ADVANCED PLASTICS (SOUTH) LIMITED

🌳Matureactive

02107371 · ltd · incorporated 1987-03-06

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

—

year to Dec 2024

Net worth

£2.23M

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: SIC 22290

Sector: Manufacturing

Investor take

Pursue

Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 77/100 (strong), bankability 67/100. 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 38.8y

35/100

too messy

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

· Oldest live charge is 38.8 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

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

Lenders & charges

5 charges (5/5 with lender, 5/5 with type)

Directors & officers

19 officers (8 active, 19 linked, 15 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

6 connected companies via shared directors

Filing history

159 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £2,225,857

Cash YoY

+14%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£412k

↑ 14% YoY

Net Worth

£2.2m

↑ 30% YoY

Current Assets

£2.7m

↑ 30% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Total assets	£2.28M	£1.79M
Current assets	£2.71M	£2.08M
Cash	£412.2k	£362.3k
Debtors	£2.15M	£1.55M
Net assets	£2.23M	£1.72M

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

🔒Filing-note intelligence

2 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

filing

• 1 officers

Last 90 days

filing

• 1 officers

Last 180 days

filing

• 1 officers

Counts from Companies House filing history.

Corporate timeline (56 events)Click to expand

2026-06-08
➕
TYLER, Peter Ian appointed
director
2026-06-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-11-17
📄
change-person-director-company-with-change-date
officers · CH01
2025-11-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-11-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-11-13
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2025-11-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-11-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-11-12
➕
HEASTY, Jonathan appointed
secretary
2025-11-12
➕
ARAND, Lindsey appointed
director
2025-11-12
➕
HADFIELD, Michael Andrew appointed
director
2025-11-12
➕
HEASTY, Jonathan William appointed
director
2025-11-12
➕
SPENCE, Mark appointed
director
2025-10-14
📄
memorandum-articles
incorporation · MA
2025-10-14
📄
resolution
resolution · RESOLUTIONS
2025-08-14
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-25
🔒
Charge registered #5
Lender: Hsbc Invoice Finance (UK) Limited
2025-07-23
📄
accounts-with-accounts-type-small
accounts · AA
2024-09-27
📄
accounts-with-accounts-type-small
accounts · AA
2024-07-01
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2023-10-18
📄
accounts-with-accounts-type-small
accounts · AA
2023-10-16
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-09-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-31
📄
change-account-reference-date-company-current-shortened
accounts · AA01
2022-07-13
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-07-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-07-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-07-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-06-30
➕
ANDERSON, Robert John appointed
director
2022-06-30
➕
PEARSON, Christopher James appointed
director
2022-06-30
➖
WOODCOCK, Sandra Muriel resigned
secretary
2022-06-30
➖
HADFIELD, Michael Andrew resigned
director
2022-06-30
➖
HALL, Stephen William resigned
director
2022-06-30
➖
HUNTER, Ian resigned
director
2022-06-30
➖
WILKINS, Graham Andrew resigned
director
2022-06-30
🔒
Charge registered #4
Lender: Hsbc UK Bank PLC
2022-06-30
🔒
Charge registered #3
Lender: Hsbc UK Bank PLC
2015-09-01
➕
HUNTER, Ian appointed
director
2014-10-31
➖
HUNTER, Ian resigned
director
2011-12-09
➕
HADFIELD, Michael Andrew appointed
director
2009-06-05
🔓
Charge satisfied #2
2009-06-02
➕
WOODCOCK, Sandra Muriel appointed
secretary
2009-05-29
➖
BALLARD, Trevor Roy resigned
secretary
2009-05-29
➖
BALLARD, Jacqueline Diane resigned
director
2009-05-29
➖
BALLARD, Trevor Roy resigned
director
2009-05-29
➕
HALL, Stephen William appointed
director
2009-05-29
➕
HUNTER, Ian appointed
director
2001-12-01
➕
WILKINS, Graham Andrew appointed
director
1997-10-31
➖
BALLARD, Jacqueline Diane resigned
secretary
1997-09-30
🔓
Charge satisfied #1

Showing most recent 50 of 56 events

Owner dependency

48/100

Moderate — manageable with handover

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

FACTORS

-7 active directors: Broader management team in place — suggests transferable governance.
+Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

50/100

Moderate signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.

Red flags

1 med ·

Name changed recently

medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-07-01: certificate-change-of-name-company

Group structure

Protool Plastics Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Protool Plastics Group Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

ADVANCED PLASTICS (SOUTH) LIMITED

This company · 02107371

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
Protool Plastics Group Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	06/04/2016

2 historic (ceased) PSCs

Mr Ian Hunterceased 21/07/2021· significant influence
Mr Stephen William Hallceased 21/07/2021· significant influence

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 · Manufacturing · PO postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A & G CARPENTRY LIMITED→ 11338169 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
A.I.O.W. LIMITED→ 07568909 · est 2011 · no financials extracted	—	—	—	—	15y	—	—
A&H TIMBER PRODUCTS LTD→ 11536417 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
AA HEATING GROUP LTD→ 15885450 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ACCI AIRCONDITIONING LTD→ 09064423 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
ACL EXHIBITIONS LTD→ 12988660 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
ACT OF KINDNESS ORGANICS LTD→ 11372688 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
ADBT MACHINING LTD→ 17058518 · est 2026 · no financials extracted	—	—	—	—	—	—	—
ADLASER PROFILES LIMITED→ 10646651 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
ADRIFT COVERS LIMITED→ 10883055 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
ADVANCED MARINE STRUCTURES LTD→ 03796374 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
ADVENTURES AND PLAY LTD→ 12571896 · est 2020 · no financials extracted	—	—	—	—	5y	—	—

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

Incorporated1987-03-06

Jurisdictionengland-wales

Primary SIC22290 — SIC 22290

Registered office

28 Standard Way

Fareham Industrial Park

Fareham

Hampshire

PO16 8XG

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-11-14

Last: 2025-10-31