ASHTON PROPERTIES (GLASGOW) LIMITED
🌳Matureactive
SC161669 · ltd · incorporated 1995-11-16
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£1.43M
book net assets
Opportunity
68/100
Strong
What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 68/100 (strong), bankability 57/100. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
16 live charges · 4 lenders · oldest 29.9y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 29.9 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
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
16 charges (16/16 with lender, 16/16 with type)
90
Directors & officers
11 officers (2 active, 11 linked, 8 with DOB)
85
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
148 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
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
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £1,425,857
Cash YoY
-30%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£402k
↓ 30% YoY
Net Worth
£1.4m
↑ 28% YoY
Current Assets
£1.4m
↑ 75% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £5.76M | £4.60M |
| Current assets | £1.38M | £788.9k |
| Cash | £402.4k | £578.1k |
| Debtors | £911.3k | £114.3k |
| Net assets | £1.43M | £1.11M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (68 events)Click to expand
- 2025-09-29📄accounts-with-accounts-type-mediumaccounts · AA
- 2024-10-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-10-15🔓Charge satisfied #11
- 2024-10-15🔓Charge satisfied #10
- 2024-10-15🔓Charge satisfied #9
- 2024-10-15🔓Charge satisfied #8
- 2024-10-15🔓Charge satisfied #7
- 2024-10-15🔓Charge satisfied #6
- 2024-10-15🔓Charge satisfied #5
- 2024-10-14🔒Charge registered #16Lender: Bank of Scotland PLC
- 2024-10-14🔒Charge registered #15Lender: Bank of Scotland PLC
- 2024-10-14🔒Charge registered #14Lender: Bank of Scotland PLC
- 2024-10-14🔒Charge registered #13Lender: Bank of Scotland PLC
- 2024-10-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-07🔒Charge registered #12Lender: Bank of Scotland PLC
- 2024-09-27📄accounts-with-accounts-type-fullaccounts · AA
- 2024-07-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-07-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-07-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-10-16📄accounts-with-accounts-type-fullaccounts · AA
- 2022-10-07📄accounts-with-accounts-type-fullaccounts · AA
- 2022-03-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-01➕WILKINSON, Nicola Caroline appointeddirector
- 2018-12-27➖GRAND ADMINISTRATION SERVICES LIMITED resignedcorporate-secretary
- 2018-12-21➖CHURCH, Michael Andrew resigneddirector
- 2018-12-21➖WHITE, Stephen Richard resigneddirector
- 2018-06-14🔒Charge registered #11Lender: Aib Group (UK) PLC
- 2018-06-14🔒Charge registered #10Lender: Aib Group (UK) PLC
- 2016-05-30🔒Charge registered #9Lender: Aib Group (UK) PLC
- 2014-10-30🔒Charge registered #8Lender: Aib Group (UK) PLC
- 2014-10-17🔒Charge registered #7Lender: Aib Group (UK) PLC
- 2013-08-21🔓Charge satisfied #3
- 2013-07-05🔓Charge satisfied #1
- 2013-07-02🔒Charge registered #6Lender: Aib Group (UK) PLC
- 2013-06-26➕NORMAN, Oliver James appointeddirector
- 2013-06-26➖KENNEDY, Gordon Philip resigneddirector
- 2013-06-26➖MCANENEY, William Turner resigneddirector
- 2013-06-26➖PATRICK, Stuart Leslie resigneddirector
- 2013-06-26➕WHITE, Stephen Richard appointeddirector
- 2013-06-12🔒Charge registered #5Lender: Aib Group (UK) PLC
Showing most recent 50 of 68 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 13 years.
- secondaryStable-but-static management: Company is 30 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
2 corporate shareholders identified. Group structure is distributed.
🏛️majority
Dada Events Ltd
Corporate parent · holds 50-75% shares · board control
🏛️significant stake
Elmbank Lease Limited
Corporate parent · holds 25-50% shares
⬇
ASHTON PROPERTIES (GLASGOW) LIMITED
This company · SC161669
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Dada Events Ltd Corporate entity | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 29/07/2024 |
Elmbank Lease Limited Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 29/07/2024 |
Mr Oliver James Norman Individual · British · DOB 02/1978 · age 48 | — | — | sig. influencesignificant influence | 21/12/2018 |
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 →Similar companies
Active · Hospitality · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BEIRUT SKY LIMITED→ SC566048 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BELL 49 LTD→ SC787999 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BENVIEW COFFEE SHOP LIMITED→ SC529494 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| BG 555 LIMITED→ SC493928 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| BISLEY CATERING LIMITED→ SC448249 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| BLACK BULL INN LTD→ SC732472 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BLACKFRIARS STREET (GLASGOW) LTD→ SC882827 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BLANC EVENTS LTD→ SC744412 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BLANTYRE CIBO LTD→ SC848322 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BLASCO LTD→ SC771710 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BLONDE ROASTERS LTD→ SC858035 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BLUDAN LIMITED→ SC611533 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated1995-11-16
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants
Registered office
Itison House, 29 Cochrane Street
Glasgow
G1 1HL
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-28
Last: 2026-02-14
Officers (2 active · 9 resigned)
NORMAN, Oliver James→
Activedirector · ~48y · appointed 2013-06-26
View their other companies + combined net worth →
WILKINSON, Nicola Caroline→
Activedirector · ~38y · appointed 2022-03-01
View their other companies + combined net worth →
GRAND ADMINISTRATION SERVICES LIMITED→
Resignedcorporate-secretary · appointed 2010-02-04 · resigned 2018-12-27
LYCIDAS SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1995-11-16 · resigned 2012-03-31
CHURCH, Michael Andrew→
Resigneddirector · ~61y · appointed 2011-12-05 · resigned 2018-12-21
KENNEDY, Gordon Philip→
Resigneddirector · ~69y · appointed 2010-12-14 · resigned 2013-06-26
MCANENEY, William Turner→
Resigneddirector · ~76y · appointed 1996-05-21 · resigned 2013-06-26
MORTON, Robin James Mackenzie→
Resigneddirector · ~75y · appointed 1996-05-21 · resigned 2011-11-17
PATRICK, Stuart Leslie→
Resigneddirector · ~64y · appointed 1996-05-21 · resigned 2013-06-26
WHITE, Stephen Richard→
Resigneddirector · ~66y · appointed 2013-06-26 · resigned 2018-12-21
LYCIDAS NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 1995-11-16 · resigned 1996-05-21
Click a director name to see their full track record across all companies.
Mortgages & charges
16
Total charges
5
Outstanding
1
Active lenders
Status:Lender:16 of 16 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 14/10/2024 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 14/10/2024 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 14/10/2024 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 14/10/2024 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 07/10/2024 | — | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | A registered charge | 2 properties | 14/06/2018 | 15/10/2024 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | A registered charge | 1 property | 14/06/2018 | 15/10/2024 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | A registered charge | 1 property | 30/05/2016 | 15/10/2024 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | A registered charge | 1 property | 30/10/2014 | 15/10/2024 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | A registered charge | 1 property | 17/10/2014 | 15/10/2024 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | A registered charge | 1 property | 02/07/2013 | 15/10/2024 | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | A registered charge | 1 property | 12/06/2013 | 15/10/2024 | |
| satisfied | Scottish & Newcastle Scottish & Newcastle PLC | Standard security | 1 property | 07/06/1996 | 17/07/2008 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 07/06/1996 | 21/08/2013 | |
| satisfied | Scottish & Newcastle Scottish & Newcastle PLC | Floating charge | 1 property | 03/06/1996 | 17/07/2008 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 21/05/1996 | 05/07/2013 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (148 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-12
accounts-with-accounts-type-medium
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-11