TOOLSAVER LTD
- · Lifecycle stage drifting downward
- · Currently "declining"
Opportunity 74/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).
Refinance opportunity
4 live charges · 3 lenders · oldest 50.3y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 50.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
- · Not currently profitable — coverage conversation is a harder sell.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key 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 |
|---|---|---|
| Turnover | £11.61M | £21.93M |
| Gross profit | £1.53M | £2.83M |
| Operating profit | £-1.71M | £-333.8k |
| Profit before tax | £-1.69M | £-326.4k |
| Average employees | 3500 | 5200 |
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
Corporate timeline (33 events)Click to expand
- 2025-10-31📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-31📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-10-31📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-31📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-10-31📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-31📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-10-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-10-08✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2025-09-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-09-08📄accounts-with-accounts-type-mediumaccounts · AA
- 2025-04-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-08-16📄accounts-with-accounts-type-mediumaccounts · AA
- 2024-05-31➖BRUCE, Neil resigneddirector
- 2024-05-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-13📄accounts-with-accounts-type-fullaccounts · AA
- 2022-08-26📄accounts-with-accounts-type-fullaccounts · AA
- 2021-08-09📄accounts-with-accounts-type-fullaccounts · AA
- 2020-11-17📄accounts-with-accounts-type-fullaccounts · AA
- 2015-05-29🔒Charge registered #4Lender: Lloyds Bank Commercial Finance Limited, No 1 Brookhill Way, Banbury, Oxon, OX16 3EL
- 2015-05-21➕KEGG, Lynne Marie appointedsecretary
- 2015-05-21➕KEGG, Lynne Marie appointeddirector
- 2015-05-21➖KEGG, Anne Taylor, Cllr resignedsecretary
- 2015-05-21➖KEGG, Anne Taylor, Cllr resigneddirector
- 2015-05-21➖KEGG, Noel resigneddirector
- 2013-12-11🔒Charge registered #3Lender: Bank of Scotland PLC
- 2012-01-01➕BRUCE, Neil appointeddirector
- 2011-06-21🔓Charge satisfied #2
- 2000-02-01➕KEGG, Calum Noel appointeddirector
- 1999-02-18🔓Charge satisfied #1
- 1976-03-11🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 1976-01-22🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1975-09-17🏢Company incorporatedAs TOOLSAVER LTD
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 51 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
1 med · 1 lowName changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2025-10-08: certificate-change-of-name-company
Multiple address changes in a short period can indicate operational instability or admin disorder.
Group structure
Noel Kegg Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Noel Kegg Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
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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|---|---|---|---|---|---|---|---|
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| CHAPELHALL INDUSTRIAL BEARINGS LIMITED→ SC116385 · est 1989 | — | — | £74.9k | — | 37y | 83 | 89y |
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| CLARKE FIRE PROTECTION PRODUCTS LIMITED→ SC081670 · est 1983 · no financials extracted | — | — | — | — | 43y | 82 | 77y |
| COLBROOK SUPPLIES DIRECT LTD.→ SC251263 · est 2003 | — | — | £255.0k | — | 22y | 82 | 81y |
| CUSTOM CHEMICALS (SCOTLAND) LIMITED→ SC209142 · est 2000 | — | — | £134.6k | — | 25y | 82 | 71y |
| DALZIEL LIMITED→ SC063157 · est 1977 · no financials extracted | — | — | — | — | 48y | 82 | 71y |
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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 (3 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank Commercial Finance Limited, No 1 Brookhill Way, Banbury, Oxon, OX16 3EL | A registered charge | — | 29/05/2015 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 11/12/2013 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 11/03/1976 | 21/06/2011 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 22/01/1976 | 18/02/1999 |