APR DRAINAGE LTD
🌱Startupactive
16758977 · ltd · incorporated 2025-10-02
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
68/100
Strong
What this business does
Primary activity: SIC 37000
Sector: Water supply & waste
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 68/100 (strong), bankability 65/100. 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 (57/100)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
No iXBRL financials extracted
0
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 6 total, 6 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
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
77
Few red flags.
Signal strength
90
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
14
filings
- • 5 officers
- • 5 capital
- • 2 persons-with-significant-control
Last 180 days
22
filings
- • 10 persons-with-significant-control
- • 5 officers
- • 5 capital
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2026-03-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-23➖PHILLIPS, Mark James resigneddirector
- 2026-03-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-09📄resolutionresolution · RESOLUTIONS
- 2026-02-09📄memorandum-articlesincorporation · MA
- 2026-02-07📄capital-name-of-class-of-sharescapital · SH08
- 2026-02-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-02-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-02📄capital-allotment-sharescapital · SH01
- 2026-02-02📄capital-allotment-sharescapital · SH01
- 2026-02-02📄capital-allotment-sharescapital · SH01
- 2026-02-02📄capital-allotment-sharescapital · SH01
- 2026-01-27➕AARON, Philippa Eleanor appointeddirector
- 2026-01-27➕AARON, Richard James appointeddirector
- 2026-01-27➕PHILLIPS, Mark James appointeddirector
- 2026-01-23➖MERRIFIELD, Paul resigneddirector
- 2025-11-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-11-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-11-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-11-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-11-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-10-02🏢Company incorporatedAs APR DRAINAGE LTD
- 2025-10-02➕MERRIFIELD, Paul appointeddirector
- 2025-10-02📄incorporation-companyincorporation · NEWINC
Owner dependency
71/100
High — earn-out structure requiredMaterial 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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 0.6 years old — management layer unlikely to be developed.
Succession & seller-readiness
36/100
Weak signalLimited 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
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: MERRIFIELD, Paul resigned 2026-01-23; PHILLIPS, Mark James resigned 2026-03-23
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Philippa Eleanor Aaron Individual · British · DOB 10/1993 · age 33 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 07/11/2025 |
Mr Richard James Aaron Individual · British · DOB 10/1989 · age 37 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 05/11/2025 |
4 historic (ceased) PSCs
- Mr Paul Merrifieldceased 30/01/2026· 25-50% voting · board control
- Mrs Philippa Eleanor Aaronceased 05/11/2025· 25-50% shares · 25-50% voting · board control
- Mrs Philippa Eleanor Aaronceased 06/11/2025· 25-50% shares · 25-50% voting · board control
- Mr Paul Merrifieldceased 05/11/2025· 75-100% shares · 75-100% voting · board control
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 · Energy & utilities · BA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 8 MINUTE ENERGY LTD→ 14577260 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| A AND J WASTE SERVICES LTD→ 10644192 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| A.M.S. CLEANING SERVICES (SOUTH WEST) LTD→ 07971881 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| A4 ASBESTOS LIMITED→ 09012443 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| A4 ASBESTOS SERVICES LTD→ 16712242 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABSOLUTE SOLVENTS LIMITED→ 03942090 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| AJ SYSTEMS AND SERVICES LTD→ 10777078 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AJC DRAINAGE LTD→ 04542517 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| AKEMAN SOLAR PARK LIMITED→ 12349883 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ALEX HILL ELECTRICAL LIMITED→ 08021222 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| ALLER LANGPORT SOLAR PARK LIMITED→ 08651184 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ARK WASTE SOLUTIONS LTD→ 12361392 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2025-10-02
Jurisdictionengland-wales
Primary SIC37000 — SIC 37000
Registered office
17 Rustywell Park
Yeovil
BA20 2NA
England
Filing status
Accounts
Next due: 2027-07-02
Last made up to: —
Confirmation statement
Next due: 2026-10-15
Last: —
Officers (2 active · 2 resigned)
AARON, Philippa Eleanor→
Activedirector · ~33y · appointed 2026-01-27
View their other companies + combined net worth →
AARON, Richard James→
Activedirector · ~37y · appointed 2026-01-27
View their other companies + combined net worth →
MERRIFIELD, Paul→
Resigneddirector · ~61y · appointed 2025-10-02 · resigned 2026-01-23
PHILLIPS, Mark James→
Resigneddirector · ~59y · appointed 2026-01-27 · resigned 2026-03-23
Click a director name to see their full track record across all companies.
Recent filings (23 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-03-24
appoint-person-director-company-with-name-date
officers · AP01
2026-03-19
resolution
resolution · RESOLUTIONS
2026-02-09
memorandum-articles
incorporation · MA
2026-02-09
capital-name-of-class-of-shares
capital · SH08
2026-02-07
termination-director-company-with-name-termination-date
officers · TM01
2026-02-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-03
appoint-person-director-company-with-name-date
officers · AP01
2026-02-03
appoint-person-director-company-with-name-date
officers · AP01
2026-02-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-02
capital-allotment-shares
capital · SH01
2026-02-02
capital-allotment-shares
capital · SH01
2026-02-02
capital-allotment-shares
capital · SH01
2026-02-02
capital-allotment-shares
capital · SH01
2026-02-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-11-07