ADVANCED WATER MAINTENANCE LTD
Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 26.6y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 26.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-10-31 | 2024-10-31 |
|---|---|---|
| Total assets | — | £13.2k |
| Current assets | — | £13.4k |
| Net assets | — | £10.4k |
| Average employees | 400 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (31 events)Click to expand
- 2025-12-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-06✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-02-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-02-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-02-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-02-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-02-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-03📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-02-01➕PROUD, Scott Hartley Joseph appointeddirector
- 2023-02-01➖BAXENDALE, Lisa resignedsecretary
- 2023-02-01➖BAXENDALE, Lisa resigneddirector
- 2023-02-01➖BAXENDALE, Paul resigneddirector
- 2022-11-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-28📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2022-11-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-06-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-23🔓Charge satisfied #1
- 1999-10-18🔒Charge registered #1Lender: Hsbc Bank PLC
- 1999-09-08🏢Company incorporatedAs ADVANCED WATER MAINTENANCE LTD
- 1999-09-08➕BAXENDALE, Lisa appointedsecretary
- 1999-09-08➕LONDON LAW SECRETARIAL LIMITED appointedcorporate-nominee-secretary
- 1999-09-08➖LONDON LAW SECRETARIAL LIMITED resignedcorporate-nominee-secretary
- 1999-09-08➕BAXENDALE, Lisa appointeddirector
- 1999-09-08➕BAXENDALE, Paul appointeddirector
- 1999-09-08➕LONDON LAW SERVICES LIMITED appointedcorporate-nominee-director
- 1999-09-08➖LONDON LAW SERVICES LIMITED resignedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 27 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Scott Hartley Joseph Proud Individual · British · DOB 02/1988 · age 38 | 75–100% | — | 75-100% shares | 01/02/2023 |
2 historic (ceased) PSCs
- Mrs Lisa Baxendaleceased 01/02/2023· 25-50% shares · 25-50% voting
- Mr Paul Baxendaleceased 01/02/2023· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (1 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 18/10/1999 | 23/07/2019 |