PILKINGTON AG LIMITED

🌳Matureactive
02025098 · ltd · incorporated 1986-06-04
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: dormant / non-trading with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 77/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

6 live charges · 3 lenders · oldest 39.7y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 39.7 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (61/100)

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
25 officers (4 active, 25 linked, 20 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
27 connected companies via shared directors
90
Filing history
191 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
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
0
filings
Counts from Companies House filing history.
Corporate timeline (70 events)Click to expand
  1. 2025-07-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-11-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2024-11-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2024-11-11
    RAVENSCROFT, Paul Joseph appointed
    director
  5. 2024-11-11
    MASSA, Judy Anne resigned
    director
  6. 2024-07-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-07-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2022-06-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-05-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2022-05-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2022-05-18
    MCCORD, Laura Jane appointed
    director
  12. 2022-05-18
    BROWN, Julie Ann resigned
    director
  13. 2021-07-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2021-01-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2020-10-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2019-06-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2018-06-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2017-06-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2016-10-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2016-10-05
    MASSA, Judy Anne appointed
    director
  21. 2012-12-12
    SMITH, Iain Michael appointed
    director
  22. 2012-12-12
    BROWN, Julie Ann appointed
    director
  23. 2012-12-12
    BUCKLEY, Matthew Alexander resigned
    director
  24. 2012-12-12
    PILLING, Brian Joseph, Mr. resigned
    director
  25. 2012-12-12
    RHODES, Fiona Elizabeth, Mrs. resigned
    director
  26. 2012-05-01
    RHODES, Fiona Elizabeth, Mrs. appointed
    director
  27. 2012-04-30
    MCDONALD, Philip James, Mr. resigned
    director
  28. 2012-04-01
    BUCKLEY, Matthew Alexander appointed
    director
  29. 2012-04-01
    PILLING, Brian Joseph, Mr. appointed
    director
  30. 2012-03-31
    PINDER, David Stuart resigned
    director
  31. 2010-03-31
    MAIER, Mike, Mr. resigned
    director
  32. 2010-03-30
    MCDONALD, Philip James, Mr. appointed
    director
  33. 2008-07-01
    SMITH, Iain Michael, Mr. appointed
    secretary
  34. 2008-06-30
    LENNON, Sheila Elizabeth resigned
    secretary
  35. 2007-02-13
    🔓
    Charge satisfied #6
  36. 2007-02-13
    🔓
    Charge satisfied #5
  37. 2007-02-13
    🔓
    Charge satisfied #4
  38. 2007-02-13
    🔓
    Charge satisfied #3
  39. 2007-02-02
    LENNON, Sheila Elizabeth appointed
    secretary
  40. 2007-02-02
    SUTTON, Peter resigned
    secretary
  41. 2007-02-02
    DAY, Anita resigned
    director
  42. 2007-02-02
    DAY, Glenn Kenneth resigned
    director
  43. 2007-02-02
    SPIBY, John William resigned
    director
  44. 2007-02-02
    SUTTON, Peter resigned
    director
  45. 2007-01-01
    MAIER, Mike, Mr. appointed
    director
  46. 2007-01-01
    PINDER, David Stuart appointed
    director
  47. 2005-03-30
    ANDERSON, Jason Mark resigned
    director
  48. 2004-07-28
    ANDERSON, Jason Mark appointed
    director
  49. 2004-07-28
    WILD, Mark Steven resigned
    director
  50. 2004-07-02
    BARRON, Ian resigned
    secretary
Showing most recent 50 of 70 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

43/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondary12+ year tenure: Director in role 13 years.
  • 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

Pilkington United Kingdom Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Pilkington United Kingdom Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
PILKINGTON AG LIMITED
This company · 02025098

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
Pilkington United Kingdom Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

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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
Incorporated1986-06-04
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company

Registered office

European Technical Centre Hall Lane
Lathom
Nr. Ormskirk
Lancashire
L40 5UF

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-07
Last: 2025-11-23

Officers (4 active · 21 resigned)

SMITH, Iain Michael, Mr.
secretary · appointed 2008-07-01
View their other companies + combined net worth →
Active
MCCORD, Laura Jane
director · ~46y · appointed 2022-05-18
View their other companies + combined net worth →
Active
RAVENSCROFT, Paul Joseph
director · ~56y · appointed 2024-11-11
View their other companies + combined net worth →
Active
SMITH, Iain Michael
director · ~54y · appointed 2012-12-12
View their other companies + combined net worth →
Active
BARRON, Ian
secretary · appointed 1997-12-19 · resigned 2004-07-02
Resigned
LENNON, Sheila Elizabeth
secretary · appointed 2007-02-02 · resigned 2008-06-30
Resigned
SLATER, Margaret
secretary · resigned 1997-12-11
Resigned
SUTTON, Peter
secretary · appointed 2004-07-02 · resigned 2007-02-02
Resigned
ANDERSON, Jason Mark
director · ~55y · appointed 2004-07-28 · resigned 2005-03-30
Resigned
BROWN, Julie Ann
director · ~58y · appointed 2012-12-12 · resigned 2022-05-18
Resigned
BUCKLEY, Matthew Alexander
director · ~60y · appointed 2012-04-01 · resigned 2012-12-12
Resigned
DAY, Anita
director · ~70y · resigned 2007-02-02
Resigned
DAY, Glenn Kenneth
director · ~71y · resigned 2007-02-02
Resigned
JACOBS, Ivor Mark
director · ~66y · appointed 1997-12-19 · resigned 2000-07-14
Resigned
MAIER, Mike, Mr.
director · ~69y · appointed 2007-01-01 · resigned 2010-03-31
Resigned
MASSA, Judy Anne
director · ~59y · appointed 2016-10-05 · resigned 2024-11-11
Resigned
MCDONALD, Philip James, Mr.
director · ~54y · appointed 2010-03-30 · resigned 2012-04-30
Resigned
PILLING, Brian Joseph, Mr.
director · ~71y · appointed 2012-04-01 · resigned 2012-12-12
Resigned
PINDER, David Stuart
director · ~63y · appointed 2007-01-01 · resigned 2012-03-31
Resigned
RHODES, Fiona Elizabeth, Mrs.
director · ~49y · appointed 2012-05-01 · resigned 2012-12-12
Resigned

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

Mortgages & charges

6
Total charges
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
Chattel mortgage3 properties10/02/200313/02/2007
satisfied
National Westminster Bank
National Westminster Bank PLC
Chattel mortgage1 property20/01/200313/02/2007
satisfied
National Westminster Bank
National Westminster Bank PLC
Chattel mortgage supplemental to a mortgage debenture dated 6 may 19981 property30/06/200013/02/2007
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property06/05/199813/02/2007
satisfied
Close Brothers
Close Brothers Limited
Prompt credit application1 property10/02/199305/01/1999
satisfied
Barclays
Barclays Bank PLC
Debenture1 property25/09/198607/07/1998

Recent filings (191 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-24
accounts-with-accounts-type-dormant
accounts · AA
2025-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-25
appoint-person-director-company-with-name-date
officers · AP01
2024-11-12
termination-director-company-with-name-termination-date
officers · TM01
2024-11-12
accounts-with-accounts-type-dormant
accounts · AA
2024-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-23
accounts-with-accounts-type-dormant
accounts · AA
2023-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-24
accounts-with-accounts-type-dormant
accounts · AA
2022-06-21
appoint-person-director-company-with-name-date
officers · AP01
2022-05-19
termination-director-company-with-name-termination-date
officers · TM01
2022-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-24
accounts-with-accounts-type-dormant
accounts · AA
2021-07-04
change-person-director-company-with-change-date
officers · CH01
2021-01-18