1ST ASBESTOS SURVEY KENDAL LTD

🏛️Establishedactive
11325841 · ltd · incorporated 2018-04-24
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 Aug 2025
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: SIC 38220
Sector: Water supply & waste
ALSO REGISTERED FOR
  • 39000SIC 39000
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (80/100)

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

Company profile
address, 2 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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
85
Few red 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£9k£18k£27k£37k£46kAug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-08-312024-08-31
Total assets£38.3k
Current assets£45.6k
Cash£36.1k
Debtors£9.6k
Net assets£38.0k
Average employees100

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 (13 events)Click to expand
  1. 2025-11-01
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-10-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-10-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-11-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-11-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-10-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-10-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-10-17
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2018-04-24
    🏢
    Company incorporated
    As 1ST ASBESTOS SURVEY KENDAL LTD
  11. 2018-04-24
    BOWMAN, George Martin appointed
    director
  12. 2018-04-24
    WEARING, Trevor appointed
    director
  13. 2018-04-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

78/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr George Martin Bowman
Individual · British · DOB 07/1960 · age 66
5075%
50–75%board control50-75% shares · 50-75% voting · board control24/04/2018

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

7 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
Incorporated2018-04-24
Jurisdictionengland-wales
Primary SIC38220 — SIC 38220

Registered office

Railway Sidings Stockbeck
Longpool
Kendal
Cumbria
LA9 6HP
England

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-05-07
Last: 2025-04-23

Officers (2 active · 0 resigned)

BOWMAN, George Martin
director · ~66y · appointed 2018-04-24
View their other companies + combined net worth →
Active
WEARING, Trevor
director · ~64y · appointed 2018-04-24
View their other companies + combined net worth →
Active

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

Recent filings (17 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-24
confirmation-statement-with-updates
confirmation-statement · CS01
2019-04-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-10-22