PARFIX EQUIPMENT COMPANY LIMITED

🌳Matureactive

NI021336 · ltd · incorporated 1988-02-26

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 35.4y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Other retail sale in non-specialised stores

Sector: Wholesale & retail

ALSO REGISTERED FOR

47710Retail sale of clothing in specialised stores
47721Retail sale of footwear in specialised stores

Investor take

Pursue

Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 65/100. Strong seller-intent signal (63/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 35.4y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 35.4 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 3 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

6 officers (5 active, 6 linked, 5 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

3 connected companies via shared directors

Filing history

111 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	2025-03-31	2024-03-31
Average employees	1100	1100

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

filing

• 1 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (29 events)Click to expand

2025-11-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-07
📄
change-person-secretary-company-with-change-date
officers · CH03
2024-11-07
📄
change-person-director-company-with-change-date
officers · CH01
2024-05-10
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-05-10
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-11-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-01
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-01
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-31
🔒
Charge registered #4
Lender: The Governor and Company of the Bank of Ireland
2023-10-31
🔒
Charge registered #3
Lender: The Governor and Company of the Bank of Ireland
2022-12-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-12-16
➕
FLYNN, Laura Myrtle Victoria appointed
director
2019-12-16
➕
NEILL, Sarah Margaret Frances appointed
director
2019-12-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-04-05
➕
RUTHERFORD, Scott Michael Samuel appointed
director
2019-04-05
➖
RUTHERFORD, Samuel Brown resigned
director
2019-04-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-04-05
📄
termination-director-company-with-name-termination-date
officers · TM01
1991-01-04
🔒
Charge registered #2
Lender: The Governor & Company of the Bank of Ireland
1991-01-04
🔒
Charge registered #1
Lender: The Governor & Company of the Bank of Ireland
1988-02-26
🏢
Company incorporated
As PARFIX EQUIPMENT COMPANY LIMITED
1988-02-26
➕
RUTHERFORD, Michael Noel appointed
secretary
1988-02-26
➕
RUTHERFORD, Michael Noel appointed
director
1988-02-26
➕
RUTHERFORD, Samuel Brown appointed
director

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 38 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 66 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 38 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 38 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Parfix (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Parfix (Holdings) Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

PARFIX EQUIPMENT COMPANY LIMITED

This company · NI021336

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Parfix (Holdings) Limited Corporate entity	75–100%	—	75-100% shares	19/04/2024

1 historic (ceased) PSC

Mr Michael Noel Rutherfordceased 19/04/2024· 75-100% shares · 75-100% voting · board control · significant influence · trust interest · firm interest

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 · Retail · BT postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
LAMONT STONE LIMITED→ NI031454 · est 1996	£12.57M £9.43M–£15.71M	—	—	73	29y	87	74y
BLAIR'S CARAVANS LIMITED→ NI012772 · est 1978	£10.95M £8.21M–£13.69M	£13.81M	—	6400	48y	88	58y
BOLAN INVESTMENTS LIMITED→ NI030942 · est 1996	£5.21M £3.91M–£6.52M	—	—	18100	29y	84	72y
CREATIVE GARDENS (NI) LIMITED→ NI043559 · est 2002	£4.31M £3.23M–£5.39M	£13.07M	—	20900	23y	84	77y
MURDOCK HARDWOOD INDUSTRIES LIMITED→ NI015426 · est 1982	£3.94M £2.96M–£4.93M	£14.10M	—	3300	44y	87	63y
STEPHENS CATERING EQUIPMENT COMPANY LIMITED→ NI011092 · est 1975	£2.18M £1.63M–£2.72M	£19.96M	—	9500	50y	85	62y
BASIL KNIPE ELECTRICS LIMITED→ NI070354 · est 2008	£2.04M £1.53M–£2.56M	—	—	4300	17y	87	61y
CHARIOTEER LIMITED→ NI038821 · est 2000	£1.83M £1.37M–£2.29M	£16.58M	—	9400	25y	85	61y
JESROE (SERVICES) LIMITED→ NI033828 · est 1998	£1.19M £889.9k–£1.48M	—	—	3000	28y	87	69y
WINE INNS LIMITED→ NI008313 · est 1971	£1.15M £863.8k–£1.44M	—	—	12200	54y	85	80y
BELFAST TILES AND BATHROOM CENTRE LTD→ NI055324 · est 2005	£80.5k £60.4k–£100.7k	£373.4k	—	300	20y	85	62y
YELLOW BINGO LTD→ NI717184 · est 2024 · no financials extracted	—	—	—	—	1y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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

Incorporated1988-02-26

Jurisdictionnorthern-ireland

Primary SIC47190 — Other retail sale in non-specialised stores

Registered office

8 Comber Road

Killinchy

Newtownards

County Down

BT23 6PA

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-05-04

Last: 2026-04-20