APC CARDIOVASCULAR LIMITED

🌳Matureactive
02423606 · ltd · incorporated 1989-09-18
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
£143.0k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 47749
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 62-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (65/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

6 live charges · 4 lenders · oldest 31.5y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 31.5 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 6 with DOB)
87
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
120 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
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 · accounting standard not declared
Positive net assets
Net assets £142,952
Cash YoY
+8%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£276k
↑ 8.1% YoY
Net Worth
£143k
↑ 1542% YoY
Current Assets
£964k
↑ 1.3% YoY
Current Liabilities
£0£193k£386k£579k£771k£964kDec 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
Total assets£220.7k£141.2k
Current assets£964.3k£951.5k
Cash£275.7k£255.0k
Debtors£510.2k£449.6k
Net assets£143.0k£8.7k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
  1. 2025-09-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2025-09-01
    🔓
    Charge satisfied #5
  3. 2025-08-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-07-31
    🔒
    Charge registered #6
    Lender: Npif Ii - Debt Yh LP Acting Through Its General Partner Mbl (General Partner Npif Ii - Debt Yh) Limited
  5. 2025-03-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-09-14
    📄
    memorandum-articles
    incorporation · MA
  9. 2023-02-09
    📄
    memorandum-articles
    incorporation · MA
  10. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-04-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2022-04-06
    🔒
    Charge registered #5
    Lender: Npif Y&H Debt L.P. Acting Through It’S General Partner Evbl (General Partner Npif Y&H Debt) Limited (“Npiflp”)
  13. 2021-06-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-01-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2021-01-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2021-01-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2021-01-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2021-01-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2021-01-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2021-01-26
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2021-01-26
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2021-01-26
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  23. 2021-01-26
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  24. 2021-01-26
    🔓
    Charge satisfied #4
  25. 2021-01-26
    🔓
    Charge satisfied #2
  26. 2021-01-26
    🔓
    Charge satisfied #3
  27. 2021-01-26
    🔓
    Charge satisfied #1
  28. 2016-01-15
    🔒
    Charge registered #4
    Lender: National Westminster Bank PLC
  29. 2013-03-31
    LAW-LYONS, Amanda Jayne appointed
    director
  30. 2012-01-06
    LAW-LYONS, Stephen Alan appointed
    director
  31. 2012-01-06
    EBDEN, Derrick resigned
    secretary
  32. 2012-01-06
    EBDEN, Derrick resigned
    director
  33. 2012-01-06
    EBDEN, Sylvia Anne resigned
    director
  34. 2012-01-06
    🔒
    Charge registered #2
    Lender: Close Invoice Finance LTD
  35. 2012-01-04
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  36. 1995-01-05
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  37. 1994-02-01
    EBDEN, Sylvia Anne appointed
    director
  38. 1994-01-01
    LUPER, Robin Duncan resigned
    director
  39. 1993-09-01
    TILLEY, Nigel Gordon resigned
    director
  40. 1992-09-17
    EBDEN, Derrick appointed
    secretary
  41. 1989-09-18
    🏢
    Company incorporated
    As APC CARDIOVASCULAR LIMITED

Owner dependency

74/100
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.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 14 years.
  • secondaryStable-but-static management: Company is 37 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

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.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Stephen Alan Law-Lyons
Individual · British · DOB 04/1968 · age 58
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mrs Amanda Jayne Law-Lyons
Individual · British · DOB 05/1964 · age 62
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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

6 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
Incorporated1989-09-18
Jurisdictionengland-wales
Primary SIC47749 — SIC 47749

Registered office

Whitehall Business Centre
75 School Lane
Hartford
Cheshire
CW8 1PF
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-25
Last: 2025-09-11

Officers (2 active · 5 resigned)

LAW-LYONS, Amanda Jayne
director · ~62y · appointed 2013-03-31
View their other companies + combined net worth →
Active
LAW-LYONS, Stephen Alan
director · ~58y · appointed 2012-01-06
View their other companies + combined net worth →
Active
EBDEN, Derrick
secretary · appointed 1992-09-17 · resigned 2012-01-06
Resigned
EBDEN, Derrick
director · ~76y · resigned 2012-01-06
Resigned
EBDEN, Sylvia Anne
director · ~73y · appointed 1994-02-01 · resigned 2012-01-06
Resigned
LUPER, Robin Duncan
director · ~72y · resigned 1994-01-01
Resigned
TILLEY, Nigel Gordon
director · ~68y · resigned 1993-09-01
Resigned

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

Mortgages & charges

6
Total charges
1
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Npif Ii - Debt Yh LP Acting Through Its General Partner Mbl (General Partner Npif Ii - Debt Yh)
Npif Ii - Debt Yh LP Acting Through Its General Partner Mbl (General Partner Npif Ii - Debt Yh) Limited
A registered charge31/07/2025
satisfied
Npif Y&H Debt L.P. Acting Through It’S General Partner Evbl (General Partner Npif Y&H Debt) (“Npiflp”)
Npif Y&H Debt L.P. Acting Through It’S General Partner Evbl (General Partner Npif Y&H Debt) Limited (“Npiflp”)
A registered charge06/04/202201/09/2025
satisfied
National Westminster Bank
National Westminster Bank PLC
A registered charge1 property15/01/201626/01/2021
satisfied
Close Invoice Finance
Close Invoice Finance LTD
Debenture1 property06/01/201226/01/2021
satisfied
National Westminster Bank
National Westminster Bank PLC
Charge of deposit1 property04/01/201226/01/2021
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property05/01/199526/01/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (120 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-11
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-14
memorandum-articles
incorporation · MA
2023-09-14
memorandum-articles
incorporation · MA
2023-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-04-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-23