ADVANCED SYSTEMS UNDERSTANDING LTD

⚰️Wound downliquidation
08077295 · ltd · incorporated 2012-05-21
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
year to Mar 2025
Net worth
£403.1k
book net assets
Opportunity
44/100
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 44/100 (watch), bankability 42/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

1 live charge · oldest 2.4y

20/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Newest facility, 2.4 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 45/100 (high).

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
5 officers (3 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
71 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
44/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
46
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £403,142
Net assets shrinking
Down £24,080 YoY
Cash YoY
+63%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£306k
↑ 63% YoY
Net Worth
£403k
↓ 5.6% YoY
Current Assets
£749k
↓ 6.8% YoY
Current Liabilities
£0£161k£322k£482k£643k£804kMar 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£403.8k£428.2k
Current assets£749.5k£804.0k
Cash£306.4k£187.5k
Debtors£443.1k£616.6k
Net assets£403.1k£427.2k

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
5
filings
  • 3 insolvency
  • 1 address
  • 1 resolution
Last 180 days
6
filings
  • 3 insolvency
  • 2 address
  • 1 resolution
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-05-12
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · LIQ02
  2. 2026-05-12
    ⚠️
    liquidation-disclaimer-notice
    insolvency · NDISC
  3. 2026-05-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2026-05-01
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  5. 2026-05-01
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2026-01-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2025-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2025-01-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2025-01-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2025-01-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2025-01-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2025-01-01
    STOWELL, Matthew Gerald appointed
    director
  13. 2025-01-01
    ANDERSON, Christopher John resigned
    director
  14. 2024-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2024-04-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2024-03-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2024-01-27
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2024-01-27
    📄
    memorandum-articles
    incorporation · MA
  19. 2024-01-25
    📄
    capital-name-of-class-of-shares
    capital · SH08
  20. 2024-01-25
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  21. 2024-01-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  22. 2024-01-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  23. 2024-01-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  24. 2024-01-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2024-01-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  26. 2024-01-12
    TORRINGTON, Adam Clifford Roy appointed
    director
  27. 2024-01-09
    🔒
    Charge registered #1
    Lender: Christopher John Anderson
  28. 2023-06-19
    ANDERSON, Linda resigned
    secretary
  29. 2016-03-07
    ANDERSON, Linda appointed
    secretary
  30. 2012-05-21
    🏢
    Company incorporated
    As ADVANCED SYSTEMS UNDERSTANDING LTD
  31. 2012-05-21
    HARRIS, Martyn appointed
    director
  32. 2012-05-21
    ANDERSON, Christopher John appointed
    director

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

43/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondary12+ year tenure: Director in role 14 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 high · 1 low
Company in liquidation
high

Company is actively being wound up. Not a going concern.

3 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-05-12: liquidation-voluntary-statement-of-affairs; 2026-05-12: liquidation-disclaimer-notice

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Asystsu Trustees Limited holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️
Asystsu Trustees Limited
Corporate parent · holds 50-75% shares · board control
majority
ADVANCED SYSTEMS UNDERSTANDING LTD
This company · 08077295

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Asystsu Trustees Limited
Corporate entity
5075%
50–75%board controlsig. influence50-75% shares · 50-75% voting · board control · significant influence · trust interest09/01/2024
Mr Martyn Harris
Individual · British · DOB 09/1977 · age 49
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
2 historic (ceased) PSCs
  • Advanced Systems Understanding Trustee Limitedceased 09/01/2024· 50-75% shares · 50-75% voting
  • Mr Christopher John Andersonceased 04/05/2022· 25-50% shares · 25-50% 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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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

Statusliquidation
Typeltd
Incorporated2012-05-21
Jurisdictionengland-wales
Primary SIC71129 — Other engineering activities

Registered office

C/O James Cowper Kreston The White Building
1-4 Cumberland Place
Southampton
Hampshire
SO15 2NP

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-13
Last: 2025-11-29

Officers (3 active · 2 resigned)

HARRIS, Martyn
director · ~49y · appointed 2012-05-21
View their other companies + combined net worth →
Active
STOWELL, Matthew Gerald
director · ~53y · appointed 2025-01-01
View their other companies + combined net worth →
Active
TORRINGTON, Adam Clifford Roy
director · ~53y · appointed 2024-01-12
View their other companies + combined net worth →
Active
ANDERSON, Linda
secretary · appointed 2016-03-07 · resigned 2023-06-19
Resigned
ANDERSON, Christopher John
director · ~69y · appointed 2012-05-21 · resigned 2025-01-01
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
Christopher John Anderson / Linda Jean Anderson / Martyn Harris
A registered charge09/01/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (71 total)

liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2026-05-12
liquidation-disclaimer-notice
insolvency · NDISC
2026-05-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-05-06
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2026-05-01
resolution
resolution · RESOLUTIONS
2026-05-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-30
change-person-director-company-with-change-date
officers · CH01
2025-01-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-03
appoint-person-director-company-with-name-date
officers · AP01
2025-01-03
termination-director-company-with-name-termination-date
officers · TM01
2025-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-05
change-person-director-company-with-change-date
officers · CH01
2024-04-23