AAQUATICS LIMITED
🏛️Establishedactive
11981181 · ltd · incorporated 2019-05-07
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 May 2025
Net worth
£-22.9k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Sports and recreation education
Sector: Education
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
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 (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £22,935
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£23k
↓ 71% YoY
Current Assets
£74k
↑ 5.3% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £73.3k | £70.1k |
| Current assets | £73.8k | £70.1k |
| Net assets | £-22.9k | £-13.4k |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
- 2026-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-07-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-07-02➖COWELL, Amy Rebecca resigneddirector
- 2022-06-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-08-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-05-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-05-07🏢Company incorporatedAs AAQUATICS LIMITED
- 2019-05-07➕BARNICOAT, Jonathan David appointeddirector
- 2019-05-07➕COWELL, Adam William David appointeddirector
- 2019-05-07➕COWELL, Amy Rebecca appointeddirector
- 2019-05-07📄incorporation-companyincorporation · NEWINC
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
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 |
|---|---|---|---|---|
Mr Jonathan David Barnicoat Individual · British · DOB 05/1995 · age 31 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 07/05/2019 |
Mr Adam William David Cowell Individual · British · DOB 11/1994 · age 32 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 07/05/2019 |
1 historic (ceased) PSC
- Ms Amy Rebecca Cowellceased 02/07/2022· 25-50% shares · 25-50% voting
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 →Similar companies
Active · Education & training · N postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1ST 2 YOU SERVICES LTD→ 10507145 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 3D KENSINGTON LTD→ 09426694 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| 4LIFE SCHOOL OF FINANCE LTD→ 15276700 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| 7 EE SERVICES LTD→ 15535859 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 8 SUMMITS LTD.→ 16245174 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 99ASSISTS LTD→ 14896088 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A CLASS BEAUTY LTD→ 13523133 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| AB NURSERIES LIMITED→ 04568946 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ABC LEARNING CENTRE LTD→ 14983006 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ABDIKHALIF TUTORS LIMITED→ 16690172 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABERDEEN PARK NURSERY→ 05632588 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ABLESIGN COMMUNICATION LTD→ 17117213 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2019-05-07
Jurisdictionengland-wales
Primary SIC85510 — Sports and recreation education
Registered office
303 Bury Street West
London
N9 9JN
England
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-07-18
Last: 2025-07-04
Officers (2 active · 1 resigned)
BARNICOAT, Jonathan David→
Activedirector · ~31y · appointed 2019-05-07
View their other companies + combined net worth →
COWELL, Adam William David→
Activedirector · ~32y · appointed 2019-05-07
View their other companies + combined net worth →
COWELL, Amy Rebecca→
Resigneddirector · ~36y · appointed 2019-05-07 · resigned 2022-07-02
Click a director name to see their full track record across all companies.
Recent filings (18 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-09
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-04
termination-director-company-with-name-termination-date
officers · TM01
2022-07-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-12-29
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-01
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-16