CARBIDE (UK) LIMITED
🏛️Establishedactive
10440807 · ltd · incorporated 2016-10-21
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£69.3k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 33110
Sector: Manufacturing
ALSO REGISTERED FOR
- 46620SIC 46620
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 79/100 (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: Cash flow review and working-capital discipline. Cash down -94% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 1.8y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 1.8 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
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 £69,344
Cash draining
Cash down 94% YoY
Cash YoY
-94%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£3k
↓ 94% YoY
Net Worth
£69k
↑ 9.2% YoY
Current Assets
£411k
↑ 4.3% YoY
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 |
|---|---|---|
| Total assets | £243.1k | £234.2k |
| Current assets | £411.0k | £394.0k |
| Cash | £2.7k | £46.8k |
| Debtors | £300.7k | £265.9k |
| Net assets | £69.3k | £63.5k |
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 (28 events)Click to expand
- 2025-12-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-23📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-23📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-23📄change-person-director-company-with-change-dateofficers · CH01
- 2025-05-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-05-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-05-23📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-19🔒Charge registered #1Lender: Rbs Invoice Finance LTD
- 2024-02-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-01➕INCE, David Robert appointeddirector
- 2023-09-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-17📄capital-cancellation-sharescapital · SH06
- 2023-02-17📄capital-return-purchase-own-sharescapital · SH03
- 2023-01-06➖SHIPLEY, Neil resigneddirector
- 2023-01-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-01-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-08-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-04📄change-person-director-company-with-change-dateofficers · CH01
- 2022-01-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-01-04📄change-person-director-company-with-change-dateofficers · CH01
- 2019-10-01➕WITHERWICK, Laurence appointeddirector
- 2017-07-31➕WITHERWICK, Michael John appointeddirector
- 2016-10-21🏢Company incorporatedAs CARBIDE (UK) LIMITED
- 2016-10-21➕SHIPLEY, Neil appointeddirector
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 70 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Laurence Witherwick Individual · British · DOB 07/1956 · age 70 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 24/01/2019 |
Mr Michael John Witherwick Individual · British · DOB 08/1985 · age 41 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 31/07/2017 |
2 historic (ceased) PSCs
- Mrs Anita Longdenceased 24/01/2019· 25-50% shares · 25-50% voting
- Ns Tooling Services Limitedceased 06/01/2023· 25-50% shares · 25-50% voting
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 · HU postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BRAND GRAPHICS LIMITED→ 11483331 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BRR ELECTRICAL LTD→ 16506681 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BUZZARD SUBSEA CONSULTANCY LIMITED→ 15385619 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| C L FABRICATIONS (UK) LTD→ 07925931 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| C.B.NORTH (TIMBER) LIMITED→ 12568500 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CABUNG LIMITED→ 10519971 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CARNABY POWDER COATINGS LIMITED→ 04462366 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| CASSIDYS SUNBLINDS LIMITED→ 09144915 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| CASTSTONESUPPLIER UK LTD→ 15053355 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CATCHCAM TECHNOLOGIES LTD→ 15904647 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CB CRAFT & DESIGN LTD→ 16165473 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CB LONDON FURNITURE LTD→ 16294205 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2016-10-21
Jurisdictionengland-wales
Primary SIC33110 — SIC 33110
Registered office
Rotary House
Bontoft Avenue
Hull
HU5 4HF
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-07
Last: 2025-06-23
Officers (3 active · 1 resigned)
INCE, David Robert→
Activedirector · ~42y · appointed 2024-02-01
View their other companies + combined net worth →
WITHERWICK, Laurence→
Activedirector · ~70y · appointed 2019-10-01
View their other companies + combined net worth →
WITHERWICK, Michael John→
Activedirector · ~41y · appointed 2017-07-31
View their other companies + combined net worth →
SHIPLEY, Neil→
Resigneddirector · ~61y · appointed 2016-10-21 · resigned 2023-01-06
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | NatWest Group Rbs Invoice Finance LTD | A registered charge | — | 19/09/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (56 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-23
change-person-director-company-with-change-date
officers · CH01
2025-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-23
change-person-director-company-with-change-date
officers · CH01
2025-05-23
change-person-director-company-with-change-date
officers · CH01
2025-05-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-23
change-person-director-company-with-change-date
officers · CH01
2025-05-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-12
appoint-person-director-company-with-name-date
officers · AP01
2024-02-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-12