ABSOLUTE COOLING TOWER SERVICES LTD

🌳Matureactive
07641849 · ltd · incorporated 2011-05-20
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 14.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£122.7k
book net assets
Opportunity
82/100
Exceptional
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What this business does

Likely providing maintenance, repair, and refurbishment services for industrial cooling towers, including routine inspections, cleaning, mechanical servicing, and component replacement for commercial and industrial clients across the UK.

Primary activity: SIC 33190
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 14.9y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 14.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £122,687

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£123k
↑ 31% YoY
Current Assets
£146k
↑ 3.9% YoY
Current Liabilities
£0£29k£58k£88k£117k£146kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£131.7k£104.8k
Current assets£146.2k£140.8k
Net assets£122.7k£93.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal 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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-10-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2024-12-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-12-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-12-12
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  6. 2024-12-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-07-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2024-07-19
    🔓
    Charge satisfied #1
  9. 2024-07-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2023-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-12-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-01-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2022-01-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2021-12-13
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  15. 2021-03-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2020-03-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2019-03-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2011-07-01
    LEE, Norman Anthony appointed
    director
  19. 2011-06-24
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  20. 2011-05-20
    🏢
    Company incorporated
    As ABSOLUTE COOLING TOWER SERVICES LTD
  21. 2011-05-20
    LEE, Carol appointed
    secretary
  22. 2011-05-20
    LEE, Carol appointed
    director

Owner dependency

83/100
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 15 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

89/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Norman Anthony Lee
Individual · British · DOB 05/1955 · age 71
2550%
25-50% shares06/04/2016
Mrs Carol Lee
Individual · British · DOB 08/1960 · age 66
2550%
25-50% shares06/04/2016

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.

See pricing →

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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
Incorporated2011-05-20
Jurisdictionengland-wales
Primary SIC33190 — SIC 33190

Registered office

Aireside House
Royd Ings Avenue
Keighley
West Yorkshire
BD21 4BZ
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-06-03
Last: 2026-05-20

Officers (3 active · 0 resigned)

LEE, Carol
secretary · appointed 2011-05-20
View their other companies + combined net worth →
Active
LEE, Carol
director · ~66y · appointed 2011-05-20
View their other companies + combined net worth →
Active
LEE, Norman Anthony
director · ~71y · appointed 2011-07-01
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Debenture1 property24/06/201119/07/2024

Recent filings (59 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-13
change-person-director-company-with-change-date
officers · CH01
2024-12-12
change-person-director-company-with-change-date
officers · CH01
2024-12-12
change-person-secretary-company-with-change-date
officers · CH03
2024-12-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-12
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-20