MARDLE PRODUCTS LIMITED

💤Zombieactive
03512253 · ltd · incorporated 1998-02-17
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 Aug 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 63-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 63). 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

1 live charge · oldest 19.5y

45/100
under pressure

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

  • · Oldest live charge is 19.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
87 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.

Key financials

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

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-31

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-04-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-04-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-05-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-04-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-05-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-03-27
    📄
    accounts-amended-with-accounts-type-dormant
    accounts · AAMD
  10. 2018-03-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2017-07-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2017-06-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2016-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-03-11
    📄
    mortgage-charge-whole-release-with-charge-number
    mortgage · MR05
  15. 2016-02-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2011-03-14
    ➕
    JOY, Pathummas appointed
    director
  17. 2011-03-14
    ➖
    BOWERBANK, Nigel George resigned
    director
  18. 2006-12-13
    🔒
    Charge registered #1
    Lender: Nigel George Bowerbank
  19. 2006-08-08
    ➖
    BOWERBANK, Roger Steven resigned
    director
  20. 2006-08-07
    ➕
    BOWERBANK, Nigel George appointed
    director
  21. 2002-12-19
    ➖
    BOWERBANK, Nigel George resigned
    director
  22. 2002-12-19
    ➕
    BOWERBANK, Roger Steven appointed
    director
  23. 1998-02-17
    🏢
    Company incorporated
    As MARDLE PRODUCTS LIMITED
  24. 1998-02-17
    ➕
    PIERPOINT, Alan appointed
    secretary
  25. 1998-02-17
    ➕
    SWIFT INCORPORATIONS LIMITED appointed
    corporate-nominee-secretary
  26. 1998-02-17
    ➖
    SWIFT INCORPORATIONS LIMITED resigned
    corporate-nominee-secretary
  27. 1998-02-17
    ➕
    BOWERBANK, Nigel George appointed
    director

Owner dependency

93/100
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.
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

88/100
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 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 28 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
Ms Pathummas Joy
Individual · British · DOB 04/1963 · age 63
75–100%
75–100%board control75-100% shares · 75-100% 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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16730337 · est 2025 · no financials extracted
———————
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A.C.T. DISTRIBUTION LIMITED→
06832661 · est 2009 · no financials extracted
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A.G. AXTON & SONS (WHOLESALE) LIMITED→
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A&A ORGANISATION LIMITED→
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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
Incorporated1998-02-17
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade

Registered office

4 Chase Gardens
Waltham Chase
Southampton
SO32 2ES
England

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-03-03
Last: 2026-02-17

Officers (2 active · 4 resigned)

PIERPOINT, Alan→
secretary · appointed 1998-02-17
View their other companies + combined net worth →
Active
JOY, Pathummas→
director · ~63y · appointed 2011-03-14
View their other companies + combined net worth →
Active
SWIFT INCORPORATIONS LIMITED→
corporate-nominee-secretary · appointed 1998-02-17 · resigned 1998-02-17
Resigned
BOWERBANK, Nigel George→
director · ~75y · appointed 2006-08-07 · resigned 2011-03-14
Resigned
BOWERBANK, Nigel George→
director · ~75y · appointed 1998-02-17 · resigned 2002-12-19
Resigned
BOWERBANK, Roger Steven→
director · ~50y · appointed 2002-12-19 · resigned 2006-08-08
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Nigel George Bowerbank
Debenture1 property13/12/2006—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (87 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-19
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-17
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-17
accounts-with-accounts-type-micro-entity
accounts · AA
2019-03-27