D B WATERWORKS LIMITED
Opportunity 64/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £123.8k | £218.8k |
| Current assets | £210.3k | £302.6k |
| Net assets | £63.8k | £101.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 gazette
- • 1 gazette
- • 1 gazette
- • 1 accounts
Corporate timeline (19 events)Click to expand
- 2026-05-12📄gazette-notice-compulsorygazette · GAZ1
- 2025-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-05📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-08-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-26📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2021-06-08📄gazette-notice-compulsorygazette · GAZ1
- 2020-04-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-10-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-17📄gazette-filings-brought-up-to-dategazette · DISS40
- 2019-04-16📄gazette-notice-compulsorygazette · GAZ1
- 2018-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2014-01-27🏢Company incorporatedAs D B WATERWORKS LIMITED
- 2014-01-27➕GILLIGAN, Daniel Francis appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 12 years.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-02-10
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Daniel Francis Gilligan Individual · British · DOB 10/1973 · age 53 | — | — | sig. influencesignificant influence | 01/01/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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8 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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.