APPROVED TECHNOLOGY LIMITED
🌳Matureactive
06675121 · ltd · incorporated 2008-08-18
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
—
year to Dec 2025
Net worth
£1.11M
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 26110
Sector: Manufacturing
ALSO REGISTERED FOR
- 46520SIC 46520
- 47429SIC 47429
- 71121Engineering design activities for industrial process and production
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
1 live charge · oldest 1.1y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 1.1 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
55 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £1,111,906
Cash YoY
+0%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£793k
~ YoY
Net Worth
£1.1m
↑ 39% YoY
Current Assets
£1.1m
↑ 7.3% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total assets | £1.43M | £803.4k |
| Current assets | £1.09M | £1.02M |
| Cash | £793.0k | £789.8k |
| Debtors | £188.7k | £140.4k |
| Net assets | £1.11M | £801.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-04-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-09-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-08-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-07-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-06-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-09🔒Charge registered #1Lender: National Westminster Bank PLC
- 2024-04-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-03-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-09-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-09-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-09-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-10-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-03-18➕BRODERICK, Louise Elizabeth appointeddirector
- 2008-10-15➕BRODERICK, Louise appointedsecretary
- 2008-10-15➕BRODERICK, Karl Neil appointeddirector
- 2008-10-15➖TEMPLE SECRETARIES LIMITED resignedcorporate-secretary
- 2008-10-15➖COMPANY DIRECTORS LIMITED resignedcorporate-director
- 2008-08-18🏢Company incorporatedAs APPROVED TECHNOLOGY LIMITED
- 2008-08-18➕TEMPLE SECRETARIES LIMITED appointedcorporate-secretary
- 2008-08-18➕COMPANY DIRECTORS LIMITED appointedcorporate-director
Owner dependency
76/100
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.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
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 |
|---|---|---|---|---|
Mrs Louise Elizabeth Broderick Individual · British · DOB 11/1971 · age 55 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Karl Neil Broderick Individual · Irish · DOB 08/1969 · age 57 | — | — | sig. influencesignificant influence · trust interest · firm interest | 07/04/2016 |
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 · BH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AEIPATHY LIMITED→ 10918515 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AIRTEK FAN SOLUTIONS LIMITED→ 05214605 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| AMESSTRIES LTD→ 16692365 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMS (DOONANS) LTD→ 15294625 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ANCHORIGHT LTD→ 14050916 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ANDFOR LTD→ 14783447 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| APPARATO LTD→ 16888814 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| APPAREL MAN LIMITED→ 08074622 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| APPLIED RELAY TESTING LTD.→ 02715226 · est 1992 · no financials extracted | — | — | — | — | 33y | — | — |
| ARC PRECISION LTD→ 16958567 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ARCA DEVELOPMENTS LTD→ 16935527 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARCHER CARPENTRY LOFT CONVERSIONS LTD→ 14693471 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2008-08-18
Jurisdictionengland-wales
Primary SIC26110 — SIC 26110
Registered office
8 Trinity 161 Old Christchurch Road
Bournemouth
Dorset
BH1 1JU
England
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-09-01
Last: 2025-08-18
Officers (3 active · 2 resigned)
Active
BRODERICK, Karl Neil→
Activedirector · ~57y · appointed 2008-10-15
View their other companies + combined net worth →
BRODERICK, Louise Elizabeth→
Activedirector · ~55y · appointed 2011-03-18
View their other companies + combined net worth →
TEMPLE SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2008-08-18 · resigned 2008-10-15
COMPANY DIRECTORS LIMITED→
Resignedcorporate-director · appointed 2008-08-18 · resigned 2008-10-15
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 09/06/2025 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (55 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-04-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-09-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-08-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-09-23
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-28
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-30