WATES BUILT HOMES LIMITED

🌳Matureactive
00760914 · ltd · incorporated 1963-05-15
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 34.6y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: dormant / non-trading with exceptional profile and bankable structure.

Opportunity 83/100 (exceptional), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 34.6y

85/100
ready

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

  • · Oldest live charge is 34.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 20/100 — clean.

Data confidence

Overall: medium (61/100)

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
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
25 officers (3 active, 25 linked, 16 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
21 connected companies via shared directors
90
Filing history
169 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (60 events)Click to expand
  1. 2025-04-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-02-03
    WATES, Timothy Andrew De Burgh resigned
    director
  3. 2025-02-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2024-04-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-04-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-12-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2022-12-12
    WAINWRIGHT, Philip Michael appointed
    director
  8. 2022-08-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2022-08-16
    ALLEN, David Owen resigned
    director
  10. 2022-03-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2021-04-28
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  12. 2021-04-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2020-06-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2019-12-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2019-11-15
    LEACH, Martin Geoffrey resigned
    director
  16. 2019-03-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2018-12-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2018-12-03
    ALLEN, David Owen resigned
    secretary
  19. 2018-03-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2017-03-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2016-01-04
    ALLEN, David Owen appointed
    secretary
  22. 2016-01-04
    DAVID, David Huw resigned
    secretary
  23. 2016-01-04
    ALLEN, David Owen appointed
    director
  24. 2016-01-04
    DAVIES, David Huw resigned
    director
  25. 2015-10-22
    BOWEN, David Alexander appointed
    director
  26. 2015-10-22
    JARRETT, John Michael resigned
    director
  27. 2013-11-01
    LEACH, Martin Geoffrey appointed
    director
  28. 2007-12-31
    DAVID, David Huw appointed
    secretary
  29. 2007-12-31
    STYANT, Terry Ann resigned
    secretary
  30. 2007-10-01
    HEWITT, Cara Louise resigned
    director
  31. 2007-10-01
    JARRETT, John Michael appointed
    director
  32. 2006-05-30
    DAVIES, David Huw resigned
    secretary
  33. 2006-05-30
    STYANT, Terry Ann appointed
    secretary
  34. 2005-12-31
    BROCKLEBANK, David Michael appointed
    director
  35. 2005-12-31
    HEWITT, Cara Louise appointed
    director
  36. 2005-12-31
    PHIPPS, Paul David resigned
    director
  37. 2005-12-31
    WATES, Timothy Andrew De Burgh appointed
    director
  38. 2005-02-01
    DAVIES, David Huw appointed
    secretary
  39. 2005-02-01
    HOULTON, Jonathan Charles Bennett resigned
    secretary
  40. 2005-02-01
    DAVIES, David Huw appointed
    director
  41. 2005-02-01
    HOULTON, Jonathan Charles Bennett resigned
    director
  42. 2002-04-30
    GAME, Ashley resigned
    secretary
  43. 2002-04-30
    HOULTON, Jonathan Charles Bennett appointed
    secretary
  44. 2001-12-12
    PHIPPS, Paul David appointed
    director
  45. 2001-12-12
    TULLAH, Neville resigned
    director
  46. 2001-01-22
    COSH, Alan Peter resigned
    director
  47. 2001-01-22
    HOULTON, Jonathan Charles Bennett appointed
    director
  48. 2001-01-22
    TULLAH, Neville appointed
    director
  49. 2001-01-22
    WATES, Christopher Stephen, Sir resigned
    director
  50. 2000-10-02
    GAME, Ashley appointed
    secretary
Showing most recent 50 of 60 events

Owner dependency

68/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

70/100
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 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 63 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.)

Group structure

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

🏛️
Wates Developments Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
WATES BUILT HOMES LIMITED
This company · 00760914

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%
NameSharesVoting rightsNature of controlNotified
Wates Developments Limited
Corporate entity
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence06/04/2016

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

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 →
🔒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
Incorporated1963-05-15
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company

Registered office

Wates House
Station Approach
Leatherhead
Surrey
KT22 7SW

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-21
Last: 2025-09-07

Officers (3 active · 22 resigned)

BOWEN, David Alexander
director · ~59y · appointed 2015-10-22
View their other companies + combined net worth →
Active
BROCKLEBANK, David Michael
director · ~56y · appointed 2005-12-31
View their other companies + combined net worth →
Active
WAINWRIGHT, Philip Michael
director · ~61y · appointed 2022-12-12
View their other companies + combined net worth →
Active
ALLEN, David Owen
secretary · appointed 2016-01-04 · resigned 2018-12-03
Resigned
DAVID, David Huw
secretary · appointed 2007-12-31 · resigned 2016-01-04
Resigned
DAVIES, David Huw
secretary · appointed 2005-02-01 · resigned 2006-05-30
Resigned
GAME, Ashley
secretary · appointed 2000-10-02 · resigned 2002-04-30
Resigned
HOULTON, Jonathan Charles Bennett
secretary · appointed 2002-04-30 · resigned 2005-02-01
Resigned
HOULTON, Jonathan Charles Bennett
secretary · appointed 2000-06-30 · resigned 2000-10-02
Resigned
MACKIE, William Graham
secretary · appointed 1994-04-29 · resigned 2000-06-30
Resigned
SAREEN, Narinder Singh
secretary · resigned 1994-04-29
Resigned
STYANT, Terry Ann
secretary · appointed 2006-05-30 · resigned 2007-12-31
Resigned
ALLEN, David Owen
director · ~54y · appointed 2016-01-04 · resigned 2022-08-16
Resigned
COSH, Alan Peter
director · ~81y · resigned 2001-01-22
Resigned
DAVIES, David Huw
director · ~70y · appointed 2005-02-01 · resigned 2016-01-04
Resigned
GAIR, William Cortis
director · ~84y · resigned 1992-01-31
Resigned
HEWITT, Cara Louise
director · ~54y · appointed 2005-12-31 · resigned 2007-10-01
Resigned
HOULTON, Jonathan Charles Bennett
director · ~65y · appointed 2001-01-22 · resigned 2005-02-01
Resigned
JARRETT, John Michael
director · ~65y · appointed 2007-10-01 · resigned 2015-10-22
Resigned
LEACH, Martin Geoffrey
director · ~61y · appointed 2013-11-01 · resigned 2019-11-15
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Midland Bank
Midland Bank PLC
Debenture1 property13/11/199112/05/1995

Recent filings (169 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-09
accounts-with-accounts-type-dormant
accounts · AA
2025-04-17
termination-director-company-with-name-termination-date
officers · TM01
2025-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-09
accounts-with-accounts-type-dormant
accounts · AA
2024-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-07
accounts-with-accounts-type-dormant
accounts · AA
2023-04-15
appoint-person-director-company-with-name-date
officers · AP01
2022-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-12
termination-director-company-with-name-termination-date
officers · TM01
2022-08-19
accounts-with-accounts-type-dormant
accounts · AA
2022-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-07
change-account-reference-date-company-current-extended
accounts · AA01
2021-04-28
accounts-with-accounts-type-dormant
accounts · AA
2021-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-25