ASHPALM LIMITED

🌳Matureactive

01799734 · ltd · incorporated 1984-03-14

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

75/100

Strong

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What this business does

Primary activity: Development of building projects

Sector: Construction

Investor take

Pursue

Active trading company with a 83-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (83/100, director aged 83). Biggest value-creation lever: Consolidate lender relationships. 9 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (53/100).

🏦

Refinance opportunity

24 live charges · 9 lenders · oldest 45.8y

25/100

too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

· Oldest live charge is 45.8 years old — likely at or near maturity.
· 9 lenders named — inter-creditor friction likely.
· Legal-friction score 50/100 (high).

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

Lenders & charges

24 charges (24/24 with lender, 24/24 with type)

Directors & officers

7 officers (2 active, 7 linked, 4 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

3 connected companies via shared directors

Filing history

163 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

75/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Average employees	2	200

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

filings

Last 90 days

filings

• 1 confirmation-statement
• 1 officers

Last 180 days

filings

• 1 confirmation-statement
• 1 officers

Counts from Companies House filing history.

Corporate timeline (68 events)Click to expand

2026-06-09
📄
change-person-director-company-with-change-date
officers · CH01
2025-12-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-01
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-04-08
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-04-08
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-04-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-04-08
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2020-04-06
➖
COLLINS, Andrew Seymour resigned
secretary
2020-04-06
➖
COLLINS, Andrew Seymour resigned
director
2020-03-20
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2020-02-05
➕
HORSLEY, Caroline Marie Sibylle appointed
director
2020-02-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-12-24
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2018-10-05
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-05-09
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2018-04-30
➕
COLLINS, Andrew Seymour appointed
secretary
2018-04-30
➖
LAYTONS SECRETARIES LIMITED resigned
corporate-secretary
2001-06-08
🔒
Charge registered #24
Lender: Barclays Bank PLC
2001-06-05
➖
COLLINS, Andrew Seymour resigned
secretary
2001-06-05
➕
LAYTONS SECRETARIES LIMITED appointed
corporate-secretary
2000-05-30
🔒
Charge registered #23
Lender: Barclays Bank PLC
1997-09-08
🔓
Charge satisfied #18
1997-09-08
🔓
Charge satisfied #17
1997-09-08
🔓
Charge satisfied #15
1997-08-01
🔒
Charge registered #22
Lender: Nationwide Building Society
1997-08-01
🔒
Charge registered #21
Lender: National Westminster Bank PLC
1997-08-01
🔒
Charge registered #20
Lender: Nationwide Building Society
1995-04-04
🔒
Charge registered #19
Lender: Caroline Marie Sybil Horsley
1994-02-01
🔓
Charge satisfied #14
1994-02-01
🔓
Charge satisfied #13
1994-02-01
🔓
Charge satisfied #11
1994-02-01
🔓
Charge satisfied #10
1994-02-01
🔓
Charge satisfied #9
1994-02-01
🔓
Charge satisfied #8
1994-02-01
🔓
Charge satisfied #7
1994-02-01
🔓
Charge satisfied #6
1994-02-01
🔓
Charge satisfied #4
1994-02-01
🔓
Charge satisfied #1
1994-02-01
🔓
Charge satisfied #5
1993-11-09
🔓
Charge satisfied #12
1993-09-17
🔓
Charge satisfied #16
1993-06-15
➖
HUNT, James Simon Wallis resigned
director
1990-12-11
🔒
Charge registered #18
Lender: Barclays Bank PLC
1990-12-11
🔒
Charge registered #17
Lender: Barclays Bank PLC
1989-08-14
🔒
Charge registered #16
Lender: Lloyds Bank PLC

Showing most recent 50 of 68 events

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 42 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 83 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100

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 83 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 42 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 42 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 · 1 low

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.

8 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Caroline Marie Sibylle Horsley Individual · British · DOB 06/1952 · age 74	25–50%	25–50%	25-50% shares · 25-50% voting	22/02/2020
Mr Anthony Gareth Horsley Individual · British · DOB 10/1943 · age 83	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

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 · Construction · BA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
A W CRAY LIMITED→ 04937951 · est 2003 · no financials extracted	—	—	—	—	22y	—	—
ASHCOMBE DEVELOPMENTS LIMITED→ 01146809 · est 1973 · no financials extracted	—	—	—	—	52y	—	—
ASHLEY PROPERTY DEVELOPMENTS LIMITED→ 11317443 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
ASHMIL ENTERPRISES (YEOVIL) LTD→ 09981134 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
ASHMORE PROPERTY DEVELOPMENT LIMITED→ 15973401 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ASHTON BUILDING CONTRACTORS LIMITED→ 02432298 · est 1989 · no financials extracted	—	—	—	—	36y	—	—
ASPIRE BATH LTD→ 15386912 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
ASRS (YEOVIL) LIMITED→ 04505430 · est 2002 · no financials extracted	—	—	—	—	23y	—	—
ASSURED DEMOLITION (SOUTH WEST) LIMITED→ 06023728 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
AURA PLUMBING AND RENOVATION LIMITED→ 16077805 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
AURCAM CONSTRUCTION LIMITED→ 08955245 · est 2014 · no financials extracted	—	—	—	—	12y	—	—
AUSTIN DEVELOPMENTS SOUTH WEST LIMITED→ 11823124 · est 2019 · no financials extracted	—	—	—	—	7y	—	—

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

🔒Tailored diligence questions

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 →

🔒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

Incorporated1984-03-14

Jurisdictionengland-wales

Primary SIC41100 — Development of building projects

Registered office

4 Portway

Bratton

Westbury

BA13 4SZ

United Kingdom

Filing status

Accounts

Next due: 2026-12-29

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-10

Last: 2026-03-27

Officers (2 active · 5 resigned)

HORSLEY, Anthony Gareth→

director · ~83y · appointed 1984-03-14

View their other companies + combined net worth →

Active

HORSLEY, Caroline Marie Sibylle→

director · ~74y · appointed 2020-02-05

View their other companies + combined net worth →

Active

COLLINS, Andrew Seymour→

secretary · appointed 2018-04-30 · resigned 2020-04-06

Resigned

COLLINS, Andrew Seymour→

secretary · resigned 2001-06-05

Resigned

LAYTONS SECRETARIES LIMITED→

corporate-secretary · appointed 2001-06-05 · resigned 2018-04-30

Resigned

COLLINS, Andrew Seymour→

director · ~82y · appointed 1984-03-14 · resigned 2020-04-06

Resigned

HUNT, James Simon Wallis→

director · ~79y · resigned 1993-06-15

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:24 of 24 shown

		Type	Properties
outstanding	Barclays Barclays Bank PLC	Legal charge	2 properties	08/06/2001	—
outstanding	Barclays Barclays Bank PLC	Legal charge	1 property	30/05/2000	—
outstanding	Nationwide Nationwide Building Society	Legal charge	1 property	01/08/1997	—
outstanding	National Westminster Bank National Westminster Bank PLC	Legal charge	1 property	01/08/1997	—
outstanding	Nationwide Nationwide Building Society	Debenture	1 property	01/08/1997	—
outstanding	Caroline Marie Sybil Horsley	Debenture	1 property	04/04/1995	—
satisfied	Barclays Barclays Bank PLC	Legal charge	2 properties	11/12/1990	08/09/1997
satisfied	Barclays Barclays Bank PLC	Floating charge	1 property	11/12/1990	08/09/1997
satisfied	Lloyds Banking Group Lloyds Bank PLC	Legal charge	3 properties	14/08/1989	17/09/1993
satisfied	Lloyds Banking Group Lloyds Bank PLC	Legal charge	1 property	14/08/1989	08/09/1997
satisfied	Lloyds Banking Group Lloyds Bank PLC	Mortgage	1 property	22/12/1988	01/02/1994
satisfied	Property Lending Trust . Property Lending Trust PLC.	Legal charge	1 property	05/01/1988	01/02/1994
satisfied	Allied Dunbar Assurance Allied Dunbar Assurance PLC	Legal charge and floating charge	1 property	04/12/1987	09/11/1993
satisfied	Lloyds Banking Group Lloyds Bank PLC	Conveyance	1 property	23/10/1987	01/02/1994
satisfied	Lloyds Banking Group Lloyds Bank PLC	Transfer	1 property	27/07/1987	01/02/1994
satisfied	Lloyds Banking Group Lloyds Bank PLC	Legal charge	1 property	06/05/1987	01/02/1994
satisfied	Lloyds Banking Group Lloyds Bank PLC	Legal charge	1 property	30/12/1986	01/02/1994
satisfied	Lloyds Banking Group Lloyds Bank PLC	Legal charge	1 property	19/12/1986	01/02/1994
satisfied	Lloyds Banking Group Lloyds Bank PLC	Legal charge	1 property	13/08/1986	01/02/1994
satisfied	Lloyds Banking Group Lloyds Bank PLC	Legal charge	2 properties	29/04/1986	01/02/1994
outstanding	Allied Dunbar Assurance Allied Dunbar Assurance PLC	Legal charge	2 properties	14/10/1985	—
outstanding	Dansave Developments Dansave Developments Limited	Charge	1 property	05/09/1985	—
satisfied	Lloyds Banking Group Lloyds Bank PLC	Legal charge	1 property	25/06/1984	01/02/1994
satisfied	Norwich General Trust . Norwich General Trust Limited.	Legal charge & further charge dated 28.5.82	2 properties	19/09/1980	01/02/1994

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (163 total)

confirmation-statement-with-updates

confirmation-statement · CS01

2026-06-09

change-person-director-company-with-change-date

officers · CH01

2026-06-09