AJM PET PRODUCTS LIMITED
💤Zombieactive
01437023 · ltd · incorporated 1979-07-13
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 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 46210
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 47910Retail sale via mail order houses or via Internet
Investor take
PursueActive trading company with a 67-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (93/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 40.3y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 40.3 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · 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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 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
112 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 6 | 600 |
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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 miscellaneous
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2026-03-05📄legacymiscellaneous · ANNOTATION
- 2025-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-16🔓Charge satisfied #5
- 2025-09-16🔓Charge satisfied #4
- 2025-09-16🔓Charge satisfied #3
- 2024-09-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-01-15🔒Charge registered #5Lender: Hsbc UK Bank PLC
- 2023-09-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-28📄change-person-secretary-company-with-change-dateofficers · CH03
- 2022-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-28📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2018-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-07-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2013-06-07🔒Charge registered #4Lender: Hsbc Bank PLC
- 2013-05-21🔒Charge registered #3Lender: Hsbc Invoice Finance (UK) LTD
- 2003-07-30🔓Charge satisfied #1
- 2000-11-09➕JAMES, Susan Lorraine appointedsecretary
- 2000-11-09➖TREASURE, Jane resignedsecretary
- 2000-03-07➖PIERCE, Mervyn William resignedsecretary
- 2000-03-07➕TREASURE, Jane appointedsecretary
- 2000-03-07➖PIERCE, Mervyn William resigneddirector
- 2000-03-07➖PIERCE, Valerie Joy resigneddirector
- 1994-10-11➕PIERCE, Andrew Mervyn appointeddirector
- 1993-01-20🔒Charge registered #2Lender: Midland Bank PLC
- 1986-03-14🔒Charge registered #1Lender: Midland Bank PLC
- 1979-07-13🏢Company incorporatedAs AJM PET PRODUCTS LIMITED
Owner dependency
100/100
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.
- +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
Succession & seller-readiness
95/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 47 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 ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew Mervyn Pierce Individual · British · DOB 03/1959 · age 67 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 →Similar companies
Active · Wholesale & distribution · BS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AFRICAN MASTERS OF STONE LIMITED→ 08843409 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| AGAINST THE GRAIN KITCHEN WHOLESALE LTD→ 16997959 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AGENDA SALON CONCEPTS LIMITED→ 05133615 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| AGM EUROPE LIMITED→ 11008630 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AGRIA LTD→ 14026033 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AHMAD FAROOQ LTD→ 16817060 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AID BOX TRADING LTD→ 12319337 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AINSLEE LTD→ 12982884 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AK SUPPLIERS LTD→ 15304203 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AKNDOVER LTD→ 17073398 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALBIAS LTD→ 13934943 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ALBION ECO PRO LTD→ 14124269 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated1979-07-13
Jurisdictionengland-wales
Primary SIC46210 — SIC 46210
Registered office
Unit 49 Waverley Road
Yate
Bristol
Avon
BS37 5QR
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-14
Last: 2025-11-30
Officers (2 active · 4 resigned)
JAMES, Susan Lorraine→
Activesecretary · appointed 2000-11-09
View their other companies + combined net worth →
PIERCE, Andrew Mervyn→
Activedirector · ~67y · appointed 1994-10-11
View their other companies + combined net worth →
PIERCE, Mervyn William→
Resignedsecretary · resigned 2000-03-07
TREASURE, Jane→
Resignedsecretary · appointed 2000-03-07 · resigned 2000-11-09
PIERCE, Mervyn William→
Resigneddirector · ~95y · resigned 2000-03-07
PIERCE, Valerie Joy→
Resigneddirector · ~92y · resigned 2000-03-07
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 15/01/2024 | 16/09/2025 | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 07/06/2013 | 16/09/2025 | |
| satisfied | HSBC Hsbc Invoice Finance (UK) LTD | A registered charge | 1 property | 21/05/2013 | 16/09/2025 | |
| outstanding | Midland Bank Midland Bank PLC | Fixed and floating charge | 1 property | 20/01/1993 | — | |
| satisfied | Midland Bank Midland Bank PLC | Legal charge | 1 property | 14/03/1986 | 30/07/2003 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (112 total)
legacy
miscellaneous · ANNOTATION
2026-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-22
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-16
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-16
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-18
change-person-secretary-company-with-change-date
officers · CH03
2023-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-06