PRV ENGINEERING LIMITED

🌳Matureactive
02075421 · ltd · incorporated 1986-11-19
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
£9.01M
year to Dec 2024
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Machining
Sector: Manufacturing
Investor take
Pursue
Leverage-led grower with a 71-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 71). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (57/100).

🏦

Refinance opportunity

16 live charges · 8 lenders · oldest 32.3y

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 32.3 years old — likely at or near maturity.
  • · 8 lenders named — inter-creditor friction likely.
  • · Legal-friction score 55/100 (high).

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
16 charges (16/16 with lender, 16/16 with type)
90
Directors & officers
15 officers (7 active, 15 linked, 12 with DOB)
86
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
158 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £2,352,492

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£1.5m£3.0m£4.5m£6.0m£7.4mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Turnover£9.01M
Gross profit£4.07M
Operating profit£2.31M
Profit before tax£2.35M
Total assets£8.01M
Current assets£7.33M
Cash£2.79M
Debtors£2.59M
Net assets£7.45M
Average employees6000

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

4 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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
  • 1 mortgage
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (69 events)Click to expand
  1. 2026-03-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-03-19
    🔒
    Charge registered #16
    Lender: Hsbc UK Bank PLC
  3. 2025-12-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2025-08-05
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2025-08-05
    📄
    memorandum-articles
    incorporation · MA
  6. 2025-08-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  7. 2025-08-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2025-08-01
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2025-07-15
    📄
    capital-alter-shares-subdivision
    capital · SH02
  10. 2025-07-15
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2025-07-15
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  12. 2025-07-15
    📄
    capital-name-of-class-of-shares
    capital · SH08
  13. 2025-07-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2025-07-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2025-07-09
    MILLWARD, Phillip Robert appointed
    director
  16. 2025-07-09
    🔒
    Charge registered #15
    Lender: Corpacq Limited
  17. 2025-07-08
    JONES, Christina resigned
    secretary
  18. 2025-06-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  19. 2025-06-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2024-10-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2024-07-18
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  22. 2024-07-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  23. 2024-07-04
    🔓
    Charge satisfied #13
  24. 2023-10-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  25. 2023-03-13
    CHAPMAN, Matthew appointed
    director
  26. 2023-03-13
    FLOOK, Gaynor Pauline resigned
    secretary
  27. 2023-03-13
    FLOOK, Gaynor Pauline resigned
    director
  28. 2023-03-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  29. 2023-03-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  30. 2023-03-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  31. 2022-10-03
    COX, Alun resigned
    director
  32. 2020-09-07
    BENNETTS, Aaron appointed
    director
  33. 2016-12-01
    COX, Alun appointed
    director
  34. 2016-10-29
    JONES, Christina appointed
    secretary
  35. 2016-01-14
    🔓
    Charge satisfied #14
  36. 2015-12-22
    🔓
    Charge satisfied #12
  37. 2014-10-21
    🔓
    Charge satisfied #9
  38. 2012-12-03
    🔒
    Charge registered #14
    Lender: Hsbc Asset Finance (UK) Limited & Hsbc Equipment Finance (UK) Limited
  39. 2012-07-13
    🔒
    Charge registered #13
    Lender: Hsbc Bank PLC
  40. 2011-03-01
    OLERENSHAW, Mark Anthony appointed
    director
  41. 2010-01-01
    WILLIAMS, Lee Anthony appointed
    director
  42. 2009-01-01
    DAY, Christopher appointed
    director
  43. 2008-10-23
    🔓
    Charge satisfied #4
  44. 2008-08-01
    FLOOK, Gaynor Pauline appointed
    director
  45. 2008-06-17
    🔒
    Charge registered #12
    Lender: Hsbc Asset Finance (UK) Limited & Hsbc Equipment Finance (UK) Limited
  46. 2008-05-07
    🔒
    Charge registered #11
    Lender: Hsbc Invoice Finance (UK) LTD (the Security Holder)
  47. 2008-05-07
    🔒
    Charge registered #10
    Lender: Hsbc Invoice Finance (UK) LTD (the Security Holder)
  48. 2008-04-23
    🔓
    Charge satisfied #6
  49. 2008-04-23
    🔓
    Charge satisfied #5
  50. 2008-04-08
    🔓
    Charge satisfied #3
Showing most recent 50 of 69 events

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -7 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

80/100
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 71 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 26 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

1 med · 1 low
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.

6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Aesop Bidco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Aesop Bidco Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
PRV ENGINEERING LIMITED
This company · 02075421

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
Aesop Bidco Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control08/07/2025
2 historic (ceased) PSCs
  • Transit Engineering Limitedceased 08/07/2025· 75-100% shares · 75-100% voting · board control
  • Mr Simon Keith Jonesceased 06/04/2016· significant influence

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 →

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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.

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
Incorporated1986-11-19
Jurisdictionengland-wales
Primary SIC25620 — Machining

Registered office

Pegasus House
Polo Grounds, New Inn
Pontypool
Gwent
NP4 0TW

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (7 active · 8 resigned)

BENNETTS, Aaron
director · ~58y · appointed 2020-09-07
View their other companies + combined net worth →
Active
CHAPMAN, Matthew
director · ~60y · appointed 2023-03-13
View their other companies + combined net worth →
Active
DAY, Christopher
director · ~65y · appointed 2009-01-01
View their other companies + combined net worth →
Active
JONES, Simon Keith
director · ~59y · appointed 2000-01-01
View their other companies + combined net worth →
Active
MILLWARD, Phillip Robert
director · ~64y · appointed 2025-07-09
View their other companies + combined net worth →
Active
OLERENSHAW, Mark Anthony
director · ~61y · appointed 2011-03-01
View their other companies + combined net worth →
Active
WILLIAMS, Lee Anthony
director · ~71y · appointed 2010-01-01
View their other companies + combined net worth →
Active
FLOOK, Gaynor Pauline
secretary · appointed 2007-01-01 · resigned 2023-03-13
Resigned
JONES, Christina
secretary · appointed 2016-10-29 · resigned 2025-07-08
Resigned
VANN, Sylvia Ann
secretary · resigned 2006-12-31
Resigned
COX, Alun
director · ~55y · appointed 2016-12-01 · resigned 2022-10-03
Resigned
FLOOK, Gaynor Pauline
director · ~73y · appointed 2008-08-01 · resigned 2023-03-13
Resigned
FLOOK, Gaynor Pauline
director · ~73y · appointed 2007-01-01 · resigned 2008-04-04
Resigned
VANN, Phillip Richard James
director · ~83y · resigned 2008-04-04
Resigned
VANN, Sylvia Ann
director · ~81y · resigned 2008-04-04
Resigned

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

Mortgages & charges

16
Total charges
6
Outstanding
2
Active lenders
Status:Lender:16 of 16 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property19/03/2026
outstanding
Corpacq
Corpacq Limited
A registered charge09/07/2025
satisfied
HSBC
Hsbc Asset Finance (UK) Limited & Hsbc Equipment Finance (UK) Limited
Assignment1 property03/12/201214/01/2016
satisfied
HSBC
Hsbc Bank PLC
Legal assignment of contract monies1 property13/07/201204/07/2024
satisfied
HSBC
Hsbc Asset Finance (UK) Limited & Hsbc Equipment Finance (UK) Limited
Chattels mortgage1 property17/06/200822/12/2015
outstanding
HSBC
Hsbc Invoice Finance (UK) LTD (the Security Holder)
Fixed charge on purchased debts which fail to vest1 property07/05/2008
outstanding
HSBC
Hsbc Invoice Finance (UK) LTD (the Security Holder)
Floating charge (all assets)1 property07/05/2008
satisfied
Finance Wales Investments
Finance Wales Investments Limited
Debenture1 property04/04/200821/10/2014
outstanding
HSBC
Hsbc Bank PLC
Legal mortgage1 property04/04/2008
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property04/04/2008
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property29/01/200423/04/2008
satisfied
Barclays
Barclays Bank PLC
Debenture1 property08/01/200423/04/2008
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property12/10/200123/10/2008
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property21/01/199908/04/2008
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage1 property18/04/199401/04/2004
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property23/03/199408/04/2008
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (158 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-19
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-06
accounts-with-accounts-type-full
accounts · AA
2025-12-31
resolution
resolution · RESOLUTIONS
2025-08-05
memorandum-articles
incorporation · MA
2025-08-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-08-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-01
termination-secretary-company-with-name-termination-date
officers · TM02
2025-08-01
capital-alter-shares-subdivision
capital · SH02
2025-07-15
resolution
resolution · RESOLUTIONS
2025-07-15
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-07-15
capital-name-of-class-of-shares
capital · SH08
2025-07-15
appoint-person-director-company-with-name-date
officers · AP01
2025-07-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-06-20