ASHGROVE MORTGAGES LTD

💤Zombieactive
08795345 · ltd · incorporated 2013-11-28
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 Nov 2024
Net worth
£200
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Activities of mortgage finance companies
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: medium (79/100)

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

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, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £200
Net assets shrinking
Down £100 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£200
↓ 33% YoY
Current Assets
£100
~ YoY
Current Liabilities
—
£0£60£120£180£240£300Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£200£300
Current assets£100£100
Net assets£200£300

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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-09-25
    ➖
    GILL, Rashpal Singh resigned
    director
  2. 2025-09-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-08-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-08-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-07-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-08-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-10-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-08-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-08-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2016-08-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2015-12-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-08-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-11-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-05-30
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  17. 2014-03-31
    ➖
    LOBEL, Jeffrey resigned
    secretary
  18. 2014-03-31
    ➖
    LOBEL, Jeffrey resigned
    director
  19. 2013-11-28
    🏢
    Company incorporated
    As ASHGROVE MORTGAGES LTD
  20. 2013-11-28
    ➕
    DUNN, Simon appointed
    director
  21. 2013-11-28
    ➕
    LOBEL, Jeffrey appointed
    secretary
  22. 2013-11-28
    ➕
    GILL, Rashpal Singh appointed
    director
  23. 2013-11-28
    ➕
    LOBEL, Jeffrey appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

58/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Simon Dunn
Individual · British · DOB 07/1969 · age 57
25–50%
—25-50% shares28/07/2016

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

7 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
Incorporated2013-11-28
Jurisdictionengland-wales
Primary SIC64922 — Activities of mortgage finance companies

Registered office

19 Doncella Close
Chafford Hundred
Grays
Essex
RM16 6HB

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-10-09
Last: 2025-09-25

Officers (1 active · 3 resigned)

DUNN, Simon→
director · ~57y · appointed 2013-11-28
View their other companies + combined net worth →
Active
LOBEL, Jeffrey→
secretary · appointed 2013-11-28 · resigned 2014-03-31
Resigned
GILL, Rashpal Singh→
director · ~64y · appointed 2013-11-28 · resigned 2025-09-25
Resigned
LOBEL, Jeffrey→
director · ~69y · appointed 2013-11-28 · resigned 2014-03-31
Resigned

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

Recent filings (28 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-25
termination-director-company-with-name-termination-date
officers · TM01
2025-09-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-04
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-29
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-29