AROLITE LTD
🌳Matureactive
06826320 · ltd · incorporated 2009-02-23
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 17.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£322.5k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 17.2y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 17.2 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.
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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
4 active PSC(s) of 4 total, 4 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
52 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 · accounting standard not declaredPositive net assets
Net assets £322,470
Net assets shrinking
Down £9,562 YoY
Cash YoY
-8%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£186k
↓ 7.8% YoY
Net Worth
£322k
↓ 2.9% YoY
Current Assets
£935k
↓ 12% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £344.8k | £396.6k |
| Current assets | £935.0k | £1.06M |
| Cash | £185.8k | £201.4k |
| Debtors | £711.3k | £857.2k |
| Net assets | £322.5k | £332.0k |
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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-10-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-23📄change-person-director-company-with-change-dateofficers · CH01
- 2021-11-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-11-15➕FOSTER, Syrita appointeddirector
- 2020-12-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-06-26🔒Charge registered #2Lender: Lloyds Bank PLC
- 2019-11-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2017-09-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-09-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-04-11📄resolutionresolution · RESOLUTIONS
- 2009-05-06🔒Charge registered #1Lender: Lloyds Tsb Commercial Finance Limited
- 2009-02-23🏢Company incorporatedAs AROLITE LTD
- 2009-02-23➕KHANNA, David Vinod appointeddirector
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +No director turnover: Company is 17 years old with no director changes — suggests a very tight-knit founder team never broadened.
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 17 years.
- secondaryStable-but-static management: Company is 17 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
4 active beneficial owners · fragmented| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Vinod Khanna Individual · British · DOB 04/1984 · age 42 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
Mrs Syrita Foster Individual · British · DOB 11/1978 · age 48 | — | — | sig. influencesignificant influence | 27/03/2017 |
Mr Vinod Kumar Khanna Individual · British · DOB 06/1953 · age 73 | — | — | sig. influencesignificant influence | 27/03/2017 |
Mrs Diana Khanna Individual · British · DOB 12/1949 · age 77 | — | — | sig. influencesignificant influence | 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 · Professional services · NN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ARBITRAGE TALENT LTD→ 17118796 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ARC INDUSTRIES LIMITED→ 16350003 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ARGEIA CONSULTING LTD→ 14468858 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ARKITEZ LTD→ 13109381 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ARODEN CONSULTING LTD→ 12339720 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ARTIOUS VIRTUAL ASSISTING LTD→ 12505740 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ARTISAN CARE NORTHANTS HOLDCO LIMITED→ 06962594 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ARYEETEY & CO LIMITED→ 13961779 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AS MEDICS LIMITED→ 09751079 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AS ONE SOLUTIONS LTD→ 12335923 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AS RETAIL CONSULTANCY LTD→ 13521570 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ASB OPERATIONS CONSULTING LTD→ 13082486 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2009-02-23
Jurisdictionengland-wales
Primary SIC71129 — Other engineering activities
Registered office
Isis Business Support Services Ltd
2 Debdale Road
Wellingborough
NN8 5AA
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-09
Last: 2026-02-23
Officers (2 active · 0 resigned)
FOSTER, Syrita→
Activedirector · ~48y · appointed 2021-11-15
View their other companies + combined net worth →
KHANNA, David Vinod→
Activedirector · ~42y · appointed 2009-02-23
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 26/06/2020 | — | |
| outstanding | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | All assets debenture | 1 property | 06/05/2009 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (52 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-10
change-person-director-company-with-change-date
officers · CH01
2021-11-23
appoint-person-director-company-with-name-date
officers · AP01
2021-11-16
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-07-02