APPLEGREEN LIMITED
🌳Matureactive
02524055 · ltd · incorporated 1990-07-19
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 Jun 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 46160
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 64-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 57/100. Strong seller-intent signal (70/100, director aged 64). Biggest value-creation lever: Consolidate lender relationships. 3 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 · 3 lenders · oldest 31.9y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 31.9 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.
Data confidence
Overall: medium (79/100)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
75
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
108 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
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 | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Average employees | 900 | 900 |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2026-02-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-10-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-01➕PATRICK, Elena appointeddirector
- 2025-03-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-07-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-07-31📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-07-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-19➖LEECH, Jung Hee resigneddirector
- 2024-07-17🔒Charge registered #6Lender: Barclays Security Trustee Limited
- 2024-03-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-08-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-08-03🔒Charge registered #5Lender: Barclays Security Trustee Limited
- 2023-03-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2012-11-16🔒Charge registered #4Lender: Legal and General Property Partners (Industrial Funds) Limited and Legal and General Property Partners (Industrial) Nominees Limited
- 2011-07-07➖TSALIKIS, Aristides resignedsecretary
- 2009-01-08🔒Charge registered #3Lender: Barclays Bank PLC
- 2006-09-29➖LEECH, Denis resigneddirector
- 2006-07-12➕LEECH, Christopher John appointeddirector
- 1997-07-24➖LEECH, Denis resignedsecretary
- 1997-07-24➕TSALIKIS, Aristides appointedsecretary
- 1996-05-09🔒Charge registered #2Lender: Barclays Bank PLC
- 1994-08-22🔒Charge registered #1Lender: Barclays Bank PLC
- 1993-11-08➕LEECH, Denis appointedsecretary
- 1993-11-08➖TSALIKIS, Aristides resignedsecretary
- 1993-11-08➖TSALIKIS, Aristides resigneddirector
- 1990-07-19🏢Company incorporatedAs APPLEGREEN LIMITED
Owner dependency
76/100
High — earn-out structure requiredMaterial 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 20 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 low6 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Ag 26 Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Ag 26 Ltd
Corporate parent · holds 75-100% shares · board control
⬇
APPLEGREEN LIMITED
This company · 02524055
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 |
|---|---|---|---|---|
Ag 26 Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 19/07/2024 |
2 historic (ceased) PSCs
- Mr Christopher John Leechceased 19/07/2024· 25-50% voting · board control · significant influence
- Mrs Jung Hee Leechceased 19/07/2024· 50-75% voting · board control · significant influence
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 · Wholesale & distribution · SK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALO MARKETING LIMITED→ 16260171 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALWAYS OFF-SEASON LIMITED→ 16557258 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AMPHOREA DIRECT LIMITED→ 11969345 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AMTREX INTERNATIONAL LIMITED→ 10599648 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ANYTHING SHIPS ENTERPRISE LIMITED→ 16766044 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| APA TECHNOLOGIES UK LIMITED→ 10891559 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| APKA ASSOCIATES LTD→ 12137923 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| APPARELWEB LTD→ 16750043 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| APPLIED CHEMICALS APPLICATION TECHNOLOGY LIMITED→ 07108323 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| APPROVED HYDRAULICS LIMITED→ 02507683 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| AQSASCART LIMITED→ 16688870 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AR AGRI LTD→ 16302070 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated1990-07-19
Jurisdictionengland-wales
Primary SIC46160 — SIC 46160
Registered office
Riverside House Kings Reach Business Park
Yew Street
Stockport
Cheshire
SK4 2HD
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-08-02
Last: 2025-07-19
Officers (2 active · 6 resigned)
LEECH, Christopher John→
Activedirector · ~64y · appointed 2006-07-12
View their other companies + combined net worth →
PATRICK, Elena→
Activedirector · ~46y · appointed 2025-09-01
View their other companies + combined net worth →
LEECH, Denis→
Resignedsecretary · appointed 1993-11-08 · resigned 1997-07-24
TSALIKIS, Aristides→
Resignedsecretary · appointed 1997-07-24 · resigned 2011-07-07
TSALIKIS, Aristides→
Resignedsecretary · resigned 1993-11-08
LEECH, Denis→
Resigneddirector · ~90y · resigned 2006-09-29
LEECH, Jung Hee→
Resigneddirector · ~72y · resigned 2024-07-19
TSALIKIS, Aristides→
Resigneddirector · ~76y · resigned 1993-11-08
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
6
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 17/07/2024 | — | |
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 03/08/2023 | — | |
| outstanding | Legal and General Property Partners (Industrial Funds) and Legal and General Property Partners (Industrial) Nominees Legal and General Property Partners (Industrial Funds) Limited and Legal and General Property Partners (Industrial) Nominees Limited | Underlease with rent deposit | 1 property | 16/11/2012 | — | |
| outstanding | Barclays Barclays Bank PLC | Deed of charge over credit balances | 1 property | 08/01/2009 | — | |
| outstanding | Barclays Barclays Bank PLC | Deed of charge over credit balances | 1 property | 09/05/1996 | — | |
| outstanding | Barclays Barclays Bank PLC | Debenture | 1 property | 22/08/1994 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (108 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-18
appoint-person-director-company-with-name-date
officers · AP01
2025-10-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-07-31
termination-director-company-with-name-termination-date
officers · TM01
2024-07-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-07-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-07-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-08