POLYMER EXTRUSION TECHNOLOGIES (UK) LIMITED

🌳Matureactive
SC486964 · ltd · incorporated 2014-09-17
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 8.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: SIC 22290
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 75/100. 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 (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 8.3y

70/100
ready

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

  • · Oldest live charge is 8.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees22002200

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2025-09-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-07-23
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  4. 2024-07-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-10-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2023-10-16
    CURRIE, Kenneth Norman resigned
    director
  8. 2023-09-13
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2023-09-13
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  10. 2022-07-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-08-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-02-08
    📄
    capital-name-of-class-of-shares
    capital · SH08
  13. 2021-02-05
    📄
    memorandum-articles
    incorporation · MA
  14. 2021-02-05
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2020-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-09-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2020-04-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2020-04-16
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  19. 2019-10-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2019-10-04
    🔓
    Charge satisfied #1
  21. 2019-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2018-02-16
    STEEL, Iain Thomas appointed
    director
  23. 2018-01-31
    KING, John James resigned
    director
  24. 2018-01-28
    O'NEILL, Michael Alan resigned
    director
  25. 2017-12-29
    🔒
    Charge registered #1
    Lender: Arkle Finance LTD
  26. 2016-01-21
    KING, John James appointed
    director
  27. 2015-08-05
    O'NEILL, Michael Alan appointed
    director
  28. 2015-08-03
    MCARTHUR, Carole Elizabeth appointed
    secretary
  29. 2015-07-24
    POTTS, Steven resigned
    secretary
  30. 2015-07-24
    MILLS, John Christopher resigned
    director
  31. 2014-12-05
    POTTS, Steven appointed
    secretary
  32. 2014-09-17
    🏢
    Company incorporated
    As POLYMER EXTRUSION TECHNOLOGIES (UK) LIMITED
  33. 2014-09-17
    CURRIE, John Joseph appointed
    director
  34. 2014-09-17
    CURRIE, Kenneth Norman appointed
    director
  35. 2014-09-17
    MILLS, John Christopher appointed
    director

Owner dependency

66/100
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.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

51/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • 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

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 John Joseph Currie
Individual · British · DOB 06/1969 · age 57
75100%
75–100%75-100% shares · 75-100% voting15/03/2017
1 historic (ceased) PSC
  • Mr Kenneth Norman Currieceased 15/03/2017· 75-100% shares · 75-100% voting

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2014-09-17
Jurisdictionscotland
Primary SIC22290 — SIC 22290

Registered office

Garroch Business Park
Garroch Loaning
Dumfries
DG2 8PN
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-05
Last: 2025-09-21

Officers (3 active · 5 resigned)

MCARTHUR, Carole Elizabeth
secretary · appointed 2015-08-03
View their other companies + combined net worth →
Active
CURRIE, John Joseph
director · ~57y · appointed 2014-09-17
View their other companies + combined net worth →
Active
STEEL, Iain Thomas
director · ~60y · appointed 2018-02-16
View their other companies + combined net worth →
Active
POTTS, Steven
secretary · appointed 2014-12-05 · resigned 2015-07-24
Resigned
CURRIE, Kenneth Norman
director · ~84y · appointed 2014-09-17 · resigned 2023-10-16
Resigned
KING, John James
director · ~66y · appointed 2016-01-21 · resigned 2018-01-31
Resigned
MILLS, John Christopher
director · ~64y · appointed 2014-09-17 · resigned 2015-07-24
Resigned
O'NEILL, Michael Alan
director · ~66y · appointed 2015-08-05 · resigned 2018-01-28
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge2 properties23/07/2025
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge16/04/2020
satisfied
Arkle Finance
Arkle Finance LTD
A registered charge29/12/201704/10/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (53 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-29
termination-director-company-with-name-termination-date
officers · TM01
2023-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-25
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-09-13
change-account-reference-date-company-previous-extended
accounts · AA01
2023-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-22
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-04
capital-name-of-class-of-shares
capital · SH08
2021-02-08