AQUASPERSIONS LIMITED
📈Growthactive
01167065 · ltd · incorporated 1974-04-17
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
£24.84M
year to Dec 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 20590
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 78/100 (strong), bankability 67/100. 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. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
10 live charges · 4 lenders · oldest 50.7y
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 50.7 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 48/100 (high).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
12 officers (2 active, 12 linked, 9 with DOB)
85
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
170 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
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £6,251,241
Turnover YoY
+13%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Turnover | £24.84M | £21.94M |
| Gross profit | £9.59M | £7.82M |
| Operating profit | £6.05M | £4.66M |
| Profit before tax | £6.25M | £4.86M |
| Average employees | 5000 | 4900 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
4 signals 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
4
filings
- • 4 persons-with-significant-control
Last 180 days
12
filings
- • 8 persons-with-significant-control
- • 2 confirmation-statement
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (57 events)Click to expand
- 2026-04-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2026-04-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-04-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-03-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2026-03-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2026-03-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2026-03-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2026-03-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2026-02-27🔒Charge registered #10Lender: Hsbc UK Bank PLC
- 2026-02-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-30➖MACKENZIE, Stephen Roderick resigneddirector
- 2025-08-04📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-04📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-02📄accounts-with-accounts-type-fullaccounts · AA
- 2025-01-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-02➕JOHNSON, David John appointeddirector
- 2024-12-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-15➖BEWSHER, Alan resigneddirector
- 2024-09-09➕MARSHALL, David Edward appointeddirector
- 2024-09-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-05📄accounts-with-accounts-type-fullaccounts · AA
- 2023-09-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-15📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-08-29➖JONES, Deborah Theresa resignedsecretary
- 2023-08-29➖JONES, Deborah Theresa resigneddirector
- 2023-07-14📄accounts-with-accounts-type-fullaccounts · AA
- 2021-03-29🔒Charge registered #9Lender: Hsbc UK Bank PLC
- 2021-03-04🔓Charge satisfied #8
- 2021-03-04🔓Charge satisfied #5
- 2021-03-02➕JONES, Deborah Theresa appointedsecretary
- 2021-03-02➖RICHARDSON, Agnes resignedsecretary
- 2021-03-02➕BEWSHER, Alan appointeddirector
- 2021-03-02➕JONES, Deborah Theresa appointeddirector
- 2021-03-02➕MACKENZIE, Stephen Roderick appointeddirector
- 2021-03-02➖RICHARDSON, Agnes resigneddirector
- 2021-03-02➖RICHARDSON, Geoffrey resigneddirector
- 2021-03-02➖RICHARDSON, Michael resigneddirector
- 2020-01-10🔓Charge satisfied #7
- 2011-05-06🔒Charge registered #8Lender: National Westminster Bank PLC
- 2008-04-14🔓Charge satisfied #4
- 2008-04-14🔓Charge satisfied #3
- 2008-04-14🔓Charge satisfied #2
- 2008-04-14🔓Charge satisfied #1
- 2007-05-08🔒Charge registered #7Lender: Rbs Invoice Finance Limited
- 2001-10-02🔓Charge satisfied #6
- 2001-07-02🔒Charge registered #6Lender: National Westminster Bank PLC
- 2000-10-06🔒Charge registered #5Lender: National Westminster Bank PLC
- 1995-08-01➕RICHARDSON, Michael appointeddirector
- 1993-12-29➖HEWITT, Roy resignedsecretary
Showing most recent 50 of 57 events
Owner dependency
66/100
High — earn-out structure requiredMaterial 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.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Ralph Bidco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Ralph Bidco Limited
Corporate parent · holds 75-100% shares · board control
⬇
AQUASPERSIONS LIMITED
This company · 01167065
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 |
|---|---|---|---|---|
Ralph Bidco Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 02/03/2021 |
3 historic (ceased) PSCs
- Cbpe Capital Llpceased 02/03/2021· 75-100% shares · 75-100% voting · board control · firm interest
- Cbpe Capital X Gp Llpceased 02/03/2021· 75-100% shares · firm interest
- Mr Michael Richardsonceased 02/03/2021· 25-50% shares · 25-50% voting
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 →Similar companies
Active · Manufacturing · HX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A T GRAPHICS (WY) LTD→ 10153367 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| A-SAFE HQ LTD→ 05407505 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| A.Z.O. LIMITED→ 02828288 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| ADORA BEDS LTD→ 11779950 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ADVANCE ENGINEERING (HX) LTD→ 04581228 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ALFRED A DUNHILL LIMITED→ 16291727 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALLIANCE OFFICE SYSTEMS LIMITED→ 02887711 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
| ALZIN ENGINEERING LIMITED→ 01131977 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
| AMTEC ENGINEERING LIMITED→ 05022758 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| ANDY THORNTON (AT) LIMITED→ 13090911 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ARCHWAY ENGINEERING (U.K.) LIMITED→ 02600814 · est 1991 · no financials extracted | — | — | — | — | 35y | — | — |
| ARK PALLETS AND FENCING LIMITED→ 04711324 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1974-04-17
Jurisdictionengland-wales
Primary SIC20590 — SIC 20590
Registered office
Beacon Hill Road
Halifax
West Yorkshire
HX3 6AQ
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-09
Last: 2026-02-23
Officers (2 active · 10 resigned)
JOHNSON, David John→
Activedirector · ~58y · appointed 2025-01-02
View their other companies + combined net worth →
MARSHALL, David Edward→
Activedirector · ~39y · appointed 2024-09-09
View their other companies + combined net worth →
HEWITT, Roy→
Resignedsecretary · resigned 1993-12-29
JONES, Deborah Theresa→
Resignedsecretary · appointed 2021-03-02 · resigned 2023-08-29
RICHARDSON, Agnes→
Resignedsecretary · appointed 1993-12-29 · resigned 2021-03-02
BEWSHER, Alan→
Resigneddirector · ~58y · appointed 2021-03-02 · resigned 2024-11-15
HEWITT, Roy→
Resigneddirector · ~98y · resigned 1993-12-29
JONES, Deborah Theresa→
Resigneddirector · ~50y · appointed 2021-03-02 · resigned 2023-08-29
MACKENZIE, Stephen Roderick→
Resigneddirector · ~51y · appointed 2021-03-02 · resigned 2026-01-30
RICHARDSON, Agnes→
Resigneddirector · ~87y · resigned 2021-03-02
RICHARDSON, Geoffrey→
Resigneddirector · ~91y · resigned 2021-03-02
RICHARDSON, Michael→
Resigneddirector · ~67y · appointed 1995-08-01 · resigned 2021-03-02
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
2
Outstanding
1
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 27/02/2026 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 29/03/2021 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 06/05/2011 | 04/03/2021 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | Fixed and floating charge | 1 property | 08/05/2007 | 10/01/2020 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 02/07/2001 | 02/10/2001 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 2 properties | 06/10/2000 | 04/03/2021 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 12/04/1989 | 14/04/2008 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 19/12/1988 | 14/04/2008 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage | 1 property | 22/03/1984 | 14/04/2008 | |
| satisfied | National Westminster Bank National Westminster Bank LTD | Legal mortgage | 1 property | 15/09/1975 | 14/04/2008 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (170 total)
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-04-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-03-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-03-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-03-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-03-02
termination-director-company-with-name-termination-date
officers · TM01
2026-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-08
change-person-director-company-with-change-date
officers · CH01
2025-08-04
change-person-director-company-with-change-date
officers · CH01
2025-08-04
accounts-with-accounts-type-full
accounts · AA
2025-07-02