ELLETEQ LIMITED
🌳Matureactive
03167776 · ltd · incorporated 1996-03-05
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
—
year to Mar 2025
Net worth
£17.0k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 38210
Sector: Water supply & waste
ALSO REGISTERED FOR
- 70229Management consultancy activities other than financial management
Investor take
PursueAsset-holding vehicle. Family succession underway — not a classic acquisition target.
Opportunity 76/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 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
13 officers (3 active, 13 linked, 6 with DOB)
79
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
111 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £16,956
Net assets shrinking
Down £7,023 YoY
Cash YoY
+1175%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£13k
↑ 1175% YoY
Net Worth
£17k
↓ 29% YoY
Current Assets
£309k
↑ 13% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £17.4k | £24.5k |
| Current assets | £309.0k | £274.4k |
| Cash | £13.4k | £1.0k |
| Debtors | £284.6k | £273.4k |
| Net assets | £17.0k | £24.0k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
- 2025-10-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-01➕CHEETHAM, Hannah Louise appointeddirector
- 2023-10-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-03-24📄change-person-director-company-with-change-dateofficers · CH01
- 2022-03-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-01-31➕CHEETHAM, Emma Michelle Brigg appointedsecretary
- 2022-01-31📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-12-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-12-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-12-15📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-12-13➖HARDY, Sandra Louise resignedsecretary
- 2021-12-13➖HARDY, Sandra Louise resigneddirector
- 2021-12-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-07-15➖STONE, Suzanne Jessica Tracey resigneddirector
- 2015-04-15➖EMECZ, Steven John resigneddirector
- 2015-01-01➕STONE, Suzanne Jessica Tracey appointeddirector
- 2014-11-30➖BUTTERWORTH, William Richard resigneddirector
- 2009-02-24➕CHEETHAM, Emma Michelle Brigg appointeddirector
- 2009-02-24➕HARDY, Sandra Louise appointeddirector
- 2009-02-16➕EMECZ, Steven John appointeddirector
- 2006-07-01➕HARDY, Sandra Louise appointedsecretary
- 2006-02-15➖HENSON, Carole Patricia resignedsecretary
- 2005-02-28➕HENSON, Carole Patricia appointedsecretary
- 2004-01-31➖HOOKINGS, Sharon Anne resignedsecretary
- 2003-07-27➕HOOKINGS, Sharon Anne appointedsecretary
- 2003-07-26➖BUTTERWORTH, Piers John resignedsecretary
- 1999-07-28➕BUTTERWORTH, Piers John appointedsecretary
- 1997-11-07➖TAYLOR, Christine Jane resignedsecretary
- 1997-04-18➕TAYLOR, Christine Jane appointedsecretary
- 1997-03-05➖BUTTERWORTH, Harold Millman resignedsecretary
- 1996-03-05🏢Company incorporatedAs ELLETEQ LIMITED
- 1996-03-05➕BUTTERWORTH, Harold Millman appointedsecretary
- 1996-03-05➕BUTTERWORTH, William Richard appointeddirector
Owner dependency
76/100
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.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Emma Cheetham Individual · British · DOB 07/1970 · age 56 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Sandra Louise Hardyceased 13/12/2021· 25-50% 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 · YO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ALLENSWAY RECYCLING (GRIMSBY) LIMITED→ 06977885 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| ASHCOURT RECYCLING LIMITED→ 14574340 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CROSSLEY TYRES LIMITED→ 06839856 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| CUBE (YORKSHIRE) LTD→ 06558096 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| DMH ELECTRICAL SERVICES LTD→ 15205900 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DRAX BESS MARFLEET LIMITED→ 12967525 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| DRAX ENERGY SOLUTIONS LIMITED→ 05893966 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| DRAX RIVER HYDRO LIMITED→ 05956747 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| DSD WASTE SOLUTIONS LTD→ 12668166 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| EBOR PROCESSING LIMITED→ 11041646 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ENVIRONMENTAL SMART CIC→ 16416065 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ETTRICKHALL LIMITED→ 07284432 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
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
Incorporated1996-03-05
Jurisdictionengland-wales
Primary SIC38210 — SIC 38210
Registered office
6 George Street
Driffield
East Yorkshire
YO25 6RA
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-07
Last: 2025-09-23
Officers (3 active · 10 resigned)
CHEETHAM, Emma Michelle Brigg→
Activesecretary · appointed 2022-01-31
View their other companies + combined net worth →
CHEETHAM, Emma Michelle Brigg→
Activedirector · ~56y · appointed 2009-02-24
View their other companies + combined net worth →
CHEETHAM, Hannah Louise→
Activedirector · ~28y · appointed 2024-02-01
View their other companies + combined net worth →
BUTTERWORTH, Harold Millman→
Resignedsecretary · appointed 1996-03-05 · resigned 1997-03-05
BUTTERWORTH, Piers John→
Resignedsecretary · appointed 1999-07-28 · resigned 2003-07-26
HARDY, Sandra Louise→
Resignedsecretary · appointed 2006-07-01 · resigned 2021-12-13
HENSON, Carole Patricia→
Resignedsecretary · appointed 2005-02-28 · resigned 2006-02-15
HOOKINGS, Sharon Anne→
Resignedsecretary · appointed 2003-07-27 · resigned 2004-01-31
TAYLOR, Christine Jane→
Resignedsecretary · appointed 1997-04-18 · resigned 1997-11-07
BUTTERWORTH, William Richard→
Resigneddirector · ~84y · appointed 1996-03-05 · resigned 2014-11-30
EMECZ, Steven John→
Resigneddirector · ~55y · appointed 2009-02-16 · resigned 2015-04-15
HARDY, Sandra Louise→
Resigneddirector · ~57y · appointed 2009-02-24 · resigned 2021-12-13
STONE, Suzanne Jessica Tracey→
Resigneddirector · ~48y · appointed 2015-01-01 · resigned 2016-07-15
Click a director name to see their full track record across all companies.
Recent filings (111 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-23
appoint-person-director-company-with-name-date
officers · AP01
2024-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-06
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-05-24
change-person-director-company-with-change-date
officers · CH01
2022-03-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-03-24
appoint-person-secretary-company-with-name-date
officers · AP03
2022-01-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-12-16
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-15