AERIALS CABLE EQUIPMENT DISTRIBUTORS LIMITED
🌳Matureactive
01710588 · ltd · incorporated 1983-03-29
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
£248.3k
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: SIC 46520
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 60-year-old founder — textbook succession opportunity.
Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -92% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 39.5y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 39.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (80/100)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
6 officers (2 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
103 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £248,291
Net assets shrinking
Down £12,379 YoY
Cash draining
Cash down 92% YoY
Cash YoY
-92%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1k
↓ 92% YoY
Net Worth
£248k
↓ 4.7% YoY
Current Assets
£1.1m
↑ 7.9% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £539.3k | £360.4k |
| Current assets | £1.15M | £1.06M |
| Cash | £1.1k | £14.0k |
| Debtors | £551.1k | £514.9k |
| Net assets | £248.3k | £260.7k |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-02-13📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-01-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-12-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-12-10➕TAYLOR, Lee Justin Michael Leslie appointeddirector
- 2024-10-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-08-31➖FINLAYSON, Rebecca resigneddirector
- 2024-02-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-22🔒Charge registered #2Lender: Lloyds Bank Commercial Finance Limited
- 2024-01-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-01-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-01-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-12-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-11-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-01-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-01-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-01-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-01-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-29📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-05-01➖TAYLOR, Brian Robert resignedsecretary
- 2015-05-01➖TAYLOR, Brian Robert resigneddirector
- 2015-05-01➖TAYLOR, Michael Leslie George resigneddirector
- 2008-05-01➕FINLAYSON, Rebecca appointeddirector
- 1992-03-23➕MILLER, Richard John Osborn appointeddirector
- 1986-12-05🔒Charge registered #1Lender: Lloyds Bank PLC
- 1983-03-29🏢Company incorporatedAs AERIALS CABLE EQUIPMENT DISTRIBUTORS LIMITED
Owner dependency
76/100
High — earn-out structure requiredMaterial 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 34 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- 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 34 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard John Osborn Miller Individual · British · DOB 06/1966 · age 60 | 50–75% | — | 50-75% shares | 01/11/2016 |
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 →Similar companies
Active · Wholesale & distribution · GL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 3P ENTERPRISE LIMITED→ 06074449 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| ABBEY CEREALS LIMITED→ 07169066 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ABBEY METAL RECYCLING LIMITED→ 07247228 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ABBOTT & COMPANY (WESSEX) LIMITED→ 00363475 · est 1940 · no financials extracted | — | — | — | — | 85y | — | — |
| ABSOLUTELY PERSONAL LTD→ 15400846 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADGLOW LIMITED→ 00579219 · est 1957 · no financials extracted | — | — | — | — | 69y | — | — |
| ADM PALLETS LIMITED→ 04746010 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ADSETT TRADING CO LTD→ 03188392 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| ADTECH BUSINESS SYSTEMS LIMITED→ 01318623 · est 1977 · no financials extracted | — | — | — | — | 48y | — | — |
| ADVANCED GRINDING SUPPLIES LTD→ 05976793 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ADVANTAGE EQUIPMENT LTD→ 07511272 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| AESTHETIC HOME DESIGNS LTD→ 16566692 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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 →🔒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
Incorporated1983-03-29
Jurisdictionengland-wales
Primary SIC46520 — SIC 46520
Registered office
343/345 High Street
Cheltenham
Gloucestershire
GL50 3HS
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-11-20
Last: 2025-11-06
Officers (2 active · 4 resigned)
MILLER, Richard John Osborn→
Activedirector · ~60y · appointed 1992-03-23
View their other companies + combined net worth →
TAYLOR, Lee Justin Michael Leslie→
Activedirector · ~56y · appointed 2024-12-10
View their other companies + combined net worth →
TAYLOR, Brian Robert→
Resignedsecretary · resigned 2015-05-01
FINLAYSON, Rebecca→
Resigneddirector · ~51y · appointed 2008-05-01 · resigned 2024-08-31
TAYLOR, Brian Robert→
Resigneddirector · ~83y · resigned 2015-05-01
TAYLOR, Michael Leslie George→
Resigneddirector · ~86y · resigned 2015-05-01
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank Commercial Finance Limited | A registered charge | — | 22/02/2024 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | Single debenture | 1 property | 05/12/1986 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (103 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-02-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-01-30
appoint-person-director-company-with-name-date
officers · AP01
2024-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-19
termination-director-company-with-name-termination-date
officers · TM01
2024-10-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-01-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-06