D F STEWART SERVICES LIMITED
🌳Matureactive
04477551 · ltd · incorporated 2002-07-04
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 12.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£591.8k
book net assets
Opportunity
77/100
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 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 12.2y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 12.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (79/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
76 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £591,823
Cash YoY
+3%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£333k
↑ 3.3% YoY
Net Worth
£592k
↑ 15% YoY
Current Assets
£926k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £971.0k | £1.01M |
| Current assets | £926.5k | £921.5k |
| Cash | £332.9k | £322.2k |
| Debtors | £542.0k | £549.1k |
| Net assets | £591.8k | £516.1k |
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
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2026-04-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-04-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-11-06📄memorandum-articlesincorporation · MA
- 2024-11-06📄resolutionresolution · RESOLUTIONS
- 2024-11-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-11-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-11-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-10-30📄capital-alter-shares-subdivisioncapital · SH02
- 2024-10-29➖STEWART, Mary Ellen resignedsecretary
- 2024-10-29➖STEWART, Dennis Fraser resigneddirector
- 2024-04-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-06-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-05-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-05-10📄change-person-director-company-with-change-dateofficers · CH01
- 2022-03-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-01-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-07-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-07-28📄change-person-director-company-with-change-dateofficers · CH01
- 2019-09-18🔒Charge registered #2Lender: Barclays Security Trustee Limited
- 2014-04-21🔒Charge registered #1Lender: Barclays Bank PLC
- 2007-08-01➕ODELL, Paul Geoffrey appointeddirector
- 2007-08-01➕STEWART, William Iain Fraser appointeddirector
- 2002-07-04🏢Company incorporatedAs D F STEWART SERVICES LIMITED
- 2002-07-04➕STEWART, Mary Ellen appointedsecretary
- 2002-07-04➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 2002-07-04➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 2002-07-04➕STEWART, Dennis Fraser appointeddirector
- 2002-07-04➕FORM 10 DIRECTORS FD LTD appointedcorporate-nominee-director
- 2002-07-04➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "STEWART" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Local Boy Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Local Boy Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
D F STEWART SERVICES LIMITED
This company · 04477551
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 |
|---|---|---|---|---|
Local Boy Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 29/10/2024 |
3 historic (ceased) PSCs
- Mr Paul Geoffrey Odellceased 29/10/2024· significant influence
- Mr Dennis Fraser Stewartceased 29/10/2024· 50-75% shares
- Mr William Iain Fraser Stewartceased 29/10/2024· significant influence
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 · NN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BT DRAINAGE LTD→ 16500058 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BYWORTH WASTE REMOVAL SERVICES LTD→ 15704121 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| C H SPECIALIST TRAINING LTD→ 11553006 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CLEAN EARTH WASTE SOLUTIONS LTD→ 16648287 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| COOGEE ELECTRICITY LTD→ 15810648 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| COOLING TECHNIQUES LTD→ 05417061 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| CRANFORD A.D. LIMITED→ 08466659 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| CRANFORD TYRE RECOVERY LIMITED→ 13736117 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CROUGHTON RENEWABLE RESOURCES CENTRE LIMITED→ 06461068 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| D ROBINSON & CO LIMITED→ 08224284 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| DE REMOVALS & HAULAGE LTD→ 16872028 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DECONTAMINATION RESPIRATORY SERVICES LIMITED→ 04663048 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
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
Incorporated2002-07-04
Jurisdictionengland-wales
Primary SIC37000 — SIC 37000
Registered office
1 Borrowdale Road
Corby
Northamptonshire
NN17 2DQ
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-08-01
Last: 2025-07-18
Officers (2 active · 4 resigned)
ODELL, Paul Geoffrey→
Activedirector · ~55y · appointed 2007-08-01
View their other companies + combined net worth →
STEWART, William Iain Fraser→
Activedirector · ~43y · appointed 2007-08-01
View their other companies + combined net worth →
STEWART, Mary Ellen→
Resignedsecretary · appointed 2002-07-04 · resigned 2024-10-29
FORM 10 SECRETARIES FD LTD→
Resignedcorporate-nominee-secretary · appointed 2002-07-04 · resigned 2002-07-04
STEWART, Dennis Fraser→
Resigneddirector · ~73y · appointed 2002-07-04 · resigned 2024-10-29
FORM 10 DIRECTORS FD LTD→
Resignedcorporate-nominee-director · appointed 2002-07-04 · resigned 2002-07-04
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Security Trustee Limited | A registered charge | — | 18/09/2019 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 21/04/2014 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (76 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-04-30
memorandum-articles
incorporation · MA
2024-11-06
resolution
resolution · RESOLUTIONS
2024-11-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-11-01
termination-director-company-with-name-termination-date
officers · TM01
2024-11-01
termination-secretary-company-with-name-termination-date
officers · TM02
2024-11-01
capital-alter-shares-subdivision
capital · SH02
2024-10-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-20