ASLET LTD
💤Zombieactive
04294569 · ltd · incorporated 2001-09-27
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 Sept 2025
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
PursueActive trading company with a 77-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 77). 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).
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
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
85
Few red flags.
Signal strength
90
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 | 2025-09-30 | 2024-09-30 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (22 events)Click to expand
- 2025-10-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-09-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-09-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-09-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-29📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-27➕COLTON, Kathleen appointeddirector
- 2024-11-27➖COLTON, Robert Malcolm resigneddirector
- 2024-10-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-05-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-10-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-10-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-01-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-11-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-10-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-12-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-04-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-05-16📄change-person-director-company-with-change-dateofficers · CH01
- 2008-10-29➕COLTON, Robert Malcolm appointeddirector
- 2008-10-29➖SNOOK, Alan resigneddirector
- 2001-09-27🏢Company incorporatedAs ASLET LTD
- 2001-09-27➕SUTTON MCGRATH LIMITED appointedcorporate-secretary
- 2001-09-27➕SNOOK, Alan appointeddirector
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 77 — succession pressure is live.
Succession & seller-readiness
75/100
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 77 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Kathleen Colton Individual · British · DOB 05/1949 · age 77 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 27/11/2024 |
1 historic (ceased) PSC
- Mr Robert Malcolm Coltonceased 27/11/2024· 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.
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|---|---|---|---|---|---|---|---|
| A TASTE OF ARABIA LIMITED→ 15496889 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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| ARDSLEY 1956 LIMITED→ 08755821 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ASADIFY X LIMITED→ 15638132 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ASENSA LTD→ 11281889 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ASHFIELD AROMATHERAPY LIMITED→ 02869309 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| ASK4 INTEGRATED SERVICES LIMITED→ 11848101 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ASPHALTIC ROOFING SUPPLIES LIMITED→ 02160393 · est 1987 · no financials extracted | — | — | — | — | 38y | — | — |
| ASSESS TO SUPPORT LIMITED→ 14466095 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ASSOCIATION OF SUBCONTRACTORS LTD→ 13253160 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ASTERIA PRESS LLP→ OC449205 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2001-09-27
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999
Registered office
Sutton Mcgrath Limited
5 Westbrook Court
Sharrow Vale Road Sheffield
South Yorkshire
S11 8YZ
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-10-11
Last: 2025-09-27
Officers (2 active · 2 resigned)
SUTTON MCGRATH LIMITED→
Activecorporate-secretary · appointed 2001-09-27
View their other companies + combined net worth →
COLTON, Kathleen→
Activedirector · ~77y · appointed 2024-11-27
View their other companies + combined net worth →
COLTON, Robert Malcolm→
Resigneddirector · ~85y · appointed 2008-10-29 · resigned 2024-11-27
SNOOK, Alan→
Resigneddirector · ~91y · appointed 2001-09-27 · resigned 2008-10-29
Click a director name to see their full track record across all companies.
Recent filings (63 total)
accounts-with-accounts-type-dormant
accounts · AA
2025-10-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-30
termination-director-company-with-name-termination-date
officers · TM01
2025-09-30
appoint-person-director-company-with-name-date
officers · AP01
2025-09-29
accounts-with-accounts-type-dormant
accounts · AA
2024-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-27
accounts-with-accounts-type-dormant
accounts · AA
2024-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-27
accounts-with-accounts-type-dormant
accounts · AA
2022-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-27
accounts-with-accounts-type-dormant
accounts · AA
2021-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-28
accounts-with-accounts-type-dormant
accounts · AA
2021-01-07