ASHTREE TRADING LTD

💤Zombieactive
09386587 · ltd · incorporated 2015-01-13
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 Jun 2025
Net worth
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: SIC 45190
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 68/100 (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: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
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
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Average employees3300

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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-02-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-09-01
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  3. 2025-09-01
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2025-08-29
    📄
    legacy
    capital · SH20
  5. 2025-08-29
    ⚠️
    legacy
    insolvency · CAP-SS
  6. 2025-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-10-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-10-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-10-22
    ASHWORTH, Keith William resigned
    director
  10. 2024-10-22
    ASHWORTH, Norah Catherina resigned
    director
  11. 2024-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2024-03-01
    CASSIDY, Simon Claude appointed
    director
  13. 2024-03-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2023-11-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2023-03-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2022-03-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2022-01-10
    📄
    capital-allotment-shares
    capital · SH01
  18. 2021-03-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-03-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2019-01-25
    📄
    legacy
    miscellaneous · RP04CS01
  22. 2015-01-13
    🏢
    Company incorporated
    As ASHTREE TRADING LTD
  23. 2015-01-13
    ASHWORTH, Keith William appointed
    director
  24. 2015-01-13
    ASHWORTH, Norah Catherina 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

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

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

Red flags

1 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-08-29: legacy

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Keith William Ashworth
Individual · British · DOB 07/1951 · age 75
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

8 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
Incorporated2015-01-13
Jurisdictionengland-wales
Primary SIC45190 — SIC 45190

Registered office

1 Brassey Road
Old Potts Way
Shrewsbury
Shropshire
SY3 7FA

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-01-27
Last: 2026-01-13

Officers (1 active · 2 resigned)

CASSIDY, Simon Claude
director · ~49y · appointed 2024-03-01
View their other companies + combined net worth →
Active
ASHWORTH, Keith William
director · ~75y · appointed 2015-01-13 · resigned 2024-10-22
Resigned
ASHWORTH, Norah Catherina
director · ~75y · appointed 2015-01-13 · resigned 2024-10-22
Resigned

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

Recent filings (36 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-13
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-15
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-09-01
resolution
resolution · RESOLUTIONS
2025-09-01
legacy
capital · SH20
2025-08-29
legacy
insolvency · CAP-SS
2025-08-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-14
termination-director-company-with-name-termination-date
officers · TM01
2024-10-28
termination-director-company-with-name-termination-date
officers · TM01
2024-10-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-26
appoint-person-director-company-with-name-date
officers · AP01
2024-03-01
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-18
change-person-director-company-with-change-date
officers · CH01
2023-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-23