ALWASTE LIMITED

💤Zombieactive

05750984 · ltd · incorporated 2006-03-21

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 Mar 2026

Net worth

£1

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 38110

Sector: Water supply & waste

ALSO REGISTERED FOR

39000SIC 39000
49410Freight transport by road
77390Renting and leasing of other machinery, equipment and tangible goods n.e.c.

Investor take

Pursue

Asset-holding vehicle with a 61-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 61). 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 (73/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 4 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

1 connected companies via shared directors

Filing history

47 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £1

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£1

~ YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2026-03-31	2025-03-31
Total assets	£1	£1
Current assets	—	£0
Net assets	£1	£1

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

Recent activity

Last 30 days

filings

Last 90 days

filings

• 1 accounts
• 1 confirmation-statement

Last 180 days

filings

• 2 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (18 events)Click to expand

2026-03-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-28
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-12-20
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-12-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-12-16
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-04-11
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-14
📄
accounts-with-accounts-type-dormant
accounts · AA
2015-04-03
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-12-26
📄
accounts-with-accounts-type-dormant
accounts · AA
2006-03-21
🏢
Company incorporated
As ALWASTE LIMITED
2006-03-21
➕
HCS SECRETARIAL LIMITED appointed
corporate-nominee-secretary
2006-03-21
➕
LEGG, Alan Ashley appointed
director

Owner dependency

98/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.
+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 61 — approaching natural succession window.
+No director turnover: Company is 20 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

85/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 20 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

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Alan Ashley Legg Individual · British · DOB 08/1965 · age 61	—	—	sig. influencesignificant influence	06/04/2016

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.

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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.

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Company details

Statusactive

Typeltd

Incorporated2006-03-21

Jurisdictionengland-wales

Primary SIC38110 — SIC 38110

Registered office

10 Fairfield Way

Whitby Business Park

Whitby

North Yorkshire

YO22 4PU

Filing status

Accounts

Next due: 2027-12-31

Last made up to: 2026-03-31

Confirmation statement

Next due: 2027-04-14

Last: 2026-03-31

Officers (2 active · 0 resigned)

HCS SECRETARIAL LIMITED→

corporate-nominee-secretary · appointed 2006-03-21

View their other companies + combined net worth →

Active

LEGG, Alan Ashley→

director · ~61y · appointed 2006-03-21

View their other companies + combined net worth →

Active

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