ASN MECHANICS LIMITED

💤Zombieactive
10149448 · ltd · incorporated 2016-04-27
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
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Turnover
year to Apr 2025
Net worth
£-48.3k
book net assets
Opportunity
69/100
Strong
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 70). 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 (73/100).

Data confidence

Overall: medium (70/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
23 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
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £48,329

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
-£48k
Current Assets
£5k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-04-28
Total assets£-47.5k
Current assets£4.6k
Net assets£-48.3k

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
2
filings
  • 1 gazette
  • 1 dissolution
Last 90 days
3
filings
  • 1 gazette
  • 1 dissolution
  • 1 accounts
Last 180 days
4
filings
  • 2 accounts
  • 1 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-07-14
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-07-05
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2026-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2026-01-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  5. 2025-01-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-01-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-01-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-04-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-01-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2021-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-01-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-01-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2016-04-27
    🏢
    Company incorporated
    As ASN MECHANICS LIMITED
  15. 2016-04-27
    NICHOLLS, Karen Elizabeth appointed
    director
  16. 2016-04-27
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-05-10

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Karen Elizabeth Nicholls
Individual · British · DOB 10/1956 · age 70
75100%
75-100% shares27/04/2016

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

9 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
Incorporated2016-04-27
Jurisdictionengland-wales
Primary SIC45200 — SIC 45200

Registered office

15 Summerfield Avenue
Kingswinford
DY6 9AR
England

Filing status

Accounts
Next due: 2027-01-28
Last made up to: 2025-04-28
Confirmation statement
Next due: 2026-05-10OVERDUE
Last: 2025-04-26

Officers (1 active · 0 resigned)

NICHOLLS, Karen Elizabeth
director · ~70y · appointed 2016-04-27
View their other companies + combined net worth →
Active

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

Recent filings (23 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-07-14
dissolution-application-strike-off-company
dissolution · DS01
2026-07-05
accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2026-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-24
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-24
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-21
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-31