BARKSTON PLASTICS (NEWCASTLE) LIMITED
Opportunity 77/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 13.2y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 13.2 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (58/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 confirmation-statement
- • 1 officers
- • 1 confirmation-statement
- • 1 officers
Corporate timeline (25 events)Click to expand
- 2026-04-29📄replacement-filing-of-director-appointment-with-nameofficers · RP01AP01
- 2025-08-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-02-05➖KIERNAN, Timothy P resigneddirector
- 2020-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-04📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-09-05📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-05-04📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-03-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2016-03-18🔓Charge satisfied #1
- 2015-10-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2015-10-23🔒Charge registered #3Lender: Aldermore Bank PLC
- 2015-10-20🔓Charge satisfied #2
- 2015-03-25🔒Charge registered #2Lender: Panacea Investments Number 2 Limited
- 2013-05-09➕CARTER, Mark Richard appointeddirector
- 2013-03-25🔒Charge registered #1Lender: Abn Amro Commercial Finance PLC
- 2005-04-15🏢Company incorporatedAs BARKSTON PLASTICS (NEWCASTLE) LIMITED
- 2005-04-15➕DUXBURY, Jennifer Claire appointedsecretary
- 2005-04-15➕KIERNAN, Timothy P appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 13 years.
- secondaryStable-but-static management: Company is 21 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
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Lar Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Lar Holdings Ltd Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (2 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | — | 23/10/2015 | — | |
| satisfied | Panacea Investments Number 2 Panacea Investments Number 2 Limited | A registered charge | — | 25/03/2015 | 20/10/2015 | |
| satisfied | Abn Amro Commercial Finance Abn Amro Commercial Finance PLC | All assets debenture | 1 property | 25/03/2013 | 18/03/2016 |