ANCORITE SURFACE PROTECTION LIMITED
📉Decliningactive
02393313 · ltd · incorporated 1989-06-08
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.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
- · Lifecycle stage drifting downward
- · Currently "declining"
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Floor and wall covering
Sector: Construction
Investor take
PursueConservative operator with a 61-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (60/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 21.8y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 21.8 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (82/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
26 officers (5 active, 26 linked, 20 with DOB)
85
Ownership & PSC
1 active PSC(s) of 7 total, 7 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
175 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
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 · FRS 102Profitable
Profit before tax £1,143,214
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Profit before tax | £1.14M | £1.52M |
| Average employees | 50 | 6300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (72 events)Click to expand
- 2026-03-12📄accounts-with-accounts-type-fullaccounts · AA
- 2025-05-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-03-28➕CLARK, Steven David appointeddirector
- 2025-03-28➖FRAIN, Anthony James resigneddirector
- 2025-03-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-12📄accounts-with-accounts-type-fullaccounts · AA
- 2024-12-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-09-30➖DORAN, Gary William Gerard John resigneddirector
- 2024-09-03➕HUNTER, Mark Philip appointeddirector
- 2024-05-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-10📄accounts-with-accounts-type-fullaccounts · AA
- 2024-01-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-01-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-01-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-10-26📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2023-10-24📄accounts-with-accounts-type-fullaccounts · AA
- 2023-02-21📄resolutionresolution · RESOLUTIONS
- 2023-02-21📄memorandum-articlesincorporation · MA
- 2022-09-26📄accounts-with-accounts-type-fullaccounts · AA
- 2022-05-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-05-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-05-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-04-29➖CLEGG, David Jeffrey resigneddirector
- 2021-09-03➕NICHOLSON, Mark appointedsecretary
- 2021-09-03➖SMITH, Alison Veronica resignedsecretary
- 2021-09-03➖SMITH, Alison Veronica resigneddirector
- 2021-02-01➕NICHOLSON, Mark appointeddirector
- 2018-02-07➕DORAN, Gary William Gerard John appointeddirector
- 2016-04-29➕CLEGG, David Jeffrey appointeddirector
- 2016-04-29➖MCCONNELL, Neil resigneddirector
- 2016-03-29➕FRAIN, Anthony James appointeddirector
- 2014-10-06➕SMITH, Alison Veronica appointedsecretary
- 2014-10-04➖BRADBURY, Piers Graham resignedsecretary
- 2013-04-30➕CUMMINGS, Andrew appointeddirector
- 2013-04-30➖BRADBURY, Piers Graham resigneddirector
- 2013-04-30➕SMITH, Alison Veronica appointeddirector
- 2009-07-31🔓Charge satisfied #3
- 2009-07-31🔓Charge satisfied #2
- 2009-07-31🔓Charge satisfied #1
- 2007-07-06🔒Charge registered #4Lender: Clydesdale Bank PLC
- 2007-04-26➖GROSS, Johann Werner, Herr resigneddirector
- 2007-04-26➖WEISS, Jurgen Michael resigneddirector
- 2007-04-26🔒Charge registered #3Lender: National Westminster Bank PLC
- 2007-04-26🔒Charge registered #2Lender: National Westminster Bank PLC
- 2006-05-18➕BRADBURY, Piers Graham appointedsecretary
- 2006-05-18➖WESTMACOTT, Paul Simon resignedsecretary
- 2006-05-18➖WESTMACOTT, Paul Simon resigneddirector
- 2005-01-07➖BUHLER, Hans Joachim, Dr resigneddirector
Showing most recent 50 of 72 events
Owner dependency
48/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
53/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondary12+ year tenure: Director in role 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Ancorite Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Ancorite Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
ANCORITE SURFACE PROTECTION LIMITED
This company · 02393313
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 |
|---|---|---|---|---|
Ancorite Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
6 historic (ceased) PSCs
- Mr Mark Nicholsonceased 29/04/2022· significant influence
- Mr Gary William Gerard John Doranceased 16/02/2023· significant influence
- Mr Anthony James Frainceased 16/02/2023· significant influence
- Mr Andrew Cummingsceased 16/02/2023· significant influence
- Mr David Jeffrey Cleggceased 29/04/2022· significant influence
- Mrs Alison Veronica Smithceased 03/09/2021· 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 →Similar companies
Active · Construction · CW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & R DECORATING LTD→ 12150208 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| A.R.B PLUMBING & HEATING LTD→ 11507417 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AKA BUILDERS CREWE LTD→ 16148900 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALL ELEMENTS PROPERTY SERVICES LIMITED→ 12173614 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ALL WEATHER ROOF REPAIRS LTD→ 16797816 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALLMAN CONTRACT SERVICES LTD→ 12645422 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ALTER ECO RENEWABLES LIMITED→ 15120720 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALUMINIUM DOORS DIRECT LTD→ 13895393 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AM HEATING LIMITED→ 10965027 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AMATI CONSTRUCTION LTD→ 12642592 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AMR TECHNICAL LTD→ 12853840 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ANDERSON ASPECTS LIMITED→ 14247155 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated1989-06-08
Jurisdictionengland-wales
Primary SIC43330 — Floor and wall covering
Registered office
Millbuck Way
Ettiley Heath
Sandbach
Cheshire
CW11 3AB
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-06-14
Last: 2026-05-31
Officers (5 active · 21 resigned)
Active
CLARK, Steven David→
Activedirector · ~51y · appointed 2025-03-28
View their other companies + combined net worth →
CUMMINGS, Andrew→
Activedirector · ~61y · appointed 2013-04-30
View their other companies + combined net worth →
HUNTER, Mark Philip→
Activedirector · ~46y · appointed 2024-09-03
View their other companies + combined net worth →
NICHOLSON, Mark→
Activedirector · ~60y · appointed 2021-02-01
View their other companies + combined net worth →
BRADBURY, Piers Graham→
Resignedsecretary · appointed 2006-05-18 · resigned 2014-10-04
EYTLE, Joseph Alexander→
Resignedsecretary · resigned 1994-12-05
RAVN AAGAARD, Ib→
Resignedsecretary · appointed 1994-12-05 · resigned 1996-07-25
SMITH, Alison Veronica→
Resignedsecretary · appointed 2014-10-06 · resigned 2021-09-03
WESTMACOTT, Paul Simon→
Resignedsecretary · appointed 1996-07-25 · resigned 2006-05-18
BRADBURY, Piers Graham→
Resigneddirector · ~76y · appointed 1998-03-01 · resigned 2013-04-30
BUHLER, Hans Joachim, Dr→
Resigneddirector · ~79y · appointed 2004-01-30 · resigned 2005-01-07
CLEGG, David Jeffrey→
Resigneddirector · ~63y · appointed 2016-04-29 · resigned 2022-04-29
DORAN, Gary William Gerard John→
Resigneddirector · ~60y · appointed 2018-02-07 · resigned 2024-09-30
FRAIN, Anthony James→
Resigneddirector · ~67y · appointed 2016-03-29 · resigned 2025-03-28
FRICKE, Hans Dieter, Dr→
Resigneddirector · ~86y · appointed 1997-08-01 · resigned 1999-08-10
FRICKE, Hans Dieter, Dr-Ing→
Resigneddirector · ~86y · resigned 1995-06-23
GROSS, Johann Werner, Herr→
Resigneddirector · ~74y · appointed 2005-01-07 · resigned 2007-04-26
MCCONNELL, Neil→
Resigneddirector · ~69y · appointed 2001-03-23 · resigned 2016-04-29
MIERKE, Bodo→
Resigneddirector · ~75y · appointed 2000-03-31 · resigned 2004-01-19
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | Debenture | 1 property | 06/07/2007 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 26/04/2007 | 31/07/2009 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 26/04/2007 | 31/07/2009 | |
| satisfied | Bayerische Hypo-Und Vereinsbank Aktiengesellschaft | Deposit account charge | 1 property | 14/09/2004 | 31/07/2009 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (175 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-10
accounts-with-accounts-type-full
accounts · AA
2026-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-05-29
appoint-person-director-company-with-name-date
officers · AP01
2025-03-28
termination-director-company-with-name-termination-date
officers · TM01
2025-03-28
accounts-with-accounts-type-full
accounts · AA
2025-03-12
appoint-person-director-company-with-name-date
officers · AP01
2024-12-03
termination-director-company-with-name-termination-date
officers · TM01
2024-11-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-28
accounts-with-accounts-type-full
accounts · AA
2024-04-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-31