ASGARD RENEWABLES LIMITED
Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (65/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
4 live charges · 4 lenders · oldest 11.1y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 11.1 years old — likely at or near maturity.
- · 4 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 | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total assets | £2.82M | £2.63M |
| Current assets | £692.9k | £345.7k |
| Cash | £126.5k | £78.9k |
| Debtors | £566.4k | £266.8k |
| Net assets | £1.85M | £1.48M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals 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
- • 1 accounts
- • 1 accounts
- • 1 capital
Corporate timeline (48 events)Click to expand
- 2026-04-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-03-05📄capital-allotment-sharescapital · SH01
- 2025-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-08-13📄resolutionresolution · RESOLUTIONS
- 2025-08-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-08-11📄capital-allotment-sharescapital · SH01
- 2025-08-08📄capital-alter-shares-consolidationcapital · SH02
- 2025-08-08📄capital-name-of-class-of-sharescapital · SH08
- 2025-08-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-08-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-28➕LEECH, Thomas appointeddirector
- 2025-07-28➖GIBB, Philip resigneddirector
- 2025-06-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-30➖WARD, Russell Adrian Edmund resigneddirector
- 2025-04-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-04-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-04-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-04-15➕HUGHES, Dom appointeddirector
- 2024-11-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-09-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-08-06📄change-person-director-company-with-change-dateofficers · CH01
- 2024-08-06📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-11🔓Charge satisfied #3
- 2021-08-02➖BOSS, Jonathan Robin resigneddirector
- 2021-08-02➖SWARBRICK, Gerard Joseph resigneddirector
- 2021-08-02🔒Charge registered #4Lender: Hs-Ad Invest Limited
- 2020-03-09➕BOSS, Jonathan Robin appointeddirector
- 2020-02-14➖FREEDER, David Benjamin resigneddirector
- 2019-03-28➖EVANS, Andrew James resigneddirector
- 2019-03-28➕SWARBRICK, Gerard Joseph appointeddirector
- 2018-09-04🔓Charge satisfied #1
- 2018-07-17🔓Charge satisfied #2
- 2018-07-13🔒Charge registered #3Lender: Downing LLP as Security Trustee
- 2018-06-06➕FREEDER, David Benjamin appointeddirector
- 2018-06-06➖SIMPSON, Edward Barnaby Russell resigneddirector
- 2017-10-09➖FREEDER, David Benjamin resigneddirector
- 2016-04-05🔒Charge registered #2Lender: Indo Energy Limited
- 2015-04-13➕GIBB, Philip appointeddirector
- 2015-04-13➕WARD, Russell Adrian Edmund appointeddirector
- 2015-04-13🔒Charge registered #1Lender: Bridging Trading LLP (OC358806)
- 2014-07-11➕FREEDER, David Benjamin appointeddirector
- 2014-07-11➕SIMPSON, Edward Barnaby Russell appointeddirector
- 2013-11-13🏢Company incorporatedAs ASGARD RENEWABLES LIMITED
- 2013-11-13➕EVANS, Andrew James appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +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.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med · 1 lowMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Multiple address changes in a short period can indicate operational instability or admin disorder.
Group structure
Asgard Topco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Asgard Topco Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 28/07/2025 |
3 historic (ceased) PSCs
- Hs-Ad Invest Limitedceased 28/07/2025· 75-100% shares · 75-100% voting · board control
- Syrus Energy Limitedceased 15/04/2025· 75-100% shares · 75-100% voting
- Tt Nominees Limitedceased 06/04/2016· 25-50% shares · 25-50% voting
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.
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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 · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Hs-Ad Invest Hs-Ad Invest Limited | A registered charge | 1 property | 02/08/2021 | — | |
| satisfied | Downing as Security Trustee Downing LLP as Security Trustee | A registered charge | 1 property | 13/07/2018 | 11/08/2021 | |
| satisfied | Indo Energy Indo Energy Limited | A registered charge | — | 05/04/2016 | 17/07/2018 | |
| satisfied | Bridging Trading (OC358806) Bridging Trading LLP (OC358806) | A registered charge | — | 13/04/2015 | 04/09/2018 |