ASSETLIGHT LIMITED

🌳Matureactive
02458264 · ltd · incorporated 1990-01-10
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 36.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2025
Net worth
£117.6k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Asset-holding vehicle with a 81-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 81). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 36.2y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 36.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (77/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
100 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
82/100Exceptional
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
80
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 £117,604

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£118k
~ YoY
Current Assets
£85
~ YoY
Current Liabilities
—
£0£24k£47k£71k£94k£118kSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-30
Total assets£9.7k£117.6k
Current assets£85£85
Net assets£117.6k£117.6k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-10-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-09-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2025-09-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2025-09-12
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  5. 2024-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-01-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-01-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-07-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-06-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-06-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-06-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-06-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-01-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2017-06-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2016-05-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2009-01-19
    ➕
    SHAW, Jonathan appointed
    secretary
  17. 2009-01-19
    ➕
    SHAW, Jonathan appointed
    director
  18. 2009-01-19
    ➖
    ELLIOT, William resigned
    secretary
  19. 2009-01-19
    ➖
    CRABTREE, Robert Norman resigned
    director
  20. 2009-01-19
    ➖
    ELLIOT, William resigned
    director
  21. 2004-05-27
    🔓
    Charge satisfied #1
  22. 1990-04-23
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  23. 1990-01-10
    🏢
    Company incorporated
    As ASSETLIGHT LIMITED

Owner dependency

83/100
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 18 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 81 — succession pressure is live.

Succession & seller-readiness

89/100
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 81 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 37 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Stephen Wilfred Fawcett
Individual · British · DOB 09/1945 · age 81
25–50%
—25-50% shares01/01/2017
Mr Jonathan Shaw
Individual · British · DOB 01/1970 · age 56
25–50%
—25-50% shares01/01/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1990-01-10
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

The Estate Office Vickers Industrial Estate
Mellishaw Lane
Morecambe
Lancashire
LA3 3EN

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-12-19
Last: 2025-12-05

Officers (3 active · 3 resigned)

SHAW, Jonathan→
secretary · appointed 2009-01-19
View their other companies + combined net worth →
Active
FAWCETT, Stephen Wilfred→
director · ~81y
View their other companies + combined net worth →
Active
SHAW, Jonathan→
director · ~56y · appointed 2009-01-19
View their other companies + combined net worth →
Active
ELLIOT, William→
secretary · resigned 2009-01-19
Resigned
CRABTREE, Robert Norman→
director · ~90y · resigned 2009-01-19
Resigned
ELLIOT, William→
director · ~81y · resigned 2009-01-19
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property23/04/199027/05/2004

Recent filings (100 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-09-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-09-12
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2025-09-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-10
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-03