ANDREWS AND PLATT LIMITED
💤Zombieactive
03683199 · ltd · incorporated 1998-12-14
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 Dec 2024
Net worth
£79.5k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 28220
Sector: Manufacturing
Investor take
PursueActive trading company with a 68-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 68). 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 27.4y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 27.4 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
84 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 · FRS 105 (micro)Positive net assets
Net assets £79,482
Net assets shrinking
Down £50,892 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£79k
↓ 39% YoY
Current Assets
£144k
↓ 16% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £79.5k | £130.4k |
| Current assets | £144.5k | £172.2k |
| Net assets | £79.5k | £130.4k |
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
2
filings
- • 1 address
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2025-12-23📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2025-07-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-09-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-01-14📄capital-cancellation-sharescapital · SH06
- 2020-01-13📄capital-return-purchase-own-sharescapital · SH03
- 2019-09-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-03-06📄capital-return-purchase-own-sharescapital · SH03
- 2019-01-11📄capital-cancellation-sharescapital · SH06
- 2018-07-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-05-18📄capital-cancellation-sharescapital · SH06
- 2018-05-18📄capital-return-purchase-own-sharescapital · SH03
- 2017-08-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2015-05-13➕SCARTH, Ian David appointedsecretary
- 2015-05-13➖FALLON, Kelvin Stanley resignedsecretary
- 2015-05-13➖FALLON, Kelvin Stanley resigneddirector
- 2005-04-05➕SCARTH, Ian David appointeddirector
- 2005-04-05➖SURR, Eric Thornton resigneddirector
- 1999-01-20🔒Charge registered #1Lender: Midland Bank PLC
- 1998-12-14🏢Company incorporatedAs ANDREWS AND PLATT LIMITED
- 1998-12-14➕FALLON, Kelvin Stanley appointedsecretary
- 1998-12-14➕FALLON, Kelvin Stanley appointeddirector
- 1998-12-14➕SURR, Eric Thornton appointeddirector
Owner dependency
100/100
Critical — business is the founderThe 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 21 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
95/100
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 68. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 27 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
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ian David Scarth Individual · British · DOB 03/1958 · age 68 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| A W BELTING SERVICES LIMITED→ 15263166 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A.W. HAINSWORTH HOLDINGS LIMITED→ 06552921 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| A.W.HAINSWORTH & SONS LIMITED→ 00180630 · est 1922 · no financials extracted | — | — | — | — | 104y | — | — |
| APOLLO LIGHTING LIMITED→ 01518386 · est 1980 · no financials extracted | — | — | — | — | 45y | — | — |
| AQUALITHIUM INTERNATIONAL LTD→ 06679897 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ARK DISPLAYS LTD→ 16559619 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARMSTRONG SIDDELEY LIMITED→ 13066260 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ARNAI UK LTD→ 15048050 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARTHUR ROSTRON & SONS LIMITED→ 00601849 · est 1958 · no financials extracted | — | — | — | — | 68y | — | — |
| ARTUR RODAK LTD→ 15258815 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARVILLE BELTING LIMITED→ 00347271 · est 1938 · no financials extracted | — | — | — | — | 87y | — | — |
| ARVILLE COATING LIMITED→ 15543647 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1998-12-14
Jurisdictionengland-wales
Primary SIC28220 — SIC 28220
Registered office
Unit 6 10 Pepper Road
Leeds
West Yorkshire
LS10 2EU
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-28
Last: 2025-12-14
Officers (2 active · 3 resigned)
Active
SCARTH, Ian David→
Activedirector · ~68y · appointed 2005-04-05
View their other companies + combined net worth →
FALLON, Kelvin Stanley→
Resignedsecretary · appointed 1998-12-14 · resigned 2015-05-13
FALLON, Kelvin Stanley→
Resigneddirector · ~76y · appointed 1998-12-14 · resigned 2015-05-13
SURR, Eric Thornton→
Resigneddirector · ~82y · appointed 1998-12-14 · resigned 2005-04-05
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Midland Bank Midland Bank PLC | Debenture | 1 property | 20/01/1999 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (84 total)
change-sail-address-company-with-old-address-new-address
address · AD02
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-17
confirmation-statement-with-updates
confirmation-statement · CS01
2020-12-14
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-21
capital-cancellation-shares
capital · SH06
2020-01-14
capital-return-purchase-own-shares
capital · SH03
2020-01-13