DANIELS STEEL (DEVON) LIMITED
Opportunity 69/100 (strong), bankability 77/100. High owner-dependency — earn-out structure likely required for clean transition. 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: share sale to pe / searcher (58/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 9.8y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.8 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (74/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 |
|---|---|
| Total assets | £2.67M |
| Current assets | £2.91M |
| Cash | £29.4k |
| Debtors | £2.86M |
| Net assets | £2.66M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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
- • 1 address
- • 2 mortgage
- • 1 address
- • 1 change-of-name
Corporate timeline (28 events)Click to expand
- 2026-06-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-03-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-24🔓Charge satisfied #3
- 2026-03-24🔓Charge satisfied #2
- 2026-01-27✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2025-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-02📄accounts-with-accounts-type-fullaccounts · AA
- 2023-12-21📄accounts-with-accounts-type-fullaccounts · AA
- 2023-01-04📄accounts-with-accounts-type-fullaccounts · AA
- 2021-12-28📄change-person-director-company-with-change-dateofficers · CH01
- 2021-10-20📄accounts-with-accounts-type-fullaccounts · AA
- 2020-12-21📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2020-11-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-06-13🔓Charge satisfied #1
- 2020-06-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-05-27🔒Charge registered #3Lender: National Westminster Bank PLC
- 2020-05-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-05-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-08-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-17➖TAYLOR, Daniel Charles resigneddirector
- 2018-10-17🔒Charge registered #2Lender: Rbs Invoice Finance LTD
- 2016-10-06🔒Charge registered #1Lender: Rbs Invoice Finance Limited
- 2016-07-07➕DANIELS, Philip Michael appointeddirector
- 2015-07-07🏢Company incorporatedAs DANIELS STEEL (DEVON) LIMITED
- 2015-07-07➕TAYLOR, Daniel Charles appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "DANIELS" — strong identity link between founder and business.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2026-01-27: certificate-change-of-name-company
Group structure
Genesis Steel (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Genesis Steel (Holdings) Limited Corporate entity | 75–100% | — | 75-100% shares | 17/10/2018 |
1 historic (ceased) PSC
- Mr Daniel Charles Taylorceased 17/10/2018· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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|---|---|---|---|---|---|---|---|
| FIRST INTERIORS BATHROOMS LTD→ 11884387 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
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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 →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
Registered office
Filing status
Officers (1 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 27/05/2020 | 24/03/2026 | |
| satisfied | NatWest Group Rbs Invoice Finance LTD | A registered charge | — | 17/10/2018 | 24/03/2026 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | A registered charge | — | 06/10/2016 | 13/06/2020 |