ACE PROWASTE LTD

💤Zombieactive
07531610 · ltd · incorporated 2011-02-16
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 Feb 2025
Net worth
£-17.3k
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
ALSO REGISTERED FOR
  • 38320SIC 38320
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -67% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £17,256
Cash draining
Cash down 67% YoY
Cash YoY
-67%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£516
↓ 67% YoY
Net Worth
-£17k
↓ 20% YoY
Current Assets
£516
↓ 67% YoY
Current Liabilities
—
-£17k-£13k-£10k-£6k-£2k£2kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Total assets£-17.3k£-14.4k
Current assets£516£1.6k
Cash£516£1.6k
Net assets£-17.3k£-14.4k

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 persons-with-significant-control
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-02-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2026-02-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-11-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2024-11-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2023-11-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2022-11-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2022-02-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2021-03-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-11-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-11-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2016-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-02-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2016-02-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2016-01-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2015-12-31
    ➖
    CAMACHO, Miguel resigned
    director
  17. 2014-05-12
    ➖
    CAMACHO, Abilio resigned
    director
  18. 2011-02-16
    🏢
    Company incorporated
    As ACE PROWASTE LTD
  19. 2011-02-16
    ➕
    OLONGO, Florence appointed
    director
  20. 2011-02-16
    ➕
    CAMACHO, Abilio appointed
    director
  21. 2011-02-16
    ➕
    CAMACHO, Miguel appointed
    director

Owner dependency

93/100
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 15 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

88/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

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
NameSharesVoting rightsNature of controlNotified
Miss Florence Olongo
Individual · British · DOB 05/1963 · age 63
25–50%
—25-50% shares · firm interest06/04/2016
1 historic (ceased) PSC
  • Mr Miguel Vicente Freitas-Camachoceased 14/02/2026· 25-50% shares · 25-50% voting · board control

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.

See pricing →

Similar companies

Active · Energy & utilities · SE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
6TEEN BUILDING SERVICES LIMITED→
12524784 · est 2020 · no financials extracted
————6y——
A SHADE GREENER (F2) LTD→
07530102 · est 2011 · no financials extracted
————15y——
A+ BUILDING SERVICES LIMITED→
06429419 · est 2007 · no financials extracted
————18y——
A1 ELECTRICS@WORK LIMITED→
09051708 · est 2014 · no financials extracted
————11y——
AAA WASTE MANAGEMENT LIMITED→
13607964 · est 2021 · no financials extracted
————4y——
ABSOLUTE RUBBISH SOLUTIONS LTD→
17016297 · est 2026 · no financials extracted
———————
AGES CAMEROON LTD→
10118543 · est 2016 · no financials extracted
————10y——
AK WASTE LIMITED→
14505507 · est 2022 · no financials extracted
————3y——
ALL STAR WASTE CLEARANCES LTD→
16006261 · est 2024 · no financials extracted
————1y——
ALL TYPE SOLUTIONS LTD.→
16831615 · est 2025 · no financials extracted
———————
ALL WELL PROPERTY SERVICES LTD→
12721034 · est 2020 · no financials extracted
————5y——
ALON INVEST LTD→
12939959 · est 2020 · no financials extracted
————5y——
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
Incorporated2011-02-16
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110

Registered office

63 Swan Road
London
SE16 7DY
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-02
Last: 2026-02-16

Officers (1 active · 2 resigned)

OLONGO, Florence→
director · ~63y · appointed 2011-02-16
View their other companies + combined net worth →
Active
CAMACHO, Abilio→
director · ~66y · appointed 2011-02-16 · resigned 2014-05-12
Resigned
CAMACHO, Miguel→
director · ~64y · appointed 2011-02-16 · resigned 2015-12-31
Resigned

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

Recent filings (36 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-11-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-02-23
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-20