A K PRECISION LIMITED
⚰️Wound downdissolved
04487578 · ltd · incorporated 2002-07-16
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
53/100
Worth a look
What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
ALSO REGISTERED FOR
- 25990SIC 25990
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 53/100 (worth a look), bankability 42/100. Strong seller-intent signal (65/100, director aged 60). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 23.8y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 23.8 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 55/100 (high).
Data confidence
Overall: low (48/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
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 (40 events)Click to expand
- 2019-01-17⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2019-01-17🏁Company dissolved
- 2018-10-17⚠️liquidation-voluntary-creditors-return-of-final-meetinginsolvency · LIQ14
- 2017-10-17⚠️liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-dateinsolvency · LIQ03
- 2017-09-26⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2017-09-26⚠️liquidation-voluntary-removal-of-liquidator-by-courtinsolvency · LIQ10
- 2016-08-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-08-16⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2016-08-16📄resolutionresolution · RESOLUTIONS
- 2016-08-16⚠️liquidation-voluntary-statement-of-affairs-with-form-attachedinsolvency · 4.20
- 2016-05-16📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-07-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-11-03📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-07-16📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-12-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-07-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-12-04📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-07-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-02-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-08-03📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-03-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-09-29📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-04-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-11-26📄legacymortgage · MG01
- 2009-11-25🔒Charge registered #4Lender: Close Invoice Finance LTD
- 2009-09-10📄legacyannual-return · 363a
- 2008-12-04📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-10-16🔒Charge registered #3Lender: National Westminster Bank PLC
- 2006-09-21🔓Charge satisfied #2
- 2003-08-06🔒Charge registered #2Lender: Hsbc Bank PLC
- 2002-10-03🔓Charge satisfied #1
- 2002-08-01🔒Charge registered #1Lender: Hsbc Bank PLC
- 2002-07-17➕READ, Tracy Jayne appointedsecretary
- 2002-07-17➕READ, Tracy Jayne appointeddirector
- 2002-07-17➕READ, Wayne Ashley appointeddirector
- 2002-07-17➖CDF SECRETARIAL SERVICES LIMITED resignedcorporate-nominee-secretary
- 2002-07-17➖CDF FORMATIONS LIMITED resignedcorporate-nominee-director
- 2002-07-16🏢Company incorporatedAs A K PRECISION LIMITED
- 2002-07-16➕CDF SECRETARIAL SERVICES LIMITED appointedcorporate-nominee-secretary
- 2002-07-16➕CDF FORMATIONS LIMITED appointedcorporate-nominee-director
Owner dependency
84/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 24 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
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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
2 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2019-01-17
7 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2019-01-17: gazette-dissolved-liquidation; 2018-10-17: liquidation-voluntary-creditors-return-of-final-meeting
🔒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 →Similar companies
Active · Manufacturing · NR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A B CREATIVE DESIGNS LTD→ 08585817 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| A.C.BACON ENGINEERING LIMITED→ 00711612 · est 1961 · no financials extracted | — | — | — | — | 64y | — | — |
| ACTION FOR SWIFTS TRADING LTD→ 13945985 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ADANDE REFRIGERATION LIMITED→ 10719443 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ADG OILFIELD SERVICES LIMITED→ 09222482 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AIRGUNMOUNTS LTD→ 15459197 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AJ BUILDING CONTRACTORS LTD→ 17124367 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALAN AMIS-WIND QA & CLIENT REPRESENTATIVE LIMITED→ 16908255 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALATE LTD→ 17122217 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALBION MANUFACTURING LTD→ 00683588 · est 1961 · no financials extracted | — | — | — | — | 65y | — | — |
| ALFIE COOKS LTD→ 15355579 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALISON MICROWAVE LIMITED→ 01976804 · est 1986 · no financials extracted | — | — | — | — | 40y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Statusdissolved
Typeltd
Incorporated2002-07-16
Jurisdictionengland-wales
Primary SIC25110 — Manufacture of metal structures and parts of structures
Registered office
5th Floor The Union Building
51-59 Rose Lane
Norwich
Norfolk
NR1 1BY
Filing status
Accounts
Next due: —
Last made up to: 2015-07-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 2 resigned)
Active
READ, Tracy Jayne→
Activedirector · ~58y · appointed 2002-07-17
View their other companies + combined net worth →
READ, Wayne Ashley→
Activedirector · ~60y · appointed 2002-07-17
View their other companies + combined net worth →
CDF SECRETARIAL SERVICES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-07-16 · resigned 2002-07-17
CDF FORMATIONS LIMITED→
Resignedcorporate-nominee-director · appointed 2002-07-16 · resigned 2002-07-17
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Close Invoice Finance Close Invoice Finance LTD | Debenture | 1 property | 25/11/2009 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 16/10/2007 | — | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 06/08/2003 | 21/09/2006 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 01/08/2002 | 03/10/2002 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (50 total)
gazette-dissolved-liquidation
gazette · GAZ2
2019-01-17
liquidation-voluntary-creditors-return-of-final-meeting
insolvency · LIQ14
2018-10-17
liquidation-voluntary-statement-of-receipts-and-payments-with-brought-down-date
insolvency · LIQ03
2017-10-17
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2017-09-26
liquidation-voluntary-removal-of-liquidator-by-court
insolvency · LIQ10
2017-09-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-08-18
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2016-08-16
resolution
resolution · RESOLUTIONS
2016-08-16
liquidation-voluntary-statement-of-affairs-with-form-attached
insolvency · 4.20
2016-08-16
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-05-16
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-07-17
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-11-03
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-07-16
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-12-02
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-07-23