AQUASERVE ENGINEERING LIMITED
💤Zombieactive
06722818 · ltd · incorporated 2008-10-14
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 Dec 2024
Net worth
£4.1k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 36000
Sector: Water supply & waste
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 75/100. 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).
Data confidence
Overall: medium (76/100)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
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
46 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
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £4,093
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£4k
↑ 1598% YoY
Current Assets
£100k
↑ 235% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £4.1k | £241 |
| Current assets | £100.3k | £30.0k |
| Net assets | £4.1k | £241 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
- • 2 gazette
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-01-21📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-01-06📄gazette-notice-compulsorygazette · GAZ1
- 2025-09-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-11📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-01-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-07📄gazette-notice-compulsorygazette · GAZ1
- 2024-12-31➖WOLVERSON, Hilary resigneddirector
- 2024-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-07📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-01-03📄gazette-notice-compulsorygazette · GAZ1
- 2022-09-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-05-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-03-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-09-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-01-24➕WOLVERSON, Hilary appointeddirector
- 2008-10-14🏢Company incorporatedAs AQUASERVE ENGINEERING LIMITED
- 2008-10-14➕WOLVERSON, Mark appointedsecretary
- 2008-10-14➕WOLVERSON, Paul appointeddirector
Owner dependency
85/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
68/100
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.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 18 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.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Paul Wolverson Individual · British · DOB 07/1981 · age 45 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| A J ROBERTS ENGINEERING SERVICES LTD→ 11206679 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
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| A.S.L SKIP AND GRAB HIRE LTD→ 16899976 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AKA MECHANICAL LTD→ 09473608 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ALRATE GEORGE - WASTE REMOVALS & RECYCLING LTD→ 16478825 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALVECHURCH HEATING & PLUMBING SERVICES LIMITED→ 01115836 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
| ANSLOW RENEWABLES LIMITED→ 12040216 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AR RECYCLING (SOMERCOTES) LTD→ 14490420 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ASH SOLAR FARM LIMITED→ 13621165 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ASHFORD MILL DEVELOPMENTS LTD→ 06585285 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| ASPIRA GROUP LTD→ 16427266 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2008-10-14
Jurisdictionengland-wales
Primary SIC36000 — SIC 36000
Registered office
Derwent House 6 Main Road
Darley Bridge
Matlock
DE4 2JY
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-28
Last: 2025-10-14
Officers (2 active · 1 resigned)
Active
WOLVERSON, Paul→
Activedirector · ~45y · appointed 2008-10-14
View their other companies + combined net worth →
WOLVERSON, Hilary→
Resigneddirector · ~53y · appointed 2017-01-24 · resigned 2024-12-31
Click a director name to see their full track record across all companies.
Recent filings (46 total)
gazette-filings-brought-up-to-date
gazette · DISS40
2026-01-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-20
gazette-notice-compulsory
gazette · GAZ1
2026-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-09
gazette-filings-brought-up-to-date
gazette · DISS40
2025-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-08
termination-director-company-with-name-termination-date
officers · TM01
2025-01-08
gazette-notice-compulsory
gazette · GAZ1
2025-01-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-30
gazette-filings-brought-up-to-date
gazette · DISS40
2023-01-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-06
gazette-notice-compulsory
gazette · GAZ1
2023-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-29