ASHWORTHY LIMITED

💤Zombieactive
05688643 · ltd · incorporated 2006-01-26
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 Mar 2025
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Other accommodation
Sector: Accommodation & food service
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

9 live charges · 2 lenders · oldest 20.0y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 20.0 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
82 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
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 accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees200200

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 (47 events)Click to expand
  1. 2025-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-09-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2024-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-12-24
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2024-12-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-12-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-11-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-08-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-06-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2022-06-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2022-06-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2022-06-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2022-06-16
    🔓
    Charge satisfied #9
  15. 2022-06-16
    🔓
    Charge satisfied #7
  16. 2022-06-16
    🔓
    Charge satisfied #6
  17. 2022-06-16
    🔓
    Charge satisfied #5
  18. 2022-01-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2022-01-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2022-01-07
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  21. 2021-08-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2020-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2020-03-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2020-02-29
    CARTER, Kathryn Joanna resigned
    director
  25. 2020-02-29
    CARTER, Paul Jonathan resigned
    director
  26. 2020-02-28
    CARTER, Stuart appointed
    director
  27. 2016-04-01
    CARTER, Kathryn Joanna appointed
    director
  28. 2012-05-30
    🔓
    Charge satisfied #4
  29. 2012-05-30
    🔓
    Charge satisfied #3
  30. 2012-05-30
    🔓
    Charge satisfied #2
  31. 2012-05-30
    🔓
    Charge satisfied #1
  32. 2012-05-24
    🔒
    Charge registered #9
    Lender: Hsbc Bank PLC
  33. 2012-05-24
    🔒
    Charge registered #8
    Lender: Hsbc Bank PLC
  34. 2012-05-24
    🔒
    Charge registered #7
    Lender: Hsbc Bank PLC
  35. 2012-05-24
    🔒
    Charge registered #6
    Lender: Hsbc Bank PLC
  36. 2012-03-27
    🔒
    Charge registered #5
    Lender: Hsbc Bank PLC
  37. 2009-02-25
    🔒
    Charge registered #4
    Lender: National Westminster Bank PLC
  38. 2009-01-21
    🔒
    Charge registered #3
    Lender: National Westminster Bank PLC
  39. 2008-02-06
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  40. 2006-07-31
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  41. 2006-03-01
    CARTER, Kathryn Joanna appointed
    secretary
  42. 2006-03-01
    HILLIER, Janet Elizabeth resigned
    secretary
  43. 2006-03-01
    HILLIER, Janet Elizabeth resigned
    director
  44. 2006-01-26
    🏢
    Company incorporated
    As ASHWORTHY LIMITED
  45. 2006-01-26
    HILLIER, Janet Elizabeth appointed
    secretary
  46. 2006-01-26
    CARTER, Paul Jonathan appointed
    director
  47. 2006-01-26
    HILLIER, Janet Elizabeth appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 20 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
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Kathryn Joanna Carter
Individual · British · DOB 12/1965 · age 61
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Paul Jonathan Carter
Individual · British · DOB 07/1960 · age 66
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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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
Incorporated2006-01-26
Jurisdictionengland-wales
Primary SIC55900 — Other accommodation

Registered office

12b George Street
Bath
BA1 2EH
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-25
Last: 2025-12-11

Officers (2 active · 4 resigned)

CARTER, Kathryn Joanna
secretary · appointed 2006-03-01
View their other companies + combined net worth →
Active
CARTER, Stuart
director · ~42y · appointed 2020-02-28
View their other companies + combined net worth →
Active
HILLIER, Janet Elizabeth
secretary · appointed 2006-01-26 · resigned 2006-03-01
Resigned
CARTER, Kathryn Joanna
director · ~61y · appointed 2016-04-01 · resigned 2020-02-29
Resigned
CARTER, Paul Jonathan
director · ~66y · appointed 2006-01-26 · resigned 2020-02-29
Resigned
HILLIER, Janet Elizabeth
director · ~68y · appointed 2006-01-26 · resigned 2006-03-01
Resigned

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

Mortgages & charges

9
Total charges
1
Outstanding
1
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
satisfied
HSBC
Hsbc Bank PLC
Legal mortgage1 property24/05/201216/06/2022
outstanding
HSBC
Hsbc Bank PLC
Legal mortgage1 property24/05/2012
satisfied
HSBC
Hsbc Bank PLC
Legal mortgage1 property24/05/201216/06/2022
satisfied
HSBC
Hsbc Bank PLC
Legal mortgage1 property24/05/201216/06/2022
satisfied
HSBC
Hsbc Bank PLC
Debenture1 property27/03/201216/06/2022
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property25/02/200930/05/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property21/01/200930/05/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property06/02/200830/05/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property31/07/200630/05/2012
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (82 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-24
change-person-secretary-company-with-change-date
officers · CH03
2024-12-24
change-person-director-company-with-change-date
officers · CH01
2024-12-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-14
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-16
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-16