MELTON PLASTICS LIMITED

💤Zombieactive
SC070496 · ltd · incorporated 1980-01-30
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
Why now
Window closing · high confidence
Getting harder to buy cheaply — 3 signals strengthening over the last 30 days.
  • · Hygiene score: 70 → 90
  • · Opportunity score: 67 → 75
  • · Bankability: 65 → 75
  • · Distress / opportunity: speculative → avoid
Opportunity decay
hardening · 6-months
Hardening — profile is tightening. If you want to act, do it before the window closes further.
  • · 3 recent signals strengthening vs 0 weakening
What changed my view
Last 30 days

Picture improved over the last 30 days — 3 positive signals vs 0 negative.

  • Opportunity score: 6775
  • Hygiene score: 7090
  • Bankability: 6575
  • ·Distress / opportunity: speculativeavoid
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 Feb 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 22290
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 13.9y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 13.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
112 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£69k£137k£206k£275k£343kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Total assets£516.9k
Current assets£343.3k
Cash£16.3k
Debtors£227.9k
Net assets£228.0k
Average employees18

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-11-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-06
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-09-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2023-09-08
    🔓
    Charge satisfied #1
  5. 2023-07-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2022-11-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2021-04-12
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2020-06-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2019-07-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2018-07-12
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2017-11-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2017-10-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2017-08-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2017-08-17
    🔒
    Charge registered #2
    Lender: Lloyds Bank Commercial Finance LTD
  15. 2016-09-16
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  16. 2016-09-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2016-09-16
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  18. 2016-09-15
    KHAN, Azam appointed
    secretary
  19. 2016-09-15
    KHAN, Azam appointed
    director
  20. 2016-09-15
    TRAVIS, Joyce resigned
    secretary
  21. 2016-09-15
    TRAVIS, Joyce resigned
    director
  22. 2012-08-31
    🔒
    Charge registered #1
    Lender: Rbs Invoice Finance Limited
  23. 2012-05-22
    TRAVIS, Anthony resigned
    director
  24. 1980-01-30
    🏢
    Company incorporated
    As MELTON PLASTICS LIMITED

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 46 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

Karakorum Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Karakorum Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
MELTON PLASTICS LIMITED
This company · SC070496

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
Karakorum Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control15/09/2016
1 historic (ceased) PSC
  • Mrs Joyce Travisceased 15/09/2016· 75-100% shares · 75-100% voting · board control · significant influence

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
Incorporated1980-01-30
Jurisdictionscotland
Primary SIC22290 — SIC 22290

Registered office

Castlehill Industrial Estate
Carluke
ML8 5UF

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-31
Last: 2026-03-17

Officers (2 active · 3 resigned)

KHAN, Azam
secretary · appointed 2016-09-15
View their other companies + combined net worth →
Active
KHAN, Azam
director · ~55y · appointed 2016-09-15
View their other companies + combined net worth →
Active
TRAVIS, Joyce
secretary · resigned 2016-09-15
Resigned
TRAVIS, Anthony
director · ~87y · resigned 2012-05-22
Resigned
TRAVIS, Joyce
director · ~75y · resigned 2016-09-15
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank Commercial Finance LTD
A registered charge17/08/2017
satisfied
NatWest Group
Rbs Invoice Finance Limited
Floating charge1 property31/08/201208/09/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (112 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-28
mortgage-satisfy-charge-full
mortgage · MR04
2023-09-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-11-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-04-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-07-24