A.M.PHILPOT(HARD CHROME)LIMITED

🌳Matureactive
00697388 · ltd · incorporated 1961-07-05
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 22.6y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Machining
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 94-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 94). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 22.6y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 22.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (77/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
98 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£94k£189k£283k£378k£472kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£344.2k
Current assets£472.3k
Cash£191.1k
Debtors£259.1k
Net assets£331.4k

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
0
filings
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 (20 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-04-10
    📄
    capital-allotment-shares
    capital · SH01
  4. 2024-03-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2023-03-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2022-03-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2021-06-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2021-04-12
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  9. 2021-04-12
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2021-03-31
    MORGAN, Lucy appointed
    secretary
  11. 2021-03-31
    PHILPOT, Sylvia June resigned
    secretary
  12. 2020-03-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2019-03-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2018-03-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2017-03-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-03-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-12-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2007-07-26
    🔒
    Charge registered #2
    Lender: David Philpot
  19. 2003-10-31
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  20. 1961-07-05
    🏢
    Company incorporated
    As A.M.PHILPOT(HARD CHROME)LIMITED

Owner dependency

88/100
Critical — business is the founder

The 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.
  • +Founder name in company name: Company name contains director surname "PHILPOT" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 94 — succession pressure is live.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 94 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 65 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Andrew David Morgan
Individual · British · DOB 03/1963 · age 63
sig. influencesignificant influence01/08/2016

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

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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
Incorporated1961-07-05
Jurisdictionengland-wales
Primary SIC25620 — Machining

Registered office

Unit D
Cradock Road Industrial Estate
Cradock Road, Luton
Bedfordshire
LU4 0JF

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-12-14
Last: 2025-11-30

Officers (3 active · 1 resigned)

MORGAN, Lucy
secretary · appointed 2021-03-31
View their other companies + combined net worth →
Active
MORGAN, Andrew David
director · ~63y
View their other companies + combined net worth →
Active
PHILPOT, David John
director · ~94y
View their other companies + combined net worth →
Active
PHILPOT, Sylvia June
secretary · resigned 2021-03-31
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
David Philpot
Fixed and floating charge1 property26/07/2007
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property31/10/2003
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (98 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-08
capital-allotment-shares
capital · SH01
2024-04-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-06-07
appoint-person-secretary-company-with-name-date
officers · AP03
2021-04-12
termination-secretary-company-with-name-termination-date
officers · TM02
2021-04-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-14