ASCOTEX LIMITED

🌳Matureactive
00874811 · ltd · incorporated 1966-03-24
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£1.89M
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: SIC 13990
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 76/100 (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: share sale to pe / searcher (58/100).

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
Confirmed no charges registered
85
Directors & officers
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
103 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,893,301
Net assets shrinking
Down £76,528 YoY
Cash YoY
+5%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.6m
↑ 5.1% YoY
Net Worth
£1.9m
↓ 3.9% YoY
Current Assets
£2.2m
↑ 1.6% YoY
Current Liabilities
—
£0£435k£869k£1.3m£1.7m£2.2mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£1.90M£1.98M
Current assets£2.17M£2.14M
Cash£1.62M£1.54M
Debtors£266.8k£319.1k
Net assets£1.89M£1.97M

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

🔒Filing-note intelligence

1 signal 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 (25 events)Click to expand
  1. 2025-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-11-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2021-03-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-11-19
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2020-11-18
    ➖
    ASHWORTH, Valerie Ursula resigned
    secretary
  10. 2019-10-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-08-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2016-12-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-09-21
    📄
    change-person-director-company
    officers · CH01
  16. 2016-09-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2005-08-01
    ➕
    GRANT, Catherine Helen Victoria appointed
    director
  18. 2004-01-16
    ➕
    ASHWORTH, Valerie Ursula appointed
    secretary
  19. 2003-12-19
    ➖
    ASHWORTH, James Bryan resigned
    secretary
  20. 2003-12-19
    ➖
    ASHWORTH, James Bryan resigned
    director
  21. 1998-11-16
    ➖
    ASHWORTH, Valerie Ursula resigned
    director
  22. 1998-08-28
    ➕
    ASHWORTH, James Andrew appointed
    director
  23. 1998-04-22
    ➕
    ASHWORTH, James Bryan appointed
    secretary
  24. 1998-04-22
    ➖
    TURNER, Elaine resigned
    secretary
  25. 1966-03-24
    🏢
    Company incorporated
    As ASCOTEX LIMITED

Owner dependency

68/100
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 28 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 60 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.)

Group structure

Furoshiki Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Furoshiki Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
ASCOTEX LIMITED
This company · 00874811

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Furoshiki Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting01/07/2016

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1966-03-24
Jurisdictionengland-wales
Primary SIC13990 — SIC 13990

Registered office

Unit 3 Valley Forge Business Park
Reedyford Road
Nelson
Lancashire
BB9 8TU
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (2 active · 5 resigned)

ASHWORTH, James Andrew→
director · ~53y · appointed 1998-08-28
View their other companies + combined net worth →
Active
GRANT, Catherine Helen Victoria→
director · ~51y · appointed 2005-08-01
View their other companies + combined net worth →
Active
ASHWORTH, James Bryan→
secretary · appointed 1998-04-22 · resigned 2003-12-19
Resigned
ASHWORTH, Valerie Ursula→
secretary · appointed 2004-01-16 · resigned 2020-11-18
Resigned
TURNER, Elaine→
secretary · resigned 1998-04-22
Resigned
ASHWORTH, James Bryan→
director · ~96y · resigned 2003-12-19
Resigned
ASHWORTH, Valerie Ursula→
director · ~93y · resigned 1998-11-16
Resigned

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

Recent filings (103 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-11-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-09
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-02
termination-secretary-company-with-name-termination-date
officers · TM02
2020-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-11