APEX TUBULARS LIMITED

🌳Matureactive
SC331461 · ltd · incorporated 2007-09-26
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 18.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
book net assets
Opportunity
83/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 82990Other business support service activities n.e.c.
Investor take
Pursue
Active trading company with a 63-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 18.2y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 18.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
11 officers (3 active, 11 linked, 6 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
81 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
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£0Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31
Average employees600600

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
3
filings
  • 2 capital
  • 1 confirmation-statement
Last 90 days
7
filings
  • 5 capital
  • 1 confirmation-statement
  • 1 gazette
Last 180 days
8
filings
  • 5 capital
  • 2 gazette
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
  1. 2026-03-23
    📄
    capital-cancellation-shares
    capital · SH06
  2. 2026-03-23
    📄
    capital-return-purchase-own-shares
    capital · SH03
  3. 2026-03-20
    📄
    capital-cancellation-shares
    capital · SH06
  4. 2026-03-20
    📄
    capital-name-of-class-of-shares
    capital · SH08
  5. 2026-03-20
    📄
    capital-return-purchase-own-shares
    capital · SH03
  6. 2026-02-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2025-12-16
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2025-04-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-06-24
    📄
    capital-cancellation-shares
    capital · SH06
  10. 2024-06-24
    📄
    capital-return-purchase-own-shares
    capital · SH03
  11. 2024-06-20
    📄
    capital-name-of-class-of-shares
    capital · SH08
  12. 2024-06-17
    📄
    memorandum-articles
    incorporation · MA
  13. 2024-06-17
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2024-06-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2024-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2024-03-28
    GRANT, Ronald Malcolm Macpherson resigned
    director
  17. 2023-05-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2022-10-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2022-05-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2021-12-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2021-05-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  22. 2019-03-31
    BLACKADDERS LLP appointed
    corporate-secretary
  23. 2019-03-31
    PLENDERLEATH RUNCIE LLP resigned
    corporate-secretary
  24. 2019-02-13
    GEDDIE, Glynn James resigned
    director
  25. 2016-06-30
    GEDDIE, Glynn James appointed
    director
  26. 2012-11-20
    WADSWORTH, Symon Chree appointed
    director
  27. 2011-02-25
    COPLAND, Paul Mcdonald resigned
    director
  28. 2010-01-20
    COPLAND, Paul Mcdonald appointed
    director
  29. 2009-07-15
    GEDDIE, Alasdair resigned
    director
  30. 2008-02-19
    🔒
    Charge registered #1
    Lender: Royal Bank of Scotland PLC
  31. 2008-02-01
    PLENDERLEATH RUNCIE LLP appointed
    corporate-secretary
  32. 2008-02-01
    PLENDERLEATH RUNCIE LLP resigned
    corporate-secretary
  33. 2007-09-26
    🏢
    Company incorporated
    As APEX TUBULARS LIMITED
  34. 2007-09-26
    GEDDIE, James William appointed
    director
  35. 2007-09-26
    BRIAN REID LTD. appointed
    corporate-secretary
  36. 2007-09-26
    BRIAN REID LTD. resigned
    corporate-secretary
  37. 2007-09-26
    PLENDERLEATH RUNCIE LLP appointed
    corporate-secretary
  38. 2007-09-26
    GEDDIE, Alasdair appointed
    director
  39. 2007-09-26
    GRANT, Ronald Malcolm Macpherson appointed
    director
  40. 2007-09-26
    STEPHEN MABBOTT LTD. appointed
    corporate-director
  41. 2007-09-26
    STEPHEN MABBOTT LTD. resigned
    corporate-director

Owner dependency

76/100
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.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr James William Geddie
Individual · British · DOB 04/1963 · age 63
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

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 →

Similar companies

Active · Wholesale & distribution · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
80:20 PROCUREMENT SERVICES LIMITED
SC113061 · est 1988 · no financials extracted
37y
ABD GUL LTD
SC855540 · est 2025 · no financials extracted
ABK AGGREGATES LTD
SC556671 · est 2017 · no financials extracted
9y
AGILITY NDE LTD
SC555173 · est 2017 · no financials extracted
9y
AJ SUBSEA LTD
SC858806 · est 2025 · no financials extracted
AOSS LIMITED
SC555542 · est 2017 · no financials extracted
9y
ARDEA 28 UK LTD
SC786967 · est 2023 · no financials extracted
2y
ASHGROVE GROUP LTD
SC829097 · est 2024 · no financials extracted
1y
ASHWELL TOBACCO LTD
SC868528 · est 2025 · no financials extracted
ATELIER COZUM SIST VE YAPI MALZ SAN TIC LIMITED
SC684228 · est 2020 · no financials extracted
5y
AVERO SOLUTIONS LTD
SC869111 · est 2025 · no financials extracted
BEER DELIVERY CO LIMITED
SC592550 · est 2018 · no financials extracted
8y
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
Incorporated2007-09-26
Jurisdictionscotland
Primary SIC46900 — Non-specialised wholesale trade

Registered office

Suite 2, Level 1, Seabrokers House Prospect Road
Arnhall Business Park
Westhill
AB32 6FE
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-10-10
Last: 2025-09-26

Officers (3 active · 8 resigned)

BLACKADDERS LLP
corporate-secretary · appointed 2019-03-31
View their other companies + combined net worth →
Active
GEDDIE, James William
director · ~63y · appointed 2007-09-26
View their other companies + combined net worth →
Active
WADSWORTH, Symon Chree
director · ~48y · appointed 2012-11-20
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-secretary · appointed 2007-09-26 · resigned 2007-09-26
Resigned
PLENDERLEATH RUNCIE LLP
corporate-secretary · appointed 2008-02-01 · resigned 2019-03-31
Resigned
PLENDERLEATH RUNCIE LLP
corporate-secretary · appointed 2007-09-26 · resigned 2008-02-01
Resigned
COPLAND, Paul Mcdonald
director · ~50y · appointed 2010-01-20 · resigned 2011-02-25
Resigned
GEDDIE, Alasdair
director · ~58y · appointed 2007-09-26 · resigned 2009-07-15
Resigned
GEDDIE, Glynn James
director · ~36y · appointed 2016-06-30 · resigned 2019-02-13
Resigned
GRANT, Ronald Malcolm Macpherson
director · ~61y · appointed 2007-09-26 · resigned 2024-03-28
Resigned
STEPHEN MABBOTT LTD.
corporate-director · appointed 2007-09-26 · resigned 2007-09-26
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Bond & floating charge1 property19/02/2008
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (81 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-26
capital-cancellation-shares
capital · SH06
2026-03-23
capital-return-purchase-own-shares
capital · SH03
2026-03-23
capital-cancellation-shares
capital · SH06
2026-03-20
capital-name-of-class-of-shares
capital · SH08
2026-03-20
capital-return-purchase-own-shares
capital · SH03
2026-03-20
gazette-filings-brought-up-to-date
gazette · DISS40
2026-02-07
gazette-notice-compulsory
gazette · GAZ1
2025-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-01
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-31
capital-cancellation-shares
capital · SH06
2024-06-24
capital-return-purchase-own-shares
capital · SH03
2024-06-24
capital-name-of-class-of-shares
capital · SH08
2024-06-20
memorandum-articles
incorporation · MA
2024-06-17
resolution
resolution · RESOLUTIONS
2024-06-17