ABRASIVE TECHNOLOGY LIMITED

🌳Matureactive

02874855 · ltd · incorporated 1993-11-24

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

—

year to Dec 2025

Net worth

—

book net assets

Opportunity

72/100

Strong

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What this business does

Primary activity: Other manufacturing n.e.c.

Sector: Manufacturing

Investor take

Pursue

Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 72/100 (strong), bankability 57/100. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (38/100).

🏦

Refinance opportunity

12 live charges · 6 lenders · oldest 32.4y

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 32.4 years old — likely at or near maturity.
· 6 lenders named — inter-creditor friction likely.
· Legal-friction score 63/100 (high).

Data confidence

Overall: medium (77/100)

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

Lenders & charges

12 charges (12/12 with lender, 12/12 with type)

Directors & officers

27 officers (2 active, 27 linked, 15 with DOB)

Ownership & PSC

0 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

211 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-12-31	2024-12-31
Average employees	4600	4800

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

filings

• 1 officers
• 1 accounts

Last 90 days

filings

• 1 officers
• 1 accounts

Last 180 days

filings

• 1 officers
• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (94 events)Click to expand

2026-05-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-05-11
➖
WIEKRYKAS, Clement David resigned
director
2026-04-28
📄
accounts-with-accounts-type-small
accounts · AA
2025-09-29
📄
accounts-with-accounts-type-small
accounts · AA
2025-09-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-09-25
➕
LUTZ, Chris appointed
director
2025-04-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-04-01
➖
TANNER, Ian resigned
director
2025-03-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-02-28
➖
NARROL, Scott Allan resigned
director
2024-07-25
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-25
🔓
Charge satisfied #9
2024-05-07
📄
accounts-with-accounts-type-small
accounts · AA
2024-02-23
📄
change-person-director-company-with-change-date
officers · CH01
2024-01-29
📄
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2024-01-18
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-12-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-12-10
➕
TANNER, Ian appointed
director
2023-09-29
📄
accounts-with-accounts-type-small
accounts · AA
2023-05-21
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2023-05-19
➖
GYAMERA, Kojo Oduro resigned
secretary
2023-04-28
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-01-30
➕
BARNHART, James Allen appointed
director
2023-01-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-01-20
➖
TOPPING, Guy Thomas resigned
director
2022-12-23
📄
accounts-with-accounts-type-small
accounts · AA
2022-12-22
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-12-22
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-12-22
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-12-13
➕
NARROL, Scott Allan appointed
director
2022-12-13
➕
WIEKRYKAS, Clement David appointed
director
2022-09-14
➖
PETERMAN, Loyal M resigned
director
2022-09-13
➕
GYAMERA, Kojo Oduro appointed
secretary
2022-09-12
➕
TOPPING, Guy Thomas appointed
director
2022-03-24
➖
ROBERTS, Katherine Margaret resigned
secretary
2021-12-07
➖
GURNEY, Philip Edward resigned
secretary
2021-12-07
➕
ROBERTS, Katherine Margaret appointed
secretary
2021-11-26
➖
GURDIN, Paul David resigned
secretary
2021-06-16
➕
GURDIN, Paul David appointed
secretary
2020-03-23
➕
GURNEY, Philip Edward appointed
secretary
2020-03-23
➖
SEYMOUR, Ann resigned
secretary
2013-02-06
🔒
Charge registered #12
Lender: Legal & General Property Partners (Industrial Fund) Limited and Legal and General Property Partners (Industrial) Nominees Limited
2010-10-13
🔓
Charge satisfied #6
2010-10-13
🔓
Charge satisfied #5
2010-10-13
🔓
Charge satisfied #3
2010-10-13
🔓
Charge satisfied #2
2010-06-18
🔓
Charge satisfied #11
2004-05-24
➕
SEYMOUR, Ann appointed
secretary
2004-05-24
➖
THOMPSON, Alan Christopher resigned
secretary

Showing most recent 50 of 94 events

Owner dependency

58/100

Moderate — manageable with handover

Some 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 signal

Limited 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

1 med ·

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.

Similar companies

Active · Manufacturing · LL postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
1CARBON LTD→ 17014721 · est 2026 · no financials extracted	—	—	—	—	—	—	—
3 D MOTORSPORT LIMITED→ 05557360 · est 2005 · no financials extracted	—	—	—	—	20y	—	—
316 MARINE FABRICATION LIMITED→ 14739112 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
3R DESIGN LTD→ 09476630 · est 2015 · no financials extracted	—	—	—	—	11y	—	—
ABARTECH LIMITED→ 07988946 · est 2012 · no financials extracted	—	—	—	—	14y	—	—
ABERSOCH BOAT WORKS LIMITED→ 15113721 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ABERSOCH MARINE AND CHARTER LIMITED→ 11697832 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
ABOVE THE BRINE LTD→ 12699436 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
ACCESS CONTROL SOLUTIONS NW LTD→ 16366512 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ACOIA CYF→ 13123333 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
ACTIROAM LTD→ 16438175 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ACTIVIZ LTD→ 12920362 · est 2020 · no financials extracted	—	—	—	—	5y	—	—

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

Incorporated1993-11-24

Jurisdictionengland-wales

Primary SIC32990 — Other manufacturing n.e.c.

Registered office

Blackmarsh Road Mochdre Business Park

Mochdre

Colwyn Bay

LL28 5HA

Wales

Filing status

Accounts

Next due: 2027-09-30

Last made up to: 2025-12-31

Confirmation statement

Next due: 2026-12-23

Last: 2025-12-09

Officers (2 active · 25 resigned)

BARNHART, James Allen→

director · ~57y · appointed 2023-01-30

View their other companies + combined net worth →

Active

LUTZ, Chris→

director · ~50y · appointed 2025-09-25

View their other companies + combined net worth →

Active

GORDON, Amanda Helen→

secretary · appointed 1993-12-07 · resigned 1993-12-30

Resigned

GURDIN, Paul David→

secretary · appointed 2021-06-16 · resigned 2021-11-26

Resigned

GURNEY, Philip Edward→

secretary · appointed 2020-03-23 · resigned 2021-12-07

Resigned

GYAMERA, Kojo Oduro→

secretary · appointed 2022-09-13 · resigned 2023-05-19

Resigned

PATRELLA, Tanya→

secretary · appointed 1998-07-07 · resigned 2001-12-06

Resigned

ROBERTS, Katherine Margaret→

secretary · appointed 2021-12-07 · resigned 2022-03-24

Resigned

SEYMOUR, Ann→

secretary · appointed 2004-05-24 · resigned 2020-03-23

Resigned

SEYMOUR, Ann→

secretary · appointed 1993-12-30 · resigned 1998-07-07

Resigned

THOMPSON, Alan Christopher→

secretary · appointed 2001-12-06 · resigned 2004-05-24

Resigned

THOMPSON, Alan Christopher→

secretary · appointed 1999-12-21 · resigned 2000-01-10

Resigned

SWIFT INCORPORATIONS LIMITED→

corporate-nominee-secretary · appointed 1993-11-24 · resigned 1993-12-07

Resigned

COLLYER, Brian Howard→

director · ~88y · appointed 1993-12-09 · resigned 1998-07-07

Resigned

COX, Joseph Vincent→

director · ~65y · appointed 1998-05-20 · resigned 1998-07-07

Resigned

GURNEY, Philip Edward→

director · ~72y · appointed 1996-08-20 · resigned 1998-07-07

Resigned

NARROL, Scott Allan→

director · ~55y · appointed 2022-12-13 · resigned 2025-02-28

Resigned

PAXMAN, Robert Douglas→

director · ~74y · appointed 1993-12-09 · resigned 1996-03-08

Resigned

PETERMAN, Loyal M→

director · ~83y · appointed 1998-07-07 · resigned 2022-09-14

Resigned

SWORDS, Stephen Martin→

director · ~79y · appointed 1993-12-09 · resigned 1998-07-07

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:12 of 12 shown

		Type	Properties
outstanding	Legal & General Property Partners (Industrial Fund) and Legal and General Property Partners (Industrial) Nominees Legal & General Property Partners (Industrial Fund) Limited and Legal and General Property Partners (Industrial) Nominees Limited	Rent deposit within lease	1 property	06/02/2013	—
satisfied	Lloyds Banking Group Bank of Wales and the Governor and Company of the Bank of Scotland	Legal mortgage	2 properties	25/01/2002	18/06/2010
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Legal charge	1 property	19/03/2001	—
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Legal charge	1 property	19/03/2001	25/07/2024
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Debenture	1 property	19/03/2001	—
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Mortgage	1 property	19/03/2001	—
satisfied	Bank of Wales Bank of Wales PLC	Legal mortgage	1 property	18/08/1994	13/10/2010
satisfied	Bank of Wales Bank of Wales PLC	Chattel mortgage	1 property	17/03/1994	13/10/2010
satisfied	Habit Diamond (The "Agent") and Malcolm Brian Sheirson as Agent and Trustee for the Sellers (as Defined in the Sale of Assets Agreement) Habit Diamond Limited (The "Agent") and Malcolm Brian Sheirson as Agent and Trustee for the Sellers (as Defined in the Sale of Assets Agreement)	Security document	1 property	23/12/1993	04/07/1998
satisfied	Bank of Wales Bank of Wales PLC	Mortgage debenture	1 property	23/12/1993	13/10/2010
satisfied	Bank of Wales Bank of Wales PLC	Legal mortgage	1 property	23/12/1993	13/10/2010
satisfied	Kellock Kellock Limited	Fixed and floating charge	1 property	15/12/1993	23/06/1998

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (211 total)

termination-director-company-with-name-termination-date

officers · TM01

2026-05-12

accounts-with-accounts-type-small

accounts · AA

2026-04-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-12-18

accounts-with-accounts-type-small

accounts · AA

2025-09-29

appoint-person-director-company-with-name-date

officers · AP01

2025-09-26

termination-director-company-with-name-termination-date

officers · TM01

2025-04-02

termination-director-company-with-name-termination-date

officers · TM01

2025-03-06

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-01-10

mortgage-satisfy-charge-full

mortgage · MR04

2024-07-25

accounts-with-accounts-type-small

accounts · AA

2024-05-07

change-person-director-company-with-change-date

officers · CH01

2024-02-23

notification-of-a-person-with-significant-control-statement

persons-with-significant-control · PSC08

2024-01-29

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2024-01-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-01-02

appoint-person-director-company-with-name-date

officers · AP01

2023-12-18