METAPLAS LIMITED
- 25990SIC 25990
Opportunity 39/100 (watch), bankability 20/100. Strong seller-intent signal (70/100, director aged 78). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.
Refinance opportunity
2 live charges · 2 lenders · oldest 16.5y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 16.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-03-31 | 2023-03-31 |
|---|---|---|
| Total assets | £824.5k | £842.8k |
| Current assets | £743.4k | £772.3k |
| Cash | £37.2k | £68.3k |
| Debtors | £612.4k | £613.2k |
| Net assets | £573.4k | £627.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (36 events)Click to expand
- 2025-03-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-10⚠️liquidation-compulsory-notice-winding-up-order-court-scotlandinsolvency · WU01(Scot)
- 2025-02-14⚠️liquidation-appointment-of-provisional-liquidator-court-scotlandinsolvency · WU02(Scot)
- 2025-01-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-31➖DALGLEISH, Linda Grace resigneddirector
- 2024-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-12📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-12📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2023-12-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-12📄change-person-secretary-company-with-change-dateofficers · CH03
- 2023-12-12📄change-person-director-company-with-change-dateofficers · CH01
- 2023-07-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-26📄mortgage-create-with-deedmortgage · MR01
- 2023-01-26📄legacymortgage · MG01s
- 2022-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-05📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2022-08-05📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2022-07-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-26🔒Charge registered #2Lender: Close Invoice Finance LTD
- 2021-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2009-10-20🔒Charge registered #1Lender: Aib Group (UK) PLC
- 2007-11-26➕AS COMPANY SERVICES LIMITED appointedcorporate-secretary
- 2007-11-26➖ANDERSON STRATHERN resignedcorporate-secretary
- 2006-11-30➕ANDERSON STRATHERN appointedcorporate-secretary
- 1997-02-27➕DALGLEISH, Thomas Scott Frame appointedsecretary
- 1997-02-27➕DALGLEISH, Thomas Scott Frame appointeddirector
- 1997-02-27➖ANDERSON STRATHERN WS resignedcorporate-secretary
- 1997-02-27➖CAMPBELL, Thomas Weir resigneddirector
- 1997-02-27➕DALGLEISH, Linda Grace appointeddirector
- 1997-02-27➖KERR, John Neilson resigneddirector
- 1996-10-02🏢Company incorporatedAs METAPLAS LIMITED
- 1996-10-02➕ANDERSON STRATHERN WS appointedcorporate-secretary
- 1996-10-02➕CAMPBELL, Thomas Weir appointeddirector
- 1996-10-02➕KERR, John Neilson appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 78 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 30 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
4 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2025-12-31
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2025-10-16
Company is actively being wound up. Not a going concern.
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-03-10: liquidation-compulsory-notice-winding-up-order-court-scotland; 2025-02-14: liquidation-appointment-of-provisional-liquidator-court-scotland
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Thomas Scott Frame Dalgleish Individual · British · DOB 01/1948 · age 78 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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13 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 →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
Registered office
Filing status
Officers (3 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Close Invoice Finance Close Invoice Finance LTD | A registered charge | — | 26/07/2022 | — | |
| outstanding | Aib Group (UK) Aib Group (UK) PLC | Floating charge | 1 property | 20/10/2009 | — |