AGELTEC LIMITED
- · Thesis: well-run, low negotiation leverage
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2025-11-30 |
|---|---|
| Average employees | 200 |
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 accounts
Corporate timeline (23 events)Click to expand
- 2026-02-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-11-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-11-09📄change-person-director-company-with-change-dateofficers · CH01
- 2022-11-09📄change-person-director-company-with-change-dateofficers · CH01
- 2022-04-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-11-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-11-08📄change-person-director-company-with-change-dateofficers · CH01
- 2021-11-08📄change-person-director-company-with-change-dateofficers · CH01
- 2021-11-08📄change-person-secretary-company-with-change-dateofficers · CH03
- 2021-02-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-08-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2006-08-26➕DRANE, Wendy Amanda appointeddirector
- 2002-11-05🏢Company incorporatedAs AGELTEC LIMITED
- 2002-11-05➕DRANE, David appointedsecretary
- 2002-11-05➕DRANE, Michael appointeddirector
- 2002-11-05➕RWL REGISTRARS LIMITED appointedcorporate-nominee-secretary
- 2002-11-05➖RWL REGISTRARS LIMITED resignedcorporate-nominee-secretary
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +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
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Michael Drane Individual · British · DOB 03/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Wendy Amanda Drane Individual · British · DOB 10/1981 · age 45 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 (3 active · 1 resigned)
Click a director name to see their full track record across all companies.