S. KORONKA (MANUFACTURING) LIMITED
Opportunity 77/100 (strong), bankability 77/100. Strong seller-intent signal (65/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
9 live charges · 4 lenders · oldest 42.1y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 42.1 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 2600 | 2600 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (45 events)Click to expand
- 2025-09-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-08-15🔓Charge satisfied #9
- 2025-08-15🔓Charge satisfied #8
- 2025-08-15🔓Charge satisfied #7
- 2025-08-15🔓Charge satisfied #6
- 2025-08-15🔓Charge satisfied #5
- 2025-08-15🔓Charge satisfied #4
- 2025-08-15🔓Charge satisfied #3
- 2025-08-15🔓Charge satisfied #2
- 2025-08-15🔓Charge satisfied #1
- 2024-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-10-26🔒Charge registered #9Lender: Gbf Capital Limited
- 2018-10-26🔒Charge registered #8Lender: Trevor Paul Koronka
- 2017-11-16🔒Charge registered #7Lender: Gbf Capital Limited
- 2017-11-16🔒Charge registered #6Lender: Trevor Paul Koronka
- 2016-11-17🔒Charge registered #5Lender: Gbf Capital Limited
- 2016-11-17🔒Charge registered #4Lender: Trevor Paul Koronka
- 2011-12-09➖KORONKA, Frank resigneddirector
- 1995-11-30➖KORONKA, Stanley resigneddirector
- 1995-03-30➖KORONKA, Margaret Nelson resigneddirector
- 1995-03-30➖KORONKA, Vincent Nigel resigneddirector
- 1995-03-13➕KORONKA, Trevor Paul appointedsecretary
- 1995-03-13➖KORONKA, Vincent Nigel resignedsecretary
- 1995-03-13➕KORONKA, Frank appointeddirector
- 1995-03-13➕KORONKA, Stanley appointeddirector
- 1992-05-28➖KORONKA, Frank resigneddirector
- 1988-06-30🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 1988-04-25🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 1984-03-26🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1974-12-16🏢Company incorporatedAs S. KORONKA (MANUFACTURING) LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "KORONKA" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 51 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Trevor Paul Koronka Individual · British · DOB 04/1964 · age 62 | 75–100% | — | 75-100% shares | 20/11/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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|---|---|---|---|---|---|---|---|
| FTV PROCLAD (U.K.) LIMITED→ SC271316 · est 2004 | — | — | — | 42 | 21y | 85 | 66y |
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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 →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 (2 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Gbf Capital Gbf Capital Limited | A registered charge | 2 properties | 26/10/2018 | 15/08/2025 | |
| satisfied | Trevor Paul Koronka | A registered charge | 3 properties | 26/10/2018 | 15/08/2025 | |
| satisfied | Gbf Capital Gbf Capital Limited | A registered charge | 2 properties | 16/11/2017 | 15/08/2025 | |
| satisfied | Trevor Paul Koronka | A registered charge | 3 properties | 16/11/2017 | 15/08/2025 | |
| satisfied | Gbf Capital Gbf Capital Limited | A registered charge | 2 properties | 17/11/2016 | 15/08/2025 | |
| satisfied | Trevor Paul Koronka | A registered charge | 3 properties | 17/11/2016 | 15/08/2025 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 2 properties | 30/06/1988 | 15/08/2025 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 25/04/1988 | 15/08/2025 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 26/03/1984 | 15/08/2025 |