ABLE STEELWORK & METALWORK LTD

🌳Matureactive
07595107 · ltd · incorporated 2011-04-07
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 Mar 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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
Confirmed no charges registered
85
Directors & officers
6 officers (2 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
72 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees800500

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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-07-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-04-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-02-18
    ➕
    THEODORE, Marie Louise appointed
    director
  5. 2025-02-17
    📄
    memorandum-articles
    incorporation · MA
  6. 2025-02-17
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2025-02-14
    📄
    capital-name-of-class-of-shares
    capital · SH08
  8. 2025-01-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2025-01-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2025-01-16
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2025-01-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2025-01-07
    ➖
    THEODORE, Amanda resigned
    secretary
  13. 2025-01-07
    ➖
    THEODORE, Amanda Jayne resigned
    director
  14. 2024-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2023-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2023-07-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2023-07-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2023-07-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2023-07-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2022-07-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2021-06-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2016-11-01
    ➕
    THEODORE, Amanda Jayne appointed
    director
  23. 2016-08-31
    ➕
    THEODORE, Ian Paul appointed
    director
  24. 2016-08-31
    ➕
    THEODORE, Amanda appointed
    secretary
  25. 2016-08-31
    ➖
    THEODORE, Adrian Paul resigned
    director
  26. 2016-08-31
    ➖
    THEODORE, Marie Louise resigned
    director
  27. 2011-04-07
    🏢
    Company incorporated
    As ABLE STEELWORK & METALWORK LTD
  28. 2011-04-07
    ➕
    THEODORE, Adrian Paul appointed
    director
  29. 2011-04-07
    ➕
    THEODORE, Marie Louise appointed
    director

Owner dependency

74/100
High — earn-out structure required

Material 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 61 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ian Paul Theodore
Individual · British · DOB 02/1980 · age 46
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016
2 historic (ceased) PSCs
  • Mrs Amanda Theodoreceased 07/01/2025· 25-50% shares · 25-50% voting
  • Mrs Amanda Theodoreceased 08/04/2018· 25-50% shares · 25-50% voting

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 →

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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
Incorporated2011-04-07
Jurisdictionengland-wales
Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

2 Communications Road
Greenham Business Park
Newbury
Berkshire
RG19 6AB
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-18
Last: 2026-04-04

Officers (2 active · 4 resigned)

THEODORE, Ian Paul→
director · ~46y · appointed 2016-08-31
View their other companies + combined net worth →
Active
THEODORE, Marie Louise→
director · ~61y · appointed 2025-02-18
View their other companies + combined net worth →
Active
THEODORE, Amanda→
secretary · appointed 2016-08-31 · resigned 2025-01-07
Resigned
THEODORE, Adrian Paul→
director · ~73y · appointed 2011-04-07 · resigned 2016-08-31
Resigned
THEODORE, Amanda Jayne→
director · ~47y · appointed 2016-11-01 · resigned 2025-01-07
Resigned
THEODORE, Marie Louise→
director · ~61y · appointed 2011-04-07 · resigned 2016-08-31
Resigned

Click a director name to see their full track record across all companies.

Recent filings (72 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-04
appoint-person-director-company-with-name-date
officers · AP01
2025-04-04
memorandum-articles
incorporation · MA
2025-02-17
resolution
resolution · RESOLUTIONS
2025-02-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-14
capital-name-of-class-of-shares
capital · SH08
2025-02-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-16
termination-secretary-company-with-name-termination-date
officers · TM02
2025-01-16
termination-director-company-with-name-termination-date
officers · TM01
2025-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19