FLEXICON INDUSTRIAL SUPPLIES LIMITED
🌳Matureactive
02836153 · ltd · incorporated 1993-07-14
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
67/100
Strong
What this business does
Primary activity: SIC 22190
Sector: Manufacturing
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 67/100 (strong), bankability 77/100. 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 (58/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 21.6y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 21.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 38/100 — 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
16 officers (2 active, 16 linked, 9 with DOB)
81
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
120 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
61
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
3
filings
- • 3 officers
Last 180 days
3
filings
- • 3 officers
Counts from Companies House filing history.
Corporate timeline (58 events)Click to expand
- 2026-04-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-04-01➖DAVIES, Richard James resigneddirector
- 2026-03-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-03-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-03➕PAPE, Malcolm John appointeddirector
- 2026-03-03➖LALA, Alessandro resigneddirector
- 2025-10-30✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2025-07-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-07-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-07-15➕WILLIAMS, Mark appointeddirector
- 2025-06-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-06-20📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-05-30➖MORRISON, John resignedsecretary
- 2024-07-24📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-06-30📄legacyaccounts · PARENT_ACC
- 2024-06-30📄legacyother · AGREEMENT2
- 2024-06-30📄legacyother · GUARANTEE2
- 2023-08-09📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-07-10📄legacyaccounts · PARENT_ACC
- 2023-07-10📄legacyother · AGREEMENT2
- 2023-07-10📄legacyother · GUARANTEE2
- 2022-10-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-10-31🔓Charge satisfied #3
- 2022-10-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-10-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-10-01➕LALA, Alessandro appointeddirector
- 2022-09-30➖GIBBES, Barbara resigneddirector
- 2022-09-30📄accounts-with-accounts-type-smallaccounts · AA
- 2022-09-08📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2022-04-12🔓Charge satisfied #2
- 2022-04-06➕MORRISON, John appointedsecretary
- 2022-04-06➖FORD, Christopher Frank resigneddirector
- 2022-04-06➕GIBBES, Barbara appointeddirector
- 2019-02-13🔒Charge registered #3Lender: Rbs Invoice Finance LTD
- 2019-02-13🔓Charge satisfied #1
- 2018-04-26🔒Charge registered #2Lender: National Westminster Bank PLC
- 2018-02-19➖YORATH, Michael Robert resignedsecretary
- 2018-02-19➕DAVIES, Richard James appointeddirector
- 2018-02-19➕FORD, Christopher Frank appointeddirector
- 2018-02-19➖YORATH, David Michael resigneddirector
- 2018-02-19➖YORATH, Michael Robert resigneddirector
- 2015-01-28➖COWL, John Kevin resignedsecretary
- 2015-01-28➕YORATH, Michael Robert appointedsecretary
- 2015-01-28➖COWL, John Kevin resigneddirector
- 2014-10-26➕YORATH, David Michael appointeddirector
- 2004-11-01🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2000-04-28➕COWL, John Kevin appointedsecretary
- 2000-04-28➖DENNING, Edmund Guy resignedsecretary
- 2000-04-28➕COWL, John Kevin appointeddirector
- 1995-04-01➕DENNING, Edmund Guy appointedsecretary
Showing most recent 50 of 58 events
Owner dependency
58/100
Moderate — manageable with handoverSome 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
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
3 med ·3 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: MORRISON, John resigned 2025-05-30; DAVIES, Richard James resigned 2026-04-01; LALA, Alessandro resigned 2026-03-03
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Name changed recently
mediumName changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2025-10-30: certificate-change-of-name-company
Group structure
Pearson Hydraulics Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Pearson Hydraulics Limited
Corporate parent · holds 75-100% shares · board control
⬇
FLEXICON INDUSTRIAL SUPPLIES LIMITED
This company · 02836153
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Pearson Hydraulics Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 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 · EC postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1979 LONDON LTD→ 16964268 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 4 PRECISION LTD→ 13382839 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AARIKA LIMITED→ 16440494 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABSOLUTE PLANT SERVICES LTD→ 12009200 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ABU ALRUB LTD→ 16287039 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ACCUE LTD→ 15006834 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACE JEWELLERS GROUP LIMITED→ 16940076 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ACT-VST LIMITED→ 11752986 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ACTIVE MINERALS INTERNATIONAL LTD.→ 16495573 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACTIVE SURFACES INC UK LTD→ 17105746 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ACUITY INTELLIGENT SPACES UK LIMITED→ 15655507 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AD BROTHERS LTD→ 14928048 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated1993-07-14
Jurisdictionengland-wales
Primary SIC22190 — SIC 22190
Registered office
10 - 11 Charterhouse Square
London
EC1M 6EE
England
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-07-26
Last: 2025-07-12
Officers (2 active · 14 resigned)
PAPE, Malcolm John→
Activedirector · ~47y · appointed 2026-03-03
View their other companies + combined net worth →
WILLIAMS, Mark→
Activedirector · ~53y · appointed 2025-07-15
View their other companies + combined net worth →
COWL, John Kevin→
Resignedsecretary · appointed 2000-04-28 · resigned 2015-01-28
DENNING, Edmund Guy→
Resignedsecretary · appointed 1995-04-01 · resigned 2000-04-28
MORRISON, John→
Resignedsecretary · appointed 2022-04-06 · resigned 2025-05-30
YORATH, Josephine Carol→
Resignedsecretary · appointed 1993-07-14 · resigned 1995-04-01
YORATH, Michael Robert→
Resignedsecretary · appointed 2015-01-28 · resigned 2018-02-19
PARAMOUNT COMPANY SEARCHES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1993-07-14 · resigned 1993-07-14
COWL, John Kevin→
Resigneddirector · ~67y · appointed 2000-04-28 · resigned 2015-01-28
DAVIES, Richard James→
Resigneddirector · ~58y · appointed 2018-02-19 · resigned 2026-04-01
FORD, Christopher Frank→
Resigneddirector · ~65y · appointed 2018-02-19 · resigned 2022-04-06
GIBBES, Barbara→
Resigneddirector · ~51y · appointed 2022-04-06 · resigned 2022-09-30
LALA, Alessandro→
Resigneddirector · ~57y · appointed 2022-10-01 · resigned 2026-03-03
YORATH, David Michael→
Resigneddirector · ~39y · appointed 2014-10-26 · resigned 2018-02-19
YORATH, Michael Robert→
Resigneddirector · ~80y · appointed 1993-07-14 · resigned 2018-02-19
PARAMOUNT PROPERTIES (UK) LIMITED→
Resignedcorporate-nominee-director · appointed 1993-07-14 · resigned 1993-07-14
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | NatWest Group Rbs Invoice Finance LTD | A registered charge | — | 13/02/2019 | 31/10/2022 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 26/04/2018 | 12/04/2022 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | An omnibus letter of set-off | 1 property | 01/11/2004 | 13/02/2019 |
Recent filings (120 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-04-08
appoint-person-director-company-with-name-date
officers · AP01
2026-03-16
termination-director-company-with-name-termination-date
officers · TM01
2026-03-16
certificate-change-of-name-company
change-of-name · CERTNM
2025-10-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-07-21
appoint-person-director-company-with-name-date
officers · AP01
2025-07-17
accounts-with-accounts-type-dormant
accounts · AA
2025-06-30
termination-secretary-company-with-name-termination-date
officers · TM02
2025-06-20
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-12
legacy
accounts · PARENT_ACC
2024-06-30
legacy
other · AGREEMENT2
2024-06-30
legacy
other · GUARANTEE2
2024-06-30
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2023-08-09