MAYGLOTHLING WASTE LIMITED

💤Zombieactive
01602629 · ltd · incorporated 1981-12-08
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£2.26M
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 38210
Sector: Water supply & waste
ALSO REGISTERED FOR
  • 38220SIC 38220
  • 42210SIC 42210
  • 43220Plumbing, heat and air-conditioning installation
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 42.1y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 42.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
109 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £2,263,509
Cash YoY
-14%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.1m
↓ 14% YoY
Net Worth
£2.3m
↑ 6.1% YoY
Current Assets
£2.6m
↓ 3.8% YoY
Current Liabilities
—
£0£532k£1.1m£1.6m£2.1m£2.7mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£3.22M£2.88M
Current assets£2.56M£2.66M
Cash£1.11M£1.28M
Debtors£1.37M£1.30M
Net assets£2.26M£2.13M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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
4
filings
  • • 3 officers
  • • 1 confirmation-statement
Last 90 days
4
filings
  • • 3 officers
  • • 1 confirmation-statement
Last 180 days
4
filings
  • • 3 officers
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-06-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-06-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-06-26
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  4. 2026-01-20
    ➖
    MAYGLOTHLING, Bridget Victoria resigned
    secretary
  5. 2026-01-20
    ➖
    MAYGLOTHLING, Bridget Victoria resigned
    director
  6. 2026-01-20
    ➖
    MAYGLOTHLING, John Charles resigned
    director
  7. 2025-07-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-07-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-06-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2024-06-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2023-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-12-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2022-12-01
    ➖
    BATTYE, Robert resigned
    director
  14. 2022-10-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2021-10-27
    ➖
    POUSSON, Marc Jean-Alain resigned
    director
  16. 2021-10-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2021-08-17
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  18. 2021-08-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2021-08-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2021-05-17
    ➕
    BATTYE, Robert appointed
    director
  21. 2021-05-17
    ➕
    POUSSON, Marc Jean-Alain appointed
    director
  22. 2020-06-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  23. 2019-12-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  24. 2019-03-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  25. 2004-10-22
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  26. 1994-02-01
    ➕
    MAYGLOTHLING, Jonathan Charles George appointed
    director
  27. 1994-02-01
    ➕
    MAYGLOTHLING, Bridget Victoria appointed
    director
  28. 1984-07-02
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  29. 1981-12-08
    🏢
    Company incorporated
    As MAYGLOTHLING WASTE LIMITED

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "MAYGLOTHLING" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 45 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 ·
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: MAYGLOTHLING, Bridget Victoria resigned 2026-01-20; MAYGLOTHLING, Bridget Victoria resigned 2026-01-20; MAYGLOTHLING, John Charles resigned 2026-01-20

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Jonathon Charles George Mayglothling
Individual · British · DOB 12/1971 · age 55
75–100%
75–100%board control75-100% shares · 75-100% voting · board control30/06/2016
1 historic (ceased) PSC
  • Mr John Charles Mayglothlingceased 28/05/2024· 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 →

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

7 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
Incorporated1981-12-08
Jurisdictionengland-wales
Primary SIC38210 — SIC 38210

Registered office

Yaidon Farm
Penrhos Hill
Kington
Herefordshire
HR5 3LH
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-06-18
Last: 2026-06-04

Officers (1 active · 5 resigned)

MAYGLOTHLING, Jonathan Charles George→
director · ~55y · appointed 1994-02-01
View their other companies + combined net worth →
Active
MAYGLOTHLING, Bridget Victoria→
secretary · resigned 2026-01-20
Resigned
BATTYE, Robert→
director · ~76y · appointed 2021-05-17 · resigned 2022-12-01
Resigned
MAYGLOTHLING, Bridget Victoria→
director · ~82y · appointed 1994-02-01 · resigned 2026-01-20
Resigned
MAYGLOTHLING, John Charles→
director · ~84y · resigned 2026-01-20
Resigned
POUSSON, Marc Jean-Alain→
director · ~69y · appointed 2021-05-17 · resigned 2021-10-27
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
Debenture1 property22/10/2004—
outstanding
Barclays
Barclays Bank PLC
Guarantee & debenture1 property02/07/1984—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (109 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-26
termination-director-company-with-name-termination-date
officers · TM01
2026-06-26
termination-director-company-with-name-termination-date
officers · TM01
2026-06-26
termination-secretary-company-with-name-termination-date
officers · TM02
2026-06-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-06-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-04
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-06
termination-director-company-with-name-termination-date
officers · TM01
2022-12-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-03