AQUAFIX WATER & ELECTRICS LTD

🌳Matureactive
05354102 · ltd · incorporated 2005-02-05
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.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: SIC 36000
Sector: Water supply & waste
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 76/100 (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).

Data confidence

Overall: medium (77/100)

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
5 officers (2 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Average employees300300

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
0
filings
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-02-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-02-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-02-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2019-02-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2018-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-02-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2018-02-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2018-01-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2018-01-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2013-09-17
    WRIDE, Jean Mary Louise resigned
    director
  18. 2012-07-31
    MORRIS, David Meredith appointed
    director
  19. 2012-07-31
    WRIDE, Jean Mary Louise resigned
    secretary
  20. 2010-04-14
    KELLY, Wayne Meredydd resigned
    director
  21. 2005-02-05
    🏢
    Company incorporated
    As AQUAFIX WATER & ELECTRICS LTD
  22. 2005-02-05
    MORRIS, Gareth Robert appointed
    director
  23. 2005-02-05
    WRIDE, Jean Mary Louise appointed
    secretary
  24. 2005-02-05
    KELLY, Wayne Meredydd appointed
    director
  25. 2005-02-05
    WRIDE, Jean Mary Louise 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 21 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

Multiple 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.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 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
NameSharesVoting rightsNature of controlNotified
Mr David Meredith Morris
Individual · British · DOB 05/1982 · age 44
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mr Gareth Robert Morris
Individual · British · DOB 10/1980 · age 46
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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
Incorporated2005-02-05
Jurisdictionengland-wales
Primary SIC36000 — SIC 36000

Registered office

Doldderwydd
Whitland
Carmarthen,
Carmarthenshire
SA34 0LS
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-19
Last: 2026-02-05

Officers (2 active · 3 resigned)

MORRIS, David Meredith
director · ~44y · appointed 2012-07-31
View their other companies + combined net worth →
Active
MORRIS, Gareth Robert
director · ~46y · appointed 2005-02-05
View their other companies + combined net worth →
Active
WRIDE, Jean Mary Louise
secretary · appointed 2005-02-05 · resigned 2012-07-31
Resigned
KELLY, Wayne Meredydd
director · ~68y · appointed 2005-02-05 · resigned 2010-04-14
Resigned
WRIDE, Jean Mary Louise
director · ~79y · appointed 2005-02-05 · resigned 2013-09-17
Resigned

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

Recent filings (67 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-18
change-person-director-company-with-change-date
officers · CH01
2025-02-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-19