5 ASH PLASTERING LIMITED

💤Zombieactive
05852743 · ltd · incorporated 2006-06-20
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 May 2025
Net worth
£22.9k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Plastering
Sector: Construction
Investor take
Pursue
Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 19.7y

45/100
under pressure

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

  • · Oldest live charge is 19.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (69/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
55 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 declared
Positive net assets
Net assets £22,902

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
£23k
Current Assets
£19k
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-31
Total assets£22.9k
Current assets£18.7k
Net assets£22.9k

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-04-22
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  2. 2025-06-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-01-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-12-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-02-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-01-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2021-02-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-02-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-01-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-07-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2018-03-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-02-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-08-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2016-02-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-07-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-02-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2010-10-11
    ➖
    WINDEBANK, Gary Maurice James resigned
    secretary
  18. 2007-05-28
    ➖
    FIVEASH, Tina resigned
    secretary
  19. 2007-05-28
    ➕
    WINDEBANK, Gary Maurice James appointed
    secretary
  20. 2006-10-02
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  21. 2006-07-03
    ➕
    FIVEASH, Tina appointed
    secretary
  22. 2006-07-03
    ➖
    MCILWAIN, Susan Florence resigned
    secretary
  23. 2006-06-20
    🏢
    Company incorporated
    As 5 ASH PLASTERING LIMITED
  24. 2006-06-20
    ➕
    FIVEASH, Richard George appointed
    director
  25. 2006-06-20
    ➕
    MCILWAIN, Susan Florence appointed
    secretary

Owner dependency

100/100
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
  • +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.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

88/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 20 years.
  • 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Richard George Fiveash
Individual · British · DOB 12/1959 · age 67
——sig. influencesignificant influence · trust interest · firm interest06/04/2018

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2006-06-20
Jurisdictionengland-wales
Primary SIC43310 — Plastering

Registered office

47 Crawley Court
West Street
Gravesend
Kent
DA11 0BE

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-07-04
Last: 2025-06-20

Officers (1 active · 3 resigned)

FIVEASH, Richard George→
director · ~67y · appointed 2006-06-20
View their other companies + combined net worth →
Active
FIVEASH, Tina→
secretary · appointed 2006-07-03 · resigned 2007-05-28
Resigned
MCILWAIN, Susan Florence→
secretary · appointed 2006-06-20 · resigned 2006-07-03
Resigned
WINDEBANK, Gary Maurice James→
secretary · appointed 2007-05-28 · resigned 2010-10-11
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property02/10/2006—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (55 total)

change-account-reference-date-company-previous-shortened
accounts · AA01
2026-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-22
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-04