ASHCOMBE DEVELOPMENTS LIMITED

🌳Matureactive
01146809 · ltd · incorporated 1973-11-21
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 48.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£2.58M
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Asset-holding vehicle with a 76-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (93/100, director aged 76). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · oldest 48.0y

85/100
ready

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

  • · Oldest live charge is 48.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 5 with DOB)
87
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
115 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red 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 £2,578,746
Net assets shrinking
Down £7,290 YoY
Cash YoY
-11%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£575k
↓ 11% YoY
Net Worth
£2.6m
~ YoY
Current Assets
—
Current Liabilities
—
£0£517k£1.0m£1.6m£2.1m£2.6mApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Cash£575.0k£648.1k
Net assets£2.58M£2.59M

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
0
filings
Last 90 days
3
filings
  • • 3 mortgage
Last 180 days
9
filings
  • • 3 mortgage
  • • 3 persons-with-significant-control
  • • 2 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-04-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-04-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2026-04-24
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2026-04-24
    🔓
    Charge satisfied #4
  5. 2026-04-24
    🔓
    Charge satisfied #2
  6. 2026-04-24
    🔓
    Charge satisfied #1
  7. 2026-03-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2026-03-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2026-03-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2026-02-21
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  11. 2026-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2025-03-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2025-02-17
    ➖
    COOMBES, Timothy Richard Arthur resigned
    director
  14. 2025-01-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2024-05-21
    📍
    change-sail-address-company-with-new-address
    address · AD02
  16. 2024-05-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2024-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2023-06-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2023-01-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2022-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2021-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2020-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2017-09-06
    ➖
    COOMBES, Betty Joyce resigned
    director
  24. 2014-09-18
    ➖
    COOMBES, Donald Arthur resigned
    director
  25. 2007-11-02
    ➕
    GARLAND, Richard appointed
    director
  26. 1994-07-12
    🔓
    Charge satisfied #5
  27. 1994-07-12
    🔓
    Charge satisfied #3
  28. 1984-02-28
    🔒
    Charge registered #5
    Lender: Lloyds Bank PLC
  29. 1980-12-09
    🔒
    Charge registered #4
    Lender: Lloyds Bank PLC
  30. 1980-06-27
    🔒
    Charge registered #3
    Lender: Lloyds Bank PLC
  31. 1978-08-30
    🔒
    Charge registered #2
    Lender: Lloyds Bank PLC
  32. 1978-07-27
    🔒
    Charge registered #1
    Lender: Lloyds Bank PLC
  33. 1973-11-21
    🏢
    Company incorporated
    As ASHCOMBE DEVELOPMENTS LIMITED

Owner dependency

91/100
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.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 76 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

89/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
  • 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 53 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Cherry Louise Garland
Individual · British · DOB 05/1957 · age 69
50–75%
50–75%board control50-75% shares · 50-75% voting · board control · trust interest06/04/2016
Mr Richard Garland
Individual · British · DOB 09/1950 · age 76
25–50%
25–50%25-50% shares · 25-50% voting · trust interest06/04/2016
1 historic (ceased) PSC
  • Trustees Of Donald & Betty Coombes Family Settlementceased 06/04/2016· 25-50% shares

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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04505430 · est 2002 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated1973-11-21
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

Albert Goodman
Lupin Way
Yeovil
Somerset
BA22 8WW
United Kingdom

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-01-22
Last: 2026-01-08

Officers (3 active · 3 resigned)

GARLAND, Cherry Louise→
secretary
View their other companies + combined net worth →
Active
GARLAND, Cherry Louise→
director · ~69y
View their other companies + combined net worth →
Active
GARLAND, Richard→
director · ~76y · appointed 2007-11-02
View their other companies + combined net worth →
Active
COOMBES, Betty Joyce→
director · ~100y · resigned 2017-09-06
Resigned
COOMBES, Donald Arthur→
director · ~104y · resigned 2014-09-18
Resigned
COOMBES, Timothy Richard Arthur→
director · ~72y · resigned 2025-02-17
Resigned

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

Mortgages & charges

5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Mortgage1 property28/02/198412/07/1994
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Mortgage1 property09/12/198024/04/2026
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Legal charge1 property27/06/198012/07/1994
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Legal charge1 property30/08/197824/04/2026
satisfied
Lloyds Banking Group
Lloyds Bank PLC
Mortgage1 property27/07/197824/04/2026

Recent filings (115 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-04-24
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-24
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-05
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2026-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-28
termination-director-company-with-name-termination-date
officers · TM01
2025-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-09
change-sail-address-company-with-new-address
address · AD02
2024-05-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-29