ADVANCED COATED PRODUCTS LIMITED

🌳Matureactive
09418056 · ltd · incorporated 2015-02-02
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 Sept 2024
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 17290
Sector: Manufacturing
ALSO REGISTERED FOR
  • 22290SIC 22290
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (65/100, director aged 61). 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 11.3y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 11.3 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 (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
20 connected companies via shared directors
90
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
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
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£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Average employees18000001900000

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

🔒Filing-note intelligence

2 signals 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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-06-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-06-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2023-09-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2023-09-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2023-09-14
    🔓
    Charge satisfied #3
  6. 2023-09-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2023-09-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2023-09-13
    🔓
    Charge satisfied #2
  9. 2023-09-13
    🔓
    Charge satisfied #1
  10. 2023-09-12
    🔒
    Charge registered #4
    Lender: Brightborough Holdings Limited
  11. 2023-05-19
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2022-06-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2021-06-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2020-06-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2020-06-10
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  16. 2020-01-17
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2019-06-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2018-04-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2017-03-16
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2016-09-16
    📄
    capital-allotment-shares
    capital · SH01
  21. 2015-03-03
    🔒
    Charge registered #2
    Lender: Brightborough Capital Limited
  22. 2015-02-18
    🔒
    Charge registered #1
    Lender: Shawbrook Bank Limited
  23. 2015-02-02
    🏢
    Company incorporated
    As ADVANCED COATED PRODUCTS LIMITED
  24. 2015-02-02
    TRILK, Nigel Craig, Dr appointed
    director
  25. 2015-02-02
    URQUHART, Martin Paul appointed
    director

Owner dependency

71/100
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.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

51/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Brightborough Capital Limited
Individual
75100%
75-100% shares06/04/2016

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

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
Incorporated2015-02-02
Jurisdictionengland-wales
Primary SIC17290 — SIC 17290

Registered office

The Vineyards Industrial Estate
Gloucester Road
Cheltenham
Gloucestershire
GL51 8NH
England

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-02-16
Last: 2026-02-02

Officers (2 active · 0 resigned)

TRILK, Nigel Craig, Dr
director · ~61y · appointed 2015-02-02
View their other companies + combined net worth →
Active
URQUHART, Martin Paul
director · ~58y · appointed 2015-02-02
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Brightborough Holdings
Brightborough Holdings Limited
A registered charge1 property12/09/2023
satisfied
Barclays
Barclays Bank PLC
A registered charge10/06/202014/09/2023
satisfied
Brightborough Capital
Brightborough Capital Limited
A registered charge1 property03/03/201513/09/2023
satisfied
Shawbrook
Shawbrook Bank Limited
A registered charge9 properties18/02/201513/09/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (40 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-02
accounts-with-accounts-type-small
accounts · AA
2025-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-09
accounts-with-accounts-type-small
accounts · AA
2024-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-09-15
mortgage-satisfy-charge-full
mortgage · MR04
2023-09-14
mortgage-satisfy-charge-full
mortgage · MR04
2023-09-13
mortgage-satisfy-charge-full
mortgage · MR04
2023-09-13
accounts-with-accounts-type-small
accounts · AA
2023-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-06
accounts-with-accounts-type-small
accounts · AA
2022-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-03
accounts-with-accounts-type-full
accounts · AA
2021-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-25