ASD 32 LIMITED
💤Zombieactive
11110898 · ltd · incorporated 2017-12-13
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 Dec 2025
Net worth
£462.4k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Activities of open-ended investment companies
Sector: Financial & insurance
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 72/100 (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: strategic trade sale (65/100).
Data confidence
Overall: high (80/100)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
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £462,392
Net assets shrinking
Down £150,499 YoY
Cash YoY
+1070%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£6k
↑ 1070% YoY
Net Worth
£462k
↓ 25% YoY
Current Assets
£218k
↑ 8.7% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total assets | £480.2k | £636.0k |
| Current assets | £218.0k | £200.5k |
| Cash | £6.0k | £511 |
| Debtors | £212.0k | £200.0k |
| Net assets | £462.4k | £612.9k |
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
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-06-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-20📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-04-08📄capital-return-purchase-own-sharescapital · SH03
- 2024-01-18📄capital-name-of-class-of-sharescapital · SH08
- 2024-01-10📄capital-cancellation-sharescapital · SH06
- 2024-01-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-09📄capital-allotment-sharescapital · SH01
- 2024-01-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-01-05➖LONG, Richard Graham resigneddirector
- 2023-05-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-14📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-14📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-12-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-05-30➕WILSON, Peter Perry appointedsecretary
- 2017-12-13🏢Company incorporatedAs ASD 32 LIMITED
- 2017-12-13➕MEGGITT, Richard John appointeddirector
- 2017-12-13➕LONG, Richard Graham appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard John Meggitt Individual · British · DOB 07/1973 · age 53 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 13/12/2017 |
1 historic (ceased) PSC
- Mr Richard Graham Longceased 05/01/2024· 25-50% shares · 25-50% 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 →Similar companies
Active · Financial services · S postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A SHADE GREENER FINANCE F3 LIMITED→ 15678758 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A SHADE GREENER FINANCE LIMITED→ 10668465 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| A T COMMERCIAL FINANCE 2 LIMITED→ 14921017 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ANDREW STUART & COMPANY LIMITED→ 04557297 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ANDY HALL MORTGAGES LTD→ 09479295 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ANLD CRYPTO HOLDINGS LTD→ 16592442 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARC CAPITAL MARKETS (UK) LIMITED→ 13666413 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ARTISAN MORTGAGES LIMITED→ 15195049 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ASG FINANCE LIMITED→ 15510939 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ASHDELL FINANCE LIMITED→ 16713566 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ASHMORE FINANCIAL SERVICES LTD→ 05876991 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ASPIRION WEALTH LIMITED→ 10538338 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2017-12-13
Jurisdictionengland-wales
Primary SIC64304 — Activities of open-ended investment companies
Registered office
The Old Workshop
1 Ecclesall Road South
Sheffield
S11 9PA
United Kingdom
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-11-11
Last: 2025-10-28
Officers (2 active · 1 resigned)
WILSON, Peter Perry→
Activesecretary · appointed 2018-05-30
View their other companies + combined net worth →
MEGGITT, Richard John→
Activedirector · ~53y · appointed 2017-12-13
View their other companies + combined net worth →
LONG, Richard Graham→
Resigneddirector · ~79y · appointed 2017-12-13 · resigned 2024-01-05
Click a director name to see their full track record across all companies.
Recent filings (33 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-20
change-person-director-company-with-change-date
officers · CH01
2024-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-09
capital-return-purchase-own-shares
capital · SH03
2024-04-08
capital-name-of-class-of-shares
capital · SH08
2024-01-18
capital-cancellation-shares
capital · SH06
2024-01-10
termination-director-company-with-name-termination-date
officers · TM01
2024-01-09
capital-allotment-shares
capital · SH01
2024-01-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-04