AUTOMIC LIMITED
- 45200SIC 45200
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 65). 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 (73/100).
Refinance opportunity
1 live charge · oldest 25.5y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 25.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Average employees | 200 | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 accounts
- • 1 confirmation-statement
- • 1 accounts
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (28 events)Click to expand
- 2026-06-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-02-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-06-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-10-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-05-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-04-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-03-24📄change-person-director-company-with-change-dateofficers · CH01
- 2021-03-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-03-13📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-03-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-03-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-03-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-27📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-03-11📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-04-30➖PITTAS, George Petros resignedsecretary
- 2007-05-18➕PITTAS, Petros appointeddirector
- 2007-05-18➕PITTAS, George Petros appointedsecretary
- 2007-05-18➖PITTAS, Petros resignedsecretary
- 2007-05-18➖STEPSKY, Stuart Norman resigneddirector
- 2000-11-27🔒Charge registered #1Lender: The Cyprus Popular Bank LTD
- 2000-06-08➕PITTAS, Petros appointedsecretary
- 2000-06-08➖WHBC NOMINEE SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2000-06-08➕STEPSKY, Stuart Norman appointeddirector
- 2000-06-08➖WHBC NOMINEE DIRECTORS LIMITED resignedcorporate-nominee-director
- 2000-06-02🏢Company incorporatedAs AUTOMIC LIMITED
- 2000-06-02➕WHBC NOMINEE SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2000-06-02➕WHBC NOMINEE DIRECTORS LIMITED appointedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 26 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
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Petros Pittas Individual · British · DOB 05/1961 · age 65 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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8 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 →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
Registered office
Filing status
Officers (1 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Cyprus Popular Bank The Cyprus Popular Bank LTD | Debenture | 1 property | 27/11/2000 | — |