A SPEC ENVIRONMENTAL LTD
🏛️Establishedactive
10615340 · ltd · incorporated 2017-02-13
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 4.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 36000
Sector: Water supply & waste
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 4.9y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~4.9 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
32 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
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Average employees | -4300 | -3600 |
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
3
filings
- • 2 capital
- • 1 confirmation-statement
Last 180 days
3
filings
- • 2 capital
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-03-02📄capital-allotment-sharescapital · SH01
- 2026-02-26📄capital-allotment-sharescapital · SH01
- 2025-10-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-31🔓Charge satisfied #1
- 2025-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-02-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-02-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-02-10📄change-person-director-company-with-change-dateofficers · CH01
- 2022-06-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-06-17🔒Charge registered #1Lender: Marketfinance Limited
- 2021-02-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-01-28➕MARSHALL, Natasha appointeddirector
- 2020-07-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-06-20➖SWIFT, Alfie Jason resigneddirector
- 2020-06-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-02-13🏢Company incorporatedAs A SPEC ENVIRONMENTAL LTD
- 2017-02-13➕MARSHALL, Benjamin Colin appointeddirector
- 2017-02-13➕SWIFT, Alfie Jason appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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 |
|---|---|---|---|---|
Mrs Natasha Marshall Individual · British · DOB 02/1986 · age 40 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/03/2022 |
Mr Benjamin Colin Marshall Individual · British · DOB 12/1986 · age 40 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 13/02/2017 |
1 historic (ceased) PSC
- Mr Alfie Jason Swiftceased 01/07/2017· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Energy & utilities · GU postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 2LEE ENERGY LTD→ 16988573 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 3 COUNTIES WASTE REMOVAL LTD→ 13691457 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| A & K'S TRASH TO TREASURES LTD→ 16941563 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| A PLUS ASBESTOS LTD→ 12024208 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADJACENT POWER LIMITED→ 08012100 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| AIR CON ENVIRONMENTAL LIMITED→ 07072281 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| AIR-REF LIMITED→ 03511562 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| AIRCARESERVICESELECTRICAL LIMITED→ 10713883 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| AIRO SUPPLY LIMITED→ 16825304 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AIRSOURCE CLIMATE LTD→ 12709691 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| APOLLO COMMISSIONING SERVICES LTD→ 11644810 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AQUA-FLOW ENVIRONMENTAL LTD.→ 14882004 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2017-02-13
Jurisdictionengland-wales
Primary SIC36000 — SIC 36000
Registered office
Unit 8 Watchmoor Trade Centre
Watchmoor Road
Camberley
Surrey
GU15 3AJ
England
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-16
Last: 2026-02-02
Officers (2 active · 1 resigned)
MARSHALL, Benjamin Colin→
Activedirector · ~40y · appointed 2017-02-13
View their other companies + combined net worth →
MARSHALL, Natasha→
Activedirector · ~40y · appointed 2021-01-28
View their other companies + combined net worth →
SWIFT, Alfie Jason→
Resigneddirector · ~35y · appointed 2017-02-13 · resigned 2020-06-20
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Marketfinance Marketfinance Limited | A registered charge | — | 17/06/2021 | 31/10/2025 |
Recent filings (32 total)
capital-allotment-shares
capital · SH01
2026-03-02
capital-allotment-shares
capital · SH01
2026-02-26
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-07
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-15
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-02-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-10
change-person-director-company-with-change-date
officers · CH01
2023-02-10