ASPEN CONCEPTS LIMITED
📈Growthactive
06019393 · ltd · incorporated 2006-12-05
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Manufacture of other builders' carpentry and joinery
Sector: Manufacturing
ALSO REGISTERED FOR
- 31010Manufacture of office and shop furniture
- 31090Manufacture of other furniture
- 43320Joinery installation
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (85/100).
🏦
Refinance opportunity
8 live charges · 7 lenders · oldest 19.2y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 19.2 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 33/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 7 with DOB)
84
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
104 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £863,029
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 | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Profit before tax | £863.0k | £123.3k |
| Average employees | 14000 | 13300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
1
filing
- • 1 confirmation-statement
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (51 events)Click to expand
- 2025-12-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-19➖MALCOLM, David Luke resigneddirector
- 2025-11-19➖ORAM, Stephen George resigneddirector
- 2025-11-19➖SMITH, Allison resigneddirector
- 2025-05-20📄accounts-with-accounts-type-fullaccounts · AA
- 2025-03-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-03-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-03-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-12-24📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-24📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-24📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-30📄accounts-with-accounts-type-fullaccounts · AA
- 2023-09-28📄accounts-with-accounts-type-fullaccounts · AA
- 2022-09-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-09-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-09-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-09-22🔓Charge satisfied #5
- 2020-06-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-09-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-06-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-06-21🔒Charge registered #8Lender: Metro Bank PLC
- 2017-04-20🔓Charge satisfied #6
- 2017-04-20🔓Charge satisfied #4
- 2017-04-20🔓Charge satisfied #3
- 2017-03-21🔒Charge registered #7Lender: Sme Invoice Finance Limited
- 2016-03-14➕ARNOLD, Neil appointeddirector
- 2015-05-11➖JOHNSON, Chris resigneddirector
- 2015-05-11➕MALCOLM, David Luke appointeddirector
- 2014-06-26🔓Charge satisfied #1
- 2014-01-08🔒Charge registered #6Lender: Svenska Handelsbanken Ab (Publ)
- 2012-06-08🔒Charge registered #5Lender: Universities Superannuation Scheme Limited
- 2010-11-23➖WATSON, Alastair Charles resignedsecretary
- 2010-11-23➕ORAM, Stephen George appointeddirector
- 2010-11-23➕SMITH, Allison appointeddirector
- 2010-11-23➖WATSON, Alastair Charles resigneddirector
- 2009-07-31🔓Charge satisfied #2
- 2009-02-18🔒Charge registered #4Lender: Bibby Financial Services Limited
- 2007-09-14🔒Charge registered #3Lender: Universities Superannuation Scheme Limited
- 2007-07-27🔒Charge registered #2Lender: Lloyds Tsb Commercial Finance Limited
- 2007-05-01🔒Charge registered #1Lender: National Westminster Bank PLC
- 2007-03-09➖NQH (CO SEC) LIMITED resignedcorporate-secretary
- 2007-03-09➖NQH LIMITED resignedcorporate-director
- 2007-03-08➕SMITH, Richard Ian appointeddirector
- 2007-03-08➕WATSON, Alastair Charles appointedsecretary
- 2007-03-08➕JOHNSON, Chris appointeddirector
- 2007-03-08➕WATSON, Alastair Charles appointeddirector
- 2006-12-05🏢Company incorporatedAs ASPEN CONCEPTS LIMITED
- 2006-12-05➕NQH (CO SEC) LIMITED appointedcorporate-secretary
Showing most recent 50 of 51 events
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 19 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
69/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 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
2 med ·3 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: MALCOLM, David Luke resigned 2025-11-19; ORAM, Stephen George resigned 2025-11-19; SMITH, Allison resigned 2025-11-19
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Gwen Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Gwen Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
ASPEN CONCEPTS LIMITED
This company · 06019393
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Gwen Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 04/04/2017 |
Mr Richard Ian Smith Individual · British · DOB 03/1967 · age 59 | — | — | sig. influencesignificant influence | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Allison Smithceased 12/08/2024· 75-100% shares · 75-100% voting
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 · Manufacturing · SN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AGILE VEHICLE TECHNOLOGIES LIMITED→ 09189617 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ANYTHING STONE UK LIMITED→ 05136360 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| APD CARPENTRY & PROPERTY SERVICES LTD→ 15502413 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ARCHIPELAGO ONLINE LTD→ 15597528 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ARCHITECTURAL OAK LIMITED→ 05285813 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ASF CREATIVE LTD→ 16802568 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ASPEN RETAIL INTERIORS LIMITED→ 04840978 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| AST DIGITAL SOLUTIONS LTD→ 12333846 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ATHENA MINIATURES LIMITED→ 09506066 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ATHOM DESIGN LIMITED→ 04825617 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| ATLAS ROBOTICS UK LIMITED→ 16399146 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ATS DIGITAL SOLUTIONS LIMITED→ 14900307 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2006-12-05
Jurisdictionengland-wales
Primary SIC16230 — Manufacture of other builders' carpentry and joinery
Registered office
Unit 4 Callenders
Paddington Drive
Swindon
SN5 7YW
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-06-17
Last: 2026-06-03
Officers (2 active · 8 resigned)
ARNOLD, Neil→
Activedirector · ~45y · appointed 2016-03-14
View their other companies + combined net worth →
SMITH, Richard Ian→
Activedirector · ~59y · appointed 2007-03-08
View their other companies + combined net worth →
WATSON, Alastair Charles→
Resignedsecretary · appointed 2007-03-08 · resigned 2010-11-23
NQH (CO SEC) LIMITED→
Resignedcorporate-secretary · appointed 2006-12-05 · resigned 2007-03-09
JOHNSON, Chris→
Resigneddirector · ~72y · appointed 2007-03-08 · resigned 2015-05-11
MALCOLM, David Luke→
Resigneddirector · ~59y · appointed 2015-05-11 · resigned 2025-11-19
ORAM, Stephen George→
Resigneddirector · ~65y · appointed 2010-11-23 · resigned 2025-11-19
SMITH, Allison→
Resigneddirector · ~63y · appointed 2010-11-23 · resigned 2025-11-19
WATSON, Alastair Charles→
Resigneddirector · ~57y · appointed 2007-03-08 · resigned 2010-11-23
NQH LIMITED→
Resignedcorporate-director · appointed 2006-12-05 · resigned 2007-03-09
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
2
Outstanding
2
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Metro Bank Metro Bank PLC | A registered charge | 1 property | 21/06/2019 | — | |
| outstanding | Sme Invoice Finance Sme Invoice Finance Limited | A registered charge | 1 property | 21/03/2017 | — | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 08/01/2014 | 20/04/2017 | |
| satisfied | Universities Superannuation Scheme Universities Superannuation Scheme Limited | Rent deposit deed | 1 property | 08/06/2012 | 22/09/2020 | |
| satisfied | Bibby Financial Services Bibby Financial Services Limited | Debenture | 1 property | 18/02/2009 | 20/04/2017 | |
| satisfied | Universities Superannuation Scheme Universities Superannuation Scheme Limited | Rent deposit deed | 1 property | 14/09/2007 | 20/04/2017 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Debenture | 1 property | 27/07/2007 | 31/07/2009 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 01/05/2007 | 26/06/2014 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (104 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-21
termination-director-company-with-name-termination-date
officers · TM01
2025-12-23
termination-director-company-with-name-termination-date
officers · TM01
2025-12-23
termination-director-company-with-name-termination-date
officers · TM01
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-17
accounts-with-accounts-type-full
accounts · AA
2025-05-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-03-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-21
change-person-director-company-with-change-date
officers · CH01
2024-12-24
change-person-director-company-with-change-date
officers · CH01
2024-12-24
change-person-director-company-with-change-date
officers · CH01
2024-12-24
accounts-with-accounts-type-full
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-10
accounts-with-accounts-type-full
accounts · AA
2023-09-28