MTL ADVANCED LTD
Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (70/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (85/100).
Refinance opportunity
9 live charges · 6 lenders · oldest 11.3y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 11.3 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: high (84/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Turnover | £50.83M | £48.13M |
| Gross profit | £12.67M | £11.07M |
| Operating profit | £5.64M | £4.67M |
| Profit before tax | £5.52M | £4.61M |
| Average employees | 30500 | 29500 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals 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
- • 1 officers
- • 1 officers
Corporate timeline (58 events)Click to expand
- 2026-03-30📄replacement-filing-of-director-appointment-with-nameofficers · RP01AP01
- 2025-09-30➖SEDGLEY, Andrew Barrington resignedsecretary
- 2025-09-30📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-07-22📄accounts-with-accounts-type-fullaccounts · AA
- 2024-10-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-08🔓Charge satisfied #9
- 2024-10-08🔓Charge satisfied #8
- 2024-08-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-08-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-08-20🔓Charge satisfied #7
- 2024-08-20🔓Charge satisfied #6
- 2024-08-12📄accounts-with-accounts-type-fullaccounts · AA
- 2024-08-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-08-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-08-07🔓Charge satisfied #5
- 2024-08-07🔓Charge satisfied #4
- 2024-05-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-30🔒Charge registered #9Lender: Comerica Bank
- 2023-07-10📄accounts-with-accounts-type-fullaccounts · AA
- 2023-06-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-16🔒Charge registered #8Lender: Comerica Bank, N.A.
- 2022-08-09📄accounts-with-accounts-type-fullaccounts · AA
- 2021-09-06📄accounts-with-accounts-type-fullaccounts · AA
- 2020-12-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-12-23➖WILD, Wayne Anthony resigneddirector
- 2020-09-18📄accounts-with-accounts-type-fullaccounts · AA
- 2020-04-21📄capital-alter-shares-consolidationcapital · SH02
- 2020-02-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-02-13🔓Charge satisfied #1
- 2019-11-19🔒Charge registered #7Lender: Lloyds Bank PLC
- 2019-03-18🔒Charge registered #6Lender: Lloyds Bank PLC
- 2019-03-18🔒Charge registered #5Lender: Lloyds Bank PLC
- 2019-03-18🔒Charge registered #4Lender: Lloyds Bank PLC
- 2018-07-18🔓Charge satisfied #3
- 2018-06-04➕SEDGLEY, Andrew Barrington appointedsecretary
- 2018-05-23➕TIERNEY, Wayne appointeddirector
- 2018-05-23➖MEREDITH, Christopher resigneddirector
- 2018-05-23➖ROBERTS, Andrew resigneddirector
- 2018-05-01➖KELLETT, Howard Lyndon resigneddirector
- 2018-05-01➕MEREDITH, Christopher appointeddirector
- 2018-05-01➕ROBERTS, Andrew appointeddirector
- 2018-05-01➖SHARP, Jamie John resigneddirector
- 2018-05-01➖STEWART, Karl Hepworth resigneddirector
- 2017-05-04🔓Charge satisfied #2
- 2016-11-23➕SHARP, Jamie John appointeddirector
- 2015-05-12🔒Charge registered #3Lender: National Westminster Bank PLC
- 2015-04-30➖BRADLEY, Darren Craig resigneddirector
- 2015-04-22🔒Charge registered #2Lender: Rbs Invoice Finance LTD
- 2015-02-23➕BRADLEY, Darren Craig appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Wec Group Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Wec Group Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/05/2018 |
3 historic (ceased) PSCs
- Burnhart Holdings Ltdceased 28/03/2019· 25-50% shares · 25-50% voting
- Mr James Stephen Hartleyceased 01/05/2018· 25-50% shares · 25-50% voting
- Mr Wayne Anthony Wildceased 01/05/2018· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · BB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A & K BESPOKE MANUFACTURING LTD→ 15151206 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A & M DISCOUNT FURNITURE LTD→ 15315931 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ACEWELL INSTALLATIONS LIMITED→ 04043946 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ACORN DOOR SYSTEMS LIMITED→ 03934046 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| ADVANCED CHEMICAL HOLDINGS LTD→ 11384083 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADVANCED COLOURS AND CHEMICALS LIMITED→ 07551180 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| ADVANIA GLOBAL LTD→ 12619060 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AGED TO PERFECTION UPHOLSTERY LIMITED→ 08492822 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| AGENDA BOXES & PACKAGING LTD→ 09479373 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| AGL SHEETMETAL LIMITED→ 17053119 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AHHH TRADING LTD LIMITED→ 14486768 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AHM PACKAGING LIMITED→ 04444643 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 9 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Comerica Bank | A registered charge | — | 30/04/2024 | 08/10/2024 | |
| satisfied | Comerica Bank, N.A. | A registered charge | — | 16/06/2023 | 08/10/2024 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 19/11/2019 | 20/08/2024 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 18/03/2019 | 20/08/2024 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 18/03/2019 | 07/08/2024 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 18/03/2019 | 07/08/2024 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 12/05/2015 | 18/07/2018 | |
| satisfied | NatWest Group Rbs Invoice Finance LTD | A registered charge | — | 22/04/2015 | 04/05/2017 | |
| satisfied | Burnhart Holdings Burnhart Holdings Limited | A registered charge | — | 23/02/2015 | 13/02/2020 |