AQUA THERMAE LIMITED

🌳Matureactive

06994862 · ltd · incorporated 2009-08-19

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£38.5k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Other building completion and finishing

Sector: Construction

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. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (79/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 2 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

43 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 £38,478

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£38k

↑ 35% YoY

Current Assets

£54k

↑ 28% 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	£38.5k	£28.6k
Current assets	£53.7k	£41.8k
Net assets	£38.5k	£28.6k

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

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (18 events)Click to expand

2025-09-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-01-16
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-01-15
📄
change-person-director-company-with-change-date
officers · CH01
2019-01-15
📄
change-person-director-company-with-change-date
officers · CH01
2019-01-15
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-12-04
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-06-26
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-09-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-11-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2009-08-19
🏢
Company incorporated
As AQUA THERMAE LIMITED
2009-08-19
➕
BISHOP, Richard Raymond appointed
director
2009-08-19
➕
LAVIS, Yvonne Mary appointed
director

Owner dependency

81/100

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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 61 — approaching natural succession window.
+No director turnover: Company is 17 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

69/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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

Name	Shares	Voting rights	Nature of control	Notified
Ms Yvonne Mary Lavis Individual · British · DOB 05/1970 · age 56	50–75%	—	50-75% shares	19/08/2016

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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AN EXCELLENT COMPANY LTD→ 10234914 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
APJ CARPENTRY & CONSTRUCTION LTD→ 15513654 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
APMBUILD LTD→ 16087373 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

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 →

🔒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

Incorporated2009-08-19

Jurisdictionengland-wales

Primary SIC43390 — Other building completion and finishing

Registered office

Thorne House Farm

Glewstone

Ross-On-Wye

Herefordshire

HR9 6AR

England

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-08-29

Last: 2025-08-15

Officers (2 active · 0 resigned)

BISHOP, Richard Raymond→

director · ~61y · appointed 2009-08-19

View their other companies + combined net worth →

Active

LAVIS, Yvonne Mary→

director · ~56y · appointed 2009-08-19

View their other companies + combined net worth →

Active

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