APASEAL LIMITED
🌳Matureactive
01601877 · ltd · incorporated 1981-12-03
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
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 67-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (78/100, 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 (65/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 37.0y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 37.0 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 38/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (60/100)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
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
23 officers (3 active, 23 linked, 17 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
153 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
75
Strong succession / seller-readiness signals.
Risk profile
77
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 (68 events)Click to expand
- 2025-09-16📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-09-16📄legacyaccounts · PARENT_ACC
- 2025-09-16📄legacyother · GUARANTEE2
- 2025-09-16📄legacyother · AGREEMENT2
- 2025-03-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-03-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-03-11🔓Charge satisfied #5
- 2025-03-11🔓Charge satisfied #4
- 2025-01-06📄accounts-with-accounts-type-smallaccounts · AA
- 2024-12-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-12-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-12-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-12-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-09-28📄memorandum-articlesincorporation · MA
- 2024-09-28📄resolutionresolution · RESOLUTIONS
- 2024-02-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-02-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-02📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-02-02📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-02-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-01➕RAYMENT, Victoria appointedsecretary
- 2024-02-01➕INSLEY, Mark Brian appointeddirector
- 2024-02-01➖PARKINSON, Martin Paul resignedsecretary
- 2024-02-01➖PARKINSON, Martin Paul resigneddirector
- 2024-02-01➖QUINCEY, Adam resigneddirector
- 2024-02-01➖STEWARD, Regina Christine resigneddirector
- 2023-07-19📄accounts-with-accounts-type-smallaccounts · AA
- 2022-10-11➖MCGUIRK, Julian Edward resigneddirector
- 2015-12-02➕FORMON, Jonathan Alan appointeddirector
- 2015-12-02➖CHEEK, Trevor Raymond resigneddirector
- 2015-12-02➖MCGUIRK, Helen resigneddirector
- 2015-12-02➕QUINCEY, Adam appointeddirector
- 2015-12-02➕STEWARD, Regina Christine appointeddirector
- 2013-06-20➖MCGUIRK, Barry James resigneddirector
- 2013-06-20➕MCGUIRK, Helen appointeddirector
- 2012-09-10➖SAINT, Martin resigneddirector
- 2011-08-15➖MCPEAKE, Adele resignedsecretary
- 2011-08-15➕PARKINSON, Martin Paul appointedsecretary
- 2011-08-15➖MCPEAKE, Adele resigneddirector
- 2011-06-23🔓Charge satisfied #3
- 2011-06-17🔒Charge registered #5Lender: National Westminster Bank PLC
- 2011-04-28➕CHEEK, Trevor Raymond appointeddirector
- 2011-04-28➖KEITH, Alistair Graham resigneddirector
- 2011-04-28➕MCGUIRK, Barry James appointeddirector
- 2011-04-28➕MCGUIRK, Julian Edward appointeddirector
- 2011-04-28➕PARKINSON, Martin Paul appointeddirector
- 2011-04-28➖SCOTT, Peter resigneddirector
- 2011-04-28🔒Charge registered #4Lender: Rbs Invoice Finance Limited
Showing most recent 50 of 68 events
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 67 — succession pressure is live.
Succession & seller-readiness
61/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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.
Group structure
Rema Tip Top Holdings Uk Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Rema Tip Top Holdings Uk Limited
Corporate parent · holds 75-100% shares · board control
⬇
APASEAL LIMITED
This company · 01601877
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 |
|---|---|---|---|---|
Rema Tip Top Holdings Uk Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 18/12/2024 |
2 historic (ceased) PSCs
- Tyre Valve Specialists Holdings Limitedceased 18/12/2024· 75-100% shares · 75-100% voting · board control
- Pang (2005) Limitedceased 18/12/2024· 75-100% shares
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 · LS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A.M.LAVERTY & CO.,LIMITED→ 00616827 · est 1958 · no financials extracted | — | — | — | — | 67y | — | — |
| AKW TRADING LTD→ 16750337 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALAYANCE LTD→ 16115798 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALGOUNICO LTD→ 15117027 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALISONS GROUP LIMITED→ 16858979 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALLERTONS STORES LIMITED→ 11266948 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ALSA GROUP LIMITED→ 10640866 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| AMBIENCE AIR LIMITED→ 16986590 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ANSAR AHMED LIMITED→ 15996469 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| APT OPTION LIMITED→ 16757255 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARANCIA JUICING LIMITED→ 06875557 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| ARAPIUNS LTD→ 14813721 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated1981-12-03
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade
Registered office
Rema Tip Top Holdings Uk Limited
Westland Square
Leeds
West Yorkshire
LS11 5XS
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-28
Last: 2025-11-14
Officers (3 active · 20 resigned)
Active
FORMON, Jonathan Alan→
Activedirector · ~57y · appointed 2015-12-02
View their other companies + combined net worth →
INSLEY, Mark Brian→
Activedirector · ~67y · appointed 2024-02-01
View their other companies + combined net worth →
LIDDICOAT, Michael John→
Resignedsecretary · resigned 1995-11-10
MCPEAKE, Adele→
Resignedsecretary · appointed 2005-01-17 · resigned 2011-08-15
PARKINSON, Martin Paul→
Resignedsecretary · appointed 2011-08-15 · resigned 2024-02-01
RYAN, Anthony Laurence→
Resignedsecretary · appointed 1995-11-10 · resigned 2003-12-04
TURTON, Brian John→
Resignedsecretary · appointed 2003-12-04 · resigned 2005-01-14
CHEEK, Trevor Raymond→
Resigneddirector · ~79y · appointed 2011-04-28 · resigned 2015-12-02
CLARK, Craig Malcolm→
Resigneddirector · ~77y · resigned 2005-08-04
CLARK, David Martin→
Resigneddirector · ~108y · resigned 2005-08-02
KEITH, Alistair Graham→
Resigneddirector · ~79y · resigned 2011-04-28
LIDDICOAT, Michael John→
Resigneddirector · ~71y · resigned 1995-11-10
MCGUIRK, Barry James→
Resigneddirector · ~82y · appointed 2011-04-28 · resigned 2013-06-20
MCGUIRK, Helen→
Resigneddirector · ~82y · appointed 2013-06-20 · resigned 2015-12-02
MCGUIRK, Julian Edward→
Resigneddirector · ~44y · appointed 2011-04-28 · resigned 2022-10-11
MCPEAKE, Adele→
Resigneddirector · ~57y · appointed 2007-05-01 · resigned 2011-08-15
PARKINSON, Martin Paul→
Resigneddirector · ~48y · appointed 2011-04-28 · resigned 2024-02-01
QUINCEY, Adam→
Resigneddirector · ~57y · appointed 2015-12-02 · resigned 2024-02-01
RYAN, Anthony Laurence→
Resigneddirector · ~81y · resigned 2008-07-27
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 17/06/2011 | 11/03/2025 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | All assets debenture | 1 property | 28/04/2011 | 11/03/2025 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 17/06/1998 | 23/06/2011 | |
| satisfied | Lloyds Banking Group Lloyds Bowmaker Limited | Fixed charge | 3 properties | 25/05/1995 | 15/07/1998 | |
| satisfied | Motorway Tyres and Accessories . Motorway Tyres and Accessories Limited. | Standard security reg in scotland 13.6.89. | 1 property | 13/06/1989 | 15/02/2003 |
Recent filings (153 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-02
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-09-16
legacy
accounts · PARENT_ACC
2025-09-16
legacy
other · GUARANTEE2
2025-09-16
legacy
other · AGREEMENT2
2025-09-16
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-11
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-11
accounts-with-accounts-type-small
accounts · AA
2025-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-12-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-12-18
memorandum-articles
incorporation · MA
2024-09-28
resolution
resolution · RESOLUTIONS
2024-09-28