CRANE RADIATORS LTD

🌳Matureactive
08804091 · ltd · incorporated 2013-12-05
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 Dec 2024
Net worth
£90.9k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: SIC 25210
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 74/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 8.3y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 8.3 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

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
3 officers (3 active, 3 linked, 2 with DOB)
83
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
32 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
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £90,897

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£91k
↑ 39% YoY
Current Assets
£113k
↑ 14% YoY
Current Liabilities
£0£23k£45k£68k£91k£113kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£102.9k£85.2k
Current assets£113.3k£99.6k
Net assets£90.9k£65.2k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-03-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2021-10-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2021-10-18
    🔒
    Charge registered #3
    Lender: Barclays Security Trustee Limited
  8. 2021-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-06-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2020-06-03
    🔒
    Charge registered #2
    Lender: Hsbc UK Bank PLC
  12. 2020-01-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2020-01-15
    🔓
    Charge satisfied #1
  14. 2019-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-03-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2018-03-09
    🔒
    Charge registered #1
    Lender: Skipton Business Finance Limited
  18. 2017-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2017-09-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2013-12-05
    🏢
    Company incorporated
    As CRANE RADIATORS LTD
  21. 2013-12-05
    JEAL, Graham appointed
    secretary
  22. 2013-12-05
    JEAL, Graham Frank appointed
    director
  23. 2013-12-05
    MESSENGER, David William appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

49/100
Moderate signal

Some 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 13 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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
Mr Graham Frank Jeal
Individual · British · DOB 11/1976 · age 50
2550%
25-50% shares06/04/2016
Mr David William Messenger
Individual · British · DOB 10/1978 · age 48
2550%
25-50% shares06/04/2016

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 →

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🔒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
Incorporated2013-12-05
Jurisdictionengland-wales
Primary SIC25210 — SIC 25210

Registered office

Crane Radiators Limited
Clarence Drive
Filey
North Yorkshire
YO14 0AA
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-19
Last: 2025-12-05

Officers (3 active · 0 resigned)

JEAL, Graham
secretary · appointed 2013-12-05
View their other companies + combined net worth →
Active
JEAL, Graham Frank
director · ~50y · appointed 2013-12-05
View their other companies + combined net worth →
Active
MESSENGER, David William
director · ~48y · appointed 2013-12-05
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Barclays
Barclays Security Trustee Limited
A registered charge18/10/2021
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property03/06/2020
satisfied
Skipton Business Finance
Skipton Business Finance Limited
A registered charge1 property09/03/201815/01/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (32 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-19
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-10-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-26
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-06-04