1 & 2 PIERHEAD RESIDENTS LIMITED
💤Zombieactive
01039922 · ltd · incorporated 1972-01-26
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£31.4k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Renting and operating of Housing Association real estate
Sector: Real estate
Investor take
PursueAsset-holding vehicle with a 78-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 78). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (68/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
11 officers (1 active, 11 linked, 7 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
113 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
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £31,428
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£31k
↑ 98% YoY
Current Assets
£21k
↑ 288% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £31.4k | £15.9k |
| Current assets | £21.0k | £5.4k |
| Net assets | £31.4k | £15.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-07📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-04-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-04-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-04-01➕MITCHELL, Roger Iain appointeddirector
- 2021-03-31➖MITCHELL, Roger Iain resignedsecretary
- 2021-03-31➖HEATHER, Nicholas Roy resigneddirector
- 2020-06-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-05-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-03-20➖GILDING, Sally Margaret resigneddirector
- 2019-03-20➕HEATHER, Nicholas Roy appointeddirector
- 2019-03-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-03-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-03-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-07-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-02-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-12-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2012-05-31➖DRAKE, Hilary resigneddirector
- 2012-04-01➕GILDING, Sally Margaret appointeddirector
- 2009-02-10➖WARD LILLEY, Kenneth Brian resigneddirector
- 2005-03-21➕WARD LILLEY, Kenneth Brian appointeddirector
- 2005-01-20➖WHITTOW, Mark resigneddirector
- 2002-08-20➖JABADO-CARRUTHERS, Hanadi resignedsecretary
- 2002-08-20➕MITCHELL, Roger Iain appointedsecretary
- 2000-01-21➕JABADO-CARRUTHERS, Hanadi appointedsecretary
- 2000-01-21➖STEBBINGS, Jeannette Mary resignedsecretary
- 1995-09-19➖CLEVELY, Rupert John resigneddirector
- 1995-09-19➕DRAKE, Hilary appointeddirector
- 1995-06-06➕STEBBINGS, Jeannette Mary appointedsecretary
- 1995-06-06➖VEUVE CLICQUOT (UK) LIMITED resignedcorporate-secretary
- 1972-01-26🏢Company incorporatedAs 1 & 2 PIERHEAD RESIDENTS LIMITED
Owner dependency
90/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 78 — succession pressure is live.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 54 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Similar companies
Active · Property · E postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 103 MOUNT PLEASANT LANE FREEHOLD LTD→ 11919227 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 103 SPRUCE HILLS ROAD LIMITED→ 09972808 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| 106 A CHINGFORD MOUNT LTD→ 11602582 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 107 HIGH STREET WATFORD 2017 LIMITED→ 10623592 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 11 STREATHAM LTD→ 14306617 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 11 WESTFIELD ESTATES LTD→ 14089209 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 112 DERSINGHAM LTD→ 15965417 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 1120 PROPERTIES LTD→ 12842693 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 113 HOLLOWAY LTD→ 14772386 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 114C & 114D WATFORD HIGH STREET 2013 LIMITED→ 08524735 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| 115B GEORGE LANE LTD→ 15713549 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| 116 BARKING ROAD LTD→ 14312138 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated1972-01-26
Jurisdictionengland-wales
Primary SIC68201 — Renting and operating of Housing Association real estate
Registered office
Flat 6, 1 Pier Head
Wapping High Street
London
E1W 1PN
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-26
Last: 2025-09-12
Officers (1 active · 10 resigned)
MITCHELL, Roger Iain→
Activedirector · ~78y · appointed 2021-04-01
View their other companies + combined net worth →
JABADO-CARRUTHERS, Hanadi→
Resignedsecretary · appointed 2000-01-21 · resigned 2002-08-20
MITCHELL, Roger Iain→
Resignedsecretary · appointed 2002-08-20 · resigned 2021-03-31
STEBBINGS, Jeannette Mary→
Resignedsecretary · appointed 1995-06-06 · resigned 2000-01-21
VEUVE CLICQUOT (UK) LIMITED→
Resignedcorporate-secretary · resigned 1995-06-06
CLEVELY, Rupert John→
Resigneddirector · ~69y · resigned 1995-09-19
DRAKE, Hilary→
Resigneddirector · ~75y · appointed 1995-09-19 · resigned 2012-05-31
GILDING, Sally Margaret→
Resigneddirector · ~65y · appointed 2012-04-01 · resigned 2019-03-20
HEATHER, Nicholas Roy→
Resigneddirector · ~65y · appointed 2019-03-20 · resigned 2021-03-31
WARD LILLEY, Kenneth Brian→
Resigneddirector · ~90y · appointed 2005-03-21 · resigned 2009-02-10
WHITTOW, Mark→
Resigneddirector · ~69y · resigned 2005-01-20
Click a director name to see their full track record across all companies.
Recent filings (113 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-09
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-02
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-23
termination-secretary-company-with-name-termination-date
officers · TM02
2021-04-07
appoint-person-director-company-with-name-date
officers · AP01
2021-04-07
termination-director-company-with-name-termination-date
officers · TM01
2021-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-20