ANCALA WATER SERVICES BIDCO LIMITED

📉Decliningactive
11057296 · ltd · incorporated 2017-11-09
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
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "declining"
🔒Estimated value
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Turnover
£50.0k
year to Mar 2025
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Special-situation opportunity
Distressed other with salvageable qualities — special-situations priority.

Opportunity 73/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 8.2y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 8.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 7 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
24 connected companies via shared directors
90
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £4,465,000
Turnover YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Turnover£50.0k£50.0k
Gross profit£50.0k£50.0k
Operating profit£43.0k£30.0k
Profit before tax£4.46M£15.08M
Average employees00

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2025-11-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-09-04
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  3. 2025-09-04
    📄
    legacy
    capital · SH20
  4. 2025-09-04
    ⚠️
    legacy
    insolvency · CAP-SS
  5. 2025-09-04
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2024-12-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2023-12-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2023-10-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2023-10-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2023-09-28
    🔒
    Charge registered #4
    Lender: Aib Group (UK) PLC
  11. 2023-09-28
    🔒
    Charge registered #3
    Lender: Aib Group (UK) PLC
  12. 2023-08-14
    STATELOVA, Sandra resigned
    director
  13. 2023-08-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2022-08-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2022-06-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2022-06-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2022-05-19
    PAPAIACOVOU, Michael resigned
    director
  18. 2022-05-19
    STATELOVA, Sandra appointed
    director
  19. 2022-01-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2021-08-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2021-03-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  22. 2020-10-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  23. 2020-06-02
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  24. 2020-05-31
    TREANOR, Laura resigned
    secretary
  25. 2019-04-04
    HOUGH, Ashley Patrick Roderick appointed
    director
  26. 2019-03-12
    TREANOR, Laura appointed
    secretary
  27. 2019-01-17
    BACON, Daniel Imbroinisi resigned
    director
  28. 2019-01-17
    PAPAIACOVOU, Michael appointed
    director
  29. 2018-11-02
    HERRIOTT, Charles William Grant resigned
    director
  30. 2018-04-09
    OWENS, David William appointed
    director
  31. 2018-04-09
    HERRIOTT, Charles William Grant appointed
    director
  32. 2018-03-15
    🔒
    Charge registered #2
    Lender: Aib Group (UK) PLC (as Security Agent)
  33. 2018-03-15
    🔒
    Charge registered #1
    Lender: Aib Group (UK) PLC (as Security Agent)
  34. 2017-11-09
    🏢
    Company incorporated
    As ANCALA WATER SERVICES BIDCO LIMITED
  35. 2017-11-09
    CLUNIE, Spence Matthew appointed
    director
  36. 2017-11-09
    BACON, Daniel Imbroinisi appointed
    director

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • +Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.

Red flags

1 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-09-04: legacy

Group structure

Ancala Water Services Holdco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Ancala Water Services Holdco Limited
Corporate parent · holds 75-100% shares
ultimate parent
ANCALA WATER SERVICES BIDCO LIMITED
This company · 11057296

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ancala Water Services Holdco Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting09/11/2017

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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2017-11-09
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

Unit 1b Redbrook Business Park
Wilthorpe Road
Barnsley
South Yorkshire
S75 1JN
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-20
Last: 2025-11-06

Officers (3 active · 5 resigned)

CLUNIE, Spence Matthew
director · ~54y · appointed 2017-11-09
View their other companies + combined net worth →
Active
HOUGH, Ashley Patrick Roderick
director · ~43y · appointed 2019-04-04
View their other companies + combined net worth →
Active
OWENS, David William
director · ~74y · appointed 2018-04-09
View their other companies + combined net worth →
Active
TREANOR, Laura
secretary · appointed 2019-03-12 · resigned 2020-05-31
Resigned
BACON, Daniel Imbroinisi
director · ~36y · appointed 2017-11-09 · resigned 2019-01-17
Resigned
HERRIOTT, Charles William Grant
director · ~40y · appointed 2018-04-09 · resigned 2018-11-02
Resigned
PAPAIACOVOU, Michael
director · ~38y · appointed 2019-01-17 · resigned 2022-05-19
Resigned
STATELOVA, Sandra
director · ~36y · appointed 2022-05-19 · resigned 2023-08-14
Resigned

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

Mortgages & charges

4
Total charges
4
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Aib Group (UK)
Aib Group (UK) PLC
A registered charge28/09/2023
outstanding
Aib Group (UK)
Aib Group (UK) PLC
A registered charge28/09/2023
outstanding
Aib Group (UK) (as Security Agent)
Aib Group (UK) PLC (as Security Agent)
A registered charge15/03/2018
outstanding
Aib Group (UK) (as Security Agent)
Aib Group (UK) PLC (as Security Agent)
A registered charge15/03/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (42 total)

accounts-with-accounts-type-full
accounts · AA
2025-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-10
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-09-04
legacy
capital · SH20
2025-09-04
legacy
insolvency · CAP-SS
2025-09-04
resolution
resolution · RESOLUTIONS
2025-09-04
accounts-with-accounts-type-full
accounts · AA
2024-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-11
accounts-with-accounts-type-full
accounts · AA
2023-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-02
termination-director-company-with-name-termination-date
officers · TM01
2023-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-18
accounts-with-accounts-type-full
accounts · AA
2022-08-26