ATLAS WASHROOM SYSTEMS LIMITED

🌳Matureactive
04202978 · ltd · incorporated 2001-04-20
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 25.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: SIC 17220
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 64-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 64). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 25.1y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 25.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (69/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 3 total, 3 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
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-31
Average employees23

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-09-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-06-17
    🔓
    Charge satisfied #1
  4. 2024-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-07-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-08-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-02-23
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  8. 2022-02-18
    ➕
    SHERVINGTON, Jack William appointed
    secretary
  9. 2021-10-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-10-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-11-12
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2018-11-12
    🔓
    Charge satisfied #2
  14. 2018-08-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2018-08-31
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2018-08-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-04-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2017-06-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2011-06-17
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  20. 2007-06-07
    ➕
    HOCKADAY, Christopher appointed
    director
  21. 2001-06-19
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  22. 2001-04-20
    🏢
    Company incorporated
    As ATLAS WASHROOM SYSTEMS LIMITED
  23. 2001-04-20
    ➕
    SHERVINGTON, Lesley Carol appointed
    secretary
  24. 2001-04-20
    ➕
    SHERVINGTON, Gerald Thomas appointed
    director

Owner dependency

76/100
High — earn-out structure required

Material 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 25 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 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.)

Group structure

Atlas Washroom Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Atlas Washroom Holdings Ltd
Corporate parent · holds 75-100% shares
ultimate parent
⬇
ATLAS WASHROOM SYSTEMS LIMITED
This company · 04202978

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Atlas Washroom Holdings Ltd
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting06/04/2018
2 historic (ceased) PSCs
  • Mr Gerald Thomas Shervingtonceased 06/04/2018· 25-50% shares · 25-50% voting · board control
  • Mrs Lesley Carol Shervingtonceased 06/04/2018· 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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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
Incorporated2001-04-20
Jurisdictionengland-wales
Primary SIC17220 — SIC 17220

Registered office

10 Aptec Enterprise Park
Darlington Road
West Auckland
County Durham
DL14 9PD

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-05-04
Last: 2026-04-20

Officers (4 active · 0 resigned)

SHERVINGTON, Jack William→
secretary · appointed 2022-02-18
View their other companies + combined net worth →
Active
SHERVINGTON, Lesley Carol→
secretary · appointed 2001-04-20
View their other companies + combined net worth →
Active
HOCKADAY, Christopher→
director · ~47y · appointed 2007-06-07
View their other companies + combined net worth →
Active
SHERVINGTON, Gerald Thomas→
director · ~64y · appointed 2001-04-20
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
HSBC
Hsbc Bank PLC
Legal mortgage1 property17/06/201112/11/2018
satisfied
HSBC
Hsbc Bank PLC
Debenture1 property19/06/200117/06/2025

Recent filings (72 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-12
mortgage-satisfy-charge-full
mortgage · MR04
2025-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-22
appoint-person-secretary-company-with-name-date
officers · AP03
2022-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-24