ASHGILL ELECTRONICS LIMITED
🌳Matureactive
SC069440 · ltd · incorporated 1979-10-03
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
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 27900
Sector: Manufacturing
Investor take
PursueActive trading company with a 85-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 85). Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
5 live charges · 3 lenders · oldest 43.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 43.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (55/100)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
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
129 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
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
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 (30 events)Click to expand
- 2025-09-16📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-08📄accounts-with-accounts-type-mediumaccounts · AA
- 2024-10-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-20📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-03-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-10-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-10-10📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-10📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-14➕CORBETT, Poppy appointedsecretary
- 2023-09-14📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-08-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-08📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-09-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-08-18➖CORBETT, Jeanette Graham resignedsecretary
- 2022-08-18➖CORBETT, Jeanette Graham resigneddirector
- 2022-03-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-02-14📄change-person-director-company-with-change-dateofficers · CH01
- 2021-10-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-01-05📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2011-12-15🔒Charge registered #5Lender: Clydesdale Bank PLC
- 2005-12-31➕CORBETT, David Alexander appointeddirector
- 2005-12-31➕CORBETT, Poppy appointeddirector
- 1993-06-04🔒Charge registered #4Lender: British Steel (Industry) Limited
- 1993-05-24🔒Charge registered #3Lender: British Steel (Industry) Limited
- 1987-02-09🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 1982-07-23🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1979-10-03🏢Company incorporatedAs ASHGILL ELECTRONICS LIMITED
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
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 85 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 85 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 low5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew Robert Corbett Individual · British · DOB 09/1941 · age 85 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
Miss Poppy Corbett Individual · British · DOB 06/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 29/02/2024 |
1 historic (ceased) PSC
- Mrs Jeannette Graham Corbettceased 29/02/2024· 25-50% shares · 25-50% voting
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
8 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
Incorporated1979-10-03
Jurisdictionscotland
Primary SIC27900 — SIC 27900
Registered office
Block 6 Dunedin Road
Larkhall Ind Estate
Larkhall
ML9 2QS
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-14
Last: 2025-08-31
Officers (4 active · 2 resigned)
Active
Active
CORBETT, David Alexander→
Activedirector · ~58y · appointed 2005-12-31
View their other companies + combined net worth →
CORBETT, Poppy→
Activedirector · ~55y · appointed 2005-12-31
View their other companies + combined net worth →
CORBETT, Jeanette Graham→
Resignedsecretary · resigned 2022-08-18
CORBETT, Jeanette Graham→
Resigneddirector · ~85y · resigned 2022-08-18
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
5
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 15/12/2011 | — | |
| outstanding | British Steel (Industry) British Steel (Industry) Limited | Standard security | 1 property | 04/06/1993 | — | |
| outstanding | British Steel (Industry) British Steel (Industry) Limited | Bond & floating charge | 2 properties | 24/05/1993 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 09/02/1987 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 23/07/1982 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (129 total)
change-person-director-company-with-change-date
officers · CH01
2025-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-16
accounts-with-accounts-type-medium
accounts · AA
2025-09-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-16
change-person-director-company-with-change-date
officers · CH01
2024-03-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-03-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-10
change-person-director-company-with-change-date
officers · CH01
2023-10-10
change-person-director-company-with-change-date
officers · CH01
2023-10-10
appoint-person-secretary-company-with-name-date
officers · AP03
2023-09-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-03