EXOL LUBRICANTS LIMITED
🌳Matureactive
02587124 · ltd · incorporated 1991-03-01
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
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 19209
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 75/100 (strong), bankability 57/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
13 live charges · 9 lenders · oldest 34.6y
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 34.6 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
29 officers (5 active, 29 linked, 22 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
176 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (92 events)Click to expand
- 2025-09-05📄accounts-with-accounts-type-fullaccounts · AA
- 2025-05-01📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-06📄accounts-with-accounts-type-fullaccounts · AA
- 2023-11-17📄accounts-with-accounts-type-fullaccounts · AA
- 2022-11-23📄accounts-with-accounts-type-fullaccounts · AA
- 2021-10-05📄accounts-with-accounts-type-fullaccounts · AA
- 2020-11-23📄accounts-with-accounts-type-fullaccounts · AA
- 2020-07-22📄change-person-director-company-with-change-dateofficers · CH01
- 2020-07-22📄change-person-director-company-with-change-dateofficers · CH01
- 2020-07-21📄change-person-director-company-with-change-dateofficers · CH01
- 2020-07-21📄change-person-director-company-with-change-dateofficers · CH01
- 2020-07-21📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-10-07📄accounts-with-accounts-type-fullaccounts · AA
- 2018-08-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-08-23🔓Charge satisfied #10
- 2018-07-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-07-19📄change-person-director-company-with-change-dateofficers · CH01
- 2018-07-19📄change-person-secretary-company-with-change-dateofficers · CH03
- 2017-11-29🔓Charge satisfied #13
- 2015-06-30➖HOOLE, Jonathan resigneddirector
- 2013-02-01➕HOOLE, Jonathan appointeddirector
- 2012-01-06➕DONALDSON, Scott William appointeddirector
- 2012-01-06➕DUNN, Stephen Lang appointeddirector
- 2010-03-10➖MARTIN, Philip James resigneddirector
- 2010-03-10🔒Charge registered #13Lender: Philip James Martin
- 2010-03-10🔒Charge registered #12Lender: Lloyds Tsb Bank PLC
- 2003-12-29🔒Charge registered #11Lender: Lloyds Tsb Commercial Finance Limited (The Security Holder)
- 2002-06-12🔓Charge satisfied #6
- 2002-06-12🔓Charge satisfied #5
- 2002-06-12🔓Charge satisfied #4
- 2002-06-12🔓Charge satisfied #3
- 2002-06-06➕FROGSON, Darren Barber appointedsecretary
- 2002-06-06➕EVERITT, Steven David appointeddirector
- 2002-06-06➕FROGSON, Darren Barber appointeddirector
- 2002-06-06➖LEES, Iain Roger resignedsecretary
- 2002-06-06➖LEES, Iain Roger resigneddirector
- 2002-06-06➕MARTIN, Philip James appointeddirector
- 2002-06-06➖MCNAIR, Andrew Malcolm resigneddirector
- 2002-06-06🔒Charge registered #10Lender: Lloyds Tsb Commercial Finance Limited
- 2002-06-06🔒Charge registered #9Lender: Lloyds Tsb Bank PLC
- 2002-06-06🔒Charge registered #8Lender: Lloyds Tsb Commercial Finance Limited
- 2002-06-06🔒Charge registered #7Lender: Lloyds Tsb Bank PLC
- 2002-05-02🔒Charge registered #6Lender: Ing Bank N.V., London Branch
- 2001-10-24➖CACKETT, Barry John resigneddirector
- 2001-10-24➖CACKETT, John William resigneddirector
- 2001-10-24➖EVERITT, Steven David resigneddirector
- 2001-10-24➖STOKER, Robert William resigneddirector
- 2001-10-24🔒Charge registered #5Lender: Dunedin Enterprise Investment Trust PLC ("Security Trustee" as Agent Andtrustee for Itself and Each of the Holders of the "Loan Stock")
- 2000-10-11➕CACKETT, Barry John appointeddirector
- 2000-09-25🔓Charge satisfied #2
Showing most recent 50 of 92 events
Owner dependency
58/100
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.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 35 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 · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Darren Barber Frogson Individual · British · DOB 10/1966 · age 60 | 75–100% | — | 75-100% shares | 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 · WS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1440 COLLECTIVE LTD→ 15450279 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 1ST WORKWEAR LIMITED→ 09229759 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 37 ROUND LIMITED→ 14637794 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 3D TOOLING TECHNOLOGIES LIMITED→ 06948845 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| 4 G STEEL STOCKHOLDER LTD→ 07272221 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| A AND J LILLEY LIMITED→ 04768785 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| A C STEELS LTD→ 06759649 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| A1 NUMBER PLATES UK LTD→ 16497386 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A34 TIMBER GATES AND GARAGE DOORS LTD→ 14736574 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| A5 SHEDS LTD→ 12668103 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AB3D DESIGNS LTD→ 13838016 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ABBEY BLINDS LIMITED→ 08140005 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
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
Incorporated1991-03-01
Jurisdictionengland-wales
Primary SIC19209 — SIC 19209
Registered office
Exol Lubricants Limited All Saints Road
Darlaston
Wednesbury
West Midlands
WS10 9LL
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-15
Last: 2026-03-01
Officers (5 active · 24 resigned)
FROGSON, Darren Barber→
Activesecretary · appointed 2002-06-06
View their other companies + combined net worth →
DONALDSON, Scott William→
Activedirector · ~56y · appointed 2012-01-06
View their other companies + combined net worth →
DUNN, Stephen Lang→
Activedirector · ~57y · appointed 2012-01-06
View their other companies + combined net worth →
EVERITT, Steven David→
Activedirector · ~59y · appointed 2002-06-06
View their other companies + combined net worth →
FROGSON, Darren Barber→
Activedirector · ~60y · appointed 2002-06-06
View their other companies + combined net worth →
GILLOTT, David→
Resignedsecretary · appointed 1991-07-12 · resigned 1998-06-08
HESKETH, Mark James→
Resignedsecretary · appointed 1998-06-08 · resigned 2000-05-09
LEES, Iain Roger→
Resignedsecretary · appointed 2000-08-01 · resigned 2002-06-06
MCNAIR, Andrew Malcolm→
Resignedsecretary · appointed 2000-05-09 · resigned 2000-08-01
PHILSEC LIMITED→
Resignedcorporate-nominee-secretary · appointed 1991-03-01 · resigned 1991-07-12
BARKER, Timothy Guy→
Resigneddirector · ~76y · appointed 1991-07-12 · resigned 1998-06-08
BOOTH, Melvyn→
Resigneddirector · ~72y · appointed 1995-10-01 · resigned 1996-11-30
CACKETT, Barry John→
Resigneddirector · ~57y · appointed 2000-10-11 · resigned 2001-10-24
CACKETT, John William→
Resigneddirector · ~84y · appointed 2000-05-09 · resigned 2001-10-24
DORWARD, Kenneth→
Resigneddirector · ~84y · appointed 1996-03-18 · resigned 2000-03-01
EVERITT, Steven David→
Resigneddirector · ~59y · appointed 1991-10-21 · resigned 2001-10-24
HESKETH, Mark James→
Resigneddirector · ~68y · appointed 1998-06-08 · resigned 2000-05-09
HOOLE, Jonathan→
Resigneddirector · ~50y · appointed 2013-02-01 · resigned 2015-06-30
KNIGHTS, Peter Jeremy→
Resigneddirector · ~79y · appointed 1997-02-03 · resigned 1997-09-12
LEES, Iain Roger→
Resigneddirector · ~64y · appointed 2000-08-01 · resigned 2002-06-06
Click a director name to see their full track record across all companies.
Mortgages & charges
13
Total charges
5
Outstanding
1
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Philip James Martin | Debenture | 1 property | 10/03/2010 | 29/11/2017 | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Omnibus guarantee and set-off agreement | 1 property | 10/03/2010 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited (The Security Holder) | All assets debenture | 2 properties | 29/12/2003 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Chattel mortgage (the "deed") | 1 property | 06/06/2002 | 23/08/2018 | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage of freeholds or leaseholds to secure own liabilities of a company | 1 property | 06/06/2002 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Debenture | 1 property | 06/06/2002 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture deed | 1 property | 06/06/2002 | — | |
| satisfied | Ing Bank N.V., London Branch | Composite debenture | 1 property | 02/05/2002 | 12/06/2002 | |
| satisfied | Dunedin Enterprise Investment Trust ("Security Trustee" as Agent Andtrustee for Itself and Each of the Holders of the "Loan Stock") Dunedin Enterprise Investment Trust PLC ("Security Trustee" as Agent Andtrustee for Itself and Each of the Holders of the "Loan Stock") | Guarantee & debenture | 1 property | 24/10/2001 | 12/06/2002 | |
| satisfied | Dunedin Enterprise Investment Trust Dunedin Enterprise Investment Trust PLC | A deed of accession between the company, oss group limited and dunedin enterprise investment trust PLC | 1 property | 12/07/2000 | 12/06/2002 | |
| satisfied | Bhf-Bank Ag | Debenture | 1 property | 07/07/2000 | 12/06/2002 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 11/10/1999 | 25/09/2000 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 28/10/1991 | 25/09/2000 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (176 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-13
accounts-with-accounts-type-full
accounts · AA
2025-09-05
change-person-director-company-with-change-date
officers · CH01
2025-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-28
accounts-with-accounts-type-full
accounts · AA
2024-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-08
accounts-with-accounts-type-full
accounts · AA
2023-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-27
accounts-with-accounts-type-full
accounts · AA
2022-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-04
accounts-with-accounts-type-full
accounts · AA
2021-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-19
accounts-with-accounts-type-full
accounts · AA
2020-11-23
change-person-director-company-with-change-date
officers · CH01
2020-07-22
change-person-director-company-with-change-date
officers · CH01
2020-07-22