A.J.AUTOMATIC MACHINE CO.LTD
Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
3 live charges · 2 lenders · oldest 8.2y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £726.7k | £621.3k |
| Current assets | £27.4k | £17.5k |
| Net assets | £317.2k | £292.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
Corporate timeline (33 events)Click to expand
- 2025-11-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-19📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-11-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-11-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-11-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-15📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2023-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-08-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-07-31🔒Charge registered #3Lender: National Westminster Bank PLC
- 2020-07-31🔒Charge registered #2Lender: National Westminster Bank PLC
- 2020-01-01➕FRANCOMBE, Sarah appointedsecretary
- 2020-01-01➖FRANCOMBE, Carol resignedsecretary
- 2020-01-01➖FRANCOMBE, Carol resigneddirector
- 2019-12-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-08🔒Charge registered #1Lender: Touchtunes UK LTD
- 2015-10-21➖FRANCOMBE, Keith James resigneddirector
- 2006-07-25➖PARKER, Alexander Ian resigneddirector
- 2006-04-01➕FRANCOMBE, Andrew James appointeddirector
- 2006-04-01➕PARKER, Alexander Ian appointeddirector
- 2003-02-21🏢Company incorporatedAs A.J.AUTOMATIC MACHINE CO.LTD
- 2003-02-21➕FRANCOMBE, Carol appointedsecretary
- 2003-02-21➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 2003-02-21➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
- 2003-02-21➕FRANCOMBE, Carol appointeddirector
- 2003-02-21➕FRANCOMBE, Keith James appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew James Francombe Individual · British · DOB 10/1980 · age 46 | — | — | sig. influencesignificant influence | 01/01/2020 |
1 historic (ceased) PSC
- Mrs Carol Francombeceased 01/01/2020· 25-50% shares · 25-50% voting
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.
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8 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 (2 active · 5 resigned)
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Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 31/07/2020 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 31/07/2020 | — | |
| outstanding | Touchtunes UK Touchtunes UK LTD | A registered charge | — | 08/03/2018 | — |