AZTEC CHEMICALS LIMITED

💤Zombieactive
02347190 · ltd · incorporated 1989-02-13
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 Jul 2025
Net worth
£310.1k
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: SIC 46750
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 77/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (53/100).

🏦

Refinance opportunity

12 live charges · 5 lenders · oldest 37.2y

15/100
under pressure

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

  • · Oldest live charge is 37.2 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

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
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
128 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £310,129
Net assets shrinking
Down £9,830 YoY
Cash YoY
-40%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£5k
↓ 40% YoY
Net Worth
£310k
↓ 3.1% YoY
Current Assets
£1.2m
↑ 9.7% YoY
Current Liabilities
—
£0£236k£472k£707k£943k£1.2mJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31
Total assets£345.9k£357.0k
Current assets£1.18M£1.07M
Cash£4.5k£7.5k
Debtors£871.3k£776.8k
Net assets£310.1k£320.0k

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

🔒Filing-note intelligence

1 signal 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 accounts
Counts from Companies House filing history.
Corporate timeline (43 events)Click to expand
  1. 2026-03-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-04-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-01-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2020-12-18
    ➖
    COLLINS, Brady Michael resigned
    director
  9. 2020-12-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2020-12-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2020-06-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  12. 2020-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-01-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2019-05-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2019-01-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2019-01-11
    🔒
    Charge registered #12
    Lender: Rbs Invoice Finance LTD
  17. 2018-05-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  18. 2018-04-04
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  19. 2016-11-14
    🔒
    Charge registered #11
    Lender: Barclays Bank PLC
  20. 2010-03-24
    🔓
    Charge satisfied #9
  21. 2010-03-24
    🔓
    Charge satisfied #7
  22. 2007-03-16
    🔒
    Charge registered #10
    Lender: National Westminster Bank PLC
  23. 2006-09-27
    🔓
    Charge satisfied #8
  24. 2002-03-18
    🔒
    Charge registered #9
    Lender: Barclays Bank PLC
  25. 2001-05-30
    ➖
    COLLINS, John Brendon resigned
    director
  26. 2000-03-02
    🔒
    Charge registered #8
    Lender: Lloyds Tsb Bank PLC
  27. 1999-09-01
    🔓
    Charge satisfied #6
  28. 1999-09-01
    🔓
    Charge satisfied #5
  29. 1999-09-01
    🔓
    Charge satisfied #3
  30. 1995-12-06
    🔒
    Charge registered #7
    Lender: Kellock Limited
  31. 1995-07-17
    🔒
    Charge registered #6
    Lender: Barclays Bank PLC
  32. 1992-06-20
    ➕
    COLLINS, John Patrick appointed
    secretary
  33. 1992-06-20
    ➖
    SMYTHE, Colin James resigned
    secretary
  34. 1992-06-20
    ➖
    SMYTHE, Colin James resigned
    director
  35. 1992-05-14
    🔓
    Charge satisfied #2
  36. 1992-05-14
    🔓
    Charge satisfied #1
  37. 1992-02-20
    🔒
    Charge registered #5
    Lender: Barclays Bank PLC
  38. 1992-02-20
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  39. 1992-02-20
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  40. 1991-05-31
    ➖
    BAXTER, David Henry resigned
    director
  41. 1990-12-31
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  42. 1989-04-05
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  43. 1989-02-13
    🏢
    Company incorporated
    As AZTEC CHEMICALS LIMITED

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 37 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

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

🏛️
Hopecrest Investments Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
AZTEC CHEMICALS LIMITED
This company · 02347190

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
Hopecrest Investments Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control07/12/2020
1 historic (ceased) PSC
  • Hopecrest Holdings Limitedceased 07/12/2020· 75-100% shares

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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10917968 · est 2017 · no financials extracted
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————9y——
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13028753 · est 2020 · no financials extracted
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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
Incorporated1989-02-13
Jurisdictionengland-wales
Primary SIC46750 — SIC 46750

Registered office

Unit 16 Orion Way
Orion Park
Crewe
Cheshire
CW1 6NG
England

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31

Officers (2 active · 5 resigned)

COLLINS, John Patrick→
secretary · appointed 1992-06-20
View their other companies + combined net worth →
Active
COLLINS, John Patrick→
director · ~61y
View their other companies + combined net worth →
Active
SMYTHE, Colin James→
secretary · resigned 1992-06-20
Resigned
BAXTER, David Henry→
director · ~80y · resigned 1991-05-31
Resigned
COLLINS, Brady Michael→
director · ~60y · resigned 2020-12-18
Resigned
COLLINS, John Brendon→
director · ~91y · resigned 2001-05-30
Resigned
SMYTHE, Colin James→
director · ~79y · resigned 1992-06-20
Resigned

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

Mortgages & charges

12
Total charges
4
Outstanding
3
Active lenders
Status:Lender:12 of 12 shown
TypeProperties
outstanding
NatWest Group
Rbs Invoice Finance LTD
A registered charge—11/01/2019—
outstanding
Barclays
Barclays Bank PLC
A registered charge—14/11/2016—
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property16/03/2007—
satisfied
Barclays
Barclays Bank PLC
Debenture1 property18/03/200224/03/2010
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Debenture1 property02/03/200027/09/2006
satisfied
Kellock
Kellock Limited
Charge on debts1 property06/12/199524/03/2010
satisfied
Barclays
Barclays Bank PLC
Legal charge2 properties17/07/199501/09/1999
satisfied
Barclays
Barclays Bank PLC
Debenture1 property20/02/199201/09/1999
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property20/02/1992—
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property20/02/199201/09/1999
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property31/12/199014/05/1992
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage2 properties05/04/198914/05/1992
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (128 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-29
termination-director-company-with-name-termination-date
officers · TM01
2021-01-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-12-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2020-12-17