A.S.BONE AND SONS LIMITED

🌳Matureactive
00339903 · ltd · incorporated 1938-05-03
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 48.1y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2024
Net worth
£54.5k
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 49390SIC 49390
Investor take
Special-situation opportunity
Admin-neglect survivor. Family succession underway — not a classic acquisition target.

Opportunity 69/100 (strong), bankability 60/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).

🏦

Refinance opportunity

2 live charges · oldest 48.1y

65/100
clean up first

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

  • · Oldest live charge is 48.1 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: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
102 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £54,499

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£54k
↑ 3.5% YoY
Current Assets
£54k
↑ 37% YoY
Current Liabilities
£0£11k£22k£33k£44k£54kJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-302023-06-30
Total assets£110.2k£104.4k
Current assets£54.1k£39.5k
Net assets£54.5k£52.7k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-03-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-01-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2023-11-20
    BONE, John Emerson resigned
    director
  6. 2023-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-02-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2023-02-01
    BONE, Katherine Jane appointed
    director
  9. 2022-11-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-11-01
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2022-10-27
    BONE, Mary Jean resigned
    secretary
  12. 2022-10-27
    BONE, Mary Jean resigned
    director
  13. 2022-07-07
    BONE, Andrew Peter appointed
    director
  14. 2022-07-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2022-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2022-01-04
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  17. 2021-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2020-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2019-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2018-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2017-12-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  22. 1985-05-20
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  23. 1978-05-31
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  24. 1938-05-03
    🏢
    Company incorporated
    As A.S.BONE AND SONS LIMITED

Owner dependency

89/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "BONE" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

26/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — BONE, Katherine Jane (same surname) appointed 2023-02-01. Pattern consistent with intra-family handover.
  • 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.
  • secondaryStable-but-static management: Company is 88 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Trustees Of The John Emerson Bone Settlement 2003
Corporate parent · holds 50-75% shares
majority
🏛️
Trustees Of The Mary Jean Bone Settlement 2003
Corporate parent · holds 25-50% shares
significant stake
A.S.BONE AND SONS LIMITED
This company · 00339903

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Trustees Of The John Emerson Bone Settlement 2003
Corporate entity
5075%
50-75% shares22/12/2016
Trustees Of The Mary Jean Bone Settlement 2003
Corporate entity
2550%
25-50% shares21/12/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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8 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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated1938-05-03
Jurisdictionengland-wales
Primary SIC45200 — SIC 45200

Registered office

Hillside Service Station
Hook
Hants
RG27 9EQ

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-12-22
Last: 2025-12-08

Officers (2 active · 3 resigned)

BONE, Andrew Peter
director · ~63y · appointed 2022-07-07
View their other companies + combined net worth →
Active
BONE, Katherine Jane
director · ~51y · appointed 2023-02-01
View their other companies + combined net worth →
Active
BONE, Mary Jean
secretary · resigned 2022-10-27
Resigned
BONE, John Emerson
director · ~95y · resigned 2023-11-20
Resigned
BONE, Mary Jean
director · ~95y · resigned 2022-10-27
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property20/05/1985
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property31/05/1978
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (102 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-26
change-person-director-company-with-change-date
officers · CH01
2025-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-16
termination-director-company-with-name-termination-date
officers · TM01
2024-01-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-30
appoint-person-director-company-with-name-date
officers · AP01
2023-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-16
termination-director-company-with-name-termination-date
officers · TM01
2022-11-01
termination-secretary-company-with-name-termination-date
officers · TM02
2022-11-01
appoint-person-director-company-with-name-date
officers · AP01
2022-07-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-31
change-account-reference-date-company-previous-extended
accounts · AA01
2022-01-04