ETEX HOLDING UK INSULATION LIMITED
🌳Matureactive
05423253 · ltd · incorporated 2005-04-13
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
73/100
Strong
What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 77/100. Strong seller-intent signal (65/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
8 live charges · 6 lenders · oldest 20.8y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 20.8 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 38/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (58/100)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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
33 officers (2 active, 33 linked, 26 with DOB)
86
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
236 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
61
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
0
filings
Counts from Companies House filing history.
Corporate timeline (102 events)Click to expand
- 2025-11-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-03📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-11-01➕TOLSON, John Kevin appointeddirector
- 2025-11-01➖MCLEAN, Theresa Mary resignedsecretary
- 2025-11-01➖MCLEAN, Theresa Mary resigneddirector
- 2025-10-02📄accounts-with-accounts-type-fullaccounts · AA
- 2024-12-18✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2024-10-04📄accounts-with-accounts-type-fullaccounts · AA
- 2024-04-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-22➕SKOREK, Wojciech Bartosz appointeddirector
- 2024-04-22➖DE VOGÜÉ, Melchior Marie Hervé resigneddirector
- 2024-04-22➖FRIEDRICHS, Jochen resigneddirector
- 2024-04-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-10-06📄accounts-with-accounts-type-groupaccounts · AA
- 2023-06-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-06-28📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2023-06-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-06-26🔓Charge satisfied #8
- 2023-06-23📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2023-06-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-23📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-21➖ATHERTON, Mark Richard resigneddirector
- 2023-06-21➕DE VOGÜÉ, Melchior Marie Hervé appointeddirector
- 2023-06-21➕FRIEDRICHS, Jochen appointeddirector
- 2023-06-21➖MUNRO, Kenneth George resigneddirector
- 2022-03-18➖GORYACHEV, Maxim resigneddirector
- 2017-04-26➕ATHERTON, Mark Richard appointeddirector
- 2017-04-26➕GORYACHEV, Maxim appointeddirector
- 2016-11-23🔒Charge registered #8Lender: Inflection Management Corporation Limited
- 2016-09-29➖CUBITT, Mark resigneddirector
- 2016-09-27🔓Charge satisfied #7
- 2016-08-31➖HOLMSTROM, Jan Gustaf Lennart resigneddirector
- 2016-07-01➕MCLEAN, Theresa Mary appointedsecretary
- 2016-06-30➖LEA, Christopher Paul resignedsecretary
- 2016-06-30➖LEA, Christopher Paul resigneddirector
- 2016-06-01➕MCLEAN, Theresa Mary appointeddirector
- 2016-02-01➕HOLMSTROM, Jan Gustaf Lennart appointeddirector
- 2015-06-19➖COLLEY, John Graham resigneddirector
- 2015-06-15➖MCLEOD, Alexander John resigneddirector
- 2015-06-12➕MUNRO, Kenneth George appointeddirector
- 2015-05-18➕CUBITT, Mark appointeddirector
- 2015-04-30➖GRAY, David Mclaren resigneddirector
- 2015-01-12➖RUTEGARD, Lars John resigneddirector
Showing most recent 50 of 102 events
Owner dependency
66/100
High — earn-out structure requiredMaterial 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.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
3 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: MCLEAN, Theresa Mary resigned 2025-11-01; MCLEAN, Theresa Mary resigned 2025-11-01
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Name changed recently
mediumName changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2024-12-18: certificate-change-of-name-company
Group structure
Etex is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Etex
Corporate parent · holds 75-100% shares · board control
⬇
ETEX HOLDING UK INSULATION LIMITED
This company · 05423253
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 |
|---|---|---|---|---|
Etex Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 21/06/2023 |
2 historic (ceased) PSCs
- Mr Sergey Kolesnikovceased 21/06/2023· 75-100% shares · 75-100% voting · board control
- Inflection Management Corporation Limitedceased 31/08/2016· 75-100% 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 · Professional services · BS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A F ACCOUNTING LIMITED→ 10560971 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| A-GAS (ORB) LIMITED→ 07488989 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| A-GAS INVESTMENTS LIMITED→ 06004328 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ADP FINANCE AND ADVISORY SERVICES LIMITED→ 13005277 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ADRIAN WHEALE CONSULTANCY LTD→ 13811778 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADT ACCOUNTANTS AND TAXATION ADVISORS LTD→ 08429498 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ADTOPS SOLUTION LTD→ 14395814 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADVANCE BIDCO LIMITED→ 09555514 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ADVANCE TOPCO LIMITED→ 09555348 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ADVANCED MECHANICAL SYSTEMS LTD→ 09208710 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ADVENTURE AWAITS YOU (BRISTOL) LTD→ 13545376 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADVENTUS LTD.→ 04069694 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
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
Incorporated2005-04-13
Jurisdictionengland-wales
Primary SIC70100 — Activities of head offices
Registered office
Gordano House Marsh Ln
Easton-In-Gordano
Bristol
Avon
BS20 0NE
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-21
Last: 2025-06-07
Officers (2 active · 31 resigned)
SKOREK, Wojciech Bartosz→
Activedirector · ~48y · appointed 2024-04-22
View their other companies + combined net worth →
TOLSON, John Kevin→
Activedirector · ~58y · appointed 2025-11-01
View their other companies + combined net worth →
CLOW, Allan James→
Resignedsecretary · appointed 2012-08-28 · resigned 2013-11-29
KIRKBRIGHT, Anthony→
Resignedsecretary · appointed 2005-08-16 · resigned 2012-02-20
LEA, Christopher Paul→
Resignedsecretary · appointed 2013-12-02 · resigned 2016-06-30
MCLEAN, Theresa Mary→
Resignedsecretary · appointed 2016-07-01 · resigned 2025-11-01
MCLEOD, Alexander John→
Resignedsecretary · appointed 2012-02-20 · resigned 2012-08-28
CRESCENT HILL LIMITED→
Resignedcorporate-nominee-secretary · appointed 2005-04-13 · resigned 2005-08-16
ATHERTON, Mark Richard→
Resigneddirector · ~64y · appointed 2017-04-26 · resigned 2023-06-21
BEARD, Michael Gareth→
Resigneddirector · ~69y · appointed 2005-08-16 · resigned 2007-05-28
BILLINGTON, Declan George→
Resigneddirector · ~61y · appointed 2013-09-25 · resigned 2014-07-31
CLOW, Allan James→
Resigneddirector · ~57y · appointed 2012-08-28 · resigned 2013-11-29
COLLEY, John Graham→
Resigneddirector · ~72y · appointed 2012-03-12 · resigned 2015-06-19
CUBITT, Mark→
Resigneddirector · ~63y · appointed 2015-05-18 · resigned 2016-09-29
DE VOGÜÉ, Melchior Marie Hervé→
Resigneddirector · ~64y · appointed 2023-06-21 · resigned 2024-04-22
FRIEDRICHS, Jochen→
Resigneddirector · ~55y · appointed 2023-06-21 · resigned 2024-04-22
GORYACHEV, Maxim→
Resigneddirector · ~55y · appointed 2017-04-26 · resigned 2022-03-18
GRAY, David Mclaren→
Resigneddirector · ~75y · appointed 2009-07-20 · resigned 2015-04-30
HOLMSTROM, Jan Gustaf Lennart→
Resigneddirector · ~73y · appointed 2016-02-01 · resigned 2016-08-31
HUBBARD, Howard Austin→
Resigneddirector · ~71y · appointed 2005-08-16 · resigned 2006-12-22
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
0
Outstanding
0
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Inflection Management Corporation Inflection Management Corporation Limited | A registered charge | — | 23/11/2016 | 26/06/2023 | |
| satisfied | Close Brothers Close Brothers LTD | A registered charge | — | 10/11/2014 | 27/09/2016 | |
| satisfied | Virgin Money Clydesdale Bank PLC (Trading as Clydesdale Bank & Yorkshire Bank) (the Bank) | Deed of assignment | 1 property | 21/11/2012 | 28/11/2014 | |
| satisfied | Virgin Money Clydesdale Bank PLC (Trading as Clydesdale Bank & Yorkshire Bank) | Deed of assignment | 1 property | 05/04/2012 | 28/11/2014 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Debenture | 1 property | 07/11/2011 | 28/11/2014 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Assignment | 1 property | 04/08/2006 | 28/11/2014 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Debenture | 1 property | 16/08/2005 | 28/11/2014 | |
| satisfied | Investec Bank (UK) Investec Bank (UK) Limited | Debenture | 1 property | 16/08/2005 | 10/11/2010 |
Recent filings (236 total)
appoint-person-director-company-with-name-date
officers · AP01
2025-11-03
termination-director-company-with-name-termination-date
officers · TM01
2025-11-03
termination-secretary-company-with-name-termination-date
officers · TM02
2025-11-03
accounts-with-accounts-type-full
accounts · AA
2025-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-11
certificate-change-of-name-company
change-of-name · CERTNM
2024-12-18
accounts-with-accounts-type-full
accounts · AA
2024-10-04
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-26
appoint-person-director-company-with-name-date
officers · AP01
2024-04-23
termination-director-company-with-name-termination-date
officers · TM01
2024-04-22
termination-director-company-with-name-termination-date
officers · TM01
2024-04-22
accounts-with-accounts-type-group
accounts · AA
2023-10-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-06-29
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2023-06-28