G PACITTO & SONS (REDCAR) LIMITED

🌳Matureactive
03535372 · ltd · incorporated 1998-03-26
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 27.3y old — refinance window within 12 months
🔒Estimated value
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Turnover
year to Mar 2025
Net worth
£869.9k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 10520
Sector: Manufacturing
ALSO REGISTERED FOR
  • 56102Unlicenced restaurants and cafes
Investor take
Pursue
Active trading company with a 83-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 83). 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: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 27.3y

65/100
clean up first

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

  • · Oldest live charge is 27.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · 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, 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
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
81 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £869,868
Net assets shrinking
Down £63,151 YoY
Cash YoY
-12%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£515k
↓ 12% YoY
Net Worth
£870k
↓ 6.8% YoY
Current Assets
£521k
↓ 12% YoY
Current Liabilities
£0£187k£373k£560k£746k£933kMar 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£874.8k£938.3k
Current assets£520.9k£593.8k
Cash£514.9k£586.6k
Debtors£2.3k£2.6k
Net assets£869.9k£933.0k

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
2
filings
  • 2 confirmation-statement
Last 180 days
3
filings
  • 2 confirmation-statement
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-04-13
    📄
    replacement-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP01CS01
  2. 2026-03-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-08-08
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  7. 2023-08-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-08-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2023-04-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-08-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-08-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2022-08-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2022-08-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2022-08-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2022-08-01
    PACITTO, Marcus Michael, Mr. appointed
    director
  16. 2021-10-17
    PACITTO, George Alfred resigned
    director
  17. 2021-09-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-09-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-10-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 1999-03-31
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  21. 1999-03-31
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  22. 1999-03-26
    PACITTO, Marcus appointed
    secretary
  23. 1999-03-26
    PACITTO, Michael Anthony appointed
    director
  24. 1999-03-26
    PACITTO, George Alfred appointed
    director
  25. 1998-03-26
    🏢
    Company incorporated
    As G PACITTO & SONS (REDCAR) LIMITED
  26. 1998-03-26
    JPCORS LIMITED appointed
    corporate-nominee-secretary
  27. 1998-03-26
    JPCORS LIMITED resigned
    corporate-nominee-secretary
  28. 1998-03-26
    JPCORD LIMITED appointed
    corporate-nominee-director
  29. 1998-03-26
    JPCORD LIMITED resigned
    corporate-nominee-director

Owner dependency

100/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "PACITTO" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 83 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
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 83 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr. Marcus Michael Pacitto
Individual · British · DOB 06/1965 · age 61
5075%
50–75%board control50-75% shares · 50-75% voting · board control27/03/2023
2 historic (ceased) PSCs
  • Mr Michael Anthony Pacittoceased 01/04/2024· 25-50% shares · 25-50% voting · board control
  • Mr George Alfred Pacittoceased 17/10/2021· 25-50% shares · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1998-03-26
Jurisdictionengland-wales
Primary SIC10520 — SIC 10520

Registered office

29 High Street
Redcar
Cleveland
TS10 3BZ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-11
Last: 2026-03-28

Officers (3 active · 3 resigned)

PACITTO, Marcus
secretary · appointed 1999-03-26
View their other companies + combined net worth →
Active
PACITTO, Marcus Michael, Mr.
director · ~61y · appointed 2022-08-01
View their other companies + combined net worth →
Active
PACITTO, Michael Anthony
director · ~83y · appointed 1999-03-26
View their other companies + combined net worth →
Active
JPCORS LIMITED
corporate-nominee-secretary · appointed 1998-03-26 · resigned 1998-03-26
Resigned
PACITTO, George Alfred
director · ~85y · appointed 1999-03-26 · resigned 2021-10-17
Resigned
JPCORD LIMITED
corporate-nominee-director · appointed 1998-03-26 · resigned 1998-03-26
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property31/03/1999
outstanding
Barclays
Barclays Bank PLC
Legal charge3 properties31/03/1999
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (81 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-27
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-04-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-24
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2023-08-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-08-01
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-19