APOTHECARY 87 LTD
🌳Matureactive
08760448 · ltd · incorporated 2013-11-04
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£-20.3k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 77/100 (strong), bankability 77/100. Strong seller-intent signal (78/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 10.2y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 10.2 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (82/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £20,326
Net assets shrinking
Down £32,317 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£20k
↓ 270% YoY
Current Assets
£53k
↓ 27% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £10.8k | £28.8k |
| Current assets | £53.0k | £73.0k |
| Net assets | £-20.3k | £12.0k |
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 accounts
Last 180 days
2
filings
- • 1 accounts
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2026-04-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-02-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-09🔓Charge satisfied #4
- 2025-12-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-04-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-18🔓Charge satisfied #3
- 2024-04-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-08-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-04-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-03-15🔒Charge registered #4Lender: Ffe Spv Limited (Co. No. 11281716)
- 2022-04-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-03📄change-person-director-company-with-change-dateofficers · CH01
- 2022-02-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-08-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-08-09📄change-person-director-company-with-change-dateofficers · CH01
- 2021-08-09📄change-person-director-company-with-change-dateofficers · CH01
- 2021-04-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-02-14🔒Charge registered #3Lender: Hsbc UK Bank PLC
- 2018-10-12🔓Charge satisfied #2
- 2018-06-19🔒Charge registered #2Lender: Skipton Business Finance LTD
- 2018-05-09🔓Charge satisfied #1
- 2016-04-07🔒Charge registered #1Lender: Hsbc Bank PLC
- 2013-11-04🏢Company incorporatedAs APOTHECARY 87 LTD
- 2013-11-04➕MARTIN, Samuel William appointeddirector
- 2013-11-04➕MARTIN, William appointeddirector
Owner dependency
86/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 71 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
79/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Samuel William Martin Individual · British · DOB 12/1987 · age 39 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 25/07/2016 |
Mr William Martin Individual · British · DOB 05/1955 · age 71 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 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.
See pricing →Similar companies
Active · Wholesale & distribution · DN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ANHOW LIMITED→ 09435139 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| AR RAJA MEAT LIMITED→ 16918168 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARGIN TRADING LTD→ 07106777 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ASSISTANCE 24/7 LIMITED→ 14188112 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ATLANTIC FRESH LIMITED→ 05654335 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ATLANTIC OCEAN SEAFOOD LIMITED→ 06546518 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| BAPTISTA MACHINERY PROCUREMENT LIMITED→ 16489680 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BARMOND (SPECIAL STEELS) LIMITED→ 10155654 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BARMOND INTERNATIONAL LIMITED→ 10677786 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| BARRY WALKER INDUSTRIAL SUPPLIES LIMITED→ 08469664 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| BAYBOL AND SONS LTD→ 15532909 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BECKINGHAM FOODS LIMITED→ 04968220 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
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
Incorporated2013-11-04
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade
Registered office
Retail 8, The Hive, Yorkshire Wildlife Park Hurst Lane
Auckley
Doncaster
DN9 3QY
England
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-08-16
Last: 2025-08-02
Officers (2 active · 0 resigned)
MARTIN, Samuel William→
Activedirector · ~39y · appointed 2013-11-04
View their other companies + combined net worth →
MARTIN, William→
Activedirector · ~71y · appointed 2013-11-04
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Ffe Spv (Co. No. 11281716) Ffe Spv Limited (Co. No. 11281716) | A registered charge | 2 properties | 15/03/2023 | 09/02/2026 | |
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 14/02/2020 | 18/05/2024 | |
| satisfied | Skipton Business Finance Skipton Business Finance LTD | A registered charge | 1 property | 19/06/2018 | 12/10/2018 | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 07/04/2016 | 09/05/2018 |
Recent filings (44 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-23
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-02
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-08-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-28