ACTION PRODUCTS (BRISTOL) LIMITED

💤Zombieactive

06098917 · ltd · incorporated 2007-02-13

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

£21.4k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 20590

Sector: Manufacturing

Investor take

Pursue

Asset-holding vehicle with a 72-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 72). 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).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (1 active, 2 linked, 1 with DOB)

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

41 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £21,390

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£21k

↑ 25% YoY

Current Assets

£678

↓ 25% 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	£938	£17.1k
Current assets	£678	£904
Net assets	£21.4k	£17.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2025-11-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-01
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-01-15
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-11-13
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-11-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-11-28
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-02-17
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-11-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-02-28
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-12-16
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-10-01
➖
HENLEAZE SECRETARIES LIMITED resigned
corporate-secretary
2007-02-13
🏢
Company incorporated
As ACTION PRODUCTS (BRISTOL) LIMITED
2007-02-13
➕
MOGRIDGE, Ithiel appointed
director
2007-02-13
➕
HENLEAZE SECRETARIES LIMITED appointed
corporate-secretary

Owner dependency

100/100

Critical — business is the founder

The 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 19 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

98/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 19 years.
secondaryStable-but-static management: Company is 19 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
Mrs Ithiel Mogridge Individual · British · DOB 12/1954 · age 72	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.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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Similar companies

Active · Manufacturing · BS postcode area

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1 DELTA ENGINEERING EC LIMITED→ 02903909 · est 1994 · no financials extracted	—	—	—	—	32y	—	—
2601 CREATIVE PRINT LTD→ 08960428 · est 2014 · no financials extracted	—	—	—	—	12y	—	—
299 LIGHTING LIMITED→ 06927908 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
A. G. BRACEY LIMITED→ 01033626 · est 1971 · no financials extracted	—	—	—	—	54y	—	—
A.B.C. (ENAMELLING & FABRICATIONS) LIMITED→ 01291149 · est 1976 · no financials extracted	—	—	—	—	49y	—	—
ABANAKI (UK) LIMITED→ 03956717 · est 2000 · no financials extracted	—	—	—	—	26y	—	—
ACE CATERING EQUIPMENT LIMITED→ 08158157 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
ACE SYSTEMS LIMITED→ 01657471 · est 1982 · no financials extracted	—	—	—	—	43y	—	—
ACOUSTIC CARPENTRY AND BUILDING LTD→ 14193243 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
ACT CATERING LTD→ 16181428 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ACTICARE NEURO LTD→ 14991800 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ACTION PRODUCTS LIMITED→ 02791518 · est 1993 · no financials extracted	—	—	—	—	33y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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.

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Company details

Statusactive

Typeltd

Incorporated2007-02-13

Jurisdictionengland-wales

Primary SIC20590 — SIC 20590

Registered office

270 North Road

Yate

South Gloucestershire

BS37 7LQ

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2027-02-27

Last: 2026-02-13

Officers (1 active · 1 resigned)

MOGRIDGE, Ithiel→

director · ~72y · appointed 2007-02-13

View their other companies + combined net worth →

Active

HENLEAZE SECRETARIES LIMITED→

corporate-secretary · appointed 2007-02-13 · resigned 2009-10-01

Resigned

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