TEXO TECHNOLOGIES LIMITED
Opportunity 76/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (72/100)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
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2024-11-30 |
|---|---|
| Average employees | 500 |
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 accounts
Corporate timeline (17 events)Click to expand
- 2026-01-16📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-08-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-23📄memorandum-articlesincorporation · MA
- 2024-01-23📄resolutionresolution · RESOLUTIONS
- 2023-12-22📄resolutionresolution · RESOLUTIONS
- 2023-09-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-02✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-02-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-10➖MCHARDY, Colin resigneddirector
- 2022-07-04📄memorandum-articlesincorporation · MA
- 2022-07-04📄resolutionresolution · RESOLUTIONS
- 2021-11-29🏢Company incorporatedAs TEXO TECHNOLOGIES LIMITED
- 2021-11-29➕MCKAY, Patrick Gerard appointeddirector
- 2021-11-29➕SMITH, Christopher Hayden appointeddirector
- 2021-11-29➕MCHARDY, Colin appointeddirector
- 2021-11-29📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanGroup structure
Texo Group Limited holds 25-50% — a significant corporate investor but not a controlling parent.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Patrick Gerard Mckay Individual · British · DOB 11/1968 · age 58 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 29/11/2021 |
Texo Group Limited Corporate entity | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 29/11/2021 |
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 · 1 resigned)
Click a director name to see their full track record across all companies.