AQUAJET DRAIN CLEANING LIMITED
💤Zombieactive
04300101 · ltd · incorporated 2001-10-05
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 Sept 2024
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: SIC 37000
Sector: Water supply & waste
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 77/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
9 live charges · 3 lenders · oldest 23.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 23.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)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
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
104 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Average employees | 1100 | 1000 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
2
filings
- • 1 mortgage
- • 1 confirmation-statement
Last 90 days
2
filings
- • 1 mortgage
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 mortgage
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (51 events)Click to expand
- 2026-06-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-06-19🔓Charge satisfied #2
- 2025-06-27📄accounts-with-accounts-type-smallaccounts · AA
- 2024-08-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-08-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-30📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-06-26📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2022-11-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-28📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-09-29📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-09-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-28📄gazette-notice-compulsorygazette · GAZ1
- 2021-09-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-09-23🔓Charge satisfied #9
- 2021-06-23📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2020-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-30📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2020-07-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-12-19➕PORTER, Lee Gardiner appointeddirector
- 2019-12-19➖PORTER, Michelle resigneddirector
- 2018-08-20➖OLIVER, Tracy Jane resignedsecretary
- 2018-05-30➖OLIVER, Tracy Jane resigneddirector
- 2016-08-18🔓Charge satisfied #8
- 2016-08-18🔓Charge satisfied #7
- 2016-08-18🔓Charge satisfied #6
- 2016-08-18🔓Charge satisfied #5
- 2016-08-18🔓Charge satisfied #4
- 2016-08-18🔓Charge satisfied #3
- 2015-10-15➕PORTER, Michelle appointeddirector
- 2015-06-23➖OLIVER, Mark Thomas resigneddirector
- 2014-05-14🔒Charge registered #9Lender: Lloyds Bank PLC
- 2013-01-17🔒Charge registered #8Lender: Lloyds Tsb Bank PLC
- 2010-06-30🔒Charge registered #7Lender: Lloyds Tsb Bank PLC
- 2010-05-04🔒Charge registered #6Lender: Lloyds Tsb Bank PLC
- 2010-04-30🔒Charge registered #5Lender: Lloyds Tsb Bank PLC
- 2010-04-03🔓Charge satisfied #1
- 2010-02-26🔒Charge registered #4Lender: Lloyds Tsb Bank PLC
- 2010-02-03🔒Charge registered #3Lender: Lloyds Tsb Bank PLC
- 2010-02-03🔒Charge registered #2Lender: Lloyds Tsb Bank PLC
- 2002-12-04🔒Charge registered #1Lender: Lloyds Tsb Commercial Finance Limited T/a Alex Lawrie Factors
- 2001-10-05🏢Company incorporatedAs AQUAJET DRAIN CLEANING LIMITED
- 2001-10-05➕OLIVER, Tracy Jane appointedsecretary
- 2001-10-05➕OCS CORPORATE SECRETARIES LIMITED appointedcorporate-secretary
- 2001-10-05➖OCS CORPORATE SECRETARIES LIMITED resignedcorporate-secretary
- 2001-10-05➕OLIVER, Mark Thomas appointeddirector
- 2001-10-05➕OLIVER, Tracy Jane appointeddirector
- 2001-10-05➕OCS DIRECTORS LIMITED appointedcorporate-director
Showing most recent 50 of 51 events
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 25 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Pbu (Uk) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Pbu (Uk) Ltd
Corporate parent · holds 75-100% shares · board control
⬇
AQUAJET DRAIN CLEANING LIMITED
This company · 04300101
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Pbu (Uk) Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 29/06/2024 |
2 historic (ceased) PSCs
- Mr Lee Porterceased 29/06/2024· 75-100% shares · 75-100% voting · board control
- Lp Construction Limitedceased 19/12/2019· 75-100% 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 · NE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AO WASTE MANAGEMENT LTD→ 16831576 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARMSTRONGS EFFLUENT DISPOSAL LIMITED→ 04619211 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| BELLS WASTE DISPOSAL LTD→ 11293914 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| BIKEPARTSFARM LTD→ 16697610 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BIN BUDDIES LTD→ 15899843 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BINKIL LTD→ 15898712 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BIRKETT PROJECTS LTD→ 16466718 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BLUE BUSINESS WATER LIMITED→ 09093287 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| BR AGGREGATES RECYCLING LTD→ 15700603 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BR MRF LTD→ 15700629 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BR ORGANICS RECYCLING LTD→ 15700589 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BRAMBLE ENVIRONMENTAL LIMITED→ 11310076 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated2001-10-05
Jurisdictionengland-wales
Primary SIC37000 — SIC 37000
Registered office
Fernwood House Fernwood Road
Jesmond
Newcastle Upon Tyne
NE2 1TJ
England
Filing status
Accounts
Next due: 2026-06-29
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-06-23
Last: 2026-06-09
Officers (1 active · 6 resigned)
PORTER, Lee Gardiner→
Activedirector · ~52y · appointed 2019-12-19
View their other companies + combined net worth →
OLIVER, Tracy Jane→
Resignedsecretary · appointed 2001-10-05 · resigned 2018-08-20
OCS CORPORATE SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2001-10-05 · resigned 2001-10-05
OLIVER, Mark Thomas→
Resigneddirector · ~54y · appointed 2001-10-05 · resigned 2015-06-23
OLIVER, Tracy Jane→
Resigneddirector · ~54y · appointed 2001-10-05 · resigned 2018-05-30
PORTER, Michelle→
Resigneddirector · ~42y · appointed 2015-10-15 · resigned 2019-12-19
OCS DIRECTORS LIMITED→
Resignedcorporate-director · appointed 2001-10-05 · resigned 2001-10-05
Click a director name to see their full track record across all companies.
Mortgages & charges
9
Total charges
0
Outstanding
0
Active lenders
Status:Lender:9 of 9 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 14/05/2014 | 23/09/2021 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 17/01/2013 | 18/08/2016 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 30/06/2010 | 18/08/2016 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 04/05/2010 | 18/08/2016 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Debenture | 1 property | 30/04/2010 | 18/08/2016 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage deed legal charge | 1 property | 26/02/2010 | 18/08/2016 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 03/02/2010 | 18/08/2016 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Bank PLC | Mortgage | 1 property | 03/02/2010 | 19/06/2026 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited T/a Alex Lawrie Factors | All assets debenture | 1 property | 04/12/2002 | 03/04/2010 |
Recent filings (104 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-09
accounts-with-accounts-type-small
accounts · AA
2025-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-09
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-08-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-17
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-06-30
change-account-reference-date-company-previous-extended
accounts · AA01
2023-06-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-16
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-06-28