EXCEL ENVIRONMENTAL SERVICES LTD.
- · Thesis: well-run, low negotiation leverage
Opportunity 82/100 (exceptional), bankability 85/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -66% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
1 live charge · oldest 4.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.3 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £217.0k | £267.4k |
| Current assets | £291.7k | £451.9k |
| Cash | £35.6k | £106.2k |
| Debtors | £252.1k | £342.6k |
| Net assets | £176.8k | £173.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (30 events)Click to expand
- 2025-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-06📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2025-02-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-02-12🔓Charge satisfied #1
- 2024-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-06-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-01📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2022-05-04📄capital-allotment-sharescapital · SH01
- 2022-02-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-02-11🔒Charge registered #1Lender: Lloyds Bank Commercial Finance LTD
- 2022-01-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-11-10➕WRIGHT, Laura appointeddirector
- 2021-11-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-11-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-11-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-11-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-10-19➖WRIGHT, Catherine resigneddirector
- 2020-10-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-01-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-10-01➖WRIGHT, Catherine resignedsecretary
- 2005-10-20🏢Company incorporatedAs EXCEL ENVIRONMENTAL SERVICES LTD.
- 2005-10-20➕WRIGHT, Iain appointeddirector
- 2005-10-20➕WRIGHT, Catherine appointedsecretary
- 2005-10-20➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2005-10-20➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2005-10-20➕WRIGHT, Catherine appointeddirector
- 2005-10-20➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2005-10-20➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primaryFamily succession underway: Not a takeover target — WRIGHT, Laura (same surname) appointed 2021-11-10. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 21 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
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Iain Wright Individual · British · DOB 08/1962 · age 64 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/08/2016 |
1 historic (ceased) PSC
- Mrs Catherine Wrightceased 19/10/2020· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Trade services · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CITY GATE CONSTRUCTION (SCOTLAND) LIMITED→ SC244614 · est 2003 | £12.48M £9.36M–£15.60M | — | — | 194 | 23y | 88 | 63y |
| BRAID GROUP (HOLDINGS) LIMITED→ SC299361 · est 2006 | £2.98M £2.24M–£3.73M | — | — | 200 | 20y | 93 | 59y |
| IMPERIAL LAUNDRY LIMITED→ SC466704 · est 2014 | £86.3k £64.7k–£107.8k | £126.9k | — | 100 | 12y | 94 | 66y |
| MOBILE GRITTING SERVICES LIMITED→ SC378297 · est 2010 | — | — | £701.6k | — | 16y | 83 | 61y |
| RIVERSIDE INVERCLYDE (PROPERTY HOLDINGS) LIMITED→ SC331360 · est 2007 · no financials extracted | — | — | — | — | 18y | 83 | 68y |
| SALON ALTERNATIVES LTD.→ SC367809 · est 2009 | — | — | £483.9k | — | 16y | 83 | 69y |
| STERLING HYDROKLEAR LIMITED→ SC321932 · est 2007 | — | — | — | 0 | 19y | 83 | 81y |
| ARDORAN MARINE LIMITED→ SC290011 · est 2005 | — | — | £455.9k | — | 20y | 82 | 79y |
| CUT AND DRY (RENFREW) LIMITED→ SC080545 · est 1982 | — | — | £27.6k | — | 43y | 82 | 74y |
| GLYCOMAR LIMITED→ SC279835 · est 2005 | — | — | — | 1 | 21y | 82 | 79y |
| KEPSTORN LIMITED→ SC179182 · est 1997 | — | — | — | — | 28y | 82 | 62y |
| MOUNT STUART EVENTS LTD.→ SC228978 · est 2002 · no financials extracted | — | — | — | — | 24y | 82 | 70y |
6 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 →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
Registered office
Filing status
Officers (2 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Bank Commercial Finance LTD | A registered charge | — | 11/02/2022 | 12/02/2025 |