ADVANCED SECURE TECHNOLOGIES HOLDINGS LTD
🌳Matureactive
05904997 · ltd · incorporated 2006-08-14
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
PursueDormant / non-trading with a 63-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 57/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
5 live charges · 5 lenders · oldest 19.6y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 19.6 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
98 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
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 | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Average employees | 0 | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
3
filings
- • 1 confirmation-statement
- • 1 officers
- • 1 persons-with-significant-control
Last 90 days
3
filings
- • 1 confirmation-statement
- • 1 officers
- • 1 persons-with-significant-control
Last 180 days
6
filings
- • 2 capital
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2026-05-08📄change-person-secretary-company-with-change-dateofficers · CH03
- 2026-05-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-19📄resolutionresolution · RESOLUTIONS
- 2025-12-19📄capital-alter-shares-subdivisioncapital · SH02
- 2025-12-10📄capital-allotment-sharescapital · SH01
- 2025-10-09📄resolutionresolution · RESOLUTIONS
- 2025-07-30📄capital-cancellation-sharescapital · SH06
- 2025-07-30📄capital-return-purchase-own-sharescapital · SH03
- 2025-07-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-22📄capital-return-purchase-own-sharescapital · SH03
- 2025-04-25📄resolutionresolution · RESOLUTIONS
- 2025-04-23📄capital-cancellation-sharescapital · SH06
- 2025-04-16📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2025-04-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-04-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-04-15📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2025-04-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-29📄capital-return-purchase-own-sharescapital · SH03
- 2024-10-29📄capital-return-purchase-own-sharescapital · SH03
- 2024-10-29📄capital-return-purchase-own-sharescapital · SH03
- 2024-10-10📄capital-cancellation-sharescapital · SH06
- 2024-07-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-09🔒Charge registered #5Lender: Dbw Investments (3) Limited
- 2024-01-11➖BOARDMAN, Tracey resigneddirector
- 2023-07-21➕LEE, Georgina Elizabeth appointedsecretary
- 2023-07-21➖BOARDMAN, Tracey resignedsecretary
- 2018-03-29🔒Charge registered #4Lender: Dbw Investments (14) Limited
- 2009-07-29🔒Charge registered #3Lender: Eastern Business Park LTD
- 2008-11-01➕BASSETT, Kevin appointeddirector
- 2008-09-01➖LEE, Georgina Elizabeth resignedsecretary
- 2008-08-01➕BOARDMAN, Tracey appointedsecretary
- 2006-12-01🔒Charge registered #2Lender: Finance Wales Investments (2) Limited
- 2006-11-03🔒Charge registered #1Lender: Eastern Business Park Limited
- 2006-08-14🏢Company incorporatedAs ADVANCED SECURE TECHNOLOGIES HOLDINGS LTD
- 2006-08-14➕LEE, Georgina Elizabeth appointeddirector
- 2006-08-14➕LEE, Georgina Elizabeth appointedsecretary
- 2006-08-14➕BOARDMAN, Tracey appointeddirector
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
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 20 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 20 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 low5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kevin Bassett Individual · British · DOB 04/1963 · age 63 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 11/01/2024 |
Georgina Elizabeth Lee Individual · British · DOB 06/1975 · age 51 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 11/01/2024 |
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 · Holding company · CF postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ACUITY NOMINEES LIMITED→ 04080662 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ADA RCT HOLDINGS LIMITED→ 15805750 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADENOL LTD→ 16840838 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADESFORT LIMITED→ 05084383 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| ADMIRAL'S LANDING (RESIDENTS) MANAGEMENT LIMITED→ 02381718 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| ADV HOLDINGS LTD→ 15887508 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADVENTURERS QUAY MANAGEMENT COMPANY LIMITED→ 03416869 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| ADVENTUS NOMINEES LIMITED→ 15699270 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADVOCACY & CAPACITY DEVELOPMENT ASSOCIATION LTD→ 15182892 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AERO ENGINE SERVICES (HOLDINGS) LIMITED→ 15219074 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AERON VENTURES LIMITED→ 15455576 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AFEL INDUSTRIAL COMPANY LIMITED→ 09921057 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated2006-08-14
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company
Registered office
Eastern Business Park
St Mellons
Cardiff
CF3 5EA
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-05-22
Last: 2026-05-08
Officers (3 active · 3 resigned)
LEE, Georgina Elizabeth→
Activesecretary · appointed 2023-07-21
View their other companies + combined net worth →
BASSETT, Kevin→
Activedirector · ~63y · appointed 2008-11-01
View their other companies + combined net worth →
LEE, Georgina Elizabeth→
Activedirector · ~51y · appointed 2006-08-14
View their other companies + combined net worth →
BOARDMAN, Tracey→
Resignedsecretary · appointed 2008-08-01 · resigned 2023-07-21
LEE, Georgina Elizabeth→
Resignedsecretary · appointed 2006-08-14 · resigned 2008-09-01
BOARDMAN, Tracey→
Resigneddirector · ~64y · appointed 2006-08-14 · resigned 2024-01-11
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
5
Outstanding
4
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Dbw Investments (3) Dbw Investments (3) Limited | A registered charge | 2 properties | 09/04/2024 | — | |
| outstanding | Dbw Investments (14) Dbw Investments (14) Limited | A registered charge | 2 properties | 29/03/2018 | — | |
| outstanding | Eastern Business Park Eastern Business Park LTD | Rent deposit deed | 1 property | 29/07/2009 | — | |
| outstanding | Finance Wales Investments (2) Finance Wales Investments (2) Limited | Debenture | 1 property | 01/12/2006 | — | |
| outstanding | Eastern Business Park Eastern Business Park Limited | Rent deposit deed | 1 property | 03/11/2006 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (98 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-11
change-person-secretary-company-with-change-date
officers · CH03
2026-05-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-08
resolution
resolution · RESOLUTIONS
2025-12-19
capital-alter-shares-subdivision
capital · SH02
2025-12-19
capital-allotment-shares
capital · SH01
2025-12-10
resolution
resolution · RESOLUTIONS
2025-10-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-26
capital-cancellation-shares
capital · SH06
2025-07-30
capital-return-purchase-own-shares
capital · SH03
2025-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-16
capital-return-purchase-own-shares
capital · SH03
2025-05-22
resolution
resolution · RESOLUTIONS
2025-04-25
capital-cancellation-shares
capital · SH06
2025-04-23
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2025-04-16