ASTECTHERM INTERNATIONAL LTD

💤Zombieactive
10994293 · ltd · incorporated 2017-10-03
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
£-81.0k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

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: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (82/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
33 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 · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £80,978

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£81k
↓ 276% YoY
Current Assets
£72k
↑ 51% YoY
Current Liabilities
-£81k-£50k-£20k£11k£41k£72kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£337.8k£312.4k
Current assets£71.6k£47.5k
Net assets£-81.0k£-21.6k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-01-30
    BUTCHER, Adam resigned
    director
  2. 2026-01-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-08-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-07-31
    WEAVER, Steven Roy resigned
    director
  6. 2024-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-12-12
    📄
    capital-allotment-shares
    capital · SH01
  8. 2023-10-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-11-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-10-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2021-03-01
    BUTCHER, Adam appointed
    director
  13. 2020-10-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2020-10-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2020-10-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  16. 2020-10-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  17. 2020-10-27
    📄
    capital-allotment-shares
    capital · SH01
  18. 2020-10-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2019-06-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2019-06-18
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  21. 2018-11-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  22. 2017-10-03
    🏢
    Company incorporated
    As ASTECTHERM INTERNATIONAL LTD
  23. 2017-10-03
    BROUGHTON, Galvin David appointed
    director
  24. 2017-10-03
    DUKE, Michael appointed
    director
  25. 2017-10-03
    DUKE, Michael resigned
    director
  26. 2017-10-03
    WEAVER, Steven Roy 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 ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: BUTCHER, Adam resigned 2026-01-30; WEAVER, Steven Roy resigned 2025-07-31

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Grange Insurance Consultants Ltd
Corporate parent · holds 25-50% shares
significant stake
🏛️
Galvin Broughton Trading Ltd
Corporate parent · holds 25-50% shares
significant stake
ASTECTHERM INTERNATIONAL LTD
This company · 10994293

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Grange Insurance Consultants Ltd
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting18/10/2020
Galvin Broughton Trading Ltd
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting18/10/2020
2 historic (ceased) PSCs
  • Mr Galvin Broughtonceased 18/10/2020· 25-50% shares · 25-50% voting · board control
  • Mr Steven Weaverceased 18/10/2020· 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 →

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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 →
🔒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
Incorporated2017-10-03
Jurisdictionengland-wales
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

107 Cleethorpe Road
Grimsby
N E Lincs
DN31 3ER
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-01
Last: 2025-10-18

Officers (1 active · 3 resigned)

BROUGHTON, Galvin David
director · ~54y · appointed 2017-10-03
View their other companies + combined net worth →
Active
BUTCHER, Adam
director · ~45y · appointed 2021-03-01 · resigned 2026-01-30
Resigned
DUKE, Michael
director · ~67y · appointed 2017-10-03 · resigned 2017-10-03
Resigned
WEAVER, Steven Roy
director · ~77y · appointed 2017-10-03 · resigned 2025-07-31
Resigned

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

Recent filings (33 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-01-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-16
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-23
termination-director-company-with-name-termination-date
officers · TM01
2025-08-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-30
capital-allotment-shares
capital · SH01
2023-12-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-26
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-01
appoint-person-director-company-with-name-date
officers · AP01
2021-10-25
confirmation-statement-with-updates
confirmation-statement · CS01
2020-10-28