BMJ WASTE LIMITED

🌳Matureactive
08080948 · ltd · incorporated 2012-05-23
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 Jul 2025
Net worth
£1.4k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
Investor take
Pursue
Asset-holding vehicle with a 79-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -89% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

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, 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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
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
Positive net assets
Net assets £1,351
Cash draining
Cash down 89% YoY
Cash YoY
-89%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£72k
↓ 89% YoY
Net Worth
£1k
↑ 93% YoY
Current Assets
£3.0m
↑ 3.4% YoY
Current Liabilities
£0£601k£1.2m£1.8m£2.4m£3.0mJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31
Total assets£1.4k£700
Current assets£3.01M£2.91M
Cash£72.4k£630.4k
Debtors£2.93M£2.28M
Net assets£1.4k£700

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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2023-07-25
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2022-04-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-04-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-04-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-03-02
    KERR, Yvonne appointed
    director
  11. 2018-03-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2017-04-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2017-04-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2017-04-11
    ATHANASIADES, Anastasios resigned
    director
  15. 2016-06-06
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-04-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-03-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2015-05-25
    ATHANASIADES, Anastasios appointed
    director
  19. 2012-05-23
    🏢
    Company incorporated
    As BMJ WASTE LIMITED
  20. 2012-05-23
    PATEFIELD, Michael Anthony appointed
    director

Owner dependency

73/100
High — earn-out structure required

Material 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.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

79/100
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 79 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 14 years.
  • 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.)

Group structure

Forumstatus Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Forumstatus Ltd
Corporate parent · holds 75-100% shares
ultimate parent
BMJ WASTE LIMITED
This company · 08080948

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%
NameSharesVoting rightsNature of controlNotified
Forumstatus Ltd
Corporate entity
75100%
75-100% shares24/05/2016

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

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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
Incorporated2012-05-23
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110

Registered office

20 Peterborough Road
Harrow
Middlesex
HA1 2BQ

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-06-06
Last: 2026-05-23

Officers (2 active · 1 resigned)

KERR, Yvonne
director · ~64y · appointed 2018-03-02
View their other companies + combined net worth →
Active
PATEFIELD, Michael Anthony
director · ~79y · appointed 2012-05-23
View their other companies + combined net worth →
Active
ATHANASIADES, Anastasios
director · ~57y · appointed 2015-05-25 · resigned 2017-04-11
Resigned

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

Recent filings (35 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-05
accounts-with-accounts-type-small
accounts · AA
2024-04-29
accounts-with-accounts-type-small
accounts · AA
2023-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-29