AERTEX LIMITED

🌳Matureactive
03545367 · ltd · incorporated 1998-04-14
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 26.7y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2024
Net worth
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Wholesale of clothing and footwear
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 81-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 81). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 26.7y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 26.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (74/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 3 with DOB)
77
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
83 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.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-07-31
Average employees200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
  • 2 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-03-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  2. 2026-03-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-09-25
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  4. 2025-04-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-04-22
    ESTRY, Philip Maurice resigned
    director
  6. 2025-04-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-09-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-04-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-07-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-06-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-04-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-07-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2019-04-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-04-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-04-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2006-06-07
    🔓
    Charge satisfied #1
  18. 2005-06-25
    DEMPSEY, James Andrew appointed
    secretary
  19. 2005-06-25
    DERBY STREET SECRETARIES LIMITED resigned
    corporate-secretary
  20. 2003-10-15
    FRANKS, Ellis appointed
    director
  21. 2003-06-12
    DEMPSEY, James Andrew appointed
    director
  22. 2003-06-12
    MIDDLETON COMMERCIAL PROPERTIES LTD resigned
    corporate-director
  23. 1999-10-14
    🔒
    Charge registered #1
    Lender: Euro Sales Finance PLC
  24. 1999-09-24
    ESTRY, Philip Maurice appointed
    director
  25. 1999-07-14
    ORME, Graham John resigned
    secretary
  26. 1999-07-14
    DERBY STREET SECRETARIES LIMITED appointed
    corporate-secretary
  27. 1998-07-14
    ORME, Graham John appointed
    secretary
  28. 1998-07-14
    MIDDLETON COMMERCIAL PROPERTIES LTD appointed
    corporate-director
  29. 1998-05-28
    RM REGISTRARS LIMITED resigned
    corporate-nominee-secretary
  30. 1998-05-28
    RM NOMINEES LIMITED resigned
    corporate-nominee-director
  31. 1998-04-14
    🏢
    Company incorporated
    As AERTEX LIMITED
  32. 1998-04-14
    RM REGISTRARS LIMITED appointed
    corporate-nominee-secretary
  33. 1998-04-14
    RM NOMINEES LIMITED appointed
    corporate-nominee-director

Owner dependency

83/100
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.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 81 — succession pressure is live.

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 81 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 23 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Francine Mandy Elkinson
Individual · British · DOB 06/1968 · age 58
2550%
25–50%board control25-50% shares · 25-50% voting · board control07/01/2026
Mr James Andrew Dempsey
Individual · British · DOB 08/1948 · age 78
2550%
25-50% shares06/04/2016
1 historic (ceased) PSC
  • Mr Philip Maurice Estryceased 07/01/2026· 25-50% shares

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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14539164 · est 2022 · no financials extracted
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11729112 · est 2018 · no financials extracted
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14926362 · est 2023 · no financials extracted
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14986858 · est 2023 · no financials extracted
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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
Incorporated1998-04-14
Jurisdictionengland-wales
Primary SIC46420 — Wholesale of clothing and footwear

Registered office

55 Leslie Hough Way
Salford
M6 6AJ
England

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2027-03-04
Last: 2026-02-18

Officers (3 active · 6 resigned)

DEMPSEY, James Andrew
secretary · appointed 2005-06-25
View their other companies + combined net worth →
Active
DEMPSEY, James Andrew
director · ~78y · appointed 2003-06-12
View their other companies + combined net worth →
Active
FRANKS, Ellis
director · ~81y · appointed 2003-10-15
View their other companies + combined net worth →
Active
ORME, Graham John
secretary · appointed 1998-07-14 · resigned 1999-07-14
Resigned
DERBY STREET SECRETARIES LIMITED
corporate-secretary · appointed 1999-07-14 · resigned 2005-06-25
Resigned
RM REGISTRARS LIMITED
corporate-nominee-secretary · appointed 1998-04-14 · resigned 1998-05-28
Resigned
ESTRY, Philip Maurice
director · ~90y · appointed 1999-09-24 · resigned 2025-04-22
Resigned
MIDDLETON COMMERCIAL PROPERTIES LTD
corporate-director · appointed 1998-07-14 · resigned 2003-06-12
Resigned
RM NOMINEES LIMITED
corporate-nominee-director · appointed 1998-04-14 · resigned 1998-05-28
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Euro Sales Finance
Euro Sales Finance PLC
Debenture1 property14/10/199907/06/2006

Recent filings (83 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-04
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-23
termination-director-company-with-name-termination-date
officers · TM01
2025-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-21