AKM STEELS LIMITED

💤Zombieactive
01910100 · ltd · incorporated 1985-05-01
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 Mar 2025
Net worth
£1.87M
book net assets
Opportunity
77/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 64-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (65/100, director aged 64). 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 (73/100).

🏦

Refinance opportunity

6 live charges · 4 lenders · oldest 33.9y

15/100
under pressure

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

  • · Oldest live charge is 33.9 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
12 officers (2 active, 12 linked, 8 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
130 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 declared
Positive net assets
Net assets £1,870,735
Cash draining
Cash down 56% YoY
Cash YoY
-56%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£6k
↓ 56% YoY
Net Worth
£1.9m
↑ 2.9% YoY
Current Assets
£2.7m
↓ 27% YoY
Current Liabilities
£0£731k£1.5m£2.2m£2.9m£3.7mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£1.87M£1.82M
Current assets£2.67M£3.65M
Cash£6.1k£13.8k
Debtors£286.8k£446.0k
Net assets£1.87M£1.82M

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
  1. 2025-12-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-12-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2023-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-10-25
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2023-10-25
    🔓
    Charge satisfied #5
  6. 2022-11-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-06-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2021-06-01
    🔒
    Charge registered #6
    Lender: Arbuthnot Commercial Asset Based Lending Limited
  10. 2021-01-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-07-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2020-07-27
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  13. 2020-04-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  14. 2020-04-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2020-04-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2019-11-27
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2019-11-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2019-11-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2019-11-27
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  20. 2019-11-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2019-11-12
    BIRD, Harry George appointed
    secretary
  22. 2019-11-12
    BIRD, Nigel Howard appointed
    director
  23. 2019-11-12
    BROOKES, Sonia Jane resigned
    secretary
  24. 2019-11-12
    BROOKES, Sonia Jane resigned
    director
  25. 2019-11-12
    GEE, Mark resigned
    director
  26. 2019-11-12
    WHITEHURST, Mallory George resigned
    director
  27. 2019-11-12
    🔒
    Charge registered #5
    Lender: Wyelands Bank PLC
  28. 2017-07-26
    🔓
    Charge satisfied #4
  29. 2017-07-26
    🔓
    Charge satisfied #2
  30. 2017-07-26
    🔓
    Charge satisfied #1
  31. 2017-05-02
    WHITEHURST, Mallory George appointed
    director
  32. 2016-09-14
    🔓
    Charge satisfied #3
  33. 2003-01-10
    NICHOLLS, Keith Wilfred resigned
    director
  34. 2002-04-24
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  35. 2002-04-10
    BROOKES, Sonia Jane appointed
    secretary
  36. 2002-04-10
    GEE, Mark resigned
    secretary
  37. 2002-04-02
    🔒
    Charge registered #3
    Lender: Nmb-Heller Limited
  38. 1998-06-01
    BROOKES, Sonia Jane appointed
    director
  39. 1998-06-01
    ELDER, George Malcolm resigned
    director
  40. 1998-06-01
    NICHOLLS, Keith Wilfred appointed
    director
  41. 1997-01-01
    GEE, Mark appointed
    secretary
  42. 1997-01-01
    GEE, Patricia Anne resigned
    secretary
  43. 1997-01-01
    GEE, Patricia Anne resigned
    director
  44. 1994-08-25
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  45. 1993-11-01
    ELDER, George Malcolm appointed
    director
  46. 1993-09-30
    GEE, Mark appointed
    director
  47. 1993-09-30
    GEE, Michael Henry resigned
    director
  48. 1992-07-17
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  49. 1985-05-01
    🏢
    Company incorporated
    As AKM STEELS LIMITED

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 41 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
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

A D Bird Stainless Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
A D Bird Stainless Limited
Corporate parent · holds 75-100% shares
ultimate parent
AKM STEELS LIMITED
This company · 01910100

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
A D Bird Stainless Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting12/11/2019
2 historic (ceased) PSCs
  • Mr Mark Blyth Geeceased 12/11/2019· 50-75% shares
  • Ms Sonia Jane Brookesceased 12/11/2019· 25-50% shares

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 · Manufacturing · S postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A.L.M.E.C SERVICES LTD
15215766 · est 2023 · no financials extracted
2y
ADEE ENGINEERING (FABRICATIONS) LTD
04630088 · est 2003 · no financials extracted
23y
ADVANCED MANUFACTURING (SHEFFIELD) LIMITED
04364671 · est 2002 · no financials extracted
24y
ADVANCED SURFACE SOLUTIONS LTD
17024142 · est 2026 · no financials extracted
AFRIDI TECH LTD
15902759 · est 2024 · no financials extracted
1y
AFYA LAFIA INNOVATIONS LTD
16611128 · est 2025 · no financials extracted
AIMCAM LIMITED
08525578 · est 2013 · no financials extracted
12y
AIR POWER PRODUCTS LIMITED
02447892 · est 1989 · no financials extracted
36y
AIRBORNE WATCHES LTD
16808521 · est 2025 · no financials extracted
AJAS SERVICES LIMITED
11521517 · est 2018 · no financials extracted
7y
AKEDA KITCHENS LTD
13747146 · est 2021 · no financials extracted
4y
AKITU BOTANICALS LTD
13528878 · est 2021 · no financials extracted
4y
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
Incorporated1985-05-01
Jurisdictionengland-wales
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

Box Mill Sheffield Road
Penistone
Sheffield
South Yorkshire
S36 6HQ
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-04
Last: 2026-03-21

Officers (2 active · 10 resigned)

BIRD, Harry George
secretary · appointed 2019-11-12
View their other companies + combined net worth →
Active
BIRD, Nigel Howard
director · ~64y · appointed 2019-11-12
View their other companies + combined net worth →
Active
BROOKES, Sonia Jane
secretary · appointed 2002-04-10 · resigned 2019-11-12
Resigned
GEE, Mark
secretary · appointed 1997-01-01 · resigned 2002-04-10
Resigned
GEE, Patricia Anne
secretary · resigned 1997-01-01
Resigned
BROOKES, Sonia Jane
director · ~68y · appointed 1998-06-01 · resigned 2019-11-12
Resigned
ELDER, George Malcolm
director · ~91y · appointed 1993-11-01 · resigned 1998-06-01
Resigned
GEE, Mark
director · ~66y · appointed 1993-09-30 · resigned 2019-11-12
Resigned
GEE, Michael Henry
director · ~89y · resigned 1993-09-30
Resigned
GEE, Patricia Anne
director · ~90y · resigned 1997-01-01
Resigned
NICHOLLS, Keith Wilfred
director · ~72y · appointed 1998-06-01 · resigned 2003-01-10
Resigned
WHITEHURST, Mallory George
director · ~54y · appointed 2017-05-02 · resigned 2019-11-12
Resigned

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

Mortgages & charges

6
Total charges
1
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Arbuthnot Commercial Asset Based Lending
Arbuthnot Commercial Asset Based Lending Limited
A registered charge7 properties01/06/2021
satisfied
Wyelands Bank
Wyelands Bank PLC
A registered charge1 property12/11/201925/10/2023
satisfied
Barclays
Barclays Bank PLC
Deed of charge over credit balances1 property24/04/200226/07/2017
satisfied
Nmb-Heller
Nmb-Heller Limited
Fixed and floating charge over all assets created by a deed1 property02/04/200214/09/2016
satisfied
Barclays
Barclays Bank PLC
Deed of charge over credit balances1 property25/08/199426/07/2017
satisfied
Barclays
Barclays Bank PLC
Debenture1 property17/07/199226/07/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (130 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-23
accounts-with-accounts-type-small
accounts · AA
2025-12-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-27
accounts-with-accounts-type-small
accounts · AA
2024-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-18
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-06-02
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-07-27