ASSETBUY LIMITED

🌳Matureactive
02244617 · ltd · incorporated 1988-04-15
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
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
81/100
Exceptional
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Dormant / non-trading with a 71-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (72/100)

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
Confirmed no charges registered
85
Directors & officers
13 officers (5 active, 13 linked, 11 with DOB)
87
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
4 connected companies via shared directors
57
Filing history
113 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 address
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-02-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-09-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-07-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-12-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-11-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-11-04
    ➕
    SMALLWOOD, Martin David appointed
    director
  7. 2021-11-04
    ➖
    NEWBOUND, John Hooson resigned
    director
  8. 2021-11-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2021-11-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2021-04-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2020-06-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2019-09-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2018-05-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2017-09-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2016-11-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2015-10-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-09-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2006-05-10
    ➕
    HIGGS, Benjamin Grant appointed
    director
  19. 2006-05-10
    ➖
    WELSH, Raymond John resigned
    director
  20. 2006-05-10
    ➖
    WILLIAMS, David resigned
    director
  21. 2006-04-10
    ➕
    YOUNG, Daniel appointed
    director
  22. 2005-04-25
    ➖
    KIRK, Judith resigned
    director
  23. 2005-04-25
    ➕
    NEWBOUND, John Hooson appointed
    director
  24. 2001-02-03
    ➕
    KIRK, Judith appointed
    director
  25. 2001-02-03
    ➖
    QUINN, Kevin Joseph resigned
    director
  26. 1996-09-27
    ➖
    CLEARY, Mary Angela resigned
    director
  27. 1996-09-27
    ➕
    QUINN, Kevin Joseph appointed
    director
  28. 1994-07-25
    ➖
    KALMEIER, Derek Kenneth resigned
    director
  29. 1994-07-25
    ➕
    WILLIAMS, David appointed
    director
  30. 1994-03-27
    ➕
    HUGHES, David Anthony appointed
    secretary
  31. 1994-03-27
    ➖
    CLEARY, Mary Angela resigned
    secretary
  32. 1988-04-15
    🏢
    Company incorporated
    As ASSETBUY LIMITED

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

90/100
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 71 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 38 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
🔒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
Incorporated1988-04-15
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company

Registered office

Exchange Building Apt 2
43 New Street
Penzance
TR18 2LZ
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-09
Last: 2025-09-25

Officers (5 active · 8 resigned)

HUGHES, David Anthony→
secretary · appointed 1994-03-27
View their other companies + combined net worth →
Active
HIGGS, Benjamin Grant→
director · ~39y · appointed 2006-05-10
View their other companies + combined net worth →
Active
HUGHES, David Anthony→
director · ~71y
View their other companies + combined net worth →
Active
SMALLWOOD, Martin David→
director · ~65y · appointed 2021-11-04
View their other companies + combined net worth →
Active
YOUNG, Daniel→
director · ~41y · appointed 2006-04-10
View their other companies + combined net worth →
Active
CLEARY, Mary Angela→
secretary · resigned 1994-03-27
Resigned
CLEARY, Mary Angela→
director · ~97y · resigned 1996-09-27
Resigned
KALMEIER, Derek Kenneth→
director · ~70y · resigned 1994-07-25
Resigned
KIRK, Judith→
director · ~69y · appointed 2001-02-03 · resigned 2005-04-25
Resigned
NEWBOUND, John Hooson→
director · ~86y · appointed 2005-04-25 · resigned 2021-11-04
Resigned
QUINN, Kevin Joseph→
director · ~76y · appointed 1996-09-27 · resigned 2001-02-03
Resigned
WELSH, Raymond John→
director · ~85y · resigned 2006-05-10
Resigned
WILLIAMS, David→
director · ~94y · appointed 1994-07-25 · resigned 2006-05-10
Resigned

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

Recent filings (113 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-25
accounts-with-accounts-type-dormant
accounts · AA
2025-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-26
accounts-with-accounts-type-dormant
accounts · AA
2024-07-10
accounts-with-accounts-type-dormant
accounts · AA
2023-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-27
accounts-with-accounts-type-dormant
accounts · AA
2022-11-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-27
termination-director-company-with-name-termination-date
officers · TM01
2021-11-04
appoint-person-director-company-with-name-date
officers · AP01
2021-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-27
accounts-with-accounts-type-dormant
accounts · AA
2021-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-28
accounts-with-accounts-type-dormant
accounts · AA
2020-06-16