ADVANCED SYSTEMS UNDERSTANDING TRUSTEE LIMITED

🌿Early-stageactive
14009975 · ltd · incorporated 2022-03-29
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.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: Other activities auxiliary to financial services, except insurance and pension funding
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 66/100 (strong), 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: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (81/100)

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
7 officers (2 active, 7 linked, 7 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
50
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
90
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31

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 officers
Last 180 days
2
filings
  • 1 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-03-30
    STOWELL, Matthew Gerald resigned
    director
  2. 2026-03-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-12-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-09-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-03-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-01-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-09-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2024-03-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-10-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2023-09-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2023-08-31
    MCKECHNIE, Paul resigned
    director
  12. 2023-05-19
    NICHOLSON, Christine appointed
    director
  13. 2023-05-19
    ANDERSON, Linda resigned
    director
  14. 2023-05-19
    HARRIS, Martyn James Brett resigned
    director
  15. 2023-05-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2023-05-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2023-05-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2023-03-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2023-03-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2023-03-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2023-03-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2023-03-07
    ANDERSON, Christopher John appointed
    director
  23. 2023-03-07
    ANDERSON, Linda appointed
    director
  24. 2023-03-07
    BATES-BROWNSWORD, Darryl, Mr. resigned
    director
  25. 2023-03-07
    HARRIS, Martyn James Brett appointed
    director
  26. 2022-06-23
    📄
    resolution
    resolution · RESOLUTIONS
  27. 2022-06-23
    📄
    memorandum-articles
    incorporation · MA
  28. 2022-03-29
    🏢
    Company incorporated
    As ADVANCED SYSTEMS UNDERSTANDING TRUSTEE LIMITED
  29. 2022-03-29
    BATES-BROWNSWORD, Darryl, Mr. appointed
    director
  30. 2022-03-29
    MCKECHNIE, Paul appointed
    director
  31. 2022-03-29
    STOWELL, Matthew Gerald appointed
    director
  32. 2022-03-29
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high · 1 low
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-07

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Advanced Systems Understanding Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Advanced Systems Understanding Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
ADVANCED SYSTEMS UNDERSTANDING TRUSTEE LIMITED
This company · 14009975

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Advanced Systems Understanding Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control29/03/2022

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 →

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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
Incorporated2022-03-29
Jurisdictionengland-wales
Primary SIC66190 — Other activities auxiliary to financial services, except insurance and pension funding

Registered office

F10 F10 Business Cyber Centre
Unit 7 Greenways Business Park
Chippenham
Wiltshire
SN15 1BN
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-07OVERDUE
Last: 2025-03-24

Officers (2 active · 5 resigned)

ANDERSON, Christopher John
director · ~69y · appointed 2023-03-07
View their other companies + combined net worth →
Active
NICHOLSON, Christine
director · ~60y · appointed 2023-05-19
View their other companies + combined net worth →
Active
ANDERSON, Linda
director · ~70y · appointed 2023-03-07 · resigned 2023-05-19
Resigned
BATES-BROWNSWORD, Darryl, Mr.
director · ~62y · appointed 2022-03-29 · resigned 2023-03-07
Resigned
HARRIS, Martyn James Brett
director · ~49y · appointed 2023-03-07 · resigned 2023-05-19
Resigned
MCKECHNIE, Paul
director · ~59y · appointed 2022-03-29 · resigned 2023-08-31
Resigned
STOWELL, Matthew Gerald
director · ~53y · appointed 2022-03-29 · resigned 2026-03-30
Resigned

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

Recent filings (22 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-03-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-13
termination-director-company-with-name-termination-date
officers · TM01
2023-09-18
appoint-person-director-company-with-name-date
officers · AP01
2023-05-19
termination-director-company-with-name-termination-date
officers · TM01
2023-05-19
termination-director-company-with-name-termination-date
officers · TM01
2023-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-15