ANOPOL (SOUTH) LIMITED

🌳Matureactive

02325889 · ltd · incorporated 1988-12-07

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

£269.7k

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: Treatment and coating of metals

Sector: Manufacturing

Investor take

Pursue

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

Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 30.8y

30/100

under pressure

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

· Oldest live charge is 30.8 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Cashflow trend is negative — lender view likely cautious.

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

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

12 officers (2 active, 12 linked, 9 with DOB)

Ownership & PSC

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

Director network

6 connected companies via shared directors

Filing history

115 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

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

Some acquirability indicators.

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 £269,678

Cash YoY

-28%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£217k

↓ 28% YoY

Net Worth

£270k

↑ 3.0% YoY

Current Assets

£1.0m

↑ 36% 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	£269.7k	£263.8k
Current assets	£1.01M	£743.2k
Cash	£217.4k	£303.9k
Debtors	£791.7k	£435.8k
Net assets	£269.7k	£261.9k

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (39 events)Click to expand

2025-12-08
📄
change-person-director-company-with-change-date
officers · CH01
2025-07-01
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-13
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-16
📄
change-person-director-company-with-change-date
officers · CH01
2023-09-29
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-07-25
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-03-31
➖
MUSTILL, Anthony John resigned
director
2022-06-17
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-02-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-02-03
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2021-11-08
➖
DALLAWAY, Adrian Paul resigned
secretary
2021-11-08
➖
DALLAWAY, Adrian Paul resigned
director
2021-05-17
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-10-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-17
📄
change-person-director-company-with-change-date
officers · CH01
2019-09-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-07-31
➖
SWAIN, Brian George resigned
director
2018-07-31
➖
SWAIN, John David resigned
director
2018-07-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-07-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2013-07-30
➕
SPEARS, Philip Stuart appointed
director
2013-07-30
➕
DALLAWAY, Adrian Paul appointed
director
2013-07-30
🔒
Charge registered #3
Lender: Lloyds Tsb Bank PLC
2011-05-01
➕
CASS, David appointed
director
2003-10-13
🔒
Charge registered #2
Lender: Lloyds Tsb Bank PLC
2003-03-27
➖
DENTON, Donald resigned
director
2002-04-15
➕
DALLAWAY, Adrian Paul appointed
secretary
2002-04-08
➕
MUSTILL, Anthony John appointed
director
2002-02-24
➖
STANLEY, Francis John resigned
secretary
2002-02-24
➖
STANLEY, Francis John resigned
director
1995-10-18
🔒
Charge registered #1
Lender: Tsb Bank PLC
1994-10-06
➖
HOLLAND, Eileen June resigned
secretary
1994-10-06
➕
STANLEY, Francis John appointed
secretary
1994-10-06
➖
HOLLAND, William resigned
director
1994-10-06
➕
STANLEY, Francis John appointed
director
1994-10-06
➕
SWAIN, Brian George appointed
director
1994-10-06
➕
SWAIN, John David appointed
director
1988-12-07
🏢
Company incorporated
As ANOPOL (SOUTH) LIMITED

Owner dependency

68/100

High — earn-out structure required

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

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

59/100

Strong succession signal

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

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 15 years.
secondaryStable-but-static management: Company is 38 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.)

Group structure

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

🏛️

Anopol Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

ANOPOL (SOUTH) LIMITED

This company · 02325889

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
Anopol Limited Corporate entity	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.

🔒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 · B postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A.M.M.E. LIMITED→ 01603560 · est 1981 · no financials extracted	—	—	—	—	44y	—	—
A.PERRY LTD→ 00363827 · est 1940 · no financials extracted	—	—	—	—	85y	—	—
A.POOLE & SON LIMITED→ 00481558 · est 1950 · no financials extracted	—	—	—	—	75y	—	—
ANCO CATALYSTS LIMITED→ 02209284 · est 1987 · no financials extracted	—	—	—	—	38y	—	—
ANOPOL GROUP LIMITED→ 08532527 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
ANSON SITE SERVICES LTD→ 14110270 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
ANSRSA LTD→ 15714978 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ANU DIMENSION LIMITED→ 10110077 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
ANVIC SILVER LIMITED→ 04901320 · est 2003 · no financials extracted	—	—	—	—	22y	—	—
ANVIL IRONCRAFT LTD→ 13666271 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
ANVIL STEELS (SANDWELL) LIMITED→ 02034174 · est 1986 · no financials extracted	—	—	—	—	39y	—	—
ANY TYPE SCREWS & FIXINGS LTD→ 15166542 · est 2023 · no financials extracted	—	—	—	—	2y	—	—

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

Incorporated1988-12-07

Jurisdictionengland-wales

Primary SIC25610 — Treatment and coating of metals

Registered office

70 Bordesley Street

Birmingham

B5 5QA

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-05-26

Last: 2026-05-12

Officers (2 active · 10 resigned)

CASS, David→

director · ~56y · appointed 2011-05-01

View their other companies + combined net worth →

Active

SPEARS, Philip Stuart→

director · ~53y · appointed 2013-07-30

View their other companies + combined net worth →

Active

DALLAWAY, Adrian Paul→

secretary · appointed 2002-04-15 · resigned 2021-11-08

Resigned

HOLLAND, Eileen June→

secretary · resigned 1994-10-06

Resigned

STANLEY, Francis John→

secretary · appointed 1994-10-06 · resigned 2002-02-24

Resigned

DALLAWAY, Adrian Paul→

director · ~64y · appointed 2013-07-30 · resigned 2021-11-08

Resigned

DENTON, Donald→

director · ~93y · resigned 2003-03-27

Resigned

HOLLAND, William→

director · ~79y · resigned 1994-10-06

Resigned

MUSTILL, Anthony John→

director · ~73y · appointed 2002-04-08 · resigned 2023-03-31

Resigned

STANLEY, Francis John→

director · ~93y · appointed 1994-10-06 · resigned 2002-02-24

Resigned

SWAIN, Brian George→

director · ~81y · appointed 1994-10-06 · resigned 2018-07-31

Resigned

SWAIN, John David→

director · ~88y · appointed 1994-10-06 · resigned 2018-07-31

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:3 of 3 shown

		Type	Properties
outstanding	Lloyds Banking Group Lloyds Tsb Bank PLC	A registered charge	1 property	30/07/2013	—
outstanding	Lloyds Banking Group Lloyds Tsb Bank PLC	An omnibus guarantee and set-off agreement	1 property	13/10/2003	—
outstanding	Lloyds Banking Group Tsb Bank PLC	Mortgage debenture	1 property	18/10/1995	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (115 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-05-12

change-person-director-company-with-change-date

officers · CH01

2025-12-08

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2025-07-01

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-05-19

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2024-09-13

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-06-03

change-person-director-company-with-change-date

officers · CH01

2024-01-16

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2023-09-29

termination-director-company-with-name-termination-date

officers · TM01

2023-07-25

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-07-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-07-08

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2022-06-17

termination-director-company-with-name-termination-date

officers · TM01

2022-02-03

termination-secretary-company-with-name-termination-date

officers · TM02

2022-02-03

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2021-05-17