01237850 LTD

🌳Matureactive
01237850 · ltd · incorporated 1975-12-17
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
53/100
Worth a look
🔔
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What this business does
Primary activity: SIC 3663
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 53/100 (worth a look), bankability 20/100. Strong seller-intent signal (78/100, director aged 81). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (30/100). Current lenders should be on immediate intervention.

Data confidence

Overall: low (47/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
10 officers (3 active, 10 linked, 8 with DOB)
86
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
3 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
90
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 (16 events)Click to expand
  1. 2019-09-11
    📄
    restoration-order-of-court
    restoration · AC92
  2. 2000-03-27
    BAILEY, Neil resigned
    director
  3. 2000-03-24
    JARMAN, Nigel Jeffrey resigned
    director
  4. 2000-03-22
    JONES, David Ernest John resigned
    director
  5. 2000-03-17
    JONES, Paul Howard resigned
    director
  6. 1999-12-08
    FURNEAUX, Graham Keith resigned
    director
  7. 1996-07-20
    MUGLESTON, Paul appointed
    secretary
  8. 1996-07-19
    WILLIAMS, Ronald George resigned
    secretary
  9. 1996-01-17
    BAILEY, Neil appointed
    director
  10. 1996-01-17
    JONES, David Ernest John appointed
    director
  11. 1995-12-01
    MUGLESTON, Paul appointed
    director
  12. 1995-12-01
    JARMAN, Nigel Jeffrey appointed
    director
  13. 1993-05-14
    HARRIS, Graham Reginald resigned
    director
  14. 1987-01-01
    📄
    selection-of-documents-registered-before-January-1987
    historical · PRE87
  15. 1986-09-03
    📍
    legacy
    address · 287
  16. 1975-12-17
    🏢
    Company incorporated
    As 01237850 LTD

Owner dependency

83/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 81 — succession pressure is live.

Succession & seller-readiness

91/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 51 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2003-01-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2016-10-26

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

11 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.

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🔒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.

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Company details

Statusactive
Typeltd
Incorporated1975-12-17
Jurisdictionengland-wales
Primary SIC3663 — SIC 3663

Registered office

1 Greenforge Way
Cwmbran
Gwent
NP44 3UZ

Filing status

Accounts
Next due: 2003-01-31OVERDUE
Last made up to:
Confirmation statement
Next due: 2016-10-26OVERDUE
Last:

Officers (3 active · 7 resigned)

MUGLESTON, Paul
secretary · appointed 1996-07-20
View their other companies + combined net worth →
Active
BAILEY, Howard Spencer
director · ~81y
View their other companies + combined net worth →
Active
MUGLESTON, Paul
director · ~59y · appointed 1995-12-01
View their other companies + combined net worth →
Active
WILLIAMS, Ronald George
secretary · resigned 1996-07-19
Resigned
BAILEY, Neil
director · ~77y · appointed 1996-01-17 · resigned 2000-03-27
Resigned
FURNEAUX, Graham Keith
director · ~82y · resigned 1999-12-08
Resigned
HARRIS, Graham Reginald
director · ~79y · resigned 1993-05-14
Resigned
JARMAN, Nigel Jeffrey
director · ~79y · appointed 1995-12-01 · resigned 2000-03-24
Resigned
JONES, David Ernest John
director · ~68y · appointed 1996-01-17 · resigned 2000-03-22
Resigned
JONES, Paul Howard
director · ~75y · resigned 2000-03-17
Resigned

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

Recent filings (3 total)

restoration-order-of-court
restoration · AC92
2019-09-11
selection-of-documents-registered-before-January-1987
historical · PRE87
1987-01-01
legacy
address · 287
1986-09-03