DAVREN ENGINEERING SOLUTIONS LIMITED
🌳Matureactive
04688316 · ltd · incorporated 2003-03-06
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 19.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£41.5k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
PursueActive trading company with a 71-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 19.8y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 19.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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
4 charges (4/4 with lender, 4/4 with type)
90
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
1 connected companies via shared directors
48
Filing history
64 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 · FRS 105 (micro)Positive net assets
Net assets £41,516
Net assets shrinking
Down £930 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£42k
↓ 2.2% YoY
Current Assets
£14k
↓ 48% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £41.5k | £42.4k |
| Current assets | £13.7k | £26.6k |
| Net assets | £41.5k | £42.4k |
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 (27 events)Click to expand
- 2025-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-12-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-12-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-12-07🔓Charge satisfied #1
- 2017-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-12-21📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-07-28📄change-person-director-company-with-change-dateofficers · CH01
- 2016-07-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-04-29📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-11-21🔓Charge satisfied #2
- 2009-08-18🔒Charge registered #4Lender: Svenska Handelsbanken Ab (Publ)
- 2009-08-18🔒Charge registered #3Lender: Svenska Handelsbanken Ab (Publ)
- 2007-09-14🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2006-10-12🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2003-03-06🏢Company incorporatedAs DAVREN ENGINEERING SOLUTIONS LIMITED
- 2003-03-06➕WHEELTON, Rennie Stephen appointedsecretary
- 2003-03-06➕PASCOE, David Colin appointeddirector
- 2003-03-06➕WHEELTON, Rennie Stephen appointeddirector
- 2003-03-06➕THOMAS, Howard appointednominee-secretary
- 2003-03-06➖THOMAS, Howard resignednominee-secretary
Owner dependency
83/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
96/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 23 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
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Colin Pascoe Individual · British · DOB 11/1959 · age 67 | — | 25–50% | 25-50% voting | 06/04/2016 |
Mr Rennie Stephen Wheelton Individual · British · DOB 10/1955 · age 71 | — | 25–50% | 25-50% 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 · DN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CM BLADE TECH LTD→ 11167881 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| CREWBOX LTD→ 13788713 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CUSTOM PREFABRICATING LTD→ 17019738 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CYCENE LIMITED→ 07569091 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| D & K ENGINEERING SOLUTIONS LIMITED→ 09955034 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| D & K INTERNATIONAL LIMITED→ 03075569 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| D.J.M. SITE INSTALLATIONS LTD.→ 09470567 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| DANUM WELL SERVICES LIMITED→ 03788445 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| DEFINED BESPOKE INTERIORS LIMITED→ 16777603 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DELUXE DETAILING AND VALETING LTD→ 16229875 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| DEMIRCIOGLU DESIGN LTD→ 13131358 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| DENNIS WHITWORTH LTD→ 04778937 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
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
Incorporated2003-03-06
Jurisdictionengland-wales
Primary SIC25990 — SIC 25990
Registered office
Mulberry Lodge Station Road
North Thoresby
Grimsby
DN36 5QS
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-20
Last: 2026-03-06
Officers (3 active · 1 resigned)
WHEELTON, Rennie Stephen→
Activesecretary · appointed 2003-03-06
View their other companies + combined net worth →
PASCOE, David Colin→
Activedirector · ~67y · appointed 2003-03-06
View their other companies + combined net worth →
WHEELTON, Rennie Stephen→
Activedirector · ~71y · appointed 2003-03-06
View their other companies + combined net worth →
THOMAS, Howard→
Resignednominee-secretary · appointed 2003-03-06 · resigned 2003-03-06
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Svenska Handelsbanken Ab (Publ) | Legal charge | 1 property | 18/08/2009 | — | |
| outstanding | Svenska Handelsbanken Ab (Publ) | Legal charge | 1 property | 18/08/2009 | — | |
| satisfied | Virgin Money Clydesdale Bank PLC | Legal mortgage | 1 property | 14/09/2007 | 21/11/2009 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Debenture | 1 property | 12/10/2006 | 07/12/2017 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (64 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-17
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-01-29
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-24
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-06