ARMOUR PLASTICS LIMITED
- 28290SIC 28290
- 28490SIC 28490
Opportunity 78/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 90). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (78/100).
Refinance opportunity
9 live charges · 3 lenders · oldest 49.5y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 49.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: medium (73/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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 →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-30 |
|---|---|
| Profit before tax | £844.5k |
| Average employees | 69 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
4 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 confirmation-statement
- • 1 accounts
Corporate timeline (37 events)Click to expand
- 2025-12-16📄accounts-with-accounts-type-fullaccounts · AA
- 2024-12-17📄accounts-with-accounts-type-fullaccounts · AA
- 2024-12-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-26➖LINDLEY, Paul resigneddirector
- 2023-12-30📄accounts-with-accounts-type-fullaccounts · AA
- 2022-12-29📄accounts-with-accounts-type-fullaccounts · AA
- 2021-11-22📄accounts-with-accounts-type-smallaccounts · AA
- 2021-03-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-11-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2019-11-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-08-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-08-30🔒Charge registered #9Lender: Lloyds Bank PLC
- 2018-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-12📄capital-allotment-sharescapital · SH01
- 2018-03-06📄capital-allotment-sharescapital · SH01
- 2017-10-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2015-12-11➕CLAMP, Nigel Patrick appointeddirector
- 2015-12-11➕SAMUEL, Paul Kenneth appointeddirector
- 2002-10-29➖MULLOY, Anthony resigneddirector
- 2002-05-01➕LINDLEY, Paul appointeddirector
- 1999-06-17🔓Charge satisfied #8
- 1998-05-30🔓Charge satisfied #1
- 1993-04-05➖FINCH, Kenneth resigneddirector
- 1992-06-05🔒Charge registered #8Lender: Close Brothers Limited
- 1990-07-26🔒Charge registered #7Lender: Lloyds Bank PLC
- 1990-07-26🔒Charge registered #6Lender: Lloyds Bank PLC
- 1990-07-26🔒Charge registered #5Lender: Lloyds Bank PLC
- 1990-03-30🔓Charge satisfied #4
- 1990-03-30🔓Charge satisfied #3
- 1990-03-30🔓Charge satisfied #2
- 1988-08-01🔒Charge registered #4Lender: Barclays Bank PLC
- 1988-08-01🔒Charge registered #3Lender: Barclays Bank PLC
- 1987-07-30🔒Charge registered #2Lender: Barclays Bank PLC
- 1976-11-26🔒Charge registered #1Lender: Barclays Bank PLC
- 1971-06-08🏢Company incorporatedAs ARMOUR PLASTICS LIMITED
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 90 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 90 years old. Natural succession window is now.
- secondaryStable-but-static management: Company is 55 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Armour Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Armour Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 29/10/2019 |
2 historic (ceased) PSCs
- Mr Sean Michael Mulloyceased 29/10/2019· 25-50% shares
- Mr John Mulloyceased 29/10/2019· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · SR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A.G.E GROUP LTD→ 15294451 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AAX LIMITED→ 04371070 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| ALEXANDER TECHNOLOGIES EUROPE LIMITED→ 01816700 · est 1984 · no financials extracted | — | — | — | — | 41y | — | — |
| AW MECHANICAL AND TRAINING LIMITED→ 15208474 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| B DODD LTD→ 17013670 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BEECHWOOD SOFAS LIMITED→ 05248879 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| BELGRAVIA DECOR LIMITED→ 01391867 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
| BIG BEAN CATERING EQUIPMENT LTD→ 17091067 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BISHOP'S BEDS LTD→ 05553386 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| BLADE ACCESS SERVICES LTD→ 11549413 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BOWE TURNER LTD→ 16152808 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BREWLAB TECHNICAL SERVICES LIMITED→ 10400517 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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 →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 (5 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 30/08/2019 | — | |
| satisfied | Close Brothers Close Brothers Limited | Credit agreement | 1 property | 05/06/1992 | 17/06/1999 | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | Single debenture | 1 property | 26/07/1990 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | Mortgage of life policy | 1 property | 26/07/1990 | — | |
| outstanding | Lloyds Banking Group Lloyds Bank PLC | Mortgage of life policy | 1 property | 26/07/1990 | — | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 01/08/1988 | 30/03/1990 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 01/08/1988 | 30/03/1990 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 2 properties | 30/07/1987 | 30/03/1990 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 26/11/1976 | 30/05/1998 |