BROOKTHERM REFRIGERATION LIMITED
📈Growthactive
02422487 · ltd · incorporated 1989-09-13
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 24.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
£22.10M
year to Mar 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 33200
Sector: Manufacturing
Investor take
PursueStrong opportunity: conservative operator with exceptional profile and bankable structure.
Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (60/100, director aged 58). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (78/100).
🏦
Refinance opportunity
5 live charges · 2 lenders · oldest 24.7y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 24.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 20/100 — clean.
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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
18 officers (6 active, 18 linked, 13 with DOB)
84
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
132 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
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
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 £1,098,102
Strong revenue growth
Turnover up 28% YoY
Turnover YoY
+28%
Year on year
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 | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Turnover | £22.10M | £17.31M |
| Gross profit | £2.43M | £1.99M |
| Operating profit | £1.02M | £1.24M |
| Profit before tax | £1.10M | £1.28M |
| Average employees | 9100 | 7900 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
0
filings
Counts from Companies House filing history.
Corporate timeline (58 events)Click to expand
- 2025-12-05📄accounts-with-accounts-type-fullaccounts · AA
- 2025-01-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-31➖PARKMAN, Clive resigneddirector
- 2024-10-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-09-12➕MICALI, Valerio appointeddirector
- 2024-07-01📄accounts-with-accounts-type-fullaccounts · AA
- 2023-12-20📄resolutionresolution · RESOLUTIONS
- 2023-12-20📄memorandum-articlesincorporation · MA
- 2023-12-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-30➕EGELAND, Torstein appointeddirector
- 2023-11-30➕SINGH, Surjit Mahe appointeddirector
- 2023-11-30➕PARKMAN, Clive appointeddirector
- 2023-11-30📄accounts-with-accounts-type-fullaccounts · AA
- 2023-11-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-11-29🔓Charge satisfied #5
- 2023-11-29🔓Charge satisfied #4
- 2023-10-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-10-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-10-12📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-12📄change-person-director-company-with-change-dateofficers · CH01
- 2023-02-07📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-02-07📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-01-31➕KEATING, Jamie Christopher appointedsecretary
- 2023-01-31➖KEATING, John resignedsecretary
- 2022-12-21📄accounts-with-accounts-type-fullaccounts · AA
- 2021-12-22📄accounts-with-accounts-type-fullaccounts · AA
- 2020-03-10➖KEATING, Christopher resigneddirector
- 2015-12-01➖WEBSTER, Terence resigneddirector
- 2015-04-11🔓Charge satisfied #3
- 2015-03-11🔒Charge registered #5Lender: Barclays Bank PLC
- 2015-01-14🔒Charge registered #4Lender: Barclays Bank PLC
- 2014-05-30🔓Charge satisfied #2
- 2014-05-30🔓Charge satisfied #1
- 2010-04-21🔒Charge registered #3Lender: Hsbc Bank PLC
- 2008-01-15➕KEATING, Jamie Christopher appointeddirector
- 2006-12-08➖KEATING, Helen resignedsecretary
- 2006-12-08➕KEATING, John appointedsecretary
- 2005-03-31➖KEATING, Jamie Christopher resigneddirector
- 2004-03-26➖KEATING, John resigneddirector
- 2004-03-26➕WEBSTER, Terence appointeddirector
- 2004-03-16➕KEATING, Daniel Christopher appointeddirector
- 2004-03-16➕KEATING, Jamie Christopher appointeddirector
- 2001-12-07🔒Charge registered #2Lender: Barclays Bank PLC
- 2001-11-02🔒Charge registered #1Lender: Barclays Bank PLC
- 2001-10-18➕KEATING, Christopher appointeddirector
- 1999-08-20➕KEATING, Helen appointedsecretary
- 1999-08-20➖WATTS, Alexander John resignedsecretary
Showing most recent 50 of 58 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
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primary20+ year tenure: Director in role 22 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 ·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
Brooktherm Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Brooktherm Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
BROOKTHERM REFRIGERATION LIMITED
This company · 02422487
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 |
|---|---|---|---|---|
Brooktherm Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
2 historic (ceased) PSCs
- Mr Jamie Christopher Keatingceased 10/03/2023· significant influence
- Mr Christopher Keatingceased 10/03/2020· 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 · Manufacturing · CH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BEAUFORT GROUP HOLDINGS LIMITED→ 12667860 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BEDFORD STEEL FABRICATIONS LTD→ 07983917 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| BESPOKE OFFICE FURNITURE LIMITED→ 10650891 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| BETTERFORCE LIMITED→ 03882247 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| BLACKHURST ENGINEERING LTD→ 09981309 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| BOSS HORSEBOXES LTD→ 12615624 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BPC (NW) LTD→ 16817774 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BROCKWITZ BESPOKE LTD→ 16033972 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BROMFIELD GROUP LIMITED→ 02848944 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| BROWN BREAD (UK) LTD→ 05131425 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| BROWNSTONE APPAREL LIMITED→ 16853839 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BRUEGEL OFFICE LTD→ 16862292 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1989-09-13
Jurisdictionengland-wales
Primary SIC33200 — SIC 33200
Registered office
3 Kelvin Park
Birkenhead
Wirral
Cheshire
CH41 1LT
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-27
Last: 2025-09-13
Officers (6 active · 12 resigned)
KEATING, Jamie Christopher→
Activesecretary · appointed 2023-01-31
View their other companies + combined net worth →
EGELAND, Torstein→
Activedirector · ~53y · appointed 2023-11-30
View their other companies + combined net worth →
KEATING, Daniel Christopher→
Activedirector · ~47y · appointed 2004-03-16
View their other companies + combined net worth →
KEATING, Jamie Christopher→
Activedirector · ~52y · appointed 2008-01-15
View their other companies + combined net worth →
MICALI, Valerio→
Activedirector · ~50y · appointed 2024-09-12
View their other companies + combined net worth →
SINGH, Surjit Mahe→
Activedirector · ~58y · appointed 2023-11-30
View their other companies + combined net worth →
HUGHES, Sheila→
Resignedsecretary · resigned 1993-11-01
KEATING, Helen→
Resignedsecretary · appointed 1999-08-20 · resigned 2006-12-08
KEATING, John→
Resignedsecretary · appointed 2006-12-08 · resigned 2023-01-31
WATTS, Alexander John→
Resignedsecretary · appointed 1993-11-01 · resigned 1999-08-20
DAVENPORT, Stuart→
Resigneddirector · ~80y · resigned 1995-11-01
HUGHES, Michael→
Resigneddirector · ~83y · resigned 1993-11-01
KEATING, Christopher→
Resigneddirector · ~77y · appointed 2001-10-18 · resigned 2020-03-10
KEATING, Jamie Christopher→
Resigneddirector · ~52y · appointed 2004-03-16 · resigned 2005-03-31
KEATING, John→
Resigneddirector · ~74y · appointed 1998-03-01 · resigned 2004-03-26
PARKMAN, Clive→
Resigneddirector · ~70y · appointed 2023-11-30 · resigned 2024-12-31
TYLER, Shirley Ann→
Resigneddirector · ~66y · appointed 1995-11-01 · resigned 1998-03-01
WEBSTER, Terence→
Resigneddirector · ~77y · appointed 2004-03-26 · resigned 2015-12-01
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 11/03/2015 | 29/11/2023 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 14/01/2015 | 29/11/2023 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 21/04/2010 | 11/04/2015 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 07/12/2001 | 30/05/2014 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 02/11/2001 | 30/05/2014 |
Recent filings (132 total)
accounts-with-accounts-type-full
accounts · AA
2025-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-06
termination-director-company-with-name-termination-date
officers · TM01
2025-01-02
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-08
appoint-person-director-company-with-name-date
officers · AP01
2024-10-08
accounts-with-accounts-type-full
accounts · AA
2024-07-01
resolution
resolution · RESOLUTIONS
2023-12-20
memorandum-articles
incorporation · MA
2023-12-20
appoint-person-director-company-with-name-date
officers · AP01
2023-12-11
appoint-person-director-company-with-name-date
officers · AP01
2023-12-11
appoint-person-director-company-with-name-date
officers · AP01
2023-12-11
accounts-with-accounts-type-full
accounts · AA
2023-11-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-29
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-26