ASHTEAD TECHNOLOGY LIMITED

🌳Matureactive
SC091624 · ltd · incorporated 1985-02-12
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
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

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

25/100
too messy

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.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
27 charges (27/27 with lender, 27/27 with type)
90
Directors & officers
28 officers (2 active, 28 linked, 22 with DOB)
86
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
254 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
1
filing
  • 1 persons-with-significant-control
Last 90 days
2
filings
  • 1 persons-with-significant-control
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (125 events)Click to expand
  1. 2026-04-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  2. 2025-10-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2025-01-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2025-01-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2024-10-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2024-10-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2024-10-08
    🔒
    Charge registered #27
    Lender: Hsbc Corporate Trustee Company (UK) Limited (as Security Trustee for Itself and the Other Secured Parties)
  8. 2024-10-08
    🔒
    Charge registered #26
    Lender: Hsbc Corporate Trustee Company (UK) Limited (as Security Agent)
  9. 2024-07-16
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2024-02-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2024-02-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2023-07-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2023-04-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2023-04-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2023-04-18
    🔓
    Charge satisfied #23
  16. 2023-04-18
    🔓
    Charge satisfied #22
  17. 2023-04-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2023-04-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2023-04-05
    🔒
    Charge registered #25
    Lender: Hsbc Corporate Trustee Company (UK) Limited as Security Agent
  20. 2023-04-05
    🔒
    Charge registered #24
    Lender: Hsbc Corporate Trustee Company (UK) Limited as Security Agent
  21. 2022-09-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  22. 2021-12-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2021-12-09
    CONNOLLY, Joseph Adam resigned
    director
  24. 2021-11-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  25. 2021-11-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  26. 2021-11-29
    🔓
    Charge satisfied #20
  27. 2021-11-29
    🔓
    Charge satisfied #19
  28. 2021-11-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  29. 2021-11-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  30. 2021-11-23
    🔒
    Charge registered #23
    Lender: Hsbc Corporate Trustee Company (UK) Limited as Security Agent
  31. 2021-11-23
    🔒
    Charge registered #22
    Lender: Hsbc Corporate Trustee Company (UK) Limited as Security Agent
  32. 2021-11-11
    🔓
    Charge satisfied #21
  33. 2021-03-29
    🔒
    Charge registered #21
    Lender: Hsbc UK Bank PLC
  34. 2021-03-18
    HEHIR, Richard Andrew resigned
    secretary
  35. 2021-03-18
    HEHIR, Richard Andrew resigned
    director
  36. 2021-03-05
    STEWART, Ingrid appointed
    director
  37. 2018-04-06
    HEHIR, Richard Andrew appointed
    director
  38. 2018-04-06
    SIMPSON, Peter John resigned
    director
  39. 2016-04-15
    🔓
    Charge satisfied #18
  40. 2016-04-15
    🔓
    Charge satisfied #17
  41. 2016-04-15
    🔓
    Charge satisfied #16
  42. 2016-04-15
    🔓
    Charge satisfied #15
  43. 2016-04-15
    🔓
    Charge satisfied #14
  44. 2016-04-15
    🔓
    Charge satisfied #13
  45. 2016-04-07
    CONNOLLY, Joseph Adam appointed
    director
  46. 2016-04-07
    HEHIR, Richard Andrew resigned
    director
  47. 2016-04-07
    SHEEHAN, Timothy William resigned
    director
  48. 2016-04-07
    🔒
    Charge registered #20
    Lender: Hsbc Bank PLC (As Security Agent)
  49. 2016-04-07
    🔒
    Charge registered #19
    Lender: Hsbc Bank PLC (As Security Agent)
  50. 2014-02-26
    HEHIR, Richard Andrew appointed
    secretary
Showing most recent 50 of 125 events

Owner dependency

68/100
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.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

59/100
Strong succession signal

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

SIGNALS
  • 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 ·
Charge satisfaction-then-recreation pattern
medium

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.

🏛️
Ashtead Technology Midco Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
ASHTEAD TECHNOLOGY LIMITED
This company · SC091624

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%
NameSharesVoting rightsNature of controlNotified
Ashtead Technology Midco Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control20/12/2024
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.

🔒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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🔒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
Incorporated1985-02-12
Jurisdictionscotland
Primary SIC77390 — Renting and leasing of other machinery, equipment and tangible goods n.e.c.

Registered office

Ashtead House Discovery Drive
Arnhall Business Park
Westhill
Aberdeenshire
AB32 6FG

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-15
Last: 2026-02-01

Officers (2 active · 26 resigned)

PIRIE, Allan William
director · ~53y · appointed 2009-06-08
View their other companies + combined net worth →
Active
STEWART, Ingrid
director · ~52y · appointed 2021-03-05
View their other companies + combined net worth →
Active
CLARK, Robert Edmund
secretary · appointed 1997-05-20 · resigned 2004-08-03
Resigned
GUTHRIE, Iain James
secretary · appointed 2008-06-25 · resigned 2008-12-31
Resigned
HEHIR, Richard Andrew
secretary · appointed 2014-02-26 · resigned 2021-03-18
Resigned
ROBSON, Stuart Ian
secretary · appointed 2004-08-03 · resigned 2004-10-11
Resigned
SIMPSON, Peter John
secretary · appointed 2008-12-18 · resigned 2014-02-26
Resigned
WATKINS, Eric
secretary · appointed 2004-10-11 · resigned 2008-06-25
Resigned
ANDERSON, Alan
director · ~80y · appointed 1990-04-06 · resigned 2000-06-26
Resigned
ASHKURI, Safa
director · ~83y · appointed 1991-07-29 · resigned 1993-04-15
Resigned
BELL, Dennis
director · ~78y · appointed 1992-03-25 · resigned 1994-01-01
Resigned
BURNETT, George Barnett
director · ~80y · appointed 1990-04-06 · resigned 2006-12-31
Resigned
CONNOLLY, Joseph Adam
director · ~48y · appointed 2016-04-07 · resigned 2021-12-09
Resigned
DERRY, Mark John
director · ~65y · appointed 2010-01-05 · resigned 2012-09-14
Resigned
DOGGETT, Andrew William
director · ~66y · appointed 2005-10-06 · resigned 2009-11-27
Resigned
DRABBLE, Geoffrey
director · ~67y · appointed 2006-12-31 · resigned 2008-06-25
Resigned
FORSHAW, Edward James
director · ~75y · appointed 1993-09-01 · resigned 1999-03-09
Resigned
GUTHRIE, Iain James
director · ~76y · appointed 2005-10-06 · resigned 2008-12-31
Resigned
HEHIR, Richard Andrew
director · ~43y · appointed 2018-04-06 · resigned 2021-03-18
Resigned
HEHIR, Richard Andrew
director · ~43y · appointed 2013-04-05 · resigned 2016-04-07
Resigned

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

Mortgages & charges

27
Total charges
4
Outstanding
1
Active lenders
Status:Lender:27 of 27 shown
TypeProperties
outstanding
HSBC
Hsbc Corporate Trustee Company (UK) Limited (as Security Trustee for Itself and the Other Secured Parties)
A registered charge08/10/2024
outstanding
HSBC
Hsbc Corporate Trustee Company (UK) Limited (as Security Agent)
A registered charge08/10/2024
outstanding
HSBC
Hsbc Corporate Trustee Company (UK) Limited as Security Agent
A registered charge05/04/2023
outstanding
HSBC
Hsbc Corporate Trustee Company (UK) Limited as Security Agent
A registered charge05/04/2023
satisfied
HSBC
Hsbc Corporate Trustee Company (UK) Limited as Security Agent
A registered charge23/11/202118/04/2023
satisfied
HSBC
Hsbc Corporate Trustee Company (UK) Limited as Security Agent
A registered charge23/11/202118/04/2023
satisfied
HSBC
Hsbc UK Bank PLC
A registered charge1 property29/03/202111/11/2021
satisfied
HSBC
Hsbc Bank PLC (As Security Agent)
A registered charge07/04/201629/11/2021
satisfied
HSBC
Hsbc Bank PLC (As Security Agent)
A registered charge07/04/201629/11/2021
satisfied
Barclays
Barclays Bank PLC
Assignation of insurances1 property06/05/201115/04/2016
satisfied
Barclays
Barclays Bank PLC
Debenture1 property30/12/201015/04/2016
satisfied
Barclays
Barclays Bank PLC
Bond & floating charge1 property22/12/201015/04/2016
satisfied
Barclays
Barclays Bank PLC
Assignation of insurances1 property22/12/200915/04/2016
satisfied
Barclays
Barclays Bank PLC
Accession agreement to debenture1 property26/06/200815/04/2016
satisfied
Barclays
Barclays Bank PLC
Bond & floating charge1 property26/06/200815/04/2016
satisfied
The Bank of New York
Debenture1 property31/08/200604/07/2008
satisfied
Bank of America N.A
Debenture1 property31/08/200604/07/2008
satisfied
Bank of America N.A
Floating charge1 property31/08/200604/07/2008
satisfied
The Bank of New York
Floating charge2 properties03/08/200504/07/2008
satisfied
The Bank of New York as Trustee
Debenture2 properties12/11/200423/09/2006
satisfied
Bank of America N.A.
Debenture2 properties12/11/200414/09/2006
satisfied
Bank of America N.A.
Floating charge1 property12/11/200414/09/2006
satisfied
The Bank of New York as Trustee and Agent
Floating charge1 property16/04/200423/09/2006
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Floating charge2 properties30/05/200318/11/2004
satisfied
Investors in Industry
Investors in Industry PLC
Floating charge1 property25/03/198517/05/1991
satisfied
Sub Spek Inspection Consultants
Sub Spek Inspection Consultants Limited
Bond & floating charge1 property25/03/198522/07/1988
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property22/03/198503/07/1997
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (254 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-04-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-03
accounts-with-accounts-type-full
accounts · AA
2025-10-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-01-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-14
accounts-with-accounts-type-full
accounts · AA
2024-07-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-05
change-person-director-company-with-change-date
officers · CH01
2024-02-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-02
accounts-with-accounts-type-full
accounts · AA
2023-07-11
mortgage-satisfy-charge-full
mortgage · MR04
2023-04-18
mortgage-satisfy-charge-full
mortgage · MR04
2023-04-18