ARMSTRONGS AGGREGATES LIMITED
🌳Matureactive
02045919 · ltd · incorporated 1986-08-12
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
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 08990
Sector: Mining & quarrying
Investor take
PursueActive trading company with a 65-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 65). Biggest value-creation lever: Consolidate lender relationships. 15 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
38 live charges · 13 lenders · oldest 39.7y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 39.7 years old — likely at or near maturity.
- · 13 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (61/100)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
38 charges (38/38 with lender, 38/38 with type)
90
Directors & officers
17 officers (3 active, 17 linked, 12 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
218 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
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 (119 events)Click to expand
- 2026-01-06📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2026-01-06📄legacyaccounts · PARENT_ACC
- 2026-01-06📄legacyother · GUARANTEE2
- 2026-01-06📄legacyother · AGREEMENT2
- 2025-12-15📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-28➖DEAL, Nicholas Clive resigneddirector
- 2025-11-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-24🔒Charge registered #38Lender: Lhv Bank Limited
- 2025-02-24🔒Charge registered #37Lender: Lhv Bank Limited
- 2025-02-24🔒Charge registered #36Lender: Lhv Bank Limited
- 2025-02-24🔓Charge satisfied #33
- 2025-02-24🔓Charge satisfied #26
- 2025-02-24🔓Charge satisfied #24
- 2025-02-24🔓Charge satisfied #23
- 2025-02-24🔓Charge satisfied #22
- 2025-02-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-11🔓Charge satisfied #30
- 2025-01-09📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-01-09📄legacyaccounts · PARENT_ACC
- 2025-01-09📄legacyother · AGREEMENT2
- 2025-01-09📄legacyother · GUARANTEE2
- 2024-11-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-11-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-11-04🔓Charge satisfied #32
- 2024-11-04🔓Charge satisfied #31
- 2023-12-21📄accounts-with-accounts-type-fullaccounts · AA
- 2023-10-25🔒Charge registered #35Lender: Hsbc UK Bank PLC
- 2022-08-18➖HILL, Ewan Grant resignedsecretary
- 2022-01-04➕DEAL, Nicholas Clive appointeddirector
- 2021-03-18➖NIXON, Michael Robert resigneddirector
- 2020-08-12🔒Charge registered #34Lender: Hsbc UK Bank PLC
- 2020-08-12🔒Charge registered #33Lender: Hsbc UK Bank PLC
- 2020-02-10➕NIXON, Michael Robert appointeddirector
- 2019-10-20➕HILL, Ewan Grant appointedsecretary
- 2019-10-19➖AINSWORTH, Susan Anne resignedsecretary
- 2019-10-19➖AINSWORTH, Susan Anne resigneddirector
- 2019-08-30🔒Charge registered #32Lender: United Trust Bank Limited
- 2017-10-20🔒Charge registered #31Lender: Aldermore Bank PLC
- 2017-07-03🔒Charge registered #30Lender: Hsbc Equipment Finance (UK) LTD
- 2017-05-18🔒Charge registered #29Lender: Hsbc Bank PLC
- 2017-04-25🔓Charge satisfied #21
- 2017-04-25🔓Charge satisfied #20
Showing most recent 50 of 119 events
Owner dependency
98/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Founder name in company name: Company name contains director surname "ARMSTRONG" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 65 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
73/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- secondary12+ year tenure: Director in role 20 years.
- secondaryStable-but-static management: Company is 40 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 · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
9 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
D W Armstrong Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
D W Armstrong Holdings Limited
Corporate parent · holds 75-100% shares
⬇
ARMSTRONGS AGGREGATES LIMITED
This company · 02045919
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
D W Armstrong Holdings Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mr David William Armstrongceased 06/04/2016· 75-100% 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
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|---|---|---|---|---|---|---|---|
| ALENTEC ORION LIMITED→ 00231713 · est 1928 · no financials extracted | — | — | — | — | 97y | — | — |
| ASHFIELD (UK) LIMITED→ 02034549 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| ASTEMO UK, LTD.→ 03302684 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
| ASTHMATIC LIMITED→ 06570117 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ASTRACAM LTD→ 14228511 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ATLANTIC COOLING LIMITED→ 13008135 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ATLAS BLINDS LTD→ 13866301 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ATLAS GUARDRAIL LIMITED→ 03233280 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| ATOM SECURITY UK LTD→ 09647038 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AUDIO MAINTENANCE LIMITED→ 04551807 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| AURAHAUS LUXE LTD→ 16937429 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AURUM PEST CONTROL SOLUTIONS LTD→ 14439386 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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.
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
Incorporated1986-08-12
Jurisdictionengland-wales
Primary SIC08990 — SIC 08990
Registered office
Pilkington Quarry Makinson Lane, Off Georges Lane
Horwich
Bolton
BL6 6RS
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-10
Last: 2025-11-26
Officers (3 active · 14 resigned)
ARMSTRONG, David William→
Activedirector · ~65y · appointed 2006-11-28
View their other companies + combined net worth →
ARMSTRONG, Emma Maria Elizabeth→
Activedirector · ~56y · appointed 2006-11-28
View their other companies + combined net worth →
WALLACE, John Shane→
Activedirector · ~58y · appointed 2006-11-28
View their other companies + combined net worth →
AINSWORTH, Susan Anne→
Resignedsecretary · appointed 2008-03-31 · resigned 2019-10-19
ARMSTRONG, Emma Maria Elizabeth→
Resignedsecretary · appointed 2007-11-15 · resigned 2008-03-31
BEECH, John→
Resignedsecretary · appointed 2006-11-28 · resigned 2007-11-15
HILL, Ewan Grant→
Resignedsecretary · appointed 2019-10-20 · resigned 2022-08-18
WOLSEY, Geoffrey→
Resignedsecretary · resigned 2006-11-28
AINSWORTH, Susan Anne→
Resigneddirector · ~65y · appointed 2008-04-24 · resigned 2019-10-19
ATHERTON, John David→
Resigneddirector · ~64y · appointed 2008-04-30 · resigned 2009-10-01
BARTON, Eliott Andrew→
Resigneddirector · ~57y · appointed 2011-03-31 · resigned 2015-06-01
DEAL, Nicholas Clive→
Resigneddirector · ~63y · appointed 2022-01-04 · resigned 2025-11-28
HARPER, Timothy John→
Resigneddirector · ~64y · appointed 2017-02-20 · resigned 2017-04-20
NIXON, Michael Robert→
Resigneddirector · ~59y · appointed 2020-02-10 · resigned 2021-03-18
PICKAVANCE, David→
Resigneddirector · ~82y · resigned 2006-11-28
PICKAVANCE, Stephen David→
Resigneddirector · ~61y · appointed 1999-10-01 · resigned 2006-11-28
WOLSEY, Geoffrey→
Resigneddirector · ~87y · appointed 1999-10-01 · resigned 2006-11-28
Click a director name to see their full track record across all companies.
Mortgages & charges
38
Total charges
9
Outstanding
2
Active lenders
Status:Lender:38 of 38 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lhv Bank Lhv Bank Limited | A registered charge | 1 property | 24/02/2025 | — | |
| outstanding | Lhv Bank Lhv Bank Limited | A registered charge | 27 properties | 24/02/2025 | — | |
| outstanding | Lhv Bank Lhv Bank Limited | A registered charge | 1 property | 24/02/2025 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 25/10/2023 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 12/08/2020 | — | |
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 12/08/2020 | 24/02/2025 | |
| satisfied | United Trust Bank United Trust Bank Limited | A registered charge | — | 30/08/2019 | 04/11/2024 | |
| satisfied | Aldermore Aldermore Bank PLC | A registered charge | — | 20/10/2017 | 04/11/2024 | |
| satisfied | HSBC Hsbc Equipment Finance (UK) LTD / Hsbc Asset Finance (UK) LTD | A registered charge | — | 03/07/2017 | 11/02/2025 | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 18/05/2017 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) LTD | A registered charge | — | 11/04/2017 | — | |
| outstanding | HSBC Hsbc Invoice Finance (UK) LTD | A registered charge | — | 11/04/2017 | — | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 3 properties | 24/03/2017 | 24/02/2025 | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 24/03/2017 | — | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 7 properties | 24/03/2017 | 24/02/2025 | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 24/03/2017 | 24/02/2025 | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 5 properties | 24/03/2017 | 24/02/2025 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 13/01/2014 | 25/04/2017 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 17/08/2012 | 25/04/2017 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 17/08/2012 | 25/04/2017 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 17/08/2012 | 25/04/2017 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 17/08/2012 | 25/04/2017 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | All assets debenture | 1 property | 19/11/2010 | 25/04/2017 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 26/01/2009 | 26/04/2013 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Charge over rights | 1 property | 07/08/2008 | 13/05/2013 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 07/08/2008 | 20/09/2012 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 2 properties | 04/11/1986 | 05/08/2008 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 04/11/1986 | 05/08/2008 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 04/11/1986 | 05/08/2008 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 04/11/1986 | 05/08/2008 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 04/11/1986 | 05/08/2008 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 04/11/1986 | 05/08/2008 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 04/11/1986 | 05/08/2008 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 04/11/1986 | 05/08/2008 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 04/11/1986 | 05/08/2008 | |
| satisfied | Joseph Pickavance Joseph Pickavance Limited | Legal charge | 1 property | 04/11/1986 | 31/10/2006 | |
| satisfied | V Pickavance / D. Pickering | Legal charge | 1 property | 04/11/1986 | 31/10/2006 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 29/10/1986 | 05/08/2008 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (218 total)
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2026-01-06
legacy
accounts · PARENT_ACC
2026-01-06
legacy
other · GUARANTEE2
2026-01-06
legacy
other · AGREEMENT2
2026-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-18
change-person-director-company-with-change-date
officers · CH01
2025-12-15
termination-director-company-with-name-termination-date
officers · TM01
2025-11-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-06
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-24
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-24
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-24
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-24
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-24