PLASCOAT SYSTEMS LIMITED

🌳Matureactive
00514584 · ltd · incorporated 1952-12-29
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 20160
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: conservative operator with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 77/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (62/100).

🏦

Refinance opportunity

10 live charges · 5 lenders · oldest 30.2y

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 30.2 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
18 officers (3 active, 18 linked, 15 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
205 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £1,350,000
Turned profitable
Returned to profit this year

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-12-312024-12-31
Profit before tax£1.35M£-315.0k
Average employees2831

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 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

Last 30 days
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (65 events)Click to expand
  1. 2026-06-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-09-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2025-07-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-07-08
    RIDDEX, Michael Anthony appointed
    director
  5. 2025-03-28
    YOUENS, Laura Michele appointed
    director
  6. 2025-03-28
    BLENKINSOPP, James Ian resigned
    director
  7. 2025-03-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-03-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-07-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2023-12-12
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2023-04-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2023-04-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2023-04-19
    🔓
    Charge satisfied #10
  14. 2023-04-19
    🔓
    Charge satisfied #9
  15. 2022-07-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2021-10-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2020-08-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2019-07-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2019-07-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2019-06-24
    DOLAN, Farrell appointed
    director
  21. 2019-06-24
    DAVIS, Michael Keith resigned
    director
  22. 2019-06-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  23. 2018-08-09
    📄
    accounts-with-accounts-type-group
    accounts · AA
  24. 2018-07-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2018-06-22
    🔒
    Charge registered #10
    Lender: Barclays Bank PLC
  26. 2017-12-20
    🔒
    Charge registered #9
    Lender: Barclays Bank PLC
  27. 2017-09-13
    🔓
    Charge satisfied #7
  28. 2017-08-18
    🔓
    Charge satisfied #8
  29. 2017-08-18
    🔓
    Charge satisfied #2
  30. 2017-08-14
    BILHAM, Keith John resigned
    secretary
  31. 2017-08-14
    BENSON, Patrick resigned
    director
  32. 2017-08-14
    BILHAM, Keith John resigned
    director
  33. 2017-08-14
    BLENKINSOPP, James Ian appointed
    director
  34. 2017-08-14
    DAVIS, Michael Keith appointed
    director
  35. 2017-08-14
    STOKE, Jeremy Michael resigned
    director
  36. 2014-01-07
    🔓
    Charge satisfied #6
  37. 2014-01-07
    🔓
    Charge satisfied #5
  38. 2014-01-07
    🔓
    Charge satisfied #4
  39. 2014-01-07
    🔓
    Charge satisfied #3
  40. 2013-07-30
    DUNNETT, Christopher Frederic resigned
    director
  41. 2013-04-15
    🔒
    Charge registered #8
    Lender: Bank of Scotland PLC
  42. 2009-11-10
    🔒
    Charge registered #7
    Lender: Lloyds Tsb Commercial Finance Limited
  43. 2007-06-13
    STOKE, Jeremy Michael appointed
    director
  44. 2004-12-24
    BILHAM, Keith John appointed
    secretary
  45. 2004-12-24
    ELKIN, George Frank resigned
    secretary
  46. 2003-03-31
    BENSON, Patrick appointed
    director
  47. 2003-03-31
    ELKIN, George Frank resigned
    director
  48. 2001-12-19
    BILHAM, Keith John appointed
    director
  49. 1999-09-04
    🔓
    Charge satisfied #1
  50. 1999-07-20
    🔒
    Charge registered #6
    Lender: The Governor and Company of the Bank of Scotland
Showing most recent 50 of 65 events

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

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

Axalta Coating Systems Uk Holding Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Axalta Coating Systems Uk Holding Limited
Corporate parent · holds 75-100% shares
ultimate parent
PLASCOAT SYSTEMS LIMITED
This company · 00514584

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
Axalta Coating Systems Uk Holding Limited
Corporate entity
75100%
75-100% shares14/08/2017
1 historic (ceased) PSC
  • International Process Technologies Limitedceased 14/08/2017· 75-100% shares

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 →

Similar companies

Active · Manufacturing · GU postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ALP HEATING LTD
13493540 · est 2021 · no financials extracted
4y
ALPHA WELDING LTD
15208548 · est 2023 · no financials extracted
2y
AM INDUSTRIAL (UK) LIMITED
06069541 · est 2007 · no financials extracted
19y
AMBIENCE AIR CONDITIONING LIMITED
15574115 · est 2024 · no financials extracted
2y
AMD TECHNIK (UK) LIMITED
06711434 · est 2008 · no financials extracted
17y
AMER SPORTS UK LIMITED
02757365 · est 1992 · no financials extracted
33y
AMERICAN SHUTTERS DISTRIBUTION LTD
07743611 · est 2011 · no financials extracted
14y
ANDREW CROOK METALSMITHS LIMITED
07699470 · est 2011 · no financials extracted
14y
ANOTHER PERFECT DELIVERY LIMITED
04009145 · est 2000 · no financials extracted
25y
ANVILLE SENSORS LTD
04302730 · est 2001 · no financials extracted
24y
APJ OIL & GAS LTD
11295721 · est 2018 · no financials extracted
8y
APOHLI LIMITED
16421391 · est 2025 · no financials extracted
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated1952-12-29
Jurisdictionengland-wales
Primary SIC20160 — SIC 20160

Registered office

Trading Estate
Farnham
Surrey
GU9 9NY

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-03-23
Last: 2026-03-09

Officers (3 active · 15 resigned)

DOLAN, Farrell
director · ~57y · appointed 2019-06-24
View their other companies + combined net worth →
Active
RIDDEX, Michael Anthony
director · ~57y · appointed 2025-07-08
View their other companies + combined net worth →
Active
YOUENS, Laura Michele
director · ~43y · appointed 2025-03-28
View their other companies + combined net worth →
Active
BILHAM, Keith John
secretary · appointed 2004-12-24 · resigned 2017-08-14
Resigned
ELKIN, George Frank
secretary · appointed 1996-04-23 · resigned 2004-12-24
Resigned
INVENSYS SECRETARIES LIMITED
corporate-secretary · resigned 1996-04-23
Resigned
BENSON, Patrick
director · ~70y · appointed 2003-03-31 · resigned 2017-08-14
Resigned
BILHAM, Keith John
director · ~69y · appointed 2001-12-19 · resigned 2017-08-14
Resigned
BLENKINSOPP, James Ian
director · ~69y · appointed 2017-08-14 · resigned 2025-03-28
Resigned
BROWN, Robert Casson
director · ~87y · appointed 1993-06-07 · resigned 1996-04-23
Resigned
DAVIS, Michael Keith
director · ~64y · appointed 2017-08-14 · resigned 2019-06-24
Resigned
DUNNETT, Christopher Frederic
director · ~75y · appointed 1994-04-07 · resigned 2013-07-30
Resigned
ELKIN, George Frank
director · ~79y · resigned 2003-03-31
Resigned
STOKE, Jeremy Michael
director · ~75y · appointed 2007-06-13 · resigned 2017-08-14
Resigned
THOM, James Demmink
director · ~80y · resigned 1996-04-23
Resigned
WALTERS, Harold Edward
director · ~87y · resigned 1996-04-23
Resigned
WILLIAMS, Stanley Killa
director · ~81y · resigned 1993-06-08
Resigned
WILSON, David John
director · ~89y · resigned 1994-04-07
Resigned

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

Mortgages & charges

10
Total charges
0
Outstanding
0
Active lenders
Status:Lender:10 of 10 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
A registered charge22/06/201819/04/2023
satisfied
Barclays
Barclays Bank PLC
A registered charge20/12/201719/04/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property15/04/201318/08/2017
satisfied
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited
All assets debenture1 property10/11/200913/09/2017
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property20/07/199907/01/2014
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property29/03/199907/01/2014
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property29/03/199907/01/2014
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Legal charge1 property29/03/199907/01/2014
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Debenture containing fixed and floating charges1 property29/03/199918/08/2017
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland as Security Trustee for the Beneficiaries (Asdefined)
Guarantee and debenture1 property23/04/199604/09/1999

Recent filings (205 total)

accounts-with-accounts-type-full
accounts · AA
2026-06-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-09
accounts-with-accounts-type-full
accounts · AA
2025-09-22
appoint-person-director-company-with-name-date
officers · AP01
2025-07-10
appoint-person-director-company-with-name-date
officers · AP01
2025-03-28
termination-director-company-with-name-termination-date
officers · TM01
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-27
accounts-with-accounts-type-full
accounts · AA
2024-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-27
accounts-with-accounts-type-full
accounts · AA
2023-12-12
mortgage-satisfy-charge-full
mortgage · MR04
2023-04-19
mortgage-satisfy-charge-full
mortgage · MR04
2023-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-27
accounts-with-accounts-type-full
accounts · AA
2022-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-25