ARGON ELECTRONICS (UK) LTD
🌳Matureactive
07170285 · ltd · incorporated 2010-02-25
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 16.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£8.63M
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 26511
Sector: Manufacturing
Investor take
PursueActive trading company with a 67-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · oldest 16.2y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 16.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
7 officers (3 active, 7 linked, 4 with DOB)
81
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
60 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 · FRS 102Positive net assets
Net assets £8,630,847
Cash YoY
+36%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£7.7m
↑ 36% YoY
Net Worth
£8.6m
↑ 31% YoY
Current Assets
£9.4m
↑ 31% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £8.65M | £6.60M |
| Current assets | £9.43M | £7.18M |
| Cash | £7.73M | £5.69M |
| Debtors | £614.5k | £539.9k |
| Net assets | £8.63M | £6.59M |
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 (31 events)Click to expand
- 2025-12-01📄memorandum-articlesincorporation · MA
- 2025-11-26📄resolutionresolution · RESOLUTIONS
- 2025-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-07📄memorandum-articlesincorporation · MA
- 2025-03-04📄resolutionresolution · RESOLUTIONS
- 2024-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-29📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-01-28📄resolutionresolution · RESOLUTIONS
- 2024-01-26📄capital-name-of-class-of-sharescapital · SH08
- 2024-01-25📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2024-01-12➕PARSONS, Helen appointedsecretary
- 2023-10-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-08-09🔒Charge registered #2Lender: Barclays Bank PLC
- 2015-06-01➖COX, Peter Ross resignedsecretary
- 2013-03-09🔓Charge satisfied #1
- 2010-03-25🔒Charge registered #1Lender: Barclays Bank PLC
- 2010-03-01➖PIKE, Steven Derek resigneddirector
- 2010-02-25🏢Company incorporatedAs ARGON ELECTRONICS (UK) LTD
- 2010-02-25➕PIKE, Christine Ann appointeddirector
- 2010-02-25➕PIKE, Steven Derek appointeddirector
- 2010-02-25➕COX, Peter Ross appointedsecretary
- 2010-02-25➕LONDON LAW SECRETARIAL LIMITED appointedcorporate-secretary
- 2010-02-25➖LONDON LAW SECRETARIAL LIMITED resignedcorporate-secretary
- 2010-02-25➕COWDRY, John Jeremy Arthur appointeddirector
- 2010-02-25➖COWDRY, John Jeremy Arthur resigneddirector
- 2010-02-25➕PIKE, Steven Derek appointeddirector
Owner dependency
91/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 16 years.
- 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 Steven Derek Pike Individual · British · DOB 01/1959 · age 67 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Mrs Christine Ann Pike Individual · British · DOB 12/1960 · age 66 | 25–50% | 25–50% | 25-50% shares · 25-50% 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 · LU postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AMX SUPPORT UK LTD→ 12460416 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ANJI (UK) SOLAR PUMPS LTD→ 13179236 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ANODAMINE UK LTD→ 17019412 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ANOTRONIC LIMITED→ 01658055 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| ANTSNEST GAMES LTD→ 16444546 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AQUA DYNAMICS LIMITED→ 06336146 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ARCHEM PRS LIMITED→ 07041866 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ARDENOAK HOLDINGS LIMITED→ 01311109 · est 1977 · no financials extracted | — | — | — | — | 48y | — | — |
| ARES PLATES LTD→ 16330733 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ARES SYSTEMS LTD→ 16515344 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARJO UK LIMITED→ 10842512 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ARMY AND NAVY C.S.L LIMITED→ 10011348 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated2010-02-25
Jurisdictionengland-wales
Primary SIC26511 — SIC 26511
Registered office
16 Ribocon Way
Progress Business Park
Luton
Bedfordshire
LU4 9UR
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-03
Last: 2026-01-20
Officers (3 active · 4 resigned)
Active
PIKE, Christine Ann→
Activedirector · ~66y · appointed 2010-02-25
View their other companies + combined net worth →
PIKE, Steven Derek→
Activedirector · ~67y · appointed 2010-02-25
View their other companies + combined net worth →
COX, Peter Ross→
Resignedsecretary · appointed 2010-02-25 · resigned 2015-06-01
LONDON LAW SECRETARIAL LIMITED→
Resignedcorporate-secretary · appointed 2010-02-25 · resigned 2010-02-25
COWDRY, John Jeremy Arthur→
Resigneddirector · ~82y · appointed 2010-02-25 · resigned 2010-02-25
PIKE, Steven Derek→
Resigneddirector · ~67y · appointed 2010-02-25 · resigned 2010-03-01
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 | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 09/08/2016 | — | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 25/03/2010 | 09/03/2013 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (60 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-20
memorandum-articles
incorporation · MA
2025-12-01
resolution
resolution · RESOLUTIONS
2025-11-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-30
memorandum-articles
incorporation · MA
2025-03-07
resolution
resolution · RESOLUTIONS
2025-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-29
appoint-person-secretary-company-with-name-date
officers · AP03
2024-01-29
resolution
resolution · RESOLUTIONS
2024-01-28
capital-name-of-class-of-shares
capital · SH08
2024-01-26
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-01-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-19