JETE NDT LTD
Opportunity 68/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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 | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | — | £31.3k |
| Current assets | £20.0k | £31.3k |
| Net assets | £824 | £-62 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (16 events)Click to expand
- 2025-09-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-17➕MCMAHON, Lisa appointeddirector
- 2025-09-17➖ENGLISH, Jason resigneddirector
- 2025-09-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-09-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-08-27➖ENGLISH, Timothy resigneddirector
- 2025-08-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-01🏢Company incorporatedAs JETE NDT LTD
- 2021-06-01➕ENGLISH, Jason appointeddirector
- 2021-06-01➕ENGLISH, Timothy appointeddirector
- 2021-06-01📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: ENGLISH, Jason resigned 2025-09-17; ENGLISH, Timothy resigned 2025-08-27
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Timothy English Individual · Northern Irish · DOB 01/1978 · age 48 | 75–100% | — | 75-100% shares | 27/08/2025 |
1 historic (ceased) PSC
- Mr Timothy Englishceased 27/08/2025· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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| ABBEY UPHOLSTERERS LIMITED→ NI010849 · est 1975 | £3.64M £2.83M–£4.45M | £12.22M | — | 11400 | 50y | 88 | 82y |
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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 →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
Registered office
Filing status
Officers (1 active · 2 resigned)
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