ALB WATERPROOFING LTD

💤Zombieactive
13065110 · ltd · incorporated 2020-12-06
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 Dec 2024
Net worth
book net assets
Opportunity
73/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Roofing activities
Sector: Construction
ALSO REGISTERED FOR
  • 82990Other business support service activities n.e.c.
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 80/100. 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).

🏦

Refinance opportunity

1 live charge · oldest 2.7y

10/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 2.7 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
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
6 connected companies via shared directors
63
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
100
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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2025-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-10-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-06-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-11-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2023-11-09
    🔒
    Charge registered #1
    Lender: Bjorn Laku
  7. 2023-09-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-01-04
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2022-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-12-06
    🏢
    Company incorporated
    As ALB WATERPROOFING LTD
  11. 2020-12-06
    BUSHI, Oliger appointed
    director
  12. 2020-12-06
    📄
    incorporation-company
    incorporation · NEWINC

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 6 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

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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Oliger Bushi
Individual · Albanian · DOB 02/1996 · age 30
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/12/2020

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 · Construction · AL postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ADI BUILDING SERVICES LTD
11029737 · est 2017 · no financials extracted
8y
ADL ELECTRICS LIMITED
15742125 · est 2024 · no financials extracted
1y
ADVANTAGE ITECH LTD
13990677 · est 2022 · no financials extracted
4y
AIRCON ELITE LIMITED
09889475 · est 2015 · no financials extracted
10y
AJB PROPERTY & LANDSCAPE IMPROVEMENTS LTD
16219274 · est 2025 · no financials extracted
1y
AKA STRUCTURES LIMITED
14954356 · est 2023 · no financials extracted
2y
ALAN J GARDNER GLAZING LIMITED
15832591 · est 2024 · no financials extracted
1y
ALAR CONSTRUCTION LTD
11807799 · est 2019 · no financials extracted
7y
ALBAN DECORATING LTD
12867559 · est 2020 · no financials extracted
5y
ALBAN DEVELOPMENTS LIMITED
00752953 · est 1963 · no financials extracted
63y
ALBAN MOULDINGS LTD
16761893 · est 2025 · no financials extracted
ALCHEMISE ESTATE CHARLIE LTD
15807757 · est 2024 · no financials extracted
1y
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
Incorporated2020-12-06
Jurisdictionengland-wales
Primary SIC43910 — Roofing activities

Registered office

Bridge House High Street
Redbourn
St. Albans
AL3 7LJ
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-19
Last: 2025-12-05

Officers (1 active · 0 resigned)

BUSHI, Oliger
director · ~30y · appointed 2020-12-06
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Bjorn Laku
A registered charge09/11/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (14 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-08
change-person-director-company-with-change-date
officers · CH01
2025-06-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-11-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-23
resolution
resolution · RESOLUTIONS
2023-01-04
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-18
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-05
incorporation-company
incorporation · NEWINC
2020-12-06