SHIPHAM VALVES LIMITED

⚰️Wound downadministration
02532854 · ltd · incorporated 1990-08-20
Investment thesis
Company administration — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
£5.32M
year to Dec 2021
Net worth
book net assets
Opportunity
28/100
Pass
🔔
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What this business does
Primary activity: SIC 28140
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed low-transparency controlled group — structural issues outweigh the discount.

Opportunity 28/100 (pass), bankability 2/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (100/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

20 live charges · 10 lenders · oldest 35.6y

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 35.6 years old — likely at or near maturity.
  • · 10 lenders named — inter-creditor friction likely.
  • · Legal-friction score 65/100 (specialist).

Data confidence

Overall: medium (73/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
20 charges (20/20 with lender, 20/20 with type)
90
Directors & officers
42 officers (2 active, 42 linked, 33 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
332 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
28/100Pass
PassWatchWorth a lookStrongExceptional 

Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
2
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Loss-making
Loss before tax £5,020,990

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2021-12-31
Turnover£5.32M
Gross profit£1.16M
Operating profit£-4.94M
Profit before tax£-5.02M
Average employees6800

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
1
filing
  • 1 insolvency
Counts from Companies House filing history.
Corporate timeline (132 events)Click to expand
  1. 2026-01-19
    ⚠️
    liquidation-in-administration-progress-report
    insolvency · AM10
  2. 2025-08-04
    ⚠️
    liquidation-in-administration-extension-of-period
    insolvency · AM19
  3. 2025-07-18
    ⚠️
    liquidation-in-administration-progress-report
    insolvency · AM10
  4. 2025-01-15
    ⚠️
    liquidation-in-administration-progress-report
    insolvency · AM10
  5. 2024-11-14
    ⚠️
    liquidation-in-administration-extension-of-period
    insolvency · AM19
  6. 2024-11-14
    ⚠️
    liquidation-in-administration-extension-of-period
    insolvency · AM19
  7. 2024-07-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-07-17
    ⚠️
    liquidation-in-administration-progress-report
    insolvency · AM10
  9. 2024-03-05
    ⚠️
    liquidation-in-administration-statement-of-affairs-with-form-attached
    insolvency · AM02
  10. 2024-02-24
    ⚠️
    liquidation-in-administration-statement-of-affairs-with-form-attached
    insolvency · AM02
  11. 2024-01-31
    ⚠️
    liquidation-administration-notice-deemed-approval-of-proposals
    insolvency · AM06
  12. 2024-01-15
    ⚠️
    liquidation-in-administration-proposals
    insolvency · AM03
  13. 2023-12-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2023-12-20
    ⚠️
    liquidation-in-administration-appointment-of-administrator
    insolvency · AM01
  15. 2023-09-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  16. 2023-02-09
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2022-09-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2022-09-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2022-08-31
    ZINNO, Mario resigned
    secretary
  20. 2022-08-31
    🔒
    Charge registered #20
    Lender: Shipham Holdings Limited
  21. 2022-07-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2022-07-12
    🔒
    Charge registered #19
    Lender: Evergreen Financial Llc
  23. 2021-09-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  24. 2021-07-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2021-07-12
    🔒
    Charge registered #18
    Lender: Barclays Bank PLC
  26. 2021-06-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  27. 2021-05-27
    🔒
    Charge registered #17
    Lender: Barclays Bank PLC
  28. 2021-05-13
    📄
    resolution
    resolution · RESOLUTIONS
  29. 2021-02-17
    🔒
    Charge registered #16
    Lender: Barclays Bank PLC
  30. 2021-01-26
    🔒
    Charge registered #15
    Lender: Barclays Bank PLC
  31. 2020-11-24
    🔒
    Charge registered #14
    Lender: Barclays Bank PLC
  32. 2020-10-01
    AMRAM, Lior Isaac appointed
    director
  33. 2020-10-01
    BROWNING, Gordon Robert appointed
    director
  34. 2020-10-01
    BROWNING, Gordon Robert resigned
    director
  35. 2020-10-01
    LEHTINEN, Arto Juhani resigned
    director
  36. 2020-10-01
    ROWLANDS, Christopher David resigned
    director
  37. 2020-07-01
    DE GRUIJTER, Tamara resigned
    director
  38. 2020-03-01
    DE GRUIJTER, Tamara appointed
    director
  39. 2019-05-28
    KOPONEN, Timo Ensio resigned
    director
  40. 2018-11-01
    LEHTINEN, Arto Juhani appointed
    director
  41. 2018-11-01
    ROWLANDS, Christopher David appointed
    director
  42. 2018-07-02
    MOULDS, Robert Stewart appointed
    director
  43. 2018-06-20
    STUBBS, Laura Catherine resigned
    secretary
  44. 2018-06-20
    HARDING, Christopher George resigned
    director
  45. 2018-06-15
    ZINNO, Mario appointed
    secretary
  46. 2016-11-17
    HARDING, Christopher George appointed
    director
  47. 2016-11-17
    HUGHES, Michael William resigned
    director
  48. 2016-05-16
    DAWES, Peter Graham resigned
    secretary
  49. 2016-05-16
    STUBBS, Laura Catherine appointed
    secretary
  50. 2016-05-05
    SMITH, Michael Lee resigned
    director
Showing most recent 50 of 132 events

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 36 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

4 high · 1 med · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2023-12-28

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2024-04-12

Company status: administration
high

Company is in a formal insolvency or administration process. Treat accordingly.

12 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-01-19: liquidation-in-administration-progress-report; 2025-08-04: liquidation-in-administration-extension-of-period

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.

7 live charges
low

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

Group structure

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

🏛️
Shipham Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
SHIPHAM VALVES LIMITED
This company · 02532854

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
Shipham Holdings Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting01/10/2020
1 historic (ceased) PSC
  • Aw Flow Holdings Limitedceased 01/10/2020· 75-100% shares

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

13 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

Statusadministration
Typeltd
Incorporated1990-08-20
Jurisdictionengland-wales
Primary SIC28140 — SIC 28140

Registered office

Forvis Mazars Llp, One
St. Peters Square
Manchester
M2 3DE

Filing status

Accounts
Next due: 2023-12-28OVERDUE
Last made up to: 2021-12-31
Confirmation statement
Next due: 2024-04-12OVERDUE
Last: 2023-03-29

Officers (2 active · 40 resigned)

AMRAM, Lior Isaac
director · ~54y · appointed 2020-10-01
View their other companies + combined net worth →
Active
MOULDS, Robert Stewart
director · ~56y · appointed 2018-07-02
View their other companies + combined net worth →
Active
BROCKWAY, Mark Philip
secretary · appointed 1994-01-12 · resigned 1995-04-21
Resigned
DAWES, Peter Graham
secretary · appointed 2011-10-03 · resigned 2016-05-16
Resigned
GIBSON, Martin George Selwyn
secretary · appointed 1995-04-21 · resigned 1999-10-04
Resigned
GIBSON, Martin George Selwyn
secretary · resigned 1994-01-12
Resigned
GRAY, Timothy John
secretary · appointed 1999-10-04 · resigned 2004-07-08
Resigned
GUEST, Alan
secretary · appointed 2005-03-08 · resigned 2011-09-09
Resigned
KIRKBY, Richard John
secretary · appointed 2004-07-09 · resigned 2005-03-07
Resigned
STUBBS, Laura Catherine
secretary · appointed 2016-05-16 · resigned 2018-06-20
Resigned
ZINNO, Mario
secretary · appointed 2018-06-15 · resigned 2022-08-31
Resigned
ANSELL, Mark Picton
director · ~63y · appointed 1995-03-15 · resigned 2011-10-03
Resigned
ANSELL, Sarah Barbara
director · ~64y · appointed 2009-12-31 · resigned 2011-10-03
Resigned
BRECH, Robert, Dr
director · ~80y · appointed 2004-03-01 · resigned 2011-10-03
Resigned
BROWNING, Gordon Robert
director · ~74y · appointed 2020-10-01 · resigned 2020-10-01
Resigned
CROMPTON, Paul
director · ~65y · appointed 2011-10-03 · resigned 2012-04-18
Resigned
DE GRUIJTER, Tamara
director · ~54y · appointed 2020-03-01 · resigned 2020-07-01
Resigned
FARAZMAND, Timothy Barham Neville
director · ~66y · appointed 1995-11-16 · resigned 1997-11-26
Resigned
FLEETWOOD, Paul Anthony
director · ~57y · appointed 2011-10-03 · resigned 2015-12-03
Resigned
GIBSON, Martin George Selwyn
director · ~65y · resigned 1999-12-02
Resigned

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

Mortgages & charges

20
Total charges
7
Outstanding
3
Active lenders
Status:Lender:20 of 20 shown
TypeProperties
outstanding
Shipham Holdings
Shipham Holdings Limited
A registered charge31/08/2022
outstanding
Evergreen Financial
Evergreen Financial Llc
A registered charge12/07/2022
outstanding
Barclays
Barclays Bank PLC
A registered charge12/07/2021
outstanding
Barclays
Barclays Bank PLC
A registered charge27/05/2021
outstanding
Barclays
Barclays Bank PLC
A registered charge17/02/2021
outstanding
Barclays
Barclays Bank PLC
A registered charge26/01/2021
outstanding
Barclays
Barclays Bank PLC
A registered charge24/11/2020
satisfied
South Yorkshire Investments Development Fund Partnership
South Yorkshire Investments Development Fund Limited Partnership
Debenture1 property09/06/200623/08/2007
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property01/11/200407/02/2012
satisfied
Barclays
Barclays Bank PLC
Debenture1 property29/10/200407/02/2012
satisfied
Lloyds Banking Group
The Royal Bank of Scotland Commercial Services Limited
Fixed and floating charge1 property31/01/200320/10/2004
satisfied
Barclays
Barclays Bank PLC
Legal charge2 properties08/11/200007/02/2012
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Mortgage1 property27/02/199821/10/2003
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Legal mortgage1 property28/05/199309/12/1995
satisfied
Senior Control Engineering
Senior Control Engineering Limited
Legal charge1 property22/03/199309/12/1995
satisfied
Senior Control Engineering
Senior Control Engineering Limited
Fixed and floating charge1 property22/03/199309/12/1995
satisfied
W.D.Gibson
Legal charge1 property22/03/199309/12/1995
satisfied
M.G.S.Gibson
Legal charge1 property22/03/199309/12/1995
satisfied
E.N.S.Gibson
Legal charge1 property22/03/199309/12/1995
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Single debenture1 property05/11/199020/10/2004
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (332 total)

liquidation-in-administration-progress-report
insolvency · AM10
2026-01-19
liquidation-in-administration-extension-of-period
insolvency · AM19
2025-08-04
liquidation-in-administration-progress-report
insolvency · AM10
2025-07-18
liquidation-in-administration-progress-report
insolvency · AM10
2025-01-15
liquidation-in-administration-extension-of-period
insolvency · AM19
2024-11-14
liquidation-in-administration-extension-of-period
insolvency · AM19
2024-11-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-18
liquidation-in-administration-progress-report
insolvency · AM10
2024-07-17
liquidation-in-administration-statement-of-affairs-with-form-attached
insolvency · AM02
2024-03-05
liquidation-in-administration-statement-of-affairs-with-form-attached
insolvency · AM02
2024-02-24
liquidation-administration-notice-deemed-approval-of-proposals
insolvency · AM06
2024-01-31
liquidation-in-administration-proposals
insolvency · AM03
2024-01-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-20
liquidation-in-administration-appointment-of-administrator
insolvency · AM01
2023-12-20
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-09-28