AQUA RECRUITING LTD

💤Zombieactive
11556445 · ltd · incorporated 2018-09-06
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 Sept 2023
Net worth
book net assets
Opportunity
53/100
Worth a look
🔔
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What this business does
Primary activity: Temporary employment agency activities
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 53/100 (worth a look), bankability 45/100. 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). Current lenders should be on monthly review.

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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
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£0Sept 2022Sept 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2023-09-302022-09-30

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

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-03-31
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-10-14
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  3. 2025-08-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-03-30
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2024-03-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2024-03-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2024-03-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2023-09-19
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2023-08-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2023-06-06
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2023-06-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2023-05-16
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  13. 2023-04-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2022-11-08
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2022-10-11
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  16. 2022-08-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  17. 2021-06-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2020-06-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2018-11-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2018-09-06
    🏢
    Company incorporated
    As AQUA RECRUITING LTD
  21. 2018-09-06
    HUSSAIN, Akhtar appointed
    director

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

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

2 high ·
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: 2025-06-30

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-09-19

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Akhtar Hussain
Individual · British · DOB 07/1990 · age 36
5075%
50–75%board control50-75% shares · 50-75% voting · board control06/09/2018

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2018-09-06
Jurisdictionengland-wales
Primary SIC78200 — Temporary employment agency activities

Registered office

Fearnley Mill
Old Lane
Halifax
HX3 5WP
England

Filing status

Accounts
Next due: 2025-06-30OVERDUE
Last made up to: 2023-09-30
Confirmation statement
Next due: 2025-09-19OVERDUE
Last: 2024-09-05

Officers (1 active · 0 resigned)

HUSSAIN, Akhtar
director · ~36y · appointed 2018-09-06
View their other companies + combined net worth →
Active

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

Recent filings (27 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-31
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-10-14
gazette-notice-compulsory
gazette · GAZ1
2025-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-22
gazette-filings-brought-up-to-date
gazette · DISS40
2024-03-30
accounts-with-accounts-type-dormant
accounts · AA
2024-03-27
accounts-with-accounts-type-dormant
accounts · AA
2024-03-27
gazette-notice-compulsory
gazette · GAZ1
2024-03-19
gazette-filings-brought-up-to-date
gazette · DISS40
2023-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-18
gazette-notice-compulsory
gazette · GAZ1
2023-08-29
gazette-filings-brought-up-to-date
gazette · DISS40
2023-06-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-05
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-05-16
gazette-notice-compulsory
gazette · GAZ1
2023-04-04