ASDEN LIMITED
Opportunity 73/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: strategic trade sale (63/100).
Refinance opportunity
1 live charge · oldest 25.9y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 25.9 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.
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 102| Metric | 2025-03-31 | 2024-03-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
- • 3 officers
- • 1 confirmation-statement
Corporate timeline (37 events)Click to expand
- 2026-02-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-15➖BUTLER, David Michael resigneddirector
- 2026-02-15➖SEROTA, Kenneth, Mr. resigneddirector
- 2026-02-15➖STRAUS, John resigneddirector
- 2025-12-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-12-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-09➕SHERMAN, Michael Joshua appointeddirector
- 2024-12-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-05-31➕PELUSE, Mark, Mr. appointedsecretary
- 2024-05-31➕SHERMAN, Michael, Mr. appointedsecretary
- 2024-05-31➕SEROTA, Kenneth, Mr. appointeddirector
- 2024-05-31➖SPROAT, Dave resigneddirector
- 2024-05-31📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-05-31📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-05-31📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-12-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-11-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-03-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-12-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-01-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-12-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-11-05➖SEGAL, Alan Julian resignedsecretary
- 2018-11-05➕BUTLER, David Michael appointeddirector
- 2018-11-05➖SEGAL, Alan Julian resigneddirector
- 2018-11-05➖SEGAL, Marilyn Joy resigneddirector
- 2018-11-05➕SPROAT, Dave appointeddirector
- 2018-11-05➕STRAUS, John appointeddirector
- 2007-03-31➖MOORE, David resignedsecretary
- 2007-03-31➕SEGAL, Alan Julian appointedsecretary
- 2006-08-04🔓Charge satisfied #1
- 2000-07-21🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1997-04-21➕SEGAL, Marilyn Joy appointeddirector
- 1987-11-12🏢Company incorporatedAs ASDEN LIMITED
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: BUTLER, David Michael resigned 2026-02-15; SEROTA, Kenneth, Mr. resigned 2026-02-15; STRAUS, John resigned 2026-02-15
Group structure
Astek Innovations Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Astek Innovations Limited Corporate entity | 75–100% | — | 75-100% shares | 15/04/2017 |
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 (3 active · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 21/07/2000 | 04/08/2006 |