ADVANCED GATE-TEC LTD

💤Zombieactive
09755859 · ltd · incorporated 2015-09-01
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
Why now
Window steady · medium confidence
Mixed signals — 1 changes over 30 days, no clear direction yet.
  • · Filings: 22 → 23
What changed my view
Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

  • Filings: 2223
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Sept 2025
Net worth
£55.5k
book net assets
Opportunity
74/100
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: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 3.4y

35/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Charge age ~3.4 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
23 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 £55,544
Net assets shrinking
Down £6,884 YoY

Key financials

3 years extracted from filed iXBRL accounts
Cash
Net Worth
£56k
↓ 11% YoY
Current Assets
£89k
↓ 12% YoY
Current Liabilities
£0£24k£48k£72k£96k£121kSept 2023Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-302023-09-30
Total assets£69.6k£86.7k£111.3k
Current assets£89.3k£102.0k£120.6k
Net assets£55.5k£62.4k£71.6k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-08-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-02-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2023-02-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-02-21
    🔒
    Charge registered #1
    Lender: Dbw Investments (10) Limited
  7. 2022-07-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-10-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-06-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-07-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-02-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2017-05-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-09-01
    🏢
    Company incorporated
    As ADVANCED GATE-TEC LTD
  15. 2015-09-01
    LEWIS, Jonathan David appointed
    director
  16. 2015-09-01
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

50/100
Moderate signal

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

SIGNALS
  • 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Johnathan David Lewis
Individual · Welsh · DOB 09/1984 · age 42
75100%
75-100% shares31/08/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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.

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Company details

Statusactive
Typeltd
Incorporated2015-09-01
Jurisdictionwales
Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

Cyfarthfa Lane
Cyfarthfa Road
Merthyr Tydfil
CF48 1BS
Wales

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-09-14
Last: 2025-08-31

Officers (1 active · 0 resigned)

LEWIS, Jonathan David
director · ~42y · appointed 2015-09-01
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Dbw Investments (10)
Dbw Investments (10) Limited
A registered charge2 properties21/02/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (23 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-05
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-27
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-06
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-30
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-30