APPLIED PHOTOPHYSICS LIMITED
🌳Matureactive
01006739 · ltd · incorporated 1971-04-01
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 Jun 2024
Net worth
—
book net assets
Opportunity
55/100
Worth a look
What this business does
Primary activity: SIC 26511
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed admin-neglect survivor — structural issues outweigh the discount.
Opportunity 55/100 (worth a look), bankability 37/100. 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: refinance and hold (40/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
16 live charges · 9 lenders · oldest 45.4y
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 45.4 years old — likely at or near maturity.
- · 9 lenders named — inter-creditor friction likely.
- · Legal-friction score 63/100 (high).
Data confidence
Overall: medium (73/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
16 charges (16/16 with lender, 16/16 with type)
90
Directors & officers
27 officers (5 active, 27 linked, 23 with DOB)
87
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
227 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
55/100Worth 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
50
Some acquirability indicators.
Risk profile
48
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-06-30 |
|---|---|
| Average employees | 3700 |
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 officers
Last 180 days
5
filings
- • 3 officers
- • 1 confirmation-statement
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (91 events)Click to expand
- 2026-04-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-04-16➕COLE, Lindsay John, Dr. appointeddirector
- 2026-02-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-12-29🔓Charge satisfied #9
- 2025-11-27📄resolutionresolution · RESOLUTIONS
- 2025-11-27📄memorandum-articlesincorporation · MA
- 2025-11-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-14🔒Charge registered #16Lender: Canadian Imperial Bank of Commerce
- 2025-11-14🔒Charge registered #15Lender: Swk Funding Llc
- 2025-11-14🔒Charge registered #14Lender: Swk Funding Llc
- 2025-11-14🔒Charge registered #13Lender: Swk Funding Llc
- 2025-06-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-04📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-06-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-27➕BAST, Aaron appointeddirector
- 2025-05-27➕CALVERT, Colin appointeddirector
- 2025-05-27➕DENOMME, Ryan appointeddirector
- 2025-05-27➕SAMUELS, Russell appointeddirector
- 2025-05-27➖WINT, Ian Stuart resignedsecretary
- 2025-05-27➖BERGLUND, David Erik Magnus resigneddirector
- 2025-05-27➖GREGSON, David resigneddirector
- 2025-05-27➖O'BRIC, Karin Charlotte resigneddirector
- 2025-05-27➖RONAN, Gerard Anthony, Dr resigneddirector
- 2025-05-27➖WALKER, Paul Iran resigneddirector
- 2025-05-21📄mortgage-satisfy-charge-partmortgage · MR04
- 2025-05-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-05-12📄accounts-with-accounts-type-smallaccounts · AA
- 2024-09-23➖FLANAGAN, Timothy, Dr resigneddirector
- 2024-06-30➖NEGLIA, Marc resigneddirector
- 2021-05-12🔓Charge satisfied #8
- 2021-01-17🔓Charge satisfied #10
- 2021-01-05🔒Charge registered #12Lender: Innovate UK Loans Limited
- 2020-07-01➕NEGLIA, Marc appointeddirector
- 2020-02-11➕WINT, Ian Stuart appointedsecretary
- 2020-01-17➖MCCLOUNAN, Jason resignedsecretary
- 2020-01-13➕FLANAGAN, Timothy, Dr appointeddirector
- 2019-05-09🔒Charge registered #11Lender: Innovate UK Loans Limited
- 2019-02-25➖MADDEN, Margaret Louise resigneddirector
Showing most recent 50 of 91 events
Owner dependency
40/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -5 active directors: Broader management team in place — suggests transferable governance.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
1 high · 2 med · 1 lowAccounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-03-31
4 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2025-11-14: A registered charge; 2025-11-14: A registered charge; 2025-11-14: A registered charge
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Apl Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Apl Holdings Ltd
Corporate parent · holds 75-100% shares · board control
⬇
APPLIED PHOTOPHYSICS LIMITED
This company · 01006739
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Apl Holdings Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control · firm interest | 15/12/2021 |
2 historic (ceased) PSCs
- Karin Charlotte O'Bricceased 19/05/2025· significant influence · firm interest
- Mr David Erik Magnus Berglundceased 04/12/2023· significant influence
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 · KT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| APPLEGROVE PROPERTY SERVICES LTD→ 14371715 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| APPLETON MAY & SONS LTD→ 08451543 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| APPLIED SYSTEM INTERIORS LIMITED→ 11920884 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AQUA BROADCAST LIMITED→ 12442996 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AQUAZEN LTD→ 17013614 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AQUILAR LIMITED→ 04036575 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ARC POLYMERS LTD→ 14721269 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ARCADIA CARPENTRY CONTRACTORS LTD→ 12770097 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ARCADIA DESIGN & BUILD LTD→ 11672753 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AREL LIGHTING LTD→ 16004616 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARG BUILDERS LTD→ 16140646 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARGYLL METALS LIMITED→ 14039524 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated1971-04-01
Jurisdictionengland-wales
Primary SIC26511 — SIC 26511
Registered office
21 Mole Business Park
Leatherhead
Surrey
KT22 7BA
Filing status
Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-12-16
Last: 2025-12-02
Officers (5 active · 22 resigned)
Active
CALVERT, Colin→
Activedirector · ~37y · appointed 2025-05-27
View their other companies + combined net worth →
COLE, Lindsay John, Dr.→
Activedirector · ~49y · appointed 2026-04-16
View their other companies + combined net worth →
DENOMME, Ryan→
Activedirector · ~39y · appointed 2025-05-27
View their other companies + combined net worth →
SAMUELS, Russell→
Activedirector · ~41y · appointed 2025-05-27
View their other companies + combined net worth →
DICKINSON, John Mclennan→
Resignedsecretary · resigned 2000-06-07
JOHNSON, Paul James→
Resignedsecretary · appointed 2000-06-07 · resigned 2017-09-27
MCCLOUNAN, Jason→
Resignedsecretary · appointed 2017-09-27 · resigned 2020-01-17
WINT, Ian Stuart→
Resignedsecretary · appointed 2020-02-11 · resigned 2025-05-27
BERGLUND, David Erik Magnus→
Resigneddirector · ~52y · appointed 2004-09-10 · resigned 2025-05-27
BERGLUND, Jan Erik, Dr→
Resigneddirector · ~88y · resigned 2013-06-14
BERGLUND, Marie-Louise Agneta→
Resigneddirector · ~83y · appointed 2010-03-08 · resigned 2012-05-04
DAHLKVIST, Nils Goran→
Resigneddirector · ~90y · resigned 2008-06-27
DICKINSON, John Mclennan→
Resigneddirector · ~89y · resigned 2000-06-07
FLANAGAN, Timothy, Dr→
Resigneddirector · ~61y · appointed 2020-01-13 · resigned 2024-09-23
GREGSON, David→
Resigneddirector · ~71y · appointed 1996-07-08 · resigned 2025-05-27
HARTMANIS, Maris, Professor→
Resigneddirector · ~73y · appointed 2015-12-11 · resigned 2018-10-22
JONES, Bernard Joseph→
Resigneddirector · ~90y · resigned 1996-08-31
KING, Peter John, Dr→
Resigneddirector · ~67y · appointed 2000-02-01 · resigned 2007-03-22
LEVER, Simon Edgar→
Resigneddirector · ~69y · resigned 1996-01-05
Click a director name to see their full track record across all companies.
Mortgages & charges
16
Total charges
7
Outstanding
4
Active lenders
Status:Lender:16 of 16 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Canadian Imperial Bank of Commerce | A registered charge | 1 property | 14/11/2025 | — | |
| outstanding | Swk Funding Swk Funding Llc | A registered charge | — | 14/11/2025 | — | |
| outstanding | Swk Funding Swk Funding Llc | A registered charge | 1 property | 14/11/2025 | — | |
| outstanding | Swk Funding Swk Funding Llc | A registered charge | 1 property | 14/11/2025 | — | |
| outstanding | Innovate UK Loans Innovate UK Loans Limited | A registered charge | — | 05/01/2021 | — | |
| outstanding | Innovate UK Loans Innovate UK Loans Limited | A registered charge | — | 09/05/2019 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 31/05/2018 | 17/01/2021 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 25/05/2017 | 29/12/2025 | |
| satisfied | Lloyds Banking Group Lloyds Bank Commercial Finance Limited | A registered charge | — | 11/04/2017 | 12/05/2021 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | — | 04/04/2017 | 11/12/2017 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | — | 04/04/2017 | 11/12/2017 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Mortgage debenture | 1 property | 01/10/2010 | 19/04/2017 | |
| satisfied | Barclays Barclays Bank PLC | Letter of charge | 1 property | 20/08/1986 | 27/11/2010 | |
| satisfied | Ffi (UK Finance) Public Company Ffi (UK Finance) Public Limited Company | Debenture | 1 property | 06/06/1983 | 15/05/2003 | |
| outstanding | Technical Development Capital Technical Development Capital LTD | Debenture | 1 property | 30/01/1981 | — | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 07/01/1981 | 12/11/2010 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (227 total)
appoint-person-director-company-with-name-date
officers · AP01
2026-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-05
termination-director-company-with-name-termination-date
officers · TM01
2026-02-04
termination-director-company-with-name-termination-date
officers · TM01
2026-02-04
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-29
resolution
resolution · RESOLUTIONS
2025-11-27
memorandum-articles
incorporation · MA
2025-11-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-25
appoint-person-director-company-with-name-date
officers · AP01
2025-06-04
appoint-person-director-company-with-name-date
officers · AP01
2025-06-04
appoint-person-director-company-with-name-date
officers · AP01
2025-06-04
appoint-person-director-company-with-name-date
officers · AP01
2025-06-04