HEREFORD ASBESTOS SERVICES LTD
🌳Matureactive
07513369 · ltd · incorporated 2011-02-01
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
£692.2k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 39000
Sector: Water supply & waste
ALSO REGISTERED FOR
- 71121Engineering design activities for industrial process and production
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -88% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 14.0y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 14.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
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, 2 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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £692,239
Cash draining
Cash down 88% YoY
Cash YoY
-88%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£11k
↓ 88% YoY
Net Worth
£692k
↑ 5.7% YoY
Current Assets
£1.0m
↑ 25% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Total assets | £720.0k | £774.2k |
| Current assets | £1.02M | £818.1k |
| Cash | £11.3k | £97.1k |
| Debtors | £1.01M | £714.7k |
| Net assets | £692.2k | £654.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-22➕WILLIS, Scott James appointeddirector
- 2021-08-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-08-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-08-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-08-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-08-12➖PERKINS-BEST, Jamie Stuart resigneddirector
- 2021-04-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-04-06📄change-person-director-company-with-change-dateofficers · CH01
- 2020-08-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-05-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-05-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-05-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2012-07-11🔒Charge registered #1Lender: National Westminster Bank PLC
- 2011-02-01🏢Company incorporatedAs HEREFORD ASBESTOS SERVICES LTD
- 2011-02-01➕JONES, Adam John appointeddirector
- 2011-02-01➕PERKINS-BEST, Jamie Stuart appointeddirector
Owner dependency
68/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
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 15 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 15 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.)
Group structure
Hereford Asbestos Services Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Hereford Asbestos Services Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
HEREFORD ASBESTOS SERVICES LTD
This company · 07513369
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Hereford Asbestos Services Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 12/08/2021 |
2 historic (ceased) PSCs
- Mr Adam John Jonesceased 12/08/2021· 25-50% shares · 25-50% voting
- Mr Jamie Stuart Perkins-Bestceased 12/08/2021· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Energy & utilities · HR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| COOL CLIMATE LIMITED→ 11605582 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| COURT MEADOW LTD→ 12371192 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ECO DOG SOLUTIONS CIC→ 16953226 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| FALCO ELECTRICAL LTD→ 14048727 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| GREENAPPLE SERVICES (UK) LTD→ 08739257 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| GREENEARTH EAS MOR LIMITED→ 09586892 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| GREENEARTH SYCHBANT HYDRO LIMITED→ 09586718 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| HAY REGENERATIVE SOILS CIC→ 13884262 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| HEREFORD PEDICABS LTD→ 06031773 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| HEREFORDSHIRE BIOGAS LTD→ 08557590 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| HOARWITHY SEWAGE TREATMENT PLANT MANAGEMENT COMPANY LIMITED→ 14768113 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| HSL COMPLIANCE ADVANCED WATER TECHNOLOGIES LTD→ 04344970 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2011-02-01
Jurisdictionengland-wales
Primary SIC39000 — SIC 39000
Registered office
Units 2-3 Pearson Business Park
Coldnose Road
Hereford
HR2 6JL
United Kingdom
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-11-21
Last: 2025-11-07
Officers (2 active · 1 resigned)
JONES, Adam John→
Activedirector · ~50y · appointed 2011-02-01
View their other companies + combined net worth →
WILLIS, Scott James→
Activedirector · ~46y · appointed 2022-03-22
View their other companies + combined net worth →
PERKINS-BEST, Jamie Stuart→
Resigneddirector · ~50y · appointed 2011-02-01 · resigned 2021-08-12
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 11/07/2012 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (48 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-24
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-09
appoint-person-director-company-with-name-date
officers · AP01
2022-04-04
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-24
termination-director-company-with-name-termination-date
officers · TM01
2021-08-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-08-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-08-20