APPLIED TECHNOLOGY DEVELOPMENTS LIMITED
🌳Matureactive
02454309 · ltd · incorporated 1989-12-20
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 34.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 28990
Sector: Manufacturing
Investor take
PursueActive trading company with a 68-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (68/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 34.2y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 34.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
11 officers (3 active, 11 linked, 10 with DOB)
88
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
119 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
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 | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Average employees | 800 | 900 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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 (34 events)Click to expand
- 2025-10-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-02-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-11-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-11-11📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-12-11📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-11-07📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-11-21➖KELLY, David Martin resigneddirector
- 2003-05-15➕KELLY, David Martin appointeddirector
- 2003-05-15➖SCHWARTZ, Robert John resigneddirector
- 2002-08-09➖CAZOT, Javier resigneddirector
- 2002-08-09➖KELLY, David Martin resigneddirector
- 1997-11-12➖JOHNSON, Richard resigneddirector
- 1997-11-12➕SCHWARTZ, Robert John appointeddirector
- 1997-07-09➕KELLY, David Martin appointeddirector
- 1997-07-09➖PELLEGRINI, Richard resigneddirector
- 1996-02-22➕JOHNSON, Richard appointeddirector
- 1996-02-22➕PELLEGRINI, Richard appointeddirector
- 1996-01-05🔓Charge satisfied #1
- 1995-05-31➖WESLEY, John resigneddirector
- 1994-12-12🔒Charge registered #2Lender: National Westminster Bank PLC
- 1992-05-01➕CAZOT, Javier appointeddirector
- 1992-05-01➖RICHARDS, Michael Roy resigneddirector
- 1992-05-01➕WESLEY, John appointeddirector
- 1992-04-01🔒Charge registered #1Lender: Lloyds Bank PLC
- 1989-12-20🏢Company incorporatedAs APPLIED TECHNOLOGY DEVELOPMENTS LIMITED
Owner dependency
73/100
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.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 37 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Paul Spencer Reeve Individual · British · DOB 04/1959 · age 67 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
Mr David Jeremy Langrick Individual · British · DOB 06/1958 · age 68 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 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
Active · Manufacturing · NN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & R PRINT SOLUTIONS LTD→ 05623046 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ANGLO EARTH RESOURCING LTD→ 03271016 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| AP2 MAINTENANCE SERVICES LTD→ 15875363 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| APEX INNOVATE LTD→ 13216503 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| APOLLO TYRES (UK) SALES LTD.→ 00290012 · est 1934 · no financials extracted | — | — | — | — | 91y | — | — |
| AQUA NATURAL LIMITED→ 02329621 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| AQUAFABS LIMITED→ 05302034 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| AQUAFLAMES DAVENTRY LIMITED→ 13963694 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ARBURY ELECTRICAL SERVICES LTD→ 13916868 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ARBURY PRECISION ENGINEERING LTD→ 13916806 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ARBURY STONE PRODUCTS LIMITED→ 14816980 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARCHITECTURAL METAL CRAFTSMEN LTD→ 06014745 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
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
Incorporated1989-12-20
Jurisdictionengland-wales
Primary SIC28990 — SIC 28990
Registered office
23 Cottingham Way
Thrapston
Northants
NN14 4PL
England
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-09-18
Last: 2025-09-04
Officers (3 active · 8 resigned)
Active
Active
Active
CAZOT, Javier→
Resigneddirector · ~76y · appointed 1992-05-01 · resigned 2002-08-09
JOHNSON, Richard→
Resigneddirector · ~80y · appointed 1996-02-22 · resigned 1997-11-12
KELLY, David Martin→
Resigneddirector · ~84y · appointed 2003-05-15 · resigned 2006-11-21
KELLY, David Martin→
Resigneddirector · ~84y · appointed 1997-07-09 · resigned 2002-08-09
PELLEGRINI, Richard→
Resigneddirector · ~82y · appointed 1996-02-22 · resigned 1997-07-09
RICHARDS, Michael Roy→
Resigneddirector · ~82y · resigned 1992-05-01
SCHWARTZ, Robert John→
Resigneddirector · ~79y · appointed 1997-11-12 · resigned 2003-05-15
WESLEY, John→
Resigneddirector · ~95y · appointed 1992-05-01 · resigned 1995-05-31
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 12/12/1994 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Single debenture | 1 property | 01/04/1992 | 05/01/1996 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (119 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-15
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-05-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-30