TIMBER COMPONENTS (UK) LTD.
- · Thesis: well-run, low negotiation leverage
Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (80/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
8 live charges · 3 lenders · oldest 45.2y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 45.2 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (77/100)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 · 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 | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £623.1k | £745.2k |
| Current assets | £626.3k | £750.5k |
| Cash | £618.3k | £743.7k |
| Debtors | £8.1k | £6.8k |
| Net assets | £623.1k | £745.2k |
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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (48 events)Click to expand
- 2025-07-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-07-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-09-29📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-09-27📄gazette-notice-compulsorygazette · GAZ1
- 2021-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-05-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-05-19🔓Charge satisfied #8
- 2021-05-19🔓Charge satisfied #7
- 2020-03-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-03-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-03-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-02-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-09-07➖CARTWRIGHT, Daniel Scahill resigneddirector
- 2019-07-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-14🔒Charge registered #8Lender: Samantha Cartwright
- 2017-03-13➖COURTNEY, Michelle resigneddirector
- 2017-02-13➖CARTWRIGHT, Dawn resigneddirector
- 2015-02-13🔓Charge satisfied #5
- 2015-02-13🔓Charge satisfied #4
- 2015-02-13🔓Charge satisfied #3
- 2015-02-13🔓Charge satisfied #2
- 2015-02-13🔓Charge satisfied #1
- 2014-11-19🔓Charge satisfied #6
- 2014-07-14🔒Charge registered #7Lender: As Trustees
- 2012-10-31➖BROWN, Alexander Macdonald resigneddirector
- 2009-02-18➕CARTWRIGHT, Samantha appointedsecretary
- 2009-02-18➖RODDEN, Roy resignedsecretary
- 2008-03-14➖CARTWRIGHT, Elizabeth resignedsecretary
- 2008-03-14➕RODDEN, Roy appointedsecretary
- 2008-03-14➕BROWN, Alexander Macdonald appointeddirector
- 2008-03-14➖CARTWRIGHT, Elizabeth resigneddirector
- 2005-04-19🔒Charge registered #6Lender: The Governor and Company of the Bank of Scotland
- 1998-10-16➕CARTWRIGHT, Darren appointeddirector
- 1998-10-16➕CARTWRIGHT, Samantha appointeddirector
- 1998-10-16➕CARTWRIGHT, Dawn appointeddirector
- 1998-10-16➕COURTNEY, Michelle appointeddirector
- 1992-03-12🔒Charge registered #5Lender: The Governor and Company of the Bank of Scotland
- 1985-01-18🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 1983-05-11🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 1983-03-09🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 1981-02-02🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1976-10-12🏢Company incorporatedAs TIMBER COMPONENTS (UK) LTD.
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 50 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 ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Darren Cartwright Individual · British · DOB 06/1971 · age 55 | — | — | sig. influencesignificant influence | 07/02/2020 |
Miss Samantha Cartwright Individual · British · DOB 09/1967 · age 59 | — | — | sig. influencesignificant influence | 07/02/2020 |
1 historic (ceased) PSC
- Mr Daniel Scahill Cartwrightceased 07/09/2019· 50-75% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| NEXUS TECHNOLOGY GROUP UK LIMITED→ SC040330 · est 1964 | £2.59M £2.01M–£3.16M | — | — | 6900 | 61y | 83 | 79y |
| GC GROUP LIMITED→ SC146007 · est 1993 | £955.3k £743.0k–£1.17M | £1.86M | — | 1500 | 32y | 96 | 64y |
| ABERDEEN BLIND COMPANY LIMITED→ SC130460 · est 1991 | — | — | — | 900 | 35y | 83 | 64y |
| ACADIAN ENGINEERING LIMITED→ SC150669 · est 1994 | — | — | — | 12 | 31y | 83 | 71y |
| E & O LABORATORIES LIMITED→ SC125360 · est 1990 | — | — | £21.13M | — | 35y | 83 | 69y |
| EMBLATION LIMITED→ SC346874 · est 2008 · no financials extracted | — | — | — | — | 17y | 83 | 75y |
| FALKIRK WHISKY DISTILLERY COMPANY LIMITED→ SC332343 · est 2007 | — | — | — | 500 | 18y | 83 | 81y |
| LEGGE STEEL (FABRICATIONS) LIMITED→ SC088016 · est 1984 | — | — | — | 19 | 41y | 83 | 62y |
| LITHIUM SYSTEMS LIMITED→ SC255743 · est 2003 | — | — | — | 1700 | 22y | 83 | 63y |
| PALIMPSEST BOOK PRODUCTION COMPANY LIMITED→ SC153712 · est 1994 | — | — | £432.2k | — | 31y | 83 | 62y |
| N47 GARAGE LIMITED→ SC836683 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| OCEAN OUTFIT LTD→ SC747990 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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 →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 · 7 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Samantha Cartwright / Darren Cartwright / Daniel Scahill Cartwright | A registered charge | 1 property | 14/12/2017 | 19/05/2021 | |
| satisfied | As Trustees / Samantha Cartwright / Darren Cartwright / Daniel Scahill Cartwright | A registered charge | 1 property | 14/07/2014 | 19/05/2021 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 19/04/2005 | 19/11/2014 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 12/03/1992 | 13/02/2015 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 18/01/1985 | 13/02/2015 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 11/05/1983 | 13/02/2015 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 09/03/1983 | 13/02/2015 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 02/02/1981 | 13/02/2015 |