A.J.R. FASTENERS LIMITED
- 46900Non-specialised wholesale trade
Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (80/100, director aged 62). 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 (73/100).
Refinance opportunity
9 live charges · 3 lenders · oldest 13.6y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 13.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | — | £4.94M |
| Current assets | — | £775.9k |
| Cash | — | £27.9k |
| Debtors | — | £328.7k |
| Net assets | — | £1.58M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 signals 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
- • 1 officers
- • 7 mortgage
- • 1 officers
Corporate timeline (42 events)Click to expand
- 2026-03-05📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-27🔓Charge satisfied #9
- 2026-01-27🔓Charge satisfied #8
- 2026-01-27🔓Charge satisfied #7
- 2026-01-27🔓Charge satisfied #6
- 2026-01-27🔓Charge satisfied #5
- 2026-01-27🔓Charge satisfied #4
- 2025-12-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-12-02🔓Charge satisfied #3
- 2025-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-06-20🔒Charge registered #9Lender: Bank of Scotland PLC
- 2022-06-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-06-08🔓Charge satisfied #1
- 2021-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-10-10🔒Charge registered #8Lender: Bank of Scotland PLC
- 2015-06-30🔒Charge registered #7Lender: Bank of Scotland PLC
- 2014-08-01🔓Charge satisfied #2
- 2014-05-19🔒Charge registered #6Lender: Bank of Scotland PLC
- 2014-05-13🔒Charge registered #5Lender: Bank of Scotland PLC
- 2014-05-13🔒Charge registered #4Lender: Bank of Scotland PLC
- 2014-04-30🔒Charge registered #3Lender: Bank of Scotland PLC
- 2012-10-29🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2012-10-11🔒Charge registered #1Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
- 2001-03-28➕STUBBS, Andrea appointedsecretary
- 2001-03-28➖REED, Pamela Joyce resignedsecretary
- 2001-03-28➖REED, Pamela Joyce resigneddirector
- 1999-01-01➕STUBBS, Peter David appointeddirector
- 1998-12-31➖REED, Alexander Joseph resigneddirector
- 1984-12-05🏢Company incorporatedAs A.J.R. FASTENERS LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 41 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Peter David Stubbs Individual · British · DOB 07/1964 · age 62 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
Mrs Andrea Stubbs Individual · British · DOB 04/1963 · age 63 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (2 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 5 properties | 20/06/2022 | 27/01/2026 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 10/10/2016 | 27/01/2026 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 30/06/2015 | 27/01/2026 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 19/05/2014 | 27/01/2026 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 13/05/2014 | 27/01/2026 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 13/05/2014 | 27/01/2026 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 30/04/2014 | 02/12/2025 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 29/10/2012 | 01/08/2014 | |
| satisfied | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) | Floating charge | 1 property | 11/10/2012 | 08/06/2022 |