A.S.C. METALS LIMITED

🌳Matureactive
01450113 · ltd · incorporated 1979-09-24
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.
🔒Estimated value
—
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Turnover
—
year to Oct 2024
Net worth
£6.72M
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (78/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 41.6y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 41.6 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
128 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
70
Strong succession / seller-readiness signals.
Risk profile
85
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 £6,717,093
Net assets shrinking
Down £155,080 YoY
Cash YoY
-3%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£3.6m
↓ 3.0% YoY
Net Worth
£6.7m
↓ 2.3% YoY
Current Assets
£8.6m
↓ 8.6% YoY
Current Liabilities
—
£0£1.9m£3.8m£5.7m£7.6m£9.4mOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£6.89M£6.99M
Current assets£8.63M£9.45M
Cash£3.58M£3.69M
Debtors£3.02M£3.24M
Net assets£6.72M£6.87M

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-06-24
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  2. 2024-04-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2023-05-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2022-04-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2021-07-02
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2021-03-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2020-12-13
    ➕
    WILKINSON, Liam Eric appointed
    director
  8. 2020-06-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2019-06-14
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2018-03-15
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2017-04-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2016-03-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2016-02-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-04-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2015-02-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-03-13
    📄
    accounts-with-made-up-date
    accounts · AA
  17. 2000-10-09
    🔒
    Charge registered #4
    Lender: The Trustees of the Asc Metals Limited Retirement Benefits Scheme Beingphilip Arthur Wilkinson Green Norton Towcester and Hornbuckle Mitchell Trustees LTD
  18. 2000-04-18
    ➕
    KOVACS, Stephanie appointed
    secretary
  19. 2000-04-18
    ➖
    WILKINSON, Jacqueline Mary resigned
    secretary
  20. 2000-02-18
    🔓
    Charge satisfied #3
  21. 1998-01-30
    ➕
    WILKINSON, Jacqueline Mary appointed
    secretary
  22. 1998-01-30
    ➖
    WILKINSON, Philip Arthur resigned
    secretary
  23. 1998-01-30
    ➖
    HOOLE, Anthony Baron Wilson resigned
    director
  24. 1998-01-30
    🔒
    Charge registered #3
    Lender: Asc Metals Lincoln Limited
  25. 1997-12-20
    🔓
    Charge satisfied #1
  26. 1997-03-25
    🔓
    Charge satisfied #2
  27. 1995-10-31
    ➖
    HOOLE, Eileen Rose resigned
    director
  28. 1995-10-31
    ➖
    WILKINSON, Jacqueline Mary resigned
    director
  29. 1991-08-29
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  30. 1984-10-29
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  31. 1979-09-24
    🏢
    Company incorporated
    As A.S.C. METALS LIMITED

Owner dependency

81/100
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 age: Director aged approximately 72 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
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 72 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 47 years old and no new directors in the last 3 years — succession not yet being planned internally.

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 Philip Arthur Wilkinson
Individual · British · DOB 04/1954 · age 72
75–100%
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 →

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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
Incorporated1979-09-24
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade

Registered office

Unit 3, Jackdaw Close
Crow Lane Industrial Park
Northamptonshire
NN3 9ER

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-02-22
Last: 2026-02-08

Officers (3 active · 5 resigned)

KOVACS, Stephanie→
secretary · appointed 2000-04-18
View their other companies + combined net worth →
Active
WILKINSON, Liam Eric→
director · ~43y · appointed 2020-12-13
View their other companies + combined net worth →
Active
WILKINSON, Philip Arthur→
director · ~72y
View their other companies + combined net worth →
Active
WILKINSON, Jacqueline Mary→
secretary · appointed 1998-01-30 · resigned 2000-04-18
Resigned
WILKINSON, Philip Arthur→
secretary · resigned 1998-01-30
Resigned
HOOLE, Anthony Baron Wilson→
director · ~84y · resigned 1998-01-30
Resigned
HOOLE, Eileen Rose→
director · ~89y · resigned 1995-10-31
Resigned
WILKINSON, Jacqueline Mary→
director · ~65y · resigned 1995-10-31
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
The Trustees of the Asc Metals Retirement Benefits Scheme Beingphilip Arthur Wilkinson Green Norton Towcester and Hornbuckle Mitchell Trustees
The Trustees of the Asc Metals Limited Retirement Benefits Scheme Beingphilip Arthur Wilkinson Green Norton Towcester and Hornbuckle Mitchell Trustees LTD
Debenture1 property09/10/2000—
satisfied
Asc Metals Lincoln
Asc Metals Lincoln Limited
Loan note instrument for £250,0001 property30/01/199818/02/2000
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property29/08/199125/03/1997
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property29/10/198420/12/1997
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (128 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-16
accounts-with-accounts-type-medium
accounts · AA
2025-06-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-11
accounts-with-accounts-type-full
accounts · AA
2024-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-20
accounts-with-accounts-type-full
accounts · AA
2023-05-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-08
accounts-with-accounts-type-full
accounts · AA
2022-04-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-14
accounts-with-accounts-type-full
accounts · AA
2021-07-02
appoint-person-director-company-with-name-date
officers · AP01
2021-03-15
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-15
accounts-with-accounts-type-full
accounts · AA
2020-06-19
confirmation-statement-with-updates
confirmation-statement · CS01
2020-02-12
accounts-with-accounts-type-full
accounts · AA
2019-06-14