AA LOCKSMITH NW LTD

🚨Distressedactive
11532037 · ltd · incorporated 2018-08-22
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
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Turnover
year to Aug 2022
Net worth
£-16.8k
book net assets
Opportunity
63/100
Worth a look
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What this business does
Primary activity: SIC 95290
Sector: Other service activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 60/100. 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).

🏦

Refinance opportunity

1 live charge · oldest 7.8y

45/100
under pressure

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

  • · Oldest live charge is 7.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £16,771

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£17k
↓ 2.2% YoY
Current Assets
£4k
Current Liabilities
-£17k-£13k-£8k-£4k-£40£4kAug 2021Aug 2022

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2022-08-312021-08-31
Total assets£-11.7k£-14.2k
Current assets£4.1k£0
Cash£0
Net assets£-16.8k£-16.4k

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
0
filings
Last 180 days
4
filings
  • 2 confirmation-statement
  • 1 gazette
  • 1 address
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-03-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-03-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-08-07
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  4. 2024-07-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2023-04-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-04-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-05-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-03-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2020-04-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-08-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2018-08-29
    🔒
    Charge registered #1
    Lender: Alfandari Private Equities LTD
  12. 2018-08-22
    🏢
    Company incorporated
    As AA LOCKSMITH NW LTD
  13. 2018-08-22
    ASHTON, Anthony appointed
    director
  14. 2018-08-22
    📄
    incorporation-company
    incorporation · NEWINC

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 8 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 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: 2024-05-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Anthony Ashton
Individual · English · DOB 07/1987 · age 39
75100%
75–100%board control75-100% shares · 75-100% voting · board control22/08/2018

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2018-08-22
Jurisdictionengland-wales
Primary SIC95290 — SIC 95290

Registered office

11 11 King Street
Westhoughton
Bolton
BL5 3AX
United Kingdom

Filing status

Accounts
Next due: 2024-05-31OVERDUE
Last made up to: 2022-08-31
Confirmation statement
Next due: 2026-09-04
Last: 2025-08-21

Officers (1 active · 0 resigned)

ASHTON, Anthony
director · ~39y · appointed 2018-08-22
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Alfandari Private Equities
Alfandari Private Equities LTD
A registered charge7 properties29/08/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (18 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-06
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-08-07
gazette-notice-compulsory
gazette · GAZ1
2024-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-03-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-22
accounts-with-accounts-type-micro-entity
accounts · AA
2020-04-12