MP PALLETS LIMITED
Opportunity 57/100 (worth a look), bankability 37/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.
Refinance opportunity
3 live charges · 3 lenders · oldest 13.7y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 13.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · 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.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2022-07-31 | 2021-07-31 |
|---|---|---|
| Total assets | £-53.0k | £-59.8k |
| Current assets | £21.9k | £19.6k |
| Net assets | £-80.9k | £-97.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (28 events)Click to expand
- 2024-07-16📄dissolution-voluntary-strike-off-suspendeddissolution · SOAS(A)
- 2024-06-25📄gazette-notice-voluntarygazette · GAZ1(A)
- 2024-06-12📄dissolution-application-strike-off-companydissolution · DS01
- 2023-04-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-10-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-01➖MARSDEN, Helen Michelle resigneddirector
- 2021-09-15➕MARSDEN, Helen Michelle appointeddirector
- 2021-09-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-09-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-01-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-01-11🔒Charge registered #3Lender: Hitachi Capital (UK) PLC
- 2018-11-07📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-11-07🔓Charge satisfied #2
- 2018-04-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-04-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-06-13🔒Charge registered #2Lender: National Westminster Bank PLC
- 2013-01-04➖TYSON, Mark resigneddirector
- 2012-09-21🔒Charge registered #1Lender: Rbs Invoice Finance Limited
- 2011-05-27🏢Company incorporatedAs MP PALLETS LIMITED
- 2011-05-27➕WILLIAMSON, Paul appointeddirector
- 2011-05-27➕ALDBURY SECRETARIES LIMITED appointedcorporate-secretary
- 2011-05-27➖ALDBURY SECRETARIES LIMITED resignedcorporate-secretary
- 2011-05-27➕TYSON, Mark appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 15 years.
Red flags
2 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2024-04-30
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2024-10-22
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Paul Williamson Individual · British · DOB 12/1977 · age 49 | 75–100% | — | 75-100% shares | 06/04/2016 |
1 historic (ceased) PSC
- Ms Helen Michelle Marsdenceased 01/10/2021· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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10 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 (1 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Hitachi Capital (UK) Hitachi Capital (UK) PLC | A registered charge | 1 property | 11/01/2019 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 13/06/2014 | 07/11/2018 | |
| outstanding | NatWest Group Rbs Invoice Finance Limited | All assets debenture | 1 property | 21/09/2012 | — |