ASA - MANAGEMENT FACILITIES LIMITED

💤Zombieactive
SC581086 · ltd · incorporated 2017-11-09
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

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
£-21.0k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 76/100 (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: Cash flow review and working-capital discipline. Cash down -54% YoY — forensic review of receivables, stock turns, and creditor days. 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
2 officers (2 active, 2 linked, 1 with DOB)
80
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
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £20,992
Cash draining
Cash down 54% YoY
Cash YoY
-54%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1k
↓ 54% YoY
Net Worth
-£21k
↓ 6.6% YoY
Current Assets
£1k
↓ 94% YoY
Current Liabilities
—
-£21k-£13k-£6k£2k£10k£17kMar 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£-21.0k£490
Current assets£1.1k£17.4k
Cash£1.1k£2.4k
Debtors—£15.0k
Net assets£-21.0k£-19.7k

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 (16 events)Click to expand
  1. 2025-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-25
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2023-03-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-03-10
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  7. 2023-02-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2022-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-08-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-08-01
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  13. 2017-11-09
    🏢
    Company incorporated
    As ASA - MANAGEMENT FACILITIES LIMITED
  14. 2017-11-09
    ➕
    ABERNETHY, Anne appointed
    secretary
  15. 2017-11-09
    ➕
    ABERNETHY, Anne Stewart appointed
    director
  16. 2017-11-09
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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 Anne Stewart Abernethy
Individual · British · DOB 01/1962 · age 64
75–100%
—75-100% shares09/11/2017

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 →
🔒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.

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Company details

Statusactive
Typeltd
Incorporated2017-11-09
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

40 Forsyth Court
Lanark
Lanarkshire
ML11 7BQ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-12
Last: 2025-11-28

Officers (2 active · 0 resigned)

ABERNETHY, Anne→
secretary · appointed 2017-11-09
View their other companies + combined net worth →
Active
ABERNETHY, Anne Stewart→
director · ~64y · appointed 2017-11-09
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)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-26
gazette-filings-brought-up-to-date
gazette · DISS40
2023-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-24
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-03-10
gazette-notice-compulsory
gazette · GAZ1
2023-02-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-02