AC PLASTICS LIMITED

🌳Matureactive
02164843 · ltd · incorporated 1987-09-15
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
year to Dec 2024
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: SIC 22290
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

26 live charges · 9 lenders · oldest 37.6y

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 37.6 years old — likely at or near maturity.
  • · 9 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: high (84/100)

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
26 charges (26/26 with lender, 26/26 with type)
90
Directors & officers
16 officers (5 active, 16 linked, 14 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
245 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Average employees57006000

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
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (94 events)Click to expand
  1. 2025-10-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-08-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-07-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-04-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-02-07
    MCGUIRE, David Andrew John resigned
    director
  6. 2024-05-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-03-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2024-03-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2024-03-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-03-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2024-03-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  12. 2024-03-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2024-03-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2024-02-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2023-12-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2023-12-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2023-12-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2023-12-05
    📄
    memorandum-articles
    incorporation · MA
  19. 2023-12-05
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2023-11-24
    GOUGH, Martin appointed
    director
  21. 2023-11-24
    HOLDEN, Philip appointed
    director
  22. 2023-11-24
    POWELL, David George appointed
    director
  23. 2023-11-24
    MCGUIRE, David Andrew John appointed
    director
  24. 2023-10-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2022-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2022-08-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  27. 2022-08-07
    🔓
    Charge satisfied #23
  28. 2022-08-07
    🔓
    Charge satisfied #20
  29. 2022-08-07
    🔓
    Charge satisfied #19
  30. 2022-08-05
    🔒
    Charge registered #26
    Lender: Praetura Commercial Finance Limited
  31. 2022-08-05
    🔒
    Charge registered #25
    Lender: Christopher John Marsden (In His Capacity as Security Trustee)
  32. 2017-11-22
    HORSMAN, Neil Richard resigned
    director
  33. 2017-04-11
    NELSON, David Ian resigned
    director
  34. 2014-09-25
    MARSDEN, Christopher John appointed
    director
  35. 2014-09-25
    HORSMAN, Neil Richard appointed
    director
  36. 2011-08-30
    HACKING, Christopher William resigned
    secretary
  37. 2011-08-30
    HACKING, Christopher William resigned
    director
  38. 2011-06-29
    🔒
    Charge registered #24
    Lender: Derwent Holdings Limited
  39. 2011-03-31
    🔓
    Charge satisfied #21
  40. 2011-03-25
    THOMALLA, Lee Paul appointed
    director
  41. 2011-03-25
    BROWN, Richard Mark resigned
    director
  42. 2011-03-25
    MARSDEN, Christopher John resigned
    director
  43. 2011-03-25
    MAYER, Philip resigned
    director
  44. 2011-03-25
    NELSON, David Ian appointed
    director
  45. 2009-11-07
    🔓
    Charge satisfied #22
  46. 2009-09-21
    🔒
    Charge registered #23
    Lender: Lloyds Tsb Commercial Finance LTD
  47. 2009-01-23
    🔓
    Charge satisfied #18
  48. 2009-01-23
    🔓
    Charge satisfied #17
  49. 2009-01-23
    🔓
    Charge satisfied #16
  50. 2009-01-23
    🔓
    Charge satisfied #15
Showing most recent 50 of 94 events

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
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

63/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 15 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

Brabco 1022 Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Brabco 1022 Limited
Corporate parent · holds 75-100% shares
ultimate parent
AC PLASTICS LIMITED
This company · 02164843

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
Brabco 1022 Limited
Corporate entity
75100%
75-100% shares06/04/2016

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

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
Incorporated1987-09-15
Jurisdictionengland-wales
Primary SIC22290 — SIC 22290

Registered office

A C Plastics
Wilson Road
Liverpool
L36 6AN
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-17
Last: 2026-02-03

Officers (5 active · 11 resigned)

GOUGH, Martin
director · ~47y · appointed 2023-11-24
View their other companies + combined net worth →
Active
HOLDEN, Philip
director · ~61y · appointed 2023-11-24
View their other companies + combined net worth →
Active
MARSDEN, Christopher John
director · ~69y · appointed 2014-09-25
View their other companies + combined net worth →
Active
POWELL, David George
director · ~53y · appointed 2023-11-24
View their other companies + combined net worth →
Active
THOMALLA, Lee Paul
director · ~57y · appointed 2011-03-25
View their other companies + combined net worth →
Active
HACKING, Christopher William
secretary · appointed 2004-12-09 · resigned 2011-08-30
Resigned
PLUNKETT, Judith Margaret
secretary · resigned 2004-12-09
Resigned
BROWN, Richard Mark
director · ~70y · appointed 1998-06-30 · resigned 2011-03-25
Resigned
HACKING, Christopher William
director · ~76y · appointed 2002-02-21 · resigned 2011-08-30
Resigned
HORSMAN, Neil Richard
director · ~63y · appointed 2014-09-25 · resigned 2017-11-22
Resigned
KARANI, Minoo Pheroze
director · ~73y · resigned 2007-10-25
Resigned
MARSDEN, Christopher John
director · ~69y · appointed 2007-10-25 · resigned 2011-03-25
Resigned
MAYER, Philip
director · ~62y · resigned 2011-03-25
Resigned
MCGUIRE, David Andrew John
director · ~52y · appointed 2023-11-24 · resigned 2025-02-07
Resigned
NELSON, David Ian
director · ~70y · appointed 2011-03-25 · resigned 2017-04-11
Resigned
PLUNKETT, Judith Margaret
director · ~69y · resigned 2007-10-25
Resigned

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

Mortgages & charges

26
Total charges
3
Outstanding
3
Active lenders
Status:Lender:26 of 26 shown
TypeProperties
outstanding
Praetura Commercial Finance
Praetura Commercial Finance Limited
A registered charge9 properties05/08/2022
outstanding
Christopher John Marsden (In His Capacity as Security Trustee)
A registered charge1 property05/08/2022
outstanding
Derwent Holdings
Derwent Holdings Limited
Rent deposit deed1 property29/06/2011
satisfied
Lloyds Banking Group
Lloyds Tsb Commercial Finance LTD
Debenture1 property21/09/200907/08/2022
satisfied
Mr Minoo Pheroze Karani
Debenture1 property26/10/200707/11/2009
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Chattel mortgage1 property26/10/200731/03/2011
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Legal charge2 properties26/10/200707/08/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Debenture1 property26/10/200707/08/2022
satisfied
Barclays
Barclays Bank PLC
Legal charge2 properties07/04/200523/01/2009
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property14/01/200523/01/2009
satisfied
Minoo Pheroze Karani
Legal charge1 property31/08/200423/01/2009
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property02/08/200423/01/2009
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property11/06/200123/01/2009
satisfied
Minoo Pheroze Karani
Debenture1 property14/12/200023/01/2009
satisfied
Minoo Pheroze Karani
Legal charge1 property14/12/200023/01/2009
satisfied
Minoo Pheroze Karani
Legal charge1 property14/12/200023/01/2009
satisfied
Minoo Pheroze Karani
Charge over book debts1 property14/12/200023/01/2009
satisfied
Barclays
Barclays Bank PLC
Legal charge2 properties24/08/200023/01/2009
satisfied
Barclays
Barclays Bank PLC
Legal charge2 properties24/08/200023/01/2009
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property21/02/199712/09/2007
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property21/02/199712/09/2007
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property29/01/199012/09/2007
satisfied
Nationwide Anglia Building Society
Mortgage deed1 property22/09/198909/11/2007
satisfied
Barclays
Barclays Bank PLC
Debenture1 property28/07/198923/01/2009
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property05/07/198923/01/2009
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property07/10/198809/07/2002
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (245 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-16
change-person-director-company-with-change-date
officers · CH01
2025-10-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-21
change-person-director-company-with-change-date
officers · CH01
2025-07-16
termination-director-company-with-name-termination-date
officers · TM01
2025-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-20
change-person-director-company-with-change-date
officers · CH01
2024-03-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-18
change-person-director-company-with-change-date
officers · CH01
2024-03-18
change-person-director-company-with-change-date
officers · CH01
2024-03-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-03-18
change-person-director-company-with-change-date
officers · CH01
2024-03-18
change-person-director-company-with-change-date
officers · CH01
2024-03-18
appoint-person-director-company-with-name-date
officers · AP01
2024-02-26