ASPRAY INTERNATIONAL LIMITED
🌳Matureactive
03850539 · ltd · incorporated 1999-09-24
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 51210
Sector: Transportation & storage
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 77/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 13.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 13.7 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: high (84/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
16 officers (2 active, 16 linked, 13 with DOB)
86
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
111 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
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 | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 0 | 0 |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (57 events)Click to expand
- 2025-09-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-09-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-07-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-10🔓Charge satisfied #4
- 2023-09-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-01-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-10-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-10-06🔒Charge registered #4Lender: Sme Invoice Finance Limited
- 2022-08-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-08-18🔓Charge satisfied #1
- 2021-09-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-09-29📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-08-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-08-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-08-04🔓Charge satisfied #3
- 2021-08-04🔓Charge satisfied #2
- 2021-02-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-12-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-10-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-05-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2019-03-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-03-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-03-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-03-05➕BUSHELL, Lee Oscar appointeddirector
- 2019-03-05➕HORTON, Jessica Mary appointeddirector
- 2019-03-05➖LAIGHT, Roy Patrick resigneddirector
- 2019-03-05🔒Charge registered #3Lender: Bullamasay Xl Limited
- 2018-12-31➖LAIGHT, Stuart John resigneddirector
- 2018-06-29🔒Charge registered #2Lender: Shawbrook Bank Limited
- 2017-11-17➖EMMERSON, Ian David resigneddirector
- 2017-11-17➖GADSDEN, Andrew Carl resigneddirector
- 2017-11-17➖POUND, Michaela resigneddirector
- 2017-01-17➖SAUNDERS, Martin Royston Jerome resignedsecretary
- 2017-01-17➕EMMERSON, Ian David appointeddirector
- 2017-01-17➕GADSDEN, Andrew Carl appointeddirector
- 2017-01-17➖SAUNDERS, Martin Royston Jerome resigneddirector
- 2016-10-01➕POUND, Michaela appointeddirector
- 2016-09-30➖SHANNON, Gavin resigneddirector
- 2016-07-31➖BARCLAY, Ian resigneddirector
- 2016-01-04➕SHANNON, Gavin appointeddirector
- 2015-06-30➖BONE, Stuart John resigneddirector
- 2012-10-30🔒Charge registered #1Lender: Lloyds Tsb Bank PLC
- 2012-08-03➖WILKINSON, Ian Raymond resigneddirector
- 2010-12-31➖LAVENDER, John Richard resignedsecretary
- 2010-05-05➕SAUNDERS, Martin Royston Jerome appointedsecretary
- 2010-05-05➕BARCLAY, Ian appointeddirector
- 2010-05-05➕BONE, Stuart John appointeddirector
- 2010-05-05➕LAIGHT, Stuart John appointeddirector
- 2010-05-05➕SAUNDERS, Martin Royston Jerome appointeddirector
- 2010-05-05➕WILKINSON, Ian Raymond appointeddirector
Showing most recent 50 of 57 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 27 years old and no new directors in the last 3 years — succession not yet being planned internally.
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
Nationworld Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Nationworld Limited
Corporate parent · holds 75-100% shares · board control
⬇
ASPRAY INTERNATIONAL LIMITED
This company · 03850539
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 |
|---|---|---|---|---|
Nationworld Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 05/03/2019 |
2 historic (ceased) PSCs
- Mr Roy Patrick Laightceased 05/03/2019· significant influence · firm interest
- Mr Stuart John Laightceased 31/12/2018· 25-50% shares · significant influence
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 · Transport & logistics · WV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A. W. BAXTER LIMITED→ 02722423 · est 1992 · no financials extracted | — | — | — | — | 33y | — | — |
| APM HAULAGE LTD→ 12516164 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ARIK LTD→ 13554042 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ARIYA COURIER SERVICES LTD→ 11455670 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ARSH TRANSPORT U.K. LTD→ 14995332 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARTTEM LTD→ 15710124 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARYAN HAULAGE LTD→ 16647964 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AS TRANSFORCE LTD→ 16515921 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ASBESTOS MASTERS LTD→ 14454037 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ASG INDUSTRIES LIMITED→ 08157248 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ASHLEON LIMITED→ 08929920 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ASHMORE LOGISTICS UK LTD→ 16964114 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1999-09-24
Jurisdictionengland-wales
Primary SIC51210 — SIC 51210
Registered office
Nationworld House
Noose Lane
Willenhall
West Midlands
WV13 3AP
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-01
Last: 2025-09-17
Officers (2 active · 14 resigned)
BUSHELL, Lee Oscar→
Activedirector · ~45y · appointed 2019-03-05
View their other companies + combined net worth →
HORTON, Jessica Mary→
Activedirector · ~44y · appointed 2019-03-05
View their other companies + combined net worth →
BEARD, Damian Paul→
Resignedsecretary · appointed 1999-09-24 · resigned 2000-08-17
LAVENDER, John Richard→
Resignedsecretary · appointed 2000-08-17 · resigned 2010-12-31
SAUNDERS, Martin Royston Jerome→
Resignedsecretary · appointed 2010-05-05 · resigned 2017-01-17
BARCLAY, Ian→
Resigneddirector · ~66y · appointed 2010-05-05 · resigned 2016-07-31
BONE, Stuart John→
Resigneddirector · ~57y · appointed 2010-05-05 · resigned 2015-06-30
EMMERSON, Ian David→
Resigneddirector · ~65y · appointed 2017-01-17 · resigned 2017-11-17
GADSDEN, Andrew Carl→
Resigneddirector · ~58y · appointed 2017-01-17 · resigned 2017-11-17
JONES, Kevin Andrew Hadley→
Resigneddirector · ~69y · appointed 1999-09-24 · resigned 2000-08-17
LAIGHT, Roy Patrick→
Resigneddirector · ~85y · appointed 2000-08-17 · resigned 2019-03-05
LAIGHT, Stuart John→
Resigneddirector · ~56y · appointed 2010-05-05 · resigned 2018-12-31
POUND, Michaela→
Resigneddirector · ~58y · appointed 2016-10-01 · resigned 2017-11-17
SAUNDERS, Martin Royston Jerome→
Resigneddirector · ~64y · appointed 2010-05-05 · resigned 2017-01-17
SHANNON, Gavin→
Resigneddirector · ~65y · appointed 2016-01-04 · resigned 2016-09-30
WILKINSON, Ian Raymond→
Resigneddirector · ~55y · appointed 2010-05-05 · resigned 2012-08-03
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Sme Invoice Finance Sme Invoice Finance Limited | A registered charge | 1 property | 06/10/2022 | 10/07/2024 | |
| satisfied | Bullamasay Xl Bullamasay Xl Limited | A registered charge | 1 property | 05/03/2019 | 04/08/2021 | |
| satisfied | Shawbrook Shawbrook Bank Limited | A registered charge | — | 29/06/2018 | 04/08/2021 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Deed of admission to an omnibus guarantee and set-off agreement dated 16 february 2009 and | 1 property | 30/10/2012 | 18/08/2022 |
Recent filings (111 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-24
accounts-with-accounts-type-dormant
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-18
accounts-with-accounts-type-dormant
accounts · AA
2024-09-26
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-20
accounts-with-accounts-type-dormant
accounts · AA
2023-09-29
accounts-with-accounts-type-dormant
accounts · AA
2023-01-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-10-13
mortgage-satisfy-charge-full
mortgage · MR04
2022-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-04
accounts-with-accounts-type-dormant
accounts · AA
2021-09-30
change-account-reference-date-company-previous-shortened
accounts · AA01
2021-09-29
mortgage-satisfy-charge-full
mortgage · MR04
2021-08-04