DEG WORKSHOP LTD
🌳Matureactive
03881866 · ltd · incorporated 1999-11-24
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 33170
Sector: Manufacturing
ALSO REGISTERED FOR
- 38210SIC 38210
Investor take
PursueActive trading company with a 79-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 79). Share purchase looks the cleaner deal structure. 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 · 7 lenders · oldest 26.3y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 26.3 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
10 officers (4 active, 10 linked, 6 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
96 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
2
filings
- • 2 mortgage
Last 90 days
2
filings
- • 2 mortgage
Last 180 days
2
filings
- • 2 mortgage
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
- 2026-06-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-06-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-06-05🔓Charge satisfied #7
- 2026-06-05🔓Charge satisfied #6
- 2025-11-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-11-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-08-14📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-03-21📄accounts-with-accounts-type-smallaccounts · AA
- 2024-07-05✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2024-04-07📄accounts-with-accounts-type-smallaccounts · AA
- 2023-04-03📄accounts-with-accounts-type-smallaccounts · AA
- 2023-03-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-28🔒Charge registered #8Lender: Dbw Investments (3) Limited
- 2023-01-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-01-05➕NEAL, Liam David appointeddirector
- 2022-02-23📄accounts-with-accounts-type-smallaccounts · AA
- 2021-06-08📄accounts-with-accounts-type-smallaccounts · AA
- 2019-12-23📄accounts-with-accounts-type-smallaccounts · AA
- 2019-02-19📄accounts-with-accounts-type-smallaccounts · AA
- 2018-02-23📄accounts-with-accounts-type-smallaccounts · AA
- 2015-07-28🔒Charge registered #7Lender: Finance Wales Investments (8) LTD
- 2013-12-13🔒Charge registered #6Lender: Finance Wales Investments (6) LTD
- 2010-09-30➖NEAL, Melanie Jayne resigneddirector
- 2008-03-06➕KENNEY, Michael Andrew appointeddirector
- 2003-05-10➖RAMADAN, Nihad resigneddirector
- 2002-06-13🔓Charge satisfied #4
- 2002-06-13🔓Charge satisfied #3
- 2002-06-13🔓Charge satisfied #1
- 2002-05-16🔓Charge satisfied #2
- 2002-05-14🔒Charge registered #5Lender: Hsbc Bank PLC
- 2002-05-10➕NEAL, David John appointedsecretary
- 2002-05-10➕NEAL, David John appointeddirector
- 2002-05-10➖PARSONS-YOUNG, John Robert resignedsecretary
- 2002-05-10➕NEAL, Melanie Jayne appointeddirector
- 2002-05-10➖PARSONS-YOUNG, John Robert resigneddirector
- 2002-03-26🔒Charge registered #4Lender: Bank of Wales PLC and the Governor and Company of the Bank of Scotland
- 2000-03-14🔒Charge registered #3Lender: Bank of Wales
- 2000-03-14🔒Charge registered #2Lender: Bank of Wales PLC
- 2000-03-14🔒Charge registered #1Lender: Bank of Wales PLC
- 1999-11-24🏢Company incorporatedAs DEG WORKSHOP LTD
- 1999-11-24➕PARSONS-YOUNG, John Robert appointedsecretary
- 1999-11-24➕RAMADAN, Nihad appointedsecretary
- 1999-11-24➖RAMADAN, Nihad resignedsecretary
- 1999-11-24➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 1999-11-24➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
- 1999-11-24➕PARSONS-YOUNG, John Robert appointeddirector
- 1999-11-24➕RAMADAN, Nihad appointeddirector
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 79 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 27 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
2 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Name changed recently
mediumName changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2024-07-05: certificate-change-of-name-company
Group structure
Neal Soil Suppliers Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Neal Soil Suppliers Ltd
Corporate parent · holds 75-100% shares
⬇
DEG WORKSHOP LTD
This company · 03881866
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Neal Soil Suppliers Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 03/11/2025 |
Mr David John Neal Individual · Welsh · DOB 07/1960 · age 66 | — | — | sig. influencesignificant influence | 24/11/2016 |
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 →Similar companies
Active · Manufacturing · CF postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A-EON TECHNOLOGY LTD→ 08020555 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| ADVANCED TOTAL FIRE PROTECTION LTD→ 14147496 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AERORAIL LTD→ 13950117 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AEROSPARK LIMITED→ 16736165 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AERSOFT AVIATION SOLUTIONS LIMITED→ 16772291 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AFT GROUP (WALES) LTD→ 08198086 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| AGGREGATES EXPRESS QUARRY PRODUCTS & RECYCLING (FOREST WOOD) LTD→ 14438035 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AGGREGATES EXPRESS QUARRY PRODUCTS LTD→ 13576544 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AGROKOMBINAT DZERZHINSKY LIMITED→ 17113971 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AGROWILL GREEN LTD→ 11573091 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AH AEROTECH LIMITED→ 10010153 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| AH AVIATION LIMITED→ 11010239 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated1999-11-24
Jurisdictionengland-wales
Primary SIC33170 — SIC 33170
Registered office
Atlantic Ecopark Newton Road
Rumney
Cardiff
Cf3 2ej
CF3 2EJ
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-12-08
Last: 2025-11-24
Officers (4 active · 6 resigned)
Active
KENNEY, Michael Andrew→
Activedirector · ~79y · appointed 2008-03-06
View their other companies + combined net worth →
NEAL, David John→
Activedirector · ~66y · appointed 2002-05-10
View their other companies + combined net worth →
NEAL, Liam David→
Activedirector · ~40y · appointed 2023-01-05
View their other companies + combined net worth →
PARSONS-YOUNG, John Robert→
Resignedsecretary · appointed 1999-11-24 · resigned 2002-05-10
RAMADAN, Nihad→
Resignedsecretary · appointed 1999-11-24 · resigned 1999-11-24
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1999-11-24 · resigned 1999-11-24
NEAL, Melanie Jayne→
Resigneddirector · ~63y · appointed 2002-05-10 · resigned 2010-09-30
PARSONS-YOUNG, John Robert→
Resigneddirector · ~73y · appointed 1999-11-24 · resigned 2002-05-10
RAMADAN, Nihad→
Resigneddirector · ~69y · appointed 1999-11-24 · resigned 2003-05-10
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
2
Outstanding
2
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Dbw Investments (3) Dbw Investments (3) Limited | A registered charge | 2 properties | 28/02/2023 | — | |
| satisfied | Finance Wales Investments (8) Finance Wales Investments (8) LTD | A registered charge | — | 28/07/2015 | 05/06/2026 | |
| satisfied | Finance Wales Investments (6) Finance Wales Investments (6) LTD | A registered charge | 1 property | 13/12/2013 | 05/06/2026 | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 14/05/2002 | — | |
| satisfied | Lloyds Banking Group Bank of Wales PLC and the Governor and Company of the Bank of Scotland | Legal mortgage | 2 properties | 26/03/2002 | 13/06/2002 | |
| satisfied | Bank of Wales | Debenture | 1 property | 14/03/2000 | 13/06/2002 | |
| satisfied | Bank of Wales Bank of Wales PLC | Legal mortgage | 1 property | 14/03/2000 | 16/05/2002 | |
| satisfied | Bank of Wales Bank of Wales PLC | Legal mortgage | 1 property | 14/03/2000 | 13/06/2002 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (96 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-06-05
mortgage-satisfy-charge-full
mortgage · MR04
2026-06-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-11-25
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-11-06
change-account-reference-date-company-current-extended
accounts · AA01
2025-08-14
accounts-with-accounts-type-small
accounts · AA
2025-03-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-05
certificate-change-of-name-company
change-of-name · CERTNM
2024-07-05
accounts-with-accounts-type-small
accounts · AA
2024-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-24
accounts-with-accounts-type-small
accounts · AA
2023-04-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-01
appoint-person-director-company-with-name-date
officers · AP01
2023-01-18