ATLANTIC FORK LIFTS LIMITED

🌳Matureactive
03594501 · ltd · incorporated 1998-07-08
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 24.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2025
Net worth
£1.46M
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 33170
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 75-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 75). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 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 · 2 lenders · oldest 24.8y

50/100
clean up first

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

  • · Oldest live charge is 24.8 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 (78/100)

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
11 officers (3 active, 11 linked, 4 with DOB)
77
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
104 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 £1,457,823
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£418
~ YoY
Net Worth
£1.5m
↑ 5.4% YoY
Current Assets
£1.4m
↑ 2.8% YoY
Current Liabilities
—
£0£292k£583k£875k£1.2m£1.5mOct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-10-292024-10-29
Total assets£1.73M£1.60M
Current assets£1.35M£1.32M
Cash£418£418
Debtors£897.5k£830.8k
Net assets£1.46M£1.38M

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

🔒Filing-note intelligence

2 signals 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
4
filings
  • • 2 officers
  • • 1 accounts
  • • 1 confirmation-statement
Last 90 days
4
filings
  • • 2 officers
  • • 1 accounts
  • • 1 confirmation-statement
Last 180 days
4
filings
  • • 2 officers
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
  1. 2026-07-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-07-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-07-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-06-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2024-06-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  8. 2023-07-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-07-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  12. 2021-03-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2021-03-10
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  14. 2021-03-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2021-03-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2020-11-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-11-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2019-11-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2009-06-11
    🔓
    Charge satisfied #1
  20. 2007-06-13
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  21. 2007-01-01
    ➖
    MORTIMER, Jack resigned
    director
  22. 2006-05-08
    ➕
    WHENT, Lynda appointed
    secretary
  23. 2005-04-04
    ➕
    GILL, Jonathan Leslie appointed
    director
  24. 2004-12-31
    ➖
    GILL, Darren Richard resigned
    secretary
  25. 2003-04-15
    ➕
    GILL, Darren Richard appointed
    secretary
  26. 2003-04-09
    ➕
    GILL, Leslie Walter appointed
    director
  27. 2003-04-09
    ➖
    MORTIMER, Jack resigned
    secretary
  28. 2003-04-09
    ➖
    LYONS, Kevin Brendan resigned
    director
  29. 2001-09-17
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  30. 1998-07-31
    ➕
    MORTIMER, Jack appointed
    secretary
  31. 1998-07-31
    ➖
    WB COMPANY SECRETARIES LIMITED resigned
    corporate-secretary
  32. 1998-07-31
    ➕
    LYONS, Kevin Brendan appointed
    director
  33. 1998-07-31
    ➕
    MORTIMER, Jack appointed
    director
  34. 1998-07-31
    ➖
    WB COMPANY DIRECTORS LIMITED resigned
    corporate-director
  35. 1998-07-10
    ➖
    JL NOMINEES TWO LIMITED resigned
    corporate-nominee-secretary
  36. 1998-07-10
    ➕
    WB COMPANY SECRETARIES LIMITED appointed
    corporate-secretary
  37. 1998-07-10
    ➖
    JL NOMINEES ONE LIMITED resigned
    corporate-nominee-director
  38. 1998-07-10
    ➕
    WB COMPANY DIRECTORS LIMITED appointed
    corporate-director
  39. 1998-07-08
    🏢
    Company incorporated
    As ATLANTIC FORK LIFTS LIMITED
  40. 1998-07-08
    ➕
    JL NOMINEES TWO LIMITED appointed
    corporate-nominee-secretary
  41. 1998-07-08
    ➕
    JL NOMINEES ONE LIMITED appointed
    corporate-nominee-director

Owner dependency

91/100
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 75 — 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 75 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.)

Group structure

Servace Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Servace Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
ATLANTIC FORK LIFTS LIMITED
This company · 03594501

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
Servace Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr Leslie Walter Gillceased 06/04/2016· 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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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
Incorporated1998-07-08
Jurisdictionengland-wales
Primary SIC33170 — SIC 33170

Registered office

Bel House
Fisher Street
Newcastle Upon Tyne
NE6 4LT
England

Filing status

Accounts
Next due: 2027-07-29
Last made up to: 2025-10-29
Confirmation statement
Next due: 2027-07-16
Last: 2026-07-02

Officers (3 active · 8 resigned)

WHENT, Lynda→
secretary · appointed 2006-05-08
View their other companies + combined net worth →
Active
GILL, Jonathan Leslie→
director · ~52y · appointed 2005-04-04
View their other companies + combined net worth →
Active
GILL, Leslie Walter→
director · ~75y · appointed 2003-04-09
View their other companies + combined net worth →
Active
GILL, Darren Richard→
secretary · appointed 2003-04-15 · resigned 2004-12-31
Resigned
MORTIMER, Jack→
secretary · appointed 1998-07-31 · resigned 2003-04-09
Resigned
JL NOMINEES TWO LIMITED→
corporate-nominee-secretary · appointed 1998-07-08 · resigned 1998-07-10
Resigned
WB COMPANY SECRETARIES LIMITED→
corporate-secretary · appointed 1998-07-10 · resigned 1998-07-31
Resigned
LYONS, Kevin Brendan→
director · ~75y · appointed 1998-07-31 · resigned 2003-04-09
Resigned
MORTIMER, Jack→
director · ~81y · appointed 1998-07-31 · resigned 2007-01-01
Resigned
JL NOMINEES ONE LIMITED→
corporate-nominee-director · appointed 1998-07-08 · resigned 1998-07-10
Resigned
WB COMPANY DIRECTORS LIMITED→
corporate-director · appointed 1998-07-10 · resigned 1998-07-31
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
Debenture1 property13/06/2007—
satisfied
HSBC
Hsbc Bank PLC
Debenture1 property17/09/200111/06/2009
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (104 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-07-14
confirmation-statement-with-updates
confirmation-statement · CS01
2026-07-13
change-person-director-company-with-change-date
officers · CH01
2026-07-07
change-person-director-company-with-change-date
officers · CH01
2026-07-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-06-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-06-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-28