IMPACT POLYMERS LIMITED
💤Zombieactive
04669323 · ltd · incorporated 2003-02-18
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 Feb 2025
Net worth
£26.5k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 38320
Sector: Water supply & waste
Investor take
PursueActive trading company with a 61-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 10.2y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 10.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
65 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 · accounting standard not declaredPositive net assets
Net assets £26,482
Net assets shrinking
Down £31,496 YoY
Cash YoY
-3%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£66k
↓ 3.2% YoY
Net Worth
£26k
↓ 54% YoY
Current Assets
£161k
↓ 28% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £63.4k | £149.7k |
| Current assets | £161.1k | £223.5k |
| Cash | £66.5k | £68.7k |
| Debtors | £44.6k | £119.9k |
| Net assets | £26.5k | £58.0k |
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 (24 events)Click to expand
- 2025-06-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-14📄change-person-secretary-company-with-change-dateofficers · CH03
- 2018-11-14📄change-person-director-company-with-change-dateofficers · CH01
- 2018-11-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-11-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-04-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-02-21📄change-person-secretary-company-with-change-dateofficers · CH03
- 2018-02-19📄capital-allotment-sharescapital · SH01
- 2018-02-19📄capital-allotment-sharescapital · SH01
- 2018-02-13📄capital-name-of-class-of-sharescapital · SH08
- 2016-05-03🔒Charge registered #1Lender: National Westminster Bank PLC
- 2003-02-18🏢Company incorporatedAs IMPACT POLYMERS LIMITED
- 2003-02-18➕HERNON, Deborah appointedsecretary
- 2003-02-18➕HERNON, Peter appointeddirector
- 2003-02-18➕TEMPLE SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2003-02-18➖TEMPLE SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2003-02-18➕COMPANY DIRECTORS LIMITED appointedcorporate-nominee-director
- 2003-02-18➖COMPANY DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
93/100
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 23 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Peter Hernon Individual · British · DOB 03/1965 · age 61 | — | — | sig. influencesignificant influence | 06/04/2016 |
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 →Similar companies
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| ARIES EXPORT LTD→ 16213513 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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| GOLDBROOKE RECYCLING LTD→ 16179439 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| HEYS GAS LTD→ 13631759 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| J.P. WASTE MANAGEMENT & RECYCLING LTD→ 11984184 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| JAPS AUTO SPARES OLDHAM LTD→ 09668108 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| JOHN'S CLEARANCES LTD→ 14050922 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| LCC NW LTD→ 13437275 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LINKUP MCR LTD→ 15339092 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LOVEABLE ROGUE SALVAGE LTD→ 11022812 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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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
Incorporated2003-02-18
Jurisdictionengland-wales
Primary SIC38320 — SIC 38320
Registered office
Greensnook House
Todmorden Road
Bacup
Lancashire
OL13 9DX
England
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-04
Last: 2026-02-18
Officers (2 active · 2 resigned)
Active
HERNON, Peter→
Activedirector · ~61y · appointed 2003-02-18
View their other companies + combined net worth →
TEMPLE SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-02-18 · resigned 2003-02-18
COMPANY DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2003-02-18 · resigned 2003-02-18
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 | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 03/05/2016 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (65 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-02-20