MULTI PACKAGING SOLUTIONS ACQUISITIONS 1 LIMITED

🌳Matureactive
03699714 · ltd · incorporated 1999-01-18
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
not disclosed
Net worth
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 66/100 (strong), bankability 77/100. Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (38/100).

🏦

Refinance opportunity

16 live charges · 9 lenders · oldest 26.3y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 26.3 years old — likely at or near maturity.
  • · 9 lenders named — inter-creditor friction likely.
  • · Legal-friction score 53/100 (high).

Data confidence

Overall: medium (61/100)

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
No iXBRL financials extracted
0
Lenders & charges
16 charges (16/16 with lender, 16/16 with type)
90
Directors & officers
27 officers (2 active, 27 linked, 19 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
195 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 2 officers
Last 180 days
4
filings
  • 2 officers
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (105 events)Click to expand
  1. 2026-04-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2026-04-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-04-17
    HOWLETT, Robert appointed
    director
  4. 2026-04-17
    DRENNAN, Jonathan resigned
    director
  5. 2025-12-20
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2025-04-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-04-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-04-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-04-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2025-04-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2025-03-27
    CULLEN, Emma appointed
    director
  12. 2025-03-27
    DARRINGTON, Andrew resigned
    director
  13. 2025-03-27
    DRENNAN, Jonathan appointed
    director
  14. 2025-03-27
    NICKERSON, Steven Billings resigned
    director
  15. 2025-03-27
    WILKINSON, Neil resigned
    director
  16. 2024-10-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2024-08-07
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  18. 2024-06-06
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  19. 2024-06-06
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2024-06-06
    📄
    legacy
    capital · SH20
  21. 2024-06-06
    ⚠️
    legacy
    insolvency · CAP-SS
  22. 2023-09-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  23. 2023-09-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  24. 2023-05-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  25. 2022-07-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  26. 2021-11-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  27. 2021-11-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  28. 2021-11-03
    MAXWELL, Kevin Alden resigned
    director
  29. 2021-11-03
    NICKERSON, Steven Billings appointed
    director
  30. 2021-08-24
    WENHAM, Mark John resigned
    director
  31. 2019-11-28
    PRIESTLEY, Mark Richard resigned
    secretary
  32. 2019-11-28
    ABLE, Christina Marie resigned
    director
  33. 2019-11-28
    PRIESTLEY, Mark Richard resigned
    director
  34. 2019-11-28
    WENHAM, Mark John appointed
    director
  35. 2019-11-28
    WILKINSON, Neil appointed
    director
  36. 2018-11-12
    WHITFIELD, Timothy David resigned
    director
  37. 2018-10-30
    ABLE, Christina Marie appointed
    director
  38. 2018-10-30
    MAXWELL, Kevin Alden appointed
    director
  39. 2017-09-06
    SMITH, Ricki Brent resigned
    director
  40. 2017-06-20
    🔓
    Charge satisfied #18
  41. 2017-06-20
    🔓
    Charge satisfied #17
  42. 2017-06-20
    🔓
    Charge satisfied #16
  43. 2017-06-20
    🔓
    Charge satisfied #15
  44. 2017-06-20
    🔓
    Charge satisfied #14
  45. 2017-02-10
    DARRINGTON, Andrew appointed
    director
  46. 2017-02-10
    PRIESTLEY, Mark Richard appointed
    director
  47. 2017-02-10
    REGNIERS, Yves resigned
    director
  48. 2017-02-10
    WHITFIELD, Timothy David appointed
    director
  49. 2017-01-04
    🔒
    Charge registered #18
    Lender: Barclays Bank PLC as Security Trustee for Itself and the Other Secured Parties
  50. 2015-02-03
    🔒
    Charge registered #17
    Lender: Barclays Bank PLC as Collateral Agent for Itself and Certain Other Secured Parties
Showing most recent 50 of 105 events

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high · 1 med ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2024-06-06: legacy

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.

Group structure

Multi Packaging Solutions Acquisitions 2 Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Multi Packaging Solutions Acquisitions 2 Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
MULTI PACKAGING SOLUTIONS ACQUISITIONS 1 LIMITED
This company · 03699714

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Multi Packaging Solutions Acquisitions 2 Limited
Corporate entity
75100%
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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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
Incorporated1999-01-18
Jurisdictionengland-wales
Primary SIC70100 — Activities of head offices

Registered office

Westrock Millennium Way West
Phoenix Centre
Nottingham
NG8 6AW
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-16
Last: 2026-02-02

Officers (2 active · 25 resigned)

CULLEN, Emma
director · ~55y · appointed 2025-03-27
View their other companies + combined net worth →
Active
HOWLETT, Robert
director · ~52y · appointed 2026-04-17
View their other companies + combined net worth →
Active
CAUSEY JR, John
secretary · appointed 1999-01-18 · resigned 1999-04-21
Resigned
FITZPATRICK, Deborah Jane
secretary · appointed 1999-04-21 · resigned 1999-08-26
Resigned
KUDO, Machiko
secretary · appointed 2007-08-31 · resigned 2008-03-18
Resigned
PRIESTLEY, Mark Richard
secretary · appointed 2008-03-18 · resigned 2019-11-28
Resigned
SCULLY, Richard Andrew
secretary · appointed 1999-08-26 · resigned 2007-08-31
Resigned
LONDON LAW SECRETARIAL LIMITED
corporate-nominee-secretary · appointed 1999-01-18 · resigned 1999-01-18
Resigned
ABLE, Christina Marie
director · ~53y · appointed 2018-10-30 · resigned 2019-11-28
Resigned
CAUSEY JR, John
director · ~83y · appointed 1999-01-18 · resigned 2009-04-30
Resigned
DARRINGTON, Andrew
director · ~49y · appointed 2017-02-10 · resigned 2025-03-27
Resigned
DRENNAN, Jonathan
director · ~48y · appointed 2025-03-27 · resigned 2026-04-17
Resigned
FALLER, Guy Nicholas Anthony
director · ~68y · appointed 2009-05-07 · resigned 2011-03-28
Resigned
JOHNSON, Thomas
director · ~77y · appointed 1999-01-18 · resigned 2005-11-10
Resigned
KERINS, Gerard Joseph
director · ~79y · appointed 2009-04-30 · resigned 2011-07-01
Resigned
KOHUT, Andrew J
director · ~68y · appointed 1999-01-18 · resigned 2009-04-30
Resigned
MAXWELL, Kevin Alden
director · ~51y · appointed 2018-10-30 · resigned 2021-11-03
Resigned
NICKERSON, Steven Billings
director · ~62y · appointed 2021-11-03 · resigned 2025-03-27
Resigned
PRIESTLEY, Mark Richard
director · ~62y · appointed 2017-02-10 · resigned 2019-11-28
Resigned
REGNIERS, Yves
director · ~48y · appointed 2011-03-28 · resigned 2017-02-10
Resigned

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

Mortgages & charges

16
Total charges
0
Outstanding
0
Active lenders
Status:Lender:16 of 16 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC as Security Trustee for Itself and the Other Secured Parties
A registered charge04/01/201720/06/2017
satisfied
Barclays
Barclays Bank PLC as Collateral Agent for Itself and Certain Other Secured Parties
A registered charge03/02/201520/06/2017
satisfied
Barclays
Barclays Bank PLC as Security Trustee for Itself and the Other Secured Parties
A registered charge16/05/201420/06/2017
satisfied
Barclays
Barclays Bank PLC as Security Trustee for Itself and the Other Secured Parties
A registered charge1 property14/02/201420/06/2017
satisfied
Barclays
Barclays Bank PLC as Security Trustee for Itself and the Other Secured Parties
A registered charge1 property16/12/201320/06/2017
satisfied
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited as Security Trustee
Legal charge over shares2 properties05/10/201017/10/2013
satisfied
Chesapeake Holdings Bv (The "Security Agent")
Debenture1 property29/05/200914/10/2010
satisfied
Chesapeake Holdings Bv (The "Security Agent")
Debenture1 property29/05/200914/10/2010
satisfied
Wachovia Bank, National Association
Debenture1 property30/12/200823/09/2009
satisfied
Wachovia Bank National Association as Administrative Agent
Debenture1 property30/12/200823/09/2009
satisfied
Wachovia Bank National Association
Debenture1 property19/05/200823/09/2009
satisfied
Wachovia Bank National Association as Administrative Agent
Debenture1 property19/05/200823/09/2009
satisfied
Wachovia Bank, National Association
A deed of charge and memorandum of deposit1 property23/02/200423/09/2009
satisfied
Wachovia Bank , National Association
A deed of charge and memorandum of deposit1 property23/02/200423/09/2009
satisfied
First Union National Bank
A deed of charge and memorandum of deposit made between the company,chesapeake UK acquisitions ii PLC,chesapeake UK holdings limited and first union national bank in its capacity as administrative agent for the lenders5 properties15/06/200009/03/2004
satisfied
First Union National Bank
A deed of charge and memorandum of deposit made between the company and first union national bank, in its capacity as administrative agent for the lenders (as defined)4 properties23/02/200009/03/2004

Recent filings (195 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-04-20
termination-director-company-with-name-termination-date
officers · TM01
2026-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-03
accounts-with-accounts-type-full
accounts · AA
2025-12-20
appoint-person-director-company-with-name-date
officers · AP01
2025-04-02
appoint-person-director-company-with-name-date
officers · AP01
2025-04-02
termination-director-company-with-name-termination-date
officers · TM01
2025-04-02
termination-director-company-with-name-termination-date
officers · TM01
2025-04-02
termination-director-company-with-name-termination-date
officers · TM01
2025-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-11
accounts-with-accounts-type-full
accounts · AA
2024-10-11
change-account-reference-date-company-current-extended
accounts · AA01
2024-08-07
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-06-06
resolution
resolution · RESOLUTIONS
2024-06-06
legacy
capital · SH20
2024-06-06