A H WORTH AND COMPANY LIMITED

🌳Matureactive
00451065 · ltd · incorporated 1948-03-17
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.
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
£48.39M
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 79/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

19 live charges · 5 lenders · oldest 29.6y

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 29.6 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 63/100 (high).

Data confidence

Overall: medium (74/100)

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
50
Lenders & charges
19 charges (19/19 with lender, 19/19 with type)
90
Directors & officers
37 officers (9 active, 37 linked, 32 with DOB)
87
Ownership & PSC
6 active PSC(s) of 8 total, 8 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
245 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒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
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £48,390,181

Key financials

1 year extracted from filed iXBRL accounts
Cash
£2.4m
Net Worth
£48m
Current Assets
£19m
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-31
Total assets£52.94M
Current assets£19.00M
Cash£2.45M
Debtors£16.55M
Net assets£48.39M

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 officers
Last 180 days
2
filings
  • 1 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (113 events)Click to expand
  1. 2026-03-10
    FORD, Katie Louise appointed
    director
  2. 2026-03-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-02-12
    📄
    accounts-with-accounts-type-group
    accounts · AA
  4. 2025-12-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-12-03
    WATSHAM, Timothy James appointed
    director
  6. 2025-10-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-10-01
    WALTON, Matthew James appointed
    director
  8. 2025-09-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-08-31
    ANDERSON, Richard James resigned
    director
  10. 2025-05-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2025-05-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2025-05-08
    ELLWOOD, Stephen John resigned
    director
  13. 2025-05-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2025-04-30
    🔒
    Charge registered #19
    Lender: Hsbc UK Bank PLC
  15. 2025-04-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2025-04-04
    🔒
    Charge registered #18
    Lender: Hsbc UK Bank PLC
  17. 2025-02-12
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  18. 2025-02-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2025-02-06
    ANDERSON, Richard James appointed
    director
  20. 2025-01-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2025-01-02
    WARBURTON, Richard John appointed
    director
  22. 2024-12-20
    📄
    accounts-with-accounts-type-group
    accounts · AA
  23. 2024-05-30
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  24. 2024-04-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  25. 2024-03-28
    DRISCOLL, Andrew David resigned
    director
  26. 2024-02-23
    📄
    accounts-with-accounts-type-group
    accounts · AA
  27. 2023-07-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  28. 2023-07-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  29. 2023-07-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  30. 2023-07-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  31. 2023-07-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  32. 2023-07-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  33. 2023-06-22
    BOUGHTON, Alexander appointed
    director
  34. 2023-06-22
    WORTH, Benjamin appointed
    director
  35. 2023-02-27
    DRISCOLL, Andrew David appointed
    director
  36. 2022-12-15
    BRENNAN, Thomas Patrick resigned
    director
  37. 2022-08-31
    BARKER, Anita Marie resigned
    director
  38. 2020-06-26
    TAYLOR, Martin John resigned
    director
  39. 2019-11-22
    COOPER-JONES, Timothy John resigned
    director
  40. 2019-08-01
    BARKER, Anita Marie appointed
    director
  41. 2018-09-27
    POWER, Edward Samuel resigned
    director
  42. 2018-02-21
    BRENNAN, Thomas Patrick appointed
    director
  43. 2017-11-24
    LOCKHART-WHITE, Donald Grant resigned
    director
  44. 2017-09-01
    HENSON, Mark Richard appointed
    secretary
  45. 2017-06-23
    BLATHERWICK, Antony James resigned
    secretary
  46. 2016-11-11
    LOCKHART-WHITE, Donald Grant appointed
    director
  47. 2016-05-24
    RIMMER, Christopher William resigned
    director
  48. 2016-04-24
    TAYLOR, Martin John appointed
    director
  49. 2016-04-24
    TAYLOR, Martin John resigned
    director
  50. 2016-03-01
    WORTH, Stephen Tom appointed
    director
Showing most recent 50 of 113 events

Owner dependency

81/100
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 "WORTH" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primary20+ year tenure: Director in role 28 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 ·
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.

Shareholders & ownership

6 active beneficial owners · fragmented
NameSharesVoting rightsNature of controlNotified
Mr Stephen John Ellwood
Individual · British · DOB 07/1957 · age 69
25–50%25-50% voting · trust interest07/11/2017
Ms Amy Elizabeth Worth
Individual · British · DOB 06/1973 · age 53
25–50%25-50% voting · trust interest07/11/2017
Mr Duncan Richard Worth
Individual · British · DOB 05/1965 · age 61
25–50%25-50% voting · trust interest07/11/2017
Mr Andrew Donald Worth
Individual · British · DOB 05/1969 · age 57
2550%
25–50%25-50% shares · 25-50% voting · trust interest06/04/2016
Ms Polly Theresa Payne
Individual · British · DOB 12/1968 · age 58
2550%
25–50%25-50% shares · 25-50% voting · trust interest06/04/2016
Mr Stephen Tom Worth
Individual · British · DOB 01/1967 · age 59
2550%
25–50%25-50% shares · 25-50% voting · trust interest06/04/2016
2 historic (ceased) PSCs
  • G A Worth Trustceased 31/03/2022· 25-50% voting
  • Mr Anthony James Longmore Worthceased 07/11/2017· 25-50% voting

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 →

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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
Incorporated1948-03-17
Jurisdictionengland-wales
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

A H Worth
Washway Road
Spalding
Lincs.
PE12 6LQ
England

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-10-10
Last: 2025-09-26

Officers (9 active · 28 resigned)

HENSON, Mark Richard
secretary · appointed 2017-09-01
View their other companies + combined net worth →
Active
BOUGHTON, Alexander
director · ~39y · appointed 2023-06-22
View their other companies + combined net worth →
Active
FORD, Katie Louise
director · ~52y · appointed 2026-03-10
View their other companies + combined net worth →
Active
WALTON, Matthew James
director · ~38y · appointed 2025-10-01
View their other companies + combined net worth →
Active
WARBURTON, Richard John
director · ~60y · appointed 2025-01-02
View their other companies + combined net worth →
Active
WATSHAM, Timothy James
director · ~51y · appointed 2025-12-03
View their other companies + combined net worth →
Active
WORTH, Benjamin
director · ~55y · appointed 2023-06-22
View their other companies + combined net worth →
Active
WORTH, Duncan Richard
director · ~61y · appointed 1998-01-20
View their other companies + combined net worth →
Active
WORTH, Stephen Tom
director · ~59y · appointed 2016-03-01
View their other companies + combined net worth →
Active
BLATHERWICK, Antony James
secretary · appointed 2010-06-29 · resigned 2017-06-23
Resigned
NEWTON, Ian Eric
secretary · resigned 2000-09-21
Resigned
RIMMER, Christopher William
secretary · appointed 2002-03-14 · resigned 2010-06-29
Resigned
SAGE, Patrick John
secretary · appointed 2000-09-21 · resigned 2002-03-14
Resigned
ANDERSON, Richard James
director · ~54y · appointed 2025-02-06 · resigned 2025-08-31
Resigned
BARKER, Anita Marie
director · ~64y · appointed 2019-08-01 · resigned 2022-08-31
Resigned
BRENNAN, Thomas Patrick
director · ~51y · appointed 2018-02-21 · resigned 2022-12-15
Resigned
CARTER, William Begg
director · ~75y · appointed 1999-04-29 · resigned 2011-06-08
Resigned
CARTER, William Begg
director · ~75y · resigned 1998-01-20
Resigned
COOPER-JONES, Timothy John
director · ~75y · appointed 2014-07-23 · resigned 2019-11-22
Resigned
DRISCOLL, Andrew David
director · ~53y · appointed 2023-02-27 · resigned 2024-03-28
Resigned

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

Mortgages & charges

19
Total charges
4
Outstanding
2
Active lenders
Status:Lender:19 of 19 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge3 properties30/04/2025
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property04/04/2025
outstanding
The Agricultural Mortgage Corporation
The Agricultural Mortgage Corporation PLC
A registered charge1 property29/10/2015
satisfied
HSBC
Hsbc Bank PLC
A registered charge4 properties15/05/201302/07/2015
satisfied
HSBC
Hsbc Bank PLC
A registered charge1 property15/05/201302/07/2015
satisfied
Anthony James Longmore Worth and Peter Shepherd
Transfer1 property04/04/200824/06/2015
outstanding
The Agricultural Mortgage Corporation
The Agricultural Mortgage Corporation PLC
Legal charge1 property04/04/2008
satisfied
HSBC
Hsbc Bank PLC
Legal mortgage1 property23/03/200524/06/2015
satisfied
HSBC
Hsbc Bank PLC
Legal mortgage1 property23/03/200524/06/2015
satisfied
HSBC
Hsbc Bank PLC
Debenture1 property11/03/200524/06/2015
satisfied
National Westminster Bank
National Westminster Bank PLC
Third party legal charge2 properties22/11/200222/07/2008
satisfied
National Westminster Bank
National Westminster Bank PLC
Third party legal charge1 property22/11/200222/07/2008
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property05/11/199622/07/2008
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property05/11/199622/07/2008
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property05/11/199622/07/2008
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property05/11/199622/07/2008
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property05/11/199622/07/2008
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property05/11/199622/07/2008
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property05/11/199622/07/2008
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (245 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-03-10
accounts-with-accounts-type-group
accounts · AA
2026-02-12
appoint-person-director-company-with-name-date
officers · AP01
2025-12-05
appoint-person-director-company-with-name-date
officers · AP01
2025-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-27
termination-director-company-with-name-termination-date
officers · TM01
2025-09-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-29
termination-director-company-with-name-termination-date
officers · TM01
2025-05-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-07
change-account-reference-date-company-current-shortened
accounts · AA01
2025-02-12
appoint-person-director-company-with-name-date
officers · AP01
2025-02-12
appoint-person-director-company-with-name-date
officers · AP01
2025-01-16
accounts-with-accounts-type-group
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-02