EVOLUTION PAINT WORKS LTD
🌳Matureactive
08143312 · ltd · incorporated 2012-07-13
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 Jul 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 33190
Sector: Manufacturing
ALSO REGISTERED FOR
- 45200SIC 45200
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (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).
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 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 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | — | £173.7k |
| Current assets | — | £183.8k |
| Cash | — | £138.1k |
| Debtors | — | £45.6k |
| Net assets | — | £139.3k |
| Average employees | 500 | — |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2025-10-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-11-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-12-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-10-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-04-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-02-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-04-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-04-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-04-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-04-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2017-04-13📄capital-allotment-sharescapital · SH01
- 2017-04-13📄capital-allotment-sharescapital · SH01
- 2017-01-13📄change-person-director-company-with-change-dateofficers · CH01
- 2016-09-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-09-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2016-01-04➕DICKINSON, Louise appointeddirector
- 2012-08-23➕DICKINSON, Iain William appointeddirector
- 2012-08-23➖DICKINSON, William Robert resignedsecretary
- 2012-08-23➖DICKINSON, Andrew Robert resigneddirector
- 2012-08-23➖DICKINSON, Iain William resigneddirector
- 2012-08-16➖BOHACZEWSKYJ, Lee resigneddirector
- 2012-08-16➕DICKINSON, Andrew Robert appointeddirector
- 2012-08-07➕DICKINSON, William Robert appointedsecretary
- 2012-07-13🏢Company incorporatedAs EVOLUTION PAINT WORKS LTD
- 2012-07-13➕BOHACZEWSKYJ, Lee appointeddirector
- 2012-07-13➕DICKINSON, Iain William appointeddirector
Owner dependency
66/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Iain William Dickinson Individual · British · DOB 07/1985 · age 41 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| FETTLE LTD→ 14081935 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| FINE WOOD KITCHENS LIMITED→ 14326415 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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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
Incorporated2012-07-13
Jurisdictionengland-wales
Primary SIC33190 — SIC 33190
Registered office
Units 4/7 Leabank Road Leabank Road
Kingstown Industrial Estate
Carlisle
CA3 0HB
United Kingdom
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-11-03
Last: 2025-10-20
Officers (2 active · 4 resigned)
DICKINSON, Iain William→
Activedirector · ~41y · appointed 2012-08-23
View their other companies + combined net worth →
DICKINSON, Louise→
Activedirector · ~44y · appointed 2016-01-04
View their other companies + combined net worth →
DICKINSON, William Robert→
Resignedsecretary · appointed 2012-08-07 · resigned 2012-08-23
BOHACZEWSKYJ, Lee→
Resigneddirector · ~45y · appointed 2012-07-13 · resigned 2012-08-16
DICKINSON, Andrew Robert→
Resigneddirector · ~44y · appointed 2012-08-16 · resigned 2012-08-23
DICKINSON, Iain William→
Resigneddirector · ~41y · appointed 2012-07-13 · resigned 2012-08-23
Click a director name to see their full track record across all companies.
Recent filings (42 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-10-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-20
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-15