ACTIFORM LIMITED
🌳Matureactive
02941208 · ltd · incorporated 1994-06-21
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 Sept 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
ALSO REGISTERED FOR
- 32990Other manufacturing n.e.c.
- 77390Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Investor take
PursueActive trading company with a 73-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (78/100).
🏦
Refinance opportunity
5 live charges · 5 lenders · oldest 28.5y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 28.5 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: medium (72/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
13 officers (5 active, 13 linked, 10 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
95 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
80/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £1,047,821
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-09-30 |
|---|---|
| Profit before tax | £1.05M |
| Average employees | 46 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-fullaccounts · AA
- 2025-10-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-26➕GILLESPIE, Susan Wendy appointeddirector
- 2025-09-26➕HARRISON, Carole appointeddirector
- 2025-07-25➖HARRISON, Carole Elizabeth resigneddirector
- 2025-07-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-04📄accounts-amended-with-accounts-type-smallaccounts · AAMD
- 2024-12-16📄accounts-with-accounts-type-smallaccounts · AA
- 2024-11-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-13🔒Charge registered #5Lender: Nucleus Cash Flow FINANCE2 Limited
- 2024-01-24📄accounts-with-accounts-type-smallaccounts · AA
- 2023-01-25📄accounts-with-accounts-type-smallaccounts · AA
- 2023-01-17✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2022-07-11📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-01-21📄accounts-with-accounts-type-smallaccounts · AA
- 2021-02-22📄accounts-with-accounts-type-smallaccounts · AA
- 2020-06-29📄accounts-with-accounts-type-smallaccounts · AA
- 2019-01-31📄accounts-with-accounts-type-smallaccounts · AA
- 2019-01-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-01-15🔓Charge satisfied #4
- 2019-01-15🔓Charge satisfied #2
- 2017-07-17🔒Charge registered #4Lender: Acasta European Insurance Company Limited
- 2013-06-12🔓Charge satisfied #1
- 2012-12-10🔒Charge registered #3Lender: National Westminster Bank PLC
- 2009-02-01➕DRANSFIELD, Stephan Hugh appointeddirector
- 2006-12-14🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2002-10-30➖CARR, Jayne Alison resigneddirector
- 1999-07-22➖SMITH, Julie Ann resigneddirector
- 1997-11-17🔒Charge registered #1Lender: Yorkshire Bank Public Limited Company
- 1997-09-19➕GILLESPIE, Stephen John appointedsecretary
- 1997-09-19➖SMITH, Julie Ann resignedsecretary
- 1997-02-01➕GILLESPIE, Stephen John appointeddirector
- 1995-12-31➖DRANSFIELD, Stefan resigneddirector
- 1995-12-31➖FEENEY, Brian Patrick resigneddirector
- 1995-07-01➕CARR, Jayne Alison appointeddirector
- 1995-07-01➖FEENEY, Matthew resigneddirector
- 1994-06-21🏢Company incorporatedAs ACTIFORM LIMITED
- 1994-06-21➕SMITH, Julie Ann appointedsecretary
- 1994-06-21➕CHETTLEBURGH INTERNATIONAL LIMITED appointedcorporate-nominee-secretary
- 1994-06-21➖CHETTLEBURGH INTERNATIONAL LIMITED resignedcorporate-nominee-secretary
- 1994-06-21➕DRANSFIELD, Stefan appointeddirector
- 1994-06-21➕FEENEY, Brian Patrick appointeddirector
- 1994-06-21➕FEENEY, Matthew appointeddirector
- 1994-06-21➕HARRISON, Carole Elizabeth appointeddirector
- 1994-06-21➕SMITH, Julie Ann appointeddirector
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stephan Hugh Dransfield Individual · British · DOB 06/1953 · age 73 | 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 · WF postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 15370950 LIMITED→ 15370950 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 3D CUSTOM CREATIONS LTD→ 11818812 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 898EAR LTD→ 16779025 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A & G SIGNS LIMITED→ 05631567 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| A B PRINT GROUP LIMITED→ 00972580 · est 1970 · no financials extracted | — | — | — | — | 56y | — | — |
| A G WELDING LTD→ 09917752 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| A.H BEDS LTD→ 15838783 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A2B PLANT AND RAIL SERVICES LTD→ 16324479 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AB BEDS NORTH LTD→ 16136318 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AB MIX CONCRETE & AGGREGATES (BARNSLEY) LTD→ 16353011 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ACE WORKSURFACES LIMITED→ 16890661 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACTAVIS HOLDINGS UK II LIMITED→ 03557692 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
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
Incorporated1994-06-21
Jurisdictionengland-wales
Primary SIC25110 — Manufacture of metal structures and parts of structures
Registered office
Queens Buildings
Lowlands Road
Mirfield
West Yorkshire
WF14 8LX
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-03-26
Last: 2026-03-12
Officers (5 active · 8 resigned)
GILLESPIE, Stephen John→
Activesecretary · appointed 1997-09-19
View their other companies + combined net worth →
DRANSFIELD, Stephan Hugh→
Activedirector · ~73y · appointed 2009-02-01
View their other companies + combined net worth →
GILLESPIE, Stephen John→
Activedirector · ~67y · appointed 1997-02-01
View their other companies + combined net worth →
GILLESPIE, Susan Wendy→
Activedirector · ~68y · appointed 2025-09-26
View their other companies + combined net worth →
HARRISON, Carole→
Activedirector · ~71y · appointed 2025-09-26
View their other companies + combined net worth →
SMITH, Julie Ann→
Resignedsecretary · appointed 1994-06-21 · resigned 1997-09-19
CHETTLEBURGH INTERNATIONAL LIMITED→
Resignedcorporate-nominee-secretary · appointed 1994-06-21 · resigned 1994-06-21
CARR, Jayne Alison→
Resigneddirector · ~64y · appointed 1995-07-01 · resigned 2002-10-30
DRANSFIELD, Stefan→
Resigneddirector · ~73y · appointed 1994-06-21 · resigned 1995-12-31
FEENEY, Brian Patrick→
Resigneddirector · ~82y · appointed 1994-06-21 · resigned 1995-12-31
FEENEY, Matthew→
Resigneddirector · ~49y · appointed 1994-06-21 · resigned 1995-07-01
HARRISON, Carole Elizabeth→
Resigneddirector · ~71y · appointed 1994-06-21 · resigned 2025-07-25
SMITH, Julie Ann→
Resigneddirector · ~60y · appointed 1994-06-21 · resigned 1999-07-22
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
2
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Nucleus Cash Flow FINANCE2 Nucleus Cash Flow FINANCE2 Limited | A registered charge | — | 13/11/2024 | — | |
| satisfied | Acasta European Insurance Company Acasta European Insurance Company Limited | A registered charge | — | 17/07/2017 | 15/01/2019 | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 10/12/2012 | — | |
| satisfied | Virgin Money Clydesdale Bank PLC | Charge and assignment of sub-agreements | 1 property | 14/12/2006 | 15/01/2019 | |
| satisfied | Virgin Money Yorkshire Bank Public Limited Company | Debenture | 1 property | 17/11/1997 | 12/06/2013 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (95 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-12
accounts-with-accounts-type-full
accounts · AA
2025-12-23
appoint-person-director-company-with-name-date
officers · AP01
2025-10-29
appoint-person-director-company-with-name-date
officers · AP01
2025-10-29
termination-director-company-with-name-termination-date
officers · TM01
2025-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-08
accounts-amended-with-accounts-type-small
accounts · AAMD
2025-01-04
accounts-with-accounts-type-small
accounts · AA
2024-12-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-08
accounts-with-accounts-type-small
accounts · AA
2024-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-14
accounts-with-accounts-type-small
accounts · AA
2023-01-25
certificate-change-of-name-company
change-of-name · CERTNM
2023-01-17
change-person-director-company-with-change-date
officers · CH01
2022-07-11