WATERTRAIN LIMITED

🌳Matureactive

06401993 · ltd · incorporated 2007-10-17

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.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 4.0y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

£2.30M

year to Apr 2025

Net worth

—

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Technical and vocational secondary education

Sector: Education

Investor take

Pursue

Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 4.0y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Charge age ~4.0 years — mid-life; refi window approaching.
· Two lenders — manageable, but coordination required.
· Legal-friction score 38/100 — workable, but lender will want more DD.
· Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: medium (76/100)

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

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

16 officers (6 active, 16 linked, 14 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

28 connected companies via shared directors

Filing history

102 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Profitable

Profit before tax £360,950

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-04-06
Turnover	£2.30M
Gross profit	£764.4k
Profit before tax	£360.9k
Average employees	2700

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (50 events)Click to expand

2025-09-03
📄
accounts-with-accounts-type-small
accounts · AA
2025-04-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-04-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-04-01
➕
HERLIHY, Francis appointed
director
2025-03-31
➖
DRAPER, Abigail Sarah resigned
director
2024-12-18
📄
accounts-with-accounts-type-small
accounts · AA
2024-11-05
📄
change-person-director-company-with-change-date
officers · CH01
2024-09-15
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-06
🔒
Charge registered #2
Lender: Ares Management Limited as Security Trustee for the Secured Parties
2024-03-03
📄
accounts-with-accounts-type-small
accounts · AA
2024-02-29
📄
change-person-director-company-with-change-date
officers · CH01
2024-01-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-01-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-31
➖
BARTLETT, Paul Kevin resigned
director
2023-12-31
➖
DAVIES, Neil Cranstoun resigned
director
2023-12-01
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-12-01
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-12-05
📄
capital-name-of-class-of-shares
capital · SH08
2022-12-05
📄
capital-variation-of-rights-attached-to-shares
capital · SH10
2022-07-22
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-07-22
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-07-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-07
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-06-13
📄
resolution
resolution · RESOLUTIONS
2022-06-13
📄
memorandum-articles
incorporation · MA
2022-06-01
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-05-31
🔒
Charge registered #1
Lender: Ares Management Limited (As Security Agent for the Secured Parties (as Defined in the Instrument))
2022-05-04
➕
EVANS, Sally appointed
secretary
2022-05-04
➕
ROWE, Thomas James Wharton appointed
director
2022-05-04
➕
RYDER, Alasdair Alan appointed
director
2022-05-04
➕
YOUNG, Gary Donald appointed
director
2022-05-04
➕
DRAPER, Abigail Sarah appointed
director
2019-11-26
➖
SARATH, Hazel Anne resigned
director
2018-06-26
➕
BOOTH, Keri Joy Kathleen appointed
director
2018-06-26
➕
SARATH, Hazel Anne appointed
director
2013-12-23
➖
FITZGERALD, Ian Keith resigned
director
2013-12-23
➖
ROBERTS, Andrew John resigned
director
2012-07-19
➖
OXTOBY, Robert, Dr resigned
director
2012-07-19
➕
ROBERTS, Andrew John appointed
director
2010-04-06
➕
FITZGERALD, Ian Keith appointed
director
2010-04-06
➕
OXTOBY, Robert, Dr appointed
director
2010-02-06
➕
BARTLETT, Paul Kevin appointed
director
2009-12-03
➖
EDWARDS, David Simon Matthew resigned
secretary
2009-12-02
➖
TUNICLIFF, Ian Philip resigned
director
2009-02-10
➖
SMITH, David Neil resigned
director
2008-12-10
➕
SMITH, David Neil appointed
director
2008-12-10
➕
TUNICLIFF, Ian Philip appointed
director
2007-10-17
🏢
Company incorporated
As WATERTRAIN LIMITED
2007-10-17
➕
EDWARDS, David Simon Matthew appointed
secretary
2007-10-17
➕
DAVIES, Neil Cranstoun appointed
director

Owner dependency

55/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

50/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Rsk Environment Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Rsk Environment Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

WATERTRAIN LIMITED

This company · 06401993

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Rsk Environment Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	04/05/2022

2 historic (ceased) PSCs

Watertrain Acquisitions Limitedceased 20/11/2023· 25-50% shares · 25-50% voting
Mr Neil Cranstoun Daviesceased 04/05/2022· 25-50% shares · 25-50% voting · board control · firm interest

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 · Education & training · WA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
3RS TUITION (SANKEY) LTD→ 13677742 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
AAL DEVELOPMENT & CONSULTANCY LTD→ 09071736 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
ABACUS DAY NURSERIES LTD→ 09283886 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
ACACIA LEARNING LIMITED→ 06215722 · est 2007 · no financials extracted	—	—	—	—	19y	—	—
ACCELERATED DIGITAL DELIVERY LTD→ 11213078 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
ACORN COMMUNITY NURSERY→ 03978603 · est 2000 · no financials extracted	—	—	—	—	25y	—	—
ACTIV ENGAGEMENT & EDUCATION C.I.C.→ 12266811 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
AESTHETICS ONE - SMP-INK LTD→ 16547560 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AESTHETICS TRAINING PRO LTD→ 12198077 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
AGE FRIENDLY CULTURE CIC→ 16592819 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AIM 4 HOPE CIC→ 14041764 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
AJP CHILDCARE LIMITED→ 06001613 · est 2006 · no financials extracted	—	—	—	—	19y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2007-10-17

Jurisdictionengland-wales

Primary SIC85320 — Technical and vocational secondary education

Registered office

Suite A4, Chadwick House

Birchwood Park

Warrington

WA3 6AE

United Kingdom

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-04-06

Confirmation statement

Next due: 2027-04-10

Last: 2026-03-27