A M S COMPOSITE CYLINDERS LIMITED
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. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
1 live charge · oldest 1.9y
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 1.9 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £367.6k | £362.5k |
| Current assets | £1.80M | £1.63M |
| Cash | £441.3k | £328.8k |
| Debtors | £728.3k | £1.30M |
| Net assets | £334.4k | £324.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (28 events)Click to expand
- 2025-03-26➕COOPER, Lisa appointeddirector
- 2025-03-26➕MORRIN, Caroline appointeddirector
- 2025-03-26➕WORRALL, Barbara Anne appointeddirector
- 2025-03-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-02-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-27🔒Charge registered #1Lender: Ultimate Finance Limited
- 2024-04-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-07📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-01-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-07-12➖LANGRON, Stephen Paul resigneddirector
- 2021-10-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-10-09📄change-person-director-company-with-change-dateofficers · CH01
- 2019-10-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-30➕MORRIN, Anthony James appointeddirector
- 2016-11-24🏢Company incorporatedAs A M S COMPOSITE CYLINDERS LIMITED
- 2016-11-24➕COOPER, James Andrew appointeddirector
- 2016-11-24➕WORRALL, Malcolm Anthony appointeddirector
- 2016-11-24➕LANGRON, Stephen Paul appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- -6 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 73 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
Red flags
cleanShareholders & ownership
4 active beneficial owners · fragmented| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Anthony James Morrin Individual · Irish · DOB 04/1969 · age 57 | — | — | sig. influencesignificant influence · firm interest | 30/09/2018 |
Mr Stephen Paul Langron Individual · British · DOB 12/1955 · age 71 | — | — | sig. influencesignificant influence · firm interest | 24/11/2016 |
Mr James Andrew Cooper Individual · British · DOB 12/1969 · age 57 | — | — | sig. influencesignificant influence · firm interest | 24/11/2016 |
Mr Malcolm Anthony Worrall Individual · British · DOB 12/1953 · age 73 | — | — | sig. influencesignificant influence · firm interest | 24/11/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (6 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Ultimate Finance Ultimate Finance Limited | A registered charge | 1 property | 27/06/2024 | — |