ASSET CAPITAL LIMITED

💤Zombieactive
10876979 · ltd · incorporated 2017-07-20
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
not disclosed
Net worth
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pursue
Asset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.

Opportunity 66/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 11 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

11 live charges · 10 lenders · oldest 8.1y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 8.1 years old — likely at or near maturity.
  • · 10 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (58/100)

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
No iXBRL financials extracted
0
Lenders & charges
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
42 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
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
  • 3 persons-with-significant-control
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2026-03-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  2. 2026-03-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-01-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2026-01-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-11-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-11-24
    📄
    mortgage-charge-part-both-with-charge-number
    mortgage · MR05
  7. 2025-11-13
    🔒
    Charge registered #11
    Lender: Quantum Development Finance LTD
  8. 2025-08-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2025-08-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2025-08-19
    🔓
    Charge satisfied #8
  11. 2025-08-19
    🔓
    Charge satisfied #6
  12. 2025-07-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2025-07-01
    🔒
    Charge registered #10
    Lender: Pl Club 16 Limited (12559135)
  14. 2025-06-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2024-12-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2024-12-24
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  17. 2024-12-20
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  18. 2024-08-09
    📄
    mortgage-charge-part-release-with-charge-number
    mortgage · MR05
  19. 2024-08-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2024-08-06
    🔒
    Charge registered #9
    Lender: Iken Loan Servicing LTD
  21. 2024-02-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2024-01-26
    🔒
    Charge registered #8
    Lender: Business Lending Residential Funding Limited
  23. 2024-01-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  24. 2024-01-15
    🔒
    Charge registered #7
    Lender: Pentire Properties LTD (Registered Number 09957653)
  25. 2024-01-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2023-03-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  27. 2022-08-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  28. 2022-08-05
    🔒
    Charge registered #6
    Lender: Pl Club 18 Limited
  29. 2022-01-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  30. 2021-04-13
    🔒
    Charge registered #5
    Lender: Pl Club 21 Limited
  31. 2021-02-08
    🔒
    Charge registered #4
    Lender: Pl Club 21 Limited
  32. 2020-07-10
    🔒
    Charge registered #3
    Lender: Pl Club 17 Limited
  33. 2020-01-24
    🔒
    Charge registered #2
    Lender: Pl Club 15 Limited
  34. 2018-09-12
    🔓
    Charge satisfied #1
  35. 2018-05-02
    🔒
    Charge registered #1
    Lender: Pl Club 5 Limited
  36. 2017-07-20
    🏢
    Company incorporated
    As ASSET CAPITAL LIMITED
  37. 2017-07-20
    NEWETT, Daniel George appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 · 1 low
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

8 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Group structure

Asset Capital Group Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Asset Capital Group Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
ASSET CAPITAL LIMITED
This company · 10876979

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%
NameSharesVoting rightsNature of controlNotified
Asset Capital Group Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control21/11/2024
2 historic (ceased) PSCs
  • Asset Capital Group Holdings Limitedceased 21/11/2024· 75-100% shares · 75-100% voting · board control
  • Daniel George Newettceased 21/11/2024· 75-100% shares · 75-100% 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 →

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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
Incorporated2017-07-20
Jurisdictionengland-wales
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

Thorp Arch Grange Walton Road
Thorp Arch
Wetherby
West Yorkshire
LS23 7BA
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-02
Last: 2025-07-19

Officers (1 active · 0 resigned)

NEWETT, Daniel George
director · ~36y · appointed 2017-07-20
View their other companies + combined net worth →
Active

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

Mortgages & charges

11
Total charges
8
Outstanding
7
Active lenders
Status:Lender:11 of 11 shown
TypeProperties
outstanding
Quantum Development Finance
Quantum Development Finance LTD
A registered charge13/11/2025
outstanding
Pl Club 16 (12559135)
Pl Club 16 Limited (12559135)
A registered charge01/07/2025
outstanding
Iken Loan Servicing
Iken Loan Servicing LTD
A registered charge1 property06/08/2024
satisfied
Business Lending Residential Funding
Business Lending Residential Funding Limited
A registered charge26/01/202419/08/2025
outstanding
Pentire Properties (Registered Number 09957653) / Alfa Site Services (Registered Number 06605124)
Pentire Properties LTD (Registered Number 09957653) / Alfa Site Services Limited (Registered Number 06605124)
A registered charge15/01/2024
satisfied
Pl Club 18
Pl Club 18 Limited
A registered charge1 property05/08/202219/08/2025
outstanding
Pl Club 21
Pl Club 21 Limited
A registered charge13/04/2021
outstanding
Pl Club 21
Pl Club 21 Limited
A registered charge1 property08/02/2021
outstanding
Pl Club 17
Pl Club 17 Limited
A registered charge10/07/2020
outstanding
Pl Club 15
Pl Club 15 Limited
A registered charge1 property24/01/2020
satisfied
Pl Club 5
Pl Club 5 Limited
A registered charge02/05/201812/09/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (42 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-03-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-24
mortgage-charge-part-both-with-charge-number
mortgage · MR05
2025-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-21
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-19
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-06-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-27
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2024-12-24
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-05