ADS LASER CUTTING LTD

🌳Matureactive
05355057 · ltd · incorporated 2005-02-07
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
74/100
Strong
🔔
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What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 74/100 (strong), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

7 live charges · 5 lenders · oldest 18.1y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 18.1 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (57/100)

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
No iXBRL financials extracted
0
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
7 officers (6 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
100 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 accounts
Last 180 days
4
filings
  • 2 persons-with-significant-control
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2026-05-20
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2026-02-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2026-02-09
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  4. 2025-11-05
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  5. 2025-11-05
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2025-11-04
    KEATES, Coral Orchid May appointed
    secretary
  7. 2025-11-04
    KEATES, Duncan Rupert resigned
    secretary
  8. 2025-09-04
    KEATES, Zeke Conor appointed
    director
  9. 2025-09-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2025-05-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2024-10-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2024-10-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2024-10-01
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  14. 2024-10-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2024-09-18
    📄
    memorandum-articles
    incorporation · MA
  16. 2024-09-18
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2024-09-17
    📄
    capital-name-of-class-of-shares
    capital · SH08
  18. 2024-05-17
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2023-07-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2022-08-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2022-03-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2022-03-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  23. 2022-03-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  24. 2022-03-04
    🔓
    Charge satisfied #5
  25. 2022-03-04
    🔓
    Charge satisfied #4
  26. 2022-03-04
    🔓
    Charge satisfied #3
  27. 2020-10-30
    🔒
    Charge registered #7
    Lender: Hsbc UK Bank PLC
  28. 2020-10-30
    🔒
    Charge registered #6
    Lender: Hsbc UK Bank PLC
  29. 2019-08-28
    KEATES, Angela Natasha appointed
    director
  30. 2019-08-28
    KEATES, Samantha Louise appointed
    director
  31. 2013-04-24
    🔓
    Charge satisfied #1
  32. 2013-01-25
    🔒
    Charge registered #5
    Lender: Hsbc Bank PLC
  33. 2012-12-27
    🔒
    Charge registered #4
    Lender: Hsbc Asset Finance (UK) LTD and Hsbc Equipment Finance (UK) LTD
  34. 2012-11-30
    🔒
    Charge registered #3
    Lender: Hsbc Invoice Finance (UK) LTD ("the Security Holder")
  35. 2012-11-30
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  36. 2011-04-10
    KEATES, Duncan Rupert appointed
    director
  37. 2008-05-08
    🔒
    Charge registered #1
    Lender: Close Invoice Finance Limited
  38. 2005-02-07
    🏢
    Company incorporated
    As ADS LASER CUTTING LTD
  39. 2005-02-07
    KEATES, Stephen Bruce appointed
    director
  40. 2005-02-07
    KEATES, Duncan Rupert appointed
    secretary

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Keates Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Keates Group Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
ADS LASER CUTTING LTD
This company · 05355057

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%
NameSharesVoting rightsNature of controlNotified
Keates Group Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control22/01/2026

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 →

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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
Incorporated2005-02-07
Jurisdictionengland-wales
Primary SIC25990 — SIC 25990

Registered office

Fox's Site Sunningdale Road
Braunstone Frith Industrial Estate
Leicester
Leicestershire
LE3 1UE
England

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-02-28
Last: 2026-02-14

Officers (6 active · 1 resigned)

KEATES, Coral Orchid May
secretary · appointed 2025-11-04
View their other companies + combined net worth →
Active
KEATES, Angela Natasha
director · ~55y · appointed 2019-08-28
View their other companies + combined net worth →
Active
KEATES, Duncan Rupert
director · ~55y · appointed 2011-04-10
View their other companies + combined net worth →
Active
KEATES, Samantha Louise
director · ~54y · appointed 2019-08-28
View their other companies + combined net worth →
Active
KEATES, Stephen Bruce
director · ~51y · appointed 2005-02-07
View their other companies + combined net worth →
Active
KEATES, Zeke Conor
director · ~31y · appointed 2025-09-04
View their other companies + combined net worth →
Active
KEATES, Duncan Rupert
secretary · appointed 2005-02-07 · resigned 2025-11-04
Resigned

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

Mortgages & charges

7
Total charges
3
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property30/10/2020
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property30/10/2020
satisfied
HSBC
Hsbc Bank PLC
Legal assignment1 property25/01/201304/03/2022
satisfied
HSBC
Hsbc Asset Finance (UK) LTD and Hsbc Equipment Finance (UK) LTD
Assignment1 property27/12/201204/03/2022
satisfied
HSBC
Hsbc Invoice Finance (UK) LTD ("the Security Holder")
Fixed charge on non-vesting debts and floating charge1 property30/11/201204/03/2022
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property30/11/2012
satisfied
Close Invoice Finance
Close Invoice Finance Limited
Debenture1 property08/05/200824/04/2013
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (100 total)

accounts-with-accounts-type-full
accounts · AA
2026-05-20
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-02-09
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2026-02-09
appoint-person-secretary-company-with-name-date
officers · AP03
2025-11-05
termination-secretary-company-with-name-termination-date
officers · TM02
2025-11-05
appoint-person-director-company-with-name-date
officers · AP01
2025-09-04
accounts-with-accounts-type-full
accounts · AA
2025-05-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-26
change-person-director-company-with-change-date
officers · CH01
2024-10-01
change-person-director-company-with-change-date
officers · CH01
2024-10-01
change-person-secretary-company-with-change-date
officers · CH03
2024-10-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-01
memorandum-articles
incorporation · MA
2024-09-18
resolution
resolution · RESOLUTIONS
2024-09-18