ADVANCE INNOVATION LIMITED
🌳Matureactive
05774817 · ltd · incorporated 2006-04-10
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 19.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
—
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: Repair of machinery
Sector: Manufacturing
ALSO REGISTERED FOR
- 33200SIC 33200
Investor take
PursueLeverage-led grower with a 72-year-old founder — textbook succession opportunity.
Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (78/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 19.8y
60/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 19.8 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: medium (73/100)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
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 7 with DOB)
86
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
77 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £1,741,276
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 |
|---|---|
| Profit before tax | £1.74M |
| Average employees | 10500 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2025-06-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-05-01➕MORRIS, Phillip James appointeddirector
- 2025-03-26📄accounts-with-accounts-type-fullaccounts · AA
- 2024-07-30📄memorandum-articlesincorporation · MA
- 2024-07-30📄resolutionresolution · RESOLUTIONS
- 2024-05-20📄accounts-with-accounts-type-groupaccounts · AA
- 2024-04-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-04-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-09-21📄capital-cancellation-sharescapital · SH06
- 2023-09-21📄capital-return-purchase-own-sharescapital · SH03
- 2023-09-11📄resolutionresolution · RESOLUTIONS
- 2023-04-11📄accounts-with-accounts-type-groupaccounts · AA
- 2023-01-16➖DINAN, Peter John resigneddirector
- 2023-01-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-30➕YEATES, Ryan Dean appointeddirector
- 2022-10-14➖TURNBULL, Jonathan resignedsecretary
- 2022-10-14📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-03-31📄accounts-with-accounts-type-groupaccounts · AA
- 2021-07-10📄accounts-with-accounts-type-groupaccounts · AA
- 2021-02-26📄resolutionresolution · RESOLUTIONS
- 2021-02-04📄capital-cancellation-sharescapital · SH06
- 2021-02-04📄capital-return-purchase-own-sharescapital · SH03
- 2020-12-10➖PANNELL, Darryl Michael resigneddirector
- 2020-08-31➖DINAN, Jennie resigneddirector
- 2015-07-31➕PANNELL, Darryl Michael appointeddirector
- 2014-12-22➕DINAN, Jennie appointeddirector
- 2011-04-01➕TURNBULL, Jonathan appointedsecretary
- 2011-04-01➕DINAN, Peter John appointeddirector
- 2011-03-31➖COATES, Stephen William resignedsecretary
- 2008-06-25🔒Charge registered #3Lender: National Westminster Bank PLC
- 2007-06-25🔒Charge registered #2Lender: Rbs Invoice Finance Limited
- 2006-07-31🔒Charge registered #1Lender: National Westminster Bank PLC
- 2006-04-10🏢Company incorporatedAs ADVANCE INNOVATION LIMITED
- 2006-04-10➕COATES, Felicity Jane appointeddirector
- 2006-04-10➕COATES, Stephen William appointeddirector
- 2006-04-10➕COATES, Stephen William appointedsecretary
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 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 72 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 20 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
cleanNo 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 Stephen William Coates Individual · British · DOB 01/1954 · age 72 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mrs Felicity Jane Coates Individual · British · DOB 10/1958 · age 68 | 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 · AL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 24HR VEHICLE SOLUTIONS LTD→ 14585236 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 3 COUNTIES CONCRETE LTD→ 12991613 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 3D CROWD CIC→ 12535979 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| A.S. HANDOVER LIMITED→ 00472786 · est 1949 · no financials extracted | — | — | — | — | 76y | — | — |
| ABIGLAZE LIMITED→ 06527091 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| AIRTEC SOLUTIONS LTD→ 14449010 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALBAN CASES LIMITED→ 04380975 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| ALEKSANDAR P&Y LTD→ 15982596 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AMBAR KELLY LIMITED→ 04754126 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| AMORRA LTD→ 16669559 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANGLIA STEELCRAFT LIMITED→ 07542536 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| ANGLIAN ACCESS REPAIRS LTD→ 11936211 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated2006-04-10
Jurisdictionengland-wales
Primary SIC33120 — Repair of machinery
Registered office
72 London Road
St. Albans
Hertfordshire
AL1 1NS
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-04-23
Last: 2026-04-09
Officers (4 active · 5 resigned)
COATES, Felicity Jane→
Activedirector · ~68y · appointed 2006-04-10
View their other companies + combined net worth →
COATES, Stephen William→
Activedirector · ~72y · appointed 2006-04-10
View their other companies + combined net worth →
MORRIS, Phillip James→
Activedirector · ~48y · appointed 2025-05-01
View their other companies + combined net worth →
YEATES, Ryan Dean→
Activedirector · ~34y · appointed 2022-11-30
View their other companies + combined net worth →
COATES, Stephen William→
Resignedsecretary · appointed 2006-04-10 · resigned 2011-03-31
TURNBULL, Jonathan→
Resignedsecretary · appointed 2011-04-01 · resigned 2022-10-14
DINAN, Jennie→
Resigneddirector · ~62y · appointed 2014-12-22 · resigned 2020-08-31
DINAN, Peter John→
Resigneddirector · ~62y · appointed 2011-04-01 · resigned 2023-01-16
PANNELL, Darryl Michael→
Resigneddirector · ~56y · appointed 2015-07-31 · resigned 2020-12-10
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Charge of deposit | 1 property | 25/06/2008 | — | |
| outstanding | NatWest Group Rbs Invoice Finance Limited | Fixed and floating charge | 1 property | 25/06/2007 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 31/07/2006 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (77 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-13
appoint-person-director-company-with-name-date
officers · AP01
2025-06-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-10
accounts-with-accounts-type-full
accounts · AA
2025-03-26
memorandum-articles
incorporation · MA
2024-07-30
resolution
resolution · RESOLUTIONS
2024-07-30
accounts-with-accounts-type-group
accounts · AA
2024-05-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-22
capital-cancellation-shares
capital · SH06
2023-09-21
capital-return-purchase-own-shares
capital · SH03
2023-09-21
resolution
resolution · RESOLUTIONS
2023-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-12
accounts-with-accounts-type-group
accounts · AA
2023-04-11