ADPAK MACHINERY SYSTEMS LIMITED

📈Growthactive

02179444 · ltd · incorporated 1987-10-16

Investment thesis

Growth-phase business — story-led; valuation sensitive to momentum.

Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.

Why risky: Price often leads fundamentals; dependency on founder often high.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: SIC 28990

Sector: Manufacturing

ALSO REGISTERED FOR

46140SIC 46140

Investor take

Pursue

Leverage-led grower with a 75-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 75). 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 (78/100).

🏦

Refinance opportunity

8 live charges · 3 lenders · oldest 37.6y

45/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 37.6 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 35/100 — workable, but lender will want more DD.
· Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: high (80/100)

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

Company profile

address, 2 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

8 charges (8/8 with lender, 8/8 with type)

Directors & officers

14 officers (7 active, 14 linked, 11 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

2 connected companies via shared directors

Filing history

136 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

78/100Strong

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 · FRS 102

Profitable

Profit before tax £1,130,553

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Profit before tax	£1.13M	£693.0k
Average employees	33	2900

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

🔒Filing-note intelligence

3 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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (50 events)Click to expand

2026-03-31
📄
accounts-with-accounts-type-full
accounts · AA
2025-11-12
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-12
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-02-19
📄
accounts-with-accounts-type-full
accounts · AA
2023-12-22
📄
accounts-with-accounts-type-full
accounts · AA
2023-06-16
📄
change-person-director-company-with-change-date
officers · CH01
2022-11-04
📄
accounts-with-accounts-type-small
accounts · AA
2021-12-21
📄
accounts-with-accounts-type-small
accounts · AA
2021-01-18
📄
accounts-with-accounts-type-small
accounts · AA
2020-04-06
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-04-06
🔓
Charge satisfied #7
2020-04-02
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-03-30
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-03-23
🔒
Charge registered #8
Lender: Barclays Bank PLC
2020-03-23
🔒
Charge registered #7
Lender: Barclays Bank PLC
2019-12-27
📄
accounts-with-accounts-type-small
accounts · AA
2018-11-27
📄
accounts-with-accounts-type-small
accounts · AA
2018-11-14
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-11-13
📄
change-person-director-company-with-change-date
officers · CH01
2018-10-01
📄
capital-cancellation-shares
capital · SH06
2018-10-01
📄
capital-return-purchase-own-shares
capital · SH03
2018-09-20
➕
FARROW, Anthony appointed
secretary
2018-09-20
➕
ASPINALL, Mark Andrew appointed
director
2018-09-20
➕
FARROW, Anthony appointed
director
2018-09-20
➕
JENKINS, Amanda appointed
director
2018-09-20
➕
SUMNER, Michael appointed
director
2018-09-20
➕
TURNER, Christina Susan appointed
director
2018-09-06
➖
LUPTON, Andrew John resigned
director
2018-07-06
🔓
Charge satisfied #5
2013-01-24
🔓
Charge satisfied #3
2013-01-24
🔓
Charge satisfied #2
2009-09-14
➖
ROTHWELL, Carol Ann resigned
secretary
2009-09-14
➖
ROTHWELL, Carol Ann resigned
director
2005-04-01
➕
LUPTON, Andrew John appointed
director
2000-12-21
➖
NUTTER, Alan Peter resigned
director
1999-10-22
🔒
Charge registered #6
Lender: Barclays Bank PLC
1999-01-08
➖
GIBSON, Trevor Martin resigned
director
1998-04-01
➕
GIBSON, Trevor Martin appointed
director
1998-04-01
➕
NUTTER, Alan Peter appointed
director
1998-03-26
➖
ROBERTS, David Nigel resigned
secretary
1998-03-26
➕
ROTHWELL, Carol Ann appointed
secretary
1998-03-26
➖
ROBERTS, David Nigel resigned
director
1997-02-03
🔒
Charge registered #5
Lender: Barclays Bank PLC
1997-02-03
🔒
Charge registered #4
Lender: Barclays Bank PLC
1994-04-01
➕
ROTHWELL, Carol Ann appointed
director
1993-10-01
🔒
Charge registered #3
Lender: Yorkshire Bank PLC
1993-04-21
🔓
Charge satisfied #1
1993-01-21
🔒
Charge registered #2
Lender: Yorkshire Bank PLC
1988-09-27
🔒
Charge registered #1
Lender: Midland Bank PLC
1987-10-16
🏢
Company incorporated
As ADPAK MACHINERY SYSTEMS LIMITED

Owner dependency

63/100

High — earn-out structure required

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

FACTORS

-6 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 75 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
secondaryStable-but-static management: Company is 39 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

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

🏛️

Adpak Machinery Systems Holdings Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

ADPAK MACHINERY SYSTEMS LIMITED

This company · 02179444

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
Adpak Machinery Systems Holdings Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	10/11/2025

1 historic (ceased) PSC

Mr John Anderson Farrowceased 10/11/2025· 75-100% shares · 75-100% voting

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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1 CLICK LOG CABINS LIMITED→ 07984465 · est 2012 · no financials extracted	—	—	—	—	14y	—	—
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3D PLATES LIMITED→ 15674431 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
A & H HARGREAVES (ROSSENDALE) LIMITED→ 04762807 · est 2003 · no financials extracted	—	—	—	—	22y	—	—
A & K BESPOKE MANUFACTURING LTD→ 15151206 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ACCENTIA ARTS LIMITED→ 05829483 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
ACEWELL INSTALLATIONS LIMITED→ 04043946 · est 2000 · no financials extracted	—	—	—	—	25y	—	—
ACORN DOOR SYSTEMS LIMITED→ 03934046 · est 2000 · no financials extracted	—	—	—	—	26y	—	—
ACUTOOLS LIMITED→ 08882222 · est 2014 · no financials extracted	—	—	—	—	12y	—	—
ADL HOLDINGS LIMITED→ 06455481 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
ADM (SOLUTIONS) LIMITED→ 04940346 · est 2003 · no financials extracted	—	—	—	—	22y	—	—
ADVANCED CHEMICAL HOLDINGS LTD→ 11384083 · est 2018 · no financials extracted	—	—	—	—	7y	—	—

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

Incorporated1987-10-16

Jurisdictionengland-wales

Primary SIC28990 — SIC 28990

Registered office

3 Pendleside

Lomeshaye Industrial Estate

Nelson

Lancashire

BB9 6RY

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-06-29

Last: 2025-06-15