48624 LOCOMOTIVE COMPANY LIMITED

🌳Matureactive
02555345 · ltd · incorporated 1990-11-06
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£217.8k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 30200
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 76-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 76). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
18 officers (5 active, 18 linked, 14 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
114 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £217,846
Net assets shrinking
Down £22,408 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£218k
↓ 9.3% YoY
Current Assets
£145k
↓ 13% YoY
Current Liabilities
—
£0£48k£96k£144k£192k£240kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£331.8k£354.3k
Current assets£145.4k£166.2k
Net assets£217.8k£240.3k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • • 2 officers
Last 180 days
2
filings
  • • 2 officers
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2026-03-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-03-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-11-17
    ➖
    GRICE, Alen resigned
    director
  4. 2025-11-17
    ➖
    SILCOCK, Kenneth resigned
    director
  5. 2025-08-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-08-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-08-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-11-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2022-08-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-08-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-08-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-08-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-08-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-11-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2017-11-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2017-08-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2016-10-08
    ➕
    PAKES, Alan appointed
    director
  18. 2016-09-02
    ➖
    HIRST, Arthur resigned
    director
  19. 2016-08-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2015-03-07
    ➖
    BRADLEY, Ernest resigned
    director
  21. 2011-10-08
    ➕
    HUNTER, Simon appointed
    secretary
  22. 2011-10-08
    ➖
    WILLIAMS, Ian Stewart resigned
    secretary
  23. 2011-03-19
    ➖
    BOWN, Carl resigned
    director
  24. 2011-03-19
    ➕
    BRADLEY, Ernest appointed
    director
  25. 2010-10-23
    ➕
    OAKS, Timothy John, Mr. appointed
    director
  26. 2010-10-09
    ➕
    HUNTER, Simon appointed
    director
  27. 2010-08-21
    ➖
    CLARK, Michael Albert resigned
    director
  28. 2009-10-03
    ➕
    GRICE, Alen appointed
    director
  29. 2005-11-26
    ➕
    HIRST, Arthur appointed
    director
  30. 2005-11-12
    ➕
    CLARK, Michael Albert appointed
    director
  31. 2005-10-29
    ➖
    ROBB, Gordon James resigned
    director
  32. 2005-01-04
    ➖
    CARTWRIGHT, Reginald resigned
    director
  33. 2003-09-20
    ➕
    ROBB, Gordon James appointed
    director
  34. 2002-10-05
    ➕
    GODLEY, Keith appointed
    director
  35. 1999-06-06
    ➕
    SILCOCK, Kenneth appointed
    director
  36. 1996-10-01
    ➕
    WILLIAMS, Ian Stewart appointed
    secretary
  37. 1996-09-30
    ➖
    MILTON, Hugh David resigned
    secretary
  38. 1995-10-19
    ➖
    OLIVER, Brian resigned
    director
  39. 1993-10-31
    ➖
    WOOD, Andrew Richard resigned
    secretary
  40. 1992-11-21
    ➖
    LYNCH, Andrew resigned
    director
  41. 1992-03-21
    ➕
    OLIVER, Brian appointed
    director
  42. 1990-11-06
    🏢
    Company incorporated
    As 48624 LOCOMOTIVE COMPANY LIMITED

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 76 — succession pressure is live.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 36 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: GRICE, Alen resigned 2025-11-17; SILCOCK, Kenneth resigned 2025-11-17

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Keith Godley
Individual · British · DOB 10/1950 · age 76
25–50%
—25-50% shares01/09/2016

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 →

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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
Incorporated1990-11-06
Jurisdictionengland-wales
Primary SIC30200 — SIC 30200

Registered office

30 30 Palma Park
Shelley Street
Loughborough
Leicestershire
LE77 5LB
England

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-14
Last: 2025-10-31

Officers (5 active · 13 resigned)

HUNTER, Simon→
secretary · appointed 2011-10-08
View their other companies + combined net worth →
Active
GODLEY, Keith→
director · ~76y · appointed 2002-10-05
View their other companies + combined net worth →
Active
HUNTER, Simon→
director · ~53y · appointed 2010-10-09
View their other companies + combined net worth →
Active
OAKS, Timothy John, Mr.→
director · ~69y · appointed 2010-10-23
View their other companies + combined net worth →
Active
PAKES, Alan→
director · ~65y · appointed 2016-10-08
View their other companies + combined net worth →
Active
MILTON, Hugh David→
secretary · resigned 1996-09-30
Resigned
WILLIAMS, Ian Stewart→
secretary · appointed 1996-10-01 · resigned 2011-10-08
Resigned
WOOD, Andrew Richard→
secretary · resigned 1993-10-31
Resigned
BOWN, Carl→
director · ~55y · resigned 2011-03-19
Resigned
BRADLEY, Ernest→
director · ~82y · appointed 2011-03-19 · resigned 2015-03-07
Resigned
CARTWRIGHT, Reginald→
director · ~95y · resigned 2005-01-04
Resigned
CLARK, Michael Albert→
director · ~79y · appointed 2005-11-12 · resigned 2010-08-21
Resigned
GRICE, Alen→
director · ~94y · appointed 2009-10-03 · resigned 2025-11-17
Resigned
HIRST, Arthur→
director · ~84y · appointed 2005-11-26 · resigned 2016-09-02
Resigned
LYNCH, Andrew→
director · ~61y · resigned 1992-11-21
Resigned
OLIVER, Brian→
director · ~87y · appointed 1992-03-21 · resigned 1995-10-19
Resigned
ROBB, Gordon James→
director · ~95y · appointed 2003-09-20 · resigned 2005-10-29
Resigned
SILCOCK, Kenneth→
director · ~95y · appointed 1999-06-06 · resigned 2025-11-17
Resigned

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

Recent filings (114 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-03-10
termination-director-company-with-name-termination-date
officers · TM01
2026-03-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-31
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-24
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-16
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-19
confirmation-statement-with-updates
confirmation-statement · CS01
2020-11-24
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-18