSharesVoting rightsNature of controlNotified
Corrosioneering Group Limited
Corporate entity
75100%
75-100% shares06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated1975-09-10
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

Forster Street
Leeds
LS10 1PW

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31

Officers (2 active · 3 resigned)

HARPER, Clive Anthony
secretary
View their other companies + combined net worth →
Active
HARPER, Clive Anthony
director · ~69y
View their other companies + combined net worth →
Active
ELVIDGE, John Hugh Kenyon
director · ~78y · resigned 2002-04-30
Resigned
WATKINSON, Charles John
director · ~80y · resigned 2026-04-03
Resigned
WILSON, David John
director · ~80y · resigned 1994-10-26
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Yorkshire Bank PLC
Debenture1 property29/09/1998
satisfied
National Westminster Bank
National Westminster Bank LTD
Debenture1 property22/06/198101/02/2000
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (102 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-23
termination-director-company-with-name-termination-date
officers · TM01
2026-04-23
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
change-person-director-company-with-change-date
officers · CH01
2026-01-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-31