ANDREWS RECOVERY LIMITED

💤Zombieactive
04081861 · ltd · incorporated 2000-10-02
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
£-1.5k
book net assets
Opportunity
78/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 39000
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 75/100. 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 (73/100).

Data confidence

Overall: medium (76/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (1 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
72 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £1,504
Net assets shrinking
Down £4,773 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£2k
↓ 146% YoY
Current Assets
£16k
↓ 36% YoY
Current Liabilities
-£2k£4k£9k£14k£20k£25kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£-1.5k£3.3k
Current assets£16.0k£24.8k
Cash£10.3k
Debtors£14.6k
Net assets£-1.5k£3.3k

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
1
filing
  • 1 dissolution
Last 90 days
4
filings
  • 2 dissolution
  • 1 gazette
  • 1 confirmation-statement
Last 180 days
6
filings
  • 2 dissolution
  • 1 gazette
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-05-13
    📄
    dissolution-withdrawal-application-strike-off-company
    dissolution · DS02
  2. 2026-04-28
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  3. 2026-04-21
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  4. 2026-02-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-12-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2025-01-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-01-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2023-01-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2023-01-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2022-10-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-03-31
    ANDREWS, Robert resigned
    secretary
  14. 2021-09-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-06-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2020-06-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2020-04-30
    ANDREWS, Debra Ann resigned
    director
  18. 2019-11-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2019-11-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2015-05-31
    ANDREWS, Robert appointed
    director
  21. 2004-03-31
    ANDREWS, David Edwin resigned
    secretary
  22. 2004-03-31
    ANDREWS, Robert appointed
    secretary
  23. 2000-10-02
    🏢
    Company incorporated
    As ANDREWS RECOVERY LIMITED
  24. 2000-10-02
    ANDREWS, David Edwin appointed
    secretary
  25. 2000-10-02
    QA REGISTRARS LIMITED appointed
    corporate-nominee-secretary
  26. 2000-10-02
    QA REGISTRARS LIMITED resigned
    corporate-nominee-secretary
  27. 2000-10-02
    ANDREWS, Debra Ann appointed
    director
  28. 2000-10-02
    QA NOMINEES LIMITED appointed
    corporate-nominee-director
  29. 2000-10-02
    QA NOMINEES LIMITED resigned
    corporate-nominee-director

Owner dependency

98/100
Critical — business is the founder

The 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.
  • +Founder name in company name: Company name contains director surname "ANDREWS" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

70/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 26 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

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr Robert Andrews
Individual · British · DOB 09/1964 · age 62
75100%
75–100%board control75-100% shares · 75-100% voting · board control31/03/2022
1 historic (ceased) PSC
  • Mrs Debra Ann Andrewsceased 31/03/2022· 75-100% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Energy & utilities · HA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
360 WASTE REMOVAL LTD
16605123 · est 2025 · no financials extracted
7DAYS A WEEK SPECIALIST CLEANING LTD
16969267 · est 2026 · no financials extracted
A&D SERVICES LTD
16218547 · est 2025 · no financials extracted
1y
ABODE HEATING LTD
12936582 · est 2020 · no financials extracted
5y
ADMIRE GROUP LTD
12417670 · est 2020 · no financials extracted
6y
ALLTYPE HOSE LTD
16839426 · est 2025 · no financials extracted
AM. WASTE (LONDON) LIMITED
05290272 · est 2004 · no financials extracted
21y
ASM AIRCONDITIONING LIMITED
07916376 · est 2012 · no financials extracted
14y
B&N AIR CONDITIONING LTD
14794273 · est 2023 · no financials extracted
3y
B&N REFRIGERATION & AIRCONDITIONING LIMITED
04781583 · est 2003 · no financials extracted
22y
BBEE LTD
16760436 · est 2025 · no financials extracted
BENY CLEARANCE LTD
16463893 · est 2025 · no financials extracted
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
Incorporated2000-10-02
Jurisdictionengland-wales
Primary SIC39000 — SIC 39000

Registered office

Devonshire House 582 Honeypot Lane
Stanmore
Middlesex
HA7 1JS
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-25
Last: 2026-01-11

Officers (1 active · 5 resigned)

ANDREWS, Robert
director · ~62y · appointed 2015-05-31
View their other companies + combined net worth →
Active
ANDREWS, David Edwin
secretary · appointed 2000-10-02 · resigned 2004-03-31
Resigned
ANDREWS, Robert
secretary · appointed 2004-03-31 · resigned 2022-03-31
Resigned
QA REGISTRARS LIMITED
corporate-nominee-secretary · appointed 2000-10-02 · resigned 2000-10-02
Resigned
ANDREWS, Debra Ann
director · ~60y · appointed 2000-10-02 · resigned 2020-04-30
Resigned
QA NOMINEES LIMITED
corporate-nominee-director · appointed 2000-10-02 · resigned 2000-10-02
Resigned

Click a director name to see their full track record across all companies.

Recent filings (72 total)

dissolution-withdrawal-application-strike-off-company
dissolution · DS02
2026-05-13
gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-28
dissolution-application-strike-off-company
dissolution · DS01
2026-04-21
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-01-11
termination-secretary-company-with-name-termination-date
officers · TM02
2023-01-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-01-11