ARDENT MODULAR SYSTEMS LIMITED
- 68100Buying and selling of own real estate
- 68209Other letting and operating of own or leased real estate
Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 70). 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 (73/100).
Refinance opportunity
3 live charges · oldest 1.2y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 1.2 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (83/100)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 | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £670.9k | £117.1k |
| Current assets | £119.5k | £119.7k |
| Cash | £525 | £76 |
| Debtors | £119.0k | £119.0k |
| Net assets | £3.0k | £332 |
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 confirmation-statement
Corporate timeline (22 events)Click to expand
- 2025-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-27🔒Charge registered #3Lender: Tsb Bank PLC
- 2025-02-27🔒Charge registered #2Lender: Tsb Bank PLC
- 2025-02-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-17🔒Charge registered #1Lender: Tsb Bank PLC
- 2024-12-16📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-09-16📄second-filing-capital-allotment-sharescapital · RP04SH01
- 2024-09-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-07-30📄capital-allotment-sharescapital · SH01
- 2024-07-30📄capital-name-of-class-of-sharescapital · SH08
- 2024-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-05📄memorandum-articlesincorporation · MA
- 2024-07-05📄resolutionresolution · RESOLUTIONS
- 2023-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2013-09-25🏢Company incorporatedAs ARDENT MODULAR SYSTEMS LIMITED
- 2013-09-25➕KEANE, Robert 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.
- +Founder age: Director aged approximately 70 — succession pressure is live.
- +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanGroup structure
Core Citi Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Core Citi Limited Corporate entity | 75–100% | — | 75-100% shares | 31/05/2024 |
1 historic (ceased) PSC
- Mr Robert Keaneceased 01/11/2023· 75-100% shares
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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10 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 (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Tsb Bank PLC | A registered charge | 1 property | 27/02/2025 | — | |
| outstanding | Lloyds Banking Group Tsb Bank PLC | A registered charge | 1 property | 27/02/2025 | — | |
| outstanding | Lloyds Banking Group Tsb Bank PLC | A registered charge | — | 17/02/2025 | — |