ASSOCIATED SEALANTS LIMITED

💤Zombieactive
02489289 · ltd · incorporated 1990-04-05
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: SIC 45190
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 65). 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: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (76/100)

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
8 officers (2 active, 8 linked, 3 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
94 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Average employees-100

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

🔒Filing-note intelligence

2 signals 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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-06-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2023-06-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-04-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-10-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-05-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-04-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2019-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-08-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-09-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2016-09-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-08-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-08-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2014-09-09
    ABBOTT, Alison appointed
    secretary
  17. 2014-08-09
    ABBOTT, W resigned
    secretary
  18. 2009-03-31
    ABBOTT, Julie resigned
    secretary
  19. 2009-03-31
    ABBOTT, W appointed
    secretary
  20. 1995-09-24
    ABBOTT, Julie appointed
    secretary
  21. 1995-09-15
    ABBOTT, Terence Edward resigned
    secretary
  22. 1995-09-13
    ABBOTT, Terence Edward appointed
    director
  23. 1995-09-13
    ABBOTT, Winefred Ivy resigned
    director
  24. 1993-05-14
    ABBOTT, Terence Edward appointed
    secretary
  25. 1993-05-14
    CRAWLEY, Martin Alan resigned
    secretary
  26. 1993-05-14
    ABBOTT, Winefred Ivy appointed
    director
  27. 1993-05-14
    EASTELL, Wendy resigned
    director
  28. 1990-04-05
    🏢
    Company incorporated
    As ASSOCIATED SEALANTS LIMITED

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

95/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 36 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Terence Edward Abbott
Individual · British · DOB 07/1961 · age 65
75100%
75-100% shares01/07/2016

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

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
Incorporated1990-04-05
Jurisdictionengland-wales
Primary SIC45190 — SIC 45190

Registered office

Suite G04 1 Quality Court, Chancery Lane
London
WC2A 1HR
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-22
Last: 2025-08-08

Officers (2 active · 6 resigned)

ABBOTT, Alison
secretary · appointed 2014-09-09
View their other companies + combined net worth →
Active
ABBOTT, Terence Edward
director · ~65y · appointed 1995-09-13
View their other companies + combined net worth →
Active
ABBOTT, Julie
secretary · appointed 1995-09-24 · resigned 2009-03-31
Resigned
ABBOTT, Terence Edward
secretary · appointed 1993-05-14 · resigned 1995-09-15
Resigned
ABBOTT, W
secretary · appointed 2009-03-31 · resigned 2014-08-09
Resigned
CRAWLEY, Martin Alan
secretary · resigned 1993-05-14
Resigned
ABBOTT, Winefred Ivy
director · ~93y · appointed 1993-05-14 · resigned 1995-09-13
Resigned
EASTELL, Wendy
director · ~64y · resigned 1993-05-14
Resigned

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

Recent filings (94 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-21
change-person-director-company-with-change-date
officers · CH01
2023-06-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-04-20