ETEX GROUP LIMITED
🏛️Establishedactive
11747282 · ltd · incorporated 2019-01-02
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 Jan 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 76/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. 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.
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
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-01-31 | 2024-01-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (22 events)Click to expand
- 2025-08-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-01-02➕BROWN, Andrew David appointeddirector
- 2025-01-02➕BROWN, Christopher John appointeddirector
- 2025-01-02➖PAYNE, Brian John resigneddirector
- 2025-01-02➖PAYNE, Maureen Anne resigneddirector
- 2025-01-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-01-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-02-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-02-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-02-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-02-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-06-09📄change-person-director-company-with-change-dateofficers · CH01
- 2019-03-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2019-03-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-01-02🏢Company incorporatedAs ETEX GROUP LIMITED
- 2019-01-02➕PAYNE, Brian John appointeddirector
- 2019-01-02➕PAYNE, Maureen Anne appointeddirector
- 2019-01-02📄incorporation-companyincorporation · NEWINC
Owner dependency
81/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 68 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
16/100
No succession signalNo meaningful acquirability indicators from public data.
SIGNALS
- primaryFamily succession underway: Not a takeover target — BROWN, Andrew David (same surname) appointed 2025-01-02. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 68. 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.)
Group structure
Ml Uk Holding Limited holds 25-50% — a significant corporate investor but not a controlling parent.
🏛️
Ml Uk Holding Limited
Corporate parent · board control
⬇
ETEX GROUP LIMITED
This company · 11747282
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ml Uk Holding Limited Corporate entity | — | — | board controlboard control | 15/03/2019 |
1 historic (ceased) PSC
- Mr Brian John Payneceased 15/03/2019· 75-100% shares · 75-100% 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 →Similar companies
Active · Other · WR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BREW & EAT LTD→ 11921726 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| BRIGHT FUTURE ENERGY GROUP LTD→ 14341926 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BRIGHT FUTURE ENERGY LTD→ 14341920 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BRITANNIA BUSINESS CENTRE MANAGEMENT COMPANY LIMITED→ 05673973 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| BRITISH ASSOCIATION OF AESTHETIC & MEDICAL MICRO-PIGMENTATION→ 09373843 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| BRITISH HERITAGE SHEEP→ 12751157 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BUMPSADAISY LTD→ 07096939 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| BUSTLE HUB LIMITED→ 14904660 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CARBOOTFAIRS LTD→ 04062392 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| CARRYFAIR LIMITED→ 03438340 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| CHARTER COURT MANAGEMENT ASSOCIATION LIMITED→ 02437336 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| CHAWSON COMMUNITY BARN CIC→ 16444600 · est 2025 · 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
Incorporated2019-01-02
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999
Registered office
Mildenham Mill Egg Lane
Claines
Worcester
WR3 7SA
England
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-15
Last: 2026-01-01
Officers (2 active · 2 resigned)
BROWN, Andrew David→
Activedirector · ~37y · appointed 2025-01-02
View their other companies + combined net worth →
BROWN, Christopher John→
Activedirector · ~68y · appointed 2025-01-02
View their other companies + combined net worth →
PAYNE, Brian John→
Resigneddirector · ~82y · appointed 2019-01-02 · resigned 2025-01-02
PAYNE, Maureen Anne→
Resigneddirector · ~90y · appointed 2019-01-02 · resigned 2025-01-02
Click a director name to see their full track record across all companies.
Recent filings (22 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-02
accounts-with-accounts-type-dormant
accounts · AA
2025-08-26
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-02
termination-director-company-with-name-termination-date
officers · TM01
2025-01-02
appoint-person-director-company-with-name-date
officers · AP01
2025-01-02
termination-director-company-with-name-termination-date
officers · TM01
2025-01-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-02
appoint-person-director-company-with-name-date
officers · AP01
2025-01-02
accounts-with-accounts-type-dormant
accounts · AA
2024-02-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-01
accounts-with-accounts-type-dormant
accounts · AA
2023-02-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-01
accounts-with-accounts-type-dormant
accounts · AA
2022-02-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-01
accounts-with-accounts-type-dormant
accounts · AA
2021-02-01