A.E. WAKEMAN & SONS LIMITED

💤Zombieactive
01335038 · ltd · incorporated 1977-10-20
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 Oct 2024
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: SIC 47791
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 70/100 (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. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (38/100).

🏦

Refinance opportunity

26 live charges · 4 lenders · oldest 41.4y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 41.4 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
26 charges (26/26 with lender, 26/26 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
166 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (64 events)Click to expand
  1. 2025-07-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-09-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-07-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-03-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2022-03-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2022-03-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-02-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2022-01-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2021-12-18
    📄
    memorandum-articles
    incorporation · MA
  13. 2021-12-18
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2021-12-18
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2021-12-15
    📄
    capital-name-of-class-of-shares
    capital · SH08
  16. 2021-12-10
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2021-12-10
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2021-12-10
    📄
    memorandum-articles
    incorporation · MA
  19. 2021-12-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2021-12-03
    WAKEMAN, Andrew Peter resigned
    secretary
  21. 2021-12-03
    WAKEMAN, Andrew Peter resigned
    director
  22. 2021-12-03
    WAKEMAN, Glenys Mary resigned
    director
  23. 2021-12-03
    🔒
    Charge registered #26
    Lender: Andrew Peter Wakeman
  24. 2021-12-03
    🔒
    Charge registered #25
    Lender: Andrew Peter Wakeman
  25. 2018-04-24
    🔓
    Charge satisfied #20
  26. 2018-04-21
    🔓
    Charge satisfied #18
  27. 2018-04-21
    🔓
    Charge satisfied #17
  28. 2018-04-21
    🔓
    Charge satisfied #13
  29. 2018-04-21
    🔓
    Charge satisfied #12
  30. 2018-04-21
    🔓
    Charge satisfied #11
  31. 2018-04-21
    🔓
    Charge satisfied #10
  32. 2018-04-21
    🔓
    Charge satisfied #7
  33. 2017-11-13
    🔒
    Charge registered #24
    Lender: Barclays Bank PLC
  34. 2017-06-29
    🔒
    Charge registered #23
    Lender: Barclays Bank PLC
  35. 2017-06-29
    🔒
    Charge registered #22
    Lender: Barclays Bank PLC
  36. 2015-04-08
    🔒
    Charge registered #21
    Lender: Barclays Bank PLC
  37. 2014-05-21
    🔒
    Charge registered #20
    Lender: Barclays Bank PLC
  38. 2013-09-27
    🔒
    Charge registered #19
    Lender: Barclays Bank PLC
  39. 2011-07-29
    🔒
    Charge registered #18
    Lender: Andrew Peter Wakeman, Glenys Mary Wakeman, Andrew Anthony Wakeman and Union Pension Trustees Limited
  40. 2009-01-14
    🔒
    Charge registered #17
    Lender: Barclays Bank PLC
  41. 2004-01-30
    🔒
    Charge registered #16
    Lender: Barclays Bank PLC
  42. 2002-05-23
    🔒
    Charge registered #15
    Lender: Barclays Bank PLC
  43. 2001-03-15
    🔒
    Charge registered #14
    Lender: Barclays Bank PLC
  44. 1999-04-30
    🔒
    Charge registered #13
    Lender: Barclays Bank PLC
  45. 1998-08-14
    🔒
    Charge registered #12
    Lender: Barclays Bank PLC
  46. 1998-01-06
    🔓
    Charge satisfied #8
  47. 1993-11-08
    🔒
    Charge registered #11
    Lender: Barclays Bank PLC
  48. 1993-11-08
    🔒
    Charge registered #10
    Lender: Barclays Bank PLC
  49. 1993-09-16
    🔓
    Charge satisfied #6
  50. 1993-09-16
    🔓
    Charge satisfied #5
Showing most recent 50 of 64 events

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "WAKEMAN" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 49 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

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.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Andrew Antony Wakeman
Individual · British · DOB 07/1974 · age 52
5075%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr Andrew Peter Wakemanceased 01/05/2021· 25-50% shares

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
Incorporated1977-10-20
Jurisdictionengland-wales
Primary SIC47791 — SIC 47791

Registered office

Lloyds Bank Chambers
High Street
Crediton
Devon
EX17 3AH

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-04-06
Last: 2026-03-23

Officers (1 active · 3 resigned)

WAKEMAN, Andrew Antony
director · ~52y · appointed 1993-02-01
View their other companies + combined net worth →
Active
WAKEMAN, Andrew Peter
secretary · resigned 2021-12-03
Resigned
WAKEMAN, Andrew Peter
director · ~76y · resigned 2021-12-03
Resigned
WAKEMAN, Glenys Mary
director · ~78y · resigned 2021-12-03
Resigned

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

Mortgages & charges

26
Total charges
12
Outstanding
3
Active lenders
Status:Lender:26 of 26 shown
TypeProperties
outstanding
Andrew Peter Wakeman / Glenys Mary Wakeman
A registered charge1 property03/12/2021
outstanding
Andrew Peter Wakeman / Glenys Mary Wakeman
A registered charge1 property03/12/2021
outstanding
Barclays
Barclays Bank PLC
A registered charge1 property13/11/2017
outstanding
Barclays
Barclays Bank PLC
A registered charge1 property29/06/2017
outstanding
Barclays
Barclays Bank PLC
A registered charge1 property29/06/2017
outstanding
Barclays
Barclays Bank PLC
A registered charge1 property08/04/2015
satisfied
Barclays
Barclays Bank PLC
A registered charge21/05/201424/04/2018
outstanding
Barclays
Barclays Bank PLC
A registered charge1 property27/09/2013
satisfied
Andrew Peter Wakeman, Glenys Mary Wakeman, Andrew Anthony Wakeman and Union Pension Trustees
Andrew Peter Wakeman, Glenys Mary Wakeman, Andrew Anthony Wakeman and Union Pension Trustees Limited
Legal charge1 property29/07/201121/04/2018
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property14/01/200921/04/2018
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property30/01/2004
outstanding
Barclays
Barclays Bank PLC
Legal charge2 properties23/05/2002
outstanding
Barclays
Barclays Bank PLC
Legal charge1 property15/03/2001
satisfied
Barclays
Barclays Bank PLC
Legal charge2 properties30/04/199921/04/2018
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property14/08/199821/04/2018
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property08/11/199321/04/2018
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property08/11/199321/04/2018
outstanding
Barclays
Barclays Bank PLC
Debenture1 property23/08/1993
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property26/07/199306/01/1998
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property26/07/199321/04/2018
satisfied
Barclays
Barclays Bank PLC
A registered charge24/06/199116/09/1993
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property25/08/198716/09/1993
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property14/08/198716/09/1993
satisfied
Midland Bank
Midland Bank PLC
Legal charge1 property02/09/198616/09/1993
satisfied
Midland Bank
Midland Bank PLC
Legal charge1 property02/09/198616/09/1993
outstanding
Midland Bank
Midland Bank PLC
Charge over all book debts.1 property11/01/1985
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (166 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-31
change-person-director-company-with-change-date
officers · CH01
2024-09-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-23
change-person-director-company-with-change-date
officers · CH01
2022-03-23
change-person-director-company-with-change-date
officers · CH01
2022-03-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-03-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-02-01