AEROTECH ABRASIVES GROUP LIMITED
🌳Matureactive
09331843 · ltd · incorporated 2014-11-28
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 Apr 2025
Net worth
£2.2k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 46620
Sector: Wholesale & retail
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 78/100 (strong), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 10.2y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 10.2 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £2,243
Net assets shrinking
Down £3,944 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
£2k
Net Worth
£2k
↓ 64% YoY
Current Assets
£600k
↑ 47% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £103.5k | £55.4k |
| Current assets | £599.7k | £409.2k |
| Cash | £2.3k | — |
| Debtors | £371.5k | — |
| Net assets | £2.2k | £6.2k |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2026-01-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-11-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-01➖ELLIS, Rhoda Patricia resigneddirector
- 2025-08-13📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-13📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-13📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-13📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-06-03➕ELLIS, Nathan appointeddirector
- 2025-06-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-19🔓Charge satisfied #3
- 2024-09-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-16🔒Charge registered #4Lender: Skipton Business Finance Limited
- 2024-07-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-30🔓Charge satisfied #2
- 2024-01-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-01-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-09-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-07-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-11🔒Charge registered #3Lender: Hsbc UK Bank PLC
- 2018-01-04🔓Charge satisfied #1
- 2017-11-16🔒Charge registered #2Lender: Marketinvoice Limited
- 2016-03-21🔒Charge registered #1Lender: Hsbc Bank PLC
- 2014-11-28🏢Company incorporatedAs AEROTECH ABRASIVES GROUP LIMITED
- 2014-11-28➕ELLIS, Lloyd appointeddirector
- 2014-11-28➕ELLIS, Timothy Richard appointeddirector
- 2014-11-28➕ELLIS, Rhoda Patricia 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
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Lloyd Ellis Individual · British · DOB 02/1987 · age 39 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 27/09/2021 |
Mr Timothy Richard Ellis Individual · British · DOB 08/1963 · age 63 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
1 historic (ceased) PSC
- Ms Rhoda Patricia Ellisceased 10/02/2023· 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 →Similar companies
Active · Wholesale & distribution · LS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 39F LIMITED→ 15122518 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A C SMITH METALS LTD→ 15266622 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AB CASH N CARRY LTD→ 16703509 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AB PHARMA SOLUTIONS LTD→ 15331237 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABRACS LIMITED→ 03721755 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| ADVANTAGE FIBRES INTERNATIONAL LIMITED→ 06511565 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| AFRA EUROPE LTD→ 16102086 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AFRICAN DELIGHT AFRO-CARRIBEAN LTD→ 16821089 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AFRO GEN LTD→ 13341864 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AGABOS LTD→ 16126309 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AGWORLDWIDE LTD→ 11821282 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AH WHOLESALE YORKSHIRE LTD→ 16088468 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2014-11-28
Jurisdictionengland-wales
Primary SIC46620 — SIC 46620
Registered office
Unit 710 Street 3
Thorp Arch Estate
Wetherby
LS23 7FF
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-08-27
Last: 2025-08-13
Officers (3 active · 1 resigned)
ELLIS, Lloyd→
Activedirector · ~39y · appointed 2014-11-28
View their other companies + combined net worth →
ELLIS, Nathan→
Activedirector · ~32y · appointed 2025-06-03
View their other companies + combined net worth →
ELLIS, Timothy Richard→
Activedirector · ~63y · appointed 2014-11-28
View their other companies + combined net worth →
ELLIS, Rhoda Patricia→
Resigneddirector · ~62y · appointed 2014-11-28 · resigned 2025-10-01
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Skipton Business Finance Skipton Business Finance Limited | A registered charge | 1 property | 16/09/2024 | — | |
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 11/08/2020 | 19/09/2024 | |
| satisfied | MarketInvoice Marketinvoice Limited | A registered charge | — | 16/11/2017 | 30/07/2024 | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 21/03/2016 | 04/01/2018 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (42 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-01-20
termination-director-company-with-name-termination-date
officers · TM01
2025-11-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-13
change-person-director-company-with-change-date
officers · CH01
2025-08-13
change-person-director-company-with-change-date
officers · CH01
2025-08-13
change-person-director-company-with-change-date
officers · CH01
2025-08-13
change-person-director-company-with-change-date
officers · CH01
2025-08-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-13
appoint-person-director-company-with-name-date
officers · AP01
2025-06-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-13
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-16
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-30