AVACE LIMITED

💤Zombieactive

06559846 · ltd · incorporated 2008-04-09

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 Mar 2026

Net worth

£85.3k

book net assets

Opportunity

82/100

Exceptional

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

What this business does

Primary activity: Other manufacturing n.e.c.

Sector: Manufacturing

Investor take

Pursue

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

Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (83/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 17.9y

15/100

under pressure

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

· Oldest live charge is 17.9 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Distress signals active — lender appetite narrows.

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, 1 SIC codes, incorporation date

100

Financials

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

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

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

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

1 connected companies via shared directors

Filing history

45 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £85,294

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

£85k

Current Assets

£378k

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2026-03-31
Total assets	£85.3k
Current assets	£378.0k
Net assets	£85.3k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (21 events)Click to expand

2026-07-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-08-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-04-11
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-12-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-07-20
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-04-18
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-03-02
📄
mortgage-satisfy-charge-full
mortgage · MR04
2016-03-02
🔓
Charge satisfied #2
2015-12-07
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2015-12-07
🔒
Charge registered #3
Lender: Hitachi Capital (UK) PLC
2008-09-11
🔒
Charge registered #2
Lender: Lloyds Tsb Commercial Finance Limited
2008-08-18
🔒
Charge registered #1
Lender: L.C.P Estates Limited
2008-04-09
🏢
Company incorporated
As AVACE LIMITED
2008-04-09
➕
CHARLESWORTH, Anthony John appointed
director

Owner dependency

100/100

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.
+Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 69 — succession pressure is live.
+No director turnover: Company is 18 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

88/100

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.
secondary12+ year tenure: Director in role 18 years.
secondaryStable-but-static management: Company is 18 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

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Anthony John Charlesworth Individual · British · DOB 02/1957 · age 69	75–100%	75–100%	75-100% shares · 75-100% 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 · DY postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ANDIAN SPECIALIST FABRICATIONS LIMITED→ 05521415 · est 2005 · no financials extracted	—	—	—	—	20y	—	—
ANGRY CAT TOYS LTD→ 13560350 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
ARMADILLOCKS LTD→ 08707388 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
ARTENG LIMITED→ 14545764 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
AS REFRIGERATION LIMITED→ 10297474 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
ASHMORES PRESS BRAKE TOOLING LIMITED→ 00154641 · est 1919 · no financials extracted	—	—	—	—	106y	—	—
ASHWORTH EUROPE LIMITED→ 02918177 · est 1994 · no financials extracted	—	—	—	—	32y	—	—
ASSET ENGINEERING (2007) LIMITED→ 06324537 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
ASSOCIATED METALMASTERS LIMITED→ 07969459 · est 2012 · no financials extracted	—	—	—	—	14y	—	—
ATLANTA (UK) LIMITED→ 02430830 · est 1989 · no financials extracted	—	—	—	—	36y	—	—
AVANTI KITCHENS LIMITED→ 13546317 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
AVATAR GAMES LIMITED→ 10001685 · est 2016 · no financials extracted	—	—	—	—	10y	—	—

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

Incorporated2008-04-09

Jurisdictionengland-wales

Primary SIC32990 — Other manufacturing n.e.c.

Registered office

19a Navigation Drive

Hurst Business Park

Brierley Hill

West Midlands

DY5 1UT

England

Filing status

Accounts

Next due: 2027-12-31

Last made up to: 2026-03-31

Confirmation statement

Next due: 2027-04-23

Last: 2026-04-09

Officers (1 active · 0 resigned)

CHARLESWORTH, Anthony John→

director · ~69y · appointed 2008-04-09

View their other companies + combined net worth →

Active

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:3 of 3 shown

		Type	Properties
outstanding	Hitachi Capital (UK) Hitachi Capital (UK) PLC	A registered charge	1 property	07/12/2015	—
satisfied	Lloyds Banking Group Lloyds Tsb Commercial Finance Limited	All assets debenture	1 property	11/09/2008	02/03/2016
outstanding	L.C.P Estates L.C.P Estates Limited	Rent deposit deed	1 property	18/08/2008	—

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

Recent filings (45 total)

accounts-with-accounts-type-micro-entity

accounts · AA

2026-07-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-05-01