ASGARD ENGINEERING LIMITED
Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (65/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
5 live charges · 3 lenders · oldest 16.3y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 16.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £598.8k | £562.2k |
| Current assets | £437.0k | £317.2k |
| Cash | £161.6k | £94.5k |
| Debtors | £166.5k | £73.8k |
| Net assets | £369.6k | £288.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 2 mortgage
- • 1 confirmation-statement
Corporate timeline (45 events)Click to expand
- 2026-03-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-23🔓Charge satisfied #5
- 2026-03-23🔓Charge satisfied #4
- 2025-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-14🔒Charge registered #5Lender: Barclays Security Trustee Limited
- 2024-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-09-02🔒Charge registered #4Lender: Barclays Security Trustee Limited
- 2021-08-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-08-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-08-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-08-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-08-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-08-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-08-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-08-02🔓Charge satisfied #2
- 2021-07-30➕YORKE-ROBINSON, Christine Helen Anne appointeddirector
- 2021-07-30➕YORKE-ROBINSON, Steven appointeddirector
- 2021-07-30➖BECKETT, Angela resigneddirector
- 2021-07-30➖HAMPTON, Ian Philip resigneddirector
- 2021-07-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-06-21🔓Charge satisfied #1
- 2018-03-20➕BECKETT, Angela appointeddirector
- 2015-02-28🔓Charge satisfied #3
- 2015-02-04🔒Charge registered #3Lender: National Westminster Bank PLC
- 2015-01-22🔒Charge registered #2Lender: National Westminster Bank PLC
- 2010-04-16➖HAMPTON, Angela Barbara resignedsecretary
- 2010-03-22🔒Charge registered #1Lender: Lombard North Central PLC
- 2009-04-22➖HAMPTON, Angela Barbara resigneddirector
- 2005-04-30➕HAMPTON, Angela Barbara appointedsecretary
- 2005-04-30➖MOSS, Barbara Dorothy resignedsecretary
- 2005-04-30➕HAMPTON, Ian Philip appointeddirector
- 2000-04-17🏢Company incorporatedAs ASGARD ENGINEERING LIMITED
- 2000-04-17➕MOSS, Barbara Dorothy appointedsecretary
- 2000-04-17➕TEMPLE SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2000-04-17➖TEMPLE SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2000-04-17➕HAMPTON, Angela Barbara appointeddirector
- 2000-04-17➕COMPANY DIRECTORS LIMITED appointedcorporate-nominee-director
- 2000-04-17➖COMPANY DIRECTORS LIMITED resignedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 26 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Pressure Tech Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Pressure Tech Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 30/07/2021 |
2 historic (ceased) PSCs
- Mjolnir Assets Ltdceased 30/07/2021· 75-100% shares · 75-100% voting
- Mr Ian Philip Hamptonceased 30/06/2018· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · SK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ANS SURFACE REPAIRS LIMITED→ 14470379 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| APS VENTILATION SERVICES LIMITED→ 17027016 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ARCHIVD CARBON LTD→ 16559929 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARDEN CONTROLS & ELECTRICAL LIMITED→ 01507421 · est 1980 · no financials extracted | — | — | — | — | 45y | — | — |
| ASHLYNE FABRICATIONS LIMITED→ 03959793 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| ASSER OAKES ENGINEERING LIMITED→ 05301636 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ASSER OAKES LIMITED→ 05301634 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ASTRO ANTENNA LIMITED→ 09183589 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ASTRON SYSTEMS LTD→ 13346875 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ASW ELECTRICAL & ENGINEERING LTD→ 16177684 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ATKINSON TECHNICAL GROUP LIMITED→ 03926257 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| ATOM SCIENTIFIC LTD→ 07250030 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 7 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Security Trustee Limited | A registered charge | — | 14/05/2025 | 23/03/2026 | |
| satisfied | Barclays Barclays Security Trustee Limited | A registered charge | — | 02/09/2021 | 23/03/2026 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 04/02/2015 | 28/02/2015 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 22/01/2015 | 02/08/2021 | |
| satisfied | Lombard North Central Lombard North Central PLC | Chattel mortgage | 1 property | 22/03/2010 | 21/06/2021 |