A.P.B. TRADING LIMITED
💤Zombieactive
02081999 · ltd · incorporated 1986-12-09
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
—
year to Mar 2025
Net worth
£80.6k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 45320Retail trade of motor vehicle parts and accessories
Investor take
PursueActive trading company with a 74-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (83/100, director aged 74). 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: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 34.6y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 34.6 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
97 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £80,633
Net assets shrinking
Down £260,687 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
£106
Net Worth
£81k
↓ 76% YoY
Current Assets
£330k
↓ 40% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £110.5k | £394.7k |
| Current assets | £329.7k | £553.4k |
| Cash | £106 | — |
| Debtors | £20.7k | — |
| Net assets | £80.6k | £341.3k |
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 mortgage
Last 180 days
2
filings
- • 1 mortgage
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2026-04-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-14🔒Charge registered #3Lender: Revolve Trade Finance LTD
- 2025-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-01-06📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-01-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-11-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-07-29➖TWAITE, Heather Ruth resignedsecretary
- 2020-07-29➖TWAITE, Heather Ruth resigneddirector
- 2020-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-12-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2016-10-12📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-11-05📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-03-24🔓Charge satisfied #1
- 2011-09-30➖BOND, Christine Anne resigneddirector
- 2003-03-01🔒Charge registered #2Lender: Hsbc Bank PLC
- 1994-04-06➕BOND, Christine Anne appointeddirector
- 1991-10-24🔒Charge registered #1Lender: Lloyds Bank PLC
- 1987-02-24➕BOND, Andrew Phillip appointeddirector
- 1987-02-24➕TWAITE, Heather Ruth appointeddirector
- 1986-12-09🏢Company incorporatedAs A.P.B. TRADING LIMITED
Owner dependency
100/100
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 39 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 74 — succession pressure is live.
Succession & seller-readiness
100/100
Likely off-market candidateStrong 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.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 39 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 39 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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew Phillip Bond Individual · British · DOB 04/1952 · age 74 | 75–100% | — | 75-100% shares | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Heather Ruth Twaiteceased 29/07/2020· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Automotive · DY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 3A SMART LTD→ 16578546 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 7 STAR ENGINES LTD→ 17128013 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| A G F 4X4 LIMITED→ 03866099 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| A.A SLICK TYRES LTD→ 11408000 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A&D AUTOCARE LIMITED→ 16810811 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A&R BODY REPAIR AND RECOVERY LTD→ 15050580 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A1 MOTOR SPARES (MIDLANDS) LTD→ 15136785 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AA AUTOS MIDLANDS LTD→ 16154621 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACL AUTO REPAIRS LIMITED→ 11662207 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ACL MOT & REPAIRS LTD→ 14515048 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADR PERFORMANCE CENTRE LTD→ 13684937 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AGYENGO REPAIRS LIMITED→ 15770688 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1986-12-09
Jurisdictionengland-wales
Primary SIC45200 — SIC 45200
Registered office
Unit 38e Hartlebury Trading
Estate
Hartlebury Nr Kidderminster
Worcs
DY10 4JB
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-27
Last: 2025-05-13
Officers (1 active · 3 resigned)
BOND, Andrew Phillip→
Activedirector · ~74y · appointed 1987-02-24
View their other companies + combined net worth →
TWAITE, Heather Ruth→
Resignedsecretary · resigned 2020-07-29
BOND, Christine Anne→
Resigneddirector · ~71y · appointed 1994-04-06 · resigned 2011-09-30
TWAITE, Heather Ruth→
Resigneddirector · ~67y · appointed 1987-02-24 · resigned 2020-07-29
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Revolve Trade Finance Revolve Trade Finance LTD | A registered charge | 9 properties | 14/04/2026 | — | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 01/03/2003 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Debenture | 1 property | 24/10/1991 | 24/03/2012 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (97 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-13
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-13
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-13
termination-director-company-with-name-termination-date
officers · TM01
2021-01-06
termination-secretary-company-with-name-termination-date
officers · TM02
2021-01-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-13