AMP ELECTRICAL SUPPLIES LIMITED

🌳Matureactive
02971005 · ltd · incorporated 1994-09-23
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£197.3k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (93/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 31.5y

35/100
too messy

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

  • · Oldest live charge is 31.5 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
111 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 102
Positive net assets
Net assets £197,258
Net assets shrinking
Down £66,932 YoY
Cash YoY
+5%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£374k
↑ 5.2% YoY
Net Worth
£197k
↓ 25% YoY
Current Assets
£911k
↑ 1.7% YoY
Current Liabilities
—
£0£182k£364k£546k£729k£911kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30
Total assets£250.6k£311.5k
Current assets£910.6k£895.3k
Cash£374.4k£355.9k
Debtors£388.7k£410.7k
Net assets£197.3k£264.2k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2025-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2022-08-31
    ➖
    METHERELL, David Henry Robert resigned
    director
  6. 2022-08-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-08-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2020-08-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2020-08-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2020-08-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  12. 2020-05-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-05-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-03-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2019-03-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2018-07-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-06-25
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2018-06-25
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  19. 2018-06-25
    🔓
    Charge satisfied #3
  20. 2018-06-25
    🔓
    Charge satisfied #2
  21. 2018-06-25
    🔓
    Charge satisfied #1
  22. 2017-12-01
    ➖
    WEBB, Richard Louis resigned
    director
  23. 2008-06-12
    🔒
    Charge registered #4
    Lender: National Westminster Bank PLC
  24. 2000-11-06
    ➕
    METHERELL, David Henry Robert appointed
    director
  25. 1999-09-29
    🔒
    Charge registered #3
    Lender: Adrian Christopher English and Linda Christine English and David James Hastings
  26. 1995-05-02
    🔒
    Charge registered #2
    Lender: Venture Factors PLC
  27. 1994-12-16
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  28. 1994-10-10
    ➕
    METHERELL, Garry appointed
    secretary
  29. 1994-10-10
    ➕
    METHERELL, Garry appointed
    director
  30. 1994-10-10
    ➕
    METHERELL, Stephen appointed
    director
  31. 1994-10-10
    ➖
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  32. 1994-10-10
    ➕
    WEBB, Richard Louis appointed
    director
  33. 1994-10-10
    ➖
    INSTANT COMPANIES LIMITED resigned
    corporate-nominee-director
  34. 1994-09-23
    🏢
    Company incorporated
    As AMP ELECTRICAL SUPPLIES LIMITED
  35. 1994-09-23
    ➕
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  36. 1994-09-23
    ➕
    INSTANT COMPANIES LIMITED appointed
    corporate-nominee-director

Owner dependency

91/100
Critical — business is the founder

The 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 32 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. 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 32 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 32 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

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.

Group structure

Amp Electrical (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Amp Electrical (Holdings) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
AMP ELECTRICAL SUPPLIES LIMITED
This company · 02971005

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
Amp Electrical (Holdings) Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
4 historic (ceased) PSCs
  • Mr David Henry Robert Metherellceased 11/08/2020· board control
  • Mr Garry Metherellceased 11/08/2020· board control
  • Mr Stephen Metherellceased 11/08/2020· board control
  • Mr Richard Louis Webbceased 01/12/2017· board control

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

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
Incorporated1994-09-23
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade

Registered office

157-161 Kingston Road
North End
Portsmouth
Hampshire
PO2 7EF

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-10-07
Last: 2025-09-23

Officers (3 active · 4 resigned)

METHERELL, Garry→
secretary · appointed 1994-10-10
View their other companies + combined net worth →
Active
METHERELL, Garry→
director · ~66y · appointed 1994-10-10
View their other companies + combined net worth →
Active
METHERELL, Stephen→
director · ~56y · appointed 1994-10-10
View their other companies + combined net worth →
Active
SWIFT INCORPORATIONS LIMITED→
corporate-nominee-secretary · appointed 1994-09-23 · resigned 1994-10-10
Resigned
METHERELL, David Henry Robert→
director · ~90y · appointed 2000-11-06 · resigned 2022-08-31
Resigned
WEBB, Richard Louis→
director · ~69y · appointed 1994-10-10 · resigned 2017-12-01
Resigned
INSTANT COMPANIES LIMITED→
corporate-nominee-director · appointed 1994-09-23 · resigned 1994-10-10
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property12/06/2008—
satisfied
Adrian Christopher English and Linda Christine English and David James Hastings
Rent deposit deed1 property29/09/199925/06/2018
satisfied
Venture Factors
Venture Factors PLC
Fixed charge1 property02/05/199525/06/2018
satisfied
Barclays
Barclays Bank PLC
Debenture1 property16/12/199425/06/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (111 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-19
termination-director-company-with-name-termination-date
officers · TM01
2023-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-08-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-08-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-08-11