QUALITY ASBESTOS SERVICES LIMITED

🌳Matureactive
SC317384 · ltd · incorporated 2007-02-27
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 18.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 39000
Sector: Water supply & waste
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 68). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 18.2y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 18.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 5 with DOB)
81
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
71 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
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£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 employees16001500

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
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2025-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-02-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-02-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2023-02-28
    📄
    change-to-a-person-with-significant-control-without-name-date
    persons-with-significant-control · PSC04
  7. 2023-02-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-02-28
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  9. 2023-02-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2023-02-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2023-02-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2023-02-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2022-10-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-11-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2021-11-23
    🔓
    Charge satisfied #1
  17. 2020-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2016-02-27
    ➖
    EARLEY, Christopher Wayne resigned
    director
  20. 2016-02-16
    🔒
    Charge registered #2
    Lender: Ultimate Invoice Finance Limited
  21. 2015-11-06
    ➕
    STUART, Norman Leslie appointed
    director
  22. 2014-12-01
    ➕
    EARLEY, Christopher Wayne appointed
    director
  23. 2010-10-13
    ➖
    BOWIE, David resigned
    director
  24. 2010-08-18
    ➕
    STEVENSON, George Keith Ross Gray appointed
    director
  25. 2008-03-14
    🔒
    Charge registered #1
    Lender: Cattles Invoice Finance Limited
  26. 2007-02-27
    🏢
    Company incorporated
    As QUALITY ASBESTOS SERVICES LIMITED
  27. 2007-02-27
    ➕
    STEVENSON, Yvonne appointed
    secretary
  28. 2007-02-27
    ➕
    STEVENSON, Yvonne appointed
    director
  29. 2007-02-27
    ➕
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-secretary
  30. 2007-02-27
    ➖
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-secretary
  31. 2007-02-27
    ➕
    BOWIE, David appointed
    director
  32. 2007-02-27
    ➕
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-director
  33. 2007-02-27
    ➖
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-director
  34. 2007-02-27
    ➕
    PETER TRAINER CORPORATE SERVICES LTD. appointed
    corporate-nominee-director
  35. 2007-02-27
    ➖
    PETER TRAINER CORPORATE SERVICES LTD. resigned
    corporate-nominee-director

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

73/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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
Yvonne Stevenson
Individual · British · DOB 09/1959 · age 67
25–50%
25–50%25-50% shares · 25-50% voting20/02/2023
Mr George Keith Ross Gray Stevenson
Individual · British · DOB 06/1958 · age 68
25–50%
25–50%25-50% shares · 25-50% voting01/02/2017

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 · DD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
D J LAING RECYCLING SOLUTIONS LIMITED→
SC398953 · est 2011
———015y8279y
DENFIND STONE LIMITED→
SC268906 · est 2004
——£897.0k—21y8258y
PANMURE ENERGY LIMITED→
SC165231 · est 1996
———20030y8274y
GRAY COMPOSTING SERVICES LIMITED→
SC289042 · est 2005
———80020y8071y
HENDERSTON RENEWABLES LIMITED→
SC512310 · est 2015
———40010y8077y
KILMAC ENERGY (FINAVON) LIMITED→
SC519682 · est 2015
———010y8058y
RAMSAY'S TRANSPORT LIMITED→
SC222695 · est 2001
——£5.81M—24y8063y
A & G ENERGY (FORFAR) LIMITED→
SC449141 · est 2013
———213y7982y
CASCADE WATER PRODUCTS LIMITED→
SC515736 · est 2015
——£108.8k—10y7970y
EXPLORER HEAT LIMITED→
SC487316 · est 2014 · no financials extracted
————11y7968y
FARAWAY FIELDS LIMITED→
SC428333 · est 2012
———20013y7975y
JSF WIND ENERGY LIMITED→
SC458564 · est 2013
———012y7977y
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
Incorporated2007-02-27
Jurisdictionscotland
Primary SIC39000 — SIC 39000

Registered office

11 Dudhope Terrace
Dundee
DD3 6TS
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-13
Last: 2026-02-27

Officers (4 active · 5 resigned)

STEVENSON, Yvonne→
secretary · appointed 2007-02-27
View their other companies + combined net worth →
Active
STEVENSON, George Keith Ross Gray→
director · ~68y · appointed 2010-08-18
View their other companies + combined net worth →
Active
STEVENSON, Yvonne→
director · ~67y · appointed 2007-02-27
View their other companies + combined net worth →
Active
STUART, Norman Leslie→
director · ~64y · appointed 2015-11-06
View their other companies + combined net worth →
Active
PETER TRAINER COMPANY SECRETARIES LTD.→
corporate-nominee-secretary · appointed 2007-02-27 · resigned 2007-02-27
Resigned
BOWIE, David→
director · ~64y · appointed 2007-02-27 · resigned 2010-10-13
Resigned
EARLEY, Christopher Wayne→
director · ~70y · appointed 2014-12-01 · resigned 2016-02-27
Resigned
PETER TRAINER COMPANY SECRETARIES LTD.→
corporate-nominee-director · appointed 2007-02-27 · resigned 2007-02-27
Resigned
PETER TRAINER CORPORATE SERVICES LTD.→
corporate-nominee-director · appointed 2007-02-27 · resigned 2007-02-27
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Ultimate Invoice Finance
Ultimate Invoice Finance Limited
A registered charge8 properties16/02/2016—
satisfied
Cattles Invoice Finance
Cattles Invoice Finance Limited
Floating charge1 property14/03/200823/11/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (71 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-02-28
change-to-a-person-with-significant-control-without-name-date
persons-with-significant-control · PSC04
2023-02-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-28
change-person-secretary-company-with-change-date
officers · CH03
2023-02-28
change-person-director-company-with-change-date
officers · CH01
2023-02-28
change-person-director-company-with-change-date
officers · CH01
2023-02-28
change-person-director-company-with-change-date
officers · CH01
2023-02-28