ADTECH POLYMER ENGINEERING LIMITED

🌳Matureactive
01664951 · ltd · incorporated 1982-09-17
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 33.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2025
Net worth
£2.03M
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 22210
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 74-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 85/100. Strong seller-intent signal (73/100, director aged 74). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 33.8y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 33.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (83/100)

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

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
118 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2,025,758
Net assets shrinking
Down £626,950 YoY
Cash YoY
+2%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.0m
↑ 2.2% YoY
Net Worth
£2.0m
↓ 24% YoY
Current Assets
£2.2m
↓ 25% YoY
Current Liabilities
—
£0£599k£1.2m£1.8m£2.4m£3.0mOct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-10-312024-10-31
Total assets£2.06M£2.69M
Current assets£2.24M£3.00M
Cash£1.01M£984.2k
Debtors£572.7k£1.26M
Net assets£2.03M£2.65M

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
1
filing
  • • 1 accounts
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-03-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-06-04
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2024-05-08
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-02-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2022-03-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2021-04-06
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2021-01-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2020-02-05
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2020-01-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2019-02-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2018-10-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2018-07-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2018-05-29
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  14. 2018-01-01
    ➕
    CONWAY, Victoria June appointed
    secretary
  15. 2017-06-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  16. 2017-04-07
    📄
    statement-of-companys-objects
    change-of-constitution · CC04
  17. 2017-04-07
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2017-03-09
    ➕
    HART, David Mcknight appointed
    director
  19. 2017-03-09
    ➕
    SCOTT, Arthur Jervoise Trafford appointed
    director
  20. 2017-03-09
    ➖
    THODY, Patrick Richard resigned
    director
  21. 2017-02-09
    ➖
    THODY, Susan resigned
    secretary
  22. 2017-02-09
    ➖
    THODY, Susan resigned
    director
  23. 2016-08-09
    🔓
    Charge satisfied #4
  24. 2016-08-09
    🔓
    Charge satisfied #2
  25. 2016-08-09
    🔓
    Charge satisfied #1
  26. 2015-04-01
    ➕
    DEVERELL, Samantha Emma appointed
    director
  27. 1997-09-08
    🔓
    Charge satisfied #3
  28. 1995-09-04
    🔒
    Charge registered #4
    Lender: Midland Bank PLC
  29. 1994-10-25
    🔒
    Charge registered #3
    Lender: Forward Trust Limited
  30. 1992-10-20
    🔒
    Charge registered #2
    Lender: Midland Bank PLC
  31. 1992-07-27
    🔒
    Charge registered #1
    Lender: Midland Bank PLC
  32. 1982-09-17
    🏢
    Company incorporated
    As ADTECH POLYMER ENGINEERING LIMITED

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • secondaryStable-but-static management: Company is 44 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
medium

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

Group structure

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

🏛️
Adtech Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
ADTECH POLYMER ENGINEERING LIMITED
This company · 01664951

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
Adtech Holdings Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control09/03/2017
1 historic (ceased) PSC
  • Mr Patrick Richard Thodyceased 09/03/2017· 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 →

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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
Incorporated1982-09-17
Jurisdictionengland-wales
Primary SIC22210 — SIC 22210

Registered office

Unit 40
Aston Down East
Frampton Mansell
Stroud Glos,
GL6 8HX

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (4 active · 3 resigned)

CONWAY, Victoria June→
secretary · appointed 2018-01-01
View their other companies + combined net worth →
Active
DEVERELL, Samantha Emma→
director · ~54y · appointed 2015-04-01
View their other companies + combined net worth →
Active
HART, David Mcknight→
director · ~74y · appointed 2017-03-09
View their other companies + combined net worth →
Active
SCOTT, Arthur Jervoise Trafford→
director · ~42y · appointed 2017-03-09
View their other companies + combined net worth →
Active
THODY, Susan→
secretary · resigned 2017-02-09
Resigned
THODY, Patrick Richard→
director · ~85y · resigned 2017-03-09
Resigned
THODY, Susan→
director · ~82y · resigned 2017-02-09
Resigned

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Midland Bank
Midland Bank PLC
Legal charge1 property04/09/199509/08/2016
satisfied
Forward Trust
Forward Trust Limited
Chattels mortgage1 property25/10/199408/09/1997
satisfied
Midland Bank
Midland Bank PLC
Legal charge1 property20/10/199209/08/2016
satisfied
Midland Bank
Midland Bank PLC
Fixed and floating charge1 property27/07/199209/08/2016

Recent filings (118 total)

accounts-with-accounts-type-small
accounts · AA
2026-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-16
accounts-with-accounts-type-small
accounts · AA
2025-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-05-08
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-04-06
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-07
change-person-director-company-with-change-date
officers · CH01
2021-01-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-02-05
confirmation-statement-with-updates
confirmation-statement · CS01
2020-01-14