ASHOVER BUSINESS CENTRE LIMITED
Opportunity 77/100 (strong), bankability 80/100. 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. 1 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
2 live charges · oldest 18.0y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 18.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | -200 | -200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (34 events)Click to expand
- 2026-01-14📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-09-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2019-06-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-06-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-06-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-06-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-06-14📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2019-06-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-06-04➖TARBATT, Jane resignedsecretary
- 2019-06-04➖TARBATT, Jane resigneddirector
- 2019-06-04➖TARBATT, John Everad resigneddirector
- 2019-06-04➖WILLIAMS, Sarah Jane resigneddirector
- 2019-04-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-12-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2012-05-04🔓Charge satisfied #1
- 2008-12-08🔒Charge registered #2Lender: Royal Bank of Scotland PLC
- 2008-07-18🔒Charge registered #1Lender: Royal Bank of Scotland PLC
- 2008-03-18➕TARBATT, Richard John appointeddirector
- 2008-03-18➕TARBATT, Jane appointedsecretary
- 2008-03-18➖FB SECRETARY LIMITED resignedcorporate-secretary
- 2008-03-18➕TARBATT, Jane appointeddirector
- 2008-03-18➕TARBATT, John Everad appointeddirector
- 2008-03-18➕WILLIAMS, Sarah Jane appointeddirector
- 2008-03-18➖FB DIRECTOR LIMITED resignedcorporate-director
- 2008-01-10🏢Company incorporatedAs ASHOVER BUSINESS CENTRE LIMITED
- 2008-01-10➕FB SECRETARY LIMITED appointedcorporate-secretary
- 2008-01-10➕FB DIRECTOR LIMITED appointedcorporate-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 19 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
cleanGroup structure
Everad John Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Everad John Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 04/06/2019 |
2 historic (ceased) PSCs
- Mrs Jane Tarbattceased 04/06/2019· 25-50% shares
- Mr John Everad Tarbattceased 04/06/2019· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (1 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Debenture | 1 property | 08/12/2008 | — | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Legal charge | 1 property | 18/07/2008 | 04/05/2012 |