AJAX EQUIPMENT HOLDINGS LIMITED

🌳Matureactive

04712094 · ltd · incorporated 2003-03-26

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 Mar 2025

Net worth

£1.05M

book net assets

Opportunity

81/100

Exceptional

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What this business does

Primary activity: SIC 28990

Sector: Manufacturing

Investor take

Pursue

Asset-holding vehicle with a 98-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 98). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

8 officers (4 active, 8 linked, 6 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

4 connected companies via shared directors

Filing history

68 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

81/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £1,050,000

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£1.1m

~ YoY

Current Assets

—

Current Liabilities

—

Hover 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	£1.05M	£1.05M
Net assets	£1.05M	£1.05M

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (28 events)Click to expand

2026-01-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-01-02
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2019-01-02
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2018-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-12-10
➕
WATERS, Mark William appointed
secretary
2018-12-10
➖
BATES, Lyndon resigned
secretary
2017-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-12-02
➖
WATERS, William resigned
director
2017-04-13
📄
termination-director-company-with-name-termination-date
officers · TM01
2017-04-12
➖
CROWDER, John Robert resigned
director
2016-12-22
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-04-11
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2006-04-01
➕
MCGEE, Edward, Dr appointed
director
2005-03-31
➖
GILLIBRAND, Kevin Joseph resigned
director
2003-03-26
🏢
Company incorporated
As AJAX EQUIPMENT HOLDINGS LIMITED
2003-03-26
➕
BATES, Lyndon - appointed
director
2003-03-26
➕
WATERS, Mark William appointed
director
2003-03-26
➕
BATES, Lyndon appointed
secretary
2003-03-26
➕
CROWDER, John Robert appointed
director
2003-03-26
➕
GILLIBRAND, Kevin Joseph appointed
director
2003-03-26
➕
WATERS, William appointed
director

Owner dependency

75/100

High — earn-out structure required

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

FACTORS

+Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 98 — succession pressure is live.

Succession & seller-readiness

90/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 98 years old. Natural succession window is now.
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

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

Name	Shares	Voting rights	Nature of control	Notified
Mr Lyndon - Bates Individual · British · DOB 11/1928 · age 98	50–75%	—	50-75% shares · trust interest	10/03/2017
Mr Mark William Waters Individual · British · DOB 03/1965 · age 61	25–50%	—	25-50% shares	10/03/2017

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 · BL postcode area

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AGR BUILDING & FENCING CONTRACTORS LIMITED→ 03656076 · est 1998 · no financials extracted	—	—	—	—	27y	—	—
AIR2O COOLING LIMITED→ 08926383 · est 2014 · no financials extracted	—	—	—	—	12y	—	—
AIRSPACE LIGHTING LTD→ 16644048 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AKBARI KITCHENS AND BEDROOMS LIMITED→ 16813423 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ALENTEC ORION LIMITED→ 00231713 · est 1928 · no financials extracted	—	—	—	—	97y	—	—
ALERTIS LTD→ 04307806 · est 2001 · no financials extracted	—	—	—	—	24y	—	—
ALL IN ONE GARMENTS LTD→ 11090849 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
ALL SEASONS BOAT COVERS LTD→ 15952396 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ALL SEASONS BOAT CUSHIONS LTD→ 15952550 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ALL4TEC INDUSTRIAL SERVICES LIMITED→ 16581434 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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

Incorporated2003-03-26

Jurisdictionengland-wales

Primary SIC28990 — SIC 28990

Registered office

Milton Works

Mule Street

Bolton

Lancashire

BL2 2AR

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-09

Last: 2026-03-26

Officers (4 active · 4 resigned)

WATERS, Mark William→

secretary · appointed 2018-12-10

View their other companies + combined net worth →

Active

BATES, Lyndon -→

director · ~98y · appointed 2003-03-26

View their other companies + combined net worth →

Active

MCGEE, Edward, Dr→

director · ~63y · appointed 2006-04-01

View their other companies + combined net worth →

Active

WATERS, Mark William→

director · ~61y · appointed 2003-03-26

View their other companies + combined net worth →

Active

BATES, Lyndon→

secretary · appointed 2003-03-26 · resigned 2018-12-10

Resigned

CROWDER, John Robert→

director · ~74y · appointed 2003-03-26 · resigned 2017-04-12

Resigned

GILLIBRAND, Kevin Joseph→

director · ~86y · appointed 2003-03-26 · resigned 2005-03-31

Resigned

WATERS, William→

director · ~98y · appointed 2003-03-26 · resigned 2017-12-02

Resigned

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