PRO-TEX FLOOR PROTECTION LIMITED
Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 11.4y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 11.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · 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 | 100 | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 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 (27 events)Click to expand
- 2025-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-22📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-05-31📄change-person-director-company-with-change-dateofficers · CH01
- 2022-12-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-11-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-07-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-06-16📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-08-19📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-11-24🔒Charge registered #1Lender: Rbs Invoice Finance Limited
- 2012-06-06➖YOUNIE, Richard Grant resigneddirector
- 2010-11-30➖BLANEY, Alexander resigneddirector
- 2010-03-25➕BLANEY, Alexander appointeddirector
- 2010-03-23🏢Company incorporatedAs PRO-TEX FLOOR PROTECTION LIMITED
- 2010-03-23➕SMITH, Darren Bruce appointedsecretary
- 2010-03-23➕SMITH, Darren Bruce appointeddirector
- 2010-03-23➕BRIAN REID LTD. appointedcorporate-secretary
- 2010-03-23➖BRIAN REID LTD. resignedcorporate-secretary
- 2010-03-23➕MABBOTT, Stephen George appointeddirector
- 2010-03-23➖MABBOTT, Stephen George resigneddirector
- 2010-03-23➕YOUNIE, Richard Grant appointeddirector
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.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 16 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ronnie Mckenzie Smith Individual · British · DOB 05/1953 · age 73 | 50–75% | — | 50-75% shares | 06/04/2016 |
Mr Darren Bruce Smith Individual · British · DOB 03/1979 · age 47 | 25–50% | — | 25-50% 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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|---|---|---|---|---|---|---|---|
| FORTH IMPORT EXPORT LTD→ SC880666 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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| MOHSAN ENTERPRISES LTD→ SC639136 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ON-IT LIVESTOCK LTD→ SC866620 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PHILIP INDUSTRIAL LTD→ SC281824 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
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| PRECISION BIONUTRITION LIMITED→ SC860036 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| QUATRE VIN LTD→ SC686123 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| QUVO LIMITED→ SC743614 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| R W WARNOCK LTD→ SC421687 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
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 · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | NatWest Group Rbs Invoice Finance Limited | A registered charge | — | 24/11/2014 | — |