A. S. D. WHOLESALE LIMITED
💤Zombieactive
03120735 · ltd · incorporated 1995-11-01
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 Apr 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 46342
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 61-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 57/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (53/100).
🏦
Refinance opportunity
13 live charges · 5 lenders · oldest 27.6y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 27.6 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
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
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 1 with DOB)
77
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
95 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Average employees | 3400 | 3400 |
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 (42 events)Click to expand
- 2025-12-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2016-08-16📄accounts-with-accounts-type-fullaccounts · AA
- 2016-04-25📄change-person-director-company-with-change-dateofficers · CH01
- 2016-04-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2015-11-03📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-07-09🔓Charge satisfied #4
- 2008-09-25🔒Charge registered #13Lender: Bank Fo Scotland PLC
- 2008-05-23🔓Charge satisfied #9
- 2008-05-23🔓Charge satisfied #8
- 2008-05-23🔓Charge satisfied #7
- 2008-05-23🔓Charge satisfied #6
- 2008-03-31🔒Charge registered #12Lender: Bank of Scotland PLC
- 2008-03-31🔒Charge registered #11Lender: Bank of Scotland PLC
- 2008-03-12🔒Charge registered #10Lender: Bank of Scotland PLC
- 2007-09-20🔓Charge satisfied #5
- 2007-05-23🔒Charge registered #9Lender: National Westminster Bank PLC
- 2006-12-29🔒Charge registered #8Lender: Asd Retirement Benefit Scheme
- 2006-04-12🔒Charge registered #7Lender: National Westminster Bank PLC
- 2005-12-08🔓Charge satisfied #2
- 2005-10-27🔒Charge registered #6Lender: National Westminster Bank PLC
- 2005-10-27🔓Charge satisfied #3
- 2005-10-27🔓Charge satisfied #1
- 2005-07-29🔒Charge registered #5Lender: National Westminster Bank PLC
- 2005-06-13🔒Charge registered #4Lender: National Westminster Bank PLC
- 2003-06-23🔒Charge registered #3Lender: Barclays Bank PLC
- 2000-02-11🔒Charge registered #2Lender: Barclays Bank PLC
- 1998-12-08🔒Charge registered #1Lender: Barclays Bank PLC
- 1995-11-01🏢Company incorporatedAs A. S. D. WHOLESALE LIMITED
- 1995-11-01➕EATON, Christopher Allan appointedsecretary
- 1995-11-01➕SEAMAN, Steven appointeddirector
- 1995-11-01➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 1995-11-01➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
Owner dependency
93/100
Critical — business is the founderThe 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.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- 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 31 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
A.S.D. Wh Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
A.S.D. Wh Holdings Limited
Corporate parent · holds 75-100% shares
⬇
A. S. D. WHOLESALE LIMITED
This company · 03120735
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 |
|---|---|---|---|---|
A.S.D. Wh Holdings Limited Corporate entity | 75–100% | — | 75-100% shares | 14/09/2016 |
1 historic (ceased) PSC
- Mr Steven Seamanceased 02/11/2017· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · NG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A R PLUMBING&HEATINGSPECIALISTS LTD→ 13911977 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| A. ROSE (NEWARK) LIMITED→ 00455603 · est 1948 · no financials extracted | — | — | — | — | 77y | — | — |
| A&R TRADE UK LIMITED→ 15913603 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALEXISGOLD LIMITED→ 04056470 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ALPI INVESTMENT LTD→ 16063627 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AMAZING TRADING LIMITED→ 14594390 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AMUSEMENT PROCUREMENT LIMITED→ 02951259 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| ANNICK LTD→ 15902056 · est 2024 | — | — | £41.8k | — | 1y | — | — |
| ANZ EXPORTS UK LTD→ 16209205 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AOH TRADERS LTD→ 16303113 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AP BATTERIES LIMITED→ 07826253 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| APEX COMMERCE ONLINE LTD→ 16204608 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated1995-11-01
Jurisdictionengland-wales
Primary SIC46342 — SIC 46342
Registered office
Brookside Way
Huthwaite
Sutton In Ashfield
Nottinghamshire
NG17 2NL
United Kingdom
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-11-15
Last: 2025-11-01
Officers (2 active · 1 resigned)
EATON, Christopher Allan→
Activesecretary · appointed 1995-11-01
View their other companies + combined net worth →
SEAMAN, Steven→
Activedirector · ~61y · appointed 1995-11-01
View their other companies + combined net worth →
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1995-11-01 · resigned 1995-11-01
Click a director name to see their full track record across all companies.
Mortgages & charges
13
Total charges
4
Outstanding
2
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Bank Fo Scotland Bank Fo Scotland PLC | Assignment of keyman life policy | 1 property | 25/09/2008 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Legal charge | 1 property | 31/03/2008 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Legal charge | 1 property | 31/03/2008 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Debenture | 1 property | 12/03/2008 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 23/05/2007 | 23/05/2008 | |
| satisfied | Asd Retirement Benefit Scheme | Legal charge | 1 property | 29/12/2006 | 23/05/2008 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 12/04/2006 | 23/05/2008 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 27/10/2005 | 23/05/2008 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge over licensed premises | 1 property | 29/07/2005 | 20/09/2007 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 13/06/2005 | 09/07/2010 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 23/06/2003 | 27/10/2005 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 11/02/2000 | 08/12/2005 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 08/12/1998 | 27/10/2005 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (95 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-04
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-25
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-01
confirmation-statement-with-updates
confirmation-statement · CS01
2020-11-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-09
confirmation-statement-with-updates
confirmation-statement · CS01
2019-11-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-14
confirmation-statement-with-updates
confirmation-statement · CS01
2018-11-05