CITY EXCAVATIONS LTD
💤Zombieactive
09010490 · ltd · incorporated 2014-04-24
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 Apr 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 38210
Sector: Water supply & waste
ALSO REGISTERED FOR
- 39000SIC 39000
- 49410Freight transport by road
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (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 (58/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 5.6y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 5.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
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 | 2025-04-30 | 2024-04-30 |
|---|
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 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-12-01📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-01-02📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-01-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-01-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-25🔒Charge registered #2Lender: Hsbc UK Bank PLC
- 2022-12-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-08-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-08-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-08-19📄change-person-director-company-with-change-dateofficers · CH01
- 2021-12-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-10-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-10-02🔒Charge registered #1Lender: Npif Nw Debt LP Acting by North West Loans Npif Gp Limited as the General Partner of Npif Nw Debt LP Acting by Fw Capital Limited
- 2020-09-10📄accounts-amended-with-made-up-dateaccounts · AAMD
- 2020-07-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-04-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-08-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-23📄change-person-director-company-with-change-dateofficers · CH01
- 2019-01-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2014-04-24🏢Company incorporatedAs CITY EXCAVATIONS LTD
- 2014-04-24➕CHAISTY, Mark David appointeddirector
Owner dependency
80/100
Critical — business is the founderThe 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.
- +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
58/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 12 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mark David Chaisty Individual · British · DOB 05/1971 · age 55 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 25/04/2016 |
Mrs Allison Louise Chaisty Individual · English · DOB 05/1972 · age 54 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 17/07/2022 |
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 · Energy & utilities · M postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 360 ENERGY SERVICES LTD→ 15622548 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BRENDAN DUGGAN LTD→ 07736488 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| CHESHIRE SOILS AND AGGREGATES LIMITED→ 12410705 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| CITY CARE LIMITED→ 11137350 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| CITY MOVERS LTD→ 16003772 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CLEAR WASTE SKIP HIRE LTD→ 16425169 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CLEARAWAY GROUP LTD→ 16554867 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CLEARFLOW CHEMICAL CLEANING LTD→ 11192500 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| CLEARFLOW SYSTEMS LTD→ 16811752 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CLEARIT SERVICES LIMITED→ 12298926 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CLEARSAFE WATER SERVICES LTD→ 16499597 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CLEARTECH WATER SERVICES LIMITED→ 06529434 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
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
Incorporated2014-04-24
Jurisdictionengland-wales
Primary SIC38210 — SIC 38210
Registered office
651 Eccles New Road
Salford
M50 1BA
England
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-10-21
Last: 2025-10-07
Officers (1 active · 0 resigned)
CHAISTY, Mark David→
Activedirector · ~55y · appointed 2014-04-24
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 25/01/2023 | — | |
| outstanding | Npif Nw Debt LP Acting by North West Loans Npif Gp as the General Partner of Npif Nw Debt LP Acting by Fw Capital Npif Nw Debt LP Acting by North West Loans Npif Gp Limited as the General Partner of Npif Nw Debt LP Acting by Fw Capital Limited | A registered charge | 2 properties | 02/10/2020 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (34 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-01-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-01-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-08-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-19
change-person-director-company-with-change-date
officers · CH01
2022-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-11