ASSOCIATED PLASTIC COMPONENTS LIMITED

🌳Matureactive
02859326 · ltd · incorporated 1993-10-05
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
£529.2k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 22290
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 32.5y

30/100
under pressure

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

  • · Oldest live charge is 32.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Cashflow trend is negative — lender view likely cautious.

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
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
11 officers (2 active, 11 linked, 6 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
101 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
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 £529,206
Net assets shrinking
Down £13,380 YoY
Cash YoY
-18%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£302k
↓ 18% YoY
Net Worth
£529k
↓ 2.5% YoY
Current Assets
£592k
↓ 7.7% YoY
Current Liabilities
—
£0£128k£256k£385k£513k£641kDec 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£543.8k£560.9k
Current assets£591.9k£641.1k
Cash£301.8k£370.0k
Debtors£135.6k£106.4k
Net assets£529.2k£542.6k

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

🔒Filing-note intelligence

3 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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2025-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-11-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-11-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-12-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-07-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-10-26
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2017-10-25
    📄
    capital-allotment-shares
    capital · SH01
  11. 2017-10-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2017-10-20
    ➕
    GARNER, Richard Matthew appointed
    director
  13. 2017-10-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-10-17
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2016-05-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2016-02-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2016-01-22
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  18. 2015-12-31
    ➖
    BERRIDGE, Jane Wesley resigned
    secretary
  19. 2015-12-31
    ➖
    BERRIDGE, Christopher Thomas resigned
    director
  20. 2004-02-27
    ➖
    GOUNDRILL, Ian David resigned
    director
  21. 1998-11-14
    🔓
    Charge satisfied #1
  22. 1998-10-09
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  23. 1998-01-21
    ➖
    CASTLEDINE, Anthony John resigned
    director
  24. 1994-03-31
    ➖
    BEECROFT, Ronald Stanley resigned
    secretary
  25. 1994-03-31
    ➕
    BERRIDGE, Jane Wesley appointed
    secretary
  26. 1994-03-31
    ➖
    LINTON, Ronald Martin resigned
    secretary
  27. 1994-03-31
    ➕
    BERRIDGE, Christopher Thomas appointed
    director
  28. 1994-03-31
    ➕
    GOUNDRILL, Ian David appointed
    director
  29. 1993-12-08
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  30. 1993-11-17
    ➕
    BEECROFT, Ronald Stanley appointed
    secretary
  31. 1993-11-17
    ➖
    LINTON, Ronald Martin resigned
    director
  32. 1993-10-05
    🏢
    Company incorporated
    As ASSOCIATED PLASTIC COMPONENTS LIMITED
  33. 1993-10-05
    ➕
    BEECROFT, Ronald Stanley appointed
    director
  34. 1993-10-05
    ➕
    LINTON, Ronald Martin appointed
    secretary
  35. 1993-10-05
    ➕
    LONDON LAW SECRETARIAL LIMITED appointed
    corporate-nominee-secretary
  36. 1993-10-05
    ➖
    LONDON LAW SECRETARIAL LIMITED resigned
    corporate-nominee-secretary
  37. 1993-10-05
    ➕
    CASTLEDINE, Anthony John appointed
    director
  38. 1993-10-05
    ➕
    LINTON, Ronald Martin appointed
    director
  39. 1993-10-05
    ➕
    LONDON LAW SERVICES LIMITED appointed
    corporate-nominee-director
  40. 1993-10-05
    ➖
    LONDON LAW SERVICES LIMITED resigned
    corporate-nominee-director

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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

86/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. 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 33 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 33 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%
NameSharesVoting rightsNature of controlNotified
Mr Ronald Stanley Beecroft
Individual · British · DOB 05/1957 · age 69
75–100%
—75-100% shares06/04/2016

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
Incorporated1993-10-05
Jurisdictionengland-wales
Primary SIC22290 — SIC 22290

Registered office

140 Hedon Road
Hull
HU9 1NJ
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-06
Last: 2025-05-23

Officers (2 active · 9 resigned)

BEECROFT, Ronald Stanley→
director · ~69y · appointed 1993-10-05
View their other companies + combined net worth →
Active
GARNER, Richard Matthew→
director · ~58y · appointed 2017-10-20
View their other companies + combined net worth →
Active
BEECROFT, Ronald Stanley→
secretary · appointed 1993-11-17 · resigned 1994-03-31
Resigned
BERRIDGE, Jane Wesley→
secretary · appointed 1994-03-31 · resigned 2015-12-31
Resigned
LINTON, Ronald Martin→
secretary · appointed 1993-10-05 · resigned 1994-03-31
Resigned
LONDON LAW SECRETARIAL LIMITED→
corporate-nominee-secretary · appointed 1993-10-05 · resigned 1993-10-05
Resigned
BERRIDGE, Christopher Thomas→
director · ~67y · appointed 1994-03-31 · resigned 2015-12-31
Resigned
CASTLEDINE, Anthony John→
director · ~71y · appointed 1993-10-05 · resigned 1998-01-21
Resigned
GOUNDRILL, Ian David→
director · ~69y · appointed 1994-03-31 · resigned 2004-02-27
Resigned
LINTON, Ronald Martin→
director · ~81y · appointed 1993-10-05 · resigned 1993-11-17
Resigned
LONDON LAW SERVICES LIMITED→
corporate-nominee-director · appointed 1993-10-05 · resigned 1993-10-05
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
A registered charge—22/01/2016—
outstanding
Barclays
Barclays Bank PLC
Debenture1 property09/10/1998—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Debenture1 property08/12/199314/11/1998
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (101 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-01-22