AGELTEC LIMITED

🌳Matureactive
04581303 · ltd · incorporated 2002-11-05
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
year to Nov 2025
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: SIC 33140
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (69/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
68 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-11-30
Average employees200

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 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-03-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-03-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-11-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-11-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2022-11-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2022-11-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2022-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-11-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2021-11-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2021-11-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2021-11-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2021-11-08
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  15. 2021-02-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2020-08-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2019-08-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2006-08-26
    DRANE, Wendy Amanda appointed
    director
  19. 2002-11-05
    🏢
    Company incorporated
    As AGELTEC LIMITED
  20. 2002-11-05
    DRANE, David appointed
    secretary
  21. 2002-11-05
    DRANE, Michael appointed
    director
  22. 2002-11-05
    RWL REGISTRARS LIMITED appointed
    corporate-nominee-secretary
  23. 2002-11-05
    RWL REGISTRARS LIMITED resigned
    corporate-nominee-secretary

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Michael Drane
Individual · British · DOB 03/1971 · age 55
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Wendy Amanda Drane
Individual · British · DOB 10/1981 · age 45
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2002-11-05
Jurisdictionengland-wales
Primary SIC33140 — SIC 33140

Registered office

Suite 115 Greenway Business
Centre, Harlow Business Park
Harlow
Essex
CM19 5QE

Filing status

Accounts
Next due: 2027-08-31
Last made up to: 2025-11-30
Confirmation statement
Next due: 2026-11-17
Last: 2025-11-03

Officers (3 active · 1 resigned)

DRANE, David
secretary · appointed 2002-11-05
View their other companies + combined net worth →
Active
DRANE, Michael
director · ~55y · appointed 2002-11-05
View their other companies + combined net worth →
Active
DRANE, Wendy Amanda
director · ~45y · appointed 2006-08-26
View their other companies + combined net worth →
Active
RWL REGISTRARS LIMITED
corporate-nominee-secretary · appointed 2002-11-05 · resigned 2002-11-05
Resigned

Click a director name to see their full track record across all companies.

Recent filings (68 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-09
change-person-director-company-with-change-date
officers · CH01
2022-11-09
change-person-director-company-with-change-date
officers · CH01
2022-11-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-11-08