ASHRONA POWER SYSTEMS LIMITED

🌳Matureactive
SC318142 · ltd · incorporated 2007-03-09
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Why now
Window closing · high confidence
Getting harder to buy — profile has hardened into "well run hard buy" recently.
  • · Investment thesis: unclassified → well_run_hard_buy
  • · Hygiene score: 70 → 90
  • · Opportunity score: 73 → 82
  • · Bankability: 70 → 80
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 7.7y old — refinance window within 12 months
What changed my view
Last 30 days

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

  • ·Investment thesis: unclassified → well_run_hard_buy
  • ↑Opportunity score: 73 → 82
  • ↑Hygiene score: 70 → 90
  • ↑Bankability: 70 → 80
  • ·Distress / opportunity: exceptional → avoid
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 2025
Net worth
£1.68M
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 35110
Sector: Electricity, gas & energy
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 7.7y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 7.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
59 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,679,509
Cash YoY
-13%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.4m
↓ 13% YoY
Net Worth
£1.7m
↑ 3.2% YoY
Current Assets
£2.4m
↓ 5.7% YoY
Current Liabilities
—
£0£501k£1.0m£1.5m£2.0m£2.5mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£1.76M£1.73M
Current assets£2.36M£2.50M
Cash£1.39M£1.60M
Debtors£968.0k£901.3k
Net assets£1.68M£1.63M

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
3
filings
  • • 1 persons-with-significant-control
  • • 1 confirmation-statement
  • • 1 officers
Last 90 days
3
filings
  • • 1 persons-with-significant-control
  • • 1 confirmation-statement
  • • 1 officers
Last 180 days
4
filings
  • • 1 persons-with-significant-control
  • • 1 confirmation-statement
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-05-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-05-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-08-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-01-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-03-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-02-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-11-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-08-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2020-07-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2020-07-15
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  12. 2020-07-06
    ➖
    BROWN, Aaron Gordon Hastings resigned
    director
  13. 2019-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-10-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2018-10-16
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  17. 2017-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2016-12-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2007-06-25
    ➕
    BROWN, Ashleigh Catherine appointed
    secretary
  20. 2007-06-25
    ➕
    BROWN, Ashleigh Catherine appointed
    director
  21. 2007-06-25
    ➕
    BROWN, Austen James Hastings appointed
    director
  22. 2007-06-25
    ➖
    MACROBERTS - (FIRM) resigned
    corporate-nominee-secretary
  23. 2007-06-25
    ➕
    BROWN, Aaron Gordon Hastings appointed
    director
  24. 2007-06-25
    ➖
    MACROBERTS CORPORATE SERVICES LIMITED resigned
    corporate-nominee-director
  25. 2007-03-09
    🏢
    Company incorporated
    As ASHRONA POWER SYSTEMS LIMITED
  26. 2007-03-09
    ➕
    MACROBERTS - (FIRM) appointed
    corporate-nominee-secretary
  27. 2007-03-09
    ➕
    MACROBERTS CORPORATE SERVICES LIMITED appointed
    corporate-nominee-director

Owner dependency

91/100
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.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 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

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
NameSharesVoting rightsNature of controlNotified
Mr Austen James Hastings Brown
Individual · British · DOB 01/1957 · age 69
25–50%
25–50%board control25-50% shares · 25-50% voting · board control07/04/2016

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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——£1.42M—22y8059y
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————26y7959y
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——£549.9k—14y7975y
GRISSAN CARNSIDE LTD→
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————10y7967y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2007-03-09
Jurisdictionscotland
Primary SIC35110 — SIC 35110

Registered office

11a Bowfield Road
West Kilbride
Ayrshire
KA23 9LB

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-23
Last: 2026-03-09

Officers (3 active · 3 resigned)

BROWN, Ashleigh Catherine→
secretary · appointed 2007-06-25
View their other companies + combined net worth →
Active
BROWN, Ashleigh Catherine→
director · ~36y · appointed 2007-06-25
View their other companies + combined net worth →
Active
BROWN, Austen James Hastings→
director · ~69y · appointed 2007-06-25
View their other companies + combined net worth →
Active
MACROBERTS - (FIRM)→
corporate-nominee-secretary · appointed 2007-03-09 · resigned 2007-06-25
Resigned
BROWN, Aaron Gordon Hastings→
director · ~39y · appointed 2007-06-25 · resigned 2020-07-06
Resigned
MACROBERTS CORPORATE SERVICES LIMITED→
corporate-nominee-director · appointed 2007-03-09 · resigned 2007-06-25
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property15/07/2020—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—16/10/2018—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (59 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-20
confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-20
change-person-director-company-with-change-date
officers · CH01
2026-05-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-09
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-12
termination-director-company-with-name-termination-date
officers · TM01
2020-08-07