ASPEN JOINERY & GLAZING LTD.

🏛️Establishedactive
SC573399 · ltd · incorporated 2017-08-10
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.
🔒Estimated value
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Turnover
year to Aug 2024
Net worth
£26.9k
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Special-situation opportunity
Distressed trade-services with salvageable qualities — special-situations priority.

Opportunity 64/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £26,884

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£27k
↑ 151% YoY
Current Assets
£27k
↑ 151% YoY
Current Liabilities
£0£5k£11k£16k£22k£27kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£26.9k£10.7k
Current assets£26.9k£10.7k
Net assets£26.9k£10.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

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 (17 events)Click to expand
  1. 2025-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-04-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-02-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-01-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-09-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2021-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-08-04
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2021-08-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-07-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2020-01-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-09-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-07-18
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2019-07-09
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2017-08-10
    🏢
    Company incorporated
    As ASPEN JOINERY & GLAZING LTD.
  15. 2017-08-10
    BROWN, David John Stuart appointed
    director
  16. 2017-08-10
    BROWN, Thomas Anthony appointed
    director
  17. 2017-08-10
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-04-07

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr David John Stuart Brown
Individual · Scottish · DOB 07/1985 · age 41
2550%
25–50%25-50% shares · 25-50% voting10/08/2017
Thomas Anthony Brown
Individual · British · DOB 02/1992 · age 34
2550%
25–50%25-50% shares · 25-50% voting10/08/2017

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

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2017-08-10
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.

Registered office

Unit 9 Fisherrow Industrial Estate
Newhailes Road
Musselburgh
EH21 6RU
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-04-07OVERDUE
Last: 2025-03-24

Officers (2 active · 0 resigned)

BROWN, David John Stuart
director · ~41y · appointed 2017-08-10
View their other companies + combined net worth →
Active
BROWN, Thomas Anthony
director · ~34y · appointed 2017-08-10
View their other companies + combined net worth →
Active

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

Recent filings (22 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-28
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-28
gazette-filings-brought-up-to-date
gazette · DISS40
2021-08-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-03
gazette-notice-compulsory
gazette · GAZ1
2021-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-12