A.P.M. MANAGEMENT LIMITED
💤Zombieactive
01320698 · ltd · incorporated 1977-07-08
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 Jul 2025
Net worth
£-143
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 78/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. 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
1 live charge · oldest 16.7y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 16.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
119 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £143
Net assets shrinking
Down £21,435 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£143
↓ 101% YoY
Current Assets
£166k
↓ 11% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £-143 | £21.3k |
| Current assets | £166.3k | £187.3k |
| Net assets | £-143 | £21.3k |
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
0
filings
Last 180 days
5
filings
- • 2 officers
- • 1 confirmation-statement
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-04-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-09🔓Charge satisfied #1
- 2026-04-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-04-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-04-07📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-24➖MCMILLAN, Keith Paul resigneddirector
- 2025-11-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-11-10📄resolutionresolution · RESOLUTIONS
- 2025-11-10📄memorandum-articlesincorporation · MA
- 2025-11-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-10-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-04-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-04-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-02-16📄change-person-director-company-with-change-dateofficers · CH01
- 2023-02-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-03-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-02-17➖MCMILLAN, Jennifer Ann resigneddirector
- 2014-08-01➕MCMILLAN, Rohan Paul appointeddirector
- 2009-10-14🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 1977-07-08🏢Company incorporatedAs A.P.M. MANAGEMENT LIMITED
Owner dependency
83/100
Critical — business is the founderThe 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.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 49 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 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Rohan Paul Mcmillan Individual · British · DOB 09/1966 · age 60 | 50–75% | — | 50-75% shares | 06/04/2016 |
2 historic (ceased) PSCs
- Mr Keith Paul Mcmillanceased 30/10/2025· 25-50% shares
- Mrs Jennifer Ann Mcmillanceased 09/08/2017· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| A P OSMOND THATCHING LIMITED→ 04545584 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| A P STEPHENS & SONS LIMITED→ 04866004 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| A1 WINDOWS LIMITED→ 06676904 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ACH ELECTRICAL & PLUMBING LIMITED→ 10635553 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ACORN CONSERVATORIES LIMITED→ 03544053 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| ACTIONLINE DECORATING LTD→ 07581877 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| AD PHILLIPS LIMITED→ 04556811 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ADAM BILLINGS BUILDING SERVICES LTD→ 13392350 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADWARNER & CO LTD→ 15477853 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AGVANCED INSTALLATIONS LIMITED→ 04003084 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ALB PLUMBING AND HEATING SERVICES LIMITED→ 10443636 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ALBION BUILDING CONTRACTORS LTD→ 15776035 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated1977-07-08
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
Flat 10 4 Corscombe Close
Weymouth
DT4 0UB
England
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-04-08
Last: 2026-03-25
Officers (2 active · 2 resigned)
Active
MCMILLAN, Rohan Paul→
Activedirector · ~60y · appointed 2014-08-01
View their other companies + combined net worth →
MCMILLAN, Jennifer Ann→
Resigneddirector · ~81y · resigned 2017-02-17
MCMILLAN, Keith Paul→
Resigneddirector · ~83y · resigned 2026-03-24
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 14/10/2009 | 09/04/2026 |
Recent filings (119 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-09
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-09
termination-director-company-with-name-termination-date
officers · TM01
2026-04-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-07
change-person-director-company-with-change-date
officers · CH01
2026-04-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-12
resolution
resolution · RESOLUTIONS
2025-11-10
memorandum-articles
incorporation · MA
2025-11-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-28