ASPINALLS ELECTRICAL DISCOUNT LIMITED
Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
1 live charge · oldest 35.7y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 35.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £19.3k | £22.0k |
| Current assets | £84.5k | £106.8k |
| Net assets | £15.4k | £18.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (21 events)Click to expand
- 2025-06-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-07-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-06-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-04-25📄change-person-director-company-with-change-dateofficers · CH01
- 2018-04-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-04-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2017-06-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-04-20📄change-person-secretary-company-with-change-dateofficers · CH03
- 2016-06-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2004-04-27➕ASPINALL, Deborah appointedsecretary
- 2004-04-27➖ASPINALL, Martyn John resignedsecretary
- 2004-04-27➖ASPINALL, Brenda resigneddirector
- 1999-06-14➖ASPINALL, George Basil resigneddirector
- 1990-08-23🔒Charge registered #1Lender: National Westminster Bank PLC
- 1984-12-13🏢Company incorporatedAs ASPINALLS ELECTRICAL DISCOUNT LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "ASPINALL" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 41 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Martyn John Aspinall Individual · British · DOB 01/1966 · age 60 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Mrs Deborah Aspinall Individual · British · DOB 07/1973 · age 53 | 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.
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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 →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
Registered office
Filing status
Officers (2 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 23/08/1990 | — |