AQUA PASSPORT LIMITED

🌳Matureactive

08447627 · ltd · incorporated 2013-03-15

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 Mar 2025

Net worth

£-4.1k

book net assets

Opportunity

75/100

Strong

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What this business does

Primary activity: Activities of sport clubs

Sector: Arts, entertainment & recreation

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 75/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 82). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (81/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

10 officers (5 active, 10 linked, 8 with DOB)

Ownership & PSC

1 active PSC(s) of 12 total, 12 with control declared

Director network

7 connected companies via shared directors

Filing history

63 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

75/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Negative net assets

Liabilities exceed assets by £4,141

Net assets shrinking

Down £205,734 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£4k

↓ 102% YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31	2024-03-31
Total assets	£-4.1k	£212.9k
Current assets	—	£258.0k
Cash	—	£184.2k
Debtors	—	£73.8k
Net assets	£-4.1k	£201.6k

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

🔒Filing-note intelligence

2 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

filings

Last 90 days

filing

• 1 officers

Last 180 days

filings

• 1 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (35 events)Click to expand

2026-04-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-31
➖
FLETCHER, Jonathan David resigned
director
2025-11-28
📄
accounts-with-accounts-type-small
accounts · AA
2025-11-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-11-13
➕
LEWIS, Huw Martin appointed
director
2025-10-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-10-16
➖
EADY, Roger John resigned
director
2025-08-18
➕
MURPHY, Patrick appointed
secretary
2025-08-18
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2025-01-10
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2025-01-09
➖
MATHIAS, Clive Stanley resigned
secretary
2024-12-10
📄
change-person-director-company-with-change-date
officers · CH01
2024-12-10
📄
accounts-with-accounts-type-small
accounts · AA
2023-11-29
📄
accounts-with-accounts-type-small
accounts · AA
2022-12-12
📄
accounts-with-accounts-type-small
accounts · AA
2022-11-28
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-11-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-11-16
➕
JONES, Ian appointed
director
2022-11-16
➕
FLETCHER, Jonathan David appointed
director
2022-08-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-07-08
➖
JAMES, Robert Michael Kenneth John resigned
director
2021-12-22
📄
accounts-with-accounts-type-small
accounts · AA
2021-03-29
📄
accounts-with-accounts-type-small
accounts · AA
2020-12-17
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-12-17
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-12-17
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-12-17
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2016-04-11
➕
FEENEY, Fergus Gerard appointed
director
2016-02-05
➖
JENKINS, Alan Illtyd resigned
director
2013-03-15
🏢
Company incorporated
As AQUA PASSPORT LIMITED
2013-03-15
➕
BEWLEY, Allen appointed
director
2013-03-15
➕
MATHIAS, Clive Stanley appointed
secretary
2013-03-15
➕
EADY, Roger John appointed
director
2013-03-15
➕
JAMES, Robert Michael Kenneth John appointed
director
2013-03-15
➕
JENKINS, Alan Illtyd appointed
director

Owner dependency

55/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 82 — succession pressure is live.

Succession & seller-readiness

73/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 13 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·

2 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: EADY, Roger John resigned 2025-10-16; FLETCHER, Jonathan David resigned 2026-03-31

Group structure

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

🏛️

Swim Wales

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

AQUA PASSPORT LIMITED

This company · 08447627

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
Swim Wales Corporate entity	75–100%	—	board control75-100% shares · board control	01/03/2020

11 historic (ceased) PSCs

Mrs Nicola Jayne Rylett-Jonesceased 17/12/2020· board control
Mrs Sarah Victoria Whittleceased 17/12/2020· board control
Mr Hema Luqmanceased 17/12/2020· board control
Mr Allen Bewleyceased 17/12/2020· board control
Mr Ian Jonesceased 17/12/2020· board control
Ms Helen Frances Northmoreceased 17/12/2020· board control
Mrs Natalie Anne Benjaminceased 17/12/2020· board control
Mr Tecwyn Dafydd Daviesceased 17/12/2020· board control
Mr Fergus Gerard Feeneyceased 17/12/2020· board control
Ms Sian Elizabeth Priggceased 17/12/2020· board control
Mr Huw Martin Lewisceased 17/12/2020· 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 · Leisure & entertainment · SA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
AJT CONTENT CREATIONS LTD→ 15179783 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ALAN BUSHELL RACING LTD→ 11380050 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
ALLEGRO TRAVEL LTD→ 06892099 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
ALPINE PROMOTIONS LIMITED→ 03605432 · est 1998 · no financials extracted	—	—	—	—	27y	—	—
ALUNA LIMITED→ 04488882 · est 2002 · no financials extracted	—	—	—	—	23y	—	—
AMLIND (UK) LIMITED→ 03873661 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
AMMAN VALLEY TROTTING CLUB LIMITED→ 05310934 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
ANDREW HOLMES FUNFAIRS LTD→ 11806990 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
ANTHEM EVENTS LTD→ 15285538 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ANTURFIT LTD→ 12234812 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
AQUA SWANSEA LTD→ 12344239 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
ARAGAN SPORTS LTD.→ 07970993 · est 2012 · no financials extracted	—	—	—	—	14y	—	—

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

Incorporated2013-03-15

Jurisdictionengland-wales

Primary SIC93120 — Activities of sport clubs

Registered office

Swim Wales Wales National Pool - Swansea

Sketty Lane

Swansea

West Glamorgan

SA2 8QG

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-24

Last: 2026-03-10