GULF PLASTICS LIMITED

🌳Matureactive
09272252 · ltd · incorporated 2014-10-20
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 Nov 2024
Net worth
£2.0k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: SIC 38320
Sector: Water supply & waste
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (81/100)

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
6 officers (2 active, 6 linked, 6 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
51 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,991
Net assets shrinking
Down £52,693 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£2k
↓ 96% YoY
Current Assets
£146k
↓ 8.7% YoY
Current Liabilities
—
£0£32k£64k£96k£128k£160kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£2.0k£54.7k
Current assets£146.3k£160.2k
Cash—£115.4k
Debtors—£29.1k
Net assets£2.0k£54.7k

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

Recent activity

Last 30 days
1
filing
  • • 1 address
Last 90 days
1
filing
  • • 1 address
Last 180 days
1
filing
  • • 1 address
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-06-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-08-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-07-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-07-01
    ➕
    IQBAL, Muhammad Saahid appointed
    director
  5. 2024-01-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2023-05-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2022-11-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2022-11-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  9. 2022-08-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-07-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2021-01-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2020-05-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-09-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-02-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2018-09-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2018-04-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2018-03-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2018-03-08
    ➕
    IQBAL, Saheed appointed
    director
  20. 2018-03-08
    ➖
    BUTT, Dhanyal resigned
    director
  21. 2017-10-10
    ➖
    IQBAL, Saheed resigned
    director
  22. 2017-09-26
    ➕
    BUTT, Dhanyal appointed
    director
  23. 2016-06-01
    ➖
    BUTT, Faiza resigned
    director
  24. 2016-06-01
    ➕
    IQBAL, Saheed appointed
    director
  25. 2016-05-23
    ➕
    BUTT, Faiza appointed
    director
  26. 2016-05-23
    ➖
    IQBAL, Saheed resigned
    director
  27. 2014-10-20
    🏢
    Company incorporated
    As GULF PLASTICS LIMITED
  28. 2014-10-20
    ➕
    IQBAL, Saheed appointed
    director

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

Gulf Holding Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Gulf Holding Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
GULF PLASTICS LIMITED
This company · 09272252

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
Gulf Holding Ltd
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control · firm interest20/10/2022
3 historic (ceased) PSCs
  • Mr Saheed Iqbalceased 20/10/2022· 25-50% shares · 25-50% voting · board control
  • Mr Dhanyal Buttceased 08/03/2018· 75-100% shares
  • Mr Saheed Iqbalceased 26/09/2017· 75-100% voting

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

6 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
Incorporated2014-10-20
Jurisdictionengland-wales
Primary SIC38320 — SIC 38320

Registered office

13 Market Street
Westhoughton
Bolton
BL5 3AH
England

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-02
Last: 2025-11-18

Officers (2 active · 4 resigned)

IQBAL, Muhammad Saahid→
director · ~25y · appointed 2024-07-01
View their other companies + combined net worth →
Active
IQBAL, Saheed→
director · ~51y · appointed 2018-03-08
View their other companies + combined net worth →
Active
BUTT, Dhanyal→
director · ~26y · appointed 2017-09-26 · resigned 2018-03-08
Resigned
BUTT, Faiza→
director · ~50y · appointed 2016-05-23 · resigned 2016-06-01
Resigned
IQBAL, Saheed→
director · ~51y · appointed 2016-06-01 · resigned 2017-10-10
Resigned
IQBAL, Saheed→
director · ~51y · appointed 2014-10-20 · resigned 2016-05-23
Resigned

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

Recent filings (51 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-02
appoint-person-director-company-with-name-date
officers · AP01
2024-07-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-05-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-11-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-11-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-07-27