AASA & PARTNERS LIMITED

💤Zombieactive
05935303 · ltd · incorporated 2006-09-14
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
not disclosed
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (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: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

5 live charges · 2 lenders · oldest 18.7y

30/100
under pressure

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

  • · Oldest live charge is 18.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (59/100)

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
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-02-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-09-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2023-09-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-11-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-10-18
    CARLSSON, Lars Erik resigned
    director
  9. 2021-10-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2021-01-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-01-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-02-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-07-25
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  16. 2016-07-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2013-04-03
    🔓
    Charge satisfied #5
  18. 2013-04-03
    🔓
    Charge satisfied #4
  19. 2013-04-03
    🔓
    Charge satisfied #2
  20. 2012-05-11
    🔒
    Charge registered #5
    Lender: Svenska Handelsbanken Ab (Publ)
  21. 2011-08-11
    🔒
    Charge registered #4
    Lender: Svenska Handelsbanken Ab (Publ)
  22. 2010-12-09
    🔒
    Charge registered #3
    Lender: Svenska Handelsbanken Ab (Publ)
  23. 2010-12-09
    🔒
    Charge registered #2
    Lender: Svenska Handelsbanken Ab (Publ)
  24. 2007-09-20
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  25. 2006-09-14
    🏢
    Company incorporated
    As AASA & PARTNERS LIMITED
  26. 2006-09-14
    AASA, Christoffer Olof Ake appointed
    secretary
  27. 2006-09-14
    AASA, Christoffer Olof Ake appointed
    director
  28. 2006-09-14
    CARLSSON, Lars Erik appointed
    director

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.
  • +Founder name in company name: Company name contains director surname "AASA" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
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.
  • 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

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
Mr Christoffer Olof Ake Aasa
Individual · Swedish · DOB 05/1981 · age 45
5075%
50–75%50-75% shares · 50-75% voting01/06/2016
Mrs Kate Aasa
Individual · British · DOB 10/1984 · age 42
2550%
25–50%25-50% shares · 25-50% voting01/10/2022

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
Incorporated2006-09-14
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects

Registered office

Harwood House
43 Harwood Road
London
SW6 4QP

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-09-25
Last: 2025-09-11

Officers (2 active · 1 resigned)

AASA, Christoffer Olof Ake
secretary · appointed 2006-09-14
View their other companies + combined net worth →
Active
AASA, Christoffer Olof Ake
director · ~45y · appointed 2006-09-14
View their other companies + combined net worth →
Active
CARLSSON, Lars Erik
director · ~84y · appointed 2006-09-14 · resigned 2021-10-18
Resigned

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

Mortgages & charges

5
Total charges
2
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
satisfied
Svenska Handelsbanken Ab (Publ)
Legal mortgage1 property11/05/201203/04/2013
satisfied
Svenska Handelsbanken Ab (Publ)
Deed of legal mortgage1 property11/08/201103/04/2013
outstanding
Svenska Handelsbanken Ab (Publ)
Mortgage debenture1 property09/12/2010
satisfied
Svenska Handelsbanken Ab (Publ)
Legal mortgage1 property09/12/201003/04/2013
outstanding
Virgin Money
Clydesdale Bank PLC
Legal mortgage1 property20/09/2007
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (59 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-09-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-09-11
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-23
termination-director-company-with-name-termination-date
officers · TM01
2021-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-18