ELIMPIC LIMITED

🌳Matureactive
01607942 · ltd · incorporated 1982-01-14
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
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Turnover
year to Feb 2025
Net worth
£-52.0k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
ALSO REGISTERED FOR
  • 38120SIC 38120
  • 38210SIC 38210
  • 38220SIC 38220
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 73). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
92 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £51,969
Net assets shrinking
Down £90,875 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£52k
↓ 234% YoY
Current Assets
£111k
↓ 40% YoY
Current Liabilities
-£52k-£4k£43k£91k£138k£186kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-02-282024-02-28
Total assets£-47.8k£53.1k
Current assets£111.0k£185.9k
Net assets£-52.0k£38.9k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-05-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2022-11-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2021-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-01-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2019-11-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2018-11-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2017-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2016-11-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2015-11-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2015-10-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2014-12-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-11-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 1982-01-14
    🏢
    Company incorporated
    As ELIMPIC LIMITED

Owner dependency

81/100
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.
  • +Founder age: Director aged approximately 73 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
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 73 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 44 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Kenneth Melvin Price
Individual · British · DOB 07/1953 · age 73
75100%
75-100% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1982-01-14
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110

Registered office

7 Trouse Lane
Wednesbury
West Midlands
WS10 7HR

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-12-06
Last: 2025-11-22

Officers (3 active · 0 resigned)

PRICE, Carol
secretary
View their other companies + combined net worth →
Active
PRICE, Carol
director · ~69y
View their other companies + combined net worth →
Active
PRICE, Kenneth Melvin
director · ~73y
View their other companies + combined net worth →
Active

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

Recent filings (92 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-16