AQUAFLAMES SPAS LIMITED

💤Zombieactive
09633866 · ltd · incorporated 2015-06-11
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 Jun 2025
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 80/100. 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).

🏦

Refinance opportunity

2 live charges · oldest 4.7y

35/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Charge age ~4.7 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (86/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
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
2 connected companies via shared directors
51
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
100
Good data coverage for analysis.

Key financials

3 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2023Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-302023-06-30
Average employees900-1100300

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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-10-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-07-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-07-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-02-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-03-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2022-03-03
    🔒
    Charge registered #2
    Lender: Hsbc UK Bank PLC
  12. 2021-11-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2021-11-04
    🔒
    Charge registered #1
    Lender: Hsbc UK Bank PLC
  14. 2021-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-10-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-03-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2017-03-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2015-07-22
    ROACH, James Bernard resigned
    director
  20. 2015-06-11
    🏢
    Company incorporated
    As AQUAFLAMES SPAS LIMITED
  21. 2015-06-11
    YOUNG, Richard appointed
    director
  22. 2015-06-11
    ROACH, James Bernard 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 58 — approaching natural succession window.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Richard Young
Individual · British · DOB 02/1968 · age 58
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2015-06-11
Jurisdictionengland-wales
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

Unit 1 James Watt Close
Drayton Fields Industrial Estate
Daventry
NN11 8RJ
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-09-07
Last: 2025-08-24

Officers (1 active · 1 resigned)

YOUNG, Richard
director · ~58y · appointed 2015-06-11
View their other companies + combined net worth →
Active
ROACH, James Bernard
director · ~61y · appointed 2015-06-11 · resigned 2015-07-22
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property03/03/2022
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property04/11/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (29 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-03-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-11-05