ETEK EUROPE LIMITED
- · Oldest live charge 17.8y old — refinance window within 12 months
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 60). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
2 live charges · oldest 17.8y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 17.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
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 | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Cash | £767.8k | £680.6k |
| Net assets | £1.37M | £1.31M |
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
- • 1 accounts
Corporate timeline (30 events)Click to expand
- 2026-01-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-11🔓Charge satisfied #2
- 2025-10-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-01🔓Charge satisfied #1
- 2025-01-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-28📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2024-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-03-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-13📄capital-allotment-sharescapital · SH01
- 2021-02-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-22📄change-person-director-company-with-change-dateofficers · CH01
- 2019-01-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-12-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-03-14📄capital-allotment-sharescapital · SH01
- 2012-05-01🔒Charge registered #2Lender: Bank of Scotland PLC
- 2008-10-01➕NELSON, Joanne appointeddirector
- 2008-09-08➖QUEEN, John resigneddirector
- 2008-08-02🔒Charge registered #1Lender: Bank of Scotland PLC
- 2007-02-22🏢Company incorporatedAs ETEK EUROPE LIMITED
- 2007-02-22➕NELSON, Michael appointedsecretary
- 2007-02-22➕NELSON, Michael appointeddirector
- 2007-02-22➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2007-02-22➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2007-02-22➕QUEEN, John appointeddirector
- 2007-02-22➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2007-02-22➖STEPHEN MABBOTT LTD. resignedcorporate-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 19 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +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.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 19 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
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael Nelson Individual · British · DOB 03/1966 · age 60 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 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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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 · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 01/05/2012 | 11/11/2025 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Bond & floating charge | 1 property | 02/08/2008 | 01/10/2025 |