ANDAWEST ENGINEERING LIMITED
🌳Matureactive
01559498 · ltd · incorporated 1981-05-05
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£107.0k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 77/100 (strong), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
5 live charges · 3 lenders · oldest 40.2y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 40.2 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — 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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 5 with DOB)
84
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
106 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £107,008
Net assets shrinking
Down £3,254 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£107k
↓ 3.0% YoY
Current Assets
£97k
↑ 7.6% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £114.8k | £131.9k |
| Current assets | £97.1k | £90.2k |
| Net assets | £107.0k | £110.3k |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2025-11-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-08-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-07-28➕WEDGBURY, Stephen John appointeddirector
- 2021-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-06📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2019-06-06📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-05-21➕WEDGBURY, Stephen John appointedsecretary
- 2019-05-21➖WEDGBURY, Angela resignedsecretary
- 2018-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-01-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-11-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2016-11-08🔓Charge satisfied #3
- 2016-11-08🔓Charge satisfied #1
- 2016-06-24➖WESTWOOD, Donald Stephen resigneddirector
- 2016-06-17🔒Charge registered #5Lender: Santander UK PLC
- 2016-06-17🔒Charge registered #4Lender: Santander UK PLC
- 2006-02-09➖STATHAM, Arthur Raymond resigneddirector
- 2004-04-24🔓Charge satisfied #2
- 2001-09-21➖ENSOR, David John resigneddirector
- 1997-06-26➕STATHAM, Arthur Raymond appointeddirector
- 1991-06-06🔒Charge registered #3Lender: Midland Bank PLC
- 1986-04-14🔒Charge registered #2Lender: Norwich General Trust Limited
- 1986-04-11🔒Charge registered #1Lender: Midland Bank PLC
- 1981-05-05🏢Company incorporatedAs ANDAWEST ENGINEERING LIMITED
Owner dependency
81/100
Critical — business is the founderThe 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.
- +Founder age: Director aged approximately 81 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — WEDGBURY, Stephen John (same surname) appointed 2021-07-28. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 45 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Angela Wedgbury Individual · English · DOB 06/1945 · age 81 | 75–100% | — | 75-100% shares | 20/11/2016 |
Mr Stephen John Wedgbury Individual · British · DOB 05/1974 · age 52 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/06/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| ALLIED BRAND PACKAGING LIMITED→ 10905982 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AM FABRICATION SERVICE LTD→ 11573699 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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| ANCARVALDE ALUMINIUM LIMITED→ 16479743 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANDREW SHARPE REPRODUCTIONS LIMITED→ 01242845 · est 1976 · no financials extracted | — | — | — | — | 50y | — | — |
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
Incorporated1981-05-05
Jurisdictionengland-wales
Primary SIC32990 — Other manufacturing n.e.c.
Registered office
2a Boardman Road
Swadlincote
Derbyshire
DE11 9DL
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-09-29
Last: 2025-09-15
Officers (3 active · 4 resigned)
WEDGBURY, Stephen John→
Activesecretary · appointed 2019-05-21
View their other companies + combined net worth →
Active
WEDGBURY, Stephen John→
Activedirector · ~52y · appointed 2021-07-28
View their other companies + combined net worth →
WEDGBURY, Angela→
Resignedsecretary · resigned 2019-05-21
ENSOR, David John→
Resigneddirector · ~88y · resigned 2001-09-21
STATHAM, Arthur Raymond→
Resigneddirector · ~104y · appointed 1997-06-26 · resigned 2006-02-09
WESTWOOD, Donald Stephen→
Resigneddirector · ~75y · resigned 2016-06-24
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
2
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Santander Santander UK PLC | A registered charge | 1 property | 17/06/2016 | — | |
| outstanding | Santander Santander UK PLC | A registered charge | 1 property | 17/06/2016 | — | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 06/06/1991 | 08/11/2016 | |
| satisfied | Norwich General Trust Norwich General Trust Limited | Legal charge | 1 property | 14/04/1986 | 24/04/2004 | |
| satisfied | Midland Bank Midland Bank PLC | Charge | 1 property | 11/04/1986 | 08/11/2016 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (106 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-10
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-09-17
appoint-person-director-company-with-name-date
officers · AP01
2021-08-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-01
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-06