ASPEN ASSOCIATES LIMITED

💤Zombieactive
08104743 · ltd · incorporated 2012-06-14
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 Jun 2025
Net worth
£-19
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Activities of insurance agents and brokers
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 75). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -34% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

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
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 4 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
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £19
Net assets shrinking
Down £767 YoY
Cash YoY
-34%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1k
↓ 34% YoY
Net Worth
-£19
↓ 103% YoY
Current Assets
£1k
↓ 34% YoY
Current Liabilities
—
-£19£430£879£1k£2k£2kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Total assets£1.5k£2.2k
Current assets£1.5k£2.2k
Cash£1.5k£2.2k
Net assets£-19£748

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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-03-17
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-03-01
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-03-06
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-03-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2022-03-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-11-12
    ➖
    BARRETT, Kevin resigned
    director
  7. 2021-11-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2021-01-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-02-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-03-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-07-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2017-07-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2017-04-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-06-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-03-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-07-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2014-03-04
    ➖
    SEROKA, Eugene Christopher resigned
    director
  19. 2013-07-23
    ➕
    BARRETT, Kevin appointed
    director
  20. 2013-01-15
    ➖
    YIASSOUMIS, Ouranios Andreas resigned
    director
  21. 2012-06-14
    🏢
    Company incorporated
    As ASPEN ASSOCIATES LIMITED
  22. 2012-06-14
    ➕
    BAINBRIDGE, John Frank appointed
    director
  23. 2012-06-14
    ➕
    SEROKA, Eugene Christopher appointed
    director
  24. 2012-06-14
    ➕
    YIASSOUMIS, Ouranios Andreas appointed
    director

Owner dependency

90/100
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 age: Director aged approximately 75 — succession pressure is live.

Succession & seller-readiness

88/100
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 75 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr John Frank Bainbridge
Individual · British · DOB 06/1951 · age 75
25–50%
25–50%25-50% shares · 25-50% voting14/06/2016
Mr Kevin Barrett
Individual · British · DOB 12/1957 · age 69
25–50%
25–50%25-50% shares · 25-50% voting01/06/2016

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

8 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
Incorporated2012-06-14
Jurisdictionengland-wales
Primary SIC66220 — Activities of insurance agents and brokers

Registered office

32 Gilmais
Great Bookham
Leatherhead
Surrey
KT23 4RP

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-06-28
Last: 2025-06-14

Officers (1 active · 3 resigned)

BAINBRIDGE, John Frank→
director · ~75y · appointed 2012-06-14
View their other companies + combined net worth →
Active
BARRETT, Kevin→
director · ~69y · appointed 2013-07-23 · resigned 2021-11-12
Resigned
SEROKA, Eugene Christopher→
director · ~66y · appointed 2012-06-14 · resigned 2014-03-04
Resigned
YIASSOUMIS, Ouranios Andreas→
director · ~65y · appointed 2012-06-14 · resigned 2013-01-15
Resigned

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

Recent filings (33 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-03
termination-director-company-with-name-termination-date
officers · TM01
2021-11-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-21