AP BALANCING LTD

🌿Early-stageactive
15056211 · ltd · incorporated 2023-08-08
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2025
Net worth
£31.7k
book net assets
Opportunity
71/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Machining
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 70/100. 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: medium (78/100)

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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
6 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
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 · FRS 105 (micro)
Positive net assets
Net assets £31,745

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£32k
↑ 24% YoY
Current Assets
£48k
↓ 18% YoY
Current Liabilities
£0£12k£24k£35k£47k£59kAug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-08-312024-08-31
Total assets£32.9k£26.8k
Current assets£48.4k£59.2k
Net assets£31.7k£25.6k

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
1
filing
  • 1 officers
Last 90 days
2
filings
  • 1 officers
  • 1 accounts
Last 180 days
2
filings
  • 1 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2026-06-30
    WILKINSON, Paul Lee appointed
    director
  2. 2026-06-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-08-08
    🏢
    Company incorporated
    As AP BALANCING LTD
  6. 2023-08-08
    BOFFEY, Ian David appointed
    director
  7. 2023-08-08
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +Young company: Only 3.0 years old — management layer unlikely to be developed.

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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ian David Boffey
Individual · British · DOB 07/1971 · age 55
75100%
75–100%board control75-100% shares · 75-100% voting · board control08/08/2023

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

Active · Manufacturing · B postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A.PERRY LTD
00363827 · est 1940 · no financials extracted
85y
A.POOLE & SON LIMITED
00481558 · est 1950 · no financials extracted
75y
ANCO CATALYSTS LIMITED
02209284 · est 1987 · no financials extracted
38y
ANOPOL GROUP LIMITED
08532527 · est 2013 · no financials extracted
12y
ANSON SITE SERVICES LTD
14110270 · est 2022 · no financials extracted
3y
ANSRSA LTD
15714978 · est 2024 · no financials extracted
1y
ANU DIMENSION LIMITED
10110077 · est 2016 · no financials extracted
10y
ANVIC SILVER LIMITED
04901320 · est 2003 · no financials extracted
22y
ANVIL IRONCRAFT LTD
13666271 · est 2021 · no financials extracted
4y
ANVIL STEELS (SANDWELL) LIMITED
02034174 · est 1986 · no financials extracted
39y
ANY TYPE SCREWS & FIXINGS LTD
15166542 · est 2023 · no financials extracted
2y
AP GLAZING (OLDBURY) LTD.
07811556 · est 2011 · no financials extracted
14y
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
Incorporated2023-08-08
Jurisdictionengland-wales
Primary SIC25620 — Machining

Registered office

Unit 27 Wildmoor Mill
Mill Lane
Bromsgrove
B61 0BX
United Kingdom

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-08-21
Last: 2025-08-07

Officers (2 active · 0 resigned)

BOFFEY, Ian David
director · ~55y · appointed 2023-08-08
View their other companies + combined net worth →
Active
WILKINSON, Paul Lee
director · ~52y · appointed 2026-06-30
View their other companies + combined net worth →
Active

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

Recent filings (6 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-06-30
accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-13
incorporation-company
incorporation · NEWINC
2023-08-08