AQUEOUS LOGIC LIMITED
💤Zombieactive
03113899 · ltd · incorporated 1995-10-13
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
£108.3k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 20590
Sector: Manufacturing
Investor take
PursueActive trading company with a 63-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 24.8y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 24.8 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
82 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 £108,266
Key financials
2 years extracted from filed iXBRL accountsCash
£62k
Net Worth
£108k
Current Assets
£169k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £122.7k | — |
| Current assets | £169.2k | — |
| Cash | £62.3k | — |
| Debtors | £92.1k | — |
| Net assets | £108.3k | — |
| Average employees | — | 200 |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2026-03-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-05-22➖THAXTER, Ian Paul resigneddirector
- 2017-12-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-12-20📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-16📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-10-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-10-23📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-10-22📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-09-01➖SEVIER, Susan Carol resignedsecretary
- 2004-04-06➕THAXTER, Ian Paul appointeddirector
- 2002-12-31➖WILSON, Andrew Francis Robert resigneddirector
- 2001-08-16🔒Charge registered #1Lender: Lloyds Tsb Commercial Finance Limited Trading as Alex Lawrie Factors
- 1996-01-01➕WILSON, Andrew Francis Robert appointeddirector
- 1995-10-13🏢Company incorporatedAs AQUEOUS LOGIC LIMITED
- 1995-10-13➕SEVIER, David Charles appointeddirector
- 1995-10-13➕GRAEME, Dorothy May appointednominee-secretary
- 1995-10-13➖GRAEME, Dorothy May resignednominee-secretary
- 1995-10-13➕SEVIER, Susan Carol appointedsecretary
- 1995-10-13➕GRAEME, Lesley Joyce appointednominee-director
- 1995-10-13➖GRAEME, Lesley Joyce resignednominee-director
Owner dependency
93/100
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 31 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
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 63. 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 31 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 31 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.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Charles Sevier Individual · English · DOB 04/1963 · age 63 | 50–75% | — | 50-75% shares | 01/10/2016 |
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 · Manufacturing · SM postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A M E ENGINEERING LIMITED→ 02988200 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| A1 ANODISING LIMITED→ 03608610 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| ACRON ENGINEERING SERVICES (UK) LTD→ 15015353 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ADOLIXON & CO. INNOVATIONS LTD→ 16593683 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AJAY ELECTRONICS LIMITED→ 01259845 · est 1976 · no financials extracted | — | — | — | — | 49y | — | — |
| AMSEL LEATHERS LIMITED→ 16254404 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ANASANDS LTD→ 16393798 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AROMA GALLERIA LTD→ 15897145 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARRIVAL LIFTS LTD→ 11020295 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ARZATH LTD→ 15730737 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ASB SERVICES ELECTRICAL & BUILDING LIMITED→ 07631686 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ASSOCIATED LABORATORIES LIMITED→ 05272224 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
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
Incorporated1995-10-13
Jurisdictionengland-wales
Primary SIC20590 — SIC 20590
Registered office
248 Sutton Common Road
Sutton
Surrey
SM3 9PW
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-27
Last: 2025-09-13
Officers (1 active · 5 resigned)
SEVIER, David Charles→
Activedirector · ~63y · appointed 1995-10-13
View their other companies + combined net worth →
GRAEME, Dorothy May→
Resignednominee-secretary · appointed 1995-10-13 · resigned 1995-10-13
SEVIER, Susan Carol→
Resignedsecretary · appointed 1995-10-13 · resigned 2011-09-01
GRAEME, Lesley Joyce→
Resignednominee-director · ~73y · appointed 1995-10-13 · resigned 1995-10-13
THAXTER, Ian Paul→
Resigneddirector · ~64y · appointed 2004-04-06 · resigned 2018-05-22
WILSON, Andrew Francis Robert→
Resigneddirector · ~62y · appointed 1996-01-01 · resigned 2002-12-31
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited Trading as Alex Lawrie Factors | All assets debenture | 1 property | 16/08/2001 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (82 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-28