ELITE WATER TREATMENT LTD
Opportunity 69/100 (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: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 100 | 100 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal 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
- • 1 confirmation-statement
Corporate timeline (9 events)Click to expand
- 2026-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-09-18✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2024-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-03-31🏢Company incorporatedAs ELITE WATER TREATMENT LTD
- 2020-03-31➕READING, Richard Mark appointeddirector
- 2020-03-31📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2025-09-18: certificate-change-of-name-company
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard Mark Reading Individual · British · DOB 10/1977 · age 49 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 31/03/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Energy & utilities · IP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FAIRPOWER LIMITED→ 07652675 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| GAPP FAMILY PROPERTIES LIMITED→ 16768472 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HAIL AIR CONDITIONING LTD→ 10140168 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| HALL FARM BARNS (DRINKSTONE) MANAGEMENT COMPANY LIMITED→ 07051772 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| HAMILTON MADDEN LTD→ 13322099 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| HJ SAXON PROPERTIES LTD→ 16891542 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HOLA SOLAR LTD→ 17079310 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ICON WASTE MANAGEMENT LTD→ 17130129 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| INDEPENDENT PIPELINES LIMITED→ 02828692 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| INTEC FUTURE SOLUTIONS LTD→ 12407798 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| IPSWICH UTILITIES LIMITED→ 09062920 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| J D DRAINAGE LTD→ 15389427 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.