HARDIE POLYMERS LIMITED

🌳Matureactive

SC059189 · ltd · incorporated 1976-01-06

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 Dec 2023

Net worth

£1.16M

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Other business support service activities n.e.c.

Sector: Administrative & support services

Investor take

Pursue

Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 68). 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 (65/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 31.3y

35/100

too messy

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

· Oldest live charge is 31.3 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (75/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

25 officers (8 active, 25 linked, 21 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

12 connected companies via shared directors

Filing history

168 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £1,163,420

Key financials

1 year extracted from filed iXBRL accounts

Cash

£146k

Net Worth

£1.2m

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2023-12-31
Cash	£145.5k
Net assets	£1.16M

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

🔒Filing-note intelligence

3 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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (67 events)Click to expand

2025-10-22
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-09-08
➕
SIMPSON, Christopher Malcolm appointed
director
2025-08-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-06
📄
change-person-director-company-with-change-date
officers · CH01
2024-09-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-11
📄
change-person-director-company-with-change-date
officers · CH01
2022-11-11
📄
second-filing-of-director-appointment-with-name
officers · RP04AP01
2022-11-11
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-11-11
📄
change-person-director-company-with-change-date
officers · CH01
2022-11-11
📄
change-person-director-company-with-change-date
officers · CH01
2022-11-11
📄
change-person-director-company-with-change-date
officers · CH01
2022-09-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-27
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-15
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-14
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-05-25
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-07
📄
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2022-03-03
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-02-14
🔒
Charge registered #4
Lender: Rbs Invoice Finance LTD
2021-12-25
➕
KOMANSKI, Bartosz Michal appointed
director
2021-12-13
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-12-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-12-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-11-25
➕
AITKEN, Brian Anthony appointed
director
2021-11-25
➕
BUCHAN, Ian Andrew John appointed
director
2021-11-25
➕
PIRRIE, James Mcnab appointed
director
2021-11-25
➕
PIRRIE, John Syme appointed
director
2021-11-25
➖
HARDIE, Katharine Joan Ingram resigned
secretary
2021-11-25
➖
HARDIE, Georgina Grace resigned
director
2021-11-25
➖
HARDIE, Jack Henry resigned
director
2021-11-25
➖
HARDIE, Katharine Joan Ingram resigned
director
2021-11-25
➖
HARDIE, Simon Patrick resigned
director
2021-11-25
🔒
Charge registered #3
Lender: Nevis Capital LLP as Security Trustee
2019-03-01
➕
FERGUSON, Isobel appointed
director
2019-03-01
➖
FERGUSON, Isobel resigned
director
2019-03-01
➕
HARDIE, Georgina Grace appointed
director
2019-03-01
➖
HARDIE, Georgina Grace resigned
director
2019-03-01
➕
HARDIE, Jack Henry appointed
director
2019-03-01
➖
HARDIE, Jack Henry resigned
director
2019-03-01
➕
HARDIE, Simon Patrick appointed
director
2019-03-01
➖
HARDIE, Simon Patrick resigned
director
2019-02-01
➕
FERGUSON, Isobel appointed
director
2019-02-01
➕
HARDIE, Georgina Grace appointed
director
2019-02-01
➕
HARDIE, Jack Henry appointed
director
2019-02-01
➕
HARDIE, Simon Patrick appointed
director
2017-10-09
🔓
Charge satisfied #1
2014-07-04
🔓
Charge satisfied #2
2013-07-26
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
2007-11-30
➖
RAINE, David resigned
director

Showing most recent 50 of 67 events

Owner dependency

88/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

-8 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "HARDIE" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 68 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

J. & G. Hardie & Co Limited holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️

J. & G. Hardie & Co Limited

Corporate parent · holds 50-75% shares

majority

⬇

HARDIE POLYMERS LIMITED

This company · SC059189

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
J. & G. Hardie & Co Limited Corporate entity	50–75%	50–75%	50-75% shares · 50-75% 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 →

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BILL'S TOOL STORE LIMITED→ SC365221 · est 2009	—	—	—	1300	16y	83	58y
BLUE SQUARE OFFICES LTD.→ SC203991 · est 2000 · no financials extracted	—	—	—	—	26y	83	65y
CAMSCAFF LTD.→ SC253590 · est 2003	—	—	£556.7k	—	22y	83	61y
CENTRIFUGE MAINTENANCE SERVICES LIMITED→ SC173406 · est 1997	—	—	—	—	29y	83	63y
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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

Incorporated1976-01-06

Jurisdictionscotland

Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Cadder House 160 Clober Road

Milngavie

Glasgow

G62 7LW

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-11-14

Last: 2025-10-31