GREENSMAN LIMITED

💤Zombieactive
04366642 · ltd · incorporated 2002-02-05
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 Feb 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 38120
Sector: Water supply & waste
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

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 21.0y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 21.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (71/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 3 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
70 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
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
Metric2025-02-28
Average employees400

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

🔒Filing-note intelligence

3 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
0
filings
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-02-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  2. 2025-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-10-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-10-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-11-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-06-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2021-06-21
    🔓
    Charge satisfied #1
  9. 2020-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-11-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-02-07
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  12. 2019-02-07
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2019-02-01
    HILTON-MITCHELL, Joanne Elizabeth appointed
    secretary
  14. 2019-01-31
    WHITE, Janet Rose resigned
    secretary
  15. 2019-01-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2016-10-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2016-10-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2016-10-01
    WHITE, Alan Michael resigned
    director
  20. 2014-03-19
    MITCHELL, Stephen Paul appointed
    director
  21. 2013-11-19
    CLAYTON, Stewart resigned
    director
  22. 2005-12-01
    WHITE, Alan Michael appointed
    director
  23. 2005-06-23
    🔒
    Charge registered #1
    Lender: Potential Finance Limited
  24. 2003-05-22
    GRACEY, Geoffrey Bartley resigned
    secretary
  25. 2003-05-22
    WHITE, Janet Rose appointed
    secretary
  26. 2002-02-20
    GRACEY, Geoffrey Bartley appointed
    secretary
  27. 2002-02-20
    YORK PLACE COMPANY SECRETARIES LIMITED resigned
    corporate-secretary
  28. 2002-02-20
    CLAYTON, Stewart appointed
    director
  29. 2002-02-20
    YORK PLACE COMPANY NOMINEES LIMITED resigned
    corporate-director
  30. 2002-02-05
    🏢
    Company incorporated
    As GREENSMAN LIMITED
  31. 2002-02-05
    YORK PLACE COMPANY SECRETARIES LIMITED appointed
    corporate-secretary
  32. 2002-02-05
    YORK PLACE COMPANY NOMINEES LIMITED appointed
    corporate-director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

68/100
Strong succession signal

Multiple 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.
  • secondary12+ year tenure: Director in role 12 years.
  • secondaryStable-but-static management: Company is 24 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

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Stephen Paul Mitchell
Individual · British · DOB 02/1969 · age 57
75100%
75-100% shares01/10/2016
Mr Jonathan Frederick Green
Individual · British · DOB 04/1975 · age 51
2550%
25-50% shares01/03/2024

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 →

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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
Incorporated2002-02-05
Jurisdictionengland-wales
Primary SIC38120 — SIC 38120

Registered office

Prospect House
Back Lane, Riccall
York
North Yorkshire
YO19 6PT

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-19
Last: 2026-02-05

Officers (2 active · 6 resigned)

HILTON-MITCHELL, Joanne Elizabeth
secretary · appointed 2019-02-01
View their other companies + combined net worth →
Active
MITCHELL, Stephen Paul
director · ~57y · appointed 2014-03-19
View their other companies + combined net worth →
Active
GRACEY, Geoffrey Bartley
secretary · appointed 2002-02-20 · resigned 2003-05-22
Resigned
WHITE, Janet Rose
secretary · appointed 2003-05-22 · resigned 2019-01-31
Resigned
YORK PLACE COMPANY SECRETARIES LIMITED
corporate-secretary · appointed 2002-02-05 · resigned 2002-02-20
Resigned
CLAYTON, Stewart
director · ~76y · appointed 2002-02-20 · resigned 2013-11-19
Resigned
WHITE, Alan Michael
director · ~79y · appointed 2005-12-01 · resigned 2016-10-01
Resigned
YORK PLACE COMPANY NOMINEES LIMITED
corporate-director · appointed 2002-02-05 · resigned 2002-02-20
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Potential Finance
Potential Finance Limited
Debenture1 property23/06/200521/06/2021

Recent filings (70 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-17
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-23
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-29
mortgage-satisfy-charge-full
mortgage · MR04
2021-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-10