ASCENDANT LIFTS GROUP LTD

💤Zombieactive
13770367 · ltd · incorporated 2021-11-29
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 Nov 2025
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Repair of machinery
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 80/100. 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: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 4.5y

35/100
under pressure

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

  • · Charge age ~4.5 years — mid-life; refi window approaching.
  • · 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
14 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
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Nov 2024Nov 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-11-302024-11-30

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
3
filings
  • 2 change-of-name
  • 1 mortgage
Last 90 days
3
filings
  • 2 change-of-name
  • 1 mortgage
Last 180 days
4
filings
  • 2 change-of-name
  • 1 mortgage
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-07-01
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2026-06-21
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2026-06-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2026-06-18
    🔓
    Charge satisfied #1
  5. 2026-03-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2025-08-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2024-08-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2023-08-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-01-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2022-01-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2022-01-05
    🔒
    Charge registered #1
    Lender: David Hugh Brown and Francis James Brown
  12. 2021-11-29
    🏢
    Company incorporated
    As ASCENDANT LIFTS GROUP LTD
  13. 2021-11-29
    CHAPPELL, Ken appointed
    director
  14. 2021-11-29
    📄
    incorporation-company
    incorporation · NEWINC

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 ·
Name changed 2 times
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-07-01: certificate-change-of-name-company; 2026-06-21: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Ken Chappell
Individual · British · DOB 04/1979 · age 47
sig. influencesignificant influence29/11/2021

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

8 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
Incorporated2021-11-29
Jurisdictionengland-wales
Primary SIC33120 — Repair of machinery

Registered office

11 Vance Business Park
Gateshead
NE11 9NE
England

Filing status

Accounts
Next due: 2027-08-31
Last made up to: 2025-11-30
Confirmation statement
Next due: 2026-12-12
Last: 2025-11-28

Officers (1 active · 0 resigned)

CHAPPELL, Ken
director · ~47y · appointed 2021-11-29
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
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
David Hugh Brown and Francis James Brown
A registered charge1 property05/01/202218/06/2026

Recent filings (14 total)

certificate-change-of-name-company
change-of-name · CERTNM
2026-07-01
certificate-change-of-name-company
change-of-name · CERTNM
2026-06-21
mortgage-satisfy-charge-full
mortgage · MR04
2026-06-18
accounts-with-accounts-type-dormant
accounts · AA
2026-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-16
accounts-with-accounts-type-dormant
accounts · AA
2025-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-28
accounts-with-accounts-type-dormant
accounts · AA
2024-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-28
accounts-with-accounts-type-dormant
accounts · AA
2023-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-01-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-01-12
incorporation-company
incorporation · NEWINC
2021-11-29