ABLE WASTE SERVICES LIMITED
🌳Matureactive
08236592 · ltd · incorporated 2012-10-02
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 Oct 2024
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 73/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 12.3y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 12.3 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
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
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Average employees | 2000 | 2000 |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2025-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-02📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2021-06-02📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2020-08-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-08-23🔓Charge satisfied #2
- 2019-07-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-05-21🔓Charge satisfied #3
- 2019-04-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-04-01🔒Charge registered #4Lender: Santander UK Pic
- 2018-07-06📄change-person-director-company-with-change-dateofficers · CH01
- 2018-07-06📄change-person-director-company-with-change-dateofficers · CH01
- 2018-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-06-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2017-09-07🔒Charge registered #3Lender: Hsbc Equipment Finance (UK) LTD
- 2015-12-29🔓Charge satisfied #1
- 2015-03-20🔒Charge registered #2Lender: Hsbc Bank PLC
- 2014-01-29🔒Charge registered #1Lender: Lloyds Bank PLC
- 2013-11-02➕BERISHA, Valentina appointeddirector
- 2012-10-02🏢Company incorporatedAs ABLE WASTE SERVICES LIMITED
- 2012-10-02➕BERISHA, Ilir appointeddirector
Owner dependency
71/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
49/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- 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
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ilir Berisha Individual · British · DOB 09/1978 · age 48 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
Ms Valentina Berisha Individual · British · DOB 10/1982 · age 44 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control · firm interest | 06/04/2016 |
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| AKVOSPHERE UK LTD→ 14767710 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALEX ECO LTD→ 17098978 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ANI POWER LIMITED→ 10448529 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AQUATECH WATER TREATMENT PRODUCTS AND SERVICES LTD→ 04542368 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ARINNA SOLAR LIMITED→ 12051406 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BATHROOM WAREHOUSE UK LIMITED→ 06219999 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| BIO COLLECTORS HOLDINGS LIMITED→ 08104785 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| BLU 1 SKIP HIRE LIMITED→ 09915521 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| BONWYCKS LONDON LTD→ 15959997 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BRAZUKSKIP & MOTORCYCLE FOR RENT LTD→ 14476419 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BREEZERIGHT LTD→ 17082594 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BUFAN POWER HOLDING LIMITED→ 12556455 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2012-10-02
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110
Registered office
43 Imperial Way
Croydon
Surrey
CR0 4RR
England
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-16
Last: 2025-10-02
Officers (2 active · 0 resigned)
BERISHA, Ilir→
Activedirector · ~48y · appointed 2012-10-02
View their other companies + combined net worth →
BERISHA, Valentina→
Activedirector · ~44y · appointed 2013-11-02
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Santander Santander UK Pic | A registered charge | 12 properties | 01/04/2019 | — | |
| satisfied | HSBC Hsbc Equipment Finance (UK) LTD | A registered charge | — | 07/09/2017 | 21/05/2019 | |
| satisfied | HSBC Hsbc Bank PLC | A registered charge | 1 property | 20/03/2015 | 23/08/2019 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | A registered charge | 1 property | 29/01/2014 | 29/12/2015 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (43 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-29
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2021-06-02
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2021-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-11