AQUAIR COMMISSIONING SERVICES LTD

💤Zombieactive
06858244 · ltd · incorporated 2009-03-25
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 2025
Net worth
£115.9k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
Pursue
Strong 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 (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
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
43 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 declared
Positive net assets
Net assets £115,875
Cash YoY
+62%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£134k
↑ 62% YoY
Net Worth
£116k
↑ 35% YoY
Current Assets
£145k
↑ 14% YoY
Current Liabilities
£0£29k£58k£87k£116k£145kMar 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
Total assets£115.9k£85.9k
Current assets£144.9k£126.6k
Cash£133.8k£82.4k
Debtors£11.1k£44.3k
Net assets£115.9k£85.9k

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
  • 2 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-02-17
    📄
    replacement-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP01CS01
  2. 2025-10-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-03-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-03-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-03-31
    BURGESS, Christopher David resigned
    director
  8. 2022-08-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-07-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-10-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-08-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-07-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-04-06
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-06-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2009-03-30
    NORTH, Stephen James appointed
    director
  18. 2009-03-30
    BURGESS, Christopher David appointed
    director
  19. 2009-03-30
    JESTY, Yvonne Jane resigned
    director
  20. 2009-03-25
    🏢
    Company incorporated
    As AQUAIR COMMISSIONING SERVICES LTD
  21. 2009-03-25
    PADDON, Sandra Helen appointed
    secretary
  22. 2009-03-25
    JESTY, Yvonne Jane appointed
    director

Owner dependency

85/100
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 17 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
Strong succession signal

Multiple 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 17 years.
  • secondaryStable-but-static management: Company is 17 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Stephen James North
Individual · British · DOB 01/1970 · age 56
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest01/03/2017
1 historic (ceased) PSC
  • Mr Christopher David Burgessceased 31/03/2023· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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16231304 · est 2025 · no financials extracted
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16061984 · est 2024 · no financials extracted
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13500532 · est 2021 · 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
Incorporated2009-03-25
Jurisdictionengland-wales
Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

4 Thestfield Drive
Staverton
Trowbridge
Wiltshire
BA14 8AD

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-08
Last: 2026-03-25

Officers (2 active · 2 resigned)

PADDON, Sandra Helen
secretary · appointed 2009-03-25
View their other companies + combined net worth →
Active
NORTH, Stephen James
director · ~56y · appointed 2009-03-30
View their other companies + combined net worth →
Active
BURGESS, Christopher David
director · ~61y · appointed 2009-03-30 · resigned 2023-03-31
Resigned
JESTY, Yvonne Jane
director · ~47y · appointed 2009-03-25 · resigned 2009-03-30
Resigned

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

Recent filings (43 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-26
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-19
termination-director-company-with-name-termination-date
officers · TM01
2024-03-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-13