DRAGON EQUIPMENT LTD
🏛️Establishedactive
11514037 · ltd · incorporated 2018-08-13
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 Dec 2024
Net worth
£39.6k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 28923
Sector: Manufacturing
Investor take
PursueAsset-holding vehicle with a 65-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (82/100)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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
28 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 102Positive net assets
Net assets £39,585
Net assets shrinking
Down £66,891 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
£3k
Net Worth
£40k
↓ 63% YoY
Current Assets
£406k
↓ 8.4% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £124.0k | £145.4k |
| Current assets | £405.6k | £442.9k |
| Cash | £3.2k | — |
| Debtors | £65.6k | — |
| Net assets | £39.6k | £106.5k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-21📄memorandum-articlesincorporation · MA
- 2023-02-17📄capital-allotment-sharescapital · SH01
- 2023-01-25📄resolutionresolution · RESOLUTIONS
- 2023-01-25📄resolutionresolution · RESOLUTIONS
- 2022-09-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-09-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-09-09➕LEDGER, Mark Philip appointeddirector
- 2022-08-23📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2022-07-27📄capital-alter-shares-subdivisioncapital · SH02
- 2022-07-21📄resolutionresolution · RESOLUTIONS
- 2022-07-21📄capital-allotment-sharescapital · SH01
- 2022-07-21📄memorandum-articlesincorporation · MA
- 2022-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-04-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-08-13🏢Company incorporatedAs DRAGON EQUIPMENT LTD
- 2018-08-13➕HAINES, Jeffrey Steven appointeddirector
Owner dependency
78/100
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 65 — succession pressure is live.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- 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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Jeffrey Steven Haines Individual · British · DOB 09/1965 · age 61 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 13/08/2018 |
1 historic (ceased) PSC
- Mr Jeffrey Hainesceased 10/09/2022· 75-100% shares
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 · Manufacturing · IP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A J TRAILER MAINTENANCE LIMITED→ 06477441 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| A LA CARP LTD→ 12210085 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| A. J. JOINERY LIMITED→ 03900496 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| A. J. LAMINATED BEAMS LIMITED→ 04323441 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| ABBEY ENGINEERING & FABRICATION SOLUTIONS LIMITED→ 12116449 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AD ENGINEERING LIMITED→ 16359105 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ADVANCED ALUMINIUM DESIGN LIMITED→ 05300430 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ADVANCED RECOVERY SYSTEMS LTD→ 11693525 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AEM COLLECTION LTD→ 15571661 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AEROCORE INNOVATIONS LTD→ 16815148 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AEROTECH (SUFFOLK) LIMITED→ 10741181 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AEROTOSPHERE LIMITED→ 16964172 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2018-08-13
Jurisdictionengland-wales
Primary SIC28923 — SIC 28923
Registered office
Unit 3 Wattisham Road
Ringshall
Stowmarket
IP14 2HX
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-28
Last: 2025-08-14
Officers (2 active · 0 resigned)
HAINES, Jeffrey Steven→
Activedirector · ~61y · appointed 2018-08-13
View their other companies + combined net worth →
LEDGER, Mark Philip→
Activedirector · ~65y · appointed 2022-09-09
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (28 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-06
memorandum-articles
incorporation · MA
2023-02-21
capital-allotment-shares
capital · SH01
2023-02-17
resolution
resolution · RESOLUTIONS
2023-01-25
resolution
resolution · RESOLUTIONS
2023-01-25
appoint-person-director-company-with-name-date
officers · AP01
2022-09-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-09-10
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-24
change-account-reference-date-company-current-extended
accounts · AA01
2022-08-23