INSTANT RUBISH & WASTE CLEARANCE LTD

💤Zombieactive
10023328 · ltd · incorporated 2016-02-24
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 Feb 2025
Net worth
£10.2k
book net assets
Opportunity
74/100
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 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).

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
39 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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £10,175
Net assets shrinking
Down £12,072 YoY
Cash YoY
+26%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£60k
↑ 26% YoY
Net Worth
£10k
↓ 54% YoY
Current Assets
£60k
↑ 26% YoY
Current Liabilities
£0£12k£24k£36k£48k£60kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Total assets£107.0k£103.7k
Current assets£59.6k£47.4k
Cash£59.6k£47.4k
Net assets£10.2k£22.2k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-11-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-11-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-11-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-06-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-03-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2023-03-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2023-03-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2023-03-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2022-11-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2021-11-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2021-11-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2021-11-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2021-11-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2021-11-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2021-11-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2021-02-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  17. 2020-07-22
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2020-07-01
    WELDEMICHAEL, Dawit resigned
    secretary
  19. 2019-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-11-11
    WELDEMICHAEL, Dawit appointed
    secretary
  21. 2017-02-24
    GEREZGIHAR, Yemane appointed
    director
  22. 2017-02-24
    GEREKIDAN, Tewelde Gerezgiher appointed
    director
  23. 2017-02-24
    GEREKIDAN, Tewelde Gerezgiher resigned
    director
  24. 2017-02-24
    GEREZGIHAR, Yemane resigned
    director
  25. 2016-02-24
    🏢
    Company incorporated
    As INSTANT RUBISH & WASTE CLEARANCE LTD
  26. 2016-02-24
    GEREZGIHAR, Yemane appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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 Yemane Gerezgihar
Individual · British · DOB 09/1982 · age 44
75100%
75–100%board control75-100% shares · 75-100% voting · board control24/02/2017
2 historic (ceased) PSCs
  • Mr Tewelde Gerezgiher Gerekidanceased 24/02/2017· 75-100% shares · 75-100% voting · board control
  • Mr Yemane Gerezgiharceased 24/02/2017· 75-100% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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16747193 · est 2025 · no financials extracted
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15221503 · est 2023 · no financials extracted
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14461047 · est 2022 · no financials extracted
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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
Incorporated2016-02-24
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110

Registered office

76 Sumner Road
Croydon
CR0 3LJ
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-07-03
Last: 2025-06-19

Officers (1 active · 3 resigned)

GEREZGIHAR, Yemane
director · ~44y · appointed 2017-02-24
View their other companies + combined net worth →
Active
WELDEMICHAEL, Dawit
secretary · appointed 2019-11-11 · resigned 2020-07-01
Resigned
GEREKIDAN, Tewelde Gerezgiher
director · ~40y · appointed 2017-02-24 · resigned 2017-02-24
Resigned
GEREZGIHAR, Yemane
director · ~44y · appointed 2016-02-24 · resigned 2017-02-24
Resigned

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

Recent filings (39 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-03-17
appoint-person-director-company-with-name-date
officers · AP01
2023-03-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-03-17
termination-director-company-with-name-termination-date
officers · TM01
2023-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-11-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-29