ACER PHARMA LIMITED

🌳Matureactive
10045381 · ltd · incorporated 2016-03-07
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.
Why now
Window steady · medium confidence
Mixed signals — 2 changes over 30 days, no clear direction yet.
  • · Deal-killer verdict: workable → complicated
  • · PSC count: 1 → 2
What changed my view
Last 30 days

Mixed signals in the last 30 days — 1 improved, 1 worsened.

  • Deal-killer verdict: workablecomplicated
  • PSC count: 12
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: SIC 46460
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 57/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

6 live charges · 3 lenders · oldest 4.9y

25/100
too messy

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

  • · Charge age ~4.9 years — mid-life; refi window approaching.
  • · 3 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
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£0Mar 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-03-31
Average employees2200

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
3
filings
  • 2 persons-with-significant-control
  • 1 mortgage
Last 90 days
3
filings
  • 2 persons-with-significant-control
  • 1 mortgage
Last 180 days
4
filings
  • 2 persons-with-significant-control
  • 1 mortgage
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-06-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-06-24
    🔓
    Charge satisfied #5
  3. 2026-06-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2026-06-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-12-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2024-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-07-04
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  8. 2024-07-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2024-06-26
    🔒
    Charge registered #6
    Lender: Hsbc UK Bank PLC
  10. 2023-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-11-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2023-10-29
    PRITCHARD, Ian appointed
    director
  13. 2023-06-22
    GRENAN, Michelle resigned
    director
  14. 2023-06-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2022-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-12-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  17. 2021-08-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2021-08-13
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2021-08-13
    📄
    memorandum-articles
    incorporation · MA
  20. 2021-08-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2021-08-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2021-08-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2021-08-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  24. 2021-08-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2021-07-30
    🔒
    Charge registered #5
    Lender: Hsbc UK Bank PLC
  26. 2021-07-30
    🔒
    Charge registered #4
    Lender: Hsbc Invoice Finance (UK) Limited
  27. 2021-07-30
    🔒
    Charge registered #3
    Lender: Hsbc Bank PLC
  28. 2021-07-30
    🔒
    Charge registered #2
    Lender: Hsbc Invoice Finance (UK) Limited
  29. 2021-07-30
    🔒
    Charge registered #1
    Lender: Hsbc UK Bank PLC
  30. 2020-05-01
    GRENAN, Michelle appointed
    director
  31. 2016-03-07
    🏢
    Company incorporated
    As ACER PHARMA LIMITED
  32. 2016-03-07
    YATES, Jason Derick appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

41/100
Moderate signal

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

SIGNALS
  • 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 low
5 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Cst Pharma Group Holdings is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Cst Pharma Group Holdings
Corporate parent · holds 75-100% shares · board control
ultimate parent
ACER PHARMA LIMITED
This company · 10045381

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
Cst Pharma Group Holdings
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/05/2026
1 historic (ceased) PSC
  • Mr Jason Yatesceased 01/05/2026· 75-100% shares

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

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
Incorporated2016-03-07
Jurisdictionengland-wales
Primary SIC46460 — SIC 46460

Registered office

Units 5-7 Tintagel Way
Aldridge
Walsall
WS9 8ER
England

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-03-12
Last: 2026-02-26

Officers (2 active · 1 resigned)

PRITCHARD, Ian
director · ~57y · appointed 2023-10-29
View their other companies + combined net worth →
Active
YATES, Jason Derick
director · ~53y · appointed 2016-03-07
View their other companies + combined net worth →
Active
GRENAN, Michelle
director · ~57y · appointed 2020-05-01 · resigned 2023-06-22
Resigned

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

Mortgages & charges

6
Total charges
5
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property26/06/2024
satisfied
HSBC
Hsbc UK Bank PLC
A registered charge1 property30/07/202124/06/2026
outstanding
HSBC
Hsbc Invoice Finance (UK) Limited
A registered charge1 property30/07/2021
outstanding
HSBC
Hsbc Bank PLC
A registered charge1 property30/07/2021
outstanding
HSBC
Hsbc Invoice Finance (UK) Limited
A registered charge1 property30/07/2021
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property30/07/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (36 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-06-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-06-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-06-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-26
accounts-with-accounts-type-small
accounts · AA
2025-12-02
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-04
change-account-reference-date-company-current-extended
accounts · AA01
2024-07-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
appoint-person-director-company-with-name-date
officers · AP01
2023-11-08
termination-director-company-with-name-termination-date
officers · TM01
2023-06-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-19