ASHTEAD TECHNOLOGY LIMITED
Opportunity 75/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 15 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
27 live charges · 15 lenders · oldest 41.1y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 41.1 years old — likely at or near maturity.
- · 15 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (61/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 persons-with-significant-control
- • 1 persons-with-significant-control
- • 1 confirmation-statement
- • 1 persons-with-significant-control
- • 1 confirmation-statement
Corporate timeline (125 events)Click to expand
- 2026-04-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-10-01📄accounts-with-accounts-type-fullaccounts · AA
- 2025-01-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-01-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-10-08🔒Charge registered #27Lender: Hsbc Corporate Trustee Company (UK) Limited (as Security Trustee for Itself and the Other Secured Parties)
- 2024-10-08🔒Charge registered #26Lender: Hsbc Corporate Trustee Company (UK) Limited (as Security Agent)
- 2024-07-16📄accounts-with-accounts-type-fullaccounts · AA
- 2024-02-05📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-07-11📄accounts-with-accounts-type-fullaccounts · AA
- 2023-04-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-04-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-04-18🔓Charge satisfied #23
- 2023-04-18🔓Charge satisfied #22
- 2023-04-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-04-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-04-05🔒Charge registered #25Lender: Hsbc Corporate Trustee Company (UK) Limited as Security Agent
- 2023-04-05🔒Charge registered #24Lender: Hsbc Corporate Trustee Company (UK) Limited as Security Agent
- 2022-09-09📄accounts-with-accounts-type-fullaccounts · AA
- 2021-12-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-12-09➖CONNOLLY, Joseph Adam resigneddirector
- 2021-11-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-11-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-11-29🔓Charge satisfied #20
- 2021-11-29🔓Charge satisfied #19
- 2021-11-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-11-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-11-23🔒Charge registered #23Lender: Hsbc Corporate Trustee Company (UK) Limited as Security Agent
- 2021-11-23🔒Charge registered #22Lender: Hsbc Corporate Trustee Company (UK) Limited as Security Agent
- 2021-11-11🔓Charge satisfied #21
- 2021-03-29🔒Charge registered #21Lender: Hsbc UK Bank PLC
- 2021-03-18➖HEHIR, Richard Andrew resignedsecretary
- 2021-03-18➖HEHIR, Richard Andrew resigneddirector
- 2021-03-05➕STEWART, Ingrid appointeddirector
- 2018-04-06➕HEHIR, Richard Andrew appointeddirector
- 2018-04-06➖SIMPSON, Peter John resigneddirector
- 2016-04-15🔓Charge satisfied #18
- 2016-04-15🔓Charge satisfied #17
- 2016-04-15🔓Charge satisfied #16
- 2016-04-15🔓Charge satisfied #15
- 2016-04-15🔓Charge satisfied #14
- 2016-04-15🔓Charge satisfied #13
- 2016-04-07➕CONNOLLY, Joseph Adam appointeddirector
- 2016-04-07➖HEHIR, Richard Andrew resigneddirector
- 2016-04-07➖SHEEHAN, Timothy William resigneddirector
- 2016-04-07🔒Charge registered #20Lender: Hsbc Bank PLC (As Security Agent)
- 2016-04-07🔒Charge registered #19Lender: Hsbc Bank PLC (As Security Agent)
- 2014-02-26➕HEHIR, Richard Andrew appointedsecretary
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 41 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Ashtead Technology Midco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ashtead Technology Midco Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 20/12/2024 |
3 historic (ceased) PSCs
- Hsbc Corporate Trustee Company (Uk) Limitedceased 05/04/2023· 75-100% shares
- Hsbc Bank Plcceased 04/09/2019· 75-100% shares · 75-100% voting · board control
- Amazon Acquisitions Limitedceased 20/12/2024· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (2 active · 26 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Corporate Trustee Company (UK) Limited (as Security Trustee for Itself and the Other Secured Parties) | A registered charge | — | 08/10/2024 | — | |
| outstanding | HSBC Hsbc Corporate Trustee Company (UK) Limited (as Security Agent) | A registered charge | — | 08/10/2024 | — | |
| outstanding | HSBC Hsbc Corporate Trustee Company (UK) Limited as Security Agent | A registered charge | — | 05/04/2023 | — | |
| outstanding | HSBC Hsbc Corporate Trustee Company (UK) Limited as Security Agent | A registered charge | — | 05/04/2023 | — | |
| satisfied | HSBC Hsbc Corporate Trustee Company (UK) Limited as Security Agent | A registered charge | — | 23/11/2021 | 18/04/2023 | |
| satisfied | HSBC Hsbc Corporate Trustee Company (UK) Limited as Security Agent | A registered charge | — | 23/11/2021 | 18/04/2023 | |
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 29/03/2021 | 11/11/2021 | |
| satisfied | HSBC Hsbc Bank PLC (As Security Agent) | A registered charge | — | 07/04/2016 | 29/11/2021 | |
| satisfied | HSBC Hsbc Bank PLC (As Security Agent) | A registered charge | — | 07/04/2016 | 29/11/2021 | |
| satisfied | Barclays Barclays Bank PLC | Assignation of insurances | 1 property | 06/05/2011 | 15/04/2016 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 30/12/2010 | 15/04/2016 | |
| satisfied | Barclays Barclays Bank PLC | Bond & floating charge | 1 property | 22/12/2010 | 15/04/2016 | |
| satisfied | Barclays Barclays Bank PLC | Assignation of insurances | 1 property | 22/12/2009 | 15/04/2016 | |
| satisfied | Barclays Barclays Bank PLC | Accession agreement to debenture | 1 property | 26/06/2008 | 15/04/2016 | |
| satisfied | Barclays Barclays Bank PLC | Bond & floating charge | 1 property | 26/06/2008 | 15/04/2016 | |
| satisfied | The Bank of New York | Debenture | 1 property | 31/08/2006 | 04/07/2008 | |
| satisfied | Bank of America N.A | Debenture | 1 property | 31/08/2006 | 04/07/2008 | |
| satisfied | Bank of America N.A | Floating charge | 1 property | 31/08/2006 | 04/07/2008 | |
| satisfied | The Bank of New York | Floating charge | 2 properties | 03/08/2005 | 04/07/2008 | |
| satisfied | The Bank of New York as Trustee | Debenture | 2 properties | 12/11/2004 | 23/09/2006 | |
| satisfied | Bank of America N.A. | Debenture | 2 properties | 12/11/2004 | 14/09/2006 | |
| satisfied | Bank of America N.A. | Floating charge | 1 property | 12/11/2004 | 14/09/2006 | |
| satisfied | The Bank of New York as Trustee and Agent | Floating charge | 1 property | 16/04/2004 | 23/09/2006 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Floating charge | 2 properties | 30/05/2003 | 18/11/2004 | |
| satisfied | Investors in Industry Investors in Industry PLC | Floating charge | 1 property | 25/03/1985 | 17/05/1991 | |
| satisfied | Sub Spek Inspection Consultants Sub Spek Inspection Consultants Limited | Bond & floating charge | 1 property | 25/03/1985 | 22/07/1988 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 22/03/1985 | 03/07/1997 |