CHIPSAWAY INTERNATIONAL LTD.

🌳Matureactive
02962763 · ltd · incorporated 1994-08-26
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (73/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

9 live charges · 6 lenders · oldest 22.6y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 22.6 years old — likely at or near maturity.
  • · 6 lenders named — inter-creditor friction likely.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (61/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
29 officers (3 active, 29 linked, 20 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
24 connected companies via shared directors
90
Filing history
173 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (93 events)Click to expand
  1. 2025-09-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2025-09-11
    🔓
    Charge satisfied #8
  3. 2025-09-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-08-28
    🔒
    Charge registered #9
    Lender: Hsbc UK Bank PLC (As Security Agent)
  5. 2025-08-08
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  6. 2025-08-08
    📄
    legacy
    accounts · PARENT_ACC
  7. 2025-08-08
    📄
    legacy
    other · GUARANTEE2
  8. 2025-08-08
    📄
    legacy
    other · AGREEMENT2
  9. 2024-10-09
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  10. 2024-10-09
    📄
    legacy
    accounts · PARENT_ACC
  11. 2024-10-09
    📄
    legacy
    other · AGREEMENT2
  12. 2024-10-09
    📄
    legacy
    other · GUARANTEE2
  13. 2023-10-02
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  14. 2023-10-02
    📄
    legacy
    accounts · PARENT_ACC
  15. 2023-10-02
    📄
    legacy
    other · AGREEMENT2
  16. 2023-10-02
    📄
    legacy
    other · GUARANTEE2
  17. 2023-05-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2023-05-11
    🔓
    Charge satisfied #7
  19. 2023-04-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2023-04-03
    🔒
    Charge registered #8
    Lender: National Westminster Bank PLC (As Security Agent)
  21. 2022-10-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  22. 2022-07-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2022-07-26
    HOGAN, Brian Joseph resigned
    director
  24. 2022-05-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2022-05-01
    HOGAN, Brian Joseph appointed
    director
  26. 2022-03-10
    DENT, John Christopher Stewart resigned
    director
  27. 2022-03-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  28. 2019-12-02
    MOLLOY, Peter John appointed
    director
  29. 2017-07-17
    DENT, John Christopher Stewart appointed
    director
  30. 2017-04-13
    🔓
    Charge satisfied #6
  31. 2017-03-22
    🔒
    Charge registered #7
    Lender: Hsbc Bank PLC
  32. 2017-03-01
    MALLOWS, Andrew John appointed
    director
  33. 2012-08-31
    EVANS, Lloyd Douglas resigned
    director
  34. 2012-04-17
    BALL, Peter James resigned
    director
  35. 2012-02-17
    HARRIS, Timothy John appointed
    director
  36. 2010-04-01
    BIGNELL, Steven Thomas resigned
    director
  37. 2010-04-01
    WILD, Roger Eric resigned
    director
  38. 2009-11-24
    🔓
    Charge satisfied #4
  39. 2009-11-24
    🔓
    Charge satisfied #3
  40. 2009-09-17
    🔓
    Charge satisfied #5
  41. 2009-03-31
    🔒
    Charge registered #6
    Lender: National Westminster Bank PLC
  42. 2008-10-03
    VENUS, David Anthony resigned
    secretary
  43. 2008-09-04
    BIGNELL, Steven Thomas appointed
    director
  44. 2008-09-04
    O'CONNELL, Russell resigned
    director
  45. 2008-09-04
    WILD, Roger Eric appointed
    director
  46. 2008-09-02
    BIGNELL, Steven Thomas resigned
    director
  47. 2008-09-02
    WILD, Roger Eric resigned
    director
  48. 2008-03-06
    🔓
    Charge satisfied #1
  49. 2008-02-22
    JENKINS, Jonathan Maxwell resigned
    director
  50. 2008-02-22
    RITCHIE, Simon Laird Mcneill resigned
    director
Showing most recent 50 of 93 events

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

73/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 14 years.
  • secondaryStable-but-static management: Company is 32 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 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Franchise Brands Plc is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Franchise Brands Plc
Corporate parent · holds 75-100% shares · board control
ultimate parent
CHIPSAWAY INTERNATIONAL LTD.
This company · 02962763

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%
NameSharesVoting rightsNature of controlNotified
Franchise Brands Plc
Corporate entity
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence15/07/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒Advanced scoring suite

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

Statusactive
Typeltd
Incorporated1994-08-26
Jurisdictionengland-wales
Primary SIC70100 — Activities of head offices

Registered office

Ashwood Court Springwood Close
Tytherington Business Park
Macclesfield
SK10 2XF
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-01
Last: 2025-08-18

Officers (3 active · 26 resigned)

HARRIS, Timothy John
director · ~63y · appointed 2012-02-17
View their other companies + combined net worth →
Active
MALLOWS, Andrew John
director · ~57y · appointed 2017-03-01
View their other companies + combined net worth →
Active
MOLLOY, Peter John
director · ~65y · appointed 2019-12-02
View their other companies + combined net worth →
Active
BICKNELL, Nicholas
secretary · appointed 2005-11-28 · resigned 2006-01-17
Resigned
BICKNELL, Nicholas
secretary · appointed 2003-09-20 · resigned 2004-01-21
Resigned
EVANS, Lloyd Douglas
secretary · appointed 2006-01-17 · resigned 2007-11-06
Resigned
HANCOX, Elizabeth Louise, Dr
secretary · appointed 2005-08-01 · resigned 2005-11-28
Resigned
LAWTON, Jacquetta Clare
secretary · appointed 2004-01-21 · resigned 2005-07-31
Resigned
PELLING, Dennis Richard Rex
secretary · appointed 1994-08-26 · resigned 2003-09-20
Resigned
VENUS, David Anthony
secretary · appointed 2007-11-06 · resigned 2008-10-03
Resigned
SWIFT INCORPORATIONS LIMITED
corporate-nominee-secretary · appointed 1994-08-26 · resigned 1994-08-26
Resigned
BALL, Peter James
director · ~51y · appointed 2008-01-24 · resigned 2012-04-17
Resigned
BICKNELL, Nicholas
director · ~64y · appointed 2003-09-20 · resigned 2007-06-30
Resigned
BIGNELL, Steven Thomas
director · ~70y · appointed 2008-09-04 · resigned 2010-04-01
Resigned
BIGNELL, Steven Thomas
director · ~70y · appointed 2003-09-20 · resigned 2008-09-02
Resigned
DENT, John Christopher Stewart
director · ~46y · appointed 2017-07-17 · resigned 2022-03-10
Resigned
EVANS, Lloyd Douglas
director · ~60y · appointed 2006-11-02 · resigned 2012-08-31
Resigned
HOGAN, Brian Joseph
director · ~62y · appointed 2022-05-01 · resigned 2022-07-26
Resigned
JENKINS, Jonathan Maxwell
director · ~56y · appointed 2007-11-06 · resigned 2008-02-22
Resigned
O'CONNELL, Russell
director · ~69y · appointed 2007-11-06 · resigned 2008-09-04
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

9
Total charges
1
Outstanding
1
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC (As Security Agent)
A registered charge28/08/2025
satisfied
National Westminster Bank (As Security Agent)
National Westminster Bank PLC (As Security Agent)
A registered charge03/04/202311/09/2025
satisfied
HSBC
Hsbc Bank PLC
A registered charge22/03/201711/05/2023
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property31/03/200913/04/2017
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Debenture1 property06/11/200717/09/2009
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Debenture1 property27/03/200724/11/2009
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
An omnibus guarantee and set-off agreement1 property27/03/200724/11/2009
satisfied
HSBC
Hsbc Bank PLC
Debenture1 property20/09/200329/09/2007
satisfied
Barclays
Barclays Unquoted Investments Limited
Debenture1 property20/09/200306/03/2008
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (173 total)

mortgage-satisfy-charge-full
mortgage · MR04
2025-09-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-19
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-08-08
legacy
accounts · PARENT_ACC
2025-08-08
legacy
other · GUARANTEE2
2025-08-08
legacy
other · AGREEMENT2
2025-08-08
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-10-09
legacy
accounts · PARENT_ACC
2024-10-09
legacy
other · AGREEMENT2
2024-10-09
legacy
other · GUARANTEE2
2024-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-19
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2023-10-02
legacy
accounts · PARENT_ACC
2023-10-02
legacy
other · AGREEMENT2
2023-10-02