TRICON AUTOMATION LIMITED
- · Oldest live charge 33.3y old — refinance window within 12 months
Opportunity 64/100 (worth a look), bankability 80/100. Strong seller-intent signal (78/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
1 live charge · oldest 33.3y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 33.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (57/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (44 events)Click to expand
- 2018-04-10📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2018-04-10🏁Company dissolved
- 2018-01-23📄gazette-notice-voluntarygazette · GAZ1(A)
- 2018-01-12📄dissolution-application-strike-off-companydissolution · DS01
- 2018-01-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2017-05-13📄accounts-with-accounts-type-fullaccounts · AA
- 2017-01-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-05-24📄accounts-with-accounts-type-fullaccounts · AA
- 2015-09-22📄accounts-with-accounts-type-fullaccounts · AA
- 2015-04-02📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-11-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-10-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2014-10-30📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2014-10-28➕NEOCLEOUS, Andros appointeddirector
- 2014-07-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2014-07-08🔓Charge satisfied #1
- 2014-04-25📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-10-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2013-04-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-02-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-06-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-06-12📄change-person-secretary-company-with-change-dateofficers · CH03
- 2011-10-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2011-04-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-04-04📄change-person-director-company-with-change-dateofficers · CH01
- 2010-11-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2010-04-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2002-09-23➕EVANS, Sean Thomas appointedsecretary
- 2002-09-23➕STEWART, Ian appointeddirector
- 2002-09-23➖KERR, Fiona resignedsecretary
- 2002-09-23➖KERR, Colin Campbell resigneddirector
- 2002-09-23➖KERR, Fiona resigneddirector
- 1995-10-01➕KERR, Fiona appointeddirector
- 1994-12-14➕KERR, Fiona appointedsecretary
- 1994-12-14➖GRANT & COMPANY resignedcorporate-secretary
- 1993-02-17🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1993-01-19➖CARTWRIGHT, David Williams resigneddirector
- 1993-01-06➖KERR, Colin Campbell resignedsecretary
- 1993-01-06➕GRANT & COMPANY appointedcorporate-secretary
- 1990-03-14➖LYCIDAS SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 1990-03-14➖LYCIDAS NOMINEES LIMITED resignedcorporate-nominee-director
- 1989-02-07🏢Company incorporatedAs TRICON AUTOMATION LIMITED
- 1989-02-07➕LYCIDAS SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1989-02-07➕LYCIDAS NOMINEES LIMITED appointedcorporate-nominee-director
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 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 37 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 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2018-04-10
Group structure
Routeco 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 |
|---|---|---|---|---|
Routeco Limited Corporate entity | 75–100% | — | 75-100% shares | 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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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 (0 active · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 17/02/1993 | 08/07/2014 |