BLACK COUNTRY ASBESTOS CONTRACTS LIMITED

🌳Matureactive
10129060 · ltd · incorporated 2016-04-18
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£37.5k
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: SIC 38120
Sector: Water supply & waste
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (79/100)

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 (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
77
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 £37,480
Cash YoY
+42%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£40k
↑ 42% YoY
Net Worth
£37k
↑ 31396% YoY
Current Assets
£77k
↓ 19% YoY
Current Liabilities
£0£19k£38k£57k£76k£95kMar 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£66.4k£32.8k
Current assets£76.7k£94.7k
Cash£39.7k£28.0k
Debtors£15.4k£24.8k
Net assets£37.5k£119

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
2
filings
  • 2 officers
Last 180 days
2
filings
  • 2 officers
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-05-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-05-20
    POWELL, Ryan, Mr. resigned
    director
  3. 2026-04-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-03-18
    GEORGE, Patrick resigned
    director
  5. 2025-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-07-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2023-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-11-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2022-10-25
    GEORGE, Patrick appointed
    director
  12. 2022-07-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  13. 2022-03-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2022-03-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2022-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2022-02-01
    BAYLISS, Neil Derek appointed
    director
  17. 2022-02-01
    REDFERN, Christopher Edward appointed
    director
  18. 2021-07-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2020-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-04-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2018-11-30
    📄
    resolution
    resolution · RESOLUTIONS
  22. 2016-04-18
    🏢
    Company incorporated
    As BLACK COUNTRY ASBESTOS CONTRACTS LIMITED
  23. 2016-04-18
    POWELL, Ryan, Mr. appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: GEORGE, Patrick resigned 2026-03-18; POWELL, Ryan, Mr. resigned 2026-05-20

Group structure

Powell Padilla Holdings Limited holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️
Powell Padilla Holdings Limited
Corporate parent · holds 50-75% shares · board control
majority
BLACK COUNTRY ASBESTOS CONTRACTS LIMITED
This company · 10129060

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Powell Padilla Holdings Limited
Corporate entity
5075%
50–75%board control50-75% shares · 50-75% voting · board control19/04/2016

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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15927123 · est 2024 · no financials extracted
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15884994 · est 2024 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2016-04-18
Jurisdictionengland-wales
Primary SIC38120 — SIC 38120

Registered office

Unit 11 Wedgbury Way Canal Side Industrial Estate
Brettle Lane
Brierley Hill
West Midlands
DY5 3JU
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-23
Last: 2025-08-09

Officers (2 active · 2 resigned)

BAYLISS, Neil Derek
director · ~49y · appointed 2022-02-01
View their other companies + combined net worth →
Active
REDFERN, Christopher Edward
director · ~49y · appointed 2022-02-01
View their other companies + combined net worth →
Active
GEORGE, Patrick
director · ~36y · appointed 2022-10-25 · resigned 2026-03-18
Resigned
POWELL, Ryan, Mr.
director · ~48y · appointed 2016-04-18 · resigned 2026-05-20
Resigned

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

Recent filings (30 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-05-22
termination-director-company-with-name-termination-date
officers · TM01
2026-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-04
change-person-director-company-with-change-date
officers · CH01
2023-07-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-22
appoint-person-director-company-with-name-date
officers · AP01
2022-11-11
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-07-22
appoint-person-director-company-with-name-date
officers · AP01
2022-03-31
appoint-person-director-company-with-name-date
officers · AP01
2022-03-31