ARMATREX LTD
🏛️Establishedactive
11053786 · ltd · incorporated 2017-11-08
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 Nov 2025
Net worth
£-146.8k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Specialist medical practice activities
Sector: Human health & social work
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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 (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £146,756
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£147k
↓ 25% YoY
Current Assets
£946
↓ 41% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-11-30 | 2024-11-30 |
|---|---|---|
| Total assets | £-146.2k | £4.4k |
| Current assets | £946 | £1.6k |
| Net assets | £-146.8k | £-117.4k |
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 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-03-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-08-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-03📄capital-allotment-sharescapital · SH01
- 2022-08-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-08-01➕DAVYDAITIS, Adele Bernice appointeddirector
- 2022-03-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-07📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2021-09-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-06-03➖FOSTER, Heather resigneddirector
- 2018-11-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-10-09📄change-person-director-company-with-change-dateofficers · CH01
- 2018-10-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-01-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-01-20➕FOSTER, Heather appointeddirector
- 2017-11-08🏢Company incorporatedAs ARMATREX LTD
- 2017-11-08➕BARTON, Derrick Mark, Andrew 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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 70 — succession pressure is live.
Succession & seller-readiness
66/100
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.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Derrick Mark, Andrew Barton Individual · British · DOB 07/1959 · age 67 | 75–100% | — | board controlsig. influence75-100% shares · board control · significant influence · firm interest | 26/11/2023 |
Mr Derrick Mark, Andrew Barton Individual · British · DOB 07/1959 · age 67 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 08/11/2017 |
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 · Healthcare & medical · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A SPACE BETWEEN C.I.C.→ 12343494 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| A STAR HEALTH LTD→ 16456234 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A STOGIERA LTD→ 10175029 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ANDREW GRAY LTD→ 07455284 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ANT MEDICAL LTD→ 08627776 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| APPLEGARTH HEALTHCARE LIMITED→ 10516406 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| APPLEWOOD CHILDCARE LIMITED→ 16445634 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARC SURGERY LIMITED→ 13810905 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ARCADIA LIFESTYLES LIMITED→ 13165435 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ARNSIDE DP LTD→ 16282681 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ASCOT CARE (CASTLEVIEW) LIMITED→ 10208983 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ASCOT CARE (SEABURN) LIMITED→ 13697876 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2017-11-08
Jurisdictionengland-wales
Primary SIC86220 — Specialist medical practice activities
Registered office
Sme Centre Of Excellence Limited 19 Main Street
Ponteland
Newcastle Upon Tyne
NE20 9NH
United Kingdom
Filing status
Accounts
Next due: 2027-08-31
Last made up to: 2025-11-30
Confirmation statement
Next due: 2026-11-21
Last: 2025-11-07
Officers (2 active · 1 resigned)
BARTON, Derrick Mark, Andrew→
Activedirector · ~67y · appointed 2017-11-08
View their other companies + combined net worth →
DAVYDAITIS, Adele Bernice→
Activedirector · ~70y · appointed 2022-08-01
View their other companies + combined net worth →
FOSTER, Heather→
Resigneddirector · ~61y · appointed 2018-01-20 · resigned 2019-06-03
Click a director name to see their full track record across all companies.
Recent filings (27 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-25
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-31
capital-allotment-shares
capital · SH01
2023-05-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-15
appoint-person-director-company-with-name-date
officers · AP01
2022-08-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-08
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2022-03-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-07
accounts-with-accounts-type-dormant
accounts · AA
2021-09-20