AQUAFIX WATER & ELECTRICS LTD
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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 300 | 300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (25 events)Click to expand
- 2025-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-18📄change-person-director-company-with-change-dateofficers · CH01
- 2025-02-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-02-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-02-26📄change-person-director-company-with-change-dateofficers · CH01
- 2018-02-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-01-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-01-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2013-09-17➖WRIDE, Jean Mary Louise resigneddirector
- 2012-07-31➕MORRIS, David Meredith appointeddirector
- 2012-07-31➖WRIDE, Jean Mary Louise resignedsecretary
- 2010-04-14➖KELLY, Wayne Meredydd resigneddirector
- 2005-02-05🏢Company incorporatedAs AQUAFIX WATER & ELECTRICS LTD
- 2005-02-05➕MORRIS, Gareth Robert appointeddirector
- 2005-02-05➕WRIDE, Jean Mary Louise appointedsecretary
- 2005-02-05➕KELLY, Wayne Meredydd appointeddirector
- 2005-02-05➕WRIDE, Jean Mary Louise appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +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
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Meredith Morris Individual · British · DOB 05/1982 · age 44 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
Mr Gareth Robert Morris Individual · British · DOB 10/1980 · age 46 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (2 active · 3 resigned)
Click a director name to see their full track record across all companies.