ANDERCO SAFETY (UK) LIMITED
🌳Matureactive
07089015 · ltd · incorporated 2009-11-27
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
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Wholesale of clothing and footwear
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 78/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 13.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 13.7 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (55/100)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
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 6 with DOB)
85
Ownership & PSC
2 active PSC(s) of 6 total, 6 with control declared
90
Director network
Network not yet resolved
30
Filing history
66 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
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
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 (35 events)Click to expand
- 2025-09-17📄accounts-with-accounts-type-smallaccounts · AA
- 2025-06-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-06-12🔓Charge satisfied #2
- 2025-06-12🔓Charge satisfied #1
- 2025-01-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-01-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-01-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-02📄accounts-with-accounts-type-smallaccounts · AA
- 2023-09-27📄accounts-with-accounts-type-smallaccounts · AA
- 2022-10-18📄accounts-with-accounts-type-smallaccounts · AA
- 2022-08-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-09-28📄accounts-with-accounts-type-smallaccounts · AA
- 2020-09-16📄accounts-with-accounts-type-audited-abridgedaccounts · AA
- 2019-06-07📄accounts-with-accounts-type-smallaccounts · AA
- 2019-05-01📄accounts-with-accounts-type-smallaccounts · AA
- 2019-01-08📄auditors-resignation-companyauditors · AUD
- 2018-08-20🔒Charge registered #4Lender: The Governor & Company of the Bank of Ireland
- 2018-06-05➕BOYLAN, Grattan appointedsecretary
- 2018-06-05➕BOYLAN, Grattan appointeddirector
- 2018-06-05➕O'DONNELL, Declan appointeddirector
- 2018-06-05➖BRUCE, Alan resigneddirector
- 2018-06-05➖BRUCE, Lynn, Mrs. resigneddirector
- 2018-06-05➖MEANEY, Fergal resigneddirector
- 2018-06-05🔒Charge registered #3Lender: The Governor and Company of the Bank of Ireland
- 2018-02-08🔒Charge registered #2Lender: Allied Irish Banks P.L.C.
- 2012-10-19➕BRUCE, Lynn, Mrs. appointeddirector
- 2012-08-23🔒Charge registered #1Lender: Aib Commercial Finance Limited
- 2009-11-30➖POREMA LIMITED resignedcorporate-secretary
- 2009-11-30➕BRUCE, Alan appointeddirector
- 2009-11-30➖KAVANAGH, Sean resigneddirector
- 2009-11-30➕MEANEY, Fergal appointeddirector
- 2009-11-27🏢Company incorporatedAs ANDERCO SAFETY (UK) LIMITED
- 2009-11-27➕POREMA LIMITED appointedcorporate-secretary
- 2009-11-27➕KAVANAGH, Sean appointeddirector
Owner dependency
66/100
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.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
James Boylan Safety Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
James Boylan Safety Ltd
Corporate parent · holds 75-100% shares
⬇
ANDERCO SAFETY (UK) LIMITED
This company · 07089015
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 |
|---|---|---|---|---|
James Boylan Safety Ltd Corporate entity | 75–100% | — | 75-100% shares | 06/01/2025 |
Mr Grattan Boylan Individual · Irish · DOB 09/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/01/2025 |
4 historic (ceased) PSCs
- Mrs Noreen Boylanceased 06/01/2025· significant influence
- Mr Grattan Boylanceased 05/06/2018· 25-50% shares
- Mr Declan O'Donnellceased 05/06/2018· 25-50% shares
- Mr. Alan Bruceceased 05/06/2018· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| A W BLAKE LTD→ 02969527 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| ACE FIXINGS (CUMBRIA) LIMITED→ 04585380 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| AGRIFEED SOLUTIONS LTD→ 13163861 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ALPHAGREEN SOLUTIONS UK LIMITED→ 16139115 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AMC SCRAP METALS LTD→ 12465287 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ANDERSONS (DENTON HOLME) LIMITED→ 03233431 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| ARCTEC INDUSTRIAL SUPPLIES LIMITED→ 04682039 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| ARMSTRONG BUILDING SUPPLIES LIMITED→ 03962404 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| ASOLO FOOTWEAR UK LIMITED→ 08081148 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ATALAS TEXTILES LTD→ 14711708 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AUDEK TIMBER LIMITED→ 16326439 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AYLE COLLIERY COMPANY LIMITED→ 00281899 · est 1933 · no financials extracted | — | — | — | — | 92y | — | — |
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
Incorporated2009-11-27
Jurisdictionengland-wales
Primary SIC46420 — Wholesale of clothing and footwear
Registered office
2 Leconfield Industrial Estate
Cleator Moor
Cumbria
CA25 5QB
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-11
Last: 2026-02-25
Officers (3 active · 5 resigned)
Active
BOYLAN, Grattan→
Activedirector · ~55y · appointed 2018-06-05
View their other companies + combined net worth →
O'DONNELL, Declan→
Activedirector · ~58y · appointed 2018-06-05
View their other companies + combined net worth →
POREMA LIMITED→
Resignedcorporate-secretary · appointed 2009-11-27 · resigned 2009-11-30
BRUCE, Alan→
Resigneddirector · ~56y · appointed 2009-11-30 · resigned 2018-06-05
BRUCE, Lynn, Mrs.→
Resigneddirector · ~57y · appointed 2012-10-19 · resigned 2018-06-05
KAVANAGH, Sean→
Resigneddirector · ~63y · appointed 2009-11-27 · resigned 2009-11-30
MEANEY, Fergal→
Resigneddirector · ~58y · appointed 2009-11-30 · resigned 2018-06-05
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Governor & Company of the Bank of Ireland | A registered charge | — | 20/08/2018 | — | |
| outstanding | The Governor and Company of the Bank of Ireland | A registered charge | — | 05/06/2018 | — | |
| satisfied | Allied Irish Banks P.L.C. | A registered charge | — | 08/02/2018 | 12/06/2025 | |
| satisfied | Aib Commercial Finance Aib Commercial Finance Limited | Fixed and floating charge on book and other debts | 1 property | 23/08/2012 | 12/06/2025 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (66 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-12
accounts-with-accounts-type-small
accounts · AA
2025-09-17
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-12
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-01-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-07
accounts-with-accounts-type-small
accounts · AA
2024-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-28
accounts-with-accounts-type-small
accounts · AA
2023-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-27
accounts-with-accounts-type-small
accounts · AA
2022-10-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-11