CHARLES WELLS LIMITED

🌳Matureactive
00106884 · ltd · incorporated 1910-01-07
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does

Operating as an integrated brewing and hospitality business, this long-established Bedford-based company manufactures beer, distributes alcoholic beverages wholesale, and manages a portfolio of pubs and bars on a day-to-day basis.

Primary activity: Manufacture of beer
Sector: Manufacturing
ALSO REGISTERED FOR
  • 46342SIC 46342
  • 56302Public houses and bars
Investor take
Pursue
Strong opportunity: active trading company with strong profile and structurally messy structure.

Opportunity 75/100 (strong), bankability 52/100. 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: Consolidate lender relationships. 15 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

32 live charges · 15 lenders · oldest 51.9y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 51.9 years old — likely at or near maturity.
  • · 15 lenders named — inter-creditor friction likely.
  • · Legal-friction score 55/100 (high).

Data confidence

Overall: low (53/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
32 charges (32/32 with lender, 32/32 with type)
90
Directors & officers
38 officers (8 active, 38 linked, 35 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
14 connected companies via shared directors
87
Filing history
262 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
1
filing
  • 1 accounts
Last 90 days
3
filings
  • 1 accounts
  • 1 incorporation
  • 1 resolution
Last 180 days
3
filings
  • 1 accounts
  • 1 incorporation
  • 1 resolution
Counts from Companies House filing history.
Corporate timeline (130 events)Click to expand
  1. 2026-05-17
    📄
    accounts-with-accounts-type-group
    accounts · AA
  2. 2026-03-23
    📄
    memorandum-articles
    incorporation · MA
  3. 2026-03-23
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2025-10-01
    SMITH, Benjamin James appointed
    director
  5. 2025-10-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-10-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-06-25
    📄
    memorandum-articles
    incorporation · MA
  8. 2025-06-20
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2025-04-10
    📄
    accounts-with-made-up-date
    accounts · AA
  10. 2024-12-19
    BROAD, Mark Alexander appointed
    director
  11. 2024-12-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2024-09-30
    COUCHMAN, Shirley resigned
    director
  13. 2024-09-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2024-04-18
    📄
    accounts-with-accounts-type-group
    accounts · AA
  15. 2024-04-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2024-03-31
    PARMAR, Balvinder Kaur resigned
    director
  17. 2024-03-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2024-03-19
    BEKKER, Danielle appointed
    director
  19. 2023-03-29
    📄
    miscellaneous
    miscellaneous · MISC
  20. 2023-03-23
    📄
    accounts-with-accounts-type-group
    accounts · AA
  21. 2023-02-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2023-02-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2023-01-31
    IVELL, Robert Lewis resigned
    director
  24. 2023-01-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  25. 2023-01-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  26. 2023-01-03
    WEBSTER, Jonathan Paul appointed
    director
  27. 2022-10-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  28. 2022-09-30
    🔒
    Charge registered #32
    Lender: Hsbc UK Bank PLC (As Security Trustee)
  29. 2022-02-09
    📄
    accounts-with-accounts-type-group
    accounts · AA
  30. 2021-11-22
    🔒
    Charge registered #31
    Lender: Hsbc UK Bank PLC (As Security Trustee)
  31. 2021-04-23
    🔒
    Charge registered #30
    Lender: Hsbc UK Bank PLC
  32. 2021-01-20
    PARMAR, Balvinder Kaur appointed
    director
  33. 2021-01-20
    RAWLINSON, Paul Stephen resigned
    director
  34. 2020-07-01
    COUCHMAN, Shirley appointed
    director
  35. 2020-04-06
    🔒
    Charge registered #29
    Lender: Gunner LP (Acting by Its General Partner Matross Limited)
  36. 2020-04-06
    🔒
    Charge registered #28
    Lender: Charles Wells Pension Trustees Limited
  37. 2019-12-31
    PHILLIMORE, William Andrew Justin resigned
    director
  38. 2018-03-08
    🔒
    Charge registered #27
    Lender: Charles Wells Pension Trustees Limited
  39. 2017-11-21
    WELLS, Geoffrey Charles Vaughan appointed
    director
  40. 2017-07-26
    WELLS, Anthony Richard, Dr resigned
    director
  41. 2017-06-22
    MAIR, Anthony Christopher resigned
    director
  42. 2017-05-23
    🔒
    Charge registered #26
    Lender: Gunner LP (Company Number SL019304) Acting Through Its General Partner Matross Limited (Company Number SC491230)
  43. 2016-11-30
    🔒
    Charge registered #25
    Lender: Hsbc Bank PLC (As Security Trustee)
  44. 2016-09-23
    🔓
    Charge satisfied #24
  45. 2016-09-23
    🔓
    Charge satisfied #23
  46. 2016-09-23
    🔓
    Charge satisfied #22
  47. 2016-09-23
    🔓
    Charge satisfied #21
  48. 2016-09-23
    🔓
    Charge satisfied #20
  49. 2016-09-23
    🔓
    Charge satisfied #19
  50. 2016-09-23
    🔓
    Charge satisfied #18
Showing most recent 50 of 130 events

Owner dependency

88/100
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
  • -8 active directors: Broader management team in place — suggests transferable governance.
  • +Founder name in company name: Company name contains director surname "WELLS" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 22 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

70/100
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.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med · 1 low
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

12 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

🔒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

8 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
Incorporated1910-01-07
Jurisdictionengland-wales
Primary SIC11050 — Manufacture of beer

Registered office

Brewpoint Fairhill
Cut Throat Lane
Bedford
MK41 7FY
England

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-28
Confirmation statement
Next due: 2026-06-20
Last: 2025-06-06

Officers (8 active · 30 resigned)

BEKKER, Danielle
director · ~50y · appointed 2024-03-19
View their other companies + combined net worth →
Active
BROAD, Mark Alexander
director · ~45y · appointed 2024-12-19
View their other companies + combined net worth →
Active
FRYER, Anthony Robert
director · ~53y · appointed 2013-07-01
View their other companies + combined net worth →
Active
SMITH, Benjamin James
director · ~42y · appointed 2025-10-01
View their other companies + combined net worth →
Active
WEBSTER, Jonathan Paul
director · ~65y · appointed 2023-01-03
View their other companies + combined net worth →
Active
WELLS, Geoffrey Charles Vaughan
director · ~56y · appointed 2017-11-21
View their other companies + combined net worth →
Active
WELLS, Paul Richard
director · ~68y
View their other companies + combined net worth →
Active
WELLS, Peter John
director · ~56y · appointed 2004-06-01
View their other companies + combined net worth →
Active
ASHWORTH, Roger
secretary · appointed 1996-10-01 · resigned 2008-02-04
Resigned
PHILLIMORE, William Andrew Justin
secretary · appointed 2008-02-04 · resigned 2011-12-14
Resigned
WELLS, Thomas Franey
secretary · resigned 1996-10-01
Resigned
ASHWORTH, Roger
director · ~78y · appointed 1994-09-05 · resigned 2008-02-04
Resigned
CLARKE, Laurence William
director · ~75y · resigned 1999-01-12
Resigned
COTTRELL, Michael Noel Francis
director · ~88y · appointed 1995-07-14 · resigned 1996-10-29
Resigned
COUCHMAN, Shirley
director · ~53y · appointed 2020-07-01 · resigned 2024-09-30
Resigned
DOBSON, Noel
director · ~95y · resigned 1993-12-31
Resigned
HARRISON, Jonathan James Hewetson
director · ~95y · resigned 1993-01-31
Resigned
HOLTON, Andrea Therese
director · ~63y · appointed 2013-09-18 · resigned 2016-03-31
Resigned
IVELL, Robert Lewis
director · ~74y · appointed 2015-01-24 · resigned 2023-01-31
Resigned
JACKSON, Alan Marchant
director · ~83y · appointed 2002-09-24 · resigned 2012-01-31
Resigned

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

Mortgages & charges

32
Total charges
12
Outstanding
5
Active lenders
Status:Lender:32 of 32 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC (As Security Trustee)
A registered charge1 property30/09/2022
outstanding
HSBC
Hsbc UK Bank PLC (As Security Trustee)
A registered charge1 property22/11/2021
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property23/04/2021
outstanding
Gunner LP (Acting by Its General Partner Matross )
Gunner LP (Acting by Its General Partner Matross Limited)
A registered charge2 properties06/04/2020
outstanding
Charles Wells Pension Trustees
Charles Wells Pension Trustees Limited
A registered charge2 properties06/04/2020
outstanding
Charles Wells Pension Trustees
Charles Wells Pension Trustees Limited
A registered charge3 properties08/03/2018
outstanding
Gunner LP (Company Number SL019304) Acting Through Its General Partner Matross (Company Number SC491230)
Gunner LP (Company Number SL019304) Acting Through Its General Partner Matross Limited (Company Number SC491230)
A registered charge3 properties23/05/2017
outstanding
HSBC
Hsbc Bank PLC (As Security Trustee)
A registered charge3 properties30/11/2016
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property04/02/201423/09/2016
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property04/02/201423/09/2016
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property04/02/201423/09/2016
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property04/02/201423/09/2016
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property04/02/201423/09/2016
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property04/02/201423/09/2016
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property04/02/201423/09/2016
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property04/02/201423/09/2016
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property04/02/201423/09/2016
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property04/02/201423/09/2016
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property04/02/201423/09/2016
outstanding
HSBC
Hsbc Bank PLC (The Security Trustee)
Legal mortgage1 property30/06/2009
outstanding
HSBC
Hsbc Bank PLC (The Security Trustee)
Legal mortgage1 property04/06/2009
outstanding
HSBC
Hsbc Bank PLC (Security Trustee)
Legal mortgage1 property07/05/2009
satisfied
Charles Wells
Charles Wells Limited
Legal charge1 property07/08/200304/10/2006
satisfied
Midland Bank
Midland Bank PLC
Legal charge1 property24/04/199127/05/2006
satisfied
Midland Bank
Midland Bank PLC
Legal charge1 property24/04/199127/05/2006
satisfied
Anz Grindlays Bank .
Anz Grindlays Bank PLC.
Legal charge1 property24/04/199127/05/2006
satisfied
Grindlays Bank
Grindlays Bank PLC
Legal mortgage1 property07/03/198927/05/2006
satisfied
Manns Northampton Brewery Company .
Manns Northampton Brewery Company Limited.
Legal charge1 property07/01/198627/05/2006
satisfied
Manns Northampton Brewery Company .
Manns Northampton Brewery Company Limited.
Legal charge1 property11/07/198527/05/2006
satisfied
Midland Bank
Midland Bank PLC
Legal charge1 property29/12/198327/05/2006
outstanding
The Governor and Company of the Bank of Ireland
Legal charge1 property22/05/1980
satisfied
Midland Bank
Midland Bank PLC
Mortgage1 property02/07/197427/05/2006
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (262 total)

accounts-with-accounts-type-group
accounts · AA
2026-05-17
memorandum-articles
incorporation · MA
2026-03-23
resolution
resolution · RESOLUTIONS
2026-03-23
change-person-director-company-with-change-date
officers · CH01
2025-10-01
appoint-person-director-company-with-name-date
officers · AP01
2025-10-01
memorandum-articles
incorporation · MA
2025-06-25
resolution
resolution · RESOLUTIONS
2025-06-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-10
accounts-with-made-up-date
accounts · AA
2025-04-10
appoint-person-director-company-with-name-date
officers · AP01
2024-12-19
termination-director-company-with-name-termination-date
officers · TM01
2024-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-11
accounts-with-accounts-type-group
accounts · AA
2024-04-18
termination-director-company-with-name-termination-date
officers · TM01
2024-04-03
appoint-person-director-company-with-name-date
officers · AP01
2024-03-20