DIRECT SPECIAL METALS LTD
🌳Matureactive
08382648 · ltd · incorporated 2013-01-31
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 39000
Sector: Water supply & waste
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 72/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (50/100).
🏦
Refinance opportunity
10 live charges · 8 lenders · oldest 13.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 13.1 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (84/100)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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
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 · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 45 | 400 |
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
4
filings
- • 1 confirmation-statement
- • 1 officers
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (48 events)Click to expand
- 2026-01-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-12-19➖DENTON, James resigneddirector
- 2025-12-19🔒Charge registered #10Lender: Independent Security Trustee Limited
- 2024-12-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-09-05➕HOLLEY, Anthony Stuart appointeddirector
- 2024-05-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-22➕CREWE, Ian appointeddirector
- 2024-05-22➕DENTON, James appointeddirector
- 2024-04-14📄memorandum-articlesincorporation · MA
- 2024-04-14📄resolutionresolution · RESOLUTIONS
- 2024-04-14📄resolutionresolution · RESOLUTIONS
- 2024-04-14📄memorandum-articlesincorporation · MA
- 2024-04-14📄resolutionresolution · RESOLUTIONS
- 2024-04-14📄resolutionresolution · RESOLUTIONS
- 2024-04-14📄resolutionresolution · RESOLUTIONS
- 2024-04-14📄memorandum-articlesincorporation · MA
- 2024-04-14📄memorandum-articlesincorporation · MA
- 2024-04-14📄memorandum-articlesincorporation · MA
- 2024-04-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-03-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-28🔓Charge satisfied #8
- 2024-03-28🔓Charge satisfied #6
- 2024-03-27🔒Charge registered #9Lender: Independent Security Trustee Limited
- 2024-02-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-04➖REYNOLDS, Scott James resigneddirector
- 2022-12-06🔒Charge registered #8Lender: Mitsubishi Hc Capital UK PLC
- 2022-10-05🔓Charge satisfied #7
- 2019-10-18🔓Charge satisfied #4
- 2019-10-18🔓Charge satisfied #3
- 2018-12-14🔓Charge satisfied #2
- 2018-11-30🔒Charge registered #7Lender: Rbs Invoice Finance LTD
- 2018-07-24🔓Charge satisfied #5
- 2018-07-12🔒Charge registered #6Lender: National Westminster Bank PLC
- 2016-11-30🔒Charge registered #5Lender: Santander Asset Finance PLC
- 2016-11-16🔓Charge satisfied #1
- 2015-05-15🔒Charge registered #4Lender: Lloyds Bank Commercial Finance LTD
- 2015-02-11🔒Charge registered #3Lender: Lloyds Bank PLC
- 2015-01-07🔒Charge registered #2Lender: Lloyds Bank PLC
- 2013-05-07🔒Charge registered #1Lender: Barclays Bank PLC
- 2013-01-31🏢Company incorporatedAs DIRECT SPECIAL METALS LTD
- 2013-01-31➕HARTLEY, Matthew Paul appointeddirector
- 2013-01-31➕REYNOLDS, Scott James appointeddirector
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
43/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondary12+ year tenure: Director in role 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Direct Special Metals Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Direct Special Metals Holdings Ltd
Corporate parent · holds 75-100% shares
⬇
DIRECT SPECIAL METALS LTD
This company · 08382648
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 |
|---|---|---|---|---|
Direct Special Metals Holdings Ltd Corporate entity | 75–100% | — | 75-100% shares | 03/10/2016 |
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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|---|---|---|---|---|---|---|---|
| ANDINA ENERGIES PLC→ 08095058 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
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| DIXON SKIP HIRE LIMITED→ 09046975 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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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
Incorporated2013-01-31
Jurisdictionengland-wales
Primary SIC39000 — SIC 39000
Registered office
Dsm Building
Garter Street
Sheffield
S4 7QX
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-14
Last: 2026-01-31
Officers (3 active · 2 resigned)
Active
HARTLEY, Matthew Paul→
Activedirector · ~42y · appointed 2013-01-31
View their other companies + combined net worth →
HOLLEY, Anthony Stuart→
Activedirector · ~45y · appointed 2024-09-05
View their other companies + combined net worth →
DENTON, James→
Resigneddirector · ~48y · appointed 2024-05-22 · resigned 2025-12-19
REYNOLDS, Scott James→
Resigneddirector · ~49y · appointed 2013-01-31 · resigned 2024-01-04
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
2
Outstanding
1
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Independent Security Trustee Independent Security Trustee Limited | A registered charge | 1 property | 19/12/2025 | — | |
| outstanding | Independent Security Trustee Independent Security Trustee Limited | A registered charge | 1 property | 27/03/2024 | — | |
| satisfied | Mitsubishi Hc Capital UK Mitsubishi Hc Capital UK PLC | A registered charge | 1 property | 06/12/2022 | 28/03/2024 | |
| satisfied | NatWest Group Rbs Invoice Finance LTD | A registered charge | — | 30/11/2018 | 05/10/2022 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 12/07/2018 | 28/03/2024 | |
| satisfied | Santander Santander Asset Finance PLC | A registered charge | 1 property | 30/11/2016 | 24/07/2018 | |
| satisfied | Lloyds Banking Group Lloyds Bank Commercial Finance LTD | A registered charge | — | 15/05/2015 | 18/10/2019 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 11/02/2015 | 18/10/2019 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 07/01/2015 | 14/12/2018 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 07/05/2013 | 16/11/2016 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (67 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-10
termination-director-company-with-name-termination-date
officers · TM01
2026-01-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-10
appoint-person-director-company-with-name-date
officers · AP01
2024-09-06
appoint-person-director-company-with-name-date
officers · AP01
2024-05-25
appoint-person-director-company-with-name-date
officers · AP01
2024-05-25
memorandum-articles
incorporation · MA
2024-04-14
resolution
resolution · RESOLUTIONS
2024-04-14
resolution
resolution · RESOLUTIONS
2024-04-14
memorandum-articles
incorporation · MA
2024-04-14
resolution
resolution · RESOLUTIONS
2024-04-14
resolution
resolution · RESOLUTIONS
2024-04-14