AIP WELDING SUPPLIES LIMITED

💤Zombieactive
09791680 · ltd · incorporated 2015-09-23
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.
🔒Estimated value
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Turnover
year to Oct 2024
Net worth
£-90.9k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 75/100 (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: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

2 live charges · oldest 1.1y

10/100
under pressure

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

  • · Newest facility, 1.1 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
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
Negative net assets
Liabilities exceed assets by £90,864
Net assets shrinking
Down £92,551 YoY
Cash YoY
+9%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£27k
↑ 9.3% YoY
Net Worth
-£91k
↓ 5486% YoY
Current Assets
£338k
↑ 31% YoY
Current Liabilities
-£91k-£5k£81k£167k£252k£338kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£-90.9k£1.7k
Current assets£338.2k£259.0k
Cash£26.7k£24.4k
Debtors£163.6k£88.1k
Net assets£-90.9k£1.7k

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 (25 events)Click to expand
  1. 2025-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-05-14
    🔓
    Charge satisfied #1
  4. 2025-05-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-05-08
    🔒
    Charge registered #2
    Lender: Flex Abl Limited
  6. 2025-05-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2025-05-06
    🔒
    Charge registered #1
    Lender: Flex Abl Limited
  8. 2024-07-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2023-01-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2023-01-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2022-09-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2022-09-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2022-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2022-03-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2022-03-28
    CLARKE, Dean Jason resigned
    director
  17. 2021-07-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2021-05-02
    📄
    capital-name-of-class-of-shares
    capital · SH08
  19. 2021-05-02
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2021-04-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2020-07-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2019-07-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  23. 2015-09-23
    🏢
    Company incorporated
    As AIP WELDING SUPPLIES LIMITED
  24. 2015-09-23
    HUNT, Kim Barrie appointed
    director
  25. 2015-09-23
    CLARKE, Dean Jason appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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 Kim Barrie Hunt
Individual · British · DOB 02/1991 · age 35
75100%
75-100% shares28/03/2022
1 historic (ceased) PSC
  • Mr Dean Jason Clarkeceased 28/03/2022· 75-100% shares · 75-100% voting · board control

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

8 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
Incorporated2015-09-23
Jurisdictionengland-wales
Primary SIC47789 — Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)

Registered office

39a Axe Road
Colley Lane Industrial Estate
Bridgwater
TA6 5LN
England

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-09-30
Last: 2025-09-16

Officers (1 active · 1 resigned)

HUNT, Kim Barrie
director · ~35y · appointed 2015-09-23
View their other companies + combined net worth →
Active
CLARKE, Dean Jason
director · ~46y · appointed 2015-09-23 · resigned 2022-03-28
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Flex Abl
Flex Abl Limited
A registered charge08/05/2025
satisfied
Flex Abl
Flex Abl Limited
A registered charge06/05/202514/05/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (33 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-30
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-29
change-person-director-company-with-change-date
officers · CH01
2023-01-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-09-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-09-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-31