ACE ASSETS HOLDING LIMITED

🌿Early-stageactive
15296222 · ltd · incorporated 2023-11-20
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
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Turnover
year to Nov 2024
Net worth
£-2.5k
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 75/100. 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: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

1 live charge · oldest 2.3y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 2.3 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (70/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
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
8 filings
60
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
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £2,479

Key financials

1 year extracted from filed iXBRL accounts
Cash
£75k
Net Worth
-£2k
Current Assets
£75k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-30
Total assets£173.0k
Current assets£75.2k
Cash£74.6k
Debtors£582
Net assets£-2.5k

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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2025-08-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-03-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2024-03-22
    🔒
    Charge registered #1
    Lender: Aldermore Bank PLC
  4. 2024-01-02
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2023-12-27
    📄
    capital-name-of-class-of-shares
    capital · SH08
  6. 2023-11-20
    🏢
    Company incorporated
    As ACE ASSETS HOLDING LIMITED
  7. 2023-11-20
    HORNER, Lok Yi appointed
    director
  8. 2023-11-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +Young company: Only 2.6 years old — management layer unlikely to be developed.

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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Lok Yi Horner
Individual · British · DOB 04/1981 · age 45
75100%
75–100%board control75-100% shares · 75-100% voting · board control20/11/2023

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.

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Company details

Statusactive
Typeltd
Incorporated2023-11-20
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

3 Wroslyn Road Industrial Estate
Freeland
Witney
OX29 8HZ
England

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-01-16
Last: 2026-01-02

Officers (1 active · 0 resigned)

HORNER, Lok Yi
director · ~45y · appointed 2023-11-20
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
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property22/03/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (8 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-22
resolution
resolution · RESOLUTIONS
2024-01-02
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-02
capital-name-of-class-of-shares
capital · SH08
2023-12-27
incorporation-company
incorporation · NEWINC
2023-11-20