ACUTECH PRECISION ENGINEERING LIMITED

💤Zombieactive
10539200 · ltd · incorporated 2016-12-23
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
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 29320
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. 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: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (79/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees600500

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-05-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-05-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-01-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2023-01-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2023-01-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  7. 2023-01-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2023-01-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2023-01-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2022-12-31
    TAVERNER, Paul Nicholas resigned
    director
  11. 2022-12-31
    TAVERNER, Sandra Jean resigned
    director
  12. 2022-05-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-07-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2021-07-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2021-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2021-01-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2021-01-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2021-01-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2021-01-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2021-01-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  21. 2021-01-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  22. 2018-08-29
    WELLS, Glen Anthony appointed
    director
  23. 2016-12-23
    🏢
    Company incorporated
    As ACUTECH PRECISION ENGINEERING LIMITED
  24. 2016-12-23
    TAVERNER, Paul Nicholas appointed
    director
  25. 2016-12-23
    TAVERNER, Sandra Jean 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

45/100
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.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Wellside Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Wellside Holdings Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
ACUTECH PRECISION ENGINEERING LIMITED
This company · 10539200

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%
NameSharesVoting rightsNature of controlNotified
Wellside Holdings Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control31/12/2022
3 historic (ceased) PSCs
  • Mr Glen Anthony Wellsceased 31/12/2022· 25-50% shares · 25-50% voting
  • Mrs Sandra Jean Tavernerceased 31/12/2022· 25-50% shares · 25-50% voting
  • Mr Paul Nicholas Tavernerceased 31/12/2022· 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 →

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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
Incorporated2016-12-23
Jurisdictionengland-wales
Primary SIC29320 — SIC 29320

Registered office

Unit 5b Haverscroft Industrial Estate
Attleborough
Norfolk
NR17 1YE
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-05
Last: 2025-12-22

Officers (1 active · 2 resigned)

WELLS, Glen Anthony
director · ~53y · appointed 2018-08-29
View their other companies + combined net worth →
Active
TAVERNER, Paul Nicholas
director · ~64y · appointed 2016-12-23 · resigned 2022-12-31
Resigned
TAVERNER, Sandra Jean
director · ~64y · appointed 2016-12-23 · resigned 2022-12-31
Resigned

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

Recent filings (37 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-09
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-05
termination-director-company-with-name-termination-date
officers · TM01
2023-01-26
termination-director-company-with-name-termination-date
officers · TM01
2023-01-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-01-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-01-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-01-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-05