ASHBURN STOVES LIMITED

🌳Matureactive

08382637 · ltd · incorporated 2013-01-31

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.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 6.4y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jan 2026

Net worth

£-184.5k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 46740

Sector: Wholesale & retail

ALSO REGISTERED FOR

47789Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
56101Licenced restaurants

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 6.4y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 6.4 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 3 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

38 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Negative net assets

Liabilities exceed assets by £184,524

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£185k

↑ 16% YoY

Current Assets

£177k

↑ 50% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2026-01-31	2025-01-31
Total assets	£21.0k	£10.6k
Current assets	£176.7k	£118.0k
Cash	—	£18.1k
Debtors	—	£6.1k
Net assets	£-184.5k	£-219.2k

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2026-04-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-07
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-07-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-06
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-12-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-04
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-01-06
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-01-02
🔒
Charge registered #1
Lender: National Westminster Bank PLC
2019-10-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-10-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-10-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-04-03
📄
capital-alter-shares-subdivision
capital · SH02
2016-03-23
➕
MILLS, Bruce David appointed
director
2013-01-31
🏢
Company incorporated
As ASHBURN STOVES LIMITED
2013-01-31
➕
IMLACH, Fiona Agnes appointed
director

Owner dependency

71/100

High — earn-out structure required

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

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Senior director age: Director aged approximately 62 — approaching natural succession window.
+No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

59/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 13 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 · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Ms Fiona Agnes Imlach Individual · British · DOB 03/1964 · age 62	75–100%	—	75-100% shares	06/04/2016
Mr Bruce Mills Individual · British · DOB 05/1965 · age 61	25–50%	25–50%	25-50% shares · 25-50% voting	01/02/2019

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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B. C-N. AUTO REFINISHING SUPPLIERS LIMITED→ 01480839 · est 1980 · no financials extracted	—	—	—	—	46y	—	—
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

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 →

🔒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

Incorporated2013-01-31

Jurisdictionengland-wales

Primary SIC46740 — SIC 46740

Registered office

Moorcock House Gisburn Road

Blacko

Nelson

BB9 6NG

England

Filing status

Accounts

Next due: 2027-10-31

Last made up to: 2026-01-31

Confirmation statement

Next due: 2027-02-09

Last: 2026-01-26

Officers (2 active · 0 resigned)

IMLACH, Fiona Agnes→

director · ~62y · appointed 2013-01-31

View their other companies + combined net worth →

Active

MILLS, Bruce David→

director · ~61y · appointed 2016-03-23

View their other companies + combined net worth →

Active

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	National Westminster Bank National Westminster Bank PLC	A registered charge	—	02/01/2020	—

Click column headers to sort. Use filters above to narrow by status and lender.