CARLTON SMITH ASSET PROTECTION LIMITED

💤Zombieactive
09527220 · ltd · incorporated 2015-04-07
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 Jul 2025
Net worth
£25.3k
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 70/100 (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 (77/100)

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 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
74
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 £25,261
Net assets shrinking
Down £50,378 YoY
Cash YoY
-8%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£76k
↓ 7.8% YoY
Net Worth
£25k
↓ 67% YoY
Current Assets
Current Liabilities
£0£17k£33k£50k£66k£83kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Cash£76.2k£82.6k
Net assets£25.3k£75.6k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days
7
filings
  • 3 persons-with-significant-control
  • 3 officers
  • 1 address
Last 90 days
7
filings
  • 3 persons-with-significant-control
  • 3 officers
  • 1 address
Last 180 days
8
filings
  • 3 persons-with-significant-control
  • 3 officers
  • 1 address
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-06-02
    HESKETH, David John Philip appointed
    director
  2. 2026-06-02
    CARLTON SMITH, Michelle resigned
    secretary
  3. 2026-06-02
    CARLTON SMITH, Nicolas Edward James resigned
    director
  4. 2026-06-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2026-06-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  6. 2026-06-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2026-06-02
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2026-06-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2026-06-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2026-06-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2025-11-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  12. 2025-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2025-08-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2025-08-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2025-07-21
    CARLTON SMITH, Michelle appointed
    secretary
  16. 2025-07-21
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  17. 2025-04-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2025-04-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2024-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2023-04-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2022-04-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2021-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2020-12-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  24. 2018-07-04
    CARLTON SMITH, George Oliver resigned
    director
  25. 2015-04-07
    🏢
    Company incorporated
    As CARLTON SMITH ASSET PROTECTION LIMITED
  26. 2015-04-07
    CARLTON SMITH, George Oliver appointed
    director
  27. 2015-04-07
    CARLTON SMITH, Nicolas Edward James 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 med · 1 low
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: CARLTON SMITH, Michelle resigned 2026-06-02; CARLTON SMITH, Nicolas Edward James resigned 2026-06-02

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Pfm Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Pfm Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
CARLTON SMITH ASSET PROTECTION LIMITED
This company · 09527220

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%
NameSharesVoting rightsNature of controlNotified
Pfm Group Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control02/06/2026
2 historic (ceased) PSCs
  • Carlton Smith Holding Company Limitedceased 02/06/2026· 25-50% shares
  • Mr Nicolas Edward James Carlton-Smithceased 02/06/2026· significant influence

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

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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
Incorporated2015-04-07
Jurisdictionengland-wales
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

Lancaster House Ackhurst Business Park
Foxhole Road
Chorley
PR7 1NY
England

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-01-05
Last: 2025-12-22

Officers (1 active · 3 resigned)

HESKETH, David John Philip
director · ~45y · appointed 2026-06-02
View their other companies + combined net worth →
Active
CARLTON SMITH, Michelle
secretary · appointed 2025-07-21 · resigned 2026-06-02
Resigned
CARLTON SMITH, George Oliver
director · ~49y · appointed 2015-04-07 · resigned 2018-07-04
Resigned
CARLTON SMITH, Nicolas Edward James
director · ~54y · appointed 2015-04-07 · resigned 2026-06-02
Resigned

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

Recent filings (40 total)

cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-06-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-06-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-06-02
termination-secretary-company-with-name-termination-date
officers · TM02
2026-06-02
termination-director-company-with-name-termination-date
officers · TM01
2026-06-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-06-02
appoint-person-director-company-with-name-date
officers · AP01
2026-06-02
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-07
change-person-director-company-with-change-date
officers · CH01
2025-08-06
appoint-person-secretary-company-with-name-date
officers · AP03
2025-07-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-24