ADVANCED SEALS AND GASKETS LIMITED

🌳Matureactive
03265619 · ltd · incorporated 1996-10-18
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 Mar 2025
Net worth
£4.02M
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 22190
Sector: Manufacturing
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 74/100 (strong), bankability 57/100. Same-surname younger director in place — likely family handover, not open to sale. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

8 live charges · 6 lenders · oldest 25.5y

35/100
too messy

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

  • · Oldest live charge is 25.5 years old — likely at or near maturity.
  • · 6 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
14 officers (8 active, 14 linked, 11 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
101 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £4,015,120
Cash YoY
+13%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.8m
↑ 13% YoY
Net Worth
£4.0m
~ YoY
Current Assets
£4.6m
↓ 1.6% YoY
Current Liabilities
£0£933k£1.9m£2.8m£3.7m£4.7mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£4.15M£4.05M
Current assets£4.59M£4.67M
Cash£1.84M£1.62M
Debtors£1.99M£2.41M
Net assets£4.02M£4.01M

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (51 events)Click to expand
  1. 2025-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-10-22
    BREAKWELL, Kathryn appointed
    director
  3. 2025-10-22
    JONES, Carl appointed
    director
  4. 2025-10-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-10-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-10-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2025-10-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2025-10-10
    🔓
    Charge satisfied #3
  9. 2025-10-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2025-10-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2025-10-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2025-10-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2025-10-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2025-10-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2025-10-01
    BREAKWELL, Dale James appointed
    director
  16. 2025-10-01
    CRIDDLE, Aaron appointed
    director
  17. 2025-10-01
    TIGHE, Christopher appointed
    director
  18. 2025-10-01
    WHYLE, Keith David appointed
    director
  19. 2025-10-01
    BALIANA, Polla Singh resigned
    director
  20. 2025-10-01
    JONES, Carl resigned
    director
  21. 2025-10-01
    🔒
    Charge registered #8
    Lender: Carl Jones
  22. 2024-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2023-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2022-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2021-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2021-03-18
    📄
    memorandum-articles
    incorporation · MA
  27. 2021-03-18
    📄
    resolution
    resolution · RESOLUTIONS
  28. 2021-02-05
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  29. 2021-02-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  30. 2017-10-14
    🔓
    Charge satisfied #2
  31. 2017-10-14
    🔓
    Charge satisfied #1
  32. 2011-12-16
    ALLEN, Lee Joseph resigned
    director
  33. 2009-02-02
    WHYLE, Keith David resigned
    director
  34. 2008-04-03
    ALLEN, Lee Joseph appointed
    director
  35. 2008-04-03
    JONES, Carl appointed
    director
  36. 2008-04-03
    WHYLE, Keith David appointed
    director
  37. 2008-04-03
    🔒
    Charge registered #7
    Lender: Hsbc Asset Finance (UK) Limited
  38. 2008-04-03
    🔒
    Charge registered #6
    Lender: Hsbc Invoice Finance (UK) LTD ("the Security Holder")
  39. 2008-04-03
    🔒
    Charge registered #5
    Lender: Hsbc Invoice Finance (UK) LTD ("the Security Holder")
  40. 2008-04-03
    🔒
    Charge registered #4
    Lender: Hsbc Bank PLC
  41. 2008-04-03
    🔒
    Charge registered #3
    Lender: Richard Paul Breakwell and Polla Singh Baliana (For Themselves and as Agents and Trustees of the Holders for the Time Being of the Loan Notes)
  42. 2001-11-16
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  43. 2000-11-28
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  44. 1996-10-19
    BREAKWELL, Richard Paul appointed
    secretary
  45. 1996-10-19
    BREAKWELL, Richard Paul appointed
    director
  46. 1996-10-19
    KEY LEGAL SERVICES (SECRETARIAL) LIMITED resigned
    corporate-nominee-secretary
  47. 1996-10-19
    BALIANA, Polla Singh appointed
    director
  48. 1996-10-19
    KEY LEGAL SERVICES (NOMINEES) LIMITED resigned
    corporate-nominee-director
  49. 1996-10-18
    🏢
    Company incorporated
    As ADVANCED SEALS AND GASKETS LIMITED
  50. 1996-10-18
    KEY LEGAL SERVICES (SECRETARIAL) LIMITED appointed
    corporate-nominee-secretary
Showing most recent 50 of 51 events

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -7 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

20/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — BREAKWELL, Dale James (same surname) appointed 2025-10-01. Pattern consistent with intra-family handover.
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • primary20+ year tenure: Director in role 30 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

2 med · 1 low
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BALIANA, Polla Singh resigned 2025-10-01; JONES, Carl resigned 2025-10-01

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.

5 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Advanced Seals & Gaskets (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Advanced Seals & Gaskets (Holdings) Limited
Corporate parent · holds 75-100% shares
ultimate parent
ADVANCED SEALS AND GASKETS LIMITED
This company · 03265619

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
Advanced Seals & Gaskets (Holdings) Limited
Corporate entity
75100%
75-100% shares18/10/2016

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 →

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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
Incorporated1996-10-18
Jurisdictionengland-wales
Primary SIC22190 — SIC 22190

Registered office

Polymer Works
Hope Street
Dudley
West Midlands
DY2 8RS

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-20
Last: 2025-11-06

Officers (8 active · 6 resigned)

BREAKWELL, Richard Paul
secretary · appointed 1996-10-19
View their other companies + combined net worth →
Active
BREAKWELL, Dale James
director · ~35y · appointed 2025-10-01
View their other companies + combined net worth →
Active
BREAKWELL, Kathryn
director · ~58y · appointed 2025-10-22
View their other companies + combined net worth →
Active
BREAKWELL, Richard Paul
director · ~59y · appointed 1996-10-19
View their other companies + combined net worth →
Active
CRIDDLE, Aaron
director · ~38y · appointed 2025-10-01
View their other companies + combined net worth →
Active
JONES, Carl
director · ~57y · appointed 2025-10-22
View their other companies + combined net worth →
Active
TIGHE, Christopher
director · ~45y · appointed 2025-10-01
View their other companies + combined net worth →
Active
WHYLE, Keith David
director · ~58y · appointed 2025-10-01
View their other companies + combined net worth →
Active
KEY LEGAL SERVICES (SECRETARIAL) LIMITED
corporate-nominee-secretary · appointed 1996-10-18 · resigned 1996-10-19
Resigned
ALLEN, Lee Joseph
director · ~53y · appointed 2008-04-03 · resigned 2011-12-16
Resigned
BALIANA, Polla Singh
director · ~63y · appointed 1996-10-19 · resigned 2025-10-01
Resigned
JONES, Carl
director · ~57y · appointed 2008-04-03 · resigned 2025-10-01
Resigned
WHYLE, Keith David
director · ~58y · appointed 2008-04-03 · resigned 2009-02-02
Resigned
KEY LEGAL SERVICES (NOMINEES) LIMITED
corporate-nominee-director · appointed 1996-10-18 · resigned 1996-10-19
Resigned

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

Mortgages & charges

8
Total charges
5
Outstanding
2
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
Carl Jones / Kathryn Breakwell
A registered charge01/10/2025
outstanding
HSBC
Hsbc Asset Finance (UK) Limited
Chattels mortgage1 property03/04/2008
outstanding
HSBC
Hsbc Invoice Finance (UK) LTD ("the Security Holder")
Floating charge1 property03/04/2008
outstanding
HSBC
Hsbc Invoice Finance (UK) LTD ("the Security Holder")
Fixed charge on puchased debts which fail to vest1 property03/04/2008
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property03/04/2008
satisfied
Richard Paul Breakwell and Polla Singh Baliana (For Themselves and as Agents and Trustees of the Holders for the Time Being of the Loan Notes)
Debenture1 property03/04/200810/10/2025
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property16/11/200114/10/2017
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property28/11/200014/10/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (101 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-31
appoint-person-director-company-with-name-date
officers · AP01
2025-10-22
appoint-person-director-company-with-name-date
officers · AP01
2025-10-22
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-10
appoint-person-director-company-with-name-date
officers · AP01
2025-10-03
appoint-person-director-company-with-name-date
officers · AP01
2025-10-03
appoint-person-director-company-with-name-date
officers · AP01
2025-10-03
appoint-person-director-company-with-name-date
officers · AP01
2025-10-03
termination-director-company-with-name-termination-date
officers · TM01
2025-10-03
termination-director-company-with-name-termination-date
officers · TM01
2025-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-30