AS HOLDCO LIMITED

🌿Early-stageactive
15090498 · ltd · incorporated 2023-08-22
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 Aug 2024
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 2.1y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 2.1 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (75/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 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
10 connected companies via shared directors
75
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-31
Average employees331

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

4 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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-11-25
    📄
    accounts-with-accounts-type-group
    accounts · AA
  2. 2025-10-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-10-17
    🔓
    Charge satisfied #1
  4. 2025-10-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-10-07
    🔒
    Charge registered #2
    Lender: Cynergy Bank PLC (As Security Agent)
  6. 2024-06-28
    📄
    memorandum-articles
    incorporation · MA
  7. 2024-06-28
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2024-06-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2024-06-24
    🔒
    Charge registered #1
    Lender: Fintex Partners Limited
  10. 2023-11-22
    📄
    memorandum-articles
    incorporation · MA
  11. 2023-11-22
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2023-11-22
    📄
    memorandum-articles
    incorporation · MA
  13. 2023-11-22
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2023-11-06
    📄
    memorandum-articles
    incorporation · MA
  15. 2023-11-06
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2023-11-06
    📄
    capital-name-of-class-of-shares
    capital · SH08
  17. 2023-11-06
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  18. 2023-10-30
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  19. 2023-10-30
    📄
    legacy
    capital · SH20
  20. 2023-10-30
    ⚠️
    legacy
    insolvency · CAP-SS
  21. 2023-10-30
    📄
    resolution
    resolution · RESOLUTIONS
  22. 2023-10-30
    📄
    capital-allotment-shares
    capital · SH01
  23. 2023-08-22
    🏢
    Company incorporated
    As AS HOLDCO LIMITED
  24. 2023-08-22
    KHAN, Ali appointed
    director
  25. 2023-08-22
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +Young company: Only 2.9 years old — management layer unlikely to be developed.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2023-10-30: legacy

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ali Khan
Individual · British · DOB 03/1965 · age 61
75100%
75–100%board control75-100% shares · 75-100% voting · board control22/08/2023

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
Incorporated2023-08-22
Jurisdictionengland-wales
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

651 London Road
High Wycombe
HP11 1EZ
England

Filing status

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

Officers (1 active · 0 resigned)

KHAN, Ali
director · ~61y · appointed 2023-08-22
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Cynergy Bank (As Security Agent)
Cynergy Bank PLC (As Security Agent)
A registered charge07/10/2025
satisfied
Fintex Partners
Fintex Partners Limited
A registered charge1 property24/06/202417/10/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (22 total)

accounts-with-accounts-type-group
accounts · AA
2025-11-25
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-18
memorandum-articles
incorporation · MA
2024-06-28
resolution
resolution · RESOLUTIONS
2024-06-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-25
memorandum-articles
incorporation · MA
2023-11-22
resolution
resolution · RESOLUTIONS
2023-11-22
memorandum-articles
incorporation · MA
2023-11-22
resolution
resolution · RESOLUTIONS
2023-11-22
memorandum-articles
incorporation · MA
2023-11-06
resolution
resolution · RESOLUTIONS
2023-11-06
capital-name-of-class-of-shares
capital · SH08
2023-11-06