AQUASMITH FIRE SPRINKLERS LTD

🌿Early-stageactive
13896862 · ltd · incorporated 2022-02-07
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: SIC 84250
Sector: Public administration
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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.

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
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
20 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
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees2100

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
5
filings
  • 2 officers
  • 2 persons-with-significant-control
  • 1 confirmation-statement
Last 180 days
5
filings
  • 2 officers
  • 2 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-04-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-04-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2026-04-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2026-04-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-09-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-10-09
    ASQUITH, Luke Thomas appointed
    director
  7. 2024-10-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2024-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-11-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-06-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2023-04-20
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  12. 2023-03-28
    📄
    capital-allotment-shares
    capital · SH01
  13. 2023-02-09
    ASQUITH, Luke Thomas resigned
    director
  14. 2023-02-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2023-02-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2023-02-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2023-02-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2023-02-06
    SMITH, Matthew Reece appointed
    director
  19. 2023-02-06
    ASQUITH, Luke Thomas appointed
    director
  20. 2023-02-06
    SMITH, Nathan Daniel resigned
    director
  21. 2022-02-07
    🏢
    Company incorporated
    As AQUASMITH FIRE SPRINKLERS LTD
  22. 2022-02-07
    SMITH, Nathan Daniel appointed
    director
  23. 2022-02-07
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "SMITH" — strong identity link between founder and business.

Succession & seller-readiness

36/100
Weak signal

Limited 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Luke Thomas Asquith
Individual · British · DOB 12/1997 · age 29
2550%
25–50%25-50% shares · 25-50% voting07/02/2022
Matthew Reece Smith
Individual · British · DOB 09/1993 · age 33
2550%
25–50%25-50% shares · 25-50% voting07/02/2022
1 historic (ceased) PSC
  • Nathan Daniel Smithceased 06/02/2023· 25-50% shares · 25-50% voting

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 →
🔒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
Incorporated2022-02-07
Jurisdictionengland-wales
Primary SIC84250 — SIC 84250

Registered office

1 Victoria Court, Bank Square
Morley
Leeds
West Yorkshire
LS27 9SE
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-20
Last: 2026-02-06

Officers (2 active · 2 resigned)

ASQUITH, Luke Thomas
director · ~29y · appointed 2024-10-09
View their other companies + combined net worth →
Active
SMITH, Matthew Reece
director · ~33y · appointed 2023-02-06
View their other companies + combined net worth →
Active
ASQUITH, Luke Thomas
director · ~29y · appointed 2023-02-06 · resigned 2023-02-09
Resigned
SMITH, Nathan Daniel
director · ~31y · appointed 2022-02-07 · resigned 2023-02-06
Resigned

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

Recent filings (20 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-13
change-person-director-company-with-change-date
officers · CH01
2026-04-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-09
change-person-director-company-with-change-date
officers · CH01
2026-04-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-18
appoint-person-director-company-with-name-date
officers · AP01
2024-10-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-06
termination-director-company-with-name-termination-date
officers · TM01
2023-06-28
change-account-reference-date-company-previous-extended
accounts · AA01
2023-04-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-05
capital-allotment-shares
capital · SH01
2023-03-28