ASHTON BUSINESS & PROPERTY LIMITED

💤Zombieactive
SC615064 · ltd · incorporated 2018-11-29
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 Nov 2024
Net worth
£3.9k
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68201Renting and operating of Housing Association real estate
  • 68209Other letting and operating of own or leased real estate
  • 68320Management of real estate on a fee or contract basis
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 73/100 (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 (58/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 5.0y

20/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Charge age ~5.0 years — mid-life; refi window approaching.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
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 £3,859
Net assets shrinking
Down £131 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
£359
Net Worth
£4k
↓ 3.3% YoY
Current Assets
£4k
↓ 54% YoY
Current Liabilities
£0£2k£3k£5k£7k£8kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£3.9k£4.0k
Current assets£3.9k£8.5k
Cash£359
Debtors£3.5k
Net assets£3.9k£4.0k

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-07-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-07-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-07-18
    🔒
    Charge registered #3
    Lender: Kensington Mortgage Company Limited
  4. 2024-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-07-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-02-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2023-02-08
    🔓
    Charge satisfied #2
  8. 2022-12-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2022-12-21
    🔓
    Charge satisfied #1
  10. 2022-06-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-06-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-05-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2021-05-14
    🔒
    Charge registered #2
    Lender: Think Property Trustee LTD (Security Trustee)
  14. 2021-05-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2021-05-13
    🔒
    Charge registered #1
    Lender: Think Property Trustee LTD (Security Trustee)
  16. 2020-06-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-11-29
    🏢
    Company incorporated
    As ASHTON BUSINESS & PROPERTY LIMITED
  18. 2018-11-29
    MCLACHLAN, Morag appointed
    director
  19. 2018-11-29
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • 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
Miss Morag Mclachlan
Individual · British · DOB 06/1983 · age 43
75100%
75–100%75-100% shares · 75-100% voting29/11/2018

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2018-11-29
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

5 Victoria Place
Airdrie
Lanarkshire
ML6 9BU
United Kingdom

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-12
Last: 2025-11-28

Officers (1 active · 0 resigned)

MCLACHLAN, Morag
director · ~43y · appointed 2018-11-29
View their other companies + combined net worth →
Active

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Kensington Mortgage Company
Kensington Mortgage Company Limited
A registered charge1 property18/07/2025
satisfied
Think Property Trustee (Security Trustee)
Think Property Trustee LTD (Security Trustee)
A registered charge1 property14/05/202108/02/2023
satisfied
Think Property Trustee (Security Trustee)
Think Property Trustee LTD (Security Trustee)
A registered charge13/05/202121/12/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (19 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-07-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-25
mortgage-satisfy-charge-full
mortgage · MR04
2023-02-08
mortgage-satisfy-charge-full
mortgage · MR04
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-29
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-05-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-05-13