ECO TECHNOLOGY LTD.
💤Zombieactive
02832828 · ltd · incorporated 1993-07-05
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 Apr 2025
Net worth
£1.27M
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
ALSO REGISTERED FOR
- 38120SIC 38120
- 38210SIC 38210
- 74909Other professional, scientific and technical activities n.e.c.
Investor take
PursueActive trading company with a 65-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 70/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -96% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
4 live charges · oldest 26.5y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 26.5 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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 6 with DOB)
85
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
106 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £1,268,177
Net assets shrinking
Down £531,463 YoY
Cash draining
Cash down 96% YoY
Cash YoY
-96%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£64k
↓ 96% YoY
Net Worth
£1.3m
↓ 30% YoY
Current Assets
£190k
↓ 95% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £2.38M | £3.14M |
| Current assets | £189.9k | £4.04M |
| Cash | £63.9k | £1.50M |
| Debtors | £126.0k | £1.68M |
| Net assets | £1.27M | £1.80M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 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
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
- 2026-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-18➖LEWIS, Daniel Geraint resigneddirector
- 2025-01-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-10-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-10-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-06-10📄memorandum-articlesincorporation · MA
- 2024-06-10📄resolutionresolution · RESOLUTIONS
- 2024-06-05📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2024-06-05📄capital-name-of-class-of-sharescapital · SH08
- 2024-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-10-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-10-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-10-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-06-07📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2023-05-27📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2023-05-27📄capital-allotment-sharescapital · SH01
- 2023-05-27📄resolutionresolution · RESOLUTIONS
- 2023-05-27📄resolutionresolution · RESOLUTIONS
- 2023-05-27📄capital-name-of-class-of-sharescapital · SH08
- 2023-05-27📄memorandum-articlesincorporation · MA
- 2020-07-31➖BATES-MOSS, David John resigneddirector
- 2019-07-26➖SIMPSON, Catherine Louise resigneddirector
- 2018-02-22➕BATES-MOSS, David John appointeddirector
- 2018-02-22➕LEWIS, Daniel Geraint appointeddirector
- 2018-02-22➕SIMPSON, Catherine Louise appointeddirector
- 2016-06-17🔒Charge registered #4Lender: National Westminster Bank PLC
- 2015-08-31➖HART, Shirley Elizabeth resigneddirector
- 2013-02-28➖GOODCHAP, Kathleen Ann resignedsecretary
- 2013-01-01➕HART, Shirley Elizabeth appointeddirector
- 2004-07-23🔒Charge registered #3Lender: National Westminster Bank PLC
- 2002-08-27🔒Charge registered #2Lender: National Westminster Bank PLC
- 2001-02-01➖YATES, Shirley Elizabeth resigneddirector
- 1999-12-30🔒Charge registered #1Lender: National Westminster Bank PLC
- 1998-06-22➕YATES, Shirley Elizabeth appointeddirector
- 1993-07-05🏢Company incorporatedAs ECO TECHNOLOGY LTD.
- 1993-07-05➕MELLOR, Paul Neill appointeddirector
- 1993-07-05➕GOODCHAP, Kathleen Ann appointedsecretary
- 1993-07-05➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 1993-07-05➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
Owner dependency
100/100
Critical — business is the founderThe 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.
- +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
95/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 33 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Mekatek Business Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Mekatek Business Group Limited
Corporate parent · holds 75-100% shares
⬇
ECO TECHNOLOGY LTD.
This company · 02832828
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mekatek Business Group Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 20/01/2017 |
Mr Paul Neill Mellor Individual · British · DOB 10/1961 · age 65 | — | — | sig. influencesignificant influence | 13/07/2016 |
2 historic (ceased) PSCs
- Mrs Julie Mellorceased 01/05/2024· 50-75% voting · trust interest
- Mrs Julie Mellorceased 20/01/2017· 75-100% shares · 75-100% voting · board control · significant influence · firm interest
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 · NP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BCD CONTRACTING SERVICES LTD→ 09655687 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| CHARJA ENERGY LIMITED→ 15978080 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ENVIROPARKS (WALES) LIMITED→ 07034699 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ESTUARY COMMERCIAL UTILITIES LTD→ 13193314 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| EVERGREEN WASTE MANAGEMENT SERVICES LTD→ 09245501 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| FILTECH 2000 LIMITED→ 03561334 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| FULL CIRCLE RECYCLING LTD→ 10350622 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| G.D. ENVIRONMENTAL SERVICES LIMITED→ 04704681 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| G.M.G ELECTRICAL INNOVATION LTD→ 15295601 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| GECKO HYGIENE LTD→ 06091985 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| GENERAL WATERS (U.K.) LIMITED→ 02666748 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| GLJ ENVIRONMENTAL LIMITED→ 08620315 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1993-07-05
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110
Registered office
Mbg House, Unit C Maerdy Industrial Estate
Rhymney
Tredegar
Gwent
NP22 5PY
Wales
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-10-26
Last: 2025-10-12
Officers (1 active · 7 resigned)
MELLOR, Paul Neill→
Activedirector · ~65y · appointed 1993-07-05
View their other companies + combined net worth →
GOODCHAP, Kathleen Ann→
Resignedsecretary · appointed 1993-07-05 · resigned 2013-02-28
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1993-07-05 · resigned 1993-07-05
BATES-MOSS, David John→
Resigneddirector · ~44y · appointed 2018-02-22 · resigned 2020-07-31
HART, Shirley Elizabeth→
Resigneddirector · ~74y · appointed 2013-01-01 · resigned 2015-08-31
LEWIS, Daniel Geraint→
Resigneddirector · ~49y · appointed 2018-02-22 · resigned 2025-05-18
SIMPSON, Catherine Louise→
Resigneddirector · ~46y · appointed 2018-02-22 · resigned 2019-07-26
YATES, Shirley Elizabeth→
Resigneddirector · ~74y · appointed 1998-06-22 · resigned 2001-02-01
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 2 properties | 17/06/2016 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Charge of deposit | 1 property | 23/07/2004 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Charge of deposit | 1 property | 27/08/2002 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 30/12/1999 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (106 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-14
termination-director-company-with-name-termination-date
officers · TM01
2025-07-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-10-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-22
memorandum-articles
incorporation · MA
2024-06-10
resolution
resolution · RESOLUTIONS
2024-06-10
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-06-05
capital-name-of-class-of-shares
capital · SH08
2024-06-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-10-12