ATEX INSPECTIONS LIMITED
🌳Matureactive
04894223 · ltd · incorporated 2003-09-10
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 Sept 2025
Net worth
£632.9k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 33140
Sector: Manufacturing
ALSO REGISTERED FOR
- 71129Other engineering activities
Investor take
PursueAsset-holding vehicle with a 69-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
8 officers (2 active, 8 linked, 3 with DOB)
78
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £632,857
Cash YoY
+100%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£476k
↑ 100% YoY
Net Worth
£633k
↑ 29% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Total assets | — | £489.7k |
| Current assets | — | £820.8k |
| Cash | £476.1k | £238.5k |
| Debtors | — | £582.3k |
| Net assets | £632.9k | £489.7k |
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
1
filing
- • 1 accounts
Last 180 days
7
filings
- • 3 capital
- • 1 accounts
- • 1 change-of-constitution
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2026-04-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-02-24📄capital-name-of-class-of-sharescapital · SH08
- 2026-02-24📄statement-of-companys-objectschange-of-constitution · CC04
- 2026-02-23📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2026-02-23📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2026-02-23📄resolutionresolution · RESOLUTIONS
- 2026-02-23📄memorandum-articlesincorporation · MA
- 2025-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-09📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-06-08➖WHITEHEAD, Raymond Dennis resignedsecretary
- 2024-09-19➖WHITEHEAD, Raymond Dennis resigneddirector
- 2024-09-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-21📄change-person-director-company-with-change-dateofficers · CH01
- 2022-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-07-08➕THOMPSON, Dayne Kurt appointeddirector
- 2004-03-20➕COWIE, Raymond appointeddirector
- 2004-03-20➖THOMPSON, William Leslie resignedsecretary
- 2004-03-20➕WHITEHEAD, Raymond Dennis appointedsecretary
- 2004-03-20➕WHITEHEAD, Raymond Dennis appointeddirector
- 2004-03-20➖ARBEIA BUSINESS CENTRE LIMITED resignedcorporate-director
- 2003-09-10🏢Company incorporatedAs ATEX INSPECTIONS LIMITED
- 2003-09-10➕KELLY, Sean Stephen, Mr. appointednominee-secretary
- 2003-09-10➖KELLY, Sean Stephen, Mr. resignednominee-secretary
- 2003-09-10➕THOMPSON, William Leslie appointedsecretary
- 2003-09-10➕ARBEIA BUSINESS CENTRE LIMITED appointedcorporate-director
- 2003-09-10➕CORPORATE LEGAL LTD appointedcorporate-nominee-director
- 2003-09-10➖CORPORATE LEGAL LTD resignedcorporate-nominee-director
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 22 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
86/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 22 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
cleanNo 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 Dayne Kurt Thompson Individual · British · DOB 07/1987 · age 39 | 25–50% | — | 25-50% shares | 14/09/2017 |
Mr Raymond Cowie Individual · British · DOB 02/1957 · age 69 | 25–50% | — | 25-50% shares | 06/04/2016 |
1 historic (ceased) PSC
- Mr Raymond Dennis Whiteheadceased 26/04/2024· 25-50% shares
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 · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AJS TRADE INTERIORS LTD→ 16432416 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANGELMOON ENTERPRISES LIMITED→ 05328234 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| ARLES LTD→ 16381910 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ARM FABRICATIONS LTD→ 16808535 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARM-SKI ENGINEERING LTD→ 16481142 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARTLUXDECO LTD→ 16168470 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ATHENAEUM PRESS LIMITED→ 02026987 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| ATHLÉ LTD→ 16523367 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ATLANTIC FORK LIFTS LIMITED→ 03594501 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| ATLAS LIFTING & RIGGING UK LIMITED→ 16780320 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ATOMIC PRECISION ENGINEERING LTD→ 13793273 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ATOMIC WORKHOLDING LTD→ 14715217 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2003-09-10
Jurisdictionengland-wales
Primary SIC33140 — SIC 33140
Registered office
Companies-On-Tyne South Shields Business Works
Henry Robson Way
South Shields
Tyne And Wear
NE33 1RF
England
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-09-24
Last: 2025-09-10
Officers (2 active · 6 resigned)
COWIE, Raymond→
Activedirector · ~69y · appointed 2004-03-20
View their other companies + combined net worth →
THOMPSON, Dayne Kurt→
Activedirector · ~39y · appointed 2017-07-08
View their other companies + combined net worth →
KELLY, Sean Stephen, Mr.→
Resignednominee-secretary · appointed 2003-09-10 · resigned 2003-09-10
THOMPSON, William Leslie→
Resignedsecretary · appointed 2003-09-10 · resigned 2004-03-20
WHITEHEAD, Raymond Dennis→
Resignedsecretary · appointed 2004-03-20 · resigned 2025-06-08
WHITEHEAD, Raymond Dennis→
Resigneddirector · ~77y · appointed 2004-03-20 · resigned 2024-09-19
ARBEIA BUSINESS CENTRE LIMITED→
Resignedcorporate-director · appointed 2003-09-10 · resigned 2004-03-20
CORPORATE LEGAL LTD→
Resignedcorporate-nominee-director · appointed 2003-09-10 · resigned 2003-09-10
Click a director name to see their full track record across all companies.
Recent filings (70 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-23
capital-name-of-class-of-shares
capital · SH08
2026-02-24
statement-of-companys-objects
change-of-constitution · CC04
2026-02-24
capital-variation-of-rights-attached-to-shares
capital · SH10
2026-02-23
capital-variation-of-rights-attached-to-shares
capital · SH10
2026-02-23
resolution
resolution · RESOLUTIONS
2026-02-23
memorandum-articles
incorporation · MA
2026-02-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-19
termination-secretary-company-with-name-termination-date
officers · TM02
2025-06-09
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-19
termination-director-company-with-name-termination-date
officers · TM01
2024-09-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-26