ASKEY PRECISION ENGINEERING LIMITED
💤Zombieactive
03295047 · ltd · incorporated 1996-12-20
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
—
not disclosed
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
ALSO REGISTERED FOR
- 25620Machining
- 25990SIC 25990
Investor take
PursueActive trading company with a 81-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (70/100, director aged 81). 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).
🏦
Refinance opportunity
6 live charges · 2 lenders · oldest 28.7y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 28.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (58/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
99 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
4
filings
- • 4 mortgage
Last 180 days
7
filings
- • 5 mortgage
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (45 events)Click to expand
- 2026-04-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-22🔓Charge satisfied #5
- 2026-04-22🔓Charge satisfied #4
- 2026-04-22🔓Charge satisfied #3
- 2026-04-22🔓Charge satisfied #2
- 2026-03-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-16🔒Charge registered #6Lender: National Westminster Bank PLC
- 2026-01-26📄replacement-filing-of-director-appointment-with-nameofficers · RP01AP01
- 2025-07-08📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-07-08📄legacyaccounts · PARENT_ACC
- 2025-07-08📄legacyother · GUARANTEE2
- 2025-07-08📄legacyother · AGREEMENT2
- 2024-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-13📄legacyaccounts · PARENT_ACC
- 2024-01-13📄legacyother · GUARANTEE2
- 2024-01-13📄legacyother · AGREEMENT2
- 2023-02-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-06🔒Charge registered #5Lender: Lloyds Bank PLC
- 2022-09-30📄accounts-with-accounts-type-smallaccounts · AA
- 2021-09-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-08-15🔒Charge registered #4Lender: Lloyds Bank PLC
- 2019-04-08➖WILD, Matthew Charles resigneddirector
- 2016-07-11🔒Charge registered #3Lender: Lloyds Bank PLC
- 2016-04-12➕PARKES, Diane Leslie appointedsecretary
- 2016-04-12➕PARKES, Robert William appointeddirector
- 2016-04-12➖ASKEY, Jacqueline Ann resignedsecretary
- 2016-04-12➖ASKEY, Jacqueline Ann resigneddirector
- 2016-04-12➕WILD, Matthew Charles appointeddirector
- 2016-04-12🔒Charge registered #2Lender: Lloyds Bank PLC
- 2016-03-26🔓Charge satisfied #1
- 2015-10-01➕ASKEY, Jacqueline Ann appointeddirector
- 2015-09-30➖ASKEY, Colin Graham resigneddirector
- 1997-10-17🔒Charge registered #1Lender: Lloyds Bank PLC
- 1996-12-31➕ASKEY, Jacqueline Ann appointedsecretary
- 1996-12-31➖MIDLANDS SECRETARIAL MANAGEMENT LIMITED resignedcorporate-nominee-secretary
- 1996-12-31➖ALLSOPP, Nicholas James resignednominee-director
- 1996-12-31➕ASKEY, Colin Graham appointeddirector
- 1996-12-20🏢Company incorporatedAs ASKEY PRECISION ENGINEERING LIMITED
- 1996-12-20➕MIDLANDS SECRETARIAL MANAGEMENT LIMITED appointedcorporate-nominee-secretary
- 1996-12-20➕ALLSOPP, Nicholas James appointednominee-director
Owner dependency
90/100
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.
- +Founder age: Director aged approximately 81 — succession pressure is live.
Succession & seller-readiness
90/100
Likely off-market candidateStrong 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.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 30 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
Machined Fabrications Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Machined Fabrications Limited
Corporate parent · holds 75-100% shares
⬇
ASKEY PRECISION ENGINEERING LIMITED
This company · 03295047
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 |
|---|---|---|---|---|
Machined Fabrications Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mr Robert William Parkesceased 12/04/2016· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒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 →Similar companies
Active · Manufacturing · WS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A.T.P.ELECTRONIC DEVELOPMENTS LIMITED→ 02086001 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| APE HAMMERMAN LIMITED→ 07990254 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| APOLLO FOAM LIMITED→ 11578256 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ARCHITECTURAL ENVELOPE SOLUTIONS LTD→ 15554037 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AREEJ LONDON LIMITED→ 14581223 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ARKRITE FENCING MANUFACTURERS LIMITED→ 01145068 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
| ASH STITCH IN TIME LIMITED→ 16082165 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ATLAS CLINICAL LIMITED→ 02484180 · est 1990 · no financials extracted | — | — | — | — | 36y | — | — |
| AUMOVIO ENGINEERING SOLUTIONS LIMITED→ 03125253 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| AURA DECOR LTD→ 13840603 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AUTOGARD (U.K.) LIMITED→ 01672398 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| AUTOMATIC DOOR SOLUTIONS LTD→ 16603631 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated1996-12-20
Jurisdictionengland-wales
Primary SIC25110 — Manufacture of metal structures and parts of structures
Registered office
Presco House
Selborne Street
Walsall
WS1 2JN
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-27
Last: 2025-12-13
Officers (2 active · 6 resigned)
PARKES, Diane Leslie→
Activesecretary · appointed 2016-04-12
View their other companies + combined net worth →
PARKES, Robert William→
Activedirector · ~81y · appointed 2016-04-12
View their other companies + combined net worth →
ASKEY, Jacqueline Ann→
Resignedsecretary · appointed 1996-12-31 · resigned 2016-04-12
MIDLANDS SECRETARIAL MANAGEMENT LIMITED→
Resignedcorporate-nominee-secretary · appointed 1996-12-20 · resigned 1996-12-31
ALLSOPP, Nicholas James→
Resignednominee-director · ~68y · appointed 1996-12-20 · resigned 1996-12-31
ASKEY, Colin Graham→
Resigneddirector · ~63y · appointed 1996-12-31 · resigned 2015-09-30
ASKEY, Jacqueline Ann→
Resigneddirector · ~63y · appointed 2015-10-01 · resigned 2016-04-12
WILD, Matthew Charles→
Resigneddirector · ~68y · appointed 2016-04-12 · resigned 2019-04-08
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
1
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 16/03/2026 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 06/02/2023 | 22/04/2026 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 15/08/2019 | 22/04/2026 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 11/07/2016 | 22/04/2026 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | — | 12/04/2016 | 22/04/2026 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Debenture deed | 1 property | 17/10/1997 | 26/03/2016 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (99 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-22
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-22
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-22
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-28
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2026-01-26
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-07-08
legacy
accounts · PARENT_ACC
2025-07-08
legacy
other · GUARANTEE2
2025-07-08
legacy
other · AGREEMENT2
2025-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-13
legacy
accounts · PARENT_ACC
2024-01-13