POLYPAK PLASTENE LIMITED

🌳Matureactive
SC388271 · ltd · incorporated 2010-11-04
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 15.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 15.3y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 15.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
42 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
65
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£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Average employees300300

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

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 (22 events)Click to expand
  1. 2025-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2024-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-10-30
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  5. 2023-08-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-10-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-09-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2020-09-01
    🔓
    Charge satisfied #1
  11. 2019-08-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-08-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2017-11-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2017-11-02
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  16. 2017-08-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2016-08-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2013-08-14
    SULLIVAN, Glen appointed
    director
  19. 2011-01-06
    🔒
    Charge registered #1
    Lender: Bibby Factors Scotland Limited
  20. 2010-11-04
    🏢
    Company incorporated
    As POLYPAK PLASTENE LIMITED
  21. 2010-11-04
    MARSHALL, Matthew Hughson appointed
    director
  22. 2010-11-04
    PATERSON, Michael Haig appointed
    director

Owner dependency

60/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

53/100
Moderate signal

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

SIGNALS
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 15 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Matthew Hughson Marshall
Individual · Scottish · DOB 11/1977 · age 49
2550%
25-50% shares04/11/2016
Mr Michael Haig Paterson
Individual · British · DOB 01/1971 · age 55
2550%
25-50% 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.

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Company details

Statusactive
Typeltd
Incorporated2010-11-04
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

Forresters Hall
9 Brown Street
Haddington
East Lothian
EH41 3JH
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-18
Last: 2025-11-04

Officers (3 active · 0 resigned)

MARSHALL, Matthew Hughson
director · ~49y · appointed 2010-11-04
View their other companies + combined net worth →
Active
PATERSON, Michael Haig
director · ~55y · appointed 2010-11-04
View their other companies + combined net worth →
Active
SULLIVAN, Glen
director · ~49y · appointed 2013-08-14
View their other companies + combined net worth →
Active

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
The Royal Bank of Scotland PLC
A registered charge1 property02/11/2017
satisfied
Bibby Financial Services
Bibby Factors Scotland Limited
Floating charge1 property06/01/201101/09/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (42 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-13
change-account-reference-date-company-current-extended
accounts · AA01
2023-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-17
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-05
mortgage-satisfy-charge-full
mortgage · MR04
2020-09-01