GOODHEAD CONVERTERS LIMITED

🌳Matureactive
01958813 · ltd · incorporated 1985-11-14
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: SIC 2112
Sector: Manufacturing
ALSO REGISTERED FOR
  • 2121SIC 2121
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 70/100 (strong), bankability 55/100. Strong seller-intent signal (78/100, director aged 79). Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (45/100).

Data confidence

Overall: low (47/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
10 officers (3 active, 10 linked, 8 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
8 connected companies via shared directors
69
Filing history
2 filings — limited history
30
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
55
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

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 (13 events)Click to expand
  1. 2018-04-20
    📄
    restoration-order-of-court
    restoration · AC92
  2. 1993-11-04
    ROSSER, Colin Richard resigned
    director
  3. 1993-08-31
    NEWLAND, Nicholas John appointed
    secretary
  4. 1993-08-31
    WARING, Timothy James resigned
    secretary
  5. 1993-08-31
    WARING, Timothy James resigned
    director
  6. 1993-08-01
    SAUNDERS, Keith resigned
    director
  7. 1993-05-31
    KELLY, John Robert resigned
    director
  8. 1993-03-17
    COOLING, John Alfred appointed
    director
  9. 1992-12-08
    BOURNE, John Lucas resigned
    director
  10. 1992-04-02
    NEWLAND, Nicholas John appointed
    director
  11. 1992-04-02
    ATKINS, Howard Timothy resigned
    director
  12. 1987-01-01
    📄
    selection-of-documents-registered-before-January-1987
    historical · PRE87
  13. 1985-11-14
    🏢
    Company incorporated
    As GOODHEAD CONVERTERS 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
  • +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.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

91/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • 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.
  • 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 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 1999-03-31

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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.

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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
Incorporated1985-11-14
Jurisdictionengland-wales
Primary SIC2112 — SIC 2112

Registered office

Chaucer International Estate
Launton Road
Bicester
Oxon
OX6 7QZ

Filing status

Accounts
Next due: 1999-03-31OVERDUE
Last made up to: 1997-05-31
Confirmation statement
Next due:
Last:

Officers (3 active · 7 resigned)

NEWLAND, Nicholas John
secretary · appointed 1993-08-31
View their other companies + combined net worth →
Active
COOLING, John Alfred
director · ~73y · appointed 1993-03-17
View their other companies + combined net worth →
Active
NEWLAND, Nicholas John
director · ~79y · appointed 1992-04-02
View their other companies + combined net worth →
Active
WARING, Timothy James
secretary · resigned 1993-08-31
Resigned
ATKINS, Howard Timothy
director · ~80y · resigned 1992-04-02
Resigned
BOURNE, John Lucas
director · ~94y · resigned 1992-12-08
Resigned
KELLY, John Robert
director · ~78y · resigned 1993-05-31
Resigned
ROSSER, Colin Richard
director · ~86y · resigned 1993-11-04
Resigned
SAUNDERS, Keith
director · ~81y · resigned 1993-08-01
Resigned
WARING, Timothy James
director · ~70y · resigned 1993-08-31
Resigned

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

Recent filings (2 total)

restoration-order-of-court
restoration · AC92
2018-04-20
selection-of-documents-registered-before-January-1987
historical · PRE87
1987-01-01