ASPECT DRAINAGE SOLUTIONS LTD

⚰️Wound downliquidation
15902335 · ltd · incorporated 2024-08-16
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
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Turnover
year to Aug 2025
Net worth
£103
book net assets
Opportunity
37/100
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What this business does
Primary activity: SIC 37000
Sector: Water supply & waste
Investor take
Special-situation opportunity
Distressed energy with salvageable qualities — special-situations priority.

Opportunity 37/100 (watch), bankability 30/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (72/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
37/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
31
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £103

Key financials

1 year extracted from filed iXBRL accounts
Cash
£8k
Net Worth
£103
Current Assets
£15k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-31
Total assets£2.9k
Current assets£15.1k
Cash£7.5k
Debtors£7.6k
Net assets£103

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
4
filings
  • 2 insolvency
  • 1 address
  • 1 resolution
Last 180 days
5
filings
  • 2 insolvency
  • 1 address
  • 1 resolution
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2026-04-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-04-15
    ⚠️
    liquidation-voluntary-appointment-of-liquidator
    insolvency · 600
  3. 2026-04-15
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2026-04-15
    ⚠️
    liquidation-voluntary-statement-of-affairs
    insolvency · LIQ02
  5. 2026-02-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2025-01-24
    FALCO, Dominic Claude appointed
    director
  7. 2025-01-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2025-01-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-01-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2024-08-16
    🏢
    Company incorporated
    As ASPECT DRAINAGE SOLUTIONS LTD
  11. 2024-08-16
    LITWINSKI, Luke James appointed
    director
  12. 2024-08-16
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +Young company: Only 1.8 years old — management layer unlikely to be developed.

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

3 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-02-07

Company in liquidation
high

Company is actively being wound up. Not a going concern.

2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-04-15: liquidation-voluntary-appointment-of-liquidator; 2026-04-15: liquidation-voluntary-statement-of-affairs

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Dominic Claude Falco
Individual · British · DOB 11/1992 · age 34
5075%
50–75%50-75% shares · 50-75% voting24/01/2025
Mr Luke James Litwinski
Individual · British · DOB 06/1978 · age 48
5075%
50–75%board control50-75% shares · 50-75% voting · board control16/08/2024

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

11 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.

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Company details

Statusliquidation
Typeltd
Incorporated2024-08-16
Jurisdictionengland-wales
Primary SIC37000 — SIC 37000

Registered office

7 Smithford Walk
Prescot
Liverpool
L35 1SF

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-02-07OVERDUE
Last: 2025-01-24

Officers (2 active · 0 resigned)

FALCO, Dominic Claude
director · ~34y · appointed 2025-01-24
View their other companies + combined net worth →
Active
LITWINSKI, Luke James
director · ~48y · appointed 2024-08-16
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-15
liquidation-voluntary-appointment-of-liquidator
insolvency · 600
2026-04-15
resolution
resolution · RESOLUTIONS
2026-04-15
liquidation-voluntary-statement-of-affairs
insolvency · LIQ02
2026-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-24
appoint-person-director-company-with-name-date
officers · AP01
2025-01-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-24
incorporation-company
incorporation · NEWINC
2024-08-16