CIT TECHNOLOGY LIMITED
💤Zombieactive
04424254 · ltd · incorporated 2002-04-25
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
—
not disclosed
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: SIC 22290
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 73/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
7 live charges · 4 lenders · oldest 21.2y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 21.2 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (60/100)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
No iXBRL financials extracted
0
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
22 officers (1 active, 22 linked, 16 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
153 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (74 events)Click to expand
- 2025-10-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-04-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-24🔒Charge registered #7Lender: Andrew Martin Fay, Dalriada Trustees Limited and Pan Trustees UK LLP as Trustees of the Carclo Group Pension Scheme
- 2025-04-24🔒Charge registered #6Lender: Bz Commercial Finance Designated Activity Company
- 2025-04-24🔒Charge registered #5Lender: Bz Commercial Finance Designated Activity Company
- 2025-04-24🔒Charge registered #4Lender: Bz Commercial Finance Designated Activity Company
- 2025-04-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-04-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-01➕TICHIAS, Ian Alan appointeddirector
- 2025-03-31➖HUTCHINSON, Eric George resigneddirector
- 2025-01-08📄accounts-with-accounts-type-fullaccounts · AA
- 2024-06-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-06-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-10-24📄accounts-with-accounts-type-fullaccounts · AA
- 2023-08-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-08-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-08-21➖BEDFORD, David Michael resigneddirector
- 2023-08-21➕HUTCHINSON, Eric George appointeddirector
- 2023-07-31📄memorandum-articlesincorporation · MA
- 2023-07-31📄resolutionresolution · RESOLUTIONS
- 2023-06-26📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-06-20➖WAKES, Angela resignedsecretary
- 2023-05-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-05-12➖WESTGARTH, Lee George resigneddirector
- 2022-12-16📄accounts-with-accounts-type-fullaccounts · AA
- 2022-11-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-14➕BEDFORD, David Michael appointeddirector
- 2021-12-08📄accounts-with-accounts-type-fullaccounts · AA
- 2019-12-31➖MALLEY, Christopher John resigneddirector
- 2019-12-31➕WESTGARTH, Lee George appointeddirector
- 2019-10-04➖COLE, Richard Andrew resignedsecretary
- 2019-10-04➕WAKES, Angela appointedsecretary
- 2019-07-29➕COLE, Richard Andrew appointedsecretary
- 2019-07-29➖OTTAWAY, Richard John resignedsecretary
- 2019-07-29➖OTTAWAY, Richard John resigneddirector
- 2018-03-31➖BROOKSBANK, Robert James resigneddirector
- 2018-01-06🔓Charge satisfied #3
- 2018-01-06🔓Charge satisfied #2
- 2017-03-17➖BENTLEY, Philip Gareth, Dr resigneddirector
- 2015-12-31➖THOMAS, David Stephen, Dr resigneddirector
- 2015-10-21🔓Charge satisfied #1
- 2015-03-31➖COOK, Eric resignedsecretary
- 2015-03-31➕OTTAWAY, Richard John appointedsecretary
- 2015-03-31➖COOK, Eric resigneddirector
- 2015-03-31➕OTTAWAY, Richard John appointeddirector
- 2013-11-30➖WILLIAMSON, Kenneth David resigneddirector
- 2013-03-27➖WILLIAMSON, Ian resigneddirector
Showing most recent 50 of 74 events
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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.
Group structure
Carclo Plc is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Carclo Plc
Corporate parent · holds 75-100% shares
⬇
CIT TECHNOLOGY LIMITED
This company · 04424254
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Carclo Plc Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
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 · CR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 4NG LIMITED→ 10676596 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| A-RICH NUTRITION LTD→ 11590481 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A.S. MCGILL LIMITED→ 01343380 · est 1977 · no financials extracted | — | — | — | — | 48y | — | — |
| ADVANCED ELECTRONIC SOLUTIONS LTD→ 04485924 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| AFAAF LIMITED→ 05219052 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ALCHEMIST CANDLES LTD→ 12991166 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ALLEN (CONCRETE) LIMITED→ 02120862 · est 1987 · no financials extracted | — | — | — | — | 39y | — | — |
| ALPHA LABELS AND SIGNS LIMITED→ 02973505 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| AMA SIGNATURE LTD→ 15691271 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AMAZING CLEANERS 2023 LIMITED→ 15303092 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AMENIETA ICT SOLUTIONS LIMITED→ 07668751 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| AMIPAK LIMITED→ 03708621 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2002-04-25
Jurisdictionengland-wales
Primary SIC22290 — SIC 22290
Registered office
47 Wates Way
Mitcham
Surrey
CR4 4HR
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-04-01
Confirmation statement
Next due: 2027-05-20
Last: 2026-05-06
Officers (1 active · 21 resigned)
TICHIAS, Ian Alan→
Activedirector · ~57y · appointed 2025-04-01
View their other companies + combined net worth →
COLE, Richard Andrew→
Resignedsecretary · appointed 2019-07-29 · resigned 2019-10-04
COOK, Eric→
Resignedsecretary · appointed 2002-04-30 · resigned 2015-03-31
OTTAWAY, Richard John→
Resignedsecretary · appointed 2015-03-31 · resigned 2019-07-29
WAKES, Angela→
Resignedsecretary · appointed 2019-10-04 · resigned 2023-06-20
A B & C SECRETARIAL LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-04-25 · resigned 2002-04-30
BALON, Nicholas Simon→
Resigneddirector · ~62y · appointed 2005-06-01 · resigned 2007-09-30
BEDFORD, David Michael→
Resigneddirector · ~58y · appointed 2022-11-14 · resigned 2023-08-21
BENTLEY, Philip Gareth, Dr→
Resigneddirector · ~53y · appointed 2007-10-31 · resigned 2017-03-17
BROOKSBANK, Robert James→
Resigneddirector · ~60y · appointed 2011-11-08 · resigned 2018-03-31
COOK, Eric→
Resigneddirector · ~71y · appointed 2011-11-08 · resigned 2015-03-31
HUDD, Alan Lionel, Dr→
Resigneddirector · ~72y · appointed 2002-04-30 · resigned 2007-09-30
HUTCHINSON, Eric George→
Resigneddirector · ~71y · appointed 2023-08-21 · resigned 2025-03-31
JOHNSON, Michael Graham→
Resigneddirector · ~67y · appointed 2002-09-23 · resigned 2008-12-31
KURWIE, Tiessir Shhab→
Resigneddirector · ~69y · appointed 2002-04-30 · resigned 2002-05-17
MALLEY, Christopher John→
Resigneddirector · ~59y · appointed 2005-11-02 · resigned 2019-12-31
OTTAWAY, Richard John→
Resigneddirector · ~55y · appointed 2015-03-31 · resigned 2019-07-29
THOMAS, David Stephen, Dr→
Resigneddirector · ~52y · appointed 2007-10-31 · resigned 2015-12-31
WESTGARTH, Lee George→
Resigneddirector · ~43y · appointed 2019-12-31 · resigned 2023-05-12
WILLIAMSON, Ian→
Resigneddirector · ~75y · appointed 2005-06-01 · resigned 2013-03-27
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
4
Outstanding
2
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Andrew Martin Fay, Dalriada Trustees and Pan Trustees UK as Trustees of the Carclo Group Pension Scheme Andrew Martin Fay, Dalriada Trustees Limited and Pan Trustees UK LLP as Trustees of the Carclo Group Pension Scheme | A registered charge | — | 24/04/2025 | — | |
| outstanding | Bz Commercial Finance Designated Activity Company | A registered charge | 1 property | 24/04/2025 | — | |
| outstanding | Bz Commercial Finance Designated Activity Company | A registered charge | 1 property | 24/04/2025 | — | |
| outstanding | Bz Commercial Finance Designated Activity Company | A registered charge | 1 property | 24/04/2025 | — | |
| satisfied | Oakfern Properties Oakfern Properties Limited | Rent deposit deed | 1 property | 20/04/2006 | 06/01/2018 | |
| satisfied | Oakfern Properties Oakfern Properties Limited | Rent deposit deed | 1 property | 20/04/2006 | 06/01/2018 | |
| satisfied | Carclo Carclo PLC | Debenture | 1 property | 23/03/2005 | 21/10/2015 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (153 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-06
accounts-with-accounts-type-dormant
accounts · AA
2025-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-25
appoint-person-director-company-with-name-date
officers · AP01
2025-04-04
termination-director-company-with-name-termination-date
officers · TM01
2025-04-02
accounts-with-accounts-type-full
accounts · AA
2025-01-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-06-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-29
accounts-with-accounts-type-full
accounts · AA
2023-10-24
termination-director-company-with-name-termination-date
officers · TM01
2023-08-22