ANALYTICAL INSTRUMENT TUBE SYSTEMS LTD
🌳Matureactive
08293038 · ltd · incorporated 2012-11-14
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 6.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£45.9k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 33200
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
1 live charge · oldest 6.0y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 6.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
50 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 £45,946
Net assets shrinking
Down £10,227 YoY
Cash YoY
-15%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£164k
↓ 15% YoY
Net Worth
£46k
↓ 18% YoY
Current Assets
£463k
↑ 61% 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 | £324.8k | £143.1k |
| Current assets | £463.2k | £287.0k |
| Cash | £164.1k | £191.9k |
| Debtors | £151.2k | £65.1k |
| Net assets | £45.9k | £56.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2025-12-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-13➕FARNEN, Samantha appointeddirector
- 2025-01-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-01-13📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-08📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-10-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-08-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-04-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-03-29➖JONES, David Ian John resigneddirector
- 2023-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-10-05📄change-person-director-company-with-change-dateofficers · CH01
- 2021-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-06-19🔒Charge registered #1Lender: Hsbc UK Bank PLC
- 2019-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2013-11-17➕JONES, David Ian John appointeddirector
- 2012-11-14🏢Company incorporatedAs ANALYTICAL INSTRUMENT TUBE SYSTEMS LTD
- 2012-11-14➕FARNEN, Samantha appointedsecretary
- 2012-11-14➕FARNEN, Adam 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 Adam Farnen Individual · British · DOB 07/1975 · age 51 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Mr David Ian John Jonesceased 01/04/2024· 25-50% shares · 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · TF postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AIRMEC DESIGN LIMITED→ 04139640 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| ALLOY RAMPS LIMITED→ 13612381 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ALM ENGINEERING LTD→ 14777859 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALS FABS LIMITED→ 06983310 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ALVIC PLASTICS LIMITED→ 10270423 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AMPACET DISTRIBUTION UK LIMITED→ 08370130 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| AMPACET UK LIMITED→ 04868378 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| AMPLISERVE LIMITED→ 04590895 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ANDERTON AERO LIMITED→ 12207149 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ANGLERFISH INTERIORS LTD→ 15306951 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ANNA'S PROMOTIONAL SERVICES LTD→ 16671112 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANPAL LTD→ 05289871 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
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
Incorporated2012-11-14
Jurisdictionengland-wales
Primary SIC33200 — SIC 33200
Registered office
Unit 6 Stafford Park 12
Telford
Shropshire
TF3 3BJ
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-10
Last: 2025-09-26
Officers (3 active · 1 resigned)
Active
FARNEN, Adam→
Activedirector · ~51y · appointed 2012-11-14
View their other companies + combined net worth →
FARNEN, Samantha→
Activedirector · ~40y · appointed 2025-11-13
View their other companies + combined net worth →
JONES, David Ian John→
Resigneddirector · ~66y · appointed 2013-11-17 · resigned 2024-03-29
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 19/06/2020 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (50 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-02
appoint-person-director-company-with-name-date
officers · AP01
2025-11-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-13
change-person-director-company-with-change-date
officers · CH01
2025-01-13
change-person-secretary-company-with-change-date
officers · CH03
2024-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-03
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-12
termination-director-company-with-name-termination-date
officers · TM01
2024-04-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-25
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-11