APPROVED PHARMA SOLUTIONS LTD
🌳Matureactive
09155008 · ltd · incorporated 2014-07-31
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 Jul 2025
Net worth
£12.4k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 21200
Sector: Manufacturing
Investor take
PursueAsset-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: 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
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
1 connected companies via shared directors
48
Filing history
29 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 £12,354
Net assets shrinking
Down £38,200 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£12k
↓ 76% YoY
Current Assets
£34k
↓ 65% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-07-30 | 2024-07-30 |
|---|---|---|
| Total assets | £26.0k | £90.4k |
| Current assets | £33.9k | £97.1k |
| Net assets | £12.4k | £50.6k |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2026-04-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-04📄memorandum-articlesincorporation · MA
- 2021-10-04📄resolutionresolution · RESOLUTIONS
- 2021-10-04📄capital-name-of-class-of-sharescapital · SH08
- 2021-10-04📄capital-alter-shares-subdivisioncapital · SH02
- 2021-10-01📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2021-04-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-04-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-04-30📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2018-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-04-25📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-07-31🏢Company incorporatedAs APPROVED PHARMA SOLUTIONS LTD
- 2014-07-31➕EGGLESTON, Renda, Dr appointeddirector
- 2014-07-31➕EGGLESTON, Richard Stuart 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 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
61/100
Strong succession signalMultiple 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.
- 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Dr Renda Eggleston Individual · British · DOB 09/1959 · age 67 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Richard Stuart Eggleston Individual · British · DOB 07/1960 · age 66 | 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
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|---|---|---|---|---|---|---|---|
| 10SQUARED LIMITED→ 05174578 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
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| ALEX JAMES HUNT LTD→ 15138370 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AM:PM (UK) LIMITED→ 08659917 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ANEMOIC LTD→ 16933463 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANNWYN BOTANICALS LTD→ 09048893 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| APEX JOINERY (YORKSHIRE) LTD→ 16897218 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AQUASTAN HEATING LIMITED→ 04573196 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ARCHIPOD LTD→ 06441194 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| ARDFERN YACHT CENTRE LIMITED→ 02146320 · est 1987 · no financials extracted | — | — | — | — | 38y | — | — |
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
Incorporated2014-07-31
Jurisdictionengland-wales
Primary SIC21200 — SIC 21200
Registered office
Mill Farm
Church Street
Bainton
East Yorkshire
YO25 9NJ
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-30
Confirmation statement
Next due: 2026-08-14
Last: 2025-07-31
Officers (2 active · 0 resigned)
EGGLESTON, Renda, Dr→
Activedirector · ~67y · appointed 2014-07-31
View their other companies + combined net worth →
EGGLESTON, Richard Stuart→
Activedirector · ~66y · appointed 2014-07-31
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (29 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-31
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-13
memorandum-articles
incorporation · MA
2021-10-04
resolution
resolution · RESOLUTIONS
2021-10-04
capital-name-of-class-of-shares
capital · SH08
2021-10-04
capital-alter-shares-subdivision
capital · SH02
2021-10-04
capital-variation-of-rights-attached-to-shares
capital · SH10
2021-10-01
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-03