A.M.PHILPOT(HARD CHROME)LIMITED
- · Oldest live charge 22.6y old — refinance window within 12 months
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
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key 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 | 2025-06-30 | 2024-06-30 |
|---|---|---|
| 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.
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
- • 1 accounts
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (20 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-04-10📄capital-allotment-sharescapital · SH01
- 2024-03-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-03-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-03-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-06-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-04-12📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-04-12📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-03-31➕MORGAN, Lucy appointedsecretary
- 2021-03-31➖PHILPOT, Sylvia June resignedsecretary
- 2020-03-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-03-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-03-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-03-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-07📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2007-07-26🔒Charge registered #2Lender: David Philpot
- 2003-10-31🔒Charge registered #1Lender: National Westminster Bank PLC
- 1961-07-05🏢Company incorporatedAs A.M.PHILPOT(HARD CHROME)LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- 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
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew David Morgan Individual · British · DOB 03/1963 · age 63 | — | — | sig. influencesignificant influence | 01/08/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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 (3 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | David Philpot | Fixed and floating charge | 1 property | 26/07/2007 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 31/10/2003 | — |