EXOL PETROLEUM LIMITED
🌳Matureactive
03127653 · ltd · incorporated 1995-11-17
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
—
not disclosed
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 19209
Sector: Manufacturing
Investor take
PursueActive trading company with a 60-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 57/100. Strong seller-intent signal (70/100, director aged 60). 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
6 live charges · 4 lenders · oldest 29.3y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 29.3 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 (60/100)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
No iXBRL financials extracted
0
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 3 with DOB)
77
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
109 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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.
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 (41 events)Click to expand
- 2025-09-05📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-05-01📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-06📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-11-29✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-11-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-11-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-22📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2021-11-26📄legacyaccounts · PARENT_ACC
- 2021-11-16📄legacyother · GUARANTEE2
- 2021-11-16📄legacyother · AGREEMENT2
- 2020-11-23📄accounts-with-accounts-type-groupaccounts · AA
- 2020-07-22📄change-person-director-company-with-change-dateofficers · CH01
- 2020-07-21📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-10-07📄accounts-with-accounts-type-groupaccounts · AA
- 2018-07-20📄change-person-director-company-with-change-dateofficers · CH01
- 2018-07-20📄change-person-secretary-company-with-change-dateofficers · CH03
- 2018-07-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2017-11-29🔓Charge satisfied #6
- 2010-03-10➕EVERITT, Steven David appointeddirector
- 2010-03-10➖MARTIN, Philip James resigneddirector
- 2010-03-10🔒Charge registered #6Lender: Philip James Martin
- 2010-03-10🔒Charge registered #5Lender: Lloyds Tsb Bank PLC
- 2002-06-06🔒Charge registered #4Lender: Lloyds Tsb Commercial Finance Limited
- 2000-12-14🔒Charge registered #3Lender: Lloyds Tsb Bank PLC
- 2000-11-30➕FROGSON, Darren Barber appointedsecretary
- 2000-11-30➖UNSWORTH, Anthony Richard resignedsecretary
- 2000-07-20➖MCCOY, Adrian Patrick resignedsecretary
- 2000-07-20➕UNSWORTH, Anthony Richard appointedsecretary
- 1999-07-26🔒Charge registered #2Lender: Lloyds Tsb Commercial Finance Limited
- 1999-06-29🔓Charge satisfied #1
- 1997-07-10➖MARTIN, Philip James resignedsecretary
- 1997-07-10➕MCCOY, Adrian Patrick appointedsecretary
- 1997-02-27🔒Charge registered #1Lender: Lloyds Bank PLC
- 1995-12-01➕FROGSON, Darren Barber appointeddirector
- 1995-12-01➕MARTIN, Philip James appointedsecretary
- 1995-12-01➖WATERLOW SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1995-12-01➕MARTIN, Philip James appointeddirector
- 1995-12-01➖WATERLOW NOMINEES LIMITED resignedcorporate-nominee-director
- 1995-11-17🏢Company incorporatedAs EXOL PETROLEUM LIMITED
- 1995-11-17➕WATERLOW SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1995-11-17➕WATERLOW NOMINEES LIMITED appointedcorporate-nominee-director
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
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 31 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 31 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Philmar (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Philmar (Holdings) Limited
Corporate parent · holds 75-100% shares · board control
⬇
EXOL PETROLEUM LIMITED
This company · 03127653
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Darren Barber Frogson Individual · British · DOB 10/1966 · age 60 | 75–100% | — | 75-100% shares | 06/04/2016 |
Philmar (Holdings) Limited Corporate entity | 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
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|---|---|---|---|---|---|---|---|
| A & P HOME MAINTENANCE LIMITED→ 04635586 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| A.P.D. FABRICATIONS LTD→ 12644277 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ALL STEEL FENCING NATIONWIDE LTD→ 13501702 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ALL STEEL FENCING SUPPLIES LTD→ 15996441 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALRIGHT ENGINEERING LIMITED→ 12460400 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ALSON ENGINEERING LIMITED→ 04864509 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ALT CNC MACHINE TOOL SERVICES LTD.→ 08383619 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ALTOR CONSULTING LIMITED→ 12389434 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ALUCAST GROUP LIMITED→ 02902292 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
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| ALUMACRAFT MOTORSPORTS LTD→ 07177567 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
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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
Incorporated1995-11-17
Jurisdictionengland-wales
Primary SIC19209 — SIC 19209
Registered office
Exol Lubricants Limited All Saints Road
Darlaston
Wednesbury
West Midlands
WS10 9LL
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-26
Last: 2025-11-12
Officers (3 active · 6 resigned)
FROGSON, Darren Barber→
Activesecretary · appointed 2000-11-30
View their other companies + combined net worth →
EVERITT, Steven David→
Activedirector · ~59y · appointed 2010-03-10
View their other companies + combined net worth →
FROGSON, Darren Barber→
Activedirector · ~60y · appointed 1995-12-01
View their other companies + combined net worth →
MARTIN, Philip James→
Resignedsecretary · appointed 1995-12-01 · resigned 1997-07-10
MCCOY, Adrian Patrick→
Resignedsecretary · appointed 1997-07-10 · resigned 2000-07-20
UNSWORTH, Anthony Richard→
Resignedsecretary · appointed 2000-07-20 · resigned 2000-11-30
WATERLOW SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1995-11-17 · resigned 1995-12-01
MARTIN, Philip James→
Resigneddirector · ~74y · appointed 1995-12-01 · resigned 2010-03-10
WATERLOW NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 1995-11-17 · resigned 1995-12-01
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
4
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Philip James Martin | Debenture | 1 property | 10/03/2010 | 29/11/2017 | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Omnibus guarantee and set-off agreement | 1 property | 10/03/2010 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Debenture | 1 property | 06/06/2002 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 14/12/2000 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 26/07/1999 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Deposit agreement to secure own liabilities | 1 property | 27/02/1997 | 29/06/1999 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (109 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-05
change-person-director-company-with-change-date
officers · CH01
2025-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-01
certificate-change-of-name-company
change-of-name · CERTNM
2023-11-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-23
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2021-12-22
legacy
accounts · PARENT_ACC
2021-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-19
legacy
other · GUARANTEE2
2021-11-16
legacy
other · AGREEMENT2
2021-11-16