AUTOCAR ELECTRICAL EQUIPMENT CO LIMITED

🌳Matureactive
02990627 · ltd · incorporated 1994-11-15
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 31.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 26400
Sector: Manufacturing
ALSO REGISTERED FOR
  • 46520SIC 46520
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 74). 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

2 live charges · 2 lenders · oldest 31.5y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 31.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · 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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 5 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
108 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees6600

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
5
filings
  • • 4 officers
  • • 1 confirmation-statement
Last 180 days
5
filings
  • • 4 officers
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-06-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-06-18
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  3. 2026-06-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2026-06-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-01-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-11-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-11-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-07-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-06-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-03-16
    ➖
    FORD, Margaret Winifred, Mrs. resigned
    director
  17. 2013-01-01
    ➕
    FORD, James Anthony Georges appointed
    director
  18. 2006-04-06
    ➕
    FORD, Michael Anthony John appointed
    secretary
  19. 2006-03-31
    ➖
    REED SMITH CORPORATE SERVICES LIMITED resigned
    corporate-secretary
  20. 1998-08-03
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  21. 1995-02-02
    🔒
    Charge registered #1
    Lender: Mrs Margaret Ford
  22. 1994-12-02
    ➕
    FORD, Antony David appointed
    director
  23. 1994-12-02
    ➕
    FORD, Michael Anthony John appointed
    director
  24. 1994-12-02
    ➕
    REED SMITH CORPORATE SERVICES LIMITED appointed
    corporate-secretary
  25. 1994-12-02
    ➖
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  26. 1994-12-02
    ➕
    FORD, Margaret Winifred, Mrs. appointed
    director
  27. 1994-12-02
    ➕
    HEARD, David James Stuart appointed
    director
  28. 1994-12-02
    ➖
    HEARD, David James Stuart resigned
    director
  29. 1994-12-02
    ➖
    INSTANT COMPANIES LIMITED resigned
    corporate-nominee-director
  30. 1994-11-15
    🏢
    Company incorporated
    As AUTOCAR ELECTRICAL EQUIPMENT CO LIMITED
  31. 1994-11-15
    ➕
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  32. 1994-11-15
    ➕
    INSTANT COMPANIES LIMITED appointed
    corporate-nominee-director

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Lumenition Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Lumenition Ltd
Corporate parent · holds 75-100% shares
ultimate parent
⬇
AUTOCAR ELECTRICAL EQUIPMENT CO LIMITED
This company · 02990627

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
Lumenition Ltd
Corporate entity
75–100%
—75-100% shares06/04/2016

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 →

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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
Incorporated1994-11-15
Jurisdictionengland-wales
Primary SIC26400 — SIC 26400

Registered office

49-51 Tiverton Street
London
SE1 6NZ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-06-15
Last: 2026-06-01

Officers (4 active · 5 resigned)

FORD, Michael Anthony John→
secretary · appointed 2006-04-06
View their other companies + combined net worth →
Active
FORD, Antony David→
director · ~65y · appointed 1994-12-02
View their other companies + combined net worth →
Active
FORD, James Anthony Georges→
director · ~42y · appointed 2013-01-01
View their other companies + combined net worth →
Active
FORD, Michael Anthony John→
director · ~74y · appointed 1994-12-02
View their other companies + combined net worth →
Active
REED SMITH CORPORATE SERVICES LIMITED→
corporate-secretary · appointed 1994-12-02 · resigned 2006-03-31
Resigned
SWIFT INCORPORATIONS LIMITED→
corporate-nominee-secretary · appointed 1994-11-15 · resigned 1994-12-02
Resigned
FORD, Margaret Winifred, Mrs.→
director · ~104y · appointed 1994-12-02 · resigned 2015-03-16
Resigned
HEARD, David James Stuart→
director · ~68y · appointed 1994-12-02 · resigned 1994-12-02
Resigned
INSTANT COMPANIES LIMITED→
corporate-nominee-director · appointed 1994-11-15 · resigned 1994-12-02
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Deed of charge1 property03/08/1998—
outstanding
Mrs Margaret Ford / Mr Anthony Ford / Mr Michael Ford
Legal charge1 property02/02/1995—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (108 total)

change-person-director-company-with-change-date
officers · CH01
2026-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-19
change-person-secretary-company-with-change-date
officers · CH03
2026-06-18
change-person-director-company-with-change-date
officers · CH01
2026-06-18
change-person-director-company-with-change-date
officers · CH01
2026-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-13