A.J.M. ENGINEERING LIMITED

🌳Matureactive
01581154 · ltd · incorporated 1981-08-18
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
not disclosed
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Machining
Sector: Manufacturing
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 80/100 (exceptional), 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. 4 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 · 4 lenders · oldest 44.6y

35/100
too messy

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

  • · Oldest live charge is 44.6 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 (55/100)

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
No iXBRL financials extracted
0
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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
113 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
2
filings
  • 1 accounts
  • 1 resolution
Last 90 days
4
filings
  • 2 resolution
  • 1 accounts
  • 1 persons-with-significant-control
Last 180 days
4
filings
  • 2 resolution
  • 1 accounts
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-05-11
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2026-04-29
    📄
    resolution
    resolution · RESOLUTIONS
  3. 2026-04-11
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2026-04-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-06-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-12-16
    MAY, Clare appointed
    secretary
  7. 2024-12-16
    MAY, Clare appointed
    director
  8. 2024-12-16
    MAY, Miriam Anne resigned
    secretary
  9. 2024-12-16
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  10. 2024-12-16
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2024-12-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2024-05-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2023-08-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-09-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-10-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-08-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-07-24
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  19. 2018-05-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2015-12-18
    🔓
    Charge satisfied #5
  21. 2015-10-22
    🔓
    Charge satisfied #1
  22. 2001-11-08
    🔓
    Charge satisfied #3
  23. 2001-09-14
    🔒
    Charge registered #5
    Lender: Ge Capital Equipment Finance Limited
  24. 2000-04-05
    MAY, Richard Paul appointed
    director
  25. 2000-04-05
    MAY, Anthony John resigned
    director
  26. 2000-04-05
    MAY, Miriam Anne resigned
    director
  27. 1997-05-15
    🔒
    Charge registered #4
    Lender: Midland Bank PLC
  28. 1996-10-14
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  29. 1995-04-10
    MAY, Richard Paul resigned
    director
  30. 1994-09-28
    🔒
    Charge registered #2
    Lender: Bank of Ireland
  31. 1993-03-02
    MAY, Richard Paul appointed
    director
  32. 1981-10-27
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  33. 1981-08-18
    🏢
    Company incorporated
    As A.J.M. ENGINEERING LIMITED

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

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 26 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

26/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — MAY, Clare (same surname) appointed 2024-12-16. Pattern consistent with intra-family handover.
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 26 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
NameSharesVoting rightsNature of controlNotified
Mr Richard Paul May
Individual · British · DOB 04/1966 · age 60
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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

6 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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated1981-08-18
Jurisdictionengland-wales
Primary SIC25620 — Machining

Registered office

Units 2 & 3 Park Lane Trading Est
Park Lane
Corsham
Wilts
SN13 9LG

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10

Officers (3 active · 4 resigned)

MAY, Clare
secretary · appointed 2024-12-16
View their other companies + combined net worth →
Active
MAY, Clare
director · ~51y · appointed 2024-12-16
View their other companies + combined net worth →
Active
MAY, Richard Paul
director · ~60y · appointed 2000-04-05
View their other companies + combined net worth →
Active
MAY, Miriam Anne
secretary · resigned 2024-12-16
Resigned
MAY, Anthony John
director · ~87y · resigned 2000-04-05
Resigned
MAY, Miriam Anne
director · ~89y · resigned 2000-04-05
Resigned
MAY, Richard Paul
director · ~60y · appointed 1993-03-02 · resigned 1995-04-10
Resigned

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

Mortgages & charges

5
Total charges
2
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
satisfied
Ge Capital Equipment Finance
Ge Capital Equipment Finance Limited
Equipment mortgage1 property14/09/200118/12/2015
outstanding
Midland Bank
Midland Bank PLC
Debenture1 property15/05/1997
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property14/10/199608/11/2001
outstanding
Bank of Ireland
Fixed charge1 property28/09/1994
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property27/10/198122/10/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (113 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-05-11
resolution
resolution · RESOLUTIONS
2026-04-29
resolution
resolution · RESOLUTIONS
2026-04-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-08
appoint-person-secretary-company-with-name-date
officers · AP03
2024-12-16
termination-secretary-company-with-name-termination-date
officers · TM02
2024-12-16
appoint-person-director-company-with-name-date
officers · AP01
2024-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-05