APB PLASTICS LIMITED

🌳Matureactive
03527783 · ltd · incorporated 1998-03-16
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 25.0y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: SIC 22290
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 62-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 25.0y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 25.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (76/100)

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
8 officers (3 active, 8 linked, 2 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
75 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
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£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-10-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-06-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2023-06-14
    🔓
    Charge satisfied #1
  6. 2022-09-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-10-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-03-08
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  9. 2021-01-01
    BATESON, Barbara Louise appointed
    secretary
  10. 2020-11-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2020-11-06
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  12. 2020-11-01
    PADGETT, Adam Michael appointed
    director
  13. 2020-11-01
    BATESON, Faye resigned
    secretary
  14. 2020-10-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-09-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-11-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2017-10-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2016-12-20
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  19. 2016-12-20
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  20. 2016-12-01
    BATESON, Faye appointed
    secretary
  21. 2016-12-01
    WHITTAKER, Mark Edward resigned
    secretary
  22. 2009-04-08
    BATESON, Patricia Marylyn resigned
    secretary
  23. 2009-04-08
    WHITTAKER, Mark Edward appointed
    secretary
  24. 2001-07-31
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Bank PLC
  25. 1998-03-16
    🏢
    Company incorporated
    As APB PLASTICS LIMITED
  26. 1998-03-16
    BATESON, Andrew Peter appointed
    director
  27. 1998-03-16
    BATESON, Patricia Marylyn appointed
    secretary
  28. 1998-03-16
    TEMPLE SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  29. 1998-03-16
    TEMPLE SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  30. 1998-03-16
    COMPANY DIRECTORS LIMITED appointed
    corporate-nominee-director
  31. 1998-03-16
    COMPANY DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

76/100
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.
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

76/100
Likely off-market candidate

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

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.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • 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
Mr Andrew Peter Bateson
Individual · British · DOB 04/1964 · age 62
75100%
75-100% shares16/03/2017

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

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
Incorporated1998-03-16
Jurisdictionengland-wales
Primary SIC22290 — SIC 22290

Registered office

Station Road Works
Haslingden
Rossendale
Lancashire
BB4 5HX

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-03-22
Last: 2026-03-08

Officers (3 active · 5 resigned)

BATESON, Barbara Louise
secretary · appointed 2021-01-01
View their other companies + combined net worth →
Active
BATESON, Andrew Peter
director · ~62y · appointed 1998-03-16
View their other companies + combined net worth →
Active
PADGETT, Adam Michael
director · ~37y · appointed 2020-11-01
View their other companies + combined net worth →
Active
BATESON, Faye
secretary · appointed 2016-12-01 · resigned 2020-11-01
Resigned
BATESON, Patricia Marylyn
secretary · appointed 1998-03-16 · resigned 2009-04-08
Resigned
WHITTAKER, Mark Edward
secretary · appointed 2009-04-08 · resigned 2016-12-01
Resigned
TEMPLE SECRETARIES LIMITED
corporate-nominee-secretary · appointed 1998-03-16 · resigned 1998-03-16
Resigned
COMPANY DIRECTORS LIMITED
corporate-nominee-director · appointed 1998-03-16 · resigned 1998-03-16
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Mortgage deed2 properties31/07/200114/06/2023

Recent filings (75 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-26
mortgage-satisfy-charge-full
mortgage · MR04
2023-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-24
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-08
appoint-person-secretary-company-with-name-date
officers · AP03
2021-03-08
appoint-person-director-company-with-name-date
officers · AP01
2020-11-06
termination-secretary-company-with-name-termination-date
officers · TM02
2020-11-06