AVONDALE HOLDINGS LIMITED
🌳Matureactive
02872909 · ltd · incorporated 1993-11-17
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
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 75/100 (strong), bankability 67/100. 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. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
5 live charges · 5 lenders · oldest 31.8y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 31.8 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (60/100)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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
18 officers (2 active, 18 linked, 10 with DOB)
81
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
162 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
2
filings
- • 1 accounts
- • 1 address
Counts from Companies House filing history.
Corporate timeline (60 events)Click to expand
- 2026-03-30📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2026-01-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-06-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-07➖THOMSON, Carol resignedsecretary
- 2025-05-07➖THOMSON, Carol resigneddirector
- 2025-05-07📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-01-06📄accounts-with-accounts-type-fullaccounts · AA
- 2024-02-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-01-12📄accounts-with-accounts-type-fullaccounts · AA
- 2023-10-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-10-16🔓Charge satisfied #4
- 2023-01-07📄accounts-with-accounts-type-fullaccounts · AA
- 2022-08-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-08-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-11-08📄accounts-with-accounts-type-groupaccounts · AA
- 2021-06-30➕LEWSLEY, John Charles appointeddirector
- 2021-06-30➖TOWERS, Simon resigneddirector
- 2021-06-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-06-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-10-19📄accounts-with-accounts-type-smallaccounts · AA
- 2020-04-17📄resolutionresolution · RESOLUTIONS
- 2020-04-15📄capital-name-of-class-of-sharescapital · SH08
- 2018-04-01➖MOLESWORTH, Michael John resigneddirector
- 2017-09-12➕MCFARLANE, Michelle appointeddirector
- 2017-09-12➖SINCLAIR, Craig resignedsecretary
- 2017-09-12➕THOMSON, Carol appointedsecretary
- 2017-09-12➖COOPER, Derek resigneddirector
- 2017-09-12➖HOLT, John Michael resigneddirector
- 2017-09-12➕THOMSON, Carol appointeddirector
- 2017-09-12➕TOWERS, Simon appointeddirector
- 2017-09-12➖LANDMEDIA JERSEY LIMITED resignedcorporate-director
- 2015-11-30➖BOETTCHER, Jean Marie resignedsecretary
- 2015-11-30➕SINCLAIR, Craig appointedsecretary
- 2015-06-11➕MOLESWORTH, Michael John appointeddirector
- 2009-11-24➖COOPER, Colin resigneddirector
- 2009-11-24➖COOPER, Mark Richard Charles resigneddirector
- 2009-11-24➖MAKEY, Andrew Colin resigneddirector
- 2009-11-24➕LANDMEDIA JERSEY LIMITED appointedcorporate-director
- 2009-05-14🔒Charge registered #5Lender: Hsbc Bank PLC
- 2009-05-14🔒Charge registered #4Lender: Shanks Waste Management Limited
- 2009-05-02🔓Charge satisfied #3
- 2009-03-01➕COOPER, Colin appointeddirector
- 2002-02-26🔒Charge registered #3Lender: The Scottish Ministers
- 2001-10-01➕MAKEY, Andrew Colin appointeddirector
- 2001-05-14➕COOPER, Mark Richard Charles appointeddirector
- 2000-12-11🔓Charge satisfied #1
- 1997-08-01➕BOETTCHER, Jean Marie appointedsecretary
- 1997-07-31➖MILLER, Jonathan Richard Paul resignedsecretary
- 1997-05-09🔒Charge registered #2Lender: Midland Bank PLC
- 1995-02-28➖CHEETHAM, Judith Margaret resignedsecretary
Showing most recent 50 of 60 events
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 58 — approaching natural succession window.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 32 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: THOMSON, Carol resigned 2025-05-07; THOMSON, Carol resigned 2025-05-07
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Npl Waste Management Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Npl Waste Management Holdings Ltd
Corporate parent · holds 75-100% shares
⬇
AVONDALE HOLDINGS LIMITED
This company · 02872909
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 |
|---|---|---|---|---|
Npl Waste Management Holdings Ltd Corporate entity | 75–100% | — | 75-100% shares | 06/07/2022 |
Mr Robert Mcfarlane Individual · British · DOB 08/1946 · age 80 | — | — | sig. influencesignificant influence | 31/03/2020 |
2 historic (ceased) PSCs
- Whitehead Restoration Ltdceased 06/07/2022· 75-100% shares · 75-100% voting · board control
- Mr Derek Cooperceased 14/09/2017· 25-50% shares · 25-50% voting · board control
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 · M postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 02384595 LIMITED→ 02384595 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| 161 DRAINAGE LTD→ 13566354 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 247 WASTE AND REMOVALS LIMITED→ 14675808 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 360 ENERGY SERVICES LTD→ 15622548 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 37 DEGREES CLIMATE CONTROL LIMITED→ 11783200 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 99P RECYCLING LIMITED→ 06090301 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| A & A DRAIN SERVICES LIMITED→ 03314176 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
| A & N RESOURCES (UK) LTD→ 05968290 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| A D E WASTE MANAGEMENT SERVICES LIMITED→ 11036923 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A MOLYNEUX ELECTRICAL LTD→ 09879954 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| A N U UTILITIES LTD→ 13273882 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| A.J.MAN & VAN LTD→ 12677157 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1993-11-17
Jurisdictionengland-wales
Primary SIC39000 — SIC 39000
Registered office
One
One St. Peters Square
Manchester
M2 3DE
England
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-03-31
Confirmation statement
Next due: 2026-07-25
Last: 2025-07-11
Officers (2 active · 16 resigned)
LEWSLEY, John Charles→
Activedirector · ~50y · appointed 2021-06-30
View their other companies + combined net worth →
MCFARLANE, Michelle→
Activedirector · ~58y · appointed 2017-09-12
View their other companies + combined net worth →
BOETTCHER, Jean Marie→
Resignedsecretary · appointed 1997-08-01 · resigned 2015-11-30
CHEETHAM, Judith Margaret→
Resignedsecretary · appointed 1993-11-17 · resigned 1995-02-28
MILLER, Jonathan Richard Paul→
Resignedsecretary · appointed 1995-02-28 · resigned 1997-07-31
SINCLAIR, Craig→
Resignedsecretary · appointed 2015-11-30 · resigned 2017-09-12
THOMSON, Carol→
Resignedsecretary · appointed 2017-09-12 · resigned 2025-05-07
CO FORM (SECRETARIES) LIMITED→
Resignedcorporate-nominee-secretary · appointed 1993-11-17 · resigned 1993-11-17
COOPER, Colin→
Resigneddirector · ~73y · appointed 2009-03-01 · resigned 2009-11-24
COOPER, Derek→
Resigneddirector · ~78y · appointed 1993-11-17 · resigned 2017-09-12
COOPER, Mark Richard Charles→
Resigneddirector · ~52y · appointed 2001-05-14 · resigned 2009-11-24
HOLT, John Michael→
Resigneddirector · ~73y · appointed 1994-07-13 · resigned 2017-09-12
MAKEY, Andrew Colin→
Resigneddirector · ~61y · appointed 2001-10-01 · resigned 2009-11-24
MOLESWORTH, Michael John→
Resigneddirector · ~70y · appointed 2015-06-11 · resigned 2018-04-01
THOMSON, Carol→
Resigneddirector · ~55y · appointed 2017-09-12 · resigned 2025-05-07
TOWERS, Simon→
Resigneddirector · ~58y · appointed 2017-09-12 · resigned 2021-06-30
CO FORM (NOMINEES) LIMITED→
Resignedcorporate-nominee-director · appointed 1993-11-17 · resigned 1993-11-17
LANDMEDIA JERSEY LIMITED→
Resignedcorporate-director · appointed 2009-11-24 · resigned 2017-09-12
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
2
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | Standard security | 1 property | 14/05/2009 | — | |
| satisfied | Shanks Waste Management Shanks Waste Management Limited | Debenture | 1 property | 14/05/2009 | 16/10/2023 | |
| satisfied | The Scottish Ministers | A standard security which was presented for registration in scotland on 15 july 2002 and | 1 property | 26/02/2002 | 02/05/2009 | |
| outstanding | Midland Bank Midland Bank PLC | Debenture | 1 property | 09/05/1997 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Single debenture | 1 property | 13/07/1994 | 11/12/2000 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (162 total)
change-account-reference-date-company-current-shortened
accounts · AA01
2026-03-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-24
termination-director-company-with-name-termination-date
officers · TM01
2025-06-11
termination-secretary-company-with-name-termination-date
officers · TM02
2025-05-07
accounts-with-accounts-type-full
accounts · AA
2025-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-21
accounts-with-accounts-type-full
accounts · AA
2024-01-12
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-02
accounts-with-accounts-type-full
accounts · AA
2023-01-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-08-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-08-16