ADVANCE AUTOMATED SYSTEMS LIMITED

🌳Matureactive
04905449 · ltd · incorporated 2003-09-19
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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 11.4y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Sept 2025
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 28290
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 11.4y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 11.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

3 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Sept 2023Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-292024-09-292023-09-29
Average employees4644002800

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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-12-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-12-16
    HACKETT, Cody appointed
    director
  4. 2025-06-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-06-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2024-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-06-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2024-05-20
    📄
    capital-return-purchase-own-shares
    capital · SH03
  10. 2024-04-27
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2024-04-24
    📄
    capital-cancellation-shares
    capital · SH06
  12. 2024-04-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2024-04-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2023-10-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2023-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2022-12-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2022-12-02
    JEAVONS, Zak resigned
    director
  18. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2021-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2020-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2015-02-17
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  22. 2010-08-31
    SLACK, Iain William resigned
    secretary
  23. 2010-08-31
    SLACK, Iain William resigned
    director
  24. 2003-10-30
    SLACK, Iain William appointed
    director
  25. 2003-09-19
    🏢
    Company incorporated
    As ADVANCE AUTOMATED SYSTEMS LIMITED
  26. 2003-09-19
    ROBERTS, Bryn William appointed
    director
  27. 2003-09-19
    SLACK, Iain William appointed
    secretary
  28. 2003-09-19
    JEAVONS, Zak appointed
    director

Owner dependency

68/100
High — earn-out structure required

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

FACTORS
  • +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.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • 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.
  • 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
NameSharesVoting rightsNature of controlNotified
Mrs Michelle Roberts
Individual · British · DOB 07/1966 · age 60
2550%
25–50%board control25-50% shares · 25-50% voting · board control20/05/2024
Mr Bryn William Roberts
Individual · British · DOB 03/1969 · age 57
2550%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence06/04/2016
1 historic (ceased) PSC
  • Mr Zak Jeavonsceased 19/04/2024· 25-50% shares · 25-50% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2003-09-19
Jurisdictionengland-wales
Primary SIC28290 — SIC 28290

Registered office

1 Angels Close
Aycliffe Business Park
Newton Aycliffe
County Durham
DL5 6BG

Filing status

Accounts
Next due: 2027-06-29
Last made up to: 2025-09-29
Confirmation statement
Next due: 2027-07-03
Last: 2026-06-19

Officers (2 active · 3 resigned)

HACKETT, Cody
director · ~33y · appointed 2025-12-16
View their other companies + combined net worth →
Active
ROBERTS, Bryn William
director · ~57y · appointed 2003-09-19
View their other companies + combined net worth →
Active
SLACK, Iain William
secretary · appointed 2003-09-19 · resigned 2010-08-31
Resigned
JEAVONS, Zak
director · ~54y · appointed 2003-09-19 · resigned 2022-12-02
Resigned
SLACK, Iain William
director · ~63y · appointed 2003-10-30 · resigned 2010-08-31
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
A registered charge17/02/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (70 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-07-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-29
appoint-person-director-company-with-name-date
officers · AP01
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-06-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-06-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-16
capital-return-purchase-own-shares
capital · SH03
2024-05-20
resolution
resolution · RESOLUTIONS
2024-04-27
capital-cancellation-shares
capital · SH06
2024-04-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-23