AUDUS NOBLE PLASTICS LIMITED

🌳Matureactive
00794200 · ltd · incorporated 1964-03-03
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
61/100
Worth a look
🔔
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What this business does
Primary activity: SIC 2524
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 47/100. Strong seller-intent signal (88/100, director aged 82). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (45/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

12 live charges · 6 lenders · oldest 56.5y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 56.5 years old — likely at or near maturity.
  • · 6 lenders named — inter-creditor friction likely.
  • · Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: low (49/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 5 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
76 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
41
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 (57 events)Click to expand
  1. 2016-04-05
    📄
    restoration-order-of-court
    restoration · AC92
  2. 2007-02-22
    📍
    legacy
    address · 287
  3. 2007-02-22
    📍
    legacy
    address · 287
  4. 2007-02-17
    📄
    legacy
    dissolution · 652a
  5. 2006-02-16
    📄
    legacy
    annual-return · 363s
  6. 2006-02-16
    📄
    legacy
    annual-return · 363(288)
  7. 2006-02-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2005-03-19
    📄
    legacy
    mortgage · 403a
  9. 2005-03-19
    📄
    legacy
    mortgage · 403a
  10. 2005-03-19
    📄
    legacy
    mortgage · 403a
  11. 2005-03-19
    📄
    legacy
    mortgage · 403a
  12. 2005-03-19
    📄
    legacy
    mortgage · 403a
  13. 2005-03-19
    📄
    legacy
    mortgage · 403a
  14. 2005-03-19
    📄
    legacy
    mortgage · 403a
  15. 2005-03-19
    📄
    legacy
    mortgage · 403a
  16. 2005-03-19
    🔓
    Charge satisfied #12
  17. 2005-03-19
    🔓
    Charge satisfied #11
  18. 2005-03-19
    🔓
    Charge satisfied #10
  19. 2005-03-19
    🔓
    Charge satisfied #9
  20. 2005-03-19
    🔓
    Charge satisfied #8
  21. 2005-03-19
    🔓
    Charge satisfied #6
  22. 2005-03-19
    🔓
    Charge satisfied #3
  23. 2005-03-19
    🔓
    Charge satisfied #2
  24. 2005-01-21
    📄
    legacy
    annual-return · 363s
  25. 2005-01-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  26. 2004-02-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  27. 2004-01-12
    📄
    legacy
    annual-return · 363s
  28. 2003-01-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  29. 2002-06-26
    📄
    auditors-resignation-company
    auditors · AUD
  30. 2002-02-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  31. 2001-06-12
    📄
    legacy
    accounts · 225
  32. 2000-06-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  33. 2000-01-19
    📄
    legacy
    annual-return · 363(288)
  34. 1998-04-22
    🔒
    Charge registered #12
    Lender: Tsb Commercial Finance Limited
  35. 1997-01-16
    🔒
    Charge registered #11
    Lender: Barclays Bank PLC
  36. 1996-11-07
    🔓
    Charge satisfied #7
  37. 1996-05-11
    EARL, Brian Norman appointed
    secretary
  38. 1996-05-11
    EARL, Brian Norman appointed
    director
  39. 1996-05-11
    STEPHENSON, Keith appointed
    director
  40. 1996-05-11
    THOMPSON, David Noble resigned
    secretary
  41. 1996-05-11
    THACKWRAY, Denis resigned
    director
  42. 1996-05-11
    THOMPSON, David Noble resigned
    director
  43. 1996-05-11
    WELFORD, John Audus resigned
    director
  44. 1996-05-11
    🔒
    Charge registered #10
    Lender: Barclays Bank PLC
  45. 1995-11-30
    🔓
    Charge satisfied #5
  46. 1995-11-30
    🔓
    Charge satisfied #4
  47. 1995-11-30
    🔓
    Charge satisfied #1
  48. 1995-07-11
    🔒
    Charge registered #9
    Lender: Barclays Bank PLC
  49. 1993-04-30
    🔒
    Charge registered #8
    Lender: Barclays Bank PLC
  50. 1991-06-12
    🔒
    Charge registered #7
    Lender: Forward Trust Limited
Showing most recent 50 of 57 events

Owner dependency

83/100
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.
  • +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 82 — succession pressure is live.

Succession & seller-readiness

91/100
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 82 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 62 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2007-01-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2017-01-29

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.

🔒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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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.

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Company details

Statusactive
Typeltd
Incorporated1964-03-03
Jurisdictionengland-wales
Primary SIC2524 — SIC 2524

Registered office

Stoneycroft
Hadrian Court
Humshaugh
Northumberland
NE46 4DE

Filing status

Accounts
Next due: 2007-01-31OVERDUE
Last made up to: 2005-03-31
Confirmation statement
Next due: 2017-01-29OVERDUE
Last:

Officers (3 active · 4 resigned)

EARL, Brian Norman
secretary · appointed 1996-05-11
View their other companies + combined net worth →
Active
EARL, Brian Norman
director · ~82y · appointed 1996-05-11
View their other companies + combined net worth →
Active
STEPHENSON, Keith
director · ~79y · appointed 1996-05-11
View their other companies + combined net worth →
Active
THOMPSON, David Noble
secretary · resigned 1996-05-11
Resigned
THACKWRAY, Denis
director · ~91y · resigned 1996-05-11
Resigned
THOMPSON, David Noble
director · ~90y · resigned 1996-05-11
Resigned
WELFORD, John Audus
director · ~100y · resigned 1996-05-11
Resigned

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

Mortgages & charges

12
Total charges
0
Outstanding
0
Active lenders
Status:Lender:12 of 12 shown
TypeProperties
satisfied
Lloyds Banking Group
Tsb Commercial Finance Limited
Debenture deed1 property22/04/199819/03/2005
satisfied
Barclays
Barclays Bank PLC
Guarantee & debenture1 property16/01/199719/03/2005
satisfied
Barclays
Barclays Bank PLC
Guarantee & debenture1 property11/05/199619/03/2005
satisfied
Barclays
Barclays Bank PLC
Fixed charge supplemental to a guarantee and debenture dated 29TH june 1971 issued by the company1 property11/07/199519/03/2005
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property30/04/199319/03/2005
satisfied
Forward Trust
Forward Trust Limited
Chattels mortgage1 property12/06/199107/11/1996
satisfied
Barclays
Barclays Bank PLC
Chattel mortgage1 property14/03/198919/03/2005
satisfied
Secretary of State for Industry
Debenture1 property21/09/198230/11/1995
satisfied
Ffi (UK Finance)
Ffi (UK Finance) Limited
Legal mortgage1 property21/01/198130/11/1995
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property16/01/198119/03/2005
satisfied
Barclays
Barclays Bank PLC
Guarantee and debenture1 property29/06/197119/03/2005
satisfied
Industrial and Commercial Finance Corporation
Industrial and Commercial Finance Corporation LTD
Debenture1 property05/01/197030/11/1995

Recent filings (76 total)

restoration-order-of-court
restoration · AC92
2016-04-05
legacy
address · 287
2007-02-22
legacy
address · 287
2007-02-22
legacy
dissolution · 652a
2007-02-17
legacy
annual-return · 363s
2006-02-16
legacy
annual-return · 363(288)
2006-02-16
accounts-with-accounts-type-full
accounts · AA
2006-02-06
legacy
mortgage · 403a
2005-03-19
legacy
mortgage · 403a
2005-03-19
legacy
mortgage · 403a
2005-03-19
legacy
mortgage · 403a
2005-03-19
legacy
mortgage · 403a
2005-03-19
legacy
mortgage · 403a
2005-03-19
legacy
mortgage · 403a
2005-03-19
legacy
mortgage · 403a
2005-03-19