GILCREST MANUFACTURING LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 74/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
Refinance opportunity
5 live charges · 5 lenders · oldest 19.8y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 19.8 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (59/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 confirmation-statement
- • 1 officers
- • 2 officers
- • 1 confirmation-statement
- • 2 officers
- • 1 confirmation-statement
Corporate timeline (55 events)Click to expand
- 2026-04-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-04-17➕PHILLIPS, Gary appointeddirector
- 2026-03-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-03-01➕HONER, Christopher David appointeddirector
- 2025-10-07📄accounts-with-accounts-type-smallaccounts · AA
- 2024-09-06📄accounts-amended-with-accounts-type-smallaccounts · AAMD
- 2024-08-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-05-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-04-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-03-31➖GRIFFITHS, Stephen resigneddirector
- 2023-11-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-10🔒Charge registered #5Lender: Hsbc UK Bank PLC
- 2023-09-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-10📄accounts-amended-with-accounts-type-smallaccounts · AAMD
- 2023-05-24📄accounts-with-accounts-type-smallaccounts · AA
- 2022-05-13📄accounts-with-accounts-type-fullaccounts · AA
- 2022-03-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-12-08📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2021-03-09📄accounts-with-accounts-type-smallaccounts · AA
- 2020-09-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-09-01➕FOWKE, Sarah Jane appointeddirector
- 2019-10-29📄accounts-with-accounts-type-smallaccounts · AA
- 2019-04-19➖FARMILOE, Julie resigneddirector
- 2017-12-08➕GRIFFITHS, Stephen appointeddirector
- 2017-11-21➕FARMILOE, Julie appointeddirector
- 2016-07-01➖ROBERTS, Peter Maynard resigneddirector
- 2016-06-23🔓Charge satisfied #3
- 2016-06-06🔓Charge satisfied #2
- 2016-05-31➖DENFORD, Peter George resigneddirector
- 2016-04-21🔒Charge registered #4Lender: Santander UK PLC (As Security Trustee)
- 2015-08-01➖CROXTON, Andrew John resigneddirector
- 2015-08-01➕ROBERTS, Peter Maynard appointeddirector
- 2014-03-20➖O'NEILL, Michael John resignedsecretary
- 2014-03-20➖O'NEILL, Michael John resigneddirector
- 2012-10-24➕CROXTON, Andrew John appointeddirector
- 2011-07-22🔒Charge registered #3Lender: Hsbc Invoice Finance (UK) LTD ("the Security Holder")
- 2009-06-12🔓Charge satisfied #1
- 2008-06-03🔒Charge registered #2Lender: Hsbc Bank PLC
- 2006-09-12➕O'NEILL, Michael John appointeddirector
- 2006-07-19🔒Charge registered #1Lender: National Westminster Bank PLC
- 2006-03-30➖ENGLISH, William Rodney resignedsecretary
- 2006-03-30➕O'NEILL, Michael John appointedsecretary
- 2006-03-30➕DENFORD, Peter George appointeddirector
- 2006-03-30➖GILLHAM, Mervyn Henry resigneddirector
- 2003-01-17➕ENGLISH, William Rodney appointedsecretary
- 2003-01-17➖SHEPPARD, Robert Charles resignedsecretary
- 2002-04-30➕GILLHAM, Kevin Michael Mervyn appointeddirector
- 2002-03-22🏢Company incorporatedAs GILCREST MANUFACTURING LIMITED
- 2002-03-22➕SHEPPARD, Robert Charles appointedsecretary
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kevin Gillham Individual · British · DOB 11/1975 · age 51 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
Mrs Victoria Ann Doritza Bernstein Individual · British · DOB 03/1973 · age 53 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/07/2017 |
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
Active · Manufacturing · BS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 DELTA ENGINEERING EC LIMITED→ 02903909 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
| 2601 CREATIVE PRINT LTD→ 08960428 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| 299 LIGHTING LIMITED→ 06927908 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| 3DPRINTSHED LTD→ 13181658 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| A DYMOND SECURITY INSTALLATIONS LIMITED→ 06705227 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| A.B.C. (ENAMELLING & FABRICATIONS) LIMITED→ 01291149 · est 1976 · no financials extracted | — | — | — | — | 49y | — | — |
| A&B REFURBISHMENTS LTD→ 15806069 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABANAKI (UK) LIMITED→ 03956717 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| ACAMAR RECORDS LIMITED→ 10775405 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ACE AGGREGATE PROCESSING LIMITED→ 09103752 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ACE CATERING EQUIPMENT LIMITED→ 08158157 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ACE SYSTEMS LIMITED→ 01657471 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
6 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 (4 active · 12 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 10/11/2023 | — | |
| outstanding | Santander Santander UK PLC (As Security Trustee) | A registered charge | — | 21/04/2016 | — | |
| satisfied | HSBC Hsbc Invoice Finance (UK) LTD ("the Security Holder") | Fixed charge on non-vesting debts and floating charge | 1 property | 22/07/2011 | 23/06/2016 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 03/06/2008 | 06/06/2016 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 19/07/2006 | 12/06/2009 |