APC DISTRIBUTOR LIMITED
💤Zombieactive
01446429 · ltd · incorporated 1979-08-31
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
—
not disclosed
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 46740
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 77/100 (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 (58/100).
🏦
Refinance opportunity
1 live charge · oldest 40.3y
45/100
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.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: low (54/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
107 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-05-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-03-01📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-03-01🔓Charge satisfied #1
- 2023-02-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-21📄change-person-director-company-with-change-dateofficers · CH01
- 2020-08-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-06-16📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-10-12➕CHIORANDO, Teresa Mary appointedsecretary
- 2011-12-20➖CHIORANDO, Enrico Zino Benito resignedsecretary
- 2003-11-25➕CHIORANDO, Enrico Zino Benito appointedsecretary
- 2003-11-25➖CHIORANDO, Teresa Mary resignedsecretary
- 2002-12-01➕CHIORANDO, Fabrizio Roberto Otto appointeddirector
- 2002-11-11➖CHIORANDO, Achille Paul resigneddirector
- 1986-01-16🔒Charge registered #1Lender: Midland Bank PLC
- 1979-08-31🏢Company incorporatedAs APC DISTRIBUTOR LIMITED
Owner dependency
85/100
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 23 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 23 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Teresa Mary Chiorando Individual · British · DOB 08/1947 · age 79 | — | — | sig. influencesignificant influence | 14/12/2017 |
Mr Fabrizio Roberto Otto Chiorando Individual · British · DOB 01/1977 · age 49 | — | — | sig. influencesignificant influence | 10/12/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · WA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 82 GLOBAL FASHION LTD→ 16703761 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A&S RAGS ENTERPRISE LTD→ 13334588 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ABBEY ENGLAND LIMITED→ 01638775 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| ADAM OF LONDON LTD→ 13043529 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ALBERTOLTD LIMITED→ 16786007 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALL OFFICE SUPPLIES LTD→ 13203373 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AMARELO HOLDINGS LTD→ 15342578 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AMBROS NW LIMITED→ 16441236 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMEIRRO LTD→ 15700832 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ANIVOL LTD→ 16651358 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANSELL (SALES & DISTRIBUTION) LIMITED→ 01638648 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| APERTA DESIGN LTD→ 12707650 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated1979-08-31
Jurisdictionengland-wales
Primary SIC46740 — SIC 46740
Registered office
Italia Park Estate
Atlantic Street
Broadheath
Cheshire
WA14 5EJ
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-01-05
Last: 2025-12-22
Officers (2 active · 3 resigned)
CHIORANDO, Teresa Mary→
Activesecretary · appointed 2012-10-12
View their other companies + combined net worth →
CHIORANDO, Fabrizio Roberto Otto→
Activedirector · ~49y · appointed 2002-12-01
View their other companies + combined net worth →
CHIORANDO, Enrico Zino Benito→
Resignedsecretary · appointed 2003-11-25 · resigned 2011-12-20
CHIORANDO, Teresa Mary→
Resignedsecretary · resigned 2003-11-25
CHIORANDO, Achille Paul→
Resigneddirector · ~83y · resigned 2002-11-11
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 | Midland Bank Midland Bank PLC | Charge | 1 property | 16/01/1986 | 01/03/2023 |
Recent filings (107 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-11-13
mortgage-satisfy-charge-full
mortgage · MR04
2023-03-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-02
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-17
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-17
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-21