ASSET HEALTH PRODUCTS LTD
🌿Early-stageactive
13975552 · ltd · incorporated 2022-03-14
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 3.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£510
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 10890
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company 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. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 3.6y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~3.6 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
20 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
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £510
Cash YoY
+1430%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£16k
↑ 1430% YoY
Net Worth
£510
↑ 101% YoY
Current Assets
£60k
↑ 60% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-30 | 2024-03-30 |
|---|---|---|
| Total assets | £77.0k | £35.4k |
| Current assets | £59.9k | £37.4k |
| Cash | £16.2k | £1.1k |
| Debtors | £43.7k | £36.3k |
| Net assets | £510 | £-63.7k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2025-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-23📄capital-name-of-class-of-sharescapital · SH08
- 2025-05-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-05-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-07-02📄capital-name-of-class-of-sharescapital · SH08
- 2024-03-05📄resolutionresolution · RESOLUTIONS
- 2024-03-05📄memorandum-articlesincorporation · MA
- 2024-03-05📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2024-03-05📄capital-allotment-sharescapital · SH01
- 2024-03-05📄capital-name-of-class-of-sharescapital · SH08
- 2024-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-06📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-09-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-09-28🔒Charge registered #1Lender: Asset Advantage Limited
- 2022-05-08➕GILLIATT, Leslie appointeddirector
- 2022-05-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-14🏢Company incorporatedAs ASSET HEALTH PRODUCTS LTD
- 2022-03-14➕GILLIATT, Tessa appointeddirector
- 2022-03-14📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +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.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Leslie Gilliatt Individual · British · DOB 04/1980 · age 46 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 07/05/2025 |
Mrs Tessa Gilliatt Individual · British · DOB 09/1979 · age 47 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 14/03/2022 |
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
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
Incorporated2022-03-14
Jurisdictionengland-wales
Primary SIC10890 — SIC 10890
Registered office
Kitty Hawk House Mill Lane
Grainthorpe
Louth
LN11 7HU
England
Filing status
Accounts
Next due: 2026-12-30
Last made up to: 2025-03-30
Confirmation statement
Next due: 2027-03-27
Last: 2026-03-13
Officers (2 active · 0 resigned)
GILLIATT, Leslie→
Activedirector · ~46y · appointed 2022-05-08
View their other companies + combined net worth →
GILLIATT, Tessa→
Activedirector · ~47y · appointed 2022-03-14
View their other companies + combined net worth →
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Asset Advantage Asset Advantage Limited | A registered charge | — | 28/09/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (20 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
capital-name-of-class-of-shares
capital · SH08
2025-05-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-19
capital-name-of-class-of-shares
capital · SH08
2024-07-02
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-27
resolution
resolution · RESOLUTIONS
2024-03-05
memorandum-articles
incorporation · MA
2024-03-05
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-03-05
capital-allotment-shares
capital · SH01
2024-03-05
capital-name-of-class-of-shares
capital · SH08
2024-03-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-28