ASM RECOVERY LIMITED

🌳Matureactive
SC340517 · ltd · incorporated 2008-03-31
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.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

Data confidence

Overall: medium (77/100)

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 (3 active, 7 linked, 2 with DOB)
76
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees100100

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 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-03-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2020-03-24
    ➕
    MCCOULL, Ian Thomas appointed
    director
  9. 2019-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-11-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-11-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-10-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-04-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-12-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-03-31
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-11-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2011-03-01
    ➕
    MCCOULL, Penny appointed
    secretary
  18. 2011-03-01
    ➖
    MCCOULL, Ian Thomas resigned
    secretary
  19. 2009-04-19
    ➖
    MCCOULL, Penny resigned
    secretary
  20. 2008-03-31
    🏢
    Company incorporated
    As ASM RECOVERY LIMITED
  21. 2008-03-31
    ➕
    MCCOULL, Penny appointed
    director
  22. 2008-03-31
    ➕
    MCCOULL, Ian Thomas appointed
    secretary
  23. 2008-03-31
    ➕
    MCCOULL, Penny appointed
    secretary
  24. 2008-03-31
    ➕
    BRIAN REID LTD. appointed
    corporate-secretary
  25. 2008-03-31
    ➖
    BRIAN REID LTD. resigned
    corporate-secretary
  26. 2008-03-31
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-director
  27. 2008-03-31
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-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 18 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — 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 65. 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 18 years.
  • secondaryStable-but-static management: Company is 18 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Penny Mccoull
Individual · British · DOB 09/1962 · age 64
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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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RUSSEL + AITKEN NOMINEES LIMITED→
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————22y8161y
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————22y8064y
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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
Incorporated2008-03-31
Jurisdictionscotland
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

Glenhead House
Port Of Monteith
Stirlingshire
FK8 3LE

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31

Officers (3 active · 4 resigned)

MCCOULL, Penny→
secretary · appointed 2011-03-01
View their other companies + combined net worth →
Active
MCCOULL, Ian Thomas→
director · ~65y · appointed 2020-03-24
View their other companies + combined net worth →
Active
MCCOULL, Penny→
director · ~64y · appointed 2008-03-31
View their other companies + combined net worth →
Active
MCCOULL, Ian Thomas→
secretary · appointed 2008-03-31 · resigned 2011-03-01
Resigned
MCCOULL, Penny→
secretary · appointed 2008-03-31 · resigned 2009-04-19
Resigned
BRIAN REID LTD.→
corporate-secretary · appointed 2008-03-31 · resigned 2008-03-31
Resigned
STEPHEN MABBOTT LTD.→
corporate-director · appointed 2008-03-31 · resigned 2008-03-31
Resigned

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

Recent filings (48 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-31
appoint-person-director-company-with-name-date
officers · AP01
2020-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-12