ACKRACK PENCIL LIMITED

🌳Matureactive
02949978 · ltd · incorporated 1994-07-19
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 77-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (83/100, director aged 77). Share purchase looks the cleaner deal structure. 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 (65/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 31.4y

35/100
too messy

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

  • · Oldest live charge is 31.4 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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
10 officers (4 active, 10 linked, 4 with DOB)
78
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
102 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
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Dec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-12-312024-12-31
Average employees00

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
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
2
filings
  • • 1 accounts
  • • 1 address
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2026-06-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-03-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-09-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-09-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-09-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-08-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-10-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-08-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-07-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2018-08-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-07-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2018-07-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2017-09-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2016-09-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-03-16
    🔓
    Charge satisfied #3
  17. 2003-08-07
    🔒
    Charge registered #5
    Lender: Hsbc Bank PLC
  18. 2003-04-29
    🔒
    Charge registered #4
    Lender: Hsbc Bank PLC
  19. 2003-02-19
    ➖
    FIELD, Martin Victor resigned
    director
  20. 1999-09-27
    ➕
    TOWERS, Simon George Clifford appointed
    secretary
  21. 1999-07-24
    🔓
    Charge satisfied #2
  22. 1999-07-24
    🔓
    Charge satisfied #1
  23. 1999-06-30
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  24. 1999-06-14
    ➕
    LYNDS, Montague Randall appointed
    secretary
  25. 1999-06-10
    ➖
    RUNC, Carolyn Ann resigned
    secretary
  26. 1999-06-10
    ➖
    RUNC, Carolyn Ann resigned
    director
  27. 1995-02-07
    🔒
    Charge registered #2
    Lender: Tsb Bank PLC
  28. 1995-02-07
    🔒
    Charge registered #1
    Lender: Tsb Bank PLC
  29. 1994-12-06
    ➕
    LYNDS, Montague Randall appointed
    director
  30. 1994-12-06
    ➕
    TOWERS, Simon George Clifford appointed
    director
  31. 1994-12-06
    ➕
    RUNC, Carolyn Ann appointed
    secretary
  32. 1994-12-06
    ➖
    MK COMPANY SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  33. 1994-12-06
    ➕
    FIELD, Martin Victor appointed
    director
  34. 1994-12-06
    ➕
    RUNC, Carolyn Ann appointed
    director
  35. 1994-12-06
    ➖
    MK COMPANY DIRECTORS LIMITED resigned
    corporate-nominee-director
  36. 1994-12-06
    ➖
    MK COMPANY SECRETARIES LIMITED resigned
    corporate-nominee-director
  37. 1994-07-19
    🏢
    Company incorporated
    As ACKRACK PENCIL LIMITED
  38. 1994-07-19
    ➕
    MK COMPANY SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  39. 1994-07-19
    ➕
    MK COMPANY DIRECTORS LIMITED appointed
    corporate-nominee-director
  40. 1994-07-19
    ➕
    MK COMPANY SECRETARIES LIMITED appointed
    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 32 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.

Succession & seller-readiness

96/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 32 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mrs Jane Elizabeth Martin
Individual · British · DOB 12/1960 · age 66
25–50%
—25-50% shares06/04/2016
2 historic (ceased) PSCs
  • Mr Montague Randall Lyndsceased 22/07/2019· 25-50% shares
  • Mrs Jane Elizabeth Lyndsceased 19/07/2018· 25-50% 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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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
Incorporated1994-07-19
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

64 High Street
Yelvertoft
Northampton
NN6 6LQ
England

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-08-02
Last: 2025-07-19

Officers (4 active · 6 resigned)

LYNDS, Montague Randall→
secretary · appointed 1999-06-14
View their other companies + combined net worth →
Active
TOWERS, Simon George Clifford→
secretary · appointed 1999-09-27
View their other companies + combined net worth →
Active
LYNDS, Montague Randall→
director · ~77y · appointed 1994-12-06
View their other companies + combined net worth →
Active
TOWERS, Simon George Clifford→
director · ~69y · appointed 1994-12-06
View their other companies + combined net worth →
Active
RUNC, Carolyn Ann→
secretary · appointed 1994-12-06 · resigned 1999-06-10
Resigned
MK COMPANY SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 1994-07-19 · resigned 1994-12-06
Resigned
FIELD, Martin Victor→
director · ~70y · appointed 1994-12-06 · resigned 2003-02-19
Resigned
RUNC, Carolyn Ann→
director · ~79y · appointed 1994-12-06 · resigned 1999-06-10
Resigned
MK COMPANY DIRECTORS LIMITED→
corporate-nominee-director · appointed 1994-07-19 · resigned 1994-12-06
Resigned
MK COMPANY SECRETARIES LIMITED→
corporate-nominee-director · appointed 1994-07-19 · resigned 1994-12-06
Resigned

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

Mortgages & charges

5
Total charges
2
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
Legal mortgage1 property07/08/2003—
outstanding
HSBC
Hsbc Bank PLC
Debenture1 property29/04/2003—
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property30/06/199916/03/2016
satisfied
Lloyds Banking Group
Tsb Bank PLC
Mortgage debenture1 property07/02/199524/07/1999
satisfied
Lloyds Banking Group
Tsb Bank PLC
Legal charge1 property07/02/199524/07/1999
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (102 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-06-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-19
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-21
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-16