TASK SYSTEMS LIMITED

🌳Matureactive

05736026 · ltd · incorporated 2006-03-09

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2024

Net worth

—

book net assets

Opportunity

83/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Manufacture of office and shop furniture

Sector: Manufacturing

ALSO REGISTERED FOR

82990Other business support service activities n.e.c.

Investor take

Pursue

Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 57/100. Strong seller-intent signal (63/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 20.2y

35/100

too messy

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

· Oldest live charge is 20.2 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (74/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

9 officers (6 active, 9 linked, 6 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

10 connected companies via shared directors

Filing history

71 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-03-31
Average employees	2900

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (34 events)Click to expand

2025-11-12
📄
accounts-with-accounts-type-small
accounts · AA
2025-03-26
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-27
📄
accounts-with-accounts-type-small
accounts · AA
2024-06-01
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2024-05-29
📄
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-05-28
📄
gazette-notice-compulsory
gazette · GAZ1
2023-12-22
📄
accounts-with-accounts-type-full
accounts · AA
2023-02-22
📄
accounts-with-accounts-type-full
accounts · AA
2022-03-31
📄
accounts-with-accounts-type-full
accounts · AA
2021-04-17
📄
accounts-with-accounts-type-full
accounts · AA
2020-12-11
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-04-28
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-03-31
➖
BOWEN, Fergus Donovan Alastair resigned
director
2019-11-20
📄
accounts-with-accounts-type-full
accounts · AA
2019-10-02
📄
resolution
resolution · RESOLUTIONS
2019-04-09
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-04-08
📄
change-person-secretary-company-with-change-date
officers · CH03
2019-04-08
📄
change-person-director-company-with-change-date
officers · CH01
2016-01-14
➕
GILLS, Bob appointed
director
2015-10-14
➕
CHILES, William appointed
director
2015-06-08
➕
BOWEN, Fergus Donovan Alastair appointed
director
2009-08-14
➕
HILDITCH, Garry Ronald appointed
director
2009-01-13
🔒
Charge registered #4
Lender: Shortgrove Properties Limited
2007-06-22
🔒
Charge registered #3
Lender: Rosemound Developments Limited
2006-04-26
🔒
Charge registered #2
Lender: Lloyds Tsb Commercial Finance Limited
2006-03-22
🔒
Charge registered #1
Lender: Lloyds Tsb Bank PLC
2006-03-10
➕
KARAVIAS, Costas appointed
secretary
2006-03-10
➕
DALTREY, Anthony Leonard appointed
director
2006-03-10
➕
KARAVIAS, Costas appointed
director
2006-03-10
➖
VANTIS SECRETARIES LIMITED resigned
corporate-secretary
2006-03-10
➖
VANTIS NOMINEES LIMITED resigned
corporate-director
2006-03-09
🏢
Company incorporated
As TASK SYSTEMS LIMITED
2006-03-09
➕
VANTIS SECRETARIES LIMITED appointed
corporate-secretary
2006-03-09
➕
VANTIS NOMINEES LIMITED appointed
corporate-director

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

90/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 20 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

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

Name	Shares	Voting rights	Nature of control	Notified
Mr Anthony Leonard Daltry Individual · British · DOB 02/1956 · age 70	25–50%	—	25-50% shares	06/04/2016
Costas Karavias Individual · Cypriot · DOB 07/1956 · age 70	25–50%	25–50%	25-50% shares · 25-50% voting	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

Active · Manufacturing · DA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
1963 MULTIMEDIA (UK) LTD→ 14917239 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
1ST CHOICE RENO LIMITED→ 16790684 · est 2025 · no financials extracted	—	—	—	—	—	—	—
24/7 LIFT SERVICES LTD→ 14662116 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
3D UNOBTAINIUM LTD→ 14809473 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
3DSYNTHESIS LIMITED→ 09899264 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
4WOOD JOINERY (LONDON) LIMITED→ 11000330 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
8POINT3LED LIMITED→ 10761785 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
A COHEN TRADING LTD→ 15112654 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
A D S PRINT SERVICES LIMITED→ 07923269 · est 2012 · no financials extracted	—	—	—	—	14y	—	—
A-HARD BUILDERS LTD→ 13470327 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
A.B.T. DESIGN LIMITED→ 02026224 · est 1986 · no financials extracted	—	—	—	—	39y	—	—
A.G. CARPENTER LTD→ 16260016 · est 2025 · no financials extracted	—	—	—	—	1y	—	—

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

Incorporated2006-03-09

Jurisdictionengland-wales

Primary SIC31010 — Manufacture of office and shop furniture

Registered office

Charles Lake House Claire Causeway

Crossways Business Park

Dartford

DA2 6QA

England

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-23

Last: 2026-03-09