DIRECT SPECIAL METALS HOLDINGS LTD

🌳Matureactive

09773887 · ltd · incorporated 2015-09-11

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 Mar 2025

Net worth

—

book net assets

Opportunity

72/100

Strong

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What this business does

Primary activity: Activities of head offices

Sector: Professional, scientific & technical

Investor take

Pursue

Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 72/100 (strong), bankability 67/100. 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: strategic trade sale (63/100).

🏦

Refinance opportunity

9 live charges · 4 lenders · oldest 9.4y

35/100

too messy

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

· Oldest live charge is 9.4 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 (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

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

9 charges (9/9 with lender, 9/9 with type)

Directors & officers

5 officers (3 active, 5 linked, 5 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

17 connected companies via shared directors

Filing history

59 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Average employees	4	200

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

🔒Filing-note intelligence

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

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

• 1 confirmation-statement
• 1 officers
• 1 mortgage

Counts from Companies House filing history.

Corporate timeline (46 events)Click to expand

2026-01-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-01-05
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-19
➖
DENTON, James resigned
director
2025-12-19
🔒
Charge registered #9
Lender: Independent Security Trustee Limited
2024-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-09-05
➕
HOLLEY, Anthony Stuart appointed
director
2024-05-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-05-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-05-22
➕
CREWE, Ian appointed
director
2024-05-22
➕
DENTON, James appointed
director
2024-04-18
📄
memorandum-articles
incorporation · MA
2024-04-18
📄
resolution
resolution · RESOLUTIONS
2024-04-14
📄
memorandum-articles
incorporation · MA
2024-04-14
📄
resolution
resolution · RESOLUTIONS
2024-04-14
📄
resolution
resolution · RESOLUTIONS
2024-04-07
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-04-07
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-04
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-28
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-28
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-28
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-28
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-28
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-28
🔓
Charge satisfied #7
2024-03-28
🔓
Charge satisfied #6
2024-03-28
🔓
Charge satisfied #5
2024-03-28
🔓
Charge satisfied #4
2024-03-28
🔓
Charge satisfied #3
2024-03-27
🔒
Charge registered #8
Lender: Independent Security Trustee Limited
2024-02-07
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-01-04
➖
REYNOLDS, Scott James resigned
director
2022-12-01
🔒
Charge registered #7
Lender: Mitsubishi Hc Capital UK PLC
2019-10-18
🔓
Charge satisfied #2
2018-07-31
🔒
Charge registered #6
Lender: National Westminster Bank PLC
2018-07-31
🔒
Charge registered #5
Lender: National Westminster Bank PLC
2018-07-31
🔒
Charge registered #4
Lender: National Westminster Bank PLC
2018-07-12
🔒
Charge registered #3
Lender: National Westminster Bank PLC
2018-04-03
🔓
Charge satisfied #1
2018-03-20
🔒
Charge registered #2
Lender: Cambridge & Counties Bank Limited
2017-01-04
🔒
Charge registered #1
Lender: Cambridge & Counties Bank Limited
2015-09-11
🏢
Company incorporated
As DIRECT SPECIAL METALS HOLDINGS LTD
2015-09-11
➕
HARTLEY, Matthew Paul appointed
director
2015-09-11
➕
REYNOLDS, Scott James appointed
director

Owner dependency

50/100

Moderate — manageable with handover

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

Succession & seller-readiness

35/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

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

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Direct Special Metals Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Direct Special Metals Group Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

DIRECT SPECIAL METALS HOLDINGS LTD

This company · 09773887

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
Direct Special Metals Group Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	27/03/2024

2 historic (ceased) PSCs

Mr Matthew Paul Hartleyceased 27/03/2024· 25-50% shares
Mr Scott Reynoldsceased 04/01/2024· 25-50% shares

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

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Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
5J ACCOUNTANTS AND CONSULTANTS LTD→ 14250259 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
A & B LAW LTD→ 15767947 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
AA CONSTRUCTION SUPPORT SOLUTIONS LIMITED→ 11238502 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
AB COPYWRITING LTD→ 15487657 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
ABBEY LANE ESTATE PLANNING LIMITED→ 11509061 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
ABBEY TAYLOR GROUP LIMITED→ 10805444 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
ABBEY VETERINARY SALES LIMITED→ 07585850 · est 2011 · no financials extracted	—	—	—	—	15y	—	—
ABC ACCOUNTING AND BOOKKEEPING COMPANY LTD→ 12298320 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
ABC TEACHERS LIMITED→ 05480764 · est 2005 · no financials extracted	—	—	—	—	20y	—	—
ABCO SEALS HOLDINGS LIMITED→ 05423342 · est 2005 · no financials extracted	—	—	—	—	21y	—	—
ABCOM CONSULTING LTD→ 12247857 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
ABEX SOLUTIONS LTD→ 14521841 · est 2022 · no financials extracted	—	—	—	—	3y	—	—

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

Incorporated2015-09-11

Jurisdictionengland-wales

Primary SIC70100 — Activities of head offices

Registered office

Dsm Building

Garter Street

Sheffield

S4 7QX

England

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-02-21

Last: 2026-02-07

Officers (3 active · 2 resigned)

CREWE, Ian→

director · ~50y · appointed 2024-05-22

View their other companies + combined net worth →

Active

HARTLEY, Matthew Paul→

director · ~42y · appointed 2015-09-11

View their other companies + combined net worth →

Active

HOLLEY, Anthony Stuart→

director · ~45y · appointed 2024-09-05

View their other companies + combined net worth →

Active

DENTON, James→

director · ~48y · appointed 2024-05-22 · resigned 2025-12-19

Resigned

REYNOLDS, Scott James→

director · ~49y · appointed 2015-09-11 · resigned 2024-01-04

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:9 of 9 shown

		Type	Properties
outstanding	Independent Security Trustee Independent Security Trustee Limited	A registered charge	6 properties	19/12/2025	—
outstanding	Independent Security Trustee Independent Security Trustee Limited	A registered charge	3 properties	27/03/2024	—
satisfied	Mitsubishi Hc Capital UK Mitsubishi Hc Capital UK PLC	A registered charge	1 property	01/12/2022	28/03/2024
satisfied	National Westminster Bank National Westminster Bank PLC	A registered charge	1 property	31/07/2018	28/03/2024
satisfied	National Westminster Bank National Westminster Bank PLC	A registered charge	2 properties	31/07/2018	28/03/2024
satisfied	National Westminster Bank National Westminster Bank PLC	A registered charge	1 property	31/07/2018	28/03/2024
satisfied	National Westminster Bank National Westminster Bank PLC	A registered charge	—	12/07/2018	28/03/2024
satisfied	Cambridge & Counties Cambridge & Counties Bank Limited	A registered charge	3 properties	20/03/2018	18/10/2019
satisfied	Cambridge & Counties Cambridge & Counties Bank Limited	A registered charge	2 properties	04/01/2017	03/04/2018

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (59 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-02-10

termination-director-company-with-name-termination-date

officers · TM01

2026-01-09

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2026-01-05

accounts-with-accounts-type-micro-entity

accounts · AA

2025-12-31

confirmation-statement-with-updates

confirmation-statement · CS01

2025-02-20

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-12-23

appoint-person-director-company-with-name-date

officers · AP01

2024-09-06

appoint-person-director-company-with-name-date

officers · AP01

2024-05-25

appoint-person-director-company-with-name-date

officers · AP01

2024-05-25

memorandum-articles

incorporation · MA

2024-04-18

resolution

resolution · RESOLUTIONS

2024-04-18

memorandum-articles

incorporation · MA

2024-04-14

resolution

resolution · RESOLUTIONS

2024-04-14

resolution

resolution · RESOLUTIONS

2024-04-14

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC02

2024-04-07