DRILLING SOLUTIONS INTERNATIONAL LIMITED

🌳Matureactive
02790340 · ltd · incorporated 1993-02-16
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 29.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£191.9k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 06100
Sector: Mining & quarrying
Investor take
Pursue
Asset-holding vehicle with a 67-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 29.6y

85/100
ready

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

  • · Oldest live charge is 29.6 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
9 officers (3 active, 9 linked, 5 with DOB)
81
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
89 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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 · FRS 105 (micro)
Positive net assets
Net assets £191,895
Net assets shrinking
Down £10,130 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£192k
↓ 5.0% YoY
Current Assets
£611k
↓ 11% YoY
Current Liabilities
—
£0£137k£273k£410k£547k£683kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-02-282024-02-29
Total assets£584.7k£664.3k
Current assets£610.8k£683.5k
Net assets£191.9k£202.0k

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2025-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-11-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-12-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-12-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2016-07-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-02-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-12-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-02-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-11-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-02-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2011-11-23
    🔓
    Charge satisfied #1
  17. 2005-10-30
    ➕
    ASTLEFORD, John Thomas appointed
    secretary
  18. 2005-10-30
    ➖
    ASTLEFORD, Peter David resigned
    secretary
  19. 2004-02-24
    ➕
    ASTLEFORD, John Thomas appointed
    director
  20. 2000-11-10
    ➖
    ASTLEFORD, John Thomas resigned
    director
  21. 1997-04-28
    ➕
    ASTLEFORD, Peter David appointed
    secretary
  22. 1997-04-28
    ➖
    OLD JEWRY SECRETARIAL LIMITED resigned
    corporate-secretary
  23. 1996-12-23
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  24. 1995-07-18
    ➕
    ASTLEFORD, Sharon Jane appointed
    director
  25. 1994-08-17
    ➖
    CORNISH, Martin William resigned
    secretary
  26. 1994-08-17
    ➕
    OLD JEWRY SECRETARIAL LIMITED appointed
    corporate-secretary
  27. 1994-08-17
    ➕
    ASTLEFORD, John Thomas appointed
    director
  28. 1994-08-17
    ➖
    CORNISH, Martin William resigned
    director
  29. 1994-08-17
    ➖
    DUNCAN, Sarah Christina resigned
    director
  30. 1993-02-16
    🏢
    Company incorporated
    As DRILLING SOLUTIONS INTERNATIONAL LIMITED
  31. 1993-02-16
    ➕
    CORNISH, Martin William appointed
    secretary
  32. 1993-02-16
    ➕
    CORNISH, Martin William appointed
    director
  33. 1993-02-16
    ➕
    DUNCAN, Sarah Christina appointed
    director

Owner dependency

91/100
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 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
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 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 33 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 John Astleford
Individual · British · DOB 08/1959 · age 67
25–50%
25–50%25-50% shares · 25-50% voting · firm interest06/04/2016
Mrs Sharon Astleford
Individual · British · DOB 08/1969 · age 57
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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

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
Incorporated1993-02-16
Jurisdictionengland-wales
Primary SIC06100 — SIC 06100

Registered office

Ye Olde Manor House 8 Newark
Road Bassingham
Lincoln
Lincolnshire
LN5 9HA

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-01
Last: 2026-02-15

Officers (3 active · 6 resigned)

ASTLEFORD, John Thomas→
secretary · appointed 2005-10-30
View their other companies + combined net worth →
Active
ASTLEFORD, John Thomas→
director · ~67y · appointed 2004-02-24
View their other companies + combined net worth →
Active
ASTLEFORD, Sharon Jane→
director · ~57y · appointed 1995-07-18
View their other companies + combined net worth →
Active
ASTLEFORD, Peter David→
secretary · appointed 1997-04-28 · resigned 2005-10-30
Resigned
CORNISH, Martin William→
secretary · appointed 1993-02-16 · resigned 1994-08-17
Resigned
OLD JEWRY SECRETARIAL LIMITED→
corporate-secretary · appointed 1994-08-17 · resigned 1997-04-28
Resigned
ASTLEFORD, John Thomas→
director · ~67y · appointed 1994-08-17 · resigned 2000-11-10
Resigned
CORNISH, Martin William→
director · ~71y · appointed 1993-02-16 · resigned 1994-08-17
Resigned
DUNCAN, Sarah Christina→
director · ~56y · appointed 1993-02-16 · resigned 1994-08-17
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
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Debenture1 property23/12/199623/11/2011

Recent filings (89 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-15
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-15
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-19
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-02-15