APG DISPLAYS LIMITED

💤Zombieactive
08774699 · ltd · incorporated 2013-11-14
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 2024
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 74). 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 (79/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
28 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2025-01-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-04-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2022-11-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2021-12-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-04-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-04-24
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2021-04-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2020-08-26
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2020-08-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2020-02-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2019-07-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2018-06-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2016-12-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2016-05-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2015-11-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2013-11-14
    🏢
    Company incorporated
    As APG DISPLAYS LIMITED
  17. 2013-11-14
    SMITH, Anthony Brokenshire appointed
    director

Owner dependency

95/100
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.
  • +Founder age: Director aged approximately 74 — succession pressure is live.
  • +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

88/100
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 74 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 13 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.)

Group structure

Hs Sports Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Hs Sports Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
APG DISPLAYS LIMITED
This company · 08774699

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Hs Sports Holdings Limited
Corporate entity
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest30/06/2016

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

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2013-11-14
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

Kinetic House
Varey Road
Congleton
Cheshire
CW12 1UW

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-14
Last: 2025-10-31

Officers (1 active · 0 resigned)

SMITH, Anthony Brokenshire
director · ~74y · appointed 2013-11-14
View their other companies + combined net worth →
Active

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

Recent filings (28 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-31
accounts-with-accounts-type-dormant
accounts · AA
2025-01-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-14
accounts-with-accounts-type-dormant
accounts · AA
2024-04-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-14
accounts-with-accounts-type-dormant
accounts · AA
2022-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-16
accounts-with-accounts-type-dormant
accounts · AA
2021-12-14
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-15
accounts-with-accounts-type-dormant
accounts · AA
2021-04-27
gazette-filings-brought-up-to-date
gazette · DISS40
2021-04-24
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-23
gazette-notice-compulsory
gazette · GAZ1
2021-04-06
confirmation-statement-with-updates
confirmation-statement · CS01
2020-11-04
gazette-filings-brought-up-to-date
gazette · DISS40
2020-08-26