HYDROSTATIC TESTING PIPELINE SERVICES LTD
🏛️Establishedactive
10512945 · ltd · incorporated 2016-12-06
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£202.1k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: SIC 36000
Sector: Water supply & waste
ALSO REGISTERED FOR
- 43999Other specialised construction activities n.e.c.
- 72190Other research and experimental development on natural sciences and engineering
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 71/100 (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 (72/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £202,062
Key financials
1 year extracted from filed iXBRL accountsCash
£12k
Net Worth
£202k
Current Assets
£183k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 |
|---|---|
| Total assets | £235.4k |
| Current assets | £183.1k |
| Cash | £12.2k |
| Debtors | £170.9k |
| Net assets | £202.1k |
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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2025-11-26📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2025-08-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-07-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-01-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-01-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-12-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-01➕DAVIES, Daniel Edward appointeddirector
- 2021-02-05📄capital-return-purchase-own-sharescapital · SH03
- 2021-01-19➖NORRIS, Andrew Paul resigneddirector
- 2021-01-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-07-09📄change-person-director-company-with-change-dateofficers · CH01
- 2020-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-08-15📄resolutionresolution · RESOLUTIONS
- 2019-08-14📄capital-name-of-class-of-sharescapital · SH08
- 2019-08-14📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2017-08-02➖WILLIAMS, Rhys Morgan resigneddirector
- 2016-12-06🏢Company incorporatedAs HYDROSTATIC TESTING PIPELINE SERVICES LTD
- 2016-12-06➕CHRISTOPHER, Thomas appointeddirector
- 2016-12-06➕NORRIS, Andrew Paul appointeddirector
- 2016-12-06➕WILLIAMS, Rhys Morgan appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome 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 signalLimited 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
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 Daniel Edward Davies Individual · Welsh · DOB 02/1989 · age 37 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/11/2021 |
Mr Thomas Christopher Individual · British · DOB 01/1990 · age 36 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/12/2016 |
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| FANTASTIC PLASTICS RECYCLING LTD→ 16692033 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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| FUTURE UPVC LTD→ 14683937 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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| GRID ENGINEERING SERVICES LIMITED→ 16494407 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HGS (NW) LTD→ 10382120 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| HOMELAND ELECTRICAL SERVICES LTD→ 12700662 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| INDUSTRIAL WASTEWATER SERVICES LTD→ 13532721 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| J H WILLIS & SON WASTE MANAGEMENT LTD→ 16234110 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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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
Incorporated2016-12-06
Jurisdictionengland-wales
Primary SIC36000 — SIC 36000
Registered office
73 Bye Pass Road
Tarvin
Chester
Cheshire
CH3 8EF
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-26
Last: 2026-01-12
Officers (2 active · 2 resigned)
CHRISTOPHER, Thomas→
Activedirector · ~36y · appointed 2016-12-06
View their other companies + combined net worth →
DAVIES, Daniel Edward→
Activedirector · ~37y · appointed 2021-11-01
View their other companies + combined net worth →
NORRIS, Andrew Paul→
Resigneddirector · ~67y · appointed 2016-12-06 · resigned 2021-01-19
WILLIAMS, Rhys Morgan→
Resigneddirector · ~47y · appointed 2016-12-06 · resigned 2017-08-02
Click a director name to see their full track record across all companies.
Recent filings (36 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-06
change-account-reference-date-company-current-extended
accounts · AA01
2025-11-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-01-25
appoint-person-director-company-with-name-date
officers · AP01
2022-01-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-01-25
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-25
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-10