ASHBOURNE AUTOMOTIVE LIMITED
Opportunity 71/100 (strong), bankability 67/100. 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. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
5 live charges · 3 lenders · oldest 5.4y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 5.4 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £492.1k | £526.5k |
| Current assets | £822.8k | £657.8k |
| Cash | £18.6k | £107.2k |
| Net assets | £343.8k | £363.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
Corporate timeline (29 events)Click to expand
- 2026-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-25🔒Charge registered #5Lender: Le Capital UK (Asset 1) Limited
- 2025-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-11🔓Charge satisfied #2
- 2024-08-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-08-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-08-21🔓Charge satisfied #3
- 2024-08-21🔓Charge satisfied #1
- 2024-08-16🔒Charge registered #4Lender: National Westminster Bank PLC
- 2024-01-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-17📄resolutionresolution · RESOLUTIONS
- 2022-11-16📄capital-name-of-class-of-sharescapital · SH08
- 2022-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-02-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-02-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-02-17🔒Charge registered #3Lender: Bcrs Business Loans Limited
- 2021-02-17🔒Charge registered #2Lender: Bcrs Business Loans Limited
- 2021-02-16🔒Charge registered #1Lender: Bcrs Business Loans Limited
- 2020-09-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-05-01➕MARSHALL, Adele Lisa appointeddirector
- 2020-03-30📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2019-03-27🏢Company incorporatedAs ASHBOURNE AUTOMOTIVE LIMITED
- 2019-03-27➕MARSHALL, David Richard appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Richard Marshall Individual · British · DOB 08/1975 · age 51 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 27/03/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Le Capital UK (Asset 1) Le Capital UK (Asset 1) Limited | A registered charge | — | 25/09/2025 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 2 properties | 16/08/2024 | — | |
| satisfied | Bcrs Business Loans Bcrs Business Loans Limited | A registered charge | 1 property | 17/02/2021 | 21/08/2024 | |
| satisfied | Bcrs Business Loans Bcrs Business Loans Limited | A registered charge | 1 property | 17/02/2021 | 11/10/2024 | |
| satisfied | Bcrs Business Loans Bcrs Business Loans Limited | A registered charge | — | 16/02/2021 | 21/08/2024 |