CUTTER SERVICES PRECISION ENGINEERS LIMITED
🌳Matureactive
03487978 · ltd · incorporated 1998-01-02
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 28.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£136.1k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 28.5y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 28.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 4 with DOB)
80
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
93 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £136,070
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£136k
↑ 39% YoY
Current Assets
£237k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £217.1k | £204.0k |
| Current assets | £237.4k | £238.5k |
| Net assets | £136.1k | £97.7k |
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 (35 events)Click to expand
- 2025-10-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-07-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-07-27📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2021-07-27📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-07-27📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-07-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-07-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-01-31➕NESBITT, Michelle Louise appointedsecretary
- 2021-01-31➖COLE, Lorraine Deborah resignedsecretary
- 2021-01-31➖COLE, David Brian resigneddirector
- 2021-01-31➖COLE, Lorraine Deborah resigneddirector
- 2020-10-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-26📄change-person-director-company-with-change-dateofficers · CH01
- 2020-08-26📄change-person-director-company-with-change-dateofficers · CH01
- 2020-08-26📄change-person-director-company-with-change-dateofficers · CH01
- 2020-08-26📄change-person-director-company-with-change-dateofficers · CH01
- 2020-08-26📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-08-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-02-09➕NESBITT, Michelle Louise appointeddirector
- 2018-02-09➕NESBITT, Stephen Paul appointeddirector
- 1998-04-22🔒Charge registered #2Lender: Letchworth Garen City Heritage Foundation
- 1998-01-27🔒Charge registered #1Lender: Barclays Bank PLC
- 1998-01-02🏢Company incorporatedAs CUTTER SERVICES PRECISION ENGINEERS LIMITED
- 1998-01-02➕COLE, Lorraine Deborah appointedsecretary
- 1998-01-02➕WATERLOW SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1998-01-02➖WATERLOW SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1998-01-02➕COLE, David Brian appointeddirector
- 1998-01-02➕COLE, Lorraine Deborah appointeddirector
- 1998-01-02➕WATERLOW NOMINEES LIMITED appointedcorporate-nominee-director
- 1998-01-02➖WATERLOW NOMINEES LIMITED resignedcorporate-nominee-director
Owner dependency
66/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 29 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stephen Paul Nesbitt Individual · British · DOB 09/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 29/03/2021 |
Mrs Michelle Louise Nesbitt Individual · British · DOB 01/1972 · age 54 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 29/03/2021 |
2 historic (ceased) PSCs
- Mr David Brian Coleceased 01/10/2018· 25-50% shares · 25-50% voting
- Mrs Lorraine Deborah Coleceased 01/10/2018· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · AL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BROWNING AND SPICE LTD→ 16975379 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| COGENT DESIGN LIMITED→ 03698789 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| COLBAIR SERVICES LIMITED→ 04926947 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| COLLIE PRINT LIMITED→ 06907632 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| CROWN FLAIR TRADE LTD→ 16144440 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CUTTER & BARR LIMITED→ 08671521 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| CYBER AGENTS LTD→ 14151583 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CYKU BIOPLASTICS LIMITED→ 13159918 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| D.A.C. HEATING LIMITED→ 04994967 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| DARK MATTER COMPOSITES LIMITED→ 05395870 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| DAVE'S RENOVATORS LTD→ 16553636 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DCS SMART CONTROL SYSTEMS LIMITED→ 13332928 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated1998-01-02
Jurisdictionengland-wales
Primary SIC25990 — SIC 25990
Registered office
Broad House
1 The Broadway
Old Hatfield
Hertfordshire
AL9 5BG
United Kingdom
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-01
Last: 2025-12-18
Officers (3 active · 5 resigned)
NESBITT, Michelle Louise→
Activesecretary · appointed 2021-01-31
View their other companies + combined net worth →
NESBITT, Michelle Louise→
Activedirector · ~54y · appointed 2018-02-09
View their other companies + combined net worth →
NESBITT, Stephen Paul→
Activedirector · ~55y · appointed 2018-02-09
View their other companies + combined net worth →
COLE, Lorraine Deborah→
Resignedsecretary · appointed 1998-01-02 · resigned 2021-01-31
WATERLOW SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1998-01-02 · resigned 1998-01-02
COLE, David Brian→
Resigneddirector · ~71y · appointed 1998-01-02 · resigned 2021-01-31
COLE, Lorraine Deborah→
Resigneddirector · ~67y · appointed 1998-01-02 · resigned 2021-01-31
WATERLOW NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 1998-01-02 · resigned 1998-01-02
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Letchworth Garen City Heritage Foundation | Rent deposit account | 1 property | 22/04/1998 | — | |
| outstanding | Barclays Barclays Bank PLC | Debenture | 1 property | 27/01/1998 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (93 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-31
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-07-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-07-27
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2021-07-27
appoint-person-secretary-company-with-name-date
officers · AP03
2021-07-27
termination-secretary-company-with-name-termination-date
officers · TM02
2021-07-27