ARMAK LTD
🌳Matureactive
09342759 · ltd · incorporated 2014-12-05
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 Dec 2024
Net worth
£417.5k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 28131
Sector: Manufacturing
Investor take
PursueAsset-holding vehicle with a 92-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 92). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (79/100)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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
24 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 · accounting standard not declaredPositive net assets
Net assets £417,527
Cash YoY
+57%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£334k
↑ 57% YoY
Net Worth
£418k
↑ 72% YoY
Current Assets
£600k
↑ 103% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £417.5k | £242.9k |
| Current assets | £599.5k | £294.8k |
| Cash | £333.7k | £211.9k |
| Debtors | £265.1k | £52.2k |
| Net assets | £417.5k | £242.9k |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2025-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-12-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-09-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-12-05🏢Company incorporatedAs ARMAK LTD
- 2014-12-05➕KRISCH, Wolfram appointeddirector
- 2014-12-05➕MARKHAM, Tony appointeddirector
- 2014-12-05📄incorporation-companyincorporation · NEWINC
Owner dependency
78/100
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.
- +Founder age: Director aged approximately 92 — succession pressure is live.
- +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
71/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 92 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Wolfram Krisch Individual · German · DOB 03/1934 · age 92 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mrs Gillian Anne Markham Individual · British · DOB 10/1954 · age 72 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mr Tony Markhamceased 06/12/2019· 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 · Manufacturing · HU postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A-TEC SERVICES (HUMBER) LIMITED→ 09847093 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AIR CORP GLOBAL LIMITED→ 14583787 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALLAM GENERATORS LIMITED→ 05620647 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ALS (HULL) LTD→ 15593796 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ANTI VANDAL CABINS HULL LIMITED→ 15669357 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| APROLIS UK LIMITED→ 02550150 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| ARH MODULAR HOMES LTD→ 10902590 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ARH PORTABLE BUILDINGS LIMITED→ 15258123 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARMITAGE SHANKS LTD→ 04864346 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ARMSTRONG HYDRAULIC SERVICES (HULL) LIMITED→ 01972403 · est 1985 · no financials extracted | — | — | — | — | 40y | — | — |
| ART OF WORK PRINTING LTD→ 16732153 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ART STONE INTERNATIONAL UK LTD→ 16145777 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2014-12-05
Jurisdictionengland-wales
Primary SIC28131 — SIC 28131
Registered office
Alexandra House
English Street
Hull
HU3 2DJ
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10
Officers (2 active · 0 resigned)
KRISCH, Wolfram→
Activedirector · ~92y · appointed 2014-12-05
View their other companies + combined net worth →
MARKHAM, Tony→
Activedirector · ~62y · appointed 2014-12-05
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (24 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-12-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-19