ABOVEWATER DAMP PROOFING LTD.

💤Zombieactive
14201447 · ltd · incorporated 2022-06-28
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 Jun 2024
Net worth
£1.8k
book net assets
Opportunity
61/100
Worth a look
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What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 61/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £1,849

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£2k
↑ 153% YoY
Current Assets
£7k
↑ 802% YoY
Current Liabilities
£0£1k£3k£4k£5k£7kJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-06-302023-06-30
Total assets£1.8k£732
Current assets£6.6k£732
Net assets£1.8k£732

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

🔒Filing-note intelligence

2 signals 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. 2025-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2023-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-03-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2022-07-27
    HITCHIN, Mark, Dr resigned
    director
  5. 2022-07-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2022-07-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2022-07-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2022-07-26
    STANLEY, Eddie appointed
    director
  9. 2022-07-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2022-06-28
    🏢
    Company incorporated
    As ABOVEWATER DAMP PROOFING LTD.
  11. 2022-06-28
    HITCHIN, Mark, Dr appointed
    director
  12. 2022-06-28
    📄
    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 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Eddie Stanley
Individual · British · DOB 02/1987 · age 39
sig. influencesignificant influence · trust interest · firm interest27/07/2022
1 historic (ceased) PSC
  • Dr Mark Hitchinceased 27/07/2022· 75-100% shares · 75-100% 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

10 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
Incorporated2022-06-28
Jurisdictionengland-wales
Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

124 City Road
London
EC1V 2NX

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-08-12
Last: 2025-07-29

Officers (1 active · 1 resigned)

STANLEY, Eddie
director · ~39y · appointed 2022-07-26
View their other companies + combined net worth →
Active
HITCHIN, Mark, Dr
director · ~70y · appointed 2022-06-28 · resigned 2022-07-27
Resigned

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

Recent filings (12 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-15
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-07-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-27
termination-director-company-with-name-termination-date
officers · TM01
2022-07-27
appoint-person-director-company-with-name-date
officers · AP01
2022-07-26
incorporation-company
incorporation · NEWINC
2022-06-28