ASA INTERNATIONAL LIMITED
💤Zombieactive
SC237955 · ltd · incorporated 2002-10-10
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Temporary employment agency activities
Sector: Administrative & support services
Investor take
PursueActive trading company with a 61-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 57/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
5 live charges · 3 lenders · oldest 23.3y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 23.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: low (54/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
9 officers (1 active, 9 linked, 5 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
108 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
5
filings
- • 5 mortgage
Last 180 days
6
filings
- • 5 mortgage
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
- 2026-02-13📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2026-02-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-05📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2026-02-05📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2026-02-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-02🔒Charge registered #5Lender: Reward Finance Group Limited
- 2026-01-30🔒Charge registered #4Lender: Reward Finance Group Limited
- 2025-12-17📄accounts-with-accounts-type-fullaccounts · AA
- 2025-02-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-25🔓Charge satisfied #2
- 2024-12-11📄accounts-with-accounts-type-fullaccounts · AA
- 2023-12-01📄accounts-with-accounts-type-fullaccounts · AA
- 2023-03-06📄capital-return-purchase-own-sharescapital · SH03
- 2023-03-03📄capital-cancellation-sharescapital · SH06
- 2023-02-16📄resolutionresolution · RESOLUTIONS
- 2023-02-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-15📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-02-14➖DONALDSON, Paul resignedsecretary
- 2023-02-14➖DONALDSON, Paul resigneddirector
- 2023-01-04📄accounts-with-accounts-type-fullaccounts · AA
- 2021-12-20📄accounts-with-accounts-type-fullaccounts · AA
- 2021-02-04📄accounts-with-accounts-type-fullaccounts · AA
- 2019-09-03📄accounts-with-accounts-type-fullaccounts · AA
- 2015-04-07➖WEIR, Robert Joseph Lindsay resigneddirector
- 2010-08-12➕WEIR, Robert Joseph Lindsay appointeddirector
- 2010-06-18➖MANSON, Graeme resigneddirector
- 2005-11-14🔒Charge registered #3Lender: The Royal Bank of Scotland Commercial Services Limited
- 2005-09-05🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2005-05-06➕DONALDSON, Paul appointedsecretary
- 2005-05-06➖HALL, Greg Simon resignedsecretary
- 2005-05-06➖HALL, Greg Simon resigneddirector
- 2005-04-15➕DONALDSON, Paul appointeddirector
- 2003-09-12➕MANSON, Graeme appointeddirector
- 2003-01-15🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2003-01-13➕MOIR, Iain appointeddirector
- 2003-01-13➕HALL, Greg Simon appointedsecretary
- 2003-01-13➖HBJ SECRETARIAL LIMITED resignedcorporate-nominee-secretary
- 2003-01-13➕HALL, Greg Simon appointeddirector
- 2003-01-13➖HENDERSON BOYD JACKSON LIMITED resignedcorporate-nominee-director
- 2002-10-10🏢Company incorporatedAs ASA INTERNATIONAL LIMITED
- 2002-10-10➕HBJ SECRETARIAL LIMITED appointedcorporate-nominee-secretary
- 2002-10-10➕HENDERSON BOYD JACKSON LIMITED appointedcorporate-nominee-director
Owner dependency
93/100
Critical — business is the founderThe 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.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
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.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Iain Moir Individual · British · DOB 11/1965 · age 61 | 75–100% | — | 75-100% shares | 06/04/2016 |
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
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
Incorporated2002-10-10
Jurisdictionscotland
Primary SIC78200 — Temporary employment agency activities
Registered office
6 Coates Crescent
Edinburgh
Midlothian
EH3 7AL
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-23
Last: 2025-10-09
Officers (1 active · 8 resigned)
Active
DONALDSON, Paul→
Resignedsecretary · appointed 2005-05-06 · resigned 2023-02-14
HALL, Greg Simon→
Resignedsecretary · appointed 2003-01-13 · resigned 2005-05-06
HBJ SECRETARIAL LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-10-10 · resigned 2003-01-13
DONALDSON, Paul→
Resigneddirector · ~57y · appointed 2005-04-15 · resigned 2023-02-14
HALL, Greg Simon→
Resigneddirector · ~61y · appointed 2003-01-13 · resigned 2005-05-06
MANSON, Graeme→
Resigneddirector · ~67y · appointed 2003-09-12 · resigned 2010-06-18
WEIR, Robert Joseph Lindsay→
Resigneddirector · ~71y · appointed 2010-08-12 · resigned 2015-04-07
HENDERSON BOYD JACKSON LIMITED→
Resignedcorporate-nominee-director · appointed 2002-10-10 · resigned 2003-01-13
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
4
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Reward Finance Group Reward Finance Group Limited | A registered charge | 1 property | 02/02/2026 | — | |
| outstanding | Reward Finance Group Reward Finance Group Limited | A registered charge | 1 property | 30/01/2026 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland Commercial Services Limited | Floating charge | 1 property | 14/11/2005 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 05/09/2005 | 25/02/2025 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 15/01/2003 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (108 total)
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2026-02-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-05
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2026-02-05
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2026-02-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-03
accounts-with-accounts-type-full
accounts · AA
2025-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-02-25
accounts-with-accounts-type-full
accounts · AA
2024-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-21
accounts-with-accounts-type-full
accounts · AA
2023-12-01
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-11
capital-return-purchase-own-shares
capital · SH03
2023-03-06
capital-cancellation-shares
capital · SH06
2023-03-03
resolution
resolution · RESOLUTIONS
2023-02-16