ASHWOOD PRODUCTS LIMITED
💤Zombieactive
07846308 · ltd · incorporated 2011-11-14
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
—
year to Nov 2024
Net worth
£132.1k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 16290
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 79/100 (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: 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
2 live charges · oldest 6.0y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.0 years old — likely at or near maturity.
- · 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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 declaredPositive net assets
Net assets £132,055
Net assets shrinking
Down £3,045 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£132k
↓ 2.3% YoY
Current Assets
£187k
↓ 13% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £151.2k | £160.4k |
| Current assets | £187.1k | £214.3k |
| Cash | — | £118.8k |
| Debtors | — | £95.5k |
| Net assets | £132.1k | £135.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-08-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-09-01📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-05-31📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-05-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-05-31📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-08-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-03-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-03-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-09-02📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-11-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-11-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-08-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-08-17🔒Charge registered #2Lender: National Westminster Bank PLC
- 2020-08-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-08-10🔒Charge registered #1Lender: National Westminster Bank PLC
- 2019-08-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2013-05-08➖WHEELWRIGHT, Christopher John resigneddirector
- 2011-11-14🏢Company incorporatedAs ASHWOOD PRODUCTS LIMITED
- 2011-11-14➕MANDEVILLE, Jamie appointeddirector
- 2011-11-14➕WHEELWRIGHT, Christopher John appointeddirector
Owner dependency
83/100
Critical — business is the founderThe 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.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. 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 15 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Jamie Mandeville Individual · British · DOB 06/1966 · age 60 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mrs Emma Charlotte Mandeville Individual · British · DOB 03/1969 · age 57 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
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 →Similar companies
Active · Manufacturing · EX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BLACK SWAN PRINTERS (DAWLISH) LTD→ 05387107 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| BRANDWOOD SASH LIMITED→ 03783115 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| BRH FABRICATION LIMITED→ 15741393 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BROOK GUITARS LIMITED→ 10188614 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BROWN BROTHERS GROUP LIMITED→ 01756257 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
| BT MARINE COMPONENTS LTD→ 16644775 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BUCKS BLASTING AND POWDER COATING LTD→ 13923021 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BURRIDGE PRINTERS LIMITED→ 08193233 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| C.J.MCMILLAN LTD→ 11504597 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CABINET STUDIOS LIMITED→ 07855089 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| CARBON COMPOST COMPANY LIMITED→ 07260592 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| CARDER TECHNOLOGY LTD→ 08454024 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
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
Incorporated2011-11-14
Jurisdictionengland-wales
Primary SIC16290 — SIC 16290
Registered office
C/O Oakleys Pitt Farm, Muxbeare Lane
Uffculme
Cullompton
EX15 3BY
England
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-28
Last: 2025-11-14
Officers (1 active · 1 resigned)
MANDEVILLE, Jamie→
Activedirector · ~60y · appointed 2011-11-14
View their other companies + combined net worth →
WHEELWRIGHT, Christopher John→
Resigneddirector · ~72y · appointed 2011-11-14 · resigned 2013-05-08
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 17/08/2020 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 10/08/2020 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (40 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-09-01
change-person-director-company-with-change-date
officers · CH01
2023-05-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-08-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-03-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-25