ASSET PRECISION LTD

💤Zombieactive
10499318 · ltd · incorporated 2016-11-28
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 Mar 2025
Net worth
£95.2k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
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: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (79/100)

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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
31 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
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
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 £95,197
Net assets shrinking
Down £61,132 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£95k
↓ 39% YoY
Current Assets
£25k
↓ 62% YoY
Current Liabilities
£0£31k£63k£94k£125k£156kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£95.2k£156.3k
Current assets£24.8k£66.0k
Net assets£95.2k£156.3k

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-12-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-08-13
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2024-11-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-01-31
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  5. 2023-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-08-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-08-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-10-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-10-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2020-10-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2020-09-01
    WILLIAMSON, Luke resigned
    director
  12. 2020-02-19
    WILLIAMSON, Luke appointed
    director
  13. 2020-02-19
    WILLIAMSON, Luke appointed
    director
  14. 2020-02-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2020-02-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2020-02-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2020-02-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2020-02-18
    WILLIAMSON, Luke resigned
    director
  19. 2019-10-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2019-10-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  21. 2019-10-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  22. 2016-11-28
    🏢
    Company incorporated
    As ASSET PRECISION LTD
  23. 2016-11-28
    WILLIAMSON, Luke 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 ·
Name changed recently
medium

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

Evidence: 2025-08-13: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Luke Williamson
Individual · British · DOB 01/1996 · age 30
75100%
75-100% shares27/10/2020
1 historic (ceased) PSC
  • Mr Luke Williamsonceased 19/02/2020· 75-100% shares

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

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2016-11-28
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110

Registered office

3 Primrose Way
Sutton-In-Ashfield
NG17 1HX
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-05
Last: 2026-02-19

Officers (1 active · 2 resigned)

WILLIAMSON, Luke
director · ~30y · appointed 2020-02-19
View their other companies + combined net worth →
Active
WILLIAMSON, Luke
director · ~30y · appointed 2020-02-19 · resigned 2020-09-01
Resigned
WILLIAMSON, Luke
director · ~52y · appointed 2016-11-28 · resigned 2020-02-18
Resigned

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

Recent filings (31 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-07
certificate-change-of-name-company
change-of-name · CERTNM
2025-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-01
change-account-reference-date-company-current-extended
accounts · AA01
2024-01-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-07
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-15
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-10-27