ASM PARTNERSHIP LTD
💤Zombieactive
SC489296 · ltd · incorporated 2014-10-20
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
—
year to Oct 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
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
5 officers (1 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2025-05-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-03-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-31📄capital-return-purchase-own-sharescapital · SH03
- 2021-07-30➖CORCORAN, Mark Christian resigneddirector
- 2021-07-30➖GOLDIE, Andrew resigneddirector
- 2021-07-30➖ROBB, Steven Paul resigneddirector
- 2021-07-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-07-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-07-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-07-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-07-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-07-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-07-06📄change-person-director-company-with-change-dateofficers · CH01
- 2021-07-06📄change-person-director-company-with-change-dateofficers · CH01
- 2021-07-05➕DOCHERTY, Gary appointeddirector
- 2021-07-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-05-12➖DOCHERTY, Gary resigneddirector
- 2015-02-23➕DOCHERTY, Gary appointeddirector
- 2014-10-20🏢Company incorporatedAs ASM PARTNERSHIP LTD
- 2014-10-20➕CORCORAN, Mark Christian appointeddirector
- 2014-10-20➕GOLDIE, Andrew appointeddirector
- 2014-10-20➕ROBB, Steven Paul appointeddirector
Owner dependency
83/100
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.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gary Docherty Individual · British · DOB 08/1967 · age 59 | — | — | sig. influencesignificant influence | 05/07/2021 |
1 historic (ceased) PSC
- Mr Mark Corcoranceased 05/07/2021· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
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| AURA TAN LTD→ SC850707 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AXION TECHNOLOGY LIMITED→ SC777535 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AYOOLA SUPERMARKET LTD→ SC881881 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AZI FOODS LTD→ SC773321 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AZS786 LTD→ SC666530 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AZTAZ LIMITED→ SC750044 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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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
Incorporated2014-10-20
Jurisdictionscotland
Primary SIC47910 — Retail sale via mail order houses or via Internet
Registered office
10 Birch Road
Clydebank
G81 3NZ
Scotland
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-07-21
Last: 2025-07-07
Officers (1 active · 4 resigned)
DOCHERTY, Gary→
Activedirector · ~59y · appointed 2021-07-05
View their other companies + combined net worth →
CORCORAN, Mark Christian→
Resigneddirector · ~46y · appointed 2014-10-20 · resigned 2021-07-30
DOCHERTY, Gary→
Resigneddirector · ~59y · appointed 2015-02-23 · resigned 2016-05-12
GOLDIE, Andrew→
Resigneddirector · ~32y · appointed 2014-10-20 · resigned 2021-07-30
ROBB, Steven Paul→
Resigneddirector · ~44y · appointed 2014-10-20 · resigned 2021-07-30
Click a director name to see their full track record across all companies.
Recent filings (40 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-11
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-05-18
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-02
capital-return-purchase-own-shares
capital · SH03
2021-08-31
termination-director-company-with-name-termination-date
officers · TM01
2021-07-30
termination-director-company-with-name-termination-date
officers · TM01
2021-07-30
termination-director-company-with-name-termination-date
officers · TM01
2021-07-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-07