AREA WELDING SERVICES LTD
💤Zombieactive
07138178 · ltd · incorporated 2010-01-27
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 2025
Net worth
£260.6k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with exceptional profile and bankable structure.
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 58). 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 10.6y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 10.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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
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, 1 with DOB)
80
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
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
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 £260,556
Cash YoY
+798052%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£216k
↑ 798052% YoY
Net Worth
£261k
↑ 1653% YoY
Current Assets
£683k
↑ 116% 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 | £570.7k | £242.6k |
| Current assets | £682.7k | £316.0k |
| Cash | £215.5k | £27 |
| Debtors | £203.2k | £110.8k |
| Net assets | £260.6k | £-16.8k |
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
2
filings
- • 1 confirmation-statement
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-01-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-01-20🔓Charge satisfied #2
- 2025-06-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-05-04🔒Charge registered #2Lender: Nucleus Cash Flow FINANCE2 Limited
- 2022-12-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-05-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-03-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-12-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-12-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2016-12-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-02-14📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-11-10🔒Charge registered #1Lender: Barclays Bank PLC
- 2010-01-27🏢Company incorporatedAs AREA WELDING SERVICES LTD
- 2010-01-27➕GEDDES, Kathryn appointedsecretary
- 2010-01-27➕GEDDES, Christopher David Reece appointeddirector
Owner dependency
98/100
Critical — business is the founderThe 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 16 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +No director turnover: Company is 16 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
78/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 16 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 |
|---|---|---|---|---|
Mr Christopher David Reece Geddes Individual · British · DOB 02/1968 · age 58 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
Mrs Kathryn Geddes Individual · British · DOB 05/1968 · age 58 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 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 · CW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AGB ELECTRICAL LTD→ 08131414 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| AGK POWER SYSTEMS LIMITED→ 14605673 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALLTHE LTD→ 14785737 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALSAGER ELECTRICAL LTD→ 07728462 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| APJOINERY & CARPENTRY LTD→ 10355822 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| APMA EVENTS LTD→ 07823483 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| APOLLO PRINT & LABELS LTD→ 07623310 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| AQUANTIC LOGIE FISH COUNTERS LTD→ 11485987 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ARBOR INTERIORS GROUP LIMITED→ 11979061 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ARP FABRICATIONS LTD→ 14909348 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARROWTAC LTD→ 06222382 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ASPECT SCIENTIFIC LTD→ 09361180 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2010-01-27
Jurisdictionengland-wales
Primary SIC25110 — Manufacture of metal structures and parts of structures
Registered office
Bridge Farm
Winsford Road, Cholmondeston
Winsford
Cheshire
CW7 4DR
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-10
Last: 2026-01-27
Officers (2 active · 0 resigned)
Active
GEDDES, Christopher David Reece→
Activedirector · ~58y · appointed 2010-01-27
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
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Nucleus Cash Flow FINANCE2 Nucleus Cash Flow FINANCE2 Limited | A registered charge | — | 04/05/2023 | 20/01/2026 | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 10/11/2015 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (38 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-10
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-27
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-05-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-05-10
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-24