AM PACKAGING CORPORATION LIMITED
💤Zombieactive
07069141 · ltd · incorporated 2009-11-06
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 Nov 2025
Net worth
£417.3k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 17219
Sector: Manufacturing
Investor take
PursueActive trading company with a 62-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (70/100, director aged 62). 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 9.1y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
51 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 £417,261
Net assets shrinking
Down £65,837 YoY
Cash draining
Cash down 77% YoY
Cash YoY
-77%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£226
↓ 77% YoY
Net Worth
£417k
↓ 14% YoY
Current Assets
£1.3m
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-11-30 | 2024-11-30 |
|---|---|---|
| Total assets | £423.5k | £514.3k |
| Current assets | £1.27M | £1.26M |
| Cash | £226 | £996 |
| Debtors | £868.1k | £807.0k |
| Net assets | £417.3k | £483.1k |
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
2
filings
- • 1 mortgage
- • 1 confirmation-statement
Last 180 days
3
filings
- • 1 mortgage
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-04-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-24🔒Charge registered #3Lender: Mitsubishi Hc Capital UK PLC
- 2026-02-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-10-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 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 · PSC02
- 2025-02-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-04-12🔒Charge registered #2Lender: Time Invoice Finance Limited
- 2022-04-05📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-07-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-07-06🔓Charge satisfied #1
- 2021-06-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-07-13📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-05-25🔒Charge registered #1Lender: Bibby Financial Services LTD (As Security Trustee)
- 2009-11-06🏢Company incorporatedAs AM PACKAGING CORPORATION LIMITED
- 2009-11-06➕MANGAN, Alan Francis appointeddirector
Owner dependency
98/100
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 17 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +No director turnover: Company is 17 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
78/100
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 62. 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 17 years.
- secondaryStable-but-static management: Company is 17 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 Alan Mangan Individual · British · DOB 11/1964 · age 62 | 75–100% | — | 75-100% shares | 17/11/2025 |
2 historic (ceased) PSCs
- Asm Holdings 2023 Ltdceased 17/11/2025· 75-100% shares
- Mr Alan Francis Manganceased 30/11/2024· 75-100% shares
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
Active · Manufacturing · FY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A&S FABRICATION SERVICES LIMITED→ 10838212 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AFD FRENCH POLISHING LIMITED→ 15003700 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AGC CHEMICALS EUROPE, LTD.→ 03825057 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| AI REHAB LTD→ 11896710 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AJ DYNAMICS LIMITED→ 09499034 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ALLPLAY KINETICS LTD→ 14472174 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALPHA AVIONICS LTD→ 15732025 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALPSCOOL INDUSTRIES UK LIMITED→ 14742798 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| APEX ACCESS-ELECTRICAL SOLUTIONS LTD→ 10307899 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| APEX MOBILE LOCKSMITHS LTD→ 10781310 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| APJ HEALTH LTD→ 13454423 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AQUAHEAT (LYTHAM) LIMITED→ 10077373 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated2009-11-06
Jurisdictionengland-wales
Primary SIC17219 — SIC 17219
Registered office
Units 1-4 Britannia Court
Copse Road
Fleetwood
FY7 7FY
England
Filing status
Accounts
Next due: 2027-08-31
Last made up to: 2025-11-30
Confirmation statement
Next due: 2027-04-16
Last: 2026-04-02
Officers (1 active · 0 resigned)
MANGAN, Alan Francis→
Activedirector · ~62y · appointed 2009-11-06
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Mitsubishi Hc Capital UK Mitsubishi Hc Capital UK PLC | A registered charge | 1 property | 24/04/2026 | — | |
| outstanding | Time Invoice Finance Time Invoice Finance Limited | A registered charge | 2 properties | 12/04/2022 | — | |
| satisfied | Bibby Financial Services Bibby Financial Services LTD (As Security Trustee) | A registered charge | 4 properties | 25/05/2017 | 06/07/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (51 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-24
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-11-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-20
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 · PSC02
2025-02-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-19