ASHCROFT INSTRUMENTS LIMITED

🌳Matureactive
09593119 · ltd · incorporated 2015-05-15
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2023
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: SIC 26512
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (62/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 5 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-12-31
Average employees400

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
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-09-15
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-08-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-08-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-03-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-01-01
    RICHTER, Sven appointed
    director
  6. 2024-09-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2024-08-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-08-15
    BEST, Markus Georg resigned
    director
  9. 2024-06-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2023-09-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2023-05-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2022-09-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2022-08-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2022-03-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2022-03-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2022-03-01
    WALKER, Damian Cesare appointed
    director
  17. 2022-03-01
    BEST, Markus Georg appointed
    director
  18. 2022-03-01
    ECKARDT, Michael resigned
    director
  19. 2021-09-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2021-02-25
    📄
    accounts-with-accounts-type-small
    accounts · AA
  21. 2019-08-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  22. 2018-11-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  23. 2015-05-15
    🏢
    Company incorporated
    As ASHCROFT INSTRUMENTS LIMITED
  24. 2015-05-15
    CULMONE, Steven appointed
    director
  25. 2015-05-15
    ECKARDT, Michael appointed
    director

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

50/100
Moderate signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.

Red flags

1 high · 1 low
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-29

Multiple registered office changes
low

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

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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
Incorporated2015-05-15
Jurisdictionengland-wales
Primary SIC26512 — SIC 26512

Registered office

Building 3, City West Business Park
Gelderd Road
Leeds
LS12 6LX
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-05-29OVERDUE
Last: 2025-05-15

Officers (3 active · 2 resigned)

CULMONE, Steven
director · ~65y · appointed 2015-05-15
View their other companies + combined net worth →
Active
RICHTER, Sven
director · ~48y · appointed 2025-01-01
View their other companies + combined net worth →
Active
WALKER, Damian Cesare
director · ~55y · appointed 2022-03-01
View their other companies + combined net worth →
Active
BEST, Markus Georg
director · ~52y · appointed 2022-03-01 · resigned 2024-08-15
Resigned
ECKARDT, Michael
director · ~65y · appointed 2015-05-15 · resigned 2022-03-01
Resigned

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

Recent filings (35 total)

accounts-with-accounts-type-small
accounts · AA
2025-09-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-28
appoint-person-director-company-with-name-date
officers · AP01
2025-03-19
accounts-with-accounts-type-small
accounts · AA
2024-09-27
termination-director-company-with-name-termination-date
officers · TM01
2024-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-19
change-person-director-company-with-change-date
officers · CH01
2024-06-19
accounts-with-accounts-type-full
accounts · AA
2023-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-18
accounts-with-accounts-type-full
accounts · AA
2022-09-28
appoint-person-director-company-with-name-date
officers · AP01
2022-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-27