CARDIFF ARMS WASTE MANAGEMENT LIMITED

💤Zombieactive
08458023 · ltd · incorporated 2013-03-22
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 Mar 2025
Net worth
£228.8k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (82/100)

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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 · accounting standard not declared
Positive net assets
Net assets £228,796
Cash YoY
+3%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£118k
↑ 2.9% YoY
Net Worth
£229k
↑ 16% YoY
Current Assets
£390k
↑ 19% YoY
Current Liabilities
£0£78k£156k£234k£312k£390kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£240.4k£226.5k
Current assets£390.3k£326.8k
Cash£117.9k£114.6k
Debtors£272.3k£212.2k
Net assets£228.8k£197.0k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-10-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-03-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2021-11-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2021-11-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2021-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-07-26
    WALTERS, Jonathan Richard resigned
    director
  10. 2021-03-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-06-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2019-12-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-11-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-08-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-02-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2014-03-23
    WALTERS, Jonathan Richard appointed
    director
  17. 2013-03-22
    🏢
    Company incorporated
    As CARDIFF ARMS WASTE MANAGEMENT LIMITED
  18. 2013-03-22
    MACKIE, Andrew James 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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

78/100
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 13 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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Andrew Mackie
Individual · British · DOB 07/1963 · age 63
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.

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Company details

Statusactive
Typeltd
Incorporated2013-03-22
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110

Registered office

Unit 8 Curran Road Industrial Estate
Curran Road
Cardiff
CF10 5DF

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-25
Last: 2026-03-11

Officers (1 active · 1 resigned)

MACKIE, Andrew James
director · ~63y · appointed 2013-03-22
View their other companies + combined net worth →
Active
WALTERS, Jonathan Richard
director · ~60y · appointed 2014-03-23 · resigned 2021-07-26
Resigned

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

Recent filings (33 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-11
termination-director-company-with-name-termination-date
officers · TM01
2022-03-11
change-person-director-company-with-change-date
officers · CH01
2021-11-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-11-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-25