BILL REES AND COMPANY LIMITED
🌳Matureactive
02115277 · ltd · incorporated 1987-03-25
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 36.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 46130
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 82-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 82). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 36.3y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 36.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — 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.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
118 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Average employees | 2 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2025-10-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-08📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-08📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-04-25📄change-person-director-company-with-change-dateofficers · CH01
- 2016-10-10📄change-person-director-company-with-change-dateofficers · CH01
- 2016-10-10📄change-person-secretary-company-with-change-dateofficers · CH03
- 2016-02-06➕REES, Jacqueline appointeddirector
- 2016-02-05➖HALLS, Roger resigneddirector
- 2013-09-05🔓Charge satisfied #1
- 2001-08-09🔒Charge registered #3Lender: Hsbc Bank PLC
- 2001-07-10🔒Charge registered #2Lender: Hsbc Bank PLC
- 1996-08-16➕REES, Jacqueline Elizabeth appointedsecretary
- 1996-08-16➖TILSLEY, Andrew Robert resignedsecretary
- 1990-03-19🔒Charge registered #1Lender: Eagle Star Insurance Company Limited
- 1987-03-25🏢Company incorporatedAs BILL REES AND COMPANY LIMITED
Owner dependency
96/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "REES" — strong identity link between founder and business.
- +Founder age: Director aged approximately 82 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
81/100
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 82 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 39 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr William Edgar Forsaith Rees Individual · British · DOB 12/1944 · age 82 | — | — | sig. influencesignificant influence | 10/10/2016 |
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 →Similar companies
Active · Wholesale & distribution · CO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ANU BABA LTD→ 15306537 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ATAY GLOBAL LIMITED→ 05355015 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| BALASUNDRI METALS LIMITED→ 10271873 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BANDSAWBLADES.CO.UK LIMITED→ 10341021 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BARBERPOD (COLCHESTER) LIMITED→ 12704709 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BBE WHOLESALE LTD→ 12111321 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BD FROZEN LTD→ 15089758 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BEERFANTASTIC LTD→ 07146467 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| BENOTEX LIMITED→ 14121928 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BIG UP WORLD LTD→ 13476607 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BILLINGSGATE SMOKED FISH LTD→ 11398121 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BKS TRADELINE LIMITED→ 07144179 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated1987-03-25
Jurisdictionengland-wales
Primary SIC46130 — SIC 46130
Registered office
92 Station Road
Clacton-On-Sea
Essex
CO15 1SG
England
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-09-29
Last: 2025-09-15
Officers (3 active · 2 resigned)
REES, Jacqueline Elizabeth→
Activesecretary · appointed 1996-08-16
View their other companies + combined net worth →
REES, Jacqueline→
Activedirector · ~66y · appointed 2016-02-06
View their other companies + combined net worth →
Active
TILSLEY, Andrew Robert→
Resignedsecretary · resigned 1996-08-16
HALLS, Roger→
Resigneddirector · ~75y · resigned 2016-02-05
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 09/08/2001 | — | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 10/07/2001 | — | |
| satisfied | Eagle Star Insurance Company Eagle Star Insurance Company Limited | Mortgage | 1 property | 19/03/1990 | 05/09/2013 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (118 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-16
change-person-director-company-with-change-date
officers · CH01
2023-12-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-08
change-person-director-company-with-change-date
officers · CH01
2023-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-17
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-15
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-02
confirmation-statement-with-updates
confirmation-statement · CS01
2020-10-12