A.T.B. SYSTEMS LIMITED
🌳Matureactive
02996784 · ltd · incorporated 1994-12-01
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 Apr 2025
Net worth
£2.03M
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 25120
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 72/100 (strong), bankability 67/100. 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: share sale to pe / searcher (50/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 31.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 31.5 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
18 officers (4 active, 18 linked, 12 with DOB)
83
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
122 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £2,032,835
Net assets shrinking
Down £2,246,243 YoY
Cash draining
Cash down 64% YoY
Cash YoY
-64%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1.2m
↓ 64% YoY
Net Worth
£2.0m
↓ 52% YoY
Current Assets
£2.5m
↓ 49% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £2.05M | £4.30M |
| Current assets | £2.52M | £4.93M |
| Cash | £1.19M | £3.32M |
| Debtors | £968.4k | £1.20M |
| Net assets | £2.03M | £4.28M |
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 (60 events)Click to expand
- 2025-10-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-06-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-01-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-12-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-05-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-23➕FREEMAN, Damion Christopher appointeddirector
- 2024-05-23➕HARVEY, Adam James appointeddirector
- 2024-05-23➕SABEY, James Anthony appointeddirector
- 2024-05-23➕TRACEY, David Robert appointeddirector
- 2024-05-23➖FREEMAN, Mark Anthony resigneddirector
- 2024-05-23➖FREEMAN, Sharon Anne resigneddirector
- 2024-05-23🔒Charge registered #5Lender: Mark Anthony Freeman
- 2024-01-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-12-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-11-30➖FREEMAN, Colin resigneddirector
- 2023-11-30➖FREEMAN, Sheila Mary resigneddirector
- 2023-05-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-05-25🔓Charge satisfied #4
- 2022-11-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-02-08📄change-person-director-company-with-change-dateofficers · CH01
- 2021-09-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-12-05➖FREEMAN, Sheila Mary resignedsecretary
- 2016-11-20➕FREEMAN, Sharon Anne appointeddirector
- 2016-10-25🔒Charge registered #4Lender: Sheila Mary Freeman
- 2015-11-25🔓Charge satisfied #3
- 2000-10-16➖FREEMAN, Mark Anthony resignedsecretary
- 2000-10-16➕FREEMAN, Sheila Mary appointedsecretary
- 1997-10-01➕FREEMAN, Sheila Mary appointeddirector
- 1997-06-05🔒Charge registered #3Lender: Lloyds Bank PLC
- 1997-05-30🔓Charge satisfied #2
- 1997-05-19➖CATLEY, Fredric John resignedsecretary
- 1997-05-19➕FREEMAN, Mark Anthony appointedsecretary
- 1997-05-19➖ALBROW, Carl William resigneddirector
- 1997-05-19➖CATLEY, Fredric John resigneddirector
- 1997-05-19➕FREEMAN, Colin appointeddirector
- 1997-05-19➕FREEMAN, Mark Anthony appointeddirector
- 1997-01-31➖MAY, Stephen John resigneddirector
- 1996-01-29🔓Charge satisfied #1
- 1995-10-11🔒Charge registered #2Lender: Lloyds Bank PLC
- 1995-09-27➕CATLEY, Fredric John appointedsecretary
- 1995-09-27➖WATKISS, Gillian Mary resignedsecretary
- 1995-09-27➕ALBROW, Carl William appointeddirector
- 1995-09-27➕CATLEY, Fredric John appointeddirector
Showing most recent 50 of 60 events
Owner dependency
40/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
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.
Group structure
A.T.B. Holdings Limited holds 25-50% — a significant corporate investor but not a controlling parent.
🏛️
A.T.B. Holdings Limited
Corporate parent
⬇
A.T.B. SYSTEMS LIMITED
This company · 02996784
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
A.T.B. Holdings Limited Corporate entity | — | — | sig. influencesignificant influence | 25/10/2016 |
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 · DY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & T ENCLOSURES LIMITED→ 02689804 · est 1992 · no financials extracted | — | — | — | — | 34y | — | — |
| A. T. SHEDS & FENCING LIMITED→ 06945170 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| A&M HERITAGE OUTDOOR RETREATS LTD→ 15997053 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALEX & CLEMENT LIMITED→ 12685526 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ALPHAMATION LIMITED→ 01610382 · est 1982 · no financials extracted | — | — | — | — | 44y | — | — |
| ANDIAN SPECIALIST FABRICATIONS LIMITED→ 05521415 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ANDREW WHITLOCK LIMITED→ 12026105 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ANGLE RING COMPANY LIMITED(THE)→ 00588025 · est 1957 · no financials extracted | — | — | — | — | 68y | — | — |
| ANGRY CAT TOYS LTD→ 13560350 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ANNYSHAIR LIMITED→ 16486365 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| APECS CONSULT LTD→ 05915713 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| APM MARKET LIMITED→ 12484611 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated1994-12-01
Jurisdictionengland-wales
Primary SIC25120 — SIC 25120
Registered office
Charter House
Brook Street Lye
Stourbridge
West Midlands
DY9 8SN
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-12-16
Last: 2025-12-02
Officers (4 active · 14 resigned)
FREEMAN, Damion Christopher→
Activedirector · ~45y · appointed 2024-05-23
View their other companies + combined net worth →
HARVEY, Adam James→
Activedirector · ~39y · appointed 2024-05-23
View their other companies + combined net worth →
SABEY, James Anthony→
Activedirector · ~48y · appointed 2024-05-23
View their other companies + combined net worth →
TRACEY, David Robert→
Activedirector · ~45y · appointed 2024-05-23
View their other companies + combined net worth →
CATLEY, Fredric John→
Resignedsecretary · appointed 1995-09-27 · resigned 1997-05-19
FREEMAN, Mark Anthony→
Resignedsecretary · appointed 1997-05-19 · resigned 2000-10-16
FREEMAN, Sheila Mary→
Resignedsecretary · appointed 2000-10-16 · resigned 2018-12-05
WATKISS, Gillian Mary→
Resignedsecretary · appointed 1994-12-14 · resigned 1995-09-27
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1994-12-01 · resigned 1994-12-14
ALBROW, Carl William→
Resigneddirector · ~66y · appointed 1995-09-27 · resigned 1997-05-19
CATLEY, Fredric John→
Resigneddirector · ~85y · appointed 1995-09-27 · resigned 1997-05-19
FREEMAN, Colin→
Resigneddirector · ~77y · appointed 1997-05-19 · resigned 2023-11-30
FREEMAN, Mark Anthony→
Resigneddirector · ~64y · appointed 1997-05-19 · resigned 2024-05-23
FREEMAN, Sharon Anne→
Resigneddirector · ~62y · appointed 2016-11-20 · resigned 2024-05-23
FREEMAN, Sheila Mary→
Resigneddirector · ~78y · appointed 1997-10-01 · resigned 2023-11-30
MAY, Stephen John→
Resigneddirector · ~76y · appointed 1995-09-27 · resigned 1997-01-31
WATKISS, Brian→
Resigneddirector · ~85y · appointed 1994-12-14 · resigned 1995-09-27
INSTANT COMPANIES LIMITED→
Resignedcorporate-nominee-director · appointed 1994-12-01 · resigned 1994-12-14
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Mark Anthony Freeman | A registered charge | 1 property | 23/05/2024 | — | |
| satisfied | Sheila Mary Freeman / Colin Freeman | A registered charge | — | 25/10/2016 | 25/05/2023 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Debenture | 1 property | 05/06/1997 | 25/11/2015 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Single debenture | 1 property | 11/10/1995 | 30/05/1997 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 24/01/1995 | 29/01/1996 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (122 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-10-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-06-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-01-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-12-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-30
appoint-person-director-company-with-name-date
officers · AP01
2024-05-24
appoint-person-director-company-with-name-date
officers · AP01
2024-05-24
appoint-person-director-company-with-name-date
officers · AP01
2024-05-24
appoint-person-director-company-with-name-date
officers · AP01
2024-05-24
termination-director-company-with-name-termination-date
officers · TM01
2024-05-24
termination-director-company-with-name-termination-date
officers · TM01
2024-05-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-24