CAPPAGH PUBLIC WORKS LIMITED
🌳Matureactive
02329116 · ltd · incorporated 1988-12-16
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 39000
Sector: Water supply & waste
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 74/100 (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. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
13 live charges · 7 lenders · oldest 25.4y
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 25.4 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: medium (59/100)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
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
113 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
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
2
filings
- • 1 officers
- • 1 confirmation-statement
Last 180 days
3
filings
- • 1 officers
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
- 2026-04-27➕HAWKINS, Joe appointeddirector
- 2026-04-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-12-31📄accounts-with-accounts-type-fullaccounts · AA
- 2025-11-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-01-03📄accounts-with-accounts-type-groupaccounts · AA
- 2024-01-12📄accounts-with-accounts-type-groupaccounts · AA
- 2022-12-30📄accounts-with-accounts-type-fullaccounts · AA
- 2022-03-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-03-15🔓Charge satisfied #5
- 2022-01-02📄accounts-with-accounts-type-fullaccounts · AA
- 2021-10-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-28🔓Charge satisfied #10
- 2021-10-28🔓Charge satisfied #9
- 2021-10-28🔓Charge satisfied #7
- 2021-10-28🔓Charge satisfied #6
- 2021-10-28🔓Charge satisfied #4
- 2021-10-28🔓Charge satisfied #3
- 2021-10-28🔓Charge satisfied #2
- 2021-01-07📄accounts-with-accounts-type-fullaccounts · AA
- 2019-12-24📄accounts-with-accounts-type-fullaccounts · AA
- 2011-09-29🔒Charge registered #13Lender: Lombard North Central PLC
- 2010-10-07🔒Charge registered #12Lender: Lombard North Central PLC
- 2010-05-12🔒Charge registered #11Lender: Lombard North Central PLC
- 2010-05-12🔒Charge registered #10Lender: Lombard North Central PLC
- 2010-04-26🔒Charge registered #9Lender: Lombard North Central PLC
- 2008-02-25🔒Charge registered #8Lender: National Westminster Bank PLC
- 2007-03-19🔒Charge registered #7Lender: Lloyds Tsb Commercial Finance Limited
- 2007-01-19🔒Charge registered #6Lender: Aib Group (UK) PLC T/as Allied Irish Bank (GB)
- 2006-09-15🔒Charge registered #5Lender: Lloyds Udt Limited (Ludt)
- 2006-04-06🔒Charge registered #4Lender: Bank of Ireland Business Finance Limited
- 2004-12-03🔒Charge registered #3Lender: Lloyds Udt Limited
- 2003-12-18🔒Charge registered #2Lender: Bank of Ireland Business Finance Limited
- 2001-01-23🔒Charge registered #1Lender: National Westminster Bank PLC
- 1991-03-31➕FERNCOMBE, Anne Marie appointedsecretary
- 1988-12-16🏢Company incorporatedAs CAPPAGH PUBLIC WORKS LIMITED
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 59 — 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 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Cappagh Group Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Cappagh Group Holdings Limited
Corporate parent · holds 75-100% shares
⬇
CAPPAGH PUBLIC WORKS LIMITED
This company · 02329116
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 |
|---|---|---|---|---|
Cappagh Group Holdings Limited Corporate entity | 75–100% | — | 75-100% shares | 22/08/2024 |
1 historic (ceased) PSC
- Mr Michael John Ferncombeceased 24/08/2024· 75-100% shares
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 · Energy & utilities · SW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| B MCCANN WASTE MANAGEMENT LIMITED→ 15954522 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BATTERY ASSET MANAGEMENT LIMITED→ 12115914 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BERDEN SOLAR LIMITED→ 10915418 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BIG POWER LTD→ 14514648 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BODICA LIMITED→ 08040562 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| CAPBAL (BRACO) LIMITED→ 13910927 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CAPPAGH AGGREGATES LIMITED→ 04566555 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| CAPPAGH LINING LIMITED→ 14130779 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CAPPAGH LINING SOLUTIONS LIMITED→ 14139863 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CARBON CAPTURE REUSE LIMITED→ 12264674 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CARBON COUNTS COMPANY (UK) LIMITED→ 06711518 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| CARREX FLEXIBLE STORAGE LIMITED→ 11504378 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated1988-12-16
Jurisdictionengland-wales
Primary SIC39000 — SIC 39000
Registered office
Cappagh House
Waterside Way
Wimbledon
London
SW17 0HB
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31
Officers (3 active · 0 resigned)
FERNCOMBE, Anne Marie→
Activesecretary · appointed 1991-03-31
View their other companies + combined net worth →
Active
HAWKINS, Joe→
Activedirector · ~43y · appointed 2026-04-27
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
13
Total charges
5
Outstanding
2
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lombard North Central Lombard North Central PLC | Chattel mortgage | 1 property | 29/09/2011 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | Chattel mortgage | 1 property | 07/10/2010 | — | |
| outstanding | Lombard North Central Lombard North Central PLC | Chattel mortgage | 1 property | 12/05/2010 | — | |
| satisfied | Lombard North Central Lombard North Central PLC | Chattel mortgage | 1 property | 12/05/2010 | 28/10/2021 | |
| satisfied | Lombard North Central Lombard North Central PLC | Chattel mortgage | 1 property | 26/04/2010 | 28/10/2021 | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal charge | 1 property | 25/02/2008 | — | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Chattels mortgage | 1 property | 19/03/2007 | 28/10/2021 | |
| satisfied | Aib Group (UK) T/as Allied Irish Bank (GB) Aib Group (UK) PLC T/as Allied Irish Bank (GB) | Chattel mortgage | 1 property | 19/01/2007 | 28/10/2021 | |
| satisfied | Lloyds Banking Group Lloyds Udt Limited (Ludt) | Chattels mortgage | 3 properties | 15/09/2006 | 15/03/2022 | |
| satisfied | Bank of Ireland Business Finance Bank of Ireland Business Finance Limited | Fixed charge over chattels | 1 property | 06/04/2006 | 28/10/2021 | |
| satisfied | Lloyds Banking Group Lloyds Udt Limited | Chattels mortgage | 1 property | 03/12/2004 | 28/10/2021 | |
| satisfied | Bank of Ireland Business Finance Bank of Ireland Business Finance Limited | Fixed charge over chattels | 1 property | 18/12/2003 | 28/10/2021 | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 23/01/2001 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (113 total)
appoint-person-director-company-with-name-date
officers · AP01
2026-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-21
accounts-with-accounts-type-full
accounts · AA
2025-12-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-11-21
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-29
accounts-with-accounts-type-group
accounts · AA
2025-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-22
accounts-with-accounts-type-group
accounts · AA
2024-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-03
accounts-with-accounts-type-full
accounts · AA
2022-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-16
mortgage-satisfy-charge-full
mortgage · MR04
2022-03-15
accounts-with-accounts-type-full
accounts · AA
2022-01-02
mortgage-satisfy-charge-full
mortgage · MR04
2021-10-28