WESTMINSTER DREDGING COMPANY LIMITED
- · Thesis: well-run, low negotiation leverage
Opportunity 79/100 (strong), bankability 75/100. 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).
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £2 | £2 |
| Current assets | £2 | £2 |
| Net assets | £2 | £2 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
Corporate timeline (38 events)Click to expand
- 2025-08-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-06📄change-person-director-company-with-change-dateofficers · CH01
- 2020-10-02📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2020-10-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-10-02📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-10-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-10-01➕RAMSEY, Shane Robert appointedsecretary
- 2020-10-01➕RAMSEY, Shane Robert appointeddirector
- 2020-10-01➖RICHARDS, Raymond Victor resignedsecretary
- 2020-10-01➖RICHARDS, Raymond Victor resigneddirector
- 2020-08-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2019-08-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-07-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-09-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2015-06-01➕DE JONG, Paul Maurice appointeddirector
- 2015-06-01➖WEVERS, Haico Herman Antoine Gerard resigneddirector
- 2011-03-11➖HAWORTH, Neil Alan resigneddirector
- 2011-03-11➕WEVERS, Haico Herman Antoine Gerard appointeddirector
- 2008-04-21➖GREENALL, Timothy Paul resignedsecretary
- 2008-04-21➕RICHARDS, Raymond Victor appointedsecretary
- 2008-04-21➖GREENALL, Timothy Paul resigneddirector
- 2008-04-21➕RICHARDS, Raymond Victor appointeddirector
- 2008-01-07➕HAWORTH, Neil Alan appointeddirector
- 2008-01-07➖ROLAND, Philip Godfrey resigneddirector
- 2003-09-01➖DEN DIKKEN, Wouter Leendert resigneddirector
- 2003-09-01➖VERHOEVEN, Frans Andries resigneddirector
- 2003-05-27➕GREENALL, Timothy Paul appointedsecretary
- 2003-04-27➖HOUGH, David resignedsecretary
- 1997-05-01➕VERHOEVEN, Frans Andries appointeddirector
- 1993-01-01➖GODRI, Anton Hendrik resigneddirector
- 1993-01-01➕ROLAND, Philip Godfrey appointeddirector
- 1992-02-03➖GREENALL, Timothy Paul resignedsecretary
- 1982-07-02🏢Company incorporatedAs WESTMINSTER DREDGING COMPANY 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.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 44 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
cleanGroup structure
Boskalis Westminster (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Boskalis Westminster (Holdings) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 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
Active · Construction · PO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 106 PROPERTY GROUP LIMITED→ 09789625 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 10X CONSTRUCTION LIMITED→ 15529536 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 1ST GLAZING REPAIRS LIMITED→ 06798269 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| 1ST WESTMINSTER BUILDERS LIMITED→ 04969687 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 2 BROTHERS CONCRETE PUMPING LIMITED→ 12985159 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 2 TECK LIMITED→ 04834894 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| 21ST MILE LIMITED→ 11028129 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| 2RPROJECTS LIMITED→ 13141534 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| 2X7 LTD→ 11403201 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 3 SIXTY TRAINING LTD→ 15516817 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 310 HIGHBURY LTD→ 13812453 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 32 CHERRY TREE LANE LTD→ 16212293 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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 →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 · 12 resigned)
Click a director name to see their full track record across all companies.