AIG FABRICATIONS LTD

🌳Matureactive
08472183 · ltd · incorporated 2013-04-03
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 Jul 2025
Net worth
£48.2k
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (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 (73/100).

Data confidence

Overall: high (80/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £48,172
Cash YoY
-13%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£8k
↓ 13% YoY
Net Worth
£48k
↑ 67% YoY
Current Assets
£188k
↑ 31% YoY
Current Liabilities
£0£38k£75k£113k£150k£188kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31
Total assets£48.2k£28.9k
Current assets£187.6k£143.7k
Cash£7.5k£8.7k
Debtors£180.1k£134.2k
Net assets£48.2k£28.9k

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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-09
    GRAY, Andrew Ian resigned
    director
  4. 2023-12-09
    GRAY, Jennifer resigned
    director
  5. 2023-12-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-12-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2023-12-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2023-12-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2023-12-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2023-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-02-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-04-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2022-04-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2022-01-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-11-12
    📄
    capital-allotment-shares
    capital · SH01
  16. 2021-11-12
    📄
    capital-allotment-shares
    capital · SH01
  17. 2021-11-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2021-11-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2021-06-01
    WATERWORTH, Fiona Louise appointed
    director
  20. 2021-06-01
    WATERWORTH, Kevin Martin appointed
    director
  21. 2021-01-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2020-10-16
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  23. 2013-04-17
    GRAY, Jennifer appointed
    director
  24. 2013-04-03
    🏢
    Company incorporated
    As AIG FABRICATIONS LTD
  25. 2013-04-03
    GRAY, Andrew Ian appointed
    director

Owner dependency

74/100
High — earn-out structure required

Material 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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mrs Fiona Louise Waterworth
Individual · British · DOB 02/1968 · age 58
2550%
25–50%25-50% shares · 25-50% voting01/01/2022
Mr Kevin Martin Waterworth
Individual · British · DOB 06/1968 · age 58
2550%
25–50%25-50% shares · 25-50% voting01/01/2022
2 historic (ceased) PSCs
  • Andrew Ian Grayceased 09/12/2023· 25-50% shares · 25-50% voting
  • Mrs Jennifer Grayceased 09/12/2023· 25-50% shares · 25-50% voting

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 →

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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
Incorporated2013-04-03
Jurisdictionengland-wales
Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

Orchard Works
Spenvale Street
Heckmondwike
West Yorkshire
WF16 0NQ

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-04-17
Last: 2026-04-03

Officers (2 active · 2 resigned)

WATERWORTH, Fiona Louise
director · ~58y · appointed 2021-06-01
View their other companies + combined net worth →
Active
WATERWORTH, Kevin Martin
director · ~58y · appointed 2021-06-01
View their other companies + combined net worth →
Active
GRAY, Andrew Ian
director · ~69y · appointed 2013-04-03 · resigned 2023-12-09
Resigned
GRAY, Jennifer
director · ~70y · appointed 2013-04-17 · resigned 2023-12-09
Resigned

Click a director name to see their full track record across all companies.

Recent filings (39 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-16
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-12-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-12-09
termination-director-company-with-name-termination-date
officers · TM01
2023-12-09
termination-director-company-with-name-termination-date
officers · TM01
2023-12-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-07
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-04-28