ABPAC LIMITED

🌳Matureactive
01651229 · ltd · incorporated 1982-07-14
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
£12.63M
year to Feb 2025
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: SIC 46760
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 46900Non-specialised wholesale trade
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 69/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: refinance and hold (60/100).

🏦

Refinance opportunity

10 live charges · 5 lenders · oldest 43.8y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 43.8 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 48/100 (high).

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
13 officers (4 active, 13 linked, 8 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
154 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

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 →
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £1,534,648
Turnover YoY
-4%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Turnover£12.63M£13.10M
Gross profit£4.17M£4.16M
Operating profit£1.50M£1.62M
Profit before tax£1.53M£1.65M
Average employees46004400

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
2
filings
  • 2 officers
Last 180 days
2
filings
  • 2 officers
Counts from Companies House filing history.
Corporate timeline (58 events)Click to expand
  1. 2026-05-01
    PELLINGTON-PIKE, Joel appointed
    secretary
  2. 2026-05-01
    BROWNHILL, Keith resigned
    secretary
  3. 2026-05-01
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  4. 2026-05-01
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2025-11-10
    BROWNHILL, Keith appointed
    secretary
  6. 2025-11-10
    WHALLEY, Gerald resigned
    secretary
  7. 2025-11-10
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  8. 2025-11-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2025-09-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2025-07-28
    BROWNHILL, Keith resigned
    secretary
  11. 2025-07-28
    WHALLEY, Gerald appointed
    secretary
  12. 2025-07-28
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  13. 2025-07-28
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2025-07-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2025-07-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2025-04-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2025-04-09
    🔒
    Charge registered #10
    Lender: Shawbrook Bank Limited
  18. 2024-09-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2024-05-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2024-05-22
    🔓
    Charge satisfied #9
  21. 2023-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2023-08-15
    📄
    memorandum-articles
    incorporation · MA
  23. 2023-08-09
    📄
    resolution
    resolution · RESOLUTIONS
  24. 2023-06-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  25. 2022-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2021-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  27. 2021-10-07
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  28. 2021-10-06
    BROWNHILL, Keith appointed
    secretary
  29. 2021-09-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  30. 2021-09-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  31. 2021-09-03
    THEOBALD, Lisa Helen resigned
    secretary
  32. 2021-04-21
    HILL, Giles Allen appointed
    director
  33. 2021-04-21
    MARX, Francis Angus Locke appointed
    director
  34. 2021-04-21
    WINGFIELD-DIGBY, Frederick John appointed
    director
  35. 2021-04-21
    BARKER, Lee Anderson resigned
    director
  36. 2021-04-21
    BARKER, Melanie resigned
    director
  37. 2021-04-21
    🔒
    Charge registered #9
    Lender: Lee Anderson Barker
  38. 2021-04-21
    🔒
    Charge registered #8
    Lender: Shawbrook Bank Limited
  39. 2009-01-27
    🔓
    Charge satisfied #7
  40. 2004-10-04
    🔓
    Charge satisfied #6
  41. 2004-10-04
    🔓
    Charge satisfied #5
  42. 2004-10-04
    🔓
    Charge satisfied #4
  43. 2004-10-04
    🔓
    Charge satisfied #3
  44. 2004-10-04
    🔓
    Charge satisfied #2
  45. 2004-10-04
    🔓
    Charge satisfied #1
  46. 2004-07-20
    🔒
    Charge registered #7
    Lender: National Westminster Bank PLC
  47. 2002-08-05
    BARKER, Anthony resigned
    director
  48. 2002-08-05
    BARKER, Melanie appointed
    director
  49. 1999-09-30
    BARKER, Eileen Dorothy resigned
    director
  50. 1999-09-30
    RENDELL, Lisa Helen resigned
    director
Showing most recent 50 of 58 events

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

2 med ·
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BROWNHILL, Keith resigned 2026-05-01; BROWNHILL, Keith resigned 2025-07-28; WHALLEY, Gerald resigned 2025-11-10

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Kentra Bay Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Kentra Bay Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
ABPAC LIMITED
This company · 01651229

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%
NameSharesVoting rightsNature of controlNotified
Kentra Bay Holdings Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting21/04/2021
2 historic (ceased) PSCs
  • Mr Lee Anderson Barkerceased 21/04/2021· 25-50% shares
  • Melanie Barkerceased 21/04/2021· 25-50% 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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated1982-07-14
Jurisdictionengland-wales
Primary SIC46760 — SIC 46760

Registered office

Abpac House
Wessex Way,
Wincanton Business Park
Wincanton Somerset,
BA9 9RR

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-08-05
Last: 2025-07-22

Officers (4 active · 9 resigned)

PELLINGTON-PIKE, Joel
secretary · appointed 2026-05-01
View their other companies + combined net worth →
Active
HILL, Giles Allen
director · ~45y · appointed 2021-04-21
View their other companies + combined net worth →
Active
MARX, Francis Angus Locke
director · ~45y · appointed 2021-04-21
View their other companies + combined net worth →
Active
WINGFIELD-DIGBY, Frederick John
director · ~44y · appointed 2021-04-21
View their other companies + combined net worth →
Active
BROWNHILL, Keith
secretary · appointed 2025-11-10 · resigned 2026-05-01
Resigned
BROWNHILL, Keith
secretary · appointed 2021-10-06 · resigned 2025-07-28
Resigned
THEOBALD, Lisa Helen
secretary · resigned 2021-09-03
Resigned
WHALLEY, Gerald
secretary · appointed 2025-07-28 · resigned 2025-11-10
Resigned
BARKER, Anthony
director · ~81y · resigned 2002-08-05
Resigned
BARKER, Eileen Dorothy
director · ~94y · resigned 1999-09-30
Resigned
BARKER, Lee Anderson
director · ~59y · resigned 2021-04-21
Resigned
BARKER, Melanie
director · ~52y · appointed 2002-08-05 · resigned 2021-04-21
Resigned
RENDELL, Lisa Helen
director · ~57y · appointed 1991-09-01 · resigned 1999-09-30
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

10
Total charges
2
Outstanding
1
Active lenders
Status:Lender:10 of 10 shown
TypeProperties
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge09/04/2025
satisfied
Lee Anderson Barker / Melanie Clare Barker
A registered charge1 property21/04/202122/05/2024
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge21/04/2021
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property20/07/200427/01/2009
satisfied
Midland Bank
Midland Bank PLC
Legal mortgage1 property04/07/199604/10/2004
satisfied
Griffin Factors
Griffin Factors Limited
Fixed equitable charge1 property05/12/199404/10/2004
satisfied
Midland Bank
Midland Bank PLC
Charge2 properties16/12/199304/10/2004
satisfied
Midland Bank
Midland Bank PLC
Legal charge1 property27/04/199004/10/2004
satisfied
Midland Bank
Midland Bank PLC
Charge1 property03/09/198204/10/2004
satisfied
Midland Bank
Midland Bank PLC
Legal charge1 property03/09/198204/10/2004
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (154 total)

appoint-person-secretary-company-with-name-date
officers · AP03
2026-05-01
termination-secretary-company-with-name-termination-date
officers · TM02
2026-05-01
appoint-person-secretary-company-with-name-date
officers · AP03
2025-11-10
termination-secretary-company-with-name-termination-date
officers · TM02
2025-11-10
accounts-with-accounts-type-full
accounts · AA
2025-09-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-04
appoint-person-secretary-company-with-name-date
officers · AP03
2025-07-28
termination-secretary-company-with-name-termination-date
officers · TM02
2025-07-28
change-person-director-company-with-change-date
officers · CH01
2025-07-23
change-person-director-company-with-change-date
officers · CH01
2025-07-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-11
accounts-with-accounts-type-full
accounts · AA
2024-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-03
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-28