AUSTIN ASSET MANAGEMENT LTD

💤Zombieactive
06552966 · ltd · incorporated 2008-04-02
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 Jun 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 3.9y

35/100
under pressure

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

  • · Charge age ~3.9 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
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
7 connected companies via shared directors
66
Filing history
48 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Average employees200200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-02-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-01-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-01-01
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  5. 2023-01-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-07-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2022-07-07
    🔒
    Charge registered #1
    Lender: Metro Bank PLC
  8. 2021-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-10-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-12-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-10-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-09-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2016-08-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2016-06-21
    ➖
    MULLEN, Lillian resigned
    secretary
  17. 2016-06-21
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2008-04-21
    ➕
    AUSTIN, Nicholas Michael appointed
    director
  19. 2008-04-21
    ➕
    MULLEN, Lillian appointed
    secretary
  20. 2008-04-03
    ➖
    FORM 10 SECRETARIES FD LTD resigned
    corporate-secretary
  21. 2008-04-03
    ➖
    FORM 10 DIRECTORS FD LTD resigned
    corporate-director
  22. 2008-04-02
    🏢
    Company incorporated
    As AUSTIN ASSET MANAGEMENT LTD
  23. 2008-04-02
    ➕
    FORM 10 SECRETARIES FD LTD appointed
    corporate-secretary
  24. 2008-04-02
    ➕
    FORM 10 DIRECTORS FD LTD appointed
    corporate-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 "AUSTIN" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

78/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • 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 18 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Nicholas Michael Austin
Individual · British · DOB 06/1965 · age 61
75–100%
—75-100% shares06/04/2016

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
Incorporated2008-04-02
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

36 Bishops Way
Exeter
EX2 7PF
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-04-16
Last: 2026-04-02

Officers (1 active · 3 resigned)

AUSTIN, Nicholas Michael→
director · ~61y · appointed 2008-04-21
View their other companies + combined net worth →
Active
MULLEN, Lillian→
secretary · appointed 2008-04-21 · resigned 2016-06-21
Resigned
FORM 10 SECRETARIES FD LTD→
corporate-secretary · appointed 2008-04-02 · resigned 2008-04-03
Resigned
FORM 10 DIRECTORS FD LTD→
corporate-director · appointed 2008-04-02 · resigned 2008-04-03
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
Metro Bank
Metro Bank PLC
A registered charge—07/07/2022—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (48 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-16
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-12
change-account-reference-date-company-previous-extended
accounts · AA01
2024-01-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-13
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-06