ASTRONAUT BILLINGHAM LTD
🌳Matureactive
04876069 · ltd · incorporated 2003-08-22
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 Mar 2025
Net worth
£978
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
PursueAsset-holding vehicle with a 69-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: medium (76/100)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
8 officers (3 active, 8 linked, 4 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £978
Net assets shrinking
Down £5,722 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£978
↓ 85% YoY
Current Assets
£17k
↓ 8.2% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £3.5k | £7.3k |
| Current assets | £17.4k | £18.9k |
| Net assets | £978 | £6.7k |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2025-12-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-04📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-04📄change-person-secretary-company-with-change-dateofficers · CH03
- 2023-12-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-12-04📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-10-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2010-05-01➕SMITH, Avril Edna appointeddirector
- 2010-05-01➖LARKIN, Jennifer resigneddirector
- 2006-12-09➖LARKIN, Edward Glyn resigneddirector
- 2006-12-09➕LARKIN, Jennifer appointeddirector
- 2004-08-21➕SMITH, Peter appointedsecretary
- 2004-08-21➖LARKIN, Jennifer resignedsecretary
- 2003-11-18➕SMITH, Peter appointeddirector
- 2003-08-26➖CF CLIENT SECRETARY LTD resignedcorporate-secretary
- 2003-08-26➖CF CLIENT DIRECTOR LTD resignedcorporate-director
- 2003-08-22🏢Company incorporatedAs ASTRONAUT BILLINGHAM LTD
- 2003-08-22➕LARKIN, Jennifer appointedsecretary
- 2003-08-22➕CF CLIENT SECRETARY LTD appointedcorporate-secretary
- 2003-08-22➕LARKIN, Edward Glyn appointeddirector
- 2003-08-22➕CF CLIENT DIRECTOR LTD appointedcorporate-director
Owner dependency
91/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
86/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
cleanNo 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 |
|---|---|---|---|---|
Mrs Avril Edna Smith Individual · British · DOB 01/1958 · age 68 | 25–50% | — | 25-50% shares | 01/12/2022 |
Mr Peter Smith Individual · British · DOB 10/1957 · age 69 | 25–50% | — | 25-50% shares | 01/08/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Hospitality · TS postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ANCHOR & COAL LTD→ 16153743 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ANDERCOTE LIMITED→ 05932558 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ANTALYA RESTAURANT NE LTD→ 16871620 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AOB FAST FOOD LTD→ 16389886 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| APP NORTH LTD→ 16421999 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARCH & ABBEY LTD→ 11179418 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ARIA RESTAURANT LTD→ 16279761 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ARMADA GUESTHOUSE (REDCAR) LIMITED→ 05557287 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ASGARD AXE HALL LIMITED→ 15495982 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ASJ HOLDINGS LTD→ 15952332 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ASSOCIATED GUEST HOUSES LIMITED→ 05977259 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ASV BRAINTREE LIMITED→ 13321449 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2003-08-22
Jurisdictionengland-wales
Primary SIC56302 — Public houses and bars
Registered office
25 Roseberry Road
Billingham
Cleveland
TS23 2SD
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-14
Last: 2025-11-30
Officers (3 active · 5 resigned)
Active
SMITH, Avril Edna→
Activedirector · ~68y · appointed 2010-05-01
View their other companies + combined net worth →
SMITH, Peter→
Activedirector · ~69y · appointed 2003-11-18
View their other companies + combined net worth →
LARKIN, Jennifer→
Resignedsecretary · appointed 2003-08-22 · resigned 2004-08-21
CF CLIENT SECRETARY LTD→
Resignedcorporate-secretary · appointed 2003-08-22 · resigned 2003-08-26
LARKIN, Edward Glyn→
Resigneddirector · ~70y · appointed 2003-08-22 · resigned 2006-12-09
LARKIN, Jennifer→
Resigneddirector · ~57y · appointed 2006-12-09 · resigned 2010-05-01
CF CLIENT DIRECTOR LTD→
Resignedcorporate-director · appointed 2003-08-22 · resigned 2003-08-26
Click a director name to see their full track record across all companies.
Recent filings (74 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
change-person-director-company-with-change-date
officers · CH01
2023-12-04
change-person-secretary-company-with-change-date
officers · CH03
2023-12-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-12-04
change-person-director-company-with-change-date
officers · CH01
2023-12-04