CERAMEX LTD
🌳Matureactive
05202141 · ltd · incorporated 2004-08-10
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
—
not disclosed
Net worth
—
book net assets
Opportunity
66/100
Strong
What this business does
Primary activity: SIC 33170
Sector: Manufacturing
ALSO REGISTERED FOR
- 45200SIC 45200
- 77390Renting and leasing of other machinery, equipment and tangible goods n.e.c.
- 77400Leasing of intellectual property and similar products, except copyright works
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 66/100 (strong), bankability 67/100. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (50/100).
🏦
Refinance opportunity
7 live charges · 3 lenders · oldest 13.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 13.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 38/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (59/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 4 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
17 officers (3 active, 17 linked, 11 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
116 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (67 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-fullaccounts · AA
- 2025-11-14📄legacyaccounts · PARENT_ACC
- 2025-07-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-02➖MILLES, Barnaby Arthur Jennings resigneddirector
- 2025-06-25📄legacyother · GUARANTEE2
- 2024-12-18📄legacycapital · SH20
- 2024-12-18📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2024-12-18⚠️legacyinsolvency · CAP-SS
- 2024-12-18📄resolutionresolution · RESOLUTIONS
- 2024-11-26📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-11-21➕SAIB, Ravinder Henry appointedsecretary
- 2024-11-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-06📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-10-31➖DAMANI, Saeeda Banu resignedsecretary
- 2024-10-31➖DAMANI, Saeeda Banu resigneddirector
- 2024-10-07➕GRIFFITH, Jonathan David appointeddirector
- 2024-10-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-08-25📄accounts-with-accounts-type-fullaccounts · AA
- 2024-08-24📄memorandum-articlesincorporation · MA
- 2024-08-20📄resolutionresolution · RESOLUTIONS
- 2024-08-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-05🔒Charge registered #7Lender: Kroll Trustee Services Limited as Security Agent for the Secured Parties
- 2024-07-17📄statement-of-companys-objectschange-of-constitution · CC04
- 2024-07-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-17📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-17🔓Charge satisfied #5
- 2024-07-17🔓Charge satisfied #4
- 2024-07-17🔓Charge satisfied #3
- 2024-07-17🔓Charge satisfied #2
- 2024-07-17🔓Charge satisfied #1
- 2024-07-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-05🔒Charge registered #6Lender: Lloyds Bank PLC
- 2024-01-01➕LYONS, Alan Gary appointeddirector
- 2023-12-31➖MEAKIN, Andrew Joseph resigneddirector
- 2022-02-04➖LEWIS, Colin Andrew, Dr resigneddirector
- 2020-01-27➕DAMANI, Saeeda Banu appointedsecretary
- 2020-01-27➖HODGSON, David John resignedsecretary
- 2019-09-16➕DAMANI, Saeeda Banu appointeddirector
- 2019-09-16➕MILLES, Barnaby Arthur Jennings appointeddirector
- 2019-05-22🔒Charge registered #5Lender: Lloyds Bank PLC
- 2019-02-22🔒Charge registered #4Lender: Lloyds Bank PLC
- 2018-12-31➖MILLES, William David resigneddirector
- 2018-08-16➖RULE, Robert Joseph, Dr resigneddirector
- 2018-06-15🔒Charge registered #3Lender: Lloyds Bank PLC
- 2018-06-13🔒Charge registered #2Lender: Lloyds Bank PLC
- 2017-01-16➕LEWIS, Colin Andrew, Dr appointeddirector
- 2014-07-01➖MILLES, David Herbert resigneddirector
Showing most recent 50 of 67 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high · 1 med ·1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2024-12-18: legacy
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Hexadex Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Hexadex Ltd
Corporate parent · holds 75-100% shares
⬇
CERAMEX LTD
This company · 05202141
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Hexadex Ltd Corporate entity | 75–100% | — | 75-100% shares | 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
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|---|---|---|---|---|---|---|---|
| C L FLINT LTD→ 16111229 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CALEDONIANTIMBERSOLUTION LTD→ 17091168 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CARL PARKER STEEL SOLUTIONS LTD→ 16852986 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CARVER ENGINEERING ACCESS & SAFETY SOLUTIONS LIMITED→ 08803756 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| CATHY SUTHERLAND JEWELLERY LTD→ 16369444 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CENTRAL DOORS LIMITED→ 10502053 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CENTRAL RECYCLING YORKSHIRE LTD→ 11163628 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| CENTRE LINE MACHINING LIMITED→ 06678657 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| CENTREPOINT KITCHENS LTD→ 15608047 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| CENTURY FRAMES LIMITED→ 06079491 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| CERBERUS FABRICATION LTD→ 16522107 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CERTEX LIFTING LIMITED→ 05304747 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated2004-08-10
Jurisdictionengland-wales
Primary SIC33170 — SIC 33170
Registered office
The Old Court House
24 Market Street
Gainsborough
Lincolnshire
DN21 2BE
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-24
Last: 2025-08-10
Officers (3 active · 14 resigned)
SAIB, Ravinder Henry→
Activesecretary · appointed 2024-11-21
View their other companies + combined net worth →
GRIFFITH, Jonathan David→
Activedirector · ~45y · appointed 2024-10-07
View their other companies + combined net worth →
LYONS, Alan Gary→
Activedirector · ~55y · appointed 2024-01-01
View their other companies + combined net worth →
DAMANI, Saeeda Banu→
Resignedsecretary · appointed 2020-01-27 · resigned 2024-10-31
GALEY, Michael Henry→
Resignedsecretary · appointed 2004-09-15 · resigned 2009-09-01
HODGSON, David John→
Resignedsecretary · appointed 2009-09-01 · resigned 2020-01-27
EVERSECRETARY LIMITED→
Resignedcorporate-nominee-secretary · appointed 2004-08-10 · resigned 2004-09-15
COLE, Alan Jack→
Resigneddirector · ~84y · appointed 2004-09-15 · resigned 2010-11-16
DAMANI, Saeeda Banu→
Resigneddirector · ~45y · appointed 2019-09-16 · resigned 2024-10-31
GOODIER, Philip James→
Resigneddirector · ~60y · appointed 2010-11-16 · resigned 2011-09-08
LEWIS, Colin Andrew, Dr→
Resigneddirector · ~69y · appointed 2017-01-16 · resigned 2022-02-04
MEAKIN, Andrew Joseph→
Resigneddirector · ~60y · appointed 2011-10-05 · resigned 2023-12-31
MILLES, Barnaby Arthur Jennings→
Resigneddirector · ~51y · appointed 2019-09-16 · resigned 2025-07-02
MILLES, David Herbert→
Resigneddirector · ~84y · appointed 2004-09-15 · resigned 2014-07-01
MILLES, William David→
Resigneddirector · ~56y · appointed 2014-07-01 · resigned 2018-12-31
RULE, Robert Joseph, Dr→
Resigneddirector · ~62y · appointed 2010-11-16 · resigned 2018-08-16
EVERDIRECTOR LIMITED→
Resignedcorporate-nominee-director · appointed 2004-08-10 · resigned 2004-09-15
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
2
Outstanding
2
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Kroll Trustee Services as Security Agent for the Secured Parties Kroll Trustee Services Limited as Security Agent for the Secured Parties | A registered charge | 1 property | 05/08/2024 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 05/07/2024 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 22/05/2019 | 17/07/2024 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 22/02/2019 | 17/07/2024 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 15/06/2018 | 17/07/2024 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 13/06/2018 | 17/07/2024 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | An omnibus set-off agreement | 1 property | 25/09/2012 | 17/07/2024 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (116 total)
accounts-with-accounts-type-full
accounts · AA
2025-12-18
legacy
accounts · PARENT_ACC
2025-11-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-07
termination-director-company-with-name-termination-date
officers · TM01
2025-07-04
legacy
other · GUARANTEE2
2025-06-25
legacy
capital · SH20
2024-12-18
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-12-18
legacy
insolvency · CAP-SS
2024-12-18
resolution
resolution · RESOLUTIONS
2024-12-18
appoint-person-secretary-company-with-name-date
officers · AP03
2024-11-26
termination-director-company-with-name-termination-date
officers · TM01
2024-11-06
termination-secretary-company-with-name-termination-date
officers · TM02
2024-11-06
appoint-person-director-company-with-name-date
officers · AP01
2024-10-07
accounts-with-accounts-type-full
accounts · AA
2024-08-25
memorandum-articles
incorporation · MA
2024-08-24