B.E. LOVEDAY PRECISION ENGINEERING LIMITED

💤Zombieactive
01347707 · ltd · incorporated 1978-01-12
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 Jul 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 79-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 79). 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 43.2y

30/100
under pressure

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

  • · Oldest live charge is 43.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
97 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
-£127k-£96k-£65k-£35k-£4k£27kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Total assets—£27.1k
Current assets—£26.9k
Net assets—£-127.0k
Average employees0—

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-03-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-08-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-04-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-04-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-04-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2019-07-13
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  10. 2019-07-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2019-07-13
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  12. 2019-07-12
    ➕
    LOVEDAY, Brian Eric appointed
    secretary
  13. 2019-07-12
    ➖
    LOVEDAY, Mary Kathleen resigned
    secretary
  14. 2019-07-12
    ➖
    LOVEDAY, Mary Kathleen resigned
    director
  15. 2019-04-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2018-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2017-04-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2016-04-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 1993-12-31
    🔓
    Charge satisfied #1
  20. 1993-02-05
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  21. 1983-04-22
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  22. 1978-01-12
    🏢
    Company incorporated
    As B.E. LOVEDAY PRECISION ENGINEERING LIMITED

Owner dependency

100/100
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 name in company name: Company name contains director surname "LOVEDAY" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 48 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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr. Brian Eric Loveday
Individual · English · DOB 07/1947 · age 79
50–75%
—50-75% shares15/07/2016

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

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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
Incorporated1978-01-12
Jurisdictionengland-wales
Primary SIC25990 — SIC 25990

Registered office

7 The Brendons
Sampford Peverell
Tiverton
EX16 7BY
England

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-15
Last: 2025-07-01

Officers (2 active · 2 resigned)

LOVEDAY, Brian Eric→
secretary · appointed 2019-07-12
View their other companies + combined net worth →
Active
LOVEDAY, Brian Eric, Mr.→
director · ~79y
View their other companies + combined net worth →
Active
LOVEDAY, Mary Kathleen→
secretary · resigned 2019-07-12
Resigned
LOVEDAY, Mary Kathleen→
director · ~79y · resigned 2019-07-12
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
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property05/02/1993—
satisfied
Barclays
Barclays Bank PLC
Debenture1 property22/04/198331/12/1993
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (97 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-13
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-13