A1 EQUIPMENT LIMITED
🌳Matureactive
02689262 · ltd · incorporated 1992-02-19
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 20.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£363.3k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Wholesale of other food, including fish, crustaceans and molluscs
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 46900Non-specialised wholesale trade
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 82/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: 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
3 live charges · 2 lenders · oldest 20.7y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 20.7 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: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
111 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £363,340
Cash YoY
+124%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£3k
↑ 124% YoY
Net Worth
£363k
↑ 3.1% YoY
Current Assets
£1.3m
↑ 20% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £374.3k | £376.6k |
| Current assets | £1.29M | £1.07M |
| Cash | £2.7k | £1.2k |
| Debtors | £754.1k | £559.7k |
| Net assets | £363.3k | £352.3k |
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
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2025-11-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-10🔒Charge registered #3Lender: Hsbc UK Bank PLC
- 2024-05-10🔒Charge registered #2Lender: Hsbc UK Bank PLC
- 2023-12-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-06📄change-person-director-company-with-change-dateofficers · CH01
- 2023-07-06📄change-person-director-company-with-change-dateofficers · CH01
- 2023-07-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-06-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-04-08📄capital-allotment-sharescapital · SH01
- 2023-03-23📄memorandum-articlesincorporation · MA
- 2023-03-22📄resolutionresolution · RESOLUTIONS
- 2023-02-08➕BREINDEL, Yehuda appointeddirector
- 2022-12-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-11-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-01-24📄change-person-director-company-with-change-dateofficers · CH01
- 2005-09-12🔒Charge registered #1Lender: National Westminster Bank PLC
- 1992-02-28➕BRIENDEL, Janne Louise appointedsecretary
- 1992-02-28➕BREINDEL, Lawrence Wolf appointeddirector
- 1992-02-28➖ELK COMPANY SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1992-02-28➖ELK (NOMINEES) LIMITED resignedcorporate-nominee-director
- 1992-02-19🏢Company incorporatedAs A1 EQUIPMENT LIMITED
- 1992-02-19➕ELK COMPANY SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1992-02-19➕ELK (NOMINEES) LIMITED appointedcorporate-nominee-director
Owner dependency
91/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFamily succession underway: Not a takeover target — BREINDEL, Yehuda (same surname) appointed 2023-02-08. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 34 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
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 Lawrence Wolf Breindel Individual · British · DOB 07/1957 · age 69 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
Mr Yehuda Breindel Individual · British · DOB 09/1992 · age 34 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 08/02/2023 |
1 historic (ceased) PSC
- Mrs Janne Louise Breindelceased 08/02/2023· 25-50% shares · 25-50% voting
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 · Wholesale & distribution · HP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 2A&M LIMITED→ 13334244 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 365 SERVICEZ LTD→ 16812145 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3D SYSTEMS EUROPE LIMITED→ 04192467 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| 4ETERNITY CLOTHING LTD→ 15913296 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 784 SUPPLIES LTD→ 12054713 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| A B HOMES (SW) LTD→ 13497529 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A.C. ENTERTAINMENT TECHNOLOGIES LIMITED→ 01626564 · est 1982 · no financials extracted | — | — | — | — | 44y | — | — |
| A.C. SPECIAL PROJECTS LIMITED→ 01935714 · est 1985 · no financials extracted | — | — | — | — | 40y | — | — |
| A1 HEALTH SUPPLIES LTD→ 12776096 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AADHIYA IMPORTS AND EXPORTS LTD→ 15941259 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AAR STORES LTD→ 16252551 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AARDVARK PROPERTY SERVICES LIMITED→ 11272062 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1992-02-19
Jurisdictionengland-wales
Primary SIC46380 — Wholesale of other food, including fish, crustaceans and molluscs
Registered office
Unit 6 Prologis Park Eastman Way
Hemel Hempstead Industrial Estate
Hemel Hempstead
HP2 7DU
England
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-12-11
Last: 2025-11-27
Officers (3 active · 2 resigned)
BRIENDEL, Janne Louise→
Activesecretary · appointed 1992-02-28
View their other companies + combined net worth →
BREINDEL, Lawrence Wolf→
Activedirector · ~69y · appointed 1992-02-28
View their other companies + combined net worth →
BREINDEL, Yehuda→
Activedirector · ~34y · appointed 2023-02-08
View their other companies + combined net worth →
ELK COMPANY SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1992-02-19 · resigned 1992-02-28
ELK (NOMINEES) LIMITED→
Resignedcorporate-nominee-director · appointed 1992-02-19 · resigned 1992-02-28
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 10/05/2024 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 10/05/2024 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 12/09/2005 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (111 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-16
change-person-director-company-with-change-date
officers · CH01
2023-07-06
change-person-director-company-with-change-date
officers · CH01
2023-07-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-06
appoint-person-director-company-with-name-date
officers · AP01
2023-06-30