COLMWORTH ELECTRONICS LIMITED

🌳Matureactive
02645095 · ltd · incorporated 1991-09-12
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.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 77/100 (strong), bankability 77/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 33.7y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 33.7 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 33/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (60/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
11 officers (3 active, 11 linked, 6 with DOB)
81
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
118 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
  1. 2025-03-26
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  2. 2024-11-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2024-11-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2024-11-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2024-11-11
    🔓
    Charge satisfied #3
  6. 2024-11-11
    🔓
    Charge satisfied #2
  7. 2024-11-11
    🔓
    Charge satisfied #1
  8. 2024-10-31
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2024-10-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  10. 2024-10-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2024-10-31
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2024-10-31
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  13. 2024-10-31
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  14. 2024-10-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2024-10-31
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  16. 2024-10-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2024-10-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2024-10-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2024-10-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2024-10-30
    YODAIKEN, Daniel Lewis appointed
    secretary
  21. 2024-10-30
    YODAIKEN, Daniel Lewis appointed
    director
  22. 2024-10-30
    YODAIKEN, David Reuben appointed
    director
  23. 2024-10-30
    HURLEY, Brian resigned
    secretary
  24. 2024-10-30
    GOODCHILD, Kevin Pinheiro resigned
    director
  25. 2024-10-30
    HURLEY, Brian resigned
    director
  26. 2024-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  27. 2024-09-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  28. 2024-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  29. 2023-07-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  30. 2023-07-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  31. 2020-07-01
    HURLEY, Brian appointed
    secretary
  32. 2020-07-01
    PRITCHARD, Malcolm David resigned
    secretary
  33. 2020-07-01
    PRITCHARD, Malcolm David resigned
    director
  34. 2018-03-14
    HURLEY, Brian appointed
    director
  35. 2011-03-25
    🔒
    Charge registered #3
    Lender: Lloyds Tsb Commercial Finance Limited
  36. 2006-04-26
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Bank PLC
  37. 2001-04-06
    PRITCHARD, Malcolm David appointed
    director
  38. 1998-09-30
    PRITCHARD, Malcolm David resigned
    director
  39. 1995-05-01
    PRITCHARD, Malcolm David appointed
    secretary
  40. 1995-04-28
    LATCHFORD, Jean Audrey Kathleen resigned
    secretary
  41. 1992-10-07
    🔒
    Charge registered #1
    Lender: Kevin Goodchild
  42. 1992-10-01
    GOODCHILD, Kevin Pinheiro appointed
    director
  43. 1991-09-12
    🏢
    Company incorporated
    As COLMWORTH ELECTRONICS LIMITED
  44. 1991-09-12
    LATCHFORD, Jean Audrey Kathleen appointed
    secretary
  45. 1991-09-12
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  46. 1991-09-12
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  47. 1991-09-12
    PRITCHARD, Malcolm David appointed
    director

Owner dependency

74/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

16/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — YODAIKEN, David Reuben (same surname) appointed 2024-10-30. Pattern consistent with intra-family handover.
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med · 1 low
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.

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

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

🏛️
Cyclops Electronics Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
COLMWORTH ELECTRONICS LIMITED
This company · 02645095

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
Cyclops Electronics Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control30/10/2024
2 historic (ceased) PSCs
  • Mr Maurilio Pinheiro Goodchildceased 30/10/2024· 25-50% shares
  • Mr Kevin Pinheiro Goodchildceased 30/10/2024· 25-50% 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

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
Incorporated1991-09-12
Jurisdictionengland-wales
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

Cyclops House Link Business Park
Osbaldwick Link Road
York
North Yorkshire
YO10 3JB
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-07
Last: 2025-09-23

Officers (3 active · 8 resigned)

YODAIKEN, Daniel Lewis
secretary · appointed 2024-10-30
View their other companies + combined net worth →
Active
YODAIKEN, Daniel Lewis
director · ~63y · appointed 2024-10-30
View their other companies + combined net worth →
Active
YODAIKEN, David Reuben
director · ~34y · appointed 2024-10-30
View their other companies + combined net worth →
Active
HURLEY, Brian
secretary · appointed 2020-07-01 · resigned 2024-10-30
Resigned
LATCHFORD, Jean Audrey Kathleen
secretary · appointed 1991-09-12 · resigned 1995-04-28
Resigned
PRITCHARD, Malcolm David
secretary · appointed 1995-05-01 · resigned 2020-07-01
Resigned
SWIFT INCORPORATIONS LIMITED
corporate-nominee-secretary · appointed 1991-09-12 · resigned 1991-09-12
Resigned
GOODCHILD, Kevin Pinheiro
director · ~68y · appointed 1992-10-01 · resigned 2024-10-30
Resigned
HURLEY, Brian
director · ~60y · appointed 2018-03-14 · resigned 2024-10-30
Resigned
PRITCHARD, Malcolm David
director · ~56y · appointed 2001-04-06 · resigned 2020-07-01
Resigned
PRITCHARD, Malcolm David
director · ~56y · appointed 1991-09-12 · resigned 1998-09-30
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited
All assets debenture1 property25/03/201111/11/2024
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Debenture1 property26/04/200611/11/2024
satisfied
Kevin Goodchild
Without instrument1 property07/10/199211/11/2024

Recent filings (118 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-29
change-account-reference-date-company-current-extended
accounts · AA01
2025-03-26
mortgage-satisfy-charge-full
mortgage · MR04
2024-11-11
mortgage-satisfy-charge-full
mortgage · MR04
2024-11-11
mortgage-satisfy-charge-full
mortgage · MR04
2024-11-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-31
change-account-reference-date-company-current-shortened
accounts · AA01
2024-10-31
appoint-person-secretary-company-with-name-date
officers · AP03
2024-10-31
termination-director-company-with-name-termination-date
officers · TM01
2024-10-31
termination-secretary-company-with-name-termination-date
officers · TM02
2024-10-31
termination-director-company-with-name-termination-date
officers · TM01
2024-10-31
appoint-person-director-company-with-name-date
officers · AP01
2024-10-31