ADVANCED WIRES 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: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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 | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £168.5k | £110.4k |
| Current assets | £441.1k | £41.8k |
| Net assets | £168.5k | £110.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Corporate timeline (11 events)Click to expand
- 2025-08-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-04-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-18📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2018-08-13🏢Company incorporatedAs ADVANCED WIRES LTD
- 2018-08-13➕CROFTS, Neil Duncan appointeddirector
- 2018-08-13➕POTTER, Ian Richard appointeddirector
- 2018-08-13📄incorporation-companyincorporation · NEWINC
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 60 — approaching natural succession window.
- +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 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ian Richard Potter Individual · British · DOB 12/1967 · age 59 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 13/08/2018 |
Mr Neil Duncan Crofts Individual · British · DOB 09/1966 · age 60 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 13/08/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
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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.
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Registered office
Filing status
Officers (2 active · 0 resigned)
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