DARKWATER AQUATICS LTD

💤Zombieactive
10160897 · ltd · incorporated 2016-05-04
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 May 2024
Net worth
book net assets
Opportunity
63/100
Worth a look
🔔
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What this business does
Primary activity: SIC 01300
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 03220SIC 03220
  • 47230SIC 47230
  • 47760SIC 47760
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

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, 4 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
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
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
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0May 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-05-312023-05-31
Average employees0

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-01-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-11-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-04-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2024-04-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-12-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-12-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-03-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2022-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-02-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-12-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2017-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-05-10
    📄
    appoint-person-director-company-with-name
    officers · AP01
  16. 2017-05-04
    MCEWAN, Ian appointed
    director
  17. 2017-05-04
    VALAITIS, Peter Anthony resigned
    director
  18. 2016-05-04
    🏢
    Company incorporated
    As DARKWATER AQUATICS LTD
  19. 2016-05-04
    VALAITIS, Peter Anthony 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

1 high · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-02-28

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ian Mcewan
Individual · British · DOB 11/1979 · age 47
75100%
75–100%board control75-100% shares · 75-100% voting · board control04/05/2017

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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07182493 · est 2010 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2016-05-04
Jurisdictionengland-wales
Primary SIC01300 — SIC 01300

Registered office

61 61 Vicarage Lane
Featherstone.
Pontefract
West Yorkshire
WF7 5HA
United Kingdom

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-06-18
Last: 2025-06-04

Officers (1 active · 1 resigned)

MCEWAN, Ian
director · ~47y · appointed 2017-05-04
View their other companies + combined net worth →
Active
VALAITIS, Peter Anthony
director · ~76y · appointed 2016-05-04 · resigned 2017-05-04
Resigned

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

Recent filings (30 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-30
accounts-with-accounts-type-dormant
accounts · AA
2024-04-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-16
accounts-with-accounts-type-dormant
accounts · AA
2023-03-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-08