ASHTON CONTRACTS LTD

🌳Matureactive
SC299099 · ltd · incorporated 2006-03-17
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.
Why now
Window opening · high confidence
More negotiable than before — 3 signals weakening over the last 30 days.
  • · Opportunity score: 65 → 58
  • · Hygiene score: 35 → 25
  • · Bankability: 55 → 45
  • · Distress / opportunity: speculative → attractive
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 3 recent signals weakening vs 0 strengthening
What changed my view
Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

  • Opportunity score: 6558
  • Hygiene score: 3525
  • Bankability: 5545
  • ·Distress / opportunity: speculativeattractive
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Mar 2024
Net worth
£89.9k
book net assets
Opportunity
58/100
Worth a look
🔔
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What this business does
Primary activity: Painting
Sector: Construction
Investor take
Special-situation opportunity
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 58/100 (worth a look), bankability 45/100. Same-surname younger director in place — likely family handover, not open to sale. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (78/100)

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
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, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
58/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
38
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £89,933

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£90k
↑ 27% YoY
Current Assets
£229k
↑ 49% YoY
Current Liabilities
£0£46k£92k£138k£183k£229kMar 2023Mar 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-03-312023-03-31
Total assets£132.5k£77.5k
Current assets£229.2k£153.4k
Net assets£89.9k£71.0k

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
1
filing
  • 1 address
Last 90 days
2
filings
  • 2 address
Last 180 days
2
filings
  • 2 address
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-06-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-05-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-09-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-09-14
    ASHTON, Emma Louise resigned
    director
  5. 2025-05-27
    ASHTON, Frances resigned
    secretary
  6. 2025-05-27
    ASHTON, Frances resigned
    director
  7. 2025-05-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-05-27
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2024-08-16
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  10. 2024-08-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2024-08-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2024-08-01
    ASHTON, Emma Louise appointed
    director
  13. 2024-08-01
    ASHTON, Frances appointed
    director
  14. 2024-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2024-06-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2023-09-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2023-07-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2023-06-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2023-06-01
    ASHTON, Andrew appointed
    director
  20. 2022-11-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2022-03-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2022-01-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  23. 2021-04-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  24. 2021-03-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  25. 2006-03-17
    🏢
    Company incorporated
    As ASHTON CONTRACTS LTD
  26. 2006-03-17
    ASHTON, Brian appointed
    director
  27. 2006-03-17
    ASHTON, Frances appointed
    secretary
  28. 2006-03-17
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  29. 2006-03-17
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  30. 2006-03-17
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  31. 2006-03-17
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

99/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "ASHTON" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

31/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — ASHTON, Andrew (same surname) appointed 2023-06-01. Pattern consistent with intra-family handover.
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high · 1 med · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Confirmation statement overdue
high

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

Evidence: Next due: 2026-06-28

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-08-16: certificate-change-of-name-company

Multiple registered office changes
low

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

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Brian Ashton
Individual · British · DOB 06/1967 · age 59
2550%
25–50%25-50% shares · 25-50% voting30/06/2016
1 historic (ceased) PSC
  • Mrs Frances Ashtonceased 15/03/2021· 25-50% shares · 25-50% voting

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
Incorporated2006-03-17
Jurisdictionscotland
Primary SIC43341 — Painting

Registered office

2nd Floor 22-24 Blythswood Square
Glasgow
G2 4BG
Scotland

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-03-31
Confirmation statement
Next due: 2026-06-28OVERDUE
Last: 2025-06-14

Officers (2 active · 5 resigned)

ASHTON, Andrew
director · ~32y · appointed 2023-06-01
View their other companies + combined net worth →
Active
ASHTON, Brian
director · ~59y · appointed 2006-03-17
View their other companies + combined net worth →
Active
ASHTON, Frances
secretary · appointed 2006-03-17 · resigned 2025-05-27
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2006-03-17 · resigned 2006-03-17
Resigned
ASHTON, Emma Louise
director · ~33y · appointed 2024-08-01 · resigned 2025-09-14
Resigned
ASHTON, Frances
director · ~62y · appointed 2024-08-01 · resigned 2025-05-27
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2006-03-17 · resigned 2006-03-17
Resigned

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

Recent filings (63 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-06-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-05-06
termination-director-company-with-name-termination-date
officers · TM01
2025-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-18
termination-director-company-with-name-termination-date
officers · TM01
2025-05-27
termination-secretary-company-with-name-termination-date
officers · TM02
2025-05-27
certificate-change-of-name-company
change-of-name · CERTNM
2024-08-16
appoint-person-director-company-with-name-date
officers · AP01
2024-08-05
appoint-person-director-company-with-name-date
officers · AP01
2024-08-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-18
change-person-director-company-with-change-date
officers · CH01
2024-06-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-14