TOWNHILL WELDING LIMITED
- · Oldest live charge 9.5y old — refinance window within 12 months
Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
1 live charge · oldest 9.5y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 9.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
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 | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Total assets | £63.2k | £67.3k |
| Current assets | £148.1k | £200.2k |
| Cash | £44.5k | £12.8k |
| Debtors | £91.2k | £124.4k |
| Net assets | £63.2k | £67.3k |
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 accounts
- • 1 accounts
Corporate timeline (20 events)Click to expand
- 2026-02-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-01-11📄change-person-director-company-with-change-dateofficers · CH01
- 2020-08-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-08-18📄change-person-director-company-with-change-dateofficers · CH01
- 2020-02-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2017-04-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2017-01-12📄change-person-director-company-with-change-dateofficers · CH01
- 2016-10-19🔒Charge registered #1Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
- 2012-05-11➕NEWALL, Andrew appointeddirector
- 2011-08-31🏢Company incorporatedAs TOWNHILL WELDING LIMITED
- 2011-08-31➕NEWALL, Kevin Andrew appointeddirector
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.
- +Founder age: Director aged approximately 66 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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.
- secondary12+ year tenure: Director in role 15 years.
- 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 Kevin Andrew Newall Individual · British · DOB 02/1986 · age 40 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Andrew Newall Individual · British · DOB 11/1960 · age 66 | 25–50% | 25–50% | 25-50% shares · 25-50% 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.
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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 (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111) | A registered charge | — | 19/10/2016 | — |