MERTHYR HOLDINGS LIMITED

💤Zombieactive

06330412 · ltd · incorporated 2007-08-01

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

—

book net assets

Opportunity

79/100

Strong

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

What this business does

Primary activity: SIC 05102

Sector: Mining & quarrying

Investor take

Pursue

Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 10.3y

30/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 10.3 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

24 officers (1 active, 24 linked, 19 with DOB)

Ownership & PSC

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

Director network

4 connected companies via shared directors

Filing history

114 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

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.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Loss-making

Loss before tax £0

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31	2023-12-31
Profit before tax	£0	£0
Average employees	0	0

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (68 events)Click to expand

2026-01-20
📄
accounts-with-accounts-type-full
accounts · AA
2024-12-16
📄
accounts-with-accounts-type-full
accounts · AA
2024-03-20
📄
accounts-with-accounts-type-full
accounts · AA
2023-12-20
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-07-19
➖
JONES, Lyndon resigned
director
2023-07-19
➖
LEWIS, Andrew John resigned
director
2023-07-19
➖
LEWIS, Jayne Helen Louise resigned
director
2023-07-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-07-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-07-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-12-22
📄
accounts-with-accounts-type-full
accounts · AA
2022-04-20
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2022-04-19
📄
accounts-with-accounts-type-full
accounts · AA
2022-03-12
📄
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2022-03-08
📄
gazette-notice-compulsory
gazette · GAZ1
2021-02-18
📄
accounts-with-accounts-type-full
accounts · AA
2019-12-21
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2019-12-18
📄
accounts-with-accounts-type-full
accounts · AA
2019-12-10
📄
gazette-notice-compulsory
gazette · GAZ1
2018-09-28
📄
accounts-with-accounts-type-full
accounts · AA
2018-07-25
🔒
Charge registered #2
Lender: Gwent Holdings Limited (Company No: 10119615)
2018-07-18
🔓
Charge satisfied #1
2018-07-02
➕
JONES, Lyndon appointed
director
2018-07-02
➕
LEWIS, Andrew John appointed
director
2018-07-02
➕
LEWIS, Jayne Helen Louise appointed
director
2018-06-01
➕
LEWIS, David Stanley appointed
director
2018-06-01
➖
LEWIS, Jayne Helen resigned
director
2016-05-26
➖
LEWIS, Andrew John resigned
director
2016-01-07
➖
SADLER, Anita Joanne resigned
secretary
2016-01-07
➖
BORLAND, Donald William resigned
director
2016-01-07
➖
CARRUTHERS, Michael Norman resigned
director
2016-01-07
➖
DUFFIELD, Sheelagh Jane resigned
director
2016-01-07
➖
HAZELL, Peter Frank resigned
director
2016-01-07
➕
LEWIS, Andrew John appointed
director
2016-01-07
➕
LEWIS, Jayne Helen appointed
director
2016-01-07
➖
POYNER, James Thomas resigned
director
2016-01-07
➖
PROWER, Aubyn James Sugden resigned
director
2016-01-07
➖
TAYLOR, Gary John resigned
director
2016-01-07
➖
TILLMAN, Stephen resigned
director
2016-01-07
🔒
Charge registered #1
Lender: Argent Estates Limited
2015-07-27
➖
BROWN, Neil Andrew resigned
director
2015-03-31
➕
CARRUTHERS, Michael Norman appointed
director
2015-03-31
➖
MILLER, Keith Manson resigned
director
2014-07-30
➕
HAZELL, Peter Frank appointed
director
2014-05-20
➕
DUFFIELD, Sheelagh Jane appointed
director
2014-05-20
➕
MILLER, Keith Manson appointed
director
2012-11-22
➖
MADELIN, Roger Nigel resigned
director
2012-10-01
➕
BROWN, Neil Andrew appointed
director
2012-07-24
➖
PROWER, Aubyn James Sugden resigned
secretary
2012-07-17
➖
DUFFIELD, Sheelagh Jane resigned
director

Showing most recent 50 of 68 events

Owner dependency

90/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.
+Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

75/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Gwent Investments Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Gwent Investments Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

MERTHYR HOLDINGS LIMITED

This company · 06330412

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Gwent Investments Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016
Mr David Stanley Lewis Individual · British · DOB 02/1957 · age 69	—	—	sig. influencesignificant influence	01/06/2018

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 · CF postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
1ST CHOICE FIRE PROTECTION (WALES) LTD→ 06768216 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
1ST IMPRESSION (WALES) LIMITED→ 06283492 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
2020 CERTIFICATION LIMITED→ 11204636 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
3JC ENTERPRISE LTD→ 15049937 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
7 STEEL (PROPERTIES) LIMITED→ 04578079 · est 2002 · no financials extracted	—	—	—	—	23y	—	—
7S FILM CO LTD→ 12739305 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
A C AVIATION LTD→ 15978345 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
A.C. CONTRACT INTERIORS LIMITED→ 07584846 · est 2011 · no financials extracted	—	—	—	—	15y	—	—
A.C.T. REPROGRAPHICS LIMITED→ 02909349 · est 1994 · no financials extracted	—	—	—	—	32y	—	—
A1 MEDIA PRODUCTIONS UK LTD→ 16889301 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AAA WEB LIMITED→ 08807911 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
AAC CARPENTRY & CONSTRUCTION LIMITED→ 14293087 · est 2022 · no financials extracted	—	—	—	—	3y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

9 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

Incorporated2007-08-01

Jurisdictionengland-wales

Primary SIC05102 — SIC 05102

Registered office

Cwmbargoed Disposal Point Fochriw Road

Cwmbargoed

Merthyr Tydfil

CF48 4AE

Wales

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-07-21

Last: 2025-07-07

Officers (1 active · 23 resigned)

LEWIS, David Stanley→

director · ~69y · appointed 2018-06-01

View their other companies + combined net worth →

Active

PROWER, Aubyn James Sugden→

secretary · appointed 2007-09-27 · resigned 2012-07-24

Resigned

SADLER, Anita Joanne→

secretary · appointed 2009-05-19 · resigned 2016-01-07

Resigned

SISEC LIMITED→

corporate-secretary · appointed 2007-08-01 · resigned 2007-09-28

Resigned

BORLAND, Donald William→

director · ~60y · appointed 2009-06-05 · resigned 2016-01-07

Resigned

BROWN, Neil Andrew→

director · ~67y · appointed 2012-10-01 · resigned 2015-07-27

Resigned

CARRUTHERS, Michael Norman→

director · ~46y · appointed 2015-03-31 · resigned 2016-01-07

Resigned

DUFFIELD, Sheelagh Jane→

director · ~60y · appointed 2014-05-20 · resigned 2016-01-07

Resigned

DUFFIELD, Sheelagh Jane→

director · ~60y · appointed 2012-05-16 · resigned 2012-07-17

Resigned

HAZELL, Peter Frank→

director · ~78y · appointed 2014-07-30 · resigned 2016-01-07

Resigned

JONES, Lyndon→

director · ~77y · appointed 2018-07-02 · resigned 2023-07-19

Resigned

LEWIS, Andrew John→

director · ~76y · appointed 2018-07-02 · resigned 2023-07-19

Resigned

LEWIS, Andrew John→

director · ~76y · appointed 2016-01-07 · resigned 2016-05-26

Resigned

LEWIS, Jayne Helen Louise→

director · ~61y · appointed 2018-07-02 · resigned 2023-07-19

Resigned

LEWIS, Jayne Helen→

director · ~61y · appointed 2016-01-07 · resigned 2018-06-01

Resigned

MADELIN, Roger Nigel→

director · ~67y · appointed 2009-05-19 · resigned 2012-11-22

Resigned

MILLER, Keith Manson→

director · ~77y · appointed 2014-05-20 · resigned 2015-03-31

Resigned

POYNER, James Thomas→

director · ~79y · appointed 2007-09-27 · resigned 2016-01-07

Resigned

PROWER, Aubyn James Sugden→

director · ~71y · appointed 2007-09-27 · resigned 2016-01-07

Resigned

SMYTH, Pamela June→

director · ~62y · appointed 2007-09-27 · resigned 2012-05-16

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	Gwent Holdings (Company No: 10119615) Gwent Holdings Limited (Company No: 10119615)	A registered charge	1 property	25/07/2018	—
	satisfied	Argent Estates Argent Estates Limited	A registered charge	2 properties	07/01/2016	18/07/2018

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (114 total)

accounts-with-accounts-type-full

accounts · AA

2026-01-20

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-07-07

accounts-with-accounts-type-full

accounts · AA

2024-12-16

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-07-16

accounts-with-accounts-type-full

accounts · AA

2024-03-20

change-account-reference-date-company-previous-shortened

accounts · AA01

2023-12-20

confirmation-statement-with-updates

confirmation-statement · CS01

2023-07-19

termination-director-company-with-name-termination-date

officers · TM01

2023-07-19

termination-director-company-with-name-termination-date

officers · TM01

2023-07-19

termination-director-company-with-name-termination-date

officers · TM01

2023-07-19

accounts-with-accounts-type-full

accounts · AA

2022-12-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-08-17

gazette-filings-brought-up-to-date

gazette · DISS40

2022-04-20

accounts-with-accounts-type-full

accounts · AA

2022-04-19

dissolved-compulsory-strike-off-suspended

dissolution · DISS16(SOAS)

2022-03-12