A.S. SHEETMETAL LIMITED

🌳Matureactive

04408519 · ltd · incorporated 2002-04-03

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 Apr 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 25990

Sector: Manufacturing

Investor take

Pursue

Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (78/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (3 active, 5 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

2 connected companies via shared directors

Filing history

72 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	5	500

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2026-01-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-04-08
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-12-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-01-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-04-10
📍
move-registers-to-sail-company-with-new-address
address · AD03
2018-04-10
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-04-10
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-04-10
📄
change-person-director-company-with-change-date
officers · CH01
2018-04-10
📄
change-person-director-company-with-change-date
officers · CH01
2018-01-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2002-04-03
🏢
Company incorporated
As A.S. SHEETMETAL LIMITED
2002-04-03
➕
MULLEN, Lynne appointed
secretary
2002-04-03
➕
MULLEN, Anthony Shaun appointed
director
2002-04-03
➕
MULLEN, Lynne appointed
director
2002-04-03
➕
SWIFT INCORPORATIONS LIMITED appointed
corporate-nominee-secretary
2002-04-03
➖
SWIFT INCORPORATIONS LIMITED resigned
corporate-nominee-secretary
2002-04-03
➕
INSTANT COMPANIES LIMITED appointed
corporate-nominee-director
2002-04-03
➖
INSTANT COMPANIES LIMITED resigned
corporate-nominee-director

Owner dependency

84/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 61 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100

Likely off-market candidate

Strong 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.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 24 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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Lynne Mullen Individual · British · DOB 08/1966 · age 60	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Anthony Shaun Mullen Individual · British · DOB 10/1965 · age 61	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

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 · DN postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
AC EXPRESS KITCHENS LTD→ 16735830 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ALLIED PROTEK ENGINEERING SOLUTIONS LIMITED→ 08355388 · est 2013 · no financials extracted	—	—	—	—	13y	—	—
ANDREWS TILING & BATHROOMS LIMITED→ 15593214 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
ARBOR FOREST PRODUCTS LIMITED→ 00501259 · est 1951 · no financials extracted	—	—	—	—	74y	—	—
ARC LABELS LIMITED→ 01711137 · est 1983 · no financials extracted	—	—	—	—	43y	—	—
ARCHFINISH LIMITED→ 16782321 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ARCTIC HEAT FUSION LTD→ 17079474 · est 2026 · no financials extracted	—	—	—	—	—	—	—
ARCTURUS (KIRTON) LIMITED→ 16021163 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ARMADEX EXPLOSION PROTECTION LTD→ 14483680 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
ARROW ENGINEERING LIMITED→ 03459686 · est 1997 · no financials extracted	—	—	—	—	28y	—	—
ARTISAN ADDISON LIMITED→ 16402115 · est 2025 · no financials extracted	—	—	—	—	—	—	—
ARTURITO LTD→ 12679024 · est 2020 · no financials extracted	—	—	—	—	5y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2002-04-03

Jurisdictionengland-wales

Primary SIC25990 — SIC 25990

Registered office

6 - 8 Polydon Park Industrial Estate

Milethorn Lane

Doncaster

DN1 2SU

England

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2027-04-17

Last: 2026-04-03

Officers (3 active · 2 resigned)

MULLEN, Lynne→

secretary · appointed 2002-04-03

View their other companies + combined net worth →

Active

MULLEN, Anthony Shaun→

director · ~61y · appointed 2002-04-03

View their other companies + combined net worth →

Active

MULLEN, Lynne→

director · ~60y · appointed 2002-04-03

View their other companies + combined net worth →

Active

SWIFT INCORPORATIONS LIMITED→

corporate-nominee-secretary · appointed 2002-04-03 · resigned 2002-04-03

Resigned

INSTANT COMPANIES LIMITED→

corporate-nominee-director · appointed 2002-04-03 · resigned 2002-04-03

Resigned

Click a director name to see their full track record across all companies.