BOOKER WELLMAN LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 78/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. 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: strategic trade sale (63/100).
Refinance opportunity
4 live charges · 3 lenders · oldest 51.3y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 51.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £150.5k | £120.6k |
| Current assets | £152.8k | £122.4k |
| Net assets | £149.5k | £119.8k |
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
Corporate timeline (29 events)Click to expand
- 2025-09-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-10-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-09-09📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-07-03📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-12-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-09-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-10-10➖SEDMAN, Alistair resigneddirector
- 2008-09-23➕WILLIAMS, Louise Alexandra appointeddirector
- 2008-09-23➖WILLIAMS, Diane Elaine resigneddirector
- 2008-06-30➕WILLIAMS, Diane Elaine appointeddirector
- 2006-05-25🔒Charge registered #4Lender: Booker Wellman (Properties) LTD
- 2001-09-29➕WILLIAMS, Yareth Paul appointedsecretary
- 2001-09-29➖WILLIAMS, Paul Michael resignedsecretary
- 2001-09-29➖WILLIAMS, Paul Michael resigneddirector
- 1998-01-02➕WILLIAMS, Yareth Paul appointeddirector
- 1995-07-05➖WILLIAMS, Harry resigneddirector
- 1986-10-11🔒Charge registered #3Lender: Booker Wellman (Holdings) Limited
- 1981-04-10🔒Charge registered #2Lender: Barclays Bank PLC
- 1975-03-04🔒Charge registered #1Lender: Barclays Bank PLC
- 1971-01-04🏢Company incorporatedAs BOOKER WELLMAN LIMITED
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 55 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Yareth Paul Williams Individual · British · DOB 04/1974 · age 52 | 25–50% | — | 25-50% shares | 06/04/2016 |
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
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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 →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 (3 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Booker Wellman (Properties) Booker Wellman (Properties) LTD | Debenture | 1 property | 25/05/2006 | — | |
| outstanding | Booker Wellman (Holdings) Booker Wellman (Holdings) Limited | Debenture | 1 property | 11/10/1986 | — | |
| outstanding | Barclays Barclays Bank PLC | Debenture | 1 property | 10/04/1981 | — | |
| outstanding | Barclays Barclays Bank PLC | Debenture | 1 property | 04/03/1975 | — |