APPLETON AND ROWLINSON LIMITED

💤Zombieactive

05437674 · ltd · incorporated 2005-04-27

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 Apr 2025

Net worth

£-24.1k

book net assets

Opportunity

74/100

Strong

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What this business does

Primary activity: Manufacture of other builders' carpentry and joinery

Sector: Manufacturing

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -80% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (76/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

6 officers (1 active, 6 linked, 3 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

63 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

74/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £24,057

Net assets shrinking

Down £32,214 YoY

Cash draining

Cash down 80% YoY

Cash YoY

-80%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£2k

↓ 80% YoY

Net Worth

-£24k

↓ 395% YoY

Current Assets

£6k

↓ 58% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-04-30	2024-04-30
Total assets	£-22.6k	£10.9k
Current assets	£6.0k	£14.2k
Cash	£1.6k	£8.2k
Debtors	£4.4k	£5.0k
Net assets	£-24.1k	£8.2k

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

filing

• 1 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (27 events)Click to expand

2025-08-12
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-12
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-08-01
➖
APPLETON, Paul Robert resigned
director
2025-07-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-26
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-02-19
📄
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2019-01-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-01-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-02-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2017-01-31
➖
ROWLINSON, Anthony resigned
secretary
2017-01-31
➖
ROWLINSON, Anthony resigned
director
2016-05-06
➕
RISING, Terry appointed
director
2005-04-27
🏢
Company incorporated
As APPLETON AND ROWLINSON LIMITED
2005-04-27
➕
ROWLINSON, Anthony appointed
secretary
2005-04-27
➕
QA REGISTRARS LIMITED appointed
corporate-nominee-secretary
2005-04-27
➖
QA REGISTRARS LIMITED resigned
corporate-nominee-secretary
2005-04-27
➕
APPLETON, Paul Robert appointed
director
2005-04-27
➕
ROWLINSON, Anthony appointed
director
2005-04-27
➕
QA NOMINEES LIMITED appointed
corporate-nominee-director
2005-04-27
➖
QA NOMINEES LIMITED resigned
corporate-nominee-director

Owner dependency

75/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

60/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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

clean

No 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 Terry Rising Individual · British · DOB 08/1981 · age 45	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/05/2016

1 historic (ceased) PSC

Mr Paul Robert Appletonceased 01/08/2025· 25-50% shares · 25-50% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Manufacturing · BR postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
AILOYED LTD→ 15912341 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ALDOUS AND STAMP (SERVICES) LIMITED→ 00902565 · est 1967 · no financials extracted	—	—	—	—	59y	—	—
ALEX VALVE&CONTROL LTD→ 16432622 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ALL4HEALTH LAB(UK) LTD→ 12520456 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
AMANHA GLOBAL CO., LTD→ 15646091 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
AMRYIS LIMITED→ 14606508 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
ANDELIVER BIOTECH LIMITED→ 16812228 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AOB LONDON LIMITED→ 12574681 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
AQUA-CLIM CONTRACT SERVICES LIMITED→ 05563143 · est 2005 · no financials extracted	—	—	—	—	20y	—	—
AQUATICSEN LIMITED→ 15859586 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ARIO WORLDWIDE LIMITED→ 17019306 · est 2026 · no financials extracted	—	—	—	—	—	—	—
ARTINANO CARE LIMITED→ 16400455 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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

Incorporated2005-04-27

Jurisdictionengland-wales

Primary SIC16230 — Manufacture of other builders' carpentry and joinery

Registered office

409-411 Croydon Road

Beckenham

BR3 3PP

England

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2027-06-15

Last: 2026-06-01

Officers (1 active · 5 resigned)

RISING, Terry→

director · ~45y · appointed 2016-05-06

View their other companies + combined net worth →

Active

ROWLINSON, Anthony→

secretary · appointed 2005-04-27 · resigned 2017-01-31

Resigned

QA REGISTRARS LIMITED→

corporate-nominee-secretary · appointed 2005-04-27 · resigned 2005-04-27

Resigned

APPLETON, Paul Robert→

director · ~68y · appointed 2005-04-27 · resigned 2025-08-01

Resigned

ROWLINSON, Anthony→

director · ~75y · appointed 2005-04-27 · resigned 2017-01-31

Resigned

QA NOMINEES LIMITED→

corporate-nominee-director · appointed 2005-04-27 · resigned 2005-04-27

Resigned

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

Recent filings (63 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-06-18

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2025-08-12

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2025-08-12

termination-director-company-with-name-termination-date

officers · TM01

2025-08-12