HADENCROFT LTD

💤Zombieactive
11788444 · ltd · incorporated 2019-01-25
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
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Turnover
year to Jan 2025
Net worth
£39.9k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: SIC 38210
Sector: Water supply & waste
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £39,900

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£40k
Current Assets
Current Liabilities
£0£8k£16k£24k£32k£40kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£100
Net assets£39.9k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-01-29
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  2. 2025-02-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-10-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-01-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-01-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-11-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-11-07
    BARSHALL, James Peter resigned
    director
  9. 2022-11-07
    CHAN, Man Hong resigned
    director
  10. 2022-11-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2022-11-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2022-11-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2022-11-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2021-12-10
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  15. 2021-12-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2020-11-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2020-09-15
    📄
    capital-allotment-shares
    capital · SH01
  18. 2020-07-28
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2019-01-25
    🏢
    Company incorporated
    As HADENCROFT LTD
  20. 2019-01-25
    SAUNDERS, John Gerrard appointed
    director
  21. 2019-01-25
    BARSHALL, James Peter appointed
    director
  22. 2019-01-25
    CHAN, Man Hong appointed
    director
  23. 2019-01-25
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-01-29: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr John Gerrard Saunders
Individual · British · DOB 06/1971 · age 55
2550%
25-50% shares25/01/2019
2 historic (ceased) PSCs
  • Mr James Peter Barshallceased 07/11/2022· 25-50% shares
  • Mr Man Hong Chanceased 07/11/2022· 25-50% shares

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.

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Company details

Statusactive
Typeltd
Incorporated2019-01-25
Jurisdictionengland-wales
Primary SIC38210 — SIC 38210

Registered office

Eagle Lodge
St Huberts Lane
Gerrards Cross
SL9 7BP
England

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-19
Last: 2026-01-05

Officers (1 active · 2 resigned)

SAUNDERS, John Gerrard
director · ~55y · appointed 2019-01-25
View their other companies + combined net worth →
Active
BARSHALL, James Peter
director · ~61y · appointed 2019-01-25 · resigned 2022-11-07
Resigned
CHAN, Man Hong
director · ~55y · appointed 2019-01-25 · resigned 2022-11-07
Resigned

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

Recent filings (24 total)

certificate-change-of-name-company
change-of-name · CERTNM
2026-01-29
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-14
accounts-with-accounts-type-dormant
accounts · AA
2024-10-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-05
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-11-07
termination-director-company-with-name-termination-date
officers · TM01
2022-11-07
termination-director-company-with-name-termination-date
officers · TM01
2022-11-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-11-07