FIELD CHEMICALS LIMITED

💤Zombieactive

02200320 · ltd · incorporated 1987-11-30

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

£43.6k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 38120

Sector: Water supply & waste

Investor take

Pursue

Asset-holding vehicle with a 60-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 20.6y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 20.6 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

5 officers (2 active, 5 linked, 3 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

98 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

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 £43,613

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£44k

↑ 5.8% YoY

Current Assets

£51k

↑ 11% 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	£43.6k	£41.3k
Current assets	£51.5k	£46.3k
Net assets	£43.6k	£41.2k

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 mortgage

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2026-03-09
📄
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-09
🔓
Charge satisfied #1
2025-08-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-04
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-12-28
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2016-12-05
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-01-27
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-09-17
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-01-16
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-01-16
📄
change-person-secretary-company-with-change-date
officers · CH03
2005-11-25
🔒
Charge registered #1
Lender: Lloyds Tsb Bank PLC
2005-10-26
➖
FIELD, Felicity Dawn Watson resigned
director
2005-10-21
➖
FIELD, Felicity Dawn Watson resigned
secretary
2005-10-21
➖
FIELD, John Akroyd resigned
director
2005-10-20
➕
LUNDBERG, Cheryl Bernice appointed
secretary
2005-10-20
➕
LUNDBERG, Carl appointed
director
1987-11-30
🏢
Company incorporated
As FIELD CHEMICALS LIMITED

Owner dependency

93/100

Critical — business is the founder

The 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 21 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

85/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 21 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

clean

No 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 Carl Lundberg Individual · British · DOB 10/1966 · age 60	75–100%	—	75-100% shares	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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

Incorporated1987-11-30

Jurisdictionengland-wales

Primary SIC38120 — SIC 38120

Registered office

36 Kings Lane

Little Harrowden

Wellingborough

Northamptonshire

NN9 5BL

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-01-14

Last: 2025-12-31

Officers (2 active · 3 resigned)

LUNDBERG, Cheryl Bernice→

secretary · appointed 2005-10-20

View their other companies + combined net worth →

Active

LUNDBERG, Carl→

director · ~60y · appointed 2005-10-20

View their other companies + combined net worth →

Active

FIELD, Felicity Dawn Watson→

secretary · resigned 2005-10-21

Resigned

FIELD, Felicity Dawn Watson→

director · ~96y · resigned 2005-10-26

Resigned

FIELD, John Akroyd→

director · ~88y · resigned 2005-10-21

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	satisfied	Lloyds Banking Group Lloyds Tsb Bank PLC	Debenture	1 property	25/11/2005	09/03/2026

Recent filings (98 total)

mortgage-satisfy-charge-full

mortgage · MR04

2026-03-09

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-01-05