ASH RESOURCE MANAGEMENT (CAMBRIAN QUARRY) LIMITED

🌳Matureactive
06937530 · ltd · incorporated 2009-06-18
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
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Turnover
year to Mar 2025
Net worth
£-235.3k
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: SIC 38320
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -54% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 11.7y

45/100
under pressure

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

  • · Oldest live charge is 11.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (84/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (5 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
19 connected companies via shared directors
90
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £235,268
Cash draining
Cash down 54% YoY
Cash YoY
-54%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£7k
↓ 54% YoY
Net Worth
-£235k
↓ 182% YoY
Current Assets
£18k
↓ 53% YoY
Current Liabilities
-£235k-£181k-£126k-£71k-£17k£38kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£-235.3k£-83.4k
Current assets£17.8k£37.9k
Cash£7.1k£15.5k
Debtors£10.7k£22.4k
Net assets£-235.3k£-83.4k

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
2
filings
  • 1 mortgage
  • 1 confirmation-statement
Last 90 days
2
filings
  • 1 mortgage
  • 1 confirmation-statement
Last 180 days
3
filings
  • 1 mortgage
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-05-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-05-14
    🔓
    Charge satisfied #1
  3. 2025-12-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2024-12-06
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2023-12-19
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2022-12-08
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2021-12-17
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2021-10-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2021-01-09
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2021-01-01
    KIRK, Matthew Gareth appointed
    director
  11. 2019-12-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2018-12-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2018-04-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2018-04-12
    FRAY, Jonathan Peter appointed
    director
  15. 2017-12-20
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2016-12-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2016-09-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2016-08-30
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  19. 2015-03-01
    DENNAN, John appointed
    director
  20. 2014-09-08
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  21. 2009-06-18
    🏢
    Company incorporated
    As ASH RESOURCE MANAGEMENT (CAMBRIAN QUARRY) LIMITED
  22. 2009-06-18
    HAYCOCK, Steven Lea appointed
    secretary
  23. 2009-06-18
    HASSALL, Neil Alan D'Arcy appointed
    director
  24. 2009-06-18
    STEPHENS, Graham Robertson appointed
    director
  25. 2009-06-18
    STEPHENS, Graham Robertson resigned
    director

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

83/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 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.)

Group structure

Ash Group (Uk) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Ash Group (Uk) Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
ASH RESOURCE MANAGEMENT (CAMBRIAN QUARRY) LIMITED
This company · 06937530

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%
NameSharesVoting rightsNature of controlNotified
Ash Group (Uk) Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Alan's Skip Hire Ltdceased 06/04/2016· 75-100% shares · 75-100% voting · board control

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
Incorporated2009-06-18
Jurisdictionengland-wales
Primary SIC38320 — SIC 38320

Registered office

The Mill
Morton
Oswestry
Shropshire
SY10 8BH

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-05-18
Last: 2026-05-04

Officers (5 active · 1 resigned)

HAYCOCK, Steven Lea
secretary · appointed 2009-06-18
View their other companies + combined net worth →
Active
DENNAN, John
director · ~70y · appointed 2015-03-01
View their other companies + combined net worth →
Active
FRAY, Jonathan Peter
director · ~52y · appointed 2018-04-12
View their other companies + combined net worth →
Active
HASSALL, Neil Alan D'Arcy
director · ~51y · appointed 2009-06-18
View their other companies + combined net worth →
Active
KIRK, Matthew Gareth
director · ~53y · appointed 2021-01-01
View their other companies + combined net worth →
Active
STEPHENS, Graham Robertson
director · ~76y · appointed 2009-06-18 · resigned 2009-06-18
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
A registered charge30/08/2016
satisfied
Barclays
Barclays Bank PLC
A registered charge08/09/201414/05/2026
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (49 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-06
accounts-with-accounts-type-small
accounts · AA
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-06
accounts-with-accounts-type-small
accounts · AA
2024-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-07
accounts-with-accounts-type-small
accounts · AA
2023-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-09
accounts-with-accounts-type-small
accounts · AA
2022-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-05
accounts-with-accounts-type-small
accounts · AA
2021-12-17
appoint-person-director-company-with-name-date
officers · AP01
2021-10-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-04
accounts-with-accounts-type-small
accounts · AA
2021-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-06