IQE (EUROPE) LIMITED
🌳Matureactive
02107558 · ltd · incorporated 1987-03-09
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
74/100
Strong
What this business does
Primary activity: SIC 26110
Sector: Manufacturing
ALSO REGISTERED FOR
- 72190Other research and experimental development on natural sciences and engineering
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 74/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
19 live charges · 9 lenders · oldest 30.0y
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 30.0 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Legal-friction score 63/100 (high).
Data confidence
Overall: medium (59/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
19 charges (19/19 with lender, 19/19 with type)
90
Directors & officers
27 officers (3 active, 27 linked, 21 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
269 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (97 events)Click to expand
- 2025-07-17📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-07-17📄legacyaccounts · PARENT_ACC
- 2025-07-17📄legacyother · GUARANTEE2
- 2025-07-17📄legacyother · AGREEMENT2
- 2025-04-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-26➕DALE, Thomas Andrew appointeddirector
- 2025-03-26📄resolutionresolution · RESOLUTIONS
- 2025-03-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-13🔒Charge registered #19Lender: Hsbc UK Bank PLC
- 2025-03-13🔒Charge registered #18Lender: Hsbc Bank PLC
- 2025-03-13🔒Charge registered #17Lender: Glas Trust Corporation Limited (As Security Agent)
- 2024-11-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-28➖LEMOS, Americo resigneddirector
- 2024-08-28📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-08-28📄legacyaccounts · PARENT_ACC
- 2024-08-28📄legacyother · AGREEMENT2
- 2024-08-28📄legacyother · GUARANTEE2
- 2024-02-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-23➖RUMMINGS, Neil John resigneddirector
- 2024-01-22➕MEIER, Jutta appointeddirector
- 2023-11-14📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-09-12📄legacyaccounts · PARENT_ACC
- 2023-09-08📄legacyother · AGREEMENT2
- 2023-09-08📄legacyother · GUARANTEE2
- 2023-06-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-07➖PULLEN, Timothy Neil resigneddirector
- 2023-06-07➕RUMMINGS, Neil John appointeddirector
- 2022-01-10➕LEMOS, Americo appointeddirector
- 2022-01-10➖NELSON, Andrew William, Dr resigneddirector
- 2020-03-19➕DALE, Thomas Andrew appointedsecretary
- 2019-12-20➖HOWELLS, Jason Mark resignedsecretary
- 2019-08-29🔒Charge registered #16Lender: Hsbc Equipment Finance (UK) Limited
- 2019-08-01➖WILLIAMS, Howard Robert, Dr resigneddirector
- 2019-06-25➖AINSWORTH, Godfrey Howard Harrison, Dr resigneddirector
- 2019-03-28➕PULLEN, Timothy Neil appointeddirector
- 2019-01-24🔒Charge registered #15Lender: Hsbc UK Bank PLC
- 2019-01-24🔒Charge registered #14Lender: Hsbc Bank PLC
- 2018-04-11➕HOWELLS, Jason Mark appointedsecretary
- 2018-04-01➖RASMUSSEN, Phillip John resignedsecretary
- 2015-08-14🔒Charge registered #13Lender: Hsbc Bank PLC
- 2015-08-01🔒Charge registered #12Lender: Hsbc Bank PLC
- 2011-10-21🔓Charge satisfied #10
- 2011-10-21🔓Charge satisfied #9
- 2011-10-21🔓Charge satisfied #8
- 2011-05-16🔒Charge registered #11Lender: Hsbc Bank PLC
- 2009-01-19➕RASMUSSEN, Phillip John appointedsecretary
Showing most recent 50 of 97 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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
Epi Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Epi Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
IQE (EUROPE) LIMITED
This company · 02107558
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 |
|---|---|---|---|---|
Epi Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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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|---|---|---|---|---|---|---|---|
| 1ST CHOICE FIRE PROTECTION (WALES) LTD→ 06768216 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| 7 STEEL (PROPERTIES) LIMITED→ 04578079 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| A-EON TECHNOLOGY LTD→ 08020555 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| A1 MEDIA PRODUCTIONS UK LTD→ 16889301 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABER WROUGHT IRON LIMITED→ 05337391 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| ABHITA LAND SOLUTION LTD→ 16178215 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABIGAIL WALKER LINGERIE LIMITED→ 14146856 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ABSOLUTE MANUFACTURING LTD→ 15376944 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACCENTU8 LIMITED→ 08908510 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ACCESS GARAGE DOORS (SOUTH WALES) LIMITED→ 06715352 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ACE ORTHOTICS LIMITED→ 04088974 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ACE ROLLER SHUTTERS LTD→ 16178970 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1987-03-09
Jurisdictionengland-wales
Primary SIC26110 — SIC 26110
Registered office
Pascal Close
St Mellons
Cardiff
South Glamorgan
CF3 0LW
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-25
Last: 2026-03-11
Officers (3 active · 24 resigned)
DALE, Thomas Andrew→
Activesecretary · appointed 2020-03-19
View their other companies + combined net worth →
DALE, Thomas Andrew→
Activedirector · ~40y · appointed 2025-03-26
View their other companies + combined net worth →
MEIER, Jutta→
Activedirector · ~60y · appointed 2024-01-22
View their other companies + combined net worth →
COVENTRY, James Leslie→
Resignedsecretary · appointed 1993-02-19 · resigned 2009-01-16
HOWELLS, Jason Mark→
Resignedsecretary · appointed 2018-04-11 · resigned 2019-12-20
RASMUSSEN, Phillip John→
Resignedsecretary · appointed 2009-01-19 · resigned 2018-04-01
WATSON, Deirdre Mary Alison→
Resignedsecretary · appointed 1993-02-19 · resigned 1994-10-26
WATSON, Deirdre Mary Alison→
Resignedsecretary · resigned 1993-02-19
AINSWORTH, Godfrey Howard Harrison, Dr→
Resigneddirector · ~71y · appointed 1997-06-20 · resigned 2019-06-25
BOOTH, Roger Hignett→
Resigneddirector · ~86y · resigned 1993-03-01
BYARS, Stephen→
Resigneddirector · ~68y · appointed 2000-08-29 · resigned 2003-03-07
COVENTRY, James Leslie→
Resigneddirector · ~81y · appointed 1998-01-01 · resigned 2009-01-16
DOBBYN, Francis→
Resigneddirector · ~78y · appointed 1996-04-18 · resigned 1996-05-24
DOBBYN, Francis→
Resigneddirector · ~78y · appointed 1993-02-15 · resigned 1996-03-27
FOOTITT, Graham Lawrence→
Resigneddirector · ~84y · appointed 1994-01-24 · resigned 1996-05-24
HASTIE, John Duncan→
Resigneddirector · ~82y · appointed 1996-04-18 · resigned 1996-05-24
HASTIE, John Duncan→
Resigneddirector · ~82y · appointed 1994-05-13 · resigned 1996-04-18
HIERL, Thomas→
Resigneddirector · ~74y · appointed 2001-12-19 · resigned 2003-03-07
LEMOS, Americo→
Resigneddirector · ~59y · appointed 2022-01-10 · resigned 2024-10-28
NELSON, Andrew William, Dr→
Resigneddirector · ~71y · resigned 2022-01-10
Click a director name to see their full track record across all companies.
Mortgages & charges
19
Total charges
9
Outstanding
2
Active lenders
Status:Lender:19 of 19 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | — | 13/03/2025 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | — | 13/03/2025 | — | |
| outstanding | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | 1 property | 13/03/2025 | — | |
| outstanding | HSBC Hsbc Equipment Finance (UK) Limited | A registered charge | — | 29/08/2019 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | — | 24/01/2019 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | — | 24/01/2019 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | 1 property | 14/08/2015 | — | |
| outstanding | HSBC Hsbc Bank PLC | A registered charge | — | 01/08/2015 | — | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 16/05/2011 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Omnibus guarantee and set-off agreement | 1 property | 24/01/2008 | 21/10/2011 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Legal charge | 1 property | 24/01/2008 | 21/10/2011 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 24/01/2008 | 21/10/2011 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 07/11/2005 | 10/04/2008 | |
| satisfied | Welsh Development Agency | Legal mortgage | 1 property | 16/06/1999 | 10/04/2008 | |
| satisfied | 3I Group 3I Group PLC | Mortgage | 1 property | 26/02/1999 | 10/04/2008 | |
| satisfied | 3I Group 3I Group PLC | Debenture | 1 property | 26/02/1999 | 10/04/2008 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 26/02/1999 | 10/04/2008 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 07/06/1996 | 10/04/2008 | |
| satisfied | Shell Ventures UK Shell Ventures UK Limited | Secured loan note instrument | 2 properties | 24/05/1996 | 05/03/1999 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (269 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-11
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-07-17
legacy
accounts · PARENT_ACC
2025-07-17
legacy
other · GUARANTEE2
2025-07-17
legacy
other · AGREEMENT2
2025-07-17
appoint-person-director-company-with-name-date
officers · AP01
2025-04-01
resolution
resolution · RESOLUTIONS
2025-03-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-18
termination-director-company-with-name-termination-date
officers · TM01
2024-11-18
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-08-28
legacy
accounts · PARENT_ACC
2024-08-28
legacy
other · AGREEMENT2
2024-08-28