A.R. HENDRICKS LIMITED

🌳Matureactive
02144000 · ltd · incorporated 1987-07-01
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£1
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Special-situation opportunity
Distressed other with salvageable qualities — special-situations priority.

Opportunity 66/100 (strong), bankability 67/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (38/100).

🏦

Refinance opportunity

16 live charges · 4 lenders · oldest 38.5y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 38.5 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 55/100 (high).

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
16 charges (16/16 with lender, 16/16 with type)
90
Directors & officers
26 officers (2 active, 26 linked, 23 with DOB)
88
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
243 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£1
~ YoY
Current Assets
£1
~ YoY
Current Liabilities
£0£0£0£1£1£1Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£1£1
Current assets£1£1
Debtors£1£1
Net assets£1£1

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
0
filings
Counts from Companies House filing history.
Corporate timeline (97 events)Click to expand
  1. 2025-09-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-09-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-09-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-04-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2023-04-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-03-31
    WHITE, Jonathan Barry, Mr. appointed
    director
  7. 2023-03-31
    BITHELL, Charles Peter resigned
    director
  8. 2022-10-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  9. 2022-09-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2022-09-05
    SOCKETT, Martin John, Mr. resigned
    director
  11. 2022-09-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2022-03-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2022-01-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2022-01-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2022-01-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2022-01-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2022-01-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2022-01-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2022-01-07
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  20. 2021-12-31
    WAGSTAFF, Andrew Thomas appointed
    director
  21. 2021-12-31
    GRAFTON GROUP SECRETARIAL SERVICES LIMITED resigned
    corporate-secretary
  22. 2021-12-31
    BITHELL, Charles Peter appointed
    director
  23. 2021-12-31
    O'HARA, Brian resigned
    director
  24. 2021-12-31
    SOCKETT, Martin John, Mr. appointed
    director
  25. 2021-12-31
    WILKINSON, Garrett resigned
    director
  26. 2021-10-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  27. 2021-04-30
    📄
    legacy
    capital · SH20
  28. 2021-04-30
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  29. 2021-04-30
    ⚠️
    legacy
    insolvency · CAP-SS
  30. 2015-04-30
    HODGKISS, Brian resigned
    director
  31. 2014-07-15
    CHIVERTON, Roy Mark resigned
    director
  32. 2014-06-18
    O'DONOVAN, Colin resigned
    director
  33. 2014-05-02
    WILKINSON, Garrett appointed
    director
  34. 2013-09-09
    O'NUALLAIN, Colm resigned
    director
  35. 2013-05-28
    O'DONOVAN, Colin appointed
    director
  36. 2012-09-06
    MCCABE, Michael Francis resigned
    director
  37. 2011-12-31
    MARTIN, Leo James resigned
    director
  38. 2011-09-30
    MIDDLETON, Kevin Paul resigned
    director
  39. 2009-12-31
    JONES, John Stuart resigned
    director
  40. 2008-12-12
    O'HARA, Brian appointed
    director
  41. 2008-05-30
    CHADWICK, Michael resigned
    director
  42. 2008-05-30
    MARTIN, Leo James appointed
    director
  43. 2005-11-01
    HENDRICKS, Anthony Richard resigned
    director
  44. 2005-06-28
    SOWTON, Jonathon Paul resigned
    director
  45. 2005-06-21
    MCCABE, Michael Francis appointed
    director
  46. 2005-06-21
    SOWTON, Jonathon Paul appointed
    director
  47. 2001-12-08
    🔓
    Charge satisfied #9
  48. 2001-12-08
    🔓
    Charge satisfied #5
  49. 2000-09-07
    🔓
    Charge satisfied #3
  50. 2000-08-26
    🔓
    Charge satisfied #16
Showing most recent 50 of 97 events

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • 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.

Red flags

1 high · 1 med ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2021-04-30: legacy

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.

Group structure

Building Supplies Distribution Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Building Supplies Distribution Limited
Corporate parent · holds 75-100% shares
ultimate parent
A.R. HENDRICKS LIMITED
This company · 02144000

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%
NameSharesVoting rightsNature of controlNotified
Building Supplies Distribution Limited
Corporate entity
75100%
75-100% shares18/12/2020
1 historic (ceased) PSC
  • Grafton Group (Uk) Plcceased 18/12/2020· 75-100% shares · 75-100% voting · board control

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

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
Incorporated1987-07-01
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999

Registered office

Head Office
Industrial Estate
Llangefni
Anglesey
LL77 7JA
Wales

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-01
Last: 2025-10-18

Officers (2 active · 24 resigned)

WAGSTAFF, Andrew Thomas
director · ~52y · appointed 2021-12-31
View their other companies + combined net worth →
Active
WHITE, Jonathan Barry, Mr.
director · ~46y · appointed 2023-03-31
View their other companies + combined net worth →
Active
HODGKISS, Brian
secretary · appointed 1993-12-02 · resigned 1998-08-17
Resigned
MILLS, Brian Peter
secretary · resigned 1993-12-02
Resigned
GRAFTON GROUP SECRETARIAL SERVICES LIMITED
corporate-secretary · appointed 1998-09-17 · resigned 2021-12-31
Resigned
BITHELL, Charles Peter
director · ~58y · appointed 2021-12-31 · resigned 2023-03-31
Resigned
CHADWICK, Michael
director · ~75y · appointed 1998-09-17 · resigned 2008-05-30
Resigned
CHIVERTON, Roy Mark
director · ~69y · appointed 2000-06-27 · resigned 2014-07-15
Resigned
GAYNOR, Patrick Joseph
director · ~100y · appointed 1993-12-01 · resigned 1998-09-17
Resigned
HENDRICKS, Anthony Richard
director · ~98y · resigned 2005-11-01
Resigned
HODGKISS, Brian
director · ~70y · appointed 2000-06-27 · resigned 2015-04-30
Resigned
HODGKISS, Brian
director · ~70y · appointed 1997-04-01 · resigned 1998-09-17
Resigned
JONES, John Stuart
director · ~81y · resigned 2009-12-31
Resigned
LOVELL, Martin John
director · ~75y · resigned 1997-04-08
Resigned
MARTIN, Leo James
director · ~75y · appointed 2008-05-30 · resigned 2011-12-31
Resigned
MCCABE, Michael Francis
director · ~55y · appointed 2005-06-21 · resigned 2012-09-06
Resigned
MIDDLETON, Kevin Paul
director · ~70y · appointed 2000-06-27 · resigned 2011-09-30
Resigned
MILLS, Brian Peter
director · ~70y · resigned 1995-12-31
Resigned
O'DONOVAN, Colin
director · ~52y · appointed 2013-05-28 · resigned 2014-06-18
Resigned
O'HARA, Brian
director · ~59y · appointed 2008-12-12 · resigned 2021-12-31
Resigned

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

Mortgages & charges

16
Total charges
1
Outstanding
1
Active lenders
Status:Lender:16 of 16 shown
TypeProperties
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property04/10/199326/08/2000
satisfied
3I
3I PLC
Mortgage1 property04/10/199329/09/1998
outstanding
Harold Frederick Wensley Cory
Rent deposit deed1 property23/12/1992
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property19/06/199026/08/2000
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property06/02/199026/08/2000
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property11/01/199019/02/1991
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property03/02/198926/08/2000
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property03/02/198908/12/2001
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property03/02/198926/08/2000
satisfied
Barclays
Barclays Bank PLC
Legal charge2 properties03/02/198919/02/1991
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property03/02/198926/08/2000
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property16/09/198808/12/2001
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property16/09/198819/02/1991
satisfied
Barclays
Barclays Bank PLC
Guarantee & debenture1 property30/11/198707/09/2000
satisfied
Investors in Industry
Investors in Industry PLC
Supplemental legal charge1 property30/11/198729/09/1998
satisfied
Investors in Industry
Investors in Industry PLC
Debenture1 property30/11/198729/09/1998
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (243 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-19
accounts-with-accounts-type-dormant
accounts · AA
2023-09-22
termination-director-company-with-name-termination-date
officers · TM01
2023-04-14
appoint-person-director-company-with-name-date
officers · AP01
2023-04-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-10-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-19
accounts-with-accounts-type-dormant
accounts · AA
2022-09-12
termination-director-company-with-name-termination-date
officers · TM01
2022-09-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-29
appoint-person-director-company-with-name-date
officers · AP01
2022-01-17
appoint-person-director-company-with-name-date
officers · AP01
2022-01-17