AASK PROPERTY DEVELOPMENTS LIMITED
💤Zombieactive
05739932 · ltd · incorporated 2006-03-13
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 Dec 2024
Net worth
£-99.2k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 64). 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).
🏦
Refinance opportunity
2 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 (70/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £99,188
Cash YoY
+0%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£2k
~ YoY
Net Worth
-£99k
~ YoY
Current Assets
£62k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £-99.2k | £-99.2k |
| Current assets | £62.4k | £62.4k |
| Cash | £2.4k | £2.4k |
| Net assets | £-99.2k | £-99.2k |
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
2
filings
- • 1 confirmation-statement
- • 1 officers
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2026-04-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-01➖WESTERN, Stephen Paul resigneddirector
- 2025-08-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-06-10📄gazette-filings-brought-up-to-dategazette · DISS40
- 2017-06-06📄gazette-notice-compulsorygazette · GAZ1
- 2016-09-12📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-29📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-03-29📄change-person-director-company-with-change-dateofficers · CH01
- 2011-07-23🔓Charge satisfied #2
- 2011-07-23🔓Charge satisfied #1
- 2007-08-01🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2006-06-16🔒Charge registered #1Lender: National Westminster Bank PLC
- 2006-03-13🏢Company incorporatedAs AASK PROPERTY DEVELOPMENTS LIMITED
- 2006-03-13➕BELCHER, Alison Victoria appointedsecretary
- 2006-03-13➕BELCHER, Andrew James appointeddirector
- 2006-03-13➕WATERLOW SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2006-03-13➖WATERLOW SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2006-03-13➕WESTERN, Stephen Paul appointeddirector
- 2006-03-13➕WATERLOW NOMINEES LIMITED appointedcorporate-nominee-director
- 2006-03-13➖WATERLOW NOMINEES LIMITED resignedcorporate-nominee-director
Owner dependency
93/100
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.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
95/100
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 64. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 20 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.)
🔒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 · Construction · RG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 2M PROPERTY SERVICES LIMITED→ 05895292 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| A BRUSH ABOVE THE REST LIMITED→ 06828623 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| A BUXEY ELECTRICAL & DATA LTD→ 03365260 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| A C BUILDING AND MAINTENANCE LIMITED→ 08461675 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| A. BRYAN BUILDERS LIMITED→ 04851205 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| A.C. BECK & SON (CONTRACTS) LIMITED→ 01319370 · est 1977 · no financials extracted | — | — | — | — | 48y | — | — |
| AA TIMBER LTD→ 09680246 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AAKRUTI PRIME PROPERTIES LTD→ 16470909 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AB ELECTRICS (BERKSHIRE) LTD→ 16714683 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AB FACILITIES MANAGEMENT LTD→ 16946217 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ABA BUILD LTD→ 14324075 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ABA GATE SOLUTIONS LIMITED→ 12007667 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2006-03-13
Jurisdictionengland-wales
Primary SIC41201 — Construction of commercial buildings
Registered office
25 Pyotts Hill, Old Basing
Basingstoke
Hampshire
RG24 8AR
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-27
Last: 2026-03-13
Officers (2 active · 3 resigned)
BELCHER, Alison Victoria→
Activesecretary · appointed 2006-03-13
View their other companies + combined net worth →
BELCHER, Andrew James→
Activedirector · ~64y · appointed 2006-03-13
View their other companies + combined net worth →
WATERLOW SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2006-03-13 · resigned 2006-03-13
WESTERN, Stephen Paul→
Resigneddirector · ~63y · appointed 2006-03-13 · resigned 2026-03-01
WATERLOW NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 2006-03-13 · resigned 2006-03-13
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Virgin Money Clydesdale Bank PLC | Legal mortgage | 1 property | 01/08/2007 | 23/07/2011 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 16/06/2006 | 23/07/2011 |
Recent filings (59 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-29
termination-director-company-with-name-termination-date
officers · TM01
2026-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-28