CITY BATTERIES LTD
Opportunity 77/100 (strong), bankability 75/100. 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 (73/100).
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 · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £723.5k | £911.6k |
| Current assets | £1.23M | £963.2k |
| Cash | £168.6k | £150.2k |
| Debtors | £845.8k | £544.0k |
| Net assets | £636.7k | £731.0k |
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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (19 events)Click to expand
- 2025-12-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-07📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2021-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2020-10-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-10-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-07📄capital-allotment-sharescapital · SH01
- 2019-02-04📄resolutionresolution · RESOLUTIONS
- 2019-01-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2019-01-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-01-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-01-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-05-21➕HOWES, Dean Christian appointeddirector
- 2018-05-11🏢Company incorporatedAs CITY BATTERIES LTD
- 2018-05-11➕HOWES, Julian Scott appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanGroup structure
Vinton Holdings Limited holds 25-50% — a significant corporate investor but not a controlling parent.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Vinton Holdings Limited Corporate entity | 25–50% | — | 25-50% shares | 24/01/2019 |
Mr Dean Christian Howes Individual · British · DOB 03/1967 · age 59 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/08/2018 |
Mr Julian Scott Howes Individual · British · DOB 05/1968 · age 58 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 11/05/2018 |
2 historic (ceased) PSCs
- Vinton Holdings Limitedceased 01/10/2020· 25-50% shares · 25-50% voting
- Mr Dean Christian Howesceased 20/06/2018· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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6 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 (2 active · 0 resigned)
Click a director name to see their full track record across all companies.