A P SOURCING LIMITED

🌳Matureactive
07891269 · ltd · incorporated 2011-12-23
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£6
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Agents specialised in the sale of other particular products
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 67-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (80/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £6
Net assets shrinking
Down £223 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£6
↓ 97% YoY
Current Assets
£26k
↓ 14% YoY
Current Liabilities
£0£6k£12k£18k£24k£30kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£5.1k£10.4k
Current assets£25.9k£30.1k
Net assets£6£229

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
1
filing
  • 1 officers
Last 180 days
3
filings
  • 2 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-03-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-03-16
    DEARING, Peter resigned
    director
  3. 2026-02-24
    📄
    replacement-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP01CS01
  4. 2025-05-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2025-02-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-02-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-02-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2025-02-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2025-02-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2024-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-04-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-05-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-05-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-06-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-09-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-09-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2017-09-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2013-09-04
    DEARING, Alexandra Jayne appointed
    director
  19. 2012-04-06
    DEARING, Kathlyn Jayne appointed
    director
  20. 2011-12-23
    🏢
    Company incorporated
    As A P SOURCING LIMITED
  21. 2011-12-23
    DEARING, Peter appointed
    director

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 67 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 14 years.
  • 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%
NameSharesVoting rightsNature of controlNotified
Peter Dearing
Individual · British · DOB 06/1950 · age 76
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

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.

See pricing →

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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
Incorporated2011-12-23
Jurisdictionengland-wales
Primary SIC46180 — Agents specialised in the sale of other particular products

Registered office

Ffosyrodyn Ffosyrodyn
Blaenpennal
Aberystwyth
SY23 4TS
Wales

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-04
Last: 2025-12-21

Officers (2 active · 1 resigned)

DEARING, Alexandra Jayne
director · ~35y · appointed 2013-09-04
View their other companies + combined net worth →
Active
DEARING, Kathlyn Jayne
director · ~67y · appointed 2012-04-06
View their other companies + combined net worth →
Active
DEARING, Peter
director · ~76y · appointed 2011-12-23 · resigned 2026-03-16
Resigned

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

Recent filings (40 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-03-18
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-02
change-person-director-company-with-change-date
officers · CH01
2025-02-13
change-person-director-company-with-change-date
officers · CH01
2025-02-13
change-person-director-company-with-change-date
officers · CH01
2025-02-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-21
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-06