ALSAGER ASPHALT LIMITED

🚨Distressedactive
10566450 · ltd · incorporated 2017-01-17
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2024
Net worth
£-329.9k
book net assets
Opportunity
66/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
ALSO REGISTERED FOR
  • 68320Management of real estate on a fee or contract basis
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 66/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (72/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
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 · accounting standard not declared
Negative net assets
Liabilities exceed assets by £329,928

Key financials

1 year extracted from filed iXBRL accounts
Cash
£5k
Net Worth
-£330k
Current Assets
£28k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-26
Total assets£-311.5k
Current assets£27.6k
Cash£4.6k
Debtors£23.0k
Net assets£-329.9k

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
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-06-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-17
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  3. 2024-06-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-03-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  5. 2023-09-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-09-01
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  7. 2023-06-16
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  8. 2022-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-04-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-04-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2022-01-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2022-01-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2021-01-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2020-03-25
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  15. 2020-03-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2020-03-24
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  17. 2019-10-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2019-07-17
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2018-06-12
    BLACK, Peter Edward resigned
    director
  20. 2017-01-17
    🏢
    Company incorporated
    As ALSAGER ASPHALT LIMITED
  21. 2017-01-17
    JONES, Mark Richard appointed
    director
  22. 2017-01-17
    BLACK, Peter Edward appointed
    director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-26

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Mark Richard Jones
Individual · British · DOB 09/1962 · age 64
75100%
75–100%board control75-100% shares · 75-100% voting · board control17/01/2017
1 historic (ceased) PSC
  • Mr Peter Edward Blackceased 12/06/2018· 25-50% shares · 25-50% voting · board control

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 →

Similar companies

Active · Technology · CW postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ADM PROJECT SOLUTIONS LIMITED
09787711 · est 2015 · no financials extracted
10y
AEGIS SYSTEMS LTD
12027499 · est 2019 · no financials extracted
6y
ALASTAIR CRAGG LIMITED
11370175 · est 2018 · no financials extracted
7y
ALGOTER LIMITED
17070326 · est 2026 · no financials extracted
ALPHA INTERNET LIMITED
11162310 · est 2018 · no financials extracted
8y
ALTUS COMPUTERS SYSTEMS LIMITED
16920438 · est 2025 · no financials extracted
AMEDUK FILMS LTD
14339412 · est 2022 · no financials extracted
3y
AMEISO LTD
15673832 · est 2024 · no financials extracted
1y
AMERY DESIGN LTD
14753127 · est 2023 · no financials extracted
3y
AMG80 CONSULTANCY LTD
16128373 · est 2024 · no financials extracted
1y
AMITA (UK) LIMITED
04944785 · est 2003 · no financials extracted
22y
AMS INDUSTRIES & HOLDINGS LTD
09821204 · est 2015 · no financials extracted
10y
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
Incorporated2017-01-17
Jurisdictionengland-wales
Primary SIC62090 — Other information technology service activities

Registered office

Unit A Lancaster Fields
The Gateway
Crewe
CW1 6FF
United Kingdom

Filing status

Accounts
Next due: 2026-03-26OVERDUE
Last made up to: 2024-06-26
Confirmation statement
Next due: 2027-05-08
Last: 2026-04-24

Officers (1 active · 1 resigned)

JONES, Mark Richard
director · ~64y · appointed 2017-01-17
View their other companies + combined net worth →
Active
BLACK, Peter Edward
director · ~55y · appointed 2017-01-17 · resigned 2018-06-12
Resigned

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

Recent filings (34 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-11
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-03-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-24
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-15
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-09-01
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-06-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-27
change-person-director-company-with-change-date
officers · CH01
2022-04-27