AUXETEC LIMITED
🏛️Establishedactive
12925662 · ltd · incorporated 2020-10-03
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 Oct 2025
Net worth
£-131.6k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Other research and experimental development on natural sciences and engineering
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 76/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: high (83/100)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
7 officers (4 active, 7 linked, 7 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
44 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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £131,589
Net assets shrinking
Down £448,014 YoY
Cash YoY
-1%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£404k
↓ 1.0% YoY
Net Worth
-£132k
↓ 142% YoY
Current Assets
£487k
↑ 8.0% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-10-31 | 2024-10-31 |
|---|---|---|
| Total assets | £-131.6k | £416.4k |
| Current assets | £487.3k | £451.4k |
| Cash | £404.5k | £408.6k |
| Debtors | £82.8k | £42.4k |
| Net assets | £-131.6k | £316.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals 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 (33 events)Click to expand
- 2026-01-13➕VERRALL, Mark Andrew, Dr appointeddirector
- 2026-01-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-20➖MAIRAJ, Arshad Khawar, Dr resigneddirector
- 2025-11-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-21📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2025-08-21📄resolutionresolution · RESOLUTIONS
- 2025-08-21📄resolutionresolution · RESOLUTIONS
- 2025-08-21📄capital-name-of-class-of-sharescapital · SH08
- 2025-08-21📄memorandum-articlesincorporation · MA
- 2025-08-19📄capital-allotment-sharescapital · SH01
- 2025-03-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-05➖GUNN, Robert James resigneddirector
- 2025-01-16📄capital-allotment-sharescapital · SH01
- 2025-01-16📄memorandum-articlesincorporation · MA
- 2025-01-16📄resolutionresolution · RESOLUTIONS
- 2024-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-16➕GOODIER, Philip James appointeddirector
- 2024-05-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-06✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-09-11📄capital-allotment-sharescapital · SH01
- 2023-09-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-05-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-18📄memorandum-articlesincorporation · MA
- 2023-04-18📄resolutionresolution · RESOLUTIONS
- 2023-03-28➕NAYLOR, Andrew appointeddirector
- 2023-03-28➕GUNN, Robert James appointeddirector
- 2022-01-19➖DULEY, Andrew John Michael resigneddirector
- 2022-01-19➕MAIRAJ, Arshad Khawar, Dr appointeddirector
- 2020-10-03🏢Company incorporatedAs AUXETEC LIMITED
- 2020-10-03➕GLEESON, Helen Frances, Professor appointeddirector
- 2020-10-03➕DULEY, Andrew John Michael appointeddirector
Owner dependency
48/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
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
2 corporate shareholders identified. Group structure is distributed.
🏛️significant stake
Northern Gritstone Limited
Corporate parent · holds 25-50% shares
🏛️significant stake
The University Of Leeds
Corporate parent · holds 25-50% shares
⬇
AUXETEC LIMITED
This company · 12925662
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Northern Gritstone Limited Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 07/09/2023 |
The University Of Leeds Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 11/10/2021 |
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
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|---|---|---|---|---|---|---|---|
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated2020-10-03
Jurisdictionengland-wales
Primary SIC72190 — Other research and experimental development on natural sciences and engineering
Registered office
Nexus
Discovery Way
Leeds
LS2 3AA
England
Filing status
Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-10-16
Last: 2025-10-02
Officers (4 active · 3 resigned)
GLEESON, Helen Frances, Professor→
Activedirector · ~64y · appointed 2020-10-03
View their other companies + combined net worth →
GOODIER, Philip James→
Activedirector · ~60y · appointed 2024-05-16
View their other companies + combined net worth →
NAYLOR, Andrew→
Activedirector · ~54y · appointed 2023-03-28
View their other companies + combined net worth →
VERRALL, Mark Andrew, Dr→
Activedirector · ~59y · appointed 2026-01-13
View their other companies + combined net worth →
DULEY, Andrew John Michael→
Resigneddirector · ~57y · appointed 2020-10-03 · resigned 2022-01-19
GUNN, Robert James→
Resigneddirector · ~61y · appointed 2023-03-28 · resigned 2025-03-05
MAIRAJ, Arshad Khawar, Dr→
Resigneddirector · ~52y · appointed 2022-01-19 · resigned 2025-11-20
Click a director name to see their full track record across all companies.
Recent filings (44 total)
appoint-person-director-company-with-name-date
officers · AP01
2026-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-24
termination-director-company-with-name-termination-date
officers · TM01
2025-11-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-15
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-08-21
resolution
resolution · RESOLUTIONS
2025-08-21
resolution
resolution · RESOLUTIONS
2025-08-21
capital-name-of-class-of-shares
capital · SH08
2025-08-21
memorandum-articles
incorporation · MA
2025-08-21
capital-allotment-shares
capital · SH01
2025-08-19
termination-director-company-with-name-termination-date
officers · TM01
2025-03-06
capital-allotment-shares
capital · SH01
2025-01-16
memorandum-articles
incorporation · MA
2025-01-16
resolution
resolution · RESOLUTIONS
2025-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20