AQUASSIST LTD
💤Zombieactive
05556351 · ltd · incorporated 2005-09-07
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 Jan 2025
Net worth
£253.5k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
Investor take
PursueStrong opportunity: asset-holding vehicle 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 10.8y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 10.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
64 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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £253,512
Cash YoY
+27%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£255k
↑ 27% YoY
Net Worth
£254k
~ YoY
Current Assets
£274k
↑ 7.7% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £279.5k | £275.8k |
| Current assets | £274.0k | £254.4k |
| Cash | £254.6k | £199.8k |
| Debtors | £19.1k | £54.1k |
| Net assets | £253.5k | £252.7k |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2025-07-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-05-02📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-10-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-07-18📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-07-01📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-10-02📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-07-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-10-03📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-08-27📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2017-08-24➕PORTER, Coralie Ellen appointedsecretary
- 2017-08-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-08-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-08-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-08-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-08-15📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2017-08-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-08-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-08-01➕LIVELY, Ian appointeddirector
- 2017-08-01➖KELLY, Padraig John resignedsecretary
- 2017-08-01➖HANCORN, Jeffrey James resigneddirector
- 2017-08-01➖KELLY, Padraig John resigneddirector
- 2017-07-27🔓Charge satisfied #1
- 2015-07-27🔒Charge registered #1Lender: National Westminster Bank PLC
- 2005-09-09➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 2005-09-09➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
- 2005-09-07🏢Company incorporatedAs AQUASSIST LTD
- 2005-09-07➕KELLY, Padraig John appointedsecretary
- 2005-09-07➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 2005-09-07➕HANCORN, Jeffrey James appointeddirector
- 2005-09-07➕KELLY, Padraig John appointeddirector
- 2005-09-07➕FORM 10 DIRECTORS FD LTD appointedcorporate-nominee-director
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 21 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ian Lively Individual · British · DOB 10/1974 · age 52 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 01/08/2017 |
2 historic (ceased) PSCs
- Mr Padraig John Kellyceased 01/08/2017· 25-50% shares
- Mr Jeffrey James Hancornceased 01/08/2017· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 421166 UK LIMITED→ 15883650 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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| ARROW BARNS (EARDISLAND) PLANT COMPANY→ 02905794 · est 1994 · no financials extracted | — | — | — | — | 32y | — | — |
| AXE WASTE LIMITED→ 13975459 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BALLINGHAM COURT LIMITED→ 09533563 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| BIRCH VIEW MANAGEMENT COMPANY LIMITED→ 06500406 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| BLACK MOUNTAIN MINERAL WATER COMPANY LIMITED→ 02991592 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| BOULTBEE BROOKS (ENERGY STORAGE BARTON IN FABIS) LIMITED→ 14943696 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BOULTBEE BROOKS (ENERGY STORAGE KIBWORTH ROAD) LIMITED→ 15176677 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BOULTBEE BROOKS (ENERGY STORAGE LARKS LANE) LIMITED→ 15437911 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BOULTBEE BROOKS (ENERGY STORAGE MANSFIELD ROAD) LIMITED→ 15240565 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BOULTBEE BROOKS (ENERGY STORAGE OLD PARK LANE) LIMITED→ 15177029 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2005-09-07
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110
Registered office
2 Oak House St. Marys Lane
Burghill
Hereford
HR4 7QZ
England
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-09-21
Last: 2025-09-07
Officers (2 active · 5 resigned)
PORTER, Coralie Ellen→
Activesecretary · appointed 2017-08-24
View their other companies + combined net worth →
Active
KELLY, Padraig John→
Resignedsecretary · appointed 2005-09-07 · resigned 2017-08-01
FORM 10 SECRETARIES FD LTD→
Resignedcorporate-nominee-secretary · appointed 2005-09-07 · resigned 2005-09-09
HANCORN, Jeffrey James→
Resigneddirector · ~66y · appointed 2005-09-07 · resigned 2017-08-01
KELLY, Padraig John→
Resigneddirector · ~61y · appointed 2005-09-07 · resigned 2017-08-01
FORM 10 DIRECTORS FD LTD→
Resignedcorporate-nominee-director · appointed 2005-09-07 · resigned 2005-09-09
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 27/07/2015 | 27/07/2017 |
Recent filings (64 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-05-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-07-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-07-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-10-08