INDUSTRIAL ENGINEERING SUPPLIES LTD
💤Zombieactive
04411106 · ltd · incorporated 2002-04-08
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£242.4k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 01629
Sector: Agriculture, forestry & fishing
Investor take
PursueActive trading company with a 60-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (80/100, director aged 60). 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: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
8 live charges · 5 lenders · oldest 22.3y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 22.3 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 3 with DOB)
80
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
90 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £242,358
Cash YoY
+19%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£101k
↑ 19% YoY
Net Worth
£242k
↑ 15% YoY
Current Assets
£300k
↑ 9.8% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £249.1k | £216.7k |
| Current assets | £299.6k | £272.8k |
| Cash | £101.3k | £85.1k |
| Debtors | £85.0k | £73.1k |
| Net assets | £242.4k | £211.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
- 2025-11-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-30🔒Charge registered #9Lender: Lloyds Bank PLC
- 2025-05-27📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-27📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-05-27📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-05-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-07-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-05-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-10-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-10-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-10-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-10-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-10-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-10-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-10-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-10-13🔓Charge satisfied #8
- 2022-10-13🔓Charge satisfied #7
- 2022-10-13🔓Charge satisfied #6
- 2022-10-13🔓Charge satisfied #5
- 2022-10-13🔓Charge satisfied #4
- 2022-10-13🔓Charge satisfied #3
- 2022-10-13🔓Charge satisfied #1
- 2022-08-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-14➖GOLDING, Jason Bryan resignedsecretary
- 2019-08-14➖GOLDING, Jason Bryan resigneddirector
- 2018-07-17➖GOLDING, Bryan Albert Ambrose resigneddirector
- 2008-08-12🔒Charge registered #8Lender: Lloyds Tsb Commercial Finance Limited
- 2007-11-16🔒Charge registered #7Lender: Lloyds Tsb Bank PLC
- 2007-10-26🔒Charge registered #6Lender: Lloyds Tsb Bank PLC
- 2007-09-24🔒Charge registered #5Lender: Lloyds Tsb Bank PLC
- 2005-05-06🔒Charge registered #4Lender: Hsbc Bank PLC
- 2004-10-28🔒Charge registered #3Lender: Capital Bank PLC
- 2004-03-30🔒Charge registered #1Lender: Hsbc Bank PLC
- 2002-04-18➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 2002-04-18➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
- 2002-04-17➕GOLDING, David Bryan Edward appointeddirector
- 2002-04-17➕GOLDING, Jason Bryan appointedsecretary
- 2002-04-17➕GOLDING, Bryan Albert Ambrose appointeddirector
- 2002-04-17➕GOLDING, Jason Bryan appointeddirector
- 2002-04-08🏢Company incorporatedAs INDUSTRIAL ENGINEERING SUPPLIES LTD
- 2002-04-08➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 2002-04-08➕FORM 10 DIRECTORS FD LTD appointedcorporate-nominee-director
Owner dependency
93/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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
1 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.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Bryan Edward Golding Individual · British · DOB 01/1966 · age 60 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/04/2023 |
1 historic (ceased) PSC
- Mr Bryan Albert Ambrose Goldingceased 01/04/2023· 25-50% shares · 25-50% voting · board control
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 · Agriculture · BN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GARDENS OF EDEN LIMITED→ 14163694 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| GREAT STOCKINGS LIMITED→ 16366082 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| GREENSMITHS LIMITED→ 13539234 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| HOOFTEC ONLINE LTD→ 17083357 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HUNTSMANS DOG AND CAT HOTEL LTD→ 10610449 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| INSIEME KENT LTD→ 16868127 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| J. & P. CARR (FARMS) LIMITED→ 01230888 · est 1975 · no financials extracted | — | — | — | — | 50y | — | — |
| J.A.LONGHURST LIMITED→ 00600624 · est 1958 · no financials extracted | — | — | — | — | 68y | — | — |
| J.D. TRUNKFIELD FARMS LIMITED→ 03525964 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| JANE HOLLOWOOD LIMITED→ 04568802 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| JAYLART LIMITED→ 07493041 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| JIJIES REST LTD→ 12298894 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2002-04-08
Jurisdictionengland-wales
Primary SIC01629 — SIC 01629
Registered office
Unit T3 Rudford Industrial Estate
Ford Road
Ford Arundel
West Sussex
BN18 0BS
United Kingdom
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-22
Last: 2026-04-08
Officers (1 active · 5 resigned)
GOLDING, David Bryan Edward→
Activedirector · ~60y · appointed 2002-04-17
View their other companies + combined net worth →
GOLDING, Jason Bryan→
Resignedsecretary · appointed 2002-04-17 · resigned 2019-08-14
FORM 10 SECRETARIES FD LTD→
Resignedcorporate-nominee-secretary · appointed 2002-04-08 · resigned 2002-04-18
GOLDING, Bryan Albert Ambrose→
Resigneddirector · ~86y · appointed 2002-04-17 · resigned 2018-07-17
GOLDING, Jason Bryan→
Resigneddirector · ~57y · appointed 2002-04-17 · resigned 2019-08-14
FORM 10 DIRECTORS FD LTD→
Resignedcorporate-nominee-director · appointed 2002-04-08 · resigned 2002-04-18
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
1
Outstanding
1
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 30/05/2025 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 12/08/2008 | 13/10/2022 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 16/11/2007 | 13/10/2022 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 26/10/2007 | 13/10/2022 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 24/09/2007 | 13/10/2022 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 06/05/2005 | 13/10/2022 | |
| satisfied | Capital Bank Capital Bank PLC | Deed of mortgage | 1 property | 28/10/2004 | 13/10/2022 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 30/03/2004 | 13/10/2022 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (90 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-02
change-person-director-company-with-change-date
officers · CH01
2025-05-27
change-person-director-company-with-change-date
officers · CH01
2025-05-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-27
change-person-director-company-with-change-date
officers · CH01
2025-05-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-01
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-05-10