A.J.PLEDGER AND CO. (METALS) LIMITED

💤Zombieactive
00963493 · ltd · incorporated 1969-10-08
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2025
Net worth
£42.9k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Dormant / non-trading with a 84-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (78/100, director aged 84). 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

2 live charges · 2 lenders · oldest 42.2y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 42.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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 (1 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
105 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
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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £42,929

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£43k
~ YoY
Current Assets
Current Liabilities
£0£9k£17k£26k£34k£43kDec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-12-312024-12-31
Total assets£42.9k£42.9k
Debtors£42.9k£42.9k
Net assets£42.9k£42.9k

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

🔒Filing-note intelligence

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

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 (25 events)Click to expand
  1. 2026-05-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-02-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  3. 2025-02-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2025-01-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2025-01-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2025-01-17
    🔓
    Charge satisfied #2
  7. 2025-01-17
    🔓
    Charge satisfied #1
  8. 2024-01-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2023-04-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2023-02-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  11. 2023-02-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2022-06-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2021-09-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2020-12-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2020-09-16
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  16. 2020-04-01
    DALE, Oliver Maxwell resigned
    secretary
  17. 2019-08-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2019-01-23
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  19. 2018-09-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2002-11-06
    DALE, Miranda Jane resigned
    secretary
  21. 2002-11-06
    DALE, Oliver Maxwell appointed
    secretary
  22. 2002-11-06
    DALE, Miranda Jane resigned
    director
  23. 2001-10-18
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  24. 1984-03-07
    🔒
    Charge registered #1
    Lender: Midland Bank PLC
  25. 1969-10-08
    🏢
    Company incorporated
    As A.J.PLEDGER AND CO. (METALS) LIMITED

Owner dependency

90/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 84 — succession pressure is live.

Succession & seller-readiness

85/100
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 84 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 57 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.)

Group structure

Pegasus Horseshoes Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Pegasus Horseshoes Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
A.J.PLEDGER AND CO. (METALS) LIMITED
This company · 00963493

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
Pegasus Horseshoes Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

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

8 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
Incorporated1969-10-08
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company

Registered office

West Street
Stamford
Lincolnshire
PE9 2PN

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-02-23
Last: 2026-02-09

Officers (1 active · 3 resigned)

DALE, Simon Edward
director · ~84y
View their other companies + combined net worth →
Active
DALE, Miranda Jane
secretary · resigned 2002-11-06
Resigned
DALE, Oliver Maxwell
secretary · appointed 2002-11-06 · resigned 2020-04-01
Resigned
DALE, Miranda Jane
director · ~73y · resigned 2002-11-06
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
HSBC
Hsbc Bank PLC
Debenture1 property18/10/200117/01/2025
satisfied
Midland Bank
Midland Bank PLC
Fixed and floating charge1 property07/03/198417/01/2025

Recent filings (105 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-21
accounts-with-accounts-type-dormant
accounts · AA
2025-02-17
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-17
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-22
accounts-with-accounts-type-dormant
accounts · AA
2024-01-17
accounts-with-accounts-type-dormant
accounts · AA
2023-04-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-02-23
change-person-director-company-with-change-date
officers · CH01
2023-02-23
accounts-with-accounts-type-dormant
accounts · AA
2022-06-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-17