ASAF LENDING LTD

🏛️Establishedactive

10331703 · ltd · incorporated 2016-08-16

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 2024

Net worth

—

book net assets

Opportunity

75/100

Strong

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What this business does

Primary activity: Financial leasing

Sector: Financial & insurance

Investor take

Pursue

Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 9.8y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 9.8 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 33/100 — workable, but lender will want more DD.

Data confidence

Overall: high (84/100)

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

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

13 officers (5 active, 13 linked, 10 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

21 connected companies via shared directors

Filing history

47 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

75/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31	2023-12-31

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

Recent activity

Last 30 days

filings

• 2 officers

Last 90 days

filings

• 2 officers
• 1 confirmation-statement

Last 180 days

filings

• 2 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (45 events)Click to expand

2026-05-12
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2026-05-12
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2026-04-29
➕
MELLOR, Neil Andrew appointed
secretary
2026-04-29
➖
WALLING, Michael resigned
secretary
2025-06-30
➕
MCCLELLAND, Michael appointed
director
2025-06-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-05-27
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-21
🔒
Charge registered #3
Lender: Paf Securitisation No.1 PLC
2025-03-19
➕
FRAINE, Thomas Conran appointed
director
2025-03-19
➖
DALZELL, Michael Ian resigned
director
2025-03-19
📄
accounts-with-accounts-type-dormant
accounts · AA
2025-03-19
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2025-03-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-03-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-03-19
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-19
🔓
Charge satisfied #2
2024-04-03
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-09-27
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-06-23
➖
HARTLEY, Michael Christopher resigned
director
2023-06-23
➖
JOHNSON, Daryl Lee resigned
director
2023-06-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-06-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-10-10
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-12-22
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-12-19
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-10-01
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-09-17
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-09-12
🔒
Charge registered #2
Lender: Rm Capital Markets Limited
2019-02-08
➕
O'REILLY, Peadar James appointed
director
2019-02-08
➖
JOHNSON, Daryl Lee resigned
secretary
2019-02-08
➕
WALLING, Michael appointed
secretary
2018-09-20
➖
FLETCHER, Michael James resigned
director
2018-09-20
➖
FOREMAN, David Christopher resigned
director
2018-09-20
➖
O'REILLY, Peadar James resigned
director
2017-11-27
➕
SUMMERS, Jack Daniel appointed
director
2017-11-27
➕
JOHNSON, Daryl Lee appointed
secretary
2017-11-27
➕
DALZELL, Michael Ian appointed
director
2017-11-27
➕
JOHNSON, Daryl Lee appointed
director
2017-07-21
🔓
Charge satisfied #1
2016-08-23
🔒
Charge registered #1
Lender: British Business Bank Investments LTD
2016-08-16
🏢
Company incorporated
As ASAF LENDING LTD
2016-08-16
➕
FLETCHER, Michael James appointed
director
2016-08-16
➕
FOREMAN, David Christopher appointed
director
2016-08-16
➕
HARTLEY, Michael Christopher appointed
director
2016-08-16
➕
O'REILLY, Peadar James appointed
director

Owner dependency

48/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Senior director age: Director aged approximately 64 — approaching natural succession window.

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 64. Approaching typical UK retirement age — succession thinking likely.

Red flags

1 med ·

Name changed recently

medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-03-19: certificate-change-of-name-company

Group structure

Praetura Asset Finance Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Praetura Asset Finance Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

ASAF LENDING LTD

This company · 10331703

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%

Name	Shares	Voting rights	Nature of control	Notified
Praetura Asset Finance Limited Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	19/08/2016

1 historic (ceased) PSC

Praetura Asset Finance Holdings Limitedceased 19/08/2016· 75-100% shares · 75-100% voting

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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CHARTA FINANCIAL LTD→ 12471952 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated2016-08-16

Jurisdictionengland-wales

Primary SIC64910 — Financial leasing

Registered office

Ewood House Walker Park

Guide

Blackburn

BB1 2QE

England

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-04-10

Last: 2026-03-27