ASECCA LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 74/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
5 live charges · 5 lenders · oldest 13.3y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 13.3 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £1.18M | £1.00M |
| Current assets | £1.63M | £1.28M |
| Cash | £330.1k | £200.3k |
| Debtors | £1.16M | £873.0k |
| Net assets | £563.5k | £590.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (37 events)Click to expand
- 2025-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-26🔒Charge registered #5Lender: Npif Ii Debt Nw LP Acting by Fwc Npifii Debt Gp Limited, as the General Partner of Npif Ii Debt Nw LP, Acting by Fw Capital Limited
- 2024-06-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-14📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2024-01-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-21🔒Charge registered #4Lender: Npif Nw Debt LP Acting by North West Loans Npif Gp Limited as the General Partner of Npif Nw Debt LP Acting by Fw Capital Limited
- 2023-10-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-01-27📄capital-cancellation-sharescapital · SH06
- 2022-10-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-08-26🔓Charge satisfied #3
- 2022-08-09📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-07-29📄resolutionresolution · RESOLUTIONS
- 2022-07-29📄memorandum-articlesincorporation · MA
- 2022-07-28📄capital-name-of-class-of-sharescapital · SH08
- 2022-07-28📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2022-06-15📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2021-11-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-11-16📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-10-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-10-25📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-07-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-01-22🔒Charge registered #3Lender: Marketfinance Limited
- 2019-11-28🔓Charge satisfied #2
- 2018-08-16🔒Charge registered #2Lender: Bibby Financial Services LTD (As Security Trustee)
- 2017-03-24➖BRAKEWELL, Hannah Sophie resigneddirector
- 2015-09-11🔓Charge satisfied #1
- 2013-02-26➕BRAKEWELL, Hannah Sophie appointeddirector
- 2013-02-26🔒Charge registered #1Lender: Hannah Sophie Brakewell
- 2012-10-31➖MUSCHAMP, Sarah resigneddirector
- 2012-10-31➖WATSON, Keeley resigneddirector
- 2012-07-23➕CHILD, Michael appointeddirector
- 2012-07-23➕PILKINGTON, Jeffrey John appointeddirector
- 2012-07-12🏢Company incorporatedAs ASECCA LIMITED
- 2012-07-12➕MUSCHAMP, Sarah appointeddirector
- 2012-07-12➕WATSON, Keeley appointeddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Jeffrey John Pilkington Individual · British · DOB 02/1988 · age 38 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
Mr Michael Child Individual · British · DOB 07/1991 · age 35 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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6 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 →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
Registered office
Filing status
Officers (2 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Npif Ii Debt Nw LP Acting by Fwc Npifii Debt Gp , as the General Partner of Npif Ii Debt Nw LP, Acting by Fw Capital Npif Ii Debt Nw LP Acting by Fwc Npifii Debt Gp Limited, as the General Partner of Npif Ii Debt Nw LP, Acting by Fw Capital Limited | A registered charge | 2 properties | 26/09/2024 | — | |
| outstanding | Npif Nw Debt LP Acting by North West Loans Npif Gp as the General Partner of Npif Nw Debt LP Acting by Fw Capital Npif Nw Debt LP Acting by North West Loans Npif Gp Limited as the General Partner of Npif Nw Debt LP Acting by Fw Capital Limited | A registered charge | 2 properties | 21/12/2023 | — | |
| satisfied | Marketfinance Marketfinance Limited | A registered charge | — | 22/01/2020 | 26/08/2022 | |
| satisfied | Bibby Financial Services Bibby Financial Services LTD (As Security Trustee) | A registered charge | 4 properties | 16/08/2018 | 28/11/2019 | |
| satisfied | Hannah Sophie Brakewell | Debenture | 1 property | 26/02/2013 | 11/09/2015 |