AVENIUM ENGINEERING LTD
💤Zombieactive
09931295 · ltd · incorporated 2015-12-29
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
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£922.8k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Machining
Sector: Manufacturing
ALSO REGISTERED FOR
- 33110SIC 33110
- 71121Engineering design activities for industrial process and production
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 73/100 (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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
6 live charges · 4 lenders · oldest 7.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.5 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 6 total, 6 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £922,837
Cash YoY
-4%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£629k
↓ 4.4% YoY
Net Worth
£923k
↑ 2.3% YoY
Current Assets
£1.0m
↓ 2.1% 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 | £956.7k | £936.0k |
| Current assets | £1.03M | £1.06M |
| Cash | £629.3k | £658.6k |
| Debtors | £375.8k | £364.3k |
| Net assets | £922.8k | £901.8k |
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
6
filings
- • 4 persons-with-significant-control
- • 1 confirmation-statement
- • 1 officers
Last 90 days
6
filings
- • 4 persons-with-significant-control
- • 1 confirmation-statement
- • 1 officers
Last 180 days
6
filings
- • 4 persons-with-significant-control
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
- 2026-07-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2026-07-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2026-06-30➖HYNES, Kelly resignedsecretary
- 2026-06-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-06-30📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2026-06-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-25📄change-person-director-company-with-change-dateofficers · CH01
- 2021-11-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-11-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-11-26🔓Charge satisfied #4
- 2021-11-26🔓Charge satisfied #1
- 2021-10-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-08🔓Charge satisfied #6
- 2021-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-23📄change-person-director-company-with-change-dateofficers · CH01
- 2020-11-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-11-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-11-25🔓Charge satisfied #5
- 2020-11-25🔓Charge satisfied #2
- 2020-08-19📄change-person-director-company-with-change-dateofficers · CH01
- 2020-06-10🔓Charge satisfied #3
- 2020-03-17🔒Charge registered #6Lender: Hsbc UK Bank PLC
- 2019-09-19🔒Charge registered #5Lender: Npif Tvc Debt LP Acting by Tvc Loans Npif Gp Limited as the General Partner of Npif Tvc Debt LP Acting by Fw Capital Limited
- 2019-06-17🔒Charge registered #4Lender: Hsbc UK Bank PLC
- 2019-03-21➕HYNES, Kelly appointedsecretary
- 2019-03-14🔒Charge registered #3Lender: Hsbc Invoice Finance (UK) LTD
- 2019-01-25🔒Charge registered #2Lender: Npif Tvc Debt LP Acting by Tvc Loans Npif Gp Limited as the General Partner of Npif Tvc Debt LP Acting by Fw Capital Limited.
- 2019-01-22➖STYAN, Michael Stephen resigneddirector
- 2019-01-18🔒Charge registered #1Lender: Hsbc UK Bank PLC
- 2016-09-21➕STYAN, Michael Stephen appointeddirector
- 2016-09-20➖BETTINSON, Liam resigneddirector
- 2015-12-29🏢Company incorporatedAs AVENIUM ENGINEERING LTD
- 2015-12-29➕HYNES, John Gregory appointeddirector
- 2015-12-29➕BETTINSON, Liam appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Ivaf Holding A Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Ivaf Holding A Ltd
Corporate parent · holds 75-100% shares
⬇
AVENIUM ENGINEERING LTD
This company · 09931295
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 |
|---|---|---|---|---|
Ivaf Holding A Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 22/01/2019 |
5 historic (ceased) PSCs
- Mrs Kelly Marie Hynesceased 30/06/2026· significant influence
- Mrs Rachel Styanceased 31/01/2019· significant influence
- Mr Michael Stephen Styanceased 31/01/2019· significant influence
- Mr John Gregory Hynesceased 30/06/2026· significant influence
- Mr Liam Bettinsonceased 20/09/2016· 25-50% shares · 25-50% voting · board control
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 · TS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A T RIGGING LIMITED→ 09907511 · est 2015 | — | — | — | 100 | 10y | — | — |
| ALWAYS ADVANCING FENCING SPECIALISTS LTD→ 15484916 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| APR BESPOKE JOINERY LTD→ 12833788 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ARCANE SYNDICATE LTD→ 16677815 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ATL RENEWABLES LTD→ 14481293 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ATMIT LTD→ 14786499 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AYRESOME MAINTENANCE LTD→ 12349829 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AZTECON LIMITED→ 03615236 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| B8 KITCHENS AND BEDROOMS LTD→ 12949348 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BACKBONE WELDING SOLUTIONS LTD→ 17122519 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BADGER PERROW LTD→ 08833459 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| BAINES INSTRUMENTS LIMITED→ 08353412 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
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
Incorporated2015-12-29
Jurisdictionengland-wales
Primary SIC25620 — Machining
Registered office
3a Bowes Road Business Park
Middlesbrough
North Yorkshire
TS2 1LU
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-07-13
Last: 2026-06-29
Officers (1 active · 3 resigned)
HYNES, John Gregory→
Activedirector · ~40y · appointed 2015-12-29
View their other companies + combined net worth →
HYNES, Kelly→
Resignedsecretary · appointed 2019-03-21 · resigned 2026-06-30
BETTINSON, Liam→
Resigneddirector · ~42y · appointed 2015-12-29 · resigned 2016-09-20
STYAN, Michael Stephen→
Resigneddirector · ~46y · appointed 2016-09-21 · resigned 2019-01-22
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 17/03/2020 | 08/10/2021 | |
| satisfied | Npif Tvc Debt LP Acting by Tvc Loans Npif Gp as the General Partner of Npif Tvc Debt LP Acting by Fw Capital Npif Tvc Debt LP Acting by Tvc Loans Npif Gp Limited as the General Partner of Npif Tvc Debt LP Acting by Fw Capital Limited | A registered charge | — | 19/09/2019 | 25/11/2020 | |
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 17/06/2019 | 26/11/2021 | |
| satisfied | HSBC Hsbc Invoice Finance (UK) LTD | A registered charge | — | 14/03/2019 | 10/06/2020 | |
| satisfied | Npif Tvc Debt LP Acting by Tvc Loans Npif Gp as the General Partner of Npif Tvc Debt LP Acting by Fw Capital . Npif Tvc Debt LP Acting by Tvc Loans Npif Gp Limited as the General Partner of Npif Tvc Debt LP Acting by Fw Capital Limited. | A registered charge | 2 properties | 25/01/2019 | 25/11/2020 | |
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 18/01/2019 | 26/11/2021 |
Recent filings (65 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-07-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-07-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-06-30
termination-secretary-company-with-name-termination-date
officers · TM02
2026-06-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-06-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-01
change-person-director-company-with-change-date
officers · CH01
2022-01-25