CAST IRON RADIATORS LTD.
🌳Matureactive
07944809 · ltd · incorporated 2012-02-10
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 8.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£226.1k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 75/100 (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 (58/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 8.3y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 8.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (82/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
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 £226,076
Cash YoY
+30%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£25k
↑ 30% YoY
Net Worth
£226k
↑ 14% YoY
Current Assets
£407k
↓ 12% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £244.2k | £253.2k |
| Current assets | £406.7k | £461.3k |
| Cash | £25.3k | £19.4k |
| Debtors | £24.4k | £61.4k |
| Net assets | £226.1k | £198.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (22 events)Click to expand
- 2025-11-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-11-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-12-05📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-11-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-03-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-11-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-10-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-10-18🔒Charge registered #3Lender: Barclays Security Trustee Limited
- 2021-02-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-04-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-04-17🔒Charge registered #2Lender: Barclays Security Trustee Limited
- 2020-01-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-01-15🔓Charge satisfied #1
- 2019-11-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-11-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-03-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-03-09🔒Charge registered #1Lender: Skipton Business Finance Limited
- 2017-11-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-09-27📄change-person-director-company-with-change-dateofficers · CH01
- 2012-02-10🏢Company incorporatedAs CAST IRON RADIATORS LTD.
- 2012-02-10➕JEAL, Graham Frank appointeddirector
- 2012-02-10➕MESSENGER, David William appointeddirector
Owner dependency
63/100
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.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
49/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 14 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 David William Messenger Individual · British · DOB 10/1978 · age 48 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Graham Frank Jeal Individual · British · DOB 11/1976 · age 50 | 25–50% | — | 25-50% shares | 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
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|---|---|---|---|---|---|---|---|
| BLING YOUR BARK LIMITED→ 16236269 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BLUE OLIVINE LTD→ 16863657 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BOILER CARE (HULL) LIMITED→ 12429801 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| CARAVAN SUPPORT LTD→ 15010914 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CASTLES UK (MATTRESSES) LIMITED→ 06285726 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| CATAPOLT LIMITED→ 14778437 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CB SOLUTIONS U.K. LTD→ 03952893 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| CEEJAY UK LIMITED→ 04556555 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| CENEGEX TECHNOLOGIES LIMITED→ 13363782 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CENTRAL CYLINDER TESTING LIMITED→ 14427345 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CF EQUINE LTD→ 16635618 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CFM ELECTRICAL LIMITED→ 04784254 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
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
Incorporated2012-02-10
Jurisdictionengland-wales
Primary SIC32990 — Other manufacturing n.e.c.
Registered office
Cast Iron Radiators
Clarence Drive
Filey
North Yorkshire
YO14 0AA
England
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-24
Last: 2026-02-10
Officers (2 active · 0 resigned)
JEAL, Graham Frank→
Activedirector · ~50y · appointed 2012-02-10
View their other companies + combined net worth →
MESSENGER, David William→
Activedirector · ~48y · appointed 2012-02-10
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 18/10/2021 | — | |
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 17/04/2020 | — | |
| satisfied | Skipton Business Finance Skipton Business Finance Limited | A registered charge | 1 property | 09/03/2018 | 15/01/2020 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (36 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-11-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-11-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-10-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-04-22