ASKQUITHS BUTCHERS LIMITED
Opportunity 78/100 (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: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £12.2k | £23.0k |
| Current assets | £16.5k | £32.3k |
| Net assets | £377 | £23.0k |
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
- • 1 accounts
Corporate timeline (18 events)Click to expand
- 2026-01-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-04-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2019-03-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-02-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-01-14📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-08-03📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-07-18🏢Company incorporatedAs ASKQUITHS BUTCHERS LIMITED
- 2014-07-18➕FLOUNDERS, Alison appointedsecretary
- 2014-07-18➕FLOUNDERS, Ian appointeddirector
- 2014-07-18📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
- +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ian Flounders Individual · British · DOB 03/1962 · age 64 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 18/07/2016 |
1 historic (ceased) PSC
- Mrs Alison Kay Floundersceased 05/04/2019· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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 · 0 resigned)
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