A & M PALLETS LIMITED
🌳Matureactive
04244082 · ltd · incorporated 2001-07-02
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 14.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£1.19M
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
PursueActive trading company with a 79-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 79). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · oldest 14.7y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 14.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
74 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 102Positive net assets
Net assets £1,194,305
Net assets shrinking
Down £164,866 YoY
Cash YoY
-14%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£233k
↓ 14% YoY
Net Worth
£1.2m
↓ 12% YoY
Current Assets
£1.2m
↑ 8.6% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £1.28M | £1.45M |
| Current assets | £1.16M | £1.07M |
| Cash | £232.9k | £269.9k |
| Debtors | £783.2k | £496.5k |
| Net assets | £1.19M | £1.36M |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2026-04-10📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-03-03📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-02-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-02-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-02-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-03-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-03-09🔓Charge satisfied #2
- 2024-03-06📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-03-06📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-06-30📄second-filing-notification-of-a-person-with-significant-controlpersons-with-significant-control · RP04PSC01
- 2021-10-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-03-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-03-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-01-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-01-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-01-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-11-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-03-13📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-04-06➕CARDONA, Andrew Conrad appointeddirector
- 2013-08-27🔒Charge registered #2Lender: Hsbc Bank PLC
- 2011-09-23🔒Charge registered #1Lender: Hsbc Bank PLC
- 2006-07-31➖CARDONA, Andrew Conrad resigneddirector
- 2001-07-12➕CARDONA, Anthony Patrick appointeddirector
- 2001-07-02🏢Company incorporatedAs A & M PALLETS LIMITED
- 2001-07-02➕CARDONA, Margaret Rosemary appointedsecretary
- 2001-07-02➕CARDONA, Margaret Rosemary appointeddirector
- 2001-07-02➕FIRST SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2001-07-02➖FIRST SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2001-07-02➕CARDONA, Andrew Conrad appointeddirector
- 2001-07-02➕FIRST DIRECTORS LIMITED appointedcorporate-nominee-director
- 2001-07-02➖FIRST DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
83/100
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
- +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 79 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 25 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 Andrew Conrad Cardona Individual · British · DOB 05/1967 · age 59 | 75–100% | — | 75-100% shares | 15/01/2025 |
3 historic (ceased) PSCs
- Mr Andrew Conrad Cardonaceased 01/03/2021· board control
- Margaret Rosemary Cardonaceased 15/01/2025· 25-50% shares · 25-50% voting · board control
- Mr Anthony Patrick Cardonaceased 15/01/2025· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| ADTEC SYSTEMS LIMITED→ 04571117 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
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| ALLIED PRECISION TOOLING LIMITED→ 08642648 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ALTITUDE ROOFS LIMITED→ 12706762 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AMBLE POWER LIMITED→ 08842785 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| AMS PLANT & AGRI LTD→ 16349694 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ANODE EYE LIMITED→ 06541326 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| ANTARCTIC DEVELOPER & PUBLISHER LTD→ 14261864 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2001-07-02
Jurisdictionengland-wales
Primary SIC32990 — Other manufacturing n.e.c.
Registered office
Unit 1 Northcott Hamlets
Boyton
Launceston
Cornwall
PL15 9RQ
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-16
Last: 2025-07-02
Officers (4 active · 3 resigned)
CARDONA, Margaret Rosemary→
Activesecretary · appointed 2001-07-02
View their other companies + combined net worth →
CARDONA, Andrew Conrad→
Activedirector · ~59y · appointed 2018-04-06
View their other companies + combined net worth →
CARDONA, Anthony Patrick→
Activedirector · ~79y · appointed 2001-07-12
View their other companies + combined net worth →
CARDONA, Margaret Rosemary→
Activedirector · ~78y · appointed 2001-07-02
View their other companies + combined net worth →
FIRST SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2001-07-02 · resigned 2001-07-02
CARDONA, Andrew Conrad→
Resigneddirector · ~59y · appointed 2001-07-02 · resigned 2006-07-31
FIRST DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2001-07-02 · resigned 2001-07-02
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 27/08/2013 | 09/03/2024 | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 23/09/2011 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (74 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-04-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-04
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-25
second-filing-notification-of-a-person-with-significant-control
persons-with-significant-control · RP04PSC01
2022-06-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-05